The Most Important Part of Bank of America’s Earnings Report

There are plenty of reasons for investors to be happy with the bank’s performance — for example, the charge-off ratio sank to a historic low, expenses are down, and although they’re not quite where they need to be, the bank’s return on equity and return on assets are starting to look more respectable. However, there’s one piece of information from the bank’s earnings report you should pay close attention to.