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. 

David Hanson has no position in any stocks mentioned. 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. We Fools may not 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.