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The Federal Reserve raised its benchmark interest rate for the sixth time since 2015.
Citigroup reported earnings on Tuesday at 8 am that beat Wall Street's expectations.
Several big banks released earnings this morning, but the news didn't spur much optimism on Wall Street.
The Senate is closer than ever to passing tax reform and bank stocks are seeing a boost.
Bank stocks mixed despite Goldman Sachs and Morgan Stanley earnings beats
The optimism on banks, which make up most of the financials sector, is widespread.
Banks benefited the most of anyone from the Fed's statement on Wednesday, and now investors are betting on continued gains in the sector.
Bank stocks are mostly higher after the Fed announced moves that hint at a strong economy.
The first of the big banks released earnings this morning, and they're spelling trouble for bank stocks.
Despite strong recent performance and appealing fundamentals going forward, bank stocks are not feeling the love from Wall Street analysts.