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Citi, Stock Buyback
Citi Swings to a Profit and Announces $20B Stock Buyback
Citigroup reported fourth-quarter results that exceeded expectations, sending shares higher in pre-market trading Wednesday.
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 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.
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 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 revenue of $83.
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.
1d
on MSN
Citi’s Co-Chief Information Officer to Depart in Bank’s Latest Shuffle
Shadman Zafar, Citi’s co-chief information officer who has been key to leading artificial intelligence efforts, is leading ...
16h
on MSN
Cisco sees positive catalyst watch at Citi ahead of earnings
Citi opened an upside 30-Day Catalyst Watch on Cisco Systems (NASDAQ:CSCO), expiring on Feb. 16. Analysts Atif Malik said ...
Tuko
1h
Viral this week: Kenyans Laud Citi Hoppa Driver Who Tried to Block Tanzanian Activist’s Abductors
Kenyans laud Citi Hoppa driver who attempted to block Tanzanian activist’s abductors. Joyce Ongombe's only surviving daughter ...
15h
Citi Double Cash: Credit Score Requirements and Approval Tips
Learn what credit score you need to qualify for the Citi Double Cash card and discover tips to boost your approval chances.
12h
Elon Musk buying Intel could be ‘poor outcome,’ says Citi
Citi says Elon Musk was reportedly mentioned as a potential buyer of Intel (INTC) behind the paywall of SemiAccurate, the website that broke ...
2d
Citi beats earnings expectations, cuts profitability target
The megabank reported achievements in several areas, but lowered its 2026 expectations for a profitability metric that ...
2d
Citi’s Banamex IPO May Stretch Into 2026
Citigroup Inc.’s effort to list its Mexican retail banking operations may stretch into 2026 as it navigates a rocky market, ...
The Points Guy on MSN
3d
What I’m looking forward to seeing in Citi’s upcoming premium credit card
The successor to the Citi Prestige, dubbed the Citi Strata Elite, could be released in 2025. Here's what I want to see from ...
1d
Citi deploys AI coding tools to 30K developers in modernization push
Citigroup armed 30,000 developers with generative AI coding tools as part of an ongoing modernization push, CEO Jane Fraser ...
2d
Citi cuts return targets to spend more on regulatory fixes, plans $20 billion in buybacks
Citigroup cut its closely watched profitability target in 2026 as it tackles rising regulatory expenses and, at the same time ...
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