Dec 14, 2016 by John MaxfieldWhat the Fed's Rate Hike Means for Bank of AmericaThe Federal Reserve’s decision to raise interest rates will boost revenue throughout the bank industry, especially at Bank of America.
Dec 14, 2016 by John MaxfieldChart: Why Bank of America’s Growth Should AccelerateAs Bank of America continues to offload noncore loans, the revenue from new and existing loans should pick up steam.
Dec 14, 2016 by John MaxfieldWhy Wednesday Is So Important for Bank StocksBank investors will be waiting with bated breath for the Federal Reserve’s monetary policy announcement.
Dec 13, 2016 by John MaxfieldBank of America and JPMorgan Chase Clear Latest Regulatory HurdleThe Federal Reserve says that Bank of America and JPMorgan Chase's resubmitted living wills resolved regulators' previous concerns.
Dec 13, 2016 by John MaxfieldWells Fargo Stumbles AgainThe bank faces yet another round of regulatory sanctions.
Dec 13, 2016 by John MaxfieldThe Hidden Cost of Bank of America’s DepositsBank of America spends the equivalent of 1.6% of its total deposit base each year on gathering up noninterest expenses.
Dec 12, 2016 by John MaxfieldHow Much Did the Financial Crisis Cost Bank of America?Bank of America CEO Brian Moynihan recently updated the bank's estimate of its financial crisis-related costs.
Dec 10, 2016 by John MaxfieldHow Investors Should Think About Bank of America's Stock Right NowHere’s a thorough discussion about whether Bank of America’s stock is currently cheap or expensive.
Dec 9, 2016 by John MaxfieldThis Chart Speaks Volumes About Bank of America's Progress Since the Financial CrisisBank of America's earnings per share no longer resemble a roller coaster ride.
Dec 9, 2016 by John MaxfieldBiggest Bank Stocks Ranked by CapitalA simple list of the 10 biggest U.S. banks ranked by the amount of capital on their balance sheets.
Dec 8, 2016 by John MaxfieldCitigroup's Deferred Tax Asset: What Is It and Why Does It Matter?One of the keys to understanding Citigroup right now is its $51 billion worth of deferred tax assets.
Dec 8, 2016 by John MaxfieldWhy Bank of America CEO Brian Moynihan Isn't Surprised by Its Soaring StockMoynihan singled out two reasons behind the recent surge in Bank of America’s stock.
Dec 7, 2016 by John MaxfieldGood News: The American Economy Is Doing WellWhile it’s tempting to think that the American economy is still struggling to recover from the financial crisis, the data says otherwise.
Dec 7, 2016 by John MaxfieldBy This Measure, Bank of America Is the Biggest Bank in the United StatesNo other bank in the United States has as much capital as Bank of America does.
Dec 7, 2016 by John MaxfieldAn Underappreciated Reason Investors Should Own U.S. Bancorp StockU.S. Bancorp's CEO Richard Davis has the highest employee-approval rating among big bank CEOs.
Dec 6, 2016 by John MaxfieldTrump's Tax Plan Could Cost Bank of America $4.4 BillionA drop in the top corporate tax rate would likely require Bank of America to write off a portion of its deferred tax assets.
Dec 6, 2016 by John MaxfieldWhy Lower Taxes Could Cost Citigroup $13 BillionIt's ironic, but the immediate impact from a drop in the corporate income tax rate would be bad for Citigroup.
Dec 4, 2016 by John MaxfieldWells Fargo's Shares Rose 15% Last Month -- Here's WhyAfter dropping in September and October, Wells Fargo’s shares staged a comeback in November.
Dec 3, 2016 by John MaxfieldWhy the Latest Unemployment Data Is Such Good News for Bank of AmericaAn unexpected decline in the unemployment rate should incentivize the Federal Reserve to raise interest rates at its meeting this month, which will translate into higher earnings for Bank of America.
Dec 3, 2016 by John MaxfieldHere’s Why JPMorgan Chase Blew Away the Broader Market in NovemberThe outcome of the presidential election caused bank stocks to soar last month.