Big banks are raking in monster profits -- and they can thank President Trump for their success. Big banks are also cashing in on the stronger economy, which has modestly increased demand for mortgages, car loans and business borrowing. The news wasn't great for all big banks. One concern is that big banks are benefiting from powerful, but fleeting forces: volatility and tax cuts. Colas said that despite their success, big banks are trading at roughly the same valuations as last year.

Source: CNN April 18, 2018 16:41 UTC