|Bid||43.02 x 800|
|Ask||43.12 x 1100|
|Day's Range||42.81 - 43.39|
|52 Week Range||32.00 - 83.11|
|Beta (5Y Monthly)||1.77|
|PE Ratio (TTM)||8.35|
|Earnings Date||Jan 15, 2021|
|Forward Dividend & Yield||2.04 (4.72%)|
|Ex-Dividend Date||Jul 31, 2020|
|1y Target Est||63.96|
Earnings season has come and gone for America’s biggest banks, and if it has taught us anything, it’s this: If you’re a bank, it’s best not to look like one. JPMorgan shares fell by more than 2% after reporting, despite beating earnings per share expectations by 31%; Citigroup dropped 4.8% despite a 54% beat; and Bank of America lost more than 5% after topping forecasts by 4%. It has been painful: Bank of America saw a 17% drop in net interest income, surprising analysts and casting doubt on future loan growth even as management said it thinks interest income bottomed in the third quarter.
It has been an interesting few months for Citigroup (NYSE: C). On Sept. 10, the fourth-largest bank in America named Jane Fraser as its new CEO, making her the first woman to lead one of the nation's major banks. Fraser, a Citigroup executive for the past 16 years, will replace Michael Corbat, who has served as chief executive for eight years.
Michael Verdeschi, Treasurer of Citigroup, will present at the 39th Annual BancAnalysts Association of Boston Conference on Friday, November 6, 2020. The presentation is expected to begin at approximately 11:20 a.m. (Eastern). A live webcast will be available at www.citigroup.com/citi/investor. A replay and transcript of the webcast will be available shortly after the event.