
When it comes to earnings season, few sectors matter as much as the financial sector. Considering that banks, both commercial and investment banks, hold the bulk of data on consumer and business activity, it is essential for investors to monitor what is being reported and its implications for the broader United States economy, as well as the average consumer.
This time around, Citigroup Inc. (NYSE: C) is reporting its business figures and other key metrics for the recent quarter, which matters because this is one of the largest commercial banks in the United States, with a significant footprint in the investment banking business as well.