Hmm, this analyst must be looking a different set of tea leaves than the rest of us...

Bank Of America: The Worst Is Over
Oguz Erkol
Seeking Alpha
Feb 1, 2016
http://bit.ly/1JUudLi

[snip]

In 4Q 2015, NCOs (net charge offs) increased by $212 million on a linked quarter basis, of which $144 million came from consumer items and $73 million from the energy portfolio. Outside of these two areas, NCOs were stable. I foresee no major deterioration in asset quality for BofA going forward, as the bank's prudent lending strategy will help it avoid credit losses. Even if a system-wide credit quality erosion is very likely this year, I expect it to perform relatively better in this respect.