Bank of America (NYSE:BAC) and its stock have been on a hot streak, but some signs suggest that to the party will end sooner rather than later.
In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analyst David Hanson is joined by John Reeves to discuss John's upcoming piece on the long-term sustainability of Bank of America's business model.
John acknowledges that Bank of America has a powerful strategy in place, but he voices his concerns that reputational risk from its larger, less-profitable customer base could eventually affect the bank's relationships with its high-end, more profitable clientele.
David Hanson and John Reeves have no position in any stocks mentioned. The Motley Fool recommends and owns shares of Bank of America. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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