Bank Of America: Best To Be Avoided In 2023 (NYSE:BAC)

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Bank of America Plaza

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Bank of America Corporation (NYSE:BAC) released its 4Q-22 earnings report last week, and the bank outperformed expectations by a wide margin.

Having said that, credit quality is deteriorating, and the CEO’s comments about a “mild” recession are concerning.

Earnings Calls

Earnings Calls (Bank Of America)

Provision For Credit Losses

Provision For Credit Losses (Bank Of America)