Citigroup, Inc. Message Board
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CITI at borderline 4.9% from passing the Stress Test
Just 0.1% more and Citi will pass the Stress Test but bear in mind Citi proposal includes a 1000% increase in dividends which ultimately affect its capital base.
Unlike BAC which does not ask for dividend increase or share buyback, Citi shows a more comprehensive proposal. I can bet the Fed will approve if Citi revises its plans accordingly perhaps lowering its dividend proposal.
I still think Citi is a great buy and it should still rally in this and next week to $40.-
C will revise it's fiqures and C will pass. Funny how the pps is now rebounding HS. This giving the shorts a chance to cover and everybody ends up a winner.
- 1 Reply to cajunlady123
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All these shorts dont understand whats The Stress Test is all about.
Citi can easily pass the Stress Test if it did not include its dividend raise and share buyback proposal. Citi is a much stronger bank than Bank of America which passes the test cause it did not offer dividend raise/share buyback as part of the proposal.
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Exactamundo!
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POS Bank is what they should change their name to.
Not even dumping troubled mortgages helped. They dished them off to Carrington Mortgage very quietly.
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