Citigroup: The Stress Test and Share Buybacks
Mar 13th 2013 4:03PM
Updated Mar 13th 2013 4:06PM
Last week, the Federal Reserve reported that 17 of the nation's 18 largest banks passed this year's round of stress tests. Among those making the grade was Citigroup . The question this week, set to be answered on Thursday, is whether the Fed will allow Citigroup to return capital to shareholders by means of a share buyback program. In the video below, Motley Fool contributor John Maxfield discusses why he thinks the chances of this are good.
Citigroup's stock looks tantalizingly cheap. Yet the bank's balance sheet is still in need of more repair, and there's a considerable amount of uncertainty after a shocking management shakeup. Should investors be treading carefully, or jumping on an opportunity to buy? To help figure out whether Citigroup deserves a spot on your watchlist, I invite you to read our premium research report on the bank today. We'll fill you in on both reasons to buy and reasons to sell Citigroup, and what areas Citigroup investors need to watch going forward. Click here now for instant access to our best expert's take on Citigroup.
The article Citigroup: The Stress Test and Share Buybacks originally appeared on Fool.com.John Maxfield has no position in any stocks mentioned. The Motley Fool owns shares of Citigroup. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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