Time to Buy These 2 Bank Stocks?

By Chris Hill – Apr 12, 2013 at 6:32PM

NYSE: JPM

JPMorgan Chase

Market Cap

$556B

Today's Change

(0.11%) $0.21

Current Price

$193.29

Price as of April 25, 2024, 12:18 p.m. ET

Two bank stocks that delivered when earnings report time rolled around.

The following video is from Friday's Motley Fool Money roundtable discussion with host Chris Hill, and analysts Ron Gross, Jason Moser, and Charly Travers.

JP Morgan Chase (JPM 0.11%) and Wells Fargo (WFC -1.02%) reported better-than-expected profits on Friday, but shares fell on weakness in the banks' mortgage businesses. In this installment of Motley Fool Money, our analysts discuss the implications for investors.

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 JPMorgan is a buy today, I invite you to read our premium research report on the company today. Click here now for instant access!

The relevant video segment can be found between 10:44 and 12:14

For the full video of today's Motley Fool Money, click here.

Charly Travers has no position in any stocks mentioned. Chris Hill has no position in any stocks mentioned. Jason Moser has no position in any stocks mentioned. Ron Gross has no position in any stocks mentioned. The Motley Fool recommends Wells Fargo. The Motley Fool owns shares of JPMorgan Chase & Co. and Wells Fargo. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.