Why the Good Bank Stocks Are Having a Good Year

By Tyler Riggs and David Hanson – Jul 5, 2014 at 8:43AM

NYSE: WFC

Wells Fargo

Market Cap

$215B

Today's Change

(-0.56%) -$0.34

Current Price

$60.60

Price as of April 24, 2024, 4:00 p.m. ET

You can't paint a broad brush around the banking industry anymore because the "good banks" are doing things differently.

Wells Fargo (WFC -0.56%), PNC Financial Services (PNC 0.29%), and US Bancorp (USB 1.56%) are having a good year when compared to some of their more troubled peers.

Dubbed the "good banks" by Motley Fool financial analyst David Hanson, is the positive performance of these so-called "good banks" surprising?

In this episode of The Motley Fool's Where the Money Is, David Hanson and fellow financial analyst Tyler Riggs dig deeper into the changing face of the banking industry and discuss what makes these good, solid banks stand out from all the rest.

David Hanson owns shares of Apple and PNC Financial Services. Tyler Riggs owns shares of Wells Fargo. The Motley Fool recommends Apple and Wells Fargo. The Motley Fool owns shares of Apple, PNC Financial Services, 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.