The financial sector has lagged market in the past year as banks continue to struggle with heightened post-crisis regulation and historically low interest rates. Here’s a look back at how the “Big Four” U.S. banks fared in Q1.
Citigroup Inc C 0.96% reported EPS of $1.10 on revenue of $17.5 billion. The EPS number beat consensus expectations, but revenue came up short of Wall Street predictions. Since Citi reported, its stock is up 3.2 percent.
Bank Of America Corp BAC 1.56% reported EPS of $0.21 on revenue of $19.7 billion, both short of consensus analyst expectations. Since earnings, the stock is up 5.2 percent.
JPMorgan Chase & Co. JPM 0.63% beat consensus estimates on earnings ($1.35) and revenue ($24 billion). Since the company reported, the stock is up 1.1 percent.
Wells Fargo & Co WFC 0.85% topped…
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