If you think Bank of America (NYSE:BAC) is a bank that's just too complicated to ever own stock in, think again.
Though BofA does have a derivatives portfolio and an investment banking that has trading operations, a huge chunk of the bank's income still comes from basic banking businesses. And it's in those basic banking businesses that the bank has a big advantage.
In the video below, Motley Fool banking analyst Matt Koppenheffer breaks down one simple reason why Bank of America is a bank that's still worth owning.
Matt Koppenheffer owns shares of Bank of America. The Motley Fool recommends Bank of America. The Motley Fool owns shares of Bank of America. Try any of our Foolish newsletter services free for 30 days.