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Citigroup, Buy Back
Citigroup’s $20 Billion Buyback Plan Signals Strength: What Investors Need to Know
Citigroup initiated a major transformation plan in 2024 in an effort to unlock value and drive higher returns. Management backed that initiative up by announcing a new $20 billion stock buyback program.
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 capital the bank had been keeping on hand in order to meet a key ask from shareholders.
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.
Citigroup beats revenue estimate
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. Trading desks at the banks benefited from a banner year in U.
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.
Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength
Citigroup posted fourth-quarter net income of $2.86 billion, an improvement from a net loss of $1.84 billion a year ago. Last year, Citi's results were weighed down by charges it booked in the final period of 2023,
19h
Citigroup 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, ...
18h
Citigroup (C) Q4 2024 Earnings Call Transcript
Hello and welcome to Citi's fourth quarter 2024 earnings call. Today's call will be hosted by Jenn Landis, head of Citi ...
4h
Citigroup (C) Gets a Buy from Truist Financial
In a report released today, John McDonald CFA from Truist Financial assigned a Buy rating to Citigroup (C – Research Report). The company’s ...
1h
Southwest’s valuation is out of whack, Citi says in new ‘sell’ call
Southwest Airlines’ stock was falling Thursday, after Citigroup downgraded the stock to sell from neutral, arguing that the ...
19h
on 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 ...
5h
BofA Profit Jumps on Investment Banking, Trading Boost
BofA's investment banking fees jumped 44% to $1.7 billion in the fourth quarter, compared with a year earlier. Across the ...
23h
on MSN
Citigroup Cost Cuts Push Q4 EPS Higher
Citigroup exceeded expectations in Q4 2024, driven by strong business performance.
1d
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 ...
3d
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 ...
51m
on MSN
Citigroup faces spiraling £1 billion bill on London HQ overhaul with multi-level garden and mini villages to tempt staff back to the office
The bank's outlay is 10-times higher than original reports, and means it has spent nearly as much on renovations as it did ...
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