Today, analyst Austin Smith discusses more reasons for investors to consider buying big banks. After the 2008 crisis, banks wrote off risky loans and began making more conservative investments. Since then credit card defaults have continued to trend lower, and banks have a little extra cash freed up that they previously held to cover bad loans. This should help banks offset weaknesses in other areas, and perhaps encourage more investment and cash flow that can stimulate growth. While this growth only reflects one aspect of a big bank's operations, Austin sees it as one of many reasons to like big banks.
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