Bank of America Had a Strong Quarter, but Falling Rates Hurt Profits
Earnings season is now underway, and Bank of America (NYSE: BAC) just announced its fourth-quarter and full-year results. While the numbers and most of the company's earnings report look quite strong, the falling-rate environment seems to have prevented the bank from delivering an outstanding quarter like it did a few months ago.
With that in mind, here's a rundown of the good and the bad from Bank of America's Q4 earnings.
Image source: Bank of America.
Source Fool.com
