Citigroup ( NYSE: C) stock gained 5.6% in Wednesday premarket trading after the megabank posted better-than-expected Q4 ...
Strong IB revenues, along with lower expenses, support C's Q4 earnings. However, a decline in deposit balance is a headwind.
Hello and welcome to Citi's fourth quarter 2024 earnings call. Today's call will be hosted by Jenn Landis, head of Citi ...
Citigroup operates as one of the largest financial institutions in the world, providing a broad range of financial services, ...
The U.S. bank posted revenue of $40.9 billion in the period. Its revenue net of interest expense was $19.58 billion, also surpassing Street forecasts. Seven analysts surveyed by Zacks expected $19.55 ...
Citigroup's Q4 earnings report showed a 12% YoY revenue increase, with positive operating leverage across all 5 businesses. Citi authorized a $20 billion share buyback program, equating to ~13% of ...
Strategists from Citi projected a brighter outlook for the fourth-quarter earnings season of 2024, anticipating results that may surpass the prevailing macroeconomic conditions.
Reports Q4 revenue $19.6B, consensus $19.51B. Reports Q4 CET1 capital ratio 13.6%. Reports Q4 ROCE 5.4%. Reports Q4 RoTCE 6.1%. Citi (C) CEO ...
Citi enjoyed a solid quarter, with a revenue beat driven by net interest income. The board approved a new $20 billion share buyback program.
Below are the earnings highlights for Citigroup Inc. (C): Earnings: $2.856 billion in Q4 vs. -$1.839 billion in the same period last ...
Citigroup surpassed Q4 profit estimates with robust trading and dealmaking activities, launching a $20 billion buyback ...
Investment banking revenue in the fourth quarter jumped 35% from a year earlier to US$8.8bn across the five US banks ...