Bank of America Was More Efficient Than Wells Fargo for a Second Consecutive Quarter
For much of the past decade, Bank of America (NYSE: BAC) found itself in the shadows of Wells Fargo (NYSE: WFC), which emerged from the financial crisis in a powerful competitive position after avoiding the worst excesses of the subprime mortgage bubble.
But Wells Fargo's advantage is beginning to wane.
Looking up at the Bank of America Plaza in Los Angeles, California. Image source: Getty Images.
Source: Fool.com
Bank of America Corp. Stock
€36.87
1.160%
Currently there is a rather positive sentiment for Bank of America Corp. with 27 Buy predictions and 5 Sell predictions.
With a target price of 42 € there is a slightly positive potential of 13.93% for Bank of America Corp. compared to the current price of 36.87 €.
