Looking at the performance of Bank of America's (NYSE:BAC) shares following its earnings announcement, you'd be excused for thinking that the nation's second largest bank by assets had a horrible first quarter. But this simply isn't true. In the video below, Motley Fool contributor John Maxfield discusses why the moves in Bank of America's stock were more of an overreaction as opposed to an accurate reflection of the bank's first-quarter performance.

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