Bank of America (NYSE: BAC ) , Bank of Internet (NASDAQ: BOFI ) , and M&T Bank (NYSE: MTB ) are all banks. That's basically where the similarities end. Every bank holds different assets than their competitors, relies on different revenue streams, and also has different funding sources. This last point is often overlooked by investors.
In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson take a deep look at the liabilities side of bank balance sheets and highlight the vast differences investors can find at various banks.
A watershed moment for the banking industry?
Do you hate your bank? If you're like most Americans, chances are good that you answered yes to that question. While that's not great news for consumers, it certainly creates opportunity for savvy investors. That's because there's a brand-new company that's revolutionizing banking, and is poised to kill the hated traditional brick-and-mortar banking model. And amazingly, despite its rapid growth, this company is still flying under the radar of Wall Street. For the name and details on this company, click here to access our new special free report.