Bank of America (BAC) and Citigroup (C) are cutting costs and adjusting strategies to improve profitability. BAC projects 2025 NII of $15.5-$15.7B driven by consumer demand, while C is cutting 20,000 jobs and exiting 14 markets to save up to $2.5B annually. BAC trades at 12.4X forward P/E, while C is at 10.8X, with stronger YTD share gains. Both banks are focused on enhancing digital services and cross-selling products to drive growth and improve financial performance. Citi’s restructuring efforts and lower valuation compared to BAC make it an attractive buy for investors seeking value.

Read more at Zacks Investment Research: BAC vs. C: Which Bank Stock is Poised to Offer Better Value? – August 29, 2025