Citigroup (C) Revenue Up 14% With Earnings Jumping to $3.06
Published on Β· Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowCitigroup (C) reported a robust first quarter in 2026 with a year-over-year revenue increase of 14% and earnings per share rising from $1.96 to $3.06. Over the past year, the stock has surged more than 60%, outpacing competitors such as JPMorgan Chase (JPM) and Bank of America (BAC). The price-to-book (P/B) ratio increased from 0.5x to 1.1x, while the price-to-earnings (P/E) ratio advanced from 6x to 15x. Despite this rise, Citigroup's return on average common equity (ROTCE) was 13.1%, below Bank of America's 16% and JPMorgan's 23%.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
About Bank of America Corporation (BAC)
Bank of America is one of the largest U.S. banks, offering consumer banking, wealth management, and investment banking.
The Financials sector covers banks, insurers and capital-markets firms at the center of the economy.
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