January 16, 2013
With Wells Fargo's (NYSE: WFC ) earnings report having kicked off earnings season for the big banks last week, investors got to see the beginnings of some of the trends are becoming broad-reaching across several banks this season. In this video, Motley Fool financial analyst Matt Koppenheffer talks about some of those trends, such as the compression of net interest margins and how banks more heavily reliant on fees have performed better, and he highlights which banks hit on all cylinders this quarter, and which ones misfired.
With big finance firms still trading at deep discounts to their historic norms, investors everywhere are wondering if this is the new normal, or whether finance stocks are a screaming buy today. The answer depends on the company, so to help figure out whether Goldman Sachs is a buy today, I invite you to read our premium research report on the company today. Click here now for instant access!