Citigroup (NYSE: C) shares are up around 2 percent Thursday heading into the bank's Q1 report on Friday morning.

Consensus estimates peg Citi reporting EPS of $1.03 on revenue of $17.46 billion, from EPS of $1.52 and revenue of $19.7 billion posted in the same period last year.

Earlier this morning, Wells Fargo reported Q1 EPS of $0.99, versus the analyst estimate of $0.98, and Bank of America reported a adjusted EPS of $0.20, compared to expectations of $0.21.

Yesterday, JPMorgan posted Q1 EPS of $1.41, topping expectations calling for $1.26.