Bank Stocks In News: National Bank of Greece (NYSE:NBG), Citigroup (NYSE:C), Barclays PLC (NYSE:BCS), Bank of America Corp (NYSE:BAC)

National Bank of Greece S.A. (NYSE:NBG) is trying to still manage a turnaround. If earnings are a barometer, then the bank could be on the way back up. National Bank of Greece (ADR) (NYSE:NBG) shares after opening at $5.68 moved to $5.79 on last trade day and at the end of the day closed at $5.76. Company price to sales ratio in past twelve months was calculated as 1.77 and price to cash ratio as 0.87. National Bank of Greece (ADR) (NYSE:NBG) showed a positive weekly performance of 9.30%.

Citigroup Inc. (NYSE:C) disclosed in February it had discovered at least $400 million in fraudulent loans in its Mexico subsidiary, Banco Nacional de Mexico, known as Banamex, and said employees may have been in on the crime. Citigroup Inc. (NYSE:C) shares advanced 0.92% in last trading session and ended the day on $48.24. C return on equity ratio is recorded as 8.60% and its return on assets is 0.90%. Citigroup Inc. (NYSE:C) yearly performance is 13.59%.

Robert Diamond, former head of Barclays Plc (NYSE:BCS), plans to sell corporate loans in sub-Saharan Africa to international investors through his new financial-services venture, Atlas Mara Co-Nvest Ltd. (ATMA). Barclays PLC (ADR) (NYSE:BCS) shares moved up 2.77% in last trading session and was closed at $16.33, while trading in range of $16.10 – $16.35. Barclays PLC (ADR) (NYSE:BCS) year to date (YTD) performance is -8.72%.

A federal judge on Monday recommended letting the U.S. Securities and Exchange Commission pursue a lawsuit against Bank of America Corp (NYSE:BAC) over $855 million of mortgage securities that soured during the global financial crisis. Bank of America Corp (NYSE:BAC) weekly performance is 0.29%. On last trading day company shares ended up $17.23. Bank of America Corp (NYSE:BAC) distance from 50-day simple moving average (SMA50) is 2.51%. Analysts mean target price for the company is $17.58.

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