A pioneer of both the credit card industry and automated teller machines, Citibank – formerly the City Bank of New York – was regarded as an East Coast equivalent to Wells Fargo during the 19th century when both banks were purely regional. With its expansion to Argentina in 1914, Citibank was also the first U.S. bank to open a banking office in a foreign country. Today, the bank has 700 branches in the U.S. and 170 in the rest of the world. The bank posted a full-year profit in 2019 of $8.04 per share. As a result, it was the best year for its stock since 1998.
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