Explain any variation in these ratios from the peer average

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Reference no: EM13586421

Go to the Web site of the Federal Financial Institutions Examination Council (FFIEC). The site has information on summary ratios for Bank of America.

(https://www.ffiec.gov/nicpubweb/nicweb/InstitutionProfile.aspx?parID_Rssd=1073757&parDT_END=20070630)

Using the most recent quarterly data available, compare Bank of America with its peer group averages for the following ratios:

  • ROE
  • ROA
  • PLL/Average Assets

Explain any variation in these ratios from the peer average. Comment on the profitability of banks in the peer group.

Write a 1-page report with data and analysis in a Word document formatted in APA style.

Reference no: EM13586421

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