On Tuesday, the FDIC released its quarterly banking profile, a comprehensive data set that covers more than 7,000 FDIC-insured banks. In the video below, Motley Fool contributor John Maxfield discusses why it appears that banks are safer and more profitable than ever.
Are Banks Stronger Than Ever?
That's what new data from the FDIC suggests.
By John Maxfield – Mar 1, 2013 at 10:45AM EST
Stocks Mentioned
Bank of America
NYSE: BAC
$53.91
(+0.75%)+$0.40
Wells Fargo
NYSE: WFC
$81.46
(+0.26%)+$0.21
U.S. Bancorp
NYSE: USB
$56.93
(+2.61%)+$1.45
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.




