Citi cuts return targets to spend more on regulatory fixes, plans $20 billion in buybacks
Shares of the third-largest U.S. lender were last up 5% in premarket trading on Wednesday after Citigroup said its board has ...
Citi beats profit on trading strength, but cuts return targets after 'critical' year
Shares of the third-largest U.S. lender were last up 5% in premarket trading on Wednesday after Citigroup said its board has ...
Citi authorizes $20B common stock repurchase program
During the quarter, Citi (C)group returned a total of $2.1B to common shareholders in the form of dividends and share repurchases, the company ...
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.
Bank earnings: JPMorgan, Wells Fargo, Goldman Sachs post beats, and Citi swings to a profit
JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.
Citi reports Q4 EPS $1.34, consensus $1.24
Reports Q4 revenue $19.6B, consensus $19.51B. Reports Q4 CET1 capital ratio 13.6%. Reports Q4 ROCE 5.4%. Reports Q4 RoTCE 6.1%. Citi (C) CEO ...
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 ...
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 ...
Wall Street banks JP Morgan, Goldman Sachs post fat profits amid Trump ‘bump’
JPMorgan saw its net profits rise to a record $58.5 billion from $49.6 billion in 2023, while Goldman Sachs reported profits ...
US Bank Profits Rise As Wall Street Hopes For Merger Boom
Large US banks reported soaring profits Wednesday propelled by strength in trading and financial advisory services as Wall Street eyes a potential merger boom under the incoming Trump administration.