The big banks are kicking off earnings season, and while Citi (C – Get Report) did so with a bang there are some particular factors to watch for in the rest of the earnings reports.
Citigroup
Citi beat analyst’s estimates on revenue and earnings per share, posting $18.8 billion and $1.95 respectively. This beat expectations of $18.5 billion and $1.80. This brought the rest of the banking group up slightly in premarket trading Monday, with the SPDR S&P bank ETF (KRE – Get Report) up 0.11%.
