1 Critical Success Factor for Bank of America
After dealing with legal headaches for the past several years, Bank of America and Brian Moynihan are shifting their attention and effort to actually driving revenue. With interest rates at historic lows and net interest margins tight, banks are searching for opportunities to boost non-interest revenue and build meaningful relationships.
In this video, Motley Fool banking analysts Matt Koppenheffer and David Hanson tell investors which part of the megabank's business is a crucial factor for its long-term success.
Bank of America's stock doubled in 2012. Is there more yet to come? With significant challenges still ahead, it's critical to have a solid understanding of this megabank before adding it to your portfolio. In The Motley Fool's premium research report on B of A, analysts Anand Chokkavelu, CFA, and Matt Koppenheffer, Financials bureau chief, lift the veil on the bank's operations, including detailing three reasons to buy and three reasons to sell. Click here now to claim your copy.
The article 1 Critical Success Factor for Bank of America originally appeared on Fool.com.David Hanson has no position in any stocks mentioned. Matt Koppenheffer owns shares of Bank of America. The Motley Fool recommends Wells Fargo. The Motley Fool owns shares of Bank of America, JPMorgan Chase, 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.