3 Bank Stocks With More Than 30% Growth in 2024: More Room to Run? [Yahoo! Finance]
Citigroup, Inc. (C)
Last citigroup, inc. earnings: 4/15 08:00 am
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US:NYSE Investor Relations:
citigroup.com/citi/investor/pres.htm
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Source: Yahoo! Finance
The U.S. economy got off to a good start in 2024, thanks to a robust labor market, increased consumer spending, technological advancements and optimism over potentially faster interest cuts by the Federal Reserve. However, as inflation was high and did not decline as anticipated, the euphoria surrounding interest rate reduction progressively waned. This led to uncertainty regarding the pace of rate cuts. Though the Fed has reduced interest rates by 100 basis points since September, it has hinted at fewer cuts for 2025. Despite this, the rate cut spree announced by the Fed has kept banking stocks in focus. As we approach 2024 end, it is time to look back at how this year has fared for banking stocks. Major banks like Wells Fargo & Company WFC, Citigroup, Inc. C and Bank of America BAC rose more than 30% in 2024. Price Performance Zacks Investment Research Image Source: Zacks Investment Research Additionally, several banks have increased their capital distribution activitie
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C
News
- Why Citigroup (C) Could Beat Earnings Estimates Again [Yahoo! Finance]Yahoo! Finance
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- Citigroup (C) Beats Stock Market Upswing: What Investors Need to Know [Yahoo! Finance]Yahoo! Finance
- UBS Plans Job Cuts in France on Weak Economy & CS Integration [Yahoo! Finance]Yahoo! Finance
C
Earnings
- 10/16/24 - Beat
C
Sec Filings
- 1/2/25 - Form FWP
- 1/2/25 - Form FWP
- 1/2/25 - Form 424B2
- C's page on the SEC website