CNBC's Jim Cramer on Wednesday reviewed major banks' earnings performance, saying he's pleased with the sector overall.
He gave his take on quarters from JPMorgan Chase, Wells Fargo, Citigroup, Bank of America, Goldman Sachs and Morgan Stanley.on Wednesday reviewed major banks' performance after the group released their reports en masse over the past several days. Cramer said he's pleased with earnings in the sector overall, even though some banks' shares slipped after their reports.
"When you go through the actual results from the big banks, they're pretty good," he said. "I feel much better about the group than I did last week, even if their stocks don't yet tell the story, and the market has gotten really hard."expectations even though shares sank after the report.
JPMorgan Chase, Wells Fargo, Citigroup, Bank of America, Goldman Sachs and Morgan Stanley did not immediately respond to request for comment.
Stock Markets Investment Strategy Business Markets JPMORGAN DRN Wells Fargo & Co Citigroup Inc Bank Of America Corp Goldman Sachs Group Inc Morgan Stanley Business News
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