C - Citigroup Inc.
While tech dominates the headlines, five bank stocks quietly cleared the Fed's toughest stress tests and immediately raised their dividends from a position of strength.
Upcoming reports from the big banks next week will shift the Q3 earnings season into a higher gear, with a total of 29 S&P 500 members on the week's reporting docket. Estimates remain positive, with S&P 500 earnings expected to grow 24.3% YoY on 11.5% higher revenues.
When JPM reports their Q3 '26 financial results before the opening bell on Tuesday, October 13th, Street consensus is expecting EPS of $5.90 and net revenue of $51.5 billion, for expected y-o-y growth of 16% and 11%, respectively. For Citigroup's earnings, analyst consensus expectation is $2.66 in EPS and $23.7 billion in revenue, for expected EPS and net revenue growth of 43% and 7% respectively. Trading at just over 1x book value, Citi is more the value play of the two banking giants, but Citi has a much lower ROTCE than JPM's. Citi is trading at just 11x expected 48% EPS growth in '26, while 15% EPS growth is still expected in '27 and '28.
Both JPMorgan and Citigroup just raised their dividends, but one of them has a history of cutting payments to a penny a quarter when conditions turn ugly. The wrong choice could haunt a retirement portfolio for years.
C's Q3'26 results are expected to benefit from a rise in NII and market revenues, while cost savings and capital returns remain key focus areas.
Citi can gain 28% if it rerates to trade at similar valuation to competitors.
Higher interest rates are generally seen as beneficial for the likes of JPMorgan and Wells Fargo, but spiking yields of the type we have been experiencing are negative for these banks from several angles.
A weekly, midday program that delivers high-impact, editorially driven coverage of the most important corporate transactions shaping the global market. Today's guests: Permira Co-CEO, CO-Managing Partner Brian Ruder, Jefferies Senior Equity Research Analyst Shelia Kahyaoglu, McNally Capital Founder, Co-CEO & Managing Partner Ward McNally, 3wire Partners Founder & Managing Partner Anita Antenucci, and Citi Co-Head North Ameica Investment Banking David Friedland.
Wall Street giants have slashed their Bitcoin price targets multiple times this year, with one firm swinging by tens of thousands of dollars in a single quarter. Here is how much trust investors should actually place in these forecasts.
Citigroup estimates Meta's AI assistant Muse could generate more than $27 billion in revenue by 2030 as strong user adoption and growing engagement reinforce the platform's first-mover advantage in the emerging personal agent market.
Alphabet nears $1B nuclear deal, TSMC hits a record, Nvidia nears $6T, and more
Citigroup Inc. C is taking Citi Token Services to Japan and the United Arab Emirates (UAE), broadening its digital payments network across key financial hubs and potentially supporting growth in its Services franchise.
This biotech stock could soar 30% or more over the next 12 months if some analysts are right.
Bitcoin ETFs pulled in billions during a blockbuster third quarter, yet the year-to-date total tells a very different story about where investor confidence actually stands heading into the final months of 2026.
Citigroup just slapped a bold new price target on Strategy stock after a stunning one-month run that left Bitcoin and every crypto peer in the dust.
One caveat to our overall agreeable employment situation these days is in the underperformance in Average Hourly Earnings.
Job postings referencing "agent orchestration" exploded by 1,721% this year, making it one of the most sought-after technical skills in finance, according to an analysis by enterprise hiring data firm Draup provided exclusively to CNBC. Hiring is expanding beyond model builders to "forward deployed engineers" who integrate AI directly into trading desks, compliance units and back-office operations.
Citigroup just updated its crypto price targets, but the numbers reveal a striking gap between what it expects from Bitcoin versus Ether, even as Ether has been the stronger performer lately. The reason why comes down to how institutional money actually moves.
Citigroup just issued a bold new Bitcoin price target based on surprisingly modest assumptions, but its own track record in 2026 reveals how quickly that forecast could collapse.
Citigroup just raised its price targets for both Bitcoin and Ethereum by similar margins, yet the two forecasts tell very different stories about which coin Wall Street actually trusts to deliver.