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Citigroup, Buy Back
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.
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 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.
Citigroup is slated to report fourth quarter earnings before the bell
Growth in investment banking and equity markets revenue helped drive a better-than-expected report for Citi in the third quarter, and those could be sources of strength again in the fourth quarter. Citi's stock was a strong performer in 2024,
JPMorgan Chase, Citigroup and Wells Fargo
These Stocks Are Moving the Most Today: JPMorgan, Wells Fargo, Goldman, Citigroup, BlackRock, D-Wave Quantum, and More
Stock futures rose Wednesday as core U.S. consumer price inflation was cooler than expected in December and as some of the nation’s largest banks issued better-than-expected quarterly earnings.These stocks were poised to make moves Wednesday:JPMorgan Chase was up 1.
Bank earnings: JPMorgan, Wells Fargo, Goldman Sachs, Citigroup set to report
JPMorgan, Wells Fargo, Goldman Sachs and Citi kick off earnings season on Wednesday with their December-quarter results.
Three Things to Watch as JPMorgan Chase, Goldman Sachs and Other Banks Report Earnings
Big banks including JPMorgan Chase and Goldman Sachs start reporting their fourth-quarter earnings today. Here are three things to eye in the results: 1\. Revenues from investment banking and trading Donald Trump’s prospective return to the White House sparked hopes of a boom on Wall Street.
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Citigroup Aims to Scale Up Wealth Unit
Citigroup’s wealth management unit reported improved results for the fourth quarter, with net income rising to $334 million ...
23m
Trading Activity Surged at Wall Street Banks
This is a good time to be a trader. Revenue from big Wall Street desks dealing in stocks, bonds and other instruments surged ...
1h
Citigroup Turns To Profit In Q4, Revenue Up 12%; Issues 2025 Guidance
Citigroup (C) reported fourth quarter net income of $2.9 billion, compared to a net loss of $1.8 billion in the prior-year period, ...
1h
Citigroup Stock Jumps as Earnings Top Wall Street Forecasts
Citigroup reported earnings of $1.34 per share for the fourth quarter, surpassing Wall Street estimates of $1.22. A year ago, ...
2d
Citigroup: Moving To The Sidelines Ahead Of Q4 Earnings (Ratings Downgrade)
Citigroup's Q4 earnings will be closely watched, particularly its total expenses and credit quality, as it aims to streamline ...
2h
Citigroup shares rise as fourth-quarter earnings top estimates
Citigroup reported its fourth-quarter earnings Wednesday morning ahead of Wall Street's opening bell, beating estimates on ...
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1h
Citigroup rolls back profit target halfway through Fraser’s revamp
The lender now expects return on tangible common equity to be between 10% and 11% by the end of next year, according to a ...
1h
Citigroup Inc. Q4 Earnings Summary
Below are the earnings highlights for Citigroup Inc. (C): Earnings: $2.856 billion in Q4 vs. -$1.839 billion in the same period last ...
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Citigroup Q4 Results: Lender beats profit estimates on trading strength, but cuts return targets after 'critical' year
Citigroup exceeded fourth-quarter profit estimates, buoyed by trading and dealmaking, and launched a $20 billion buyback ...
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