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Big bank earnings kick off Tuesday with JPMorgan and Citigroup in focus
MarketWatch says Citigroup is expected to show the biggest improvement among large U.S. banks on one key measure, though it still has not reached its own performance target.
Big U.S. banks are set to begin reporting earnings Tuesday, with JPMorgan among the major companies in focus, according to MarketWatch.
The outlet highlighted Citigroup as the standout among large peers, expecting the greatest improvement on one important measure, while noting the bank still has further progress to make to meet its own performance target.
The preview points to investors using the bank results to gauge whether so-called “cheap” big bank stocks can continue to climb after prior strength.
With multiple large banks reporting around the same time, MarketWatch framed the day as a test of how earnings trends are evolving across the sector.