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Breakfast Technical Briefing on Citigroup and Three Other Additional Banking Stocks

Stock Research Monitor: CMA, FRC, and STL

LONDON, UK / ACCESSWIRE / June 7, 2018 / If you want a free Stock Review on C sign up now at www.wallstequities.com/registration. This morning, WallStEquities.com covers the Money Center Banks industry, which comprises banks that raise most of their funds from the domestic and international money markets, relying less on depositors for funds. Lined up for assessment today are the following stocks: Citigroup Inc. (NYSE: C), Comerica Inc. (NYSE: CMA), First Republic Bank (NYSE: FRC), and Sterling Bancorp (NYSE: STL). All you have to do is sign up today for this free limited time offer by clicking the link below.



New York-based Citigroup Inc.'s shares gained 2.20%, closing Wednesday's trading session at $68.23. The stock recorded a trading volume of 14.84 million shares. The Company's shares have advanced 11.83% over the past year. The stock is trading 1.75% below its 50-day moving average. Additionally, shares of Citigroup, which provides various financial products and services for consumers, corporations, governments, and institutions, have a Relative Strength Index (RSI) of 46.58.

On May 24th, 2018, Citigroup announced that CFO John Gerspach will present at Morgan Stanley Financials Conference on June 13th, 2018. The presentation is expected to begin at approximately 8:50 a.m. ET. A live webcast will be available on the Company's investor website. Get the full research report on C for free by clicking below at:



On Wednesday, shares in Dallas, Texas headquartered Comerica Inc. recorded a trading volume of 2.00 million shares, which was above their three months average volume of 1.49 million shares. The stock rose 1.84%, ending the day at $97.43. The Company's shares have advanced 3.59% in the past month and 42.40% over the past year. The stock is trading above its 50-day and 200-day moving averages by 1.30% and 11.87%, respectively. Furthermore, shares of Comerica, which through its subsidiaries, provides various financial products and services, have an RSI of 52.74.

On June 05th, 2018, Comerica Bank, a subsidiary of Comerica, announced that its California Economic Activity Index was up by 0.1 points in March to 124.0. March's reading is 26 points, or 27%, above the index cyclical low of 97.7. The index averaged 121.2 points in 2017, two and three-fifths points above the average for all of 2016. February's reading was revised up to 123.9. CMA's complimentary research coverage is a few simple steps away at:


First Republic Bank

San Francisco, California headquartered First Republic Bank's stock finished the day 1.81% higher at $102.32 with a total trading volume of 850,947 shares. The Company's shares have advanced 6.68% in the last month, 4.02% in the previous three months, and 8.50% over the past year. The stock is trading above its 50-day and 200-day moving averages by 7.78% and 8.20%, respectively. Additionally, shares of the Company, which together with its subsidiaries, provides private banking, private business banking, real estate lending, and wealth management services to clients in metropolitan areas of the US, have an RSI of 66.18.

On June 05th, 2018, First Republic Bank announced the pricing of a public offering of 12,000,000 depositary shares, each representing a 1/40th interest in a share of its 5.50% Noncumulative Perpetual Series I Preferred Stock, at a public offering price of $25.00 per depositary share. The offering is expected to close on or about June 12th, 2018, subject to the satisfaction of customary closing conditions. Register for your free research report on FRC at:


Sterling Bancorp

Shares in Montebello, New York-based Sterling Bancorp ended yesterday's session 1.61% higher at $25.25. The stock recorded a trading volume of 2.58 million shares, which was above its three months average volume of 2.01 million shares. The Company's shares have advanced 5.21% in the last month and 16.36% over the past year. The stock is trading 7.39% and 4.75% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Sterling Bancorp, which operates as the bank holding company for Sterling National Bank that provides various banking services to commercial, consumer, and municipal clients in the US, have an RSI of 63.13. Wall St. Equities' downloadable research report on STL available at:


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