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Bank of America Needs to Hit a Home Run

By David Hanson - Apr 15, 2013 at 9:02PM

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The market wasn't impressed with earnings from Wells Fargo and JPMorgan, but it loved Citigroup's report. What will the market think when B of A reports on Wednesday?

On Wednesday morning, Bank of America (BAC -1.71%) will report first-quarter earnings. It is the last of the four biggest U.S. banks to report. Last week, investors were not overly impressed with the earnings from Wells Fargo and JPMorgan Chase as mortgage revenue fell. On the other hand, the market reacted quite positively to results reported by Citigroup (C -0.06%). So, the question is: Where does this leave B of A investors?

In this video, Motley Fool banking analyst David Hanson tells investors one major factor that the market will be watching when the megabank reports earnings. 

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Stocks Mentioned

Bank of America Corporation Stock Quote
Bank of America Corporation
BAC
$33.86 (-1.71%) $0.59
Citigroup Inc. Stock Quote
Citigroup Inc.
C
$49.75 (-0.06%) $0.03

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