Bank of America (NYSE:BAC) is the most heavily traded stock on the S&P 500. It's also, at least in my opinion, the most difficult publicly traded company for individual investors to understand and analyze.

I created the slideshow below to help bridge this gap. It walks viewers through a simplified breakdown of Bank of America's three main business lines: traditional banking, investment banking, and asset/wealth management.

If you're a current or prospective investor in Bank of America, spending a minute or two flipping through the slideshow will be well worth your time. It reveals how I've come to view the $2.2 trillion megabank after spending years wrapping my head around it.

John Maxfield has no position in any stocks mentioned. The Motley Fool recommends 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.