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Bank of America and Its Giant Ego

By David Hanson and Matt Koppenheffer - Apr 2, 2013 at 6:30PM

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Just how much is Bank of America's goodwill worth?

In the following video, Motley Fool financial analysts David Hanson and Matt Koppenheffer take a break from looking at the big banks in terms of their tangible book value, and instead examine the intangible assets that fall under the category of goodwill. They note that goodwill composes 30% of Bank of America's (BAC 0.95%) total equity, the highest of all the big banks, and discuss how it got to be such a large portion of BAC's equity and whether or not the value of BAC's goodwill may be overstated a bit. 

 

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Stocks Mentioned

Bank of America Corporation Stock Quote
Bank of America Corporation
BAC
$37.02 (0.95%) $0.35
Citigroup Inc. Stock Quote
Citigroup Inc.
C
$53.62 (-0.87%) $0.47
JPMorgan Chase & Co. Stock Quote
JPMorgan Chase & Co.
JPM
$131.27 (1.41%) $1.83
Wells Fargo & Company Stock Quote
Wells Fargo & Company
WFC
$45.89 (0.64%) $0.29

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