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Zacks News
Citigroup (C) Faces Lawsuit From Ver Capital Over $262M Loan Deal
by Zacks Equity Research
Ver Capital Partners slaps Citigroup (C) with a lawsuit over default asset sale on a $262-million loan deal. Unfair liquidation process and conflict of interest has put the firm in a soup.
Citigroup (C) Outpaces Stock Market Gains: What You Should Know
by Zacks Equity Research
Citigroup (C) closed the most recent trading day at $72.04, moving +1.62% from the previous trading session.
Citigroup (C) is a Top-Ranked Momentum Stock: Should You Buy?
by Zacks Equity Research
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Citigroup (C) Stock Moves -0.7%: What You Should Know
by Zacks Equity Research
Citigroup (C) closed at $71.12 in the latest trading session, marking a -0.7% move from the prior day.
Banks Record Solid July Credit Card Data on Fiscal Aid, Liquidity
by Swayta Shah
Card issuers - JPMorgan (JPM), BofA (BAC), Capital One (COF), Citi (C), Synchrony Financial (SYF), Discover Financial (DFS) & American Express (AXP) - record robust credit card metric performance in July.
Citigroup (C) Up 8.3% Since Last Earnings Report: Can It Continue?
by Zacks Equity Research
Citigroup (C) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Bank Stock Roundup: C, TFC, JPM, USB in Focus on Business Restructuring Efforts
by Swayta Shah
Business restructuring initiatives and robust economic growth are likely to support major banks including Citigroup (C), Truist Financial (TFC), JPMorgan (JPM) and U.S. Bancorp (USB).
Citigroup (C) Rolls Out Digital Platform to Boost Local Lending
by Zacks Equity Research
In efforts to digitize small and medium-sized business lending, Citigroup (C) has launched a digital lending platform, Bridge built by Citi, for loans up to $10 million.
Citigroup (C) to Vend Australian Consumer Business for $882M
by Zacks Equity Research
In a bid to focus on core operations and streamline international businesses, Citigroup (C) has reportedly agreed to sell its Australian consumer business to National Australia Bank for $882 million.
Is First Trust Rising Dividend Achievers ETF (RDVY) a Strong ETF Right Now?
by Zacks Equity Research
Smart Beta ETF report for RDVY
Top Stock Picks for Week of JULY 23, 2021
by Anup Sadhu
Top Stock Picks for Week of JULY 23, 2021
Banking Earnings Decent: Time to Buy Financial ETFs on Value?
by Sanghamitra Saha
The financial sector, which accounts for around one-fifth of the S&P 500 Index, had a decent Q2.
Netflix, Johnson & Johnson, JPMorgan, Citigroup and Wells Fargo are part of Zacks Earnings Preview
by Zacks Equity Research
Netflix, Johnson & Johnson, JPMorgan, Citigroup and Wells Fargo are part of Zacks Earnings Preview
Q2 Earnings Reports Confirm Economic Boom Ahead
by Sheraz Mian
We are off to a great start in the Q2 earnings season, with 2021 Q2 earnings projected to climb 14.5% above the comparable pre-Covid 2019 period...
Bank Stock Roundup: JPM, WFC, BAC, C, TFC & PNC in Focus as Q2 Earnings Start
by Swayta Shah
Q2 earnings begin on a positive note with major banks like JPMorgan (JPM), BofA (BAC), Citi (C), Wells Fargo (WFC), PNC Financial (PNC) & Truist (TFC) outpacing estimates, mainly driven by reserve releases and decent fee income performance.
Top Stock Picks for Week of JULY 15, 2021
by Anup Sadhu
Top Stock Picks for Week of JULY 15, 2021
Citigroup (C) Q2 Earnings and Revenues Top Estimates
by Zacks Equity Research
Citigroup (C) delivered earnings and revenue surprises of 46.39% and 0.62%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Citigroup (C) Q2 Earnings Top Estimates, Revenues Down Y/Y
by Zacks Equity Research
Citigroup's (C) Q2 results are largely driven by a rise in revenues, while rising expenses and lower revenues in debt underwriting have been undermining factors.
PPI for June Came in Higher-than-Expected
by Zacks Equity Research
PPI for June Came in Higher-than-Expected
PPI +1.0%; Powell Still Defies Inflation
by Mark Vickery
The Producer Price Index (PPI), like yesterday's CPI, is also running hotter than anticipated: +1.0% versus the +0.6% estimate.
Markets Sell Early Q2 Earnings News
by Mark Vickery
Sometimes, enduring a less-than-pleasant spectacle is still better than an unexpected surprise.
Dismal Trading Performance to Hurt BofA's (BAC) Q2 Earnings
by Zacks Equity Research
Because of reduced volatility and market normalization, Bank of America's (BAC) second-quarter 2021 trading revenues are not expected to have improved much.
Goldman (GS) Q2 Earnings Beat Estimates, Revenues Rise Y/Y
by Zacks Equity Research
Robust investment banking performance and impressive consumer banking support Goldman's (GS) Q2 earnings.
JPMorgan (JPM) Q2 Earnings Beat on Reserve Release, IB Fees
by Zacks Equity Research
Robust IB performance, slight rise in demand for loans and big credit release aid JPMorgan's (JPM) Q2 earnings amid lower interest rates, and dismal trading and mortgage banking performance.
Decent Investment Banking to Support BofA (BAC) Q2 Earnings
by Zacks Equity Research
Amid lower rates, weak lending scenario and dismal trading activities, decent investment banking performance might have supported BofA's (BAC) Q2 earnings to some extent.