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.
Morgan Stanley analyst Betsy Graseck maintained a Buy rating on Citigroup (C – Research Report) today and set a price target of $109.00. The ...
JPMorgan Chase, Wells Fargo, Goldman Sachs, and Citigroup are scheduled to report fourth-quarter earnings Wednesday.
The bank unveiled stronger-than-expected results for the fourth quarter, in which revenue rose across all five of its main ...
Managing directors in the wealth and technology units are leaving the firm and Citi is also axing people from a team that ...
Citigroup’s fourth-quarter results just landed. The bank swung to a profit, boosted by stronger revenue in divisions ...
Follow here to see if Wall Street can add to the big gains seen midweek after cooler inflation saw Treasury yields plunge, ...
Mainly from loan and deposit growth; benefit from securities in Citi’s (C) investment portfolio repricing into higher yielding assets; ...
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