Bank Stocks 3/3/09 March 3, 2009 - Citigroup

Today, 3/3/09, the bank stocks are higher in pre market as Citigroup will lower payments on some mortgages.

Banking Stock Update - March 3, 2009 - Pre Market


Citigroup ( C ) - $1.27 Up 5.84% - Citigroup to lower mortgage payments for some homeowners that are out of work.

Fifth Third Bancorp ( FITB ) - $1.87 Up 5.54% - FITB continues to shine over the past week despite banking weakness. They are expected to benefit from the bank stress test coming next month.

Bank of America ( BAC ) - $3.83 Up 5.24% - BofA's Lewis: Merrill TARP funds a 'tactical mistake'

Wells Fargo ( WFC ) - $11.47 Up 5.81% - John Najarian came on CNBC yesterday afternoon and said he expects to see WFC jump back into the mid - high teens when these bank stocks start to recover. He feels the sell off has been overdone.

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