Citi Shares Jump on Earnings Beat, Stock Buyback Plan
Citigroup said its board of directors authorized a new multiyear $20 billion stock buyback program that will begin in the first quarter of 2025, helping to trigger a surge in the share price. CFO Mark Mason said the planned buyback reflects confidence in the bank’s strategy.
Stocks held onto a rally Wednesday as core U.S. consumer price inflation was cooler than expected in December and some of the ...
Citigroup’s fourth-quarter results just landed. The bank swung to a profit, boosted by stronger revenue in divisions ...
Citigroup exceeded expectations in Q4 2024, driven by strong business performance.
Follow live coverage of Wells Fargo, JPMorgan Chase, Citigroup, Goldman Sachs, Bank of America, Morgan Stanley, and BlackRock ...
Citigroup Inc. said it expects full-year 2025 revenue of $83.5 billion to $84.5 billion amid a healthier deal environment. The projection is ahead of the current FactSet consensus estimate for 2025 ...
The bank unveiled stronger-than-expected results for the fourth quarter, in which revenue rose across all five of its main ...
Citigroup initiated a major transformation plan in 2024 in an effort to unlock value and drive higher returns. Management ...
As we head into earnings season, investors are wondering if 2025 might be another excellent year for bank stocks. Citigroup and Charles Schwab appear to be compelling names at this point in the ...
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