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Stock impact report

3 Bank Stocks to Buy Hand Over Fist in May [Yahoo! Finance]

Bank of America Corporation (BAC) 
Last bank of america corporation earnings: 4/15 06:45 am Check Earnings Report
US:NYSE Investor Relations: investor.bankofamerica.com
Company Research Source: Yahoo! Finance
over the past six months as the Federal Reserve pumped the brakes on its interest rate hiking campaign. Despite the run-up, there are still appealing long-term investment opportunities in bank stocks that have ridden out challenges in the past few years. Here are three banks that can make solid additions to your portfolio today. 1. Citigroup Citigroup (NYSE: C) is one of the United States' largest banks, holding nearly $1.7 trillion in assets. But despite its size and scale, it has failed to keep pace with its larger peers. Citigroup's sprawling global business has proven to be a headache, making it difficult to analyze and manage risks. As a result, the bank has underperformed its peers in profitability measures like return on equity (ROE). In 2021, Jane Fraser became Citigroup's CEO. Upon assuming the top role, Fraser laid out plans to boost the bank's operating efficiency and profitability. To achieve this, Citigroup announced it would wind down or sell 14 consumer franchis Show less Read more
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