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.

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Source Fool.com