Banks U.S. Community

The passing of the GENIUS Act establishes a clear regulatory framework for stablecoins, allowing banks like Citi to issue their own stablecoins; Citi Token Services lets Citi position itself as the "killer app" for institutional cross-border payments, absorbing complexities and offering instant, cost-effective solutions; Core business is firing on all cylinders , with record performances in Markets and Wealth, significant share gains in Investment Banking (especially M&A, LevFin, and sponsors), and robust growth in Services and U.S. Personal Banking, all contributing to strong revenue momentum; Highly capital efficient returning $3 billion in capital during the quarter , including $2 billion in share repurchases, part of our $20 billion repurchase plan with a goal of 11% Return on tangible equity (ROTE or ROTCE). ✨ Chat with this narrative: https://notebooklm.google.com/notebook/aa2a6c92-6bd1-495e-beb5-d8d4e6525410 (believe a Google account is required) Background Citigroup Inc.

M&T Bank's stock price is likely to move in line with broader market trends and the overall performance of the banking sector. Potential: Strong economic growth and rising interest rates could positively impact M&T Bank's profitability.

Wells Fargo (WFC) is currently seen as undervalued for several reasons. Its forward price-to-earnings (P/E) ratio, around 9.83x, is lower than the broader market average, signaling that its stock may be cheaper compared to other financial companies​.

Key Takeaways Banks are being forced to offer higher rates to keep deposits. Lending will remain slow, which will squeeze net interest margins.

Release Date: April 17, 2025 Net Profit: $45.1 million or $1.30 per diluted share for Q1 2025. Core Earnings: $59 million for Q1 2025, up from $53 million in Q1 2024.

Key Takeaways As one of the "Big 4" U.S. banks, BAC has demonstrated resilience during the last sector turmoil, maintaining a strong brand and market presence. Despite economic uncertainties, BAC boasts a resilient loan book and solid profit margins, which should help it navigate potential challenges.

Currently 2.77%+, and has been consistently staying Green. Tomorrow Nu Holdings will be releasing their Quarterly Report.

Zion Bank will be releasing their Quarterly Earnings Report on 10-21-24. 4 out of 4 of their last reports were all beats.

Citizens Financial is currently $43.60. They will be releasing their quarterly report tomorrow morning during Pre-Market.