Walmart makes two new big jumps because this is where the money is.

Hi Fool's, financial analyst Michael Douglas here with our senior banking specialist John

Maxfield from Portland who just got back in from Italy. John how are you doing?

I'm doing great I'm doing great, ate too much spaghetti.

But other than that, I never thought I didn't think it would be possible, but it is.

Wow, yeah, that's actually pretty shocking to me.

I did not know such a thing existed, but it's good to know.

Well, it's great to have you back for this show, John.

We certainly missed you while you were gone.

Let's jump right in.

There's kind of a lot happened over the last couple of weeks.

Let's start off with the third quarter for banks.

So a headline from our good friends at the Wall Street Journal,

Clouds hang over a strong quarter for banks.

And overall, the quarter didn't look too bad, right?

You had what, revenue growing five of the six big banks.

Only Bank of America down, and well, they also had that minor issue of the humongous

lawsuit that they paid off, which results in a multi-billion dollar

charge.

What are the clouds hanging over the banks?

So to your point, Michael, there's kind of the storyline is that, look, revenue grew at

five out of the six big banks.

...