citi profit - Search News

Hosted on MSN · 2d

Citi beats profit on trading strength, but cuts return targets after 'critical' year

Citigroup beat estimates for fourth-quarter profit, fueled by strength in trading and dealmaking, and announced a $20 billion buyback program as it cut a closely watched return target. Shares of the third-largest U.

MarketWatch · 2d

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.

NBC New York · 2d

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,

Citi cuts return targets to spend more on regulatory fixes, plans $20 billion in buybacks

Citigroup cut its closely watched profitability target in 2026 as it tackles rising regulatory expenses and, at the same time, announced a $20 billion share buyback program.

2don MSN

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.

2d

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 ...

1d

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.

Stocktwits on MSN1d

Citi Stock Rises After Q4 Profit Beat, Fresh $20 Billion Share Buyback Plan: Retail Elated

Citigroup shares rose more than 6% on Wednesday after the bank topped Wall Street estimates for fourth-quarter profit on ...

20h

Citi Outperforms Analyst Expectations With 12% Revenue Growth, Confirms $20 Billion Buyback Plan

Citi enjoyed a solid quarter, with a revenue beat driven by net interest income. The board approved a new $20 billion share buyback program.

1d

Bank of America’s Profit More Than Doubles, Tops Wall Street Forecasts

Bank of America made $6.7 billion of profit in the fourth quarter of 2024, more than doubling earnings from a year earlier ...

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