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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 Q4 Earnings Beat, Revenues Match Estimates, Stock Up
Citigroup Inc.’s C fourth-quarter 2024 adjusted net income per share of $1.34 surpassed the Zacks Consensus Estimate of $1.25. The company had incurred a loss of $1.16 in the fourth quarter of 2023. For 2024,
Citigroup beats Q4 profit, revenue, announces $20 bln share buyback
Citigroup on Wednesday reported stronger-than-expected fourth-quarter profit and revenue, while authorizing a $20 billion share buyback program, sending its shares by more than 2% before the bell. The bank posted a net income of $2.
1h
on MSN
These Stocks Are Moving the Most Today: JPMorgan, Wells Fargo, Goldman, Citigroup, BlackRock, Quantum Computing, and More
Fourth-quarter earnings at JPMorgan Chase, Wells Fargo, Goldman Sachs, and Citigroup beat analysts’ estimates.
4h
on MSN
Wells Fargo, Goldman Sachs, and Citigroup Are All Soaring. Here's Why.
The stock market was having a strong day on Wednesday, with the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ...
Crain's New York
1h
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 ...
7h
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 ...
3h
on MSN
Citigroup Cost Cuts Push Q4 EPS Higher
Citigroup exceeded expectations in Q4 2024, driven by strong business performance.
7h
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, ...
7h
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, ...
7h
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 ...
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 ...
cnbctv18
7h
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
Bank Stocks Head to Best Day Since November on Earnings
On Wednesday, three of the four largest U.S. banks—JPMorgan Chase, Wells Fargo, and Citigroup—will report their earnings for ...
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