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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,
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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 ...
2h
Citigroup swings to profit on trading strength, surging deals
Citigroup swung to a profit in the fourth quarter, fueled by strength in trading and a recovery in dealmaking that drove up ...
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 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 ...
6h
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.
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 ...
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, ...
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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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 ...
17h
Citigroup Inc. stock underperforms Tuesday when compared to competitors despite daily gains
This was the stock's second consecutive day of gains.
1h
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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