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Pedestrians walk past a Citibank branch in Washington, D.C.
Citigroup is scheduled to report quarterly results later on Monday.
Here's what Wall Street is expecting from the banking giant:
Earnings: $1.80 per share expected by RefinitivRevenue: $18.634 billion forecastFixed-income, currencies and commodities (FICC) trading revenue: $3.05 billion expected by StreetAccountEquities trading: $930 millionInvestment banking revenue: $1.2 billion forecastNet interest margin: 2.72%The results will follow the retirement of President Jamie Forese, who was considered a potential successor to CEO Michael Corbat. Citigroup announced Forese's retirement on April 11.
Citigroup shares have been on fire this year, rallying nearly 30% in that time period. The stock is also outperforming peers like J.P. Morgan Chase, Wells Fargo, Morgan Stanley, and Bank of America.
J.P. Morgan and Wells Fargo both reported quarterly earnings on Friday that topped analyst expectations. Shares of J.P. Morgan rallied on the news, while Wells Fargo dropped on a profit warning from its CFO.
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