Forget pricey JPMorgan: Is this turnaround bank the better rebound bet?

Investing.com · Harry Jones · 2026-11-06 14:09 UTC

Forget pricey JPMorgan: Is this turnaround bank the better rebound bet?

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Investing.com — With Citigroup (NYSE:C) expecting the Federal Reserve to hold off on rate cuts until June 2027, investors are sorting banks by who can keep earning while rates stay high. JPMorgan Chase (NYSE:JPM) is the usual answer, at nearly 14 times earnings, and Bank of America (NYSE:BAC) has barely moved in a year.

Investors have been willing to pay for safety, but it’s Citigroup that gained 29.6% over that stretch and still trades at 11.4 times earnings.

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