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Citigroup stock climbs
Citigroup stock climbs after posting Q4 earnings beat; announces $20B stock buyback
Citigroup (NYSE:C) stock gained 5.6% in Wednesday premarket trading after the megabank posted better-than-expected Q4 results and approved a $20B stock buyback program. Furthermore, the company expects its net interest income to rise in 2025.
Citigroup Stock Jumps on Earnings, $20 Billion Stock Buyback News
Citigroup stock is soaring Wednesday after the big bank topped earnings expectations and unveiled a massive stock buyback program. Here's why that's important.
Citi Swings to a Profit and Announces $20B Stock Buyback
Citigroup (C) reported fourth-quarter results that exceeded expectations, sending shares higher in pre-market trading Wednesday. Citi's net income for the fourth quarter was $2.86 billion, up from a loss of $1.
Citi Reports Strong Earnings Across the Board, Announces $20B Buy Back
Citigroup reported stronger-than-expected Q4 results, with revenue rising across all main business lines and net income beating estimates. Citi will also buy back $20 billion in stock. The bank reported earnings of $1.
Citi Announces $20B Buyback
Citigroup Inc. lowered a crucial profitability target central to Chief Executive Officer Jane Fraser's plan to turn around the bank, but offered investors a sweetener in the form of share buybacks. Bloomberg's Todd Gillespie has the story.
Citigroup axes more jobs
Citigroup Cost Cuts Push Q4 EPS Higher
Citigroup exceeded expectations in Q4 2024, driven by strong business performance.
Citigroup axes more jobs as part of ongoing cost-cutting plan
Citigroup is cutting more jobs this week after going through an overhaul last year, a spokesperson for the lender said on Thursday, as a part of the sweeping reorganization under Chief Executive Officer Jane Fraser to cut costs.
Citigroup cutting more jobs to meet CEO’s expense goals despite strong quarter
Citigroup is cutting more jobs this week to meet CEO Jane Fraser’s expense goals, Bloomberg News reported Thursday, citing people familiar with the matter. Managing directors in the wealth and technology units are leaving the firm and Citi is also axing people from a team that compiles data and analysis on the bank’s clients,
1d
Morgan Stanley Remains a Buy on Citigroup (C)
Morgan Stanley analyst Betsy Graseck maintained a Buy rating on Citigroup (C – Research Report) today and set a price target of $109.00. The ...
17m
on MSN
Citi initiates coverage on Aadhar Housing Finance stock with ’buy’ rating, sees 42% upside
Citi Research has initiated coverage on Aadhar Housing Finance with a ’buy’ rating and a target price of ₹565, indicating a ...
2d
Citi and Schwab could be standout names this year — for different reasons
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 ...
2h
on MSN
US stocks surge to cap off the best week since the November election
The S&P 500 gained 1% on Friday, capping off the last trading day of Biden's presidency and marking the best week since the ...
3d
on MSN
Is Citigroup Inc. (C) the Best Safe Dividend Stock for 2025?
We recently published a list of 12 Best Safe Dividend Stocks for 2025. In this article, we are going to take a look at where ...
Seeking Alpha on MSN
11d
Citi’s themes: top stocks in AI, leisure, fin-tech, video gaming, etc. vs. their SA Quant ratings
Within growth stocks, their top themes include AI, digital leisure, fin-tech, video gaming, wearable technology, agricultural ...
2d
on MSN
These Stocks Are Moving the Most Today: JPMorgan, Wells Fargo, Goldman, Citigroup, BlackRock, Quantum Computing, and More
JPMorgan Chase, Wells Fargo, Goldman Sachs, and Citigroup are scheduled to report fourth-quarter earnings Wednesday.
5h
Why Cloudflare Stock Is Soaring Today
The recent Consumer Price Index (CPI) data released Wednesday is also likely helping lift Cloudflare's stock. Cloudflare is a ...
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