Big bank earnings are in focus as JPMorgan Chase, Bank of America, Wells Fargo, and Citigroup report updates amid Fed signals and inflation data. Citigroup’s stock has surged 43% in the past year as they plan to cut 20,000 jobs by 2026. CEO Jane Fraser is preparing for more layoffs in March. Citigroup’s recent earnings show a positive EPS surprise but net income growth has declined. Analysts expect significant earnings growth for Citigroup, with a consensus “Moderate Buy” rating and a 16% upside in the stock price. The bank is reshaping from within with layoffs and funding moves.

Read more at Barchart: More Layoffs Are Coming at Citigroup in March. What Does That Mean for C Stock and Its 2% Dividend?