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Citigroup stock climbs
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.
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.
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.
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.
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on MSN
These Stocks Are Moving 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
Citi and Schwab could be standout names this year — for different reasons
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 ...
4h
Dow Jones Today: Stocks Surge, Treasury Yields Slide After Soft CPI Data Boosts Rate-Cut Hopes; Banks Rise on Strong Earnings
Stocks soared Wednesday as investors digested strong earnings reports from several large financial services companies and ...
3h
Bank Stocks Head to Best Day Since November on Earnings
On Wednesday, three of the four largest U.S. banks—JPMorgan Chase, Wells Fargo, and Citigroup—will report their earnings for ...
Crain's New York
2h
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 ...
1d
Citigroup Inc. stock underperforms Tuesday when compared to competitors despite daily gains
This was the stock's second consecutive day of gains.
1d
on MSN
Is Citigroup Inc. (C) the Best Safe Dividend Stock for 2025?
We recently published a list of 12 Best Safe Dividend Stocks for 2025. In this article, we are going to take a look at where ...
1d
on MSN
Stock market today: Indexes mixed as investors brace for a critical inflation report
Investors are gearing up for December's crucial consumer price index to determine the direction of Fed policy.
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