Citigroup reported quarterly earnings and revenue that beat analyst expectations on Friday, as the company's results got a boost from lower corporate taxes and strong revenue from stock trading. Here is how the banking giant fared in the first …
KUSA1mon
It’s earnings season, and you know what that means: Banks go first. We’ve heard from a slew of banks already, including JPMorgan Chase & Co. (NYSE:JPM), Goldman Sachs Group Inc (NYSE:GS) and Citigroup Inc (NYSE:C). JPM stock …
Citigroup Inc (NYSE:C) reported a big earnings topper on Tuesday morning. The numbers (big beats on the top and bottom) sent Citigroup stock higher on the day. But the stock is giving up some of those gains on Wednesday despite broad …
Short-term pain. Long-term gain. Big banks are taking huge hits to their profits because of the corporate tax cut. Citigroup posted a whopping $18.3 billion quarterly loss on Tuesday, after it took a one-time charge of $22 billion because of the …
Over the past year, shares of Citigroup (NYSE: C) have climbed 47%. That's more than double the return on the S&P 500, and it comfortably exceeds other big banks as well, with the KBW Bank Index returning 38% since this time last year. …
That’s one reason why I have liked BAC stock for so ... continue to strengthen, Citigroup’s core businesses will only gain strength. That’s something that can’t be repeated enough. I have said it over and over here on InvestorPlace that …
Earlier this week, shares of Citigroup Inc (NYSE:C) got a boost from the increasing likelihood that the federal tax bill would pass. Now, though, C stock price is teetering on breakout status and could be signaling a buy. Citigroup stock trades …