Bank of America's (NYSE:BAC) serious dip in profits from one year ago was largely attributed to legal costs – and, no doubt, they were onerous. Looking below the surface, however, is a simmering problem: the bank doesn't seem to have a consistent method for making money.

This issue is becoming even more apparent now that one big way B of A has been propping up its bottom line – cutting costs – is waning. More disquieting, however, is the fact that the bank just isn't making loans, despite its efforts to bolster that activity. The slideshow below highlights a few reasons why the future still isn't bright for the Charlotte, NC-based megabank.

Amanda Alix has no position in any stocks mentioned. The Motley Fool recommends Bank of America and Wells Fargo. The Motley Fool owns shares of Bank of America and Wells Fargo. 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.