5 Best Bank Stocks for 2021

3. Citigroup Inc. (NYSE: C)

Citigroup ranks 3rd on the list of 10 best bank stocks for 2021. The bank was formed as a result of the merger between Citicorp and financial conglomerate Travelers Group. As of the end of 2019, Citigroup has total assets worth $1.95 trillion. The bank has over 138 million credit card accounts and $564 billion in annual purchase sales. Citi’s global consumer banking operations have about 2,348 branches and generated $7.4 billion in pre-tax earnings in 2019.

As of the end of the fourth quarter, 95 hedge funds in Insider Monkey’s database of 887 funds held stakes in Citigroup Inc., compared to 91 funds in the third quarter. Harris Associates is the biggest stakeholder in the company, with 27 million shares, worth $1.67 billion.

Citigroup Inc. (C), NYSE:C, Yahoo Finance,

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