Here! Have $81 Trillion, on the house

[Hawkwin]

@buynholdisdead

Are you invested in Citi?

::chuckle::

Kingran: “Everyone knows how much I love ‘Citi’”

The oncoming bank buyback

The excess cash has grown from May 2024, in the meantime the banks have paid dividends, bought back more shares… and still excess cash has grown. [image] USB is leveraged to lower interest rate, and so far they have not done buybacks, and they are in the process of digesting an M&A, They could start buyback. TFC, leveraged to loan growth, they can buyback 300 million shares and fund 10% loan growth, so much capacity they have; Everyone knows how much I love ‘Citi’, & my thesis on WFC [ima…