Please ensure Javascript is enabled for purposes of website accessibility

Did Bank of America Deserve to Be Walloped?

By David Hanson and Matt Koppenheffer - Apr 17, 2013 at 9:02PM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Shares of Bank of America were slammed after the bank announced earning. Was the sell-off justified?

After Bank of America (BAC -3.08%) reported its first-quarter earnings, shares of the megabank took a beating. Investors appeared unimpressed by the bank's cost-cutting efforts and lack of revenue growth. Despite the dull results, should long-term investors really be nervous about about the bank's future profitability?

In this video, Motley Fool banking analysts David Hanson and Matt Koppenheffer grade the bank's results and tell investors how they change their long-term view. 

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

Bank of America Corporation Stock Quote
Bank of America Corporation
$34.88 (-3.08%) $-1.11

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning service.

Stock Advisor Returns
S&P 500 Returns

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 05/18/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.