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Banking News 16 January 2026

Citigroup stock rises again: Citi earnings beat, Russia exit and new analyst targets drive C shares

Citigroup stock rises again: Citi earnings beat, Russia exit and new analyst targets drive C shares

New York, Jan 16, 2026, 12:50 PM ET — Regular session Shares of Citigroup Inc climbed $1.57, or 1.3%, to $119.03 during midday trading on Friday, gaining ground faster than the broader financial sector’s modest uptick. The rebound follows a turbulent week for Citi, with investors weighing quarterly results that surpassed profit forecasts on an adjusted basis but included a…
Bank of America stock today: BAC steadies after earnings beat — the Fed is the next test

Bank of America stock today: BAC steadies after earnings beat — the Fed is the next test

New York, January 16, 2026, 11:24 EST — Regular session Bank of America Corp shares were up 0.2% at $52.71 in late morning trade on Friday, a modest bounce after a choppy reaction to the bank’s quarterly report earlier this week. The focus now is on rates, not the headline earnings beat. Investors are already looking toward the Federal Reserve’s…
Goldman Sachs stock dips after earnings beat and dividend hike as Fed meeting nears

Goldman Sachs stock dips after earnings beat and dividend hike as Fed meeting nears

New York, January 16, 2026, 11:14 EST — Regular session Goldman Sachs shares dipped on Friday, giving back part of the gains from the day before despite solid trading revenue. The stock slipped 0.9% to $967 by late morning, even as JPMorgan and Morgan Stanley edged slightly higher. The pullback is crucial as big banks push to assure investors that…
Australia mortgage shock: CBA and Macquarie lift fixed home loan rates ahead of RBA decision

Australia mortgage shock: CBA and Macquarie lift fixed home loan rates ahead of RBA decision

SYDNEY, Jan 17, 2026, 02:51 AEDT Commonwealth Bank of Australia (CBA) has increased fixed home loan rates by up to 0.70 percentage points, with its lowest owner-occupier fixed rate now at 5.79% for a two-year term. Macquarie Bank followed suit, hiking fixed rates across all terms. Meanwhile, National Australia Bank (NAB) offers the lowest headline fixed rate among the big…
16 January 2026
PNC stock rises premarket as earnings beat fuels buyback focus

PNC stock rises premarket as earnings beat fuels buyback focus

New York, Jan 16, 2026, 08:48 EST — Premarket Shares of PNC Financial Services Group gained 1.5% in premarket action Friday following a fourth-quarter earnings beat and an announcement of accelerated share buybacks. The stock was last indicated at $218.46. (Nasdaq) The results come at a sensitive time for bank stocks, as investors search for clues that net interest income—the…
Dow Jones futures edge higher as banks, chip rally keep Wall Street on its toes

Dow Jones futures edge higher as banks, chip rally keep Wall Street on its toes

New York, January 16, 2026, 05:56 EST — Premarket Dow futures edged up early Friday following a bank-driven rally that buoyed the blue-chip index the day before, leaving traders cautiously optimistic ahead of new U.S. data. The Dow Jones Industrial Average futures gained 65 points, or 0.13%, standing at 49,704. (Investing) The Dow jumped 292.81 points, or 0.60%, closing at…
ASX 200 hits 11-week high as banks rebound and tech rallies in Australia stock market

ASX 200 hits 11-week high as banks rebound and tech rallies in Australia stock market

Sydney, January 16, 2026, 21:56 AEDT — The market has closed. Australia’s top share index edged up Friday, boosted by gains in banks and tech stocks, while energy and materials took a hit. The S&P/ASX 200 finished 0.48% higher at 8,903.9, with the All Ordinaries rising 0.46%. Technology rallied 1.17%, and financials climbed 0.99%. Westpac jumped 1.8% to A$39.19, Macquarie…
16 January 2026
NatWest share price in focus: NWG ends higher after buyback update as UK banks ride GDP bounce

NatWest share price in focus: NWG ends higher after buyback update as UK banks ride GDP bounce

London, Jan 16, 2026, 07:54 GMT — Premarket NatWest Group Plc shares ended Thursday’s session 1.4% higher at 639 pence, positioning the stock for attention when London markets reopen Friday. (Yahoo Finance) The FTSE 100 hit a record closing high, boosted by a broad rally in UK financial stocks. Barclays, HSBC, and Lloyds all climbed, even as traders factored in…
HSBC stock price in focus as Singapore insurance review revives sale talk before London open

HSBC stock price in focus as Singapore insurance review revives sale talk before London open

London, Jan 16, 2026, 07:54 GMT — Premarket HSBC Holdings Plc announced a strategic review of its insurance operations in Singapore, spotlighting potential asset disposals just ahead of Friday’s London market open. Shares of HSBC listed in Hong Kong rose roughly 2% in early trading. (Reuters) A strategic review typically kicks things off. It might end with a sale, a…
NAB share price edges up as banks lift ASX into weekend; RBA and Q1 update in focus

NAB share price edges up as banks lift ASX into weekend; RBA and Q1 update in focus

SYDNEY, Jan 16, 2026, 17:24 AEDT — The market has closed. National Australia Bank Limited shares ended Friday 0.73% higher at A$42.67, capping off a stronger week for the stock. (MarketScreener UK) The S&P/ASX 200 climbed 0.48% to 8,903.9, led by a 1% gain in financials, while the earlier momentum in materials stocks eased off near the close. (CommBank) Why…
16 January 2026
Westpac share price jumps 1.8% — what investors are watching before the next ASX session

Westpac share price jumps 1.8% — what investors are watching before the next ASX session

Sydney, Jan 16, 2026, 17:27 AEDT — Market closed Westpac Banking Corp closed Friday’s session 1.82% higher at A$39.19, after swinging between A$38.35 and A$39.34. Around 3.81 million shares changed hands, data from Investing.com shows. (Investing) Since the Australian market is closed until Monday, attention now turns to rates. Bank stocks usually react to changes in interest-rate expectations, as these…
ANZ share price ends higher as banks lift ASX; CPI and RBA meeting loom

ANZ share price ends higher as banks lift ASX; CPI and RBA meeting loom

Sydney, January 16, 2026, 17:25 AEDT — Markets have closed. ANZ Group Holdings Ltd (ASX:ANZ) closed Friday up 0.54% at A$37.52, with buyers stepping back into bank shares to wrap the week. The stock fluctuated between A$37.25 and A$37.64, ending 20 cents higher than the previous close. (Intelligent Investor) Timing is crucial since big banks continue to dominate the Australian…
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Stock Market Today

  • Blue Bird (BLBD) seen undervalued by DCF despite multi-year rally
    January 17, 2026, 11:42 AM EST. Blue Bird (BLBD) trades around $49.03 after a multi-year rally. The stock has: 1.2% higher in the last week, 5.3% lower in 30 days, 4.9% higher year to date, and 19.7% over the past year. A Discounted Cash Flow model yields an intrinsic value of about $93.51 per share, implying the price is undervalued by about 47.6%. The model uses a 2-stage Free Cash Flow to Equity approach; latest twelve-month FCF is about $158.8 million, with forecasts ranging from $40.3 million in 2026 to $222.9 million in 2035. It also notes a valuation score of 6/6. In summary, the stock's current price sits well below the cash-flow-based fair value, suggesting upside if growth and capital-goods sentiment improve.
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