citi profit - Search News

Citi beats profit on trading strength

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 · 22h

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 · 1d

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,

Reuters · 1d

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.

1don 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.

22h

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 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 ...

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.

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 ...

1don MSN

Citigroup Swings to Profit on Trading Strength, Surging Deals

Wall Street's dealmakers have also cashed in on a revival in mergers, acquisitions and initial public offerings after an ...

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 ...

21h

Goldman Sachs Earnings: Profit Surges, Powered by Investment Banking

Goldman Sachs said its profit more than doubled in the fourth quarter, boosted by companies’ growing appetite for dealmaking.

JPMorgan Chase blasts past earnings estimate and stock moves into record territory

JPMorgan Chase & Co. finished off 2024 with a profit that beat analyst estimates as the U.S.'s largest bank reported fourth-quarter earnings of $4.81 a share, well ahead of the FactSet consensus ...

23h

Big Banks Kick Off Earnings. Wall Street Braces for Profit Surge.

The biggest banks in the U.S. are expected to report this week that they drove far higher profits in the fourth quarter than ...

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