(Answered) Go to the web site of the federal financial institutions

Finance

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

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