A Very Informative Chart From Bank of America
Every time Bank of America (NYSE: BAC) reports quarterly earnings, it includes a presentation deck to illustrate the bank's performance over the previous three months.
Its latest presentation covers a variety of topics, including loan growth, asset quality, and expense highlights. But the most informative slide concerns so-called operating leverage.
Operating leverage reflects the balance in the growth of a bank's revenue and expenses. Image source: Getty Images.
Source: Fool.com