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Welcome to Industry Focus, the podcast that dives into a different sector of the stock market every day.

It's Monday, February 12th, and we are talking about investing in commercial banks.

I'm your host, Michael, and I'm joined as per usual by Matt Frankel.

Now, before we get started and get into the nitty gritty

this is part three of our three-part series on Big American Banks. Part one was our

December 11th episode breaking down the investment banks, Goldman Sachs and Morgan Stanley.

Part 2 was our January 29th episode breaking down Universal Banks, Bank of America, Citigroup,

and J.P. Morgan.

Now we're in part 3, commercial banks.

That's Wells Fargo and U.S. Bankor. We'll be running these

banks through the same framework that we did the first two sets. Onon Chockeolu, the Pool.

Com's Managing Editor, wrote a great piece, I really call it my banking viable back in 2014.

It's his best attempt at a framework for how to understand a bank stock.

It's a great accompaniment to this episode because we'll be following that framework throughout.

Shoot me an email at industry focus at fool.com if you need the link and if you don't have it,

because it really helps I think kind of

of tie everything we're talking through together.

...