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Citigroup beats revenue estimate
Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength
Citigroup reported its fourth-quarter earnings Wednesday morning ahead of Wall Street's opening bell, beating estimates on the top and bottom lines and showing broad strength across the bank. Shares of the bank rose more than 3% in premarket trading.
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 investment banking fees.
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 Swings to a 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.
Citigroup shares rise as fourth-quarter earnings top estimates
Citigroup reported its fourth-quarter earnings Wednesday morning ahead of Wall Street's opening bell, beating estimates on the top and bottom lines. Shares of the bank rose more than 2% in premarket trading.
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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 ...
2h
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 ...
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Citigroup Soars as Fraser Plans to Buy Back $20 Billion of Stock
Citigroup Inc. said it will repurchase $20 billion worth of its stock in the coming years — unleashing billions of excess ...
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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 ...
2h
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, ...
2h
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, ...
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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 ...
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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 ...
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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 ...
18h
Citigroup Inc. stock underperforms Tuesday when compared to competitors despite daily gains
This was the stock's second consecutive day of gains.
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