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Citigroup beats revenue estimate

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.

Hosted on MSN · 2d

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.

MarketWatch · 2d

Citigroup beats revenue estimate as it swings to a profit

Citigroup Inc. said its fourth-quarter revenue rose 12% to $19.58 billion, which topped the FactSet consensus estimate of $19.51 billion. The bank swung to a fourth-quarter profit of $1.34 a share against a year-ago loss of $1.

Citi cuts more jobs to reduce expenses

New York Post on MSN · 22h

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 compiles data and analysis on the bank’s clients, Bloomberg reported.

Reuters · 3h

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.

Seeking Alpha on MSN · 23h

Citi cuts more jobs to reduce expenses: report

Banking giant Citigroup (NYSE:C) eliminated more jobs this week, with managing directors in the wealth business and technology unit leaving the bank, Bloomberg reported on Thursday, citing people familiar with the matter.

1don MSN

Is Citigroup (C) the Best Bank Stock to Buy in 2025?

We recently published a list of 10 Best Bank Stocks to Buy in 2025. In this article, we are going to take a look at where ...

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 ...

2don MSN

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 ...

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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 ...

2don MSN

Citigroup Cost Cuts Push Q4 EPS Higher

Citigroup exceeded expectations in Q4 2024, driven by strong business performance.

21h

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 ...

Crain's New York1d

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 ...

2don 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.

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