Despite surprising the market and beating analysts' expectations, not everything in the Citigroup (NYSE: C ) earnings report was wildly positive. While the bank showed strong performance in its markets and investment banking divisions, the firm's transaction services group appears to be suffering.
In this video, Motley Fool banking analyst David Hanson tells investors why this segment is important to the bank's overall strategy and if its performance will weigh the stock down in the future.
Citigroup's stock looks tantalizingly cheap. Yet the bank's balance sheet is still in need of more repair, and there's a considerable amount of uncertainty after a shocking management shakeup. Should investors be treading carefully, or jumping on an opportunity to buy? To help figure out whether Citigroup deserves a spot on your watchlist, I invite you to read our premium research report on the bank today. We'll fill you in on both reasons to buy and reasons to sell Citigroup, and what areas Citigroup investors need to watch going forward. Click here now for instant access to our best expert's take on Citigroup.