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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.
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 business lines.
Citigroup 2025 revenue outlook tops analyst view, while stock buybacks rise
Citigroup Inc. said it expects full-year 2025 revenue of $83.5 billion to $84.5 billion amid a healthier deal environment. The projection is ahead of the current FactSet consensus estimate for 2025 revenue of $83.
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 ...
23h
on MSN
Citigroup Cost Cuts Push Q4 EPS Higher
Citigroup exceeded expectations in Q4 2024, driven by strong business performance.
1d
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 ...
1d
Citi’s top small-cap stock picks for 2025
The broker released its best investment ideas for the smaller end of the sharemarket this year, which includes a retailer, a ...
23h
on MSN
Why Atlassian Stock Popped on Wednesday
Atlassian ( TEAM 2.01%) stock enjoyed a modest price bump of 1.7% through 11:30 a.m. ET Wednesday after earlier enjoying a ...
18h
on MSN
Stock market today: Wall Street rips higher after inflation data and strong bank profits
World stocks are mixed follow Wall Street’s mostly positive performance ahead of key U.S. inflation data that could influence ...
1d
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 ...
3h
Stock Market Today: Dow, S&P 500 and Nasdaq edge higher after economic data; Bank of America and Morgan Stanley earnings see mixed reaction
Follow here to see if Wall Street can add to the big gains seen midweek after cooler inflation saw Treasury yields plunge, ...
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