Bank of America (NYSE:BAC) reported earnings on Wednesday, and in its report, it updated investors on the safety of its balance sheet.
In this video, Motley Fool analysts Matt Koppenheffer and Anand Chokkavelu discuss B of A's capital ratios. While the big bank's buffer against losses is comparable to peers like JPMorgan Chase and Wells Fargo, does that mean this is a perfectly safe bank? Tune in below to find out.
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Anand Chokkavelu owns shares of Bank of America, Citigroup, Wells Fargo, and JPMorgan Chase. He also owns long-dated options on Bank of America and warrants on Citigroup, Wells Fargo, and JPMorgan Chase. Fool contributor Matt Koppenheffer owns shares of Bank of America.
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