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.
Citigroup Sees 10% Gain for Indian Stocks in 2025 on Earnings
Citigroup Inc. is anticipating a 10th straight year of gains for India’s $5 trillion stock market, driven by a recovery in economic growth as well as robust corporate earnings.
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.
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.
Should You Consider Buying Citigroup Shares Ahead of Q4 Earnings?
Citigroup Inc. C is slated to report fourth-quarter 2024 results on Jan. 15, 2025, before market open. Among Citigroup’s close peers, JPMorgan JPM and Wells Fargo & Company WFC are also scheduled to announce quarterly numbers on Jan.
These Stocks Moved the Most Today: JPMorgan, Wells Fargo, Goldman, Citigroup, BlackRock, Quantum Computing, and More
Stocks held onto a rally Wednesday as core U.S. consumer price inflation was cooler than expected in December and some of the ...
Citigroup 2025 revenue outlook tops analyst view, while stock buybacks rise
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 ...
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Citigroup soars as Fraser plans $20M 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 ...
Citigroup Cost Cuts Push Q4 EPS Higher
Citigroup exceeded expectations in Q4 2024, driven by strong business performance.
Citigroup projects full-year returns to climb
Citigroup Inc.'s Chief Executive Jane Fraser said the bank expects to report return on tangible common equity, or ROTCE of 10% to 11% in 2025, but she's working to push it higher. "This level is a ...
Citi says buy these stocks in '25; SA Quant Ratings says maybe not
Citi analysts shared a list of their “most preferred stocks” for 2025. These are “buy” rated stocks they believe investors ...
Citigroup Posts Upbeat Results, Joins Goldman Sachs, Wells Fargo, Bank of New York Mellon And Other Big Stocks Moving Higher On Wednesday
U.S. stocks were higher, with the Dow Jones index gaining over 650 points on Wednesday. Shares of Citigroup Inc. C rose ...
Why Atlassian Stock Popped on Wednesday
Atlassian ( TEAM 2.01%) stock enjoyed a modest price bump of 1.7% through 11:30 a.m. ET Wednesday after earlier enjoying a ...
Citi says some Muddy Waters short FTAI Aviation arguments ‘hard to understand’
After Muddy Waters Research released a short report today alleging that FTAI Aviation (FTAI) has been deceptive about its accounting practices, ...
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 ...