Barclays Bank Blitz: Analysts Cut Earnings Estimates For 15 Financial Stocks


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Barclays cut its fiscal year EPS estimates for several U.S. banks, including:
  • Ally Financial Inc (NYSE: ALLY): To $2.25 from $2.30
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  • Bank of America Corp (NYSE: BAC): To $1.32 from $1.35
  • BB&T Corporation (NYSE: BBT): To $2.85 from $2.89
  • Citigroup Inc (NYSE: C): To $4.65 from $4.90
  • Citizens Financial Group Inc (NYSE: CFG): To $1.80 from $1.82
  • Comerica Incorporated (NYSE: CMA): To $2.50 from $2.55
  • Fifth Third Bancorp (NASDAQ: FITB): To $1.62 from $1.64

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  • Goldman Sachs Group Inc (NYSE: GS): To $14.60 from $15.65
  • JPMorgan Chase & Co. (NYSE: JPM): To $5.75 from $5.85
  • Morgan Stanley (NYSE: MS): To $2.40 from $2.45
  • Northern Trust Corporation (NASDAQ: NTRS): To $4.15 from $4.20
  • Regions Financial Corp (NYSE: RF): To $0.82 from $0.83
  • Shaw Communications Inc (USA) (NYSE: SJR): To $1.51 from $1.52
  • Bank of New York Mellon Corp (NYSE: BK): To $3.05 from $3.10
  • U.S. Bancorp (NYSE: USB): To $3.25 from $3.30

  • Crypto Whales Are Loading Up — Are You?

    New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


    Posted In: Analyst ColorAnalyst RatingsBarclays