In the following video, Motley Fool financials analysts Matt Koppenheffer and David Hanson discuss Bank of America (NYSE:BAC) and its recent stress test results. In particular, they discuss a form of projected banking operating earnings called the pre-provision net revenue, or PPNR. While the model that Bank of America ran for this number over the stress test period came in very similar to where it came out last year in the CCAR stress test, the Fed's calculation came in dramatically lower. Matt tells us how this affects the bank, and why B of A executives must be hopping mad behind the scenes.
- Mar 10, 2013 at 3:00PM