Bank of America (NYS: BAC) reported earnings on Wednesday, and in its report, it updated investors on the safety of its balance sheet.
In this video, Motley Fool analysts Matt Koppenheffer and Anand Chokkavelu discuss B of A's capital ratios. While the big bank's buffer against losses is comparable to peers like JPMorgan Chase and Wells Fargo, does that mean this is a perfectly safe bank? Tune in below to find out.
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The article Bank of America Q3 Earnings: Is This a Safe Bank? originally appeared on Fool.com.Anand Chokkavelu owns shares of Bank of America, Citigroup, Wells Fargo, and JPMorgan Chase. He also owns long-dated options on Bank of America and warrants on Citigroup, Wells Fargo, and JPMorgan Chase. Fool contributor Matt Koppenheffer owns shares of Bank of America. The Motley Fool owns shares of Bank of America, Citigroup, JPMorgan Chase, and Wells Fargo. Motley Fool newsletter services recommend 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.
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