• Here comes Citi

    8 days ago - By Business Insider

    Citigroup is set to announce second-quarter earnings results Friday morning.
    Analysts expect the bank to report adjusted earnings of $1.56, a 21.7% increase from last year.
    Here' s what else analysts will be looking for:
    Revenue: $18.5 billion, up 3.5% from 2017
    Net income: $4 billion, up 12.3% from 2017
    Markets: Trading revenues are expected to be flat compared with 2017 and down from a robust first quarter, with equities outperforming fixed income.
    Credit cards: Analysts are looking for signs of improvement in Citi's branded credit card portfolio, as promotions have weighed on revenue...
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  • Here comes Citi

    Here comes Citi

    8 days ago - By Business Insider

    Citigroup is set to announce second-quarter earnings results Friday morning.
    Analysts expect the bank to report adjusted earnings of $1.56, a 21.7% increase from last year.
    Here' s what else analysts will be looking for:
    Revenue: $18.5 billion, up 3.5% from 2017
    Net income: $4 billion, up 12.3% from 2017
    Markets: Trading revenues are expected to be flat compared with 2017 and down from a robust first quarter, with equities outperforming fixed income.
    Credit cards: Analysts are looking for signs of improvement in Citi's branded credit card portfolio, as promotions have weighed on revenue...
    Read more ...

     

  • Here comes JPMorgan

    Here comes JPMorgan

    8 days ago - By Business Insider

    JPMorgan is set to announce second-quarter earnings results Friday morning.
    Analysts expect the bank to report adjusted earnings of $2.22, a 30% increase from last year.
    Here' s what else analysts will be looking for:
    Revenue: $27.3 billion
    Net income: $7.6 billion
    Business conditions: Investors will be focused on the firm's net interest margin, to see what impact this year's rate hikes have had. There are also signs of a pick up in loan growth, according to KBW analysts, who will be listening to management commentary for signs of a second half increase. Intra-quarter guidance suggest that...
    Read more ...

     

  • Here comes JPMorgan

    Here comes JPMorgan

    8 days ago - By Business Insider

    JPMorgan is set to announce second-quarter earnings results Friday morning.
    Analysts expect the bank to report adjusted earnings of $2.22, a 30% increase from last year.
    Here' s what else analysts will be looking for:
    Revenue: $27.3 billion
    Net income: $7.6 billion
    Business conditions: Investors will be focused on the firm's net interest margin, to see what impact this year's rate hikes have had. There are also signs of a pick up in loan growth, according to KBW analysts, who will be listening to management commentary for signs of a second half increase. Intra-quarter guidance suggest that...
    Read more ...