All three banks took advantage of the Great Recession to increase national market share, as JPMorgan controls 13 percent of the nation's deposits, followed by Bank of America at 9.9 percent and Wells Fargo at 9.7 percent.
Wells Fargo is the country's largest lender with 12 percent of the market. JPMorgan has 6.3 percent and Bank of America has 4.2 percent. Needless to say, the three banks all have a solid read on what is happening in the industry.
All three confirmed there are more loans, more spending and fewer customers going broke on their conference calls. They all painted a very strong picture that things have picked up after the election.
"I cannot stress how important all of this is," Cramer said.
That means the banks will be ready when more rate hikes come along, and will have a large amount of cash ready to lend.
"It is the ideal backdrop for the bank stocks to go higher," Cramer said.