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Citigroup stock climbs

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.

Seeking Alpha on MSN · 1d

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.

Kiplinger · 1d

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.

Zacks.com on MSN · 2d

Should You Consider Buying Citigroup Shares Ahead of Q4 Earnings?

Citigroup Inc. C is slated to report fourth-quarter 2024 results on Jan. 15, 2025, before market open. Among Citigroup’s close peers, JPMorgan JPM and Wells Fargo & Company WFC are also scheduled to announce quarterly numbers on Jan.

Citi cuts more jobs to reduce expenses

Reuters on MSN · 48m

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.

New York Post on MSN · 1h

Citigroup cutting more jobs to meet CEO’s expense goals despite strong quarter

Citigroup is cutting more jobs this week to meet CEO Jane Fraser’s expense goals, Bloomberg News reported Thursday, citing people familiar with the matter. 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,

Seeking Alpha on MSN · 2h

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

These Stocks Moved the Most Today: JPMorgan, Wells Fargo, Goldman, Citigroup, BlackRock, Quantum Computing, and More

Stocks held onto a rally Wednesday as core U.S. consumer price inflation was cooler than expected in December and some of the ...

23h

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 ...

Crain's New York1d

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 ...

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 ...

Stock Market Today: Dow, S&P 500 and Nasdaq edge higher after economic data; Bank of America and Morgan Stanley earnings see mixed reaction

Follow here to see if Wall Street can add to the big gains seen midweek after cooler inflation saw Treasury yields plunge, ...

16h

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 ...

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