Citi Stock Jumps After Bank Swings to Profit
Citigroup’s fourth-quarter results just landed. The bank swung to a profit, boosted by stronger revenue in divisions including equity markets and investment banking. Some key numbers: Net income came in at $2.
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 soars as Fraser plans to buy back $20B of stock
The bank unveiled stronger-than-expected results for the fourth quarter, in which revenue rose across all five of its main business lines.
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.
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 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 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.
Is Citigroup (C) the Cheap Value Stock to Invest in According to Warren Buffett?
We recently published a list of 10 Cheap Value Stocks to Invest in According to Warren Buffett. In this article, we are going ...
Citigroup cutting more jobs to meet CEO’s expense goals despite strong quarter
Managing directors in the wealth and technology units are leaving the firm and Citi is also axing people from a team that ...
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 ...
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 ...
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 ...
Citigroup Cost Cuts Push Q4 EPS Higher
Citigroup exceeded expectations in Q4 2024, driven by strong business performance.
Citi ups CrowdStrike target, opens ‘negative catalyst watch’
Citi analyst Fatima Boolani raised the firm’s price target on CrowdStrike (CRWD) to $420 from $400 and keeps a Buy rating on the shares. The ...
MarketWatch on MSN1d
Southwest’s valuation is out of whack, Citi says in new ‘sell’ call
Southwest Airlines’ stock was falling Thursday, after Citigroup downgraded the stock to sell from neutral, arguing that the ...