Jim Cramer ranks first-quarter earnings from 6 major U.S. banks. Our portfolio stocks fared well

Wall Street's biggest banks finished reporting first-quarter earnings this week. Overall, their results were positive. Jim Cramer ranks them. The "pecking order" for the majors, according to Jim, were Morgan Stanley, Goldman Sachs , Wells Fargo, Citigroup , Bank of America and JPMorgan Chase. Investment banking and fee-based income were among the tailwinds. Execution issues and falling short of elevated expectations were among the headwinds.

A combination file photo shows Wells Fargo, Citibank, Morgan Stanley, JPMorgan Chase, Bank of America and Goldman Sachs.Wall Street's biggest banks finished reporting first-quarter earnings this week. Overall, their results were positive. Jim Cramer ranks them.

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