(Updated with final stock price moves throughout.) NEW YORK ( TheStreet) -- Financial stocks finished mixed Monday, with Citigroup ( C) among the losers after the bank said it completed an exchange of preferred stock for common shares. Citigroup said about $20.3 billion of publicly held convertible and non-convertible preferred and trust preferred securities were validly tendered in exchange for common stock. Citigroup said Sunday this represents 99% of the value of the securities it was offering to exchange. The bank will issue 5.83 billion common shares to the public exchange offer participants. Citigroup said on Thursday it completed a $12.5 billion exchange that swapped preferred securities held by private debt holders for interim securities and warrants that will eventually be converted into common stock. The government carried out a separate exchange, swapping $12.5 billion of its preferred shares in the bank for securities and warrants as well. Citi shares retraced some of their earlier losses but ultimately finished down 4 cents, or 1.5%, to $2.69. Among other bank stocks, Bank of America ( BAC) climbed 4.6% to $13.09, Wells Fargo ( WFC) was higher by 3.2% to close at $24.22, and JPMorgan Chase ( JPM) shares tacked on 0.6% to $38.13. On the other hand, Goldman Sachs ( GS) fell 0.5% to end the day at $163.87, while Morgan Stanley ( MS) slipped 0.7% to $28.05. On the earnings front, Bank of Hawaii ( BOH), PrivateBancorp ( PVTB) and Old National Bancorp ( ONB) all reported quarterly results that exceeded the Thomson Reuters average estimate for earnings per share. In its second-quarter report, Bank of Hawaii said it earned 65 cents a share, a nickel better than the Thomson Reuters average estimate. PrivateBancorp surprised analysts with earnings of 6 cents a share. Analysts had forecasted a loss of 5 cents a share. Meanwhile, Old National posted second-quarter earnings of 15 cents a share, 9 cents better than estimates.