Citigroup to report first-quarter earnings before market open
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In this articleCitigroup is scheduled to report first-quarter earnings before the opening bell Tuesday. Here's what Wall Street expects: Citigroup, whose stock is the best performer year-to-date among the large banks, has gotten a boost from its turnaround effort and relatively low valuations. The firm has been streamlining its operations and working through several regulatory consent orders, which it reportedly expects to complete this year. However, with its global footprint, Citigroup is also perceived to be more impacted by the geopolitical environment than many of its peers. Analysts will want to hear from CEO Jane Fraser on how the firm is weathering the macro environment, and especially the state of the consumer, given its credit card exposure. And while the firm shot down a report that it's looking to buy a U.S. regional bank, there will be questions about other potential deals, especially with several regulatory proposals that could allow the firm to spend more capital. On Monday, Goldman Sachs posted results that beat estimates, although FICC trading disappointed. JPMorgan and Wells Fargo are also out with results on Tuesday, while Bank of America and Morgan Stanley are releasing results on Wednesday. This story is developing. Please check back for updates.Got a confidential news tip? We want to hear from you.Sign up for free newsletters and get more CNBC delivered to your inboxGet this delivered to your inbox, and more info about our products and services.© 2026 Versant Media, LLC.
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