In the following video, Motley Fool financial analyst Matt Koppenheffer tells us why he bought Bank of America (BAC +1.57%) last week. He highlights how important it is for a bank to have good leadership, telling us what he likes about BAC's CEO and what this bank has done to address some of the legal issues that had been hanging over it. Matt also takes a look at its valuation at the moment and explains to investors why he sees it as an attractive one.
The Bank Stock I Just Bought
By Matt Koppenheffer – Feb 14, 2013 at 2:06PM
NYSE: BAC
Bank of America
Market Cap
$389B
Today's Change
(1.57%) $0.81
Current Price
$52.57
Price as of October 24, 2025 at 4:00 PM ET
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About the Author
Matt is the head of the Coverage Team for The Motely Fool's premium products. Previously, he's been . Matt is a heavy user of AI tools and is working on harnessing them to help Fool members. Previously, Matt was GM of Motley Fool Ascent, led The Motley Fool Deutschland, has been an investor on various Fool services, and co-hosted the podcast "Where the Money Is". He also co-authored the book The Astonishing Collapse of MF Global. Matt started his career in San Francisco as a technology-focused investment banker and also worked at a $15 billion private equity company. When he's thinking about how to make Fools smarter, happier, and richer, you can usually find Matt running trails or making a mess in the kitchen. He's a graduate of the University of Pennsylvania, but is a lifelong fan of Penn State football.