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.
Fourth-quarter earnings at JPMorgan Chase, Wells Fargo, Goldman Sachs, and Citigroup beat analysts’ estimates.
Citigroup’s fourth-quarter results just landed. The bank swung to a profit, boosted by stronger revenue in divisions ...
Citigroup exceeded expectations in Q4 2024, driven by strong business performance.
Follow live coverage of Wells Fargo, JPMorgan Chase, Citigroup, Goldman Sachs, Bank of America, Morgan Stanley, and BlackRock ...
The bank unveiled stronger-than-expected results for the fourth quarter, in which revenue rose across all five of its main ...
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 ...
Atlassian ( TEAM 2.01%) stock enjoyed a modest price bump of 1.7% through 11:30 a.m. ET Wednesday after earlier enjoying a ...
U.S. stocks were higher, with the Dow Jones index gaining over 650 points on Wednesday. Shares of Citigroup Inc. C rose ...
Mainly from loan and deposit growth; benefit from securities in Citi’s (C) investment portfolio repricing into higher yielding assets; ...
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