Bank deposits are 'the bogeyman' that could be a long-term problem, analyst says
Bank of America (BAC) and Morgan Stanley (MS) were the latest Big Bank stocks to report first-quarter earnings on Tuesday. Both topped earnings and revenue estimates, a trend consistent for major fina...
Other symbols: BACGSJPMMSWFC
2 days ago - Yahoo Finance
Oakmark's Bill Nygren shares his value opportunities in the current market
Bill Nygren, Oakmark portfolio manager, joins 'Closing Bell Overtime' to talk his top stock picks, finding opportunities in the current market, and more.
Other symbols: APA
2 days ago - CNBC Television
Big banks led by Citi continue layoffs amid pressure to cut costs
U.S. banking giants continued to shed employees in the first quarter, with Citigroup seeing the biggest drop.
Other symbols: BACPNCWFC
2 days ago - Reuters
Three Key Takeaways From Big Bank Earnings
Top U.S. banks, including Bank of America, JPMorgan and Goldman, posted better-than-expected quarterly results thanks to a resilient economy, strong consumer spending and a flurry of Wall Street activ...
Other symbols: BACGSJPMMSWFC
2 days ago - WSJ
Higher deposit costs will weigh on the big banks, says Stephen Biggar
Stephen Biggar, Director of Financial Institutions Research at Argus Research, discusses earnings from Bank of America and Morgan Stanley.
Other symbols: BACGSJPMMSWFC
3 days ago - CNBC Television
CitiGroup Announces Full Redemption of Series D Preferred Stock
NEW YORK--(BUSINESS WIRE)--Citigroup Inc. is redeeming, in whole, all $1.25 billion aggregate liquidation preference of Series D Depositary Shares representing interests in its 5.350% Fixed Rate / Flo...
3 days ago - Business Wire
KBW CEO Michaud Sees Accelerated Bank Earnings in 2025
KBW CEO Tom Michaud examines first-quarter bank earnings, including firms' balance sheet advantage over non-banks and the bull case for an acceleration in bank earnings.
Other symbols: BACGSJPMMSWFC
4 days ago - Bloomberg Markets and Finance
What We Learned From Big Bank Earnings on Friday
Large U.S. banks kicked off the first-quarter earnings report season by disclosing higher-than-expected profits. But their net interest income—a key performance indicator for the sector—fell shy of pr...
Other symbols: JPMWFC
5 days ago - Investopedia
Bank earnings growth expectations 'might be a high bar', says John Hanco*ck's Emily Roland
Emily Roland, John Hanco*ck co-chief investment strategist, and Bob Elliott, Unlimited CEO, joins 'Closing Bell Overtime' to talk the day's market action.
Other symbols: JPMWFC
6 days ago - CNBC Television
Citigroup Keeps Eye on Lower FICO Customer Spend, Sees Digital Engagement Rising
Citigroup's latest results took note of continued spending on credit cards but there were some notes of caution in the mix. The earnings materials detailed that branded card-related volumes were 4% hi...
6 days ago - PYMNTS
Bank earnings 'weren't that bad,' but most of it was built in, says DCLA's Sarat Sethi
Sarat Sethi, DCLA managing partner, joins 'Power Lunch' to discuss what the managing partner makes of recent economic performance, what Sethi made of recent bank earnings, and what is changing with eq...
Other symbols: JPMWFC
6 days ago - CNBC Television
US banks' profit picture less clear with cloudy rates trajectory
The uncertain trajectory of interest rates is making it hard for U.S. banks to forecast profits and leading some to adopt a cautious stance for the remainder of the year.
Other symbols: BACGSJPMMSWFC
6 days ago - Reuters
JPMorgan, Wells Fargo, Citi stocks drop despite robust first-quarter earnings
While JPMorgan Chase & Co., Wells Fargo & Co. and Citigroup Inc. topped Wall Street estimates for earnings per share and revenue on Friday, stocks of all three megabanks fell into the red.
Other symbols: JPMWFC
6 days ago - Market Watch
Bank earnings breakdown: JPMorgan, Citi, and Wells Fargo surpass Wall Street expectations in Q1
First-quarter earnings season kicks off today with several Big Banks reporting their results: JPMorgan Chase & Co. (JPM), Citigroup (C), and Wells Fargo (WFC). While all three of the major banks toppe...
Other symbols: JPMWFC
6 days ago - Yahoo Finance
Citi Posts Q1 Earnings Beat on Booming Investment Banking Fees, Restructuring Ends
Citigroup (C) reported higher-than-forecast results as rising markets drove up investment banking fees and as CEO Jane Fraser's restructuring strategy aimed at streamlining the lender's costs bore fru...
6 days ago - Investopedia
Citigroup Beats on Profit, FICC Sales & Trading Revenue
Citigroup beat profit expectations in the first quarter, while FICC sales & trading revenue of $4.15 billion topped the average analyst estimate. Sonali Basak reports on Bloomberg Television.
7 days ago - Bloomberg Markets and Finance
Citigroup tops estimates for first-quarter revenue
CNBC's Leslie Picker joins ‘Squawk Box' to report on Citigroup's quarterly earnings results.
7 days ago - CNBC Television
Citi beats Street estimates in fiscal Q1
Citigroup Inc (NYSE: C) is trading up in premarket on Friday after reporting market-beating financial results for its first quarter. This is a developing story.
7 days ago - Invezz
Citi profit drops as costs rise for employee severance, deposit insurance
Citigroup's profit fell in the first quarter as it spent more on severance payments for laid-off employees and set aside money to refill a government deposit insurance fund.
7 days ago - Reuters
Earnings Season Kicks Off With Banks Stocks
Nasdaq Composite Closes At All-Time Highs. Bank Stocks Get Earnings Started. Gold And Silver Continue Rallying.
Other symbols: BACGSJPMMSWFC
7 days ago - Forbes
Citigroup tops estimates for first-quarter revenue on better-than-expected Wall Street results
The bank said profit fell 27% from a year earlier to $3.37 billion, or $1.58 a share, on higher expenses and credit costs. Revenue slipped 2% to $21.10 billion, mostly driven by the impact of selling ...
7 days ago - CNBC
Citigroup Reports First Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--Today Citi reported first quarter 2024 results, which can be found on its website at https://www.citigroup.com/global/investors. A Quarterly Financial Data Supplement with a...
7 days ago - Business Wire
Bank earnings kick off tomorrow: Here's what you need to know
Bank earnings are kicking off tomorrow. The Investment Committee looks ahead to their favorite financial.
Other symbols: BACGSJPMKBEMSWFCXLF
7 days ago - CNBC Television
Bank earnings season on deck: Here's what you need to know
Tom Michaud, KBW CEO, joins 'Money Movers' to discuss what he wants to hear from banks about credit and implications to commercial real estate, if there are still any mysteries with commercial real es...
Other symbols: BACGSJPMMSWFCXLF
7 days ago - CNBC Television
Big banks set to report earnings: Here's what investors should know
Macrae Sykes, portfolio manager at Gabelli Funds, joins CNBC's 'Squawk Box' to discuss banks as big giants likeJPMorgan and Citigroup are set to release their first-quarter earnings reports this week...
Other symbols: BACGSJPMMSWFC
7 days ago - CNBC Television
