With Wells Fargo's (WFC 0.20%) 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.
An overview of how the banks have been reporting.
About the Author
Matt is the head of the Coverage Team for The Motely Fool's premium products. Previously, he's been . Matt is a heavy user of AI tools and is working on harnessing them to help Fool members. Previously, Matt was GM of Motley Fool Ascent, led The Motley Fool Deutschland, has been an investor on various Fool services, and co-hosted the podcast "Where the Money Is". He also co-authored the book The Astonishing Collapse of MF Global. Matt started his career in San Francisco as a technology-focused investment banker and also worked at a $15 billion private equity company. When he's thinking about how to make Fools smarter, happier, and richer, you can usually find Matt running trails or making a mess in the kitchen. He's a graduate of the University of Pennsylvania, but is a lifelong fan of Penn State football.