Citigroup Inc. (C)
JPMorgan, Citi Stage Breakouts Ahead of Bank Earnings Slate
Early Q2 reports have already begun to trickle in, with the focus now turning to the major bank results on Friday.
How To Earn $500 A Month From Citigroup Stock Ahead Of Q2 Earnings Report
Citigroup Inc. C will release its financial results for the second quarter, before the opening bell on Friday.
Citigroup protesters blockading NYC headquarters claim they were shoved by one of bank's top lawyers
Raw footage of the incident obtained by The Post shows a man in a blue, button-down dress shirt and jeans pushing against a line of protesters who are holding what looks like a black barricade made to resemble an oil pipeline.
Citigroup Q2 Earnings Preview: Extended Gains Seem Possible
Citigroup Inc. is set to release its second-quarter earnings report on July 12. The bank's stock has shown moderate gains since our latest coverage. Critical talking points suggest Citigroup might deliver a robust second-quarter earnings report.
Top Wall Street analysts favor these dividend stocks for better returns
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Darden Restaurants and Citigroup
Citi urges dismissal of ex-managing director's whistleblower lawsuit
Citigroup urged a judge to dismiss a lawsuit by a former managing director who accused the bank of firing her in retaliation for refusing to give regulators false information.
Citigroup Remains A Buy With The 2024 Stress Test Results
Citigroup Remains A Buy With The 2024 Stress Test Results
Banks Clear 2024 Stress Test: Will Payouts be Bigger This Time?
This year, all 31 banks, including JPMorgan, Goldman, Morgan Stanley, Citigroup and Fifth Third Bancorp, have cleared the stress test. The payouts are likely to be conservative due to lingering headwinds.
Citi Head of Risk Data Peter Cai Leaves Bank
Citigroup's head of risk data, analytics, reporting and tech Peter Cai has reportedly become the latest senior executive to leave the bank. Cai's departure was announced internally on Tuesday (June 25) and a Citigroup spokesman confirmed the move Wednesday (June 26), Reuters reported Wednesday.
Citigroup confirms departure of its head of risk data, analytics, reporting & tech
Citigroup's head of risk data, analytics, reporting and tech Peter Cai has left the bank, a spokesman confirmed.
JPMorgan Stock Gained 17% YTD, What's Next?
JPMorgan's stock (NYSE: JPM) has gained approximately 17% YTD, as compared to the 14% rise in the S&P500 over the same period. Notably, JPMorgan's peer Citigroup (NYSE: C) is up 20% YTD.
Citigroup: Buying Into The Restructuring Plan
Citigroup's performance metrics, such as ROTCE and tangible book value growth, vastly lag behind its peers. Therefore, its price to tangible book value remains low at 0.7x. Contrary to others, Citi has been the only major bank that has seen a decline in non-interest income over the last two Q1 results. However, their aggressive restructuring plan, which intends to divest from 14 markets and reduce headcount considerably, could potentially allow them to simplify their business and raise the price-to-TBV multiple.
