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Industry Focus

Financials: The Good, The Bad, and The Ugly in Last Week’s Mega Bank Earnings Reports

Industry Focus

The Motley Fool

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4.6854 Ratings

🗓️ 19 April 2016

⏱️ 21 minutes

🧾️ Download transcript

Summary

Bank stocks are up, but only because the largest U.S. banks did less bad than Wall Street expected.

On this financials edition of the Motley Fool’s Industry Focus podcast, host Gaby Lapera and analyst Jay Jenkins try to make sense of the good, the bad, and the downright ugly first quarter numbers at the nation’s largest banks.

Transcript

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0:00.0

Living Wells for Banks for Banks, this is Industry Focus Financials Edition.

0:07.0

Hello everyone, welcome to Industry Focus Financialss edition today is April 18th

0:13.9

2016 my name is Gabby lepera and joining me on the phone is analyst Jay Jenkins

0:18.5

hey how are you?

0:19.5

Hey gabby glad to be here awesome this is random, but my mother wanted to let you know that she thinks that you have a lovely

0:26.1

voice.

0:27.1

That's very sweet of her.

0:29.1

Yeah, yeah, that she told me last night, she was like, Gabby, you should really tell Jay Jenkins, he's got a nice voice.

0:36.4

And I was like, okay, well, I can do that for you.

0:38.0

Anyway, so before we get started into the meat of our episode, I wanted to thank Alex Grayson, Gord from

0:45.1

West Colonna Canada, Michelle Bilal Roussel and Mohammed Albin Sala for writing in

0:50.8

about last week's episode on writing.

0:52.8

We love getting mail, especially feedback

0:54.4

on what you think about the shows.

0:55.7

And speaking of which, we are gearing up

0:57.5

for another mailbag episode.

0:59.3

So send in those questions to Industry Focus

1:01.3

at full.comcom or tweet us at

1:03.1

M.F. Industry focus. So today's episode we are

1:07.4

going to talk a little bit about bank earnings and a little bit

1:09.7

about living wells and I want to start with the living

1:11.8

walls because this is a really interesting

...

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