The following video is from Monday's MarketFoolery podcast, in which host Chris Hill and analysts Jason Moser and Matt Argersinger discuss the top business and investing stories of the day.
Citigroup's (NYSE:C) first-quarter profit was up a better-than-expected 30% thanks to strength in the company's investment banking business. Its shares are up around 25% since former CEO Vikram Pandit stepped down in mid-October. Has Citigroup turned the corner? What do Citi's numbers mean in the wake of last week's earnings from JPMorgan Chase (NYSE:JPM) and Wells Fargo (NYSE:WFC)? In this installment of MarketFoolery, our analysts take stock in the big banks.
The relevant video segment can be found between 6:18 and 10:02.
Chris Hill, Jason Moser, and Fool contributor Matthew Argersinger have no position in any stocks mentioned. The Motley Fool recommends Goldman Sachs and Wells Fargo, and owns shares of Bank of America, Citigroup, JPMorgan Chase, and Wells Fargo. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
More from The Motley Fool
Better Stock: Wells Fargo (WFC) vs. Citigroup (C)
The two banks have had plenty of ups and downs over the last decade or so. Here's the one I think has more "up" potential right now.
These Bank Bets Put Even Bitcoin to Shame
Find out why you have less than a year left to use some of these unusual investments.
This Will Cost Corporate America Billions This Earnings Season
Find out why tax reform is a two-edged sword.