Why Bank of America Corp's Quarterly Earnings Don't Matter

Investors don't need to pay attention to Bank of America's earnings

Matt Koppenheffer
Matt Koppenheffer
Jul 15, 2014 at 12:13PM

Bank of America's quarterly earnings are always headline news, but they shouldn't be.

In the following video, Motley Fool banking analysts Matt Koppenheffer and David Hanson explain why Bank of America's quarterly check-ins with investors are not very useful. Matt reminds investors that the long-term investing thesis is unlikely to change every quarter. David notes that although the incremental improvements in Bank of America's expense line will not look substantial, over time, those changes can be a huge boon for shareholders over a stretched out timeframe.