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Citigroup beats revenue estimate

Wall Street Journal · 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 including equity markets and investment banking. Some key numbers: Net income came in at $2.

Hosted on MSN · 2d

Citi Swings to a Profit and Announces $20B Stock Buyback

Citigroup (C) reported fourth-quarter results that exceeded expectations, sending shares higher in pre-market trading Wednesday. Citi's net income for the fourth quarter was $2.86 billion, up from a loss of $1.

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.

Citi cuts more jobs to reduce expenses

New York Post on MSN · 23h

Citigroup cutting more jobs to meet CEO’s expense goals despite strong quarter

Managing directors in the wealth and technology units are leaving the firm and Citi is also axing people from a team that compiles data and analysis on the bank’s clients, Bloomberg reported.

Citigroup axes more jobs as part of ongoing cost-cutting plan

Citigroup is cutting more jobs this week after going through an overhaul last year, a spokesperson for the lender said on Thursday, as a part of the sweeping reorganization under Chief Executive Officer Jane Fraser to cut costs.

Seeking Alpha on MSN · 23h

Citi cuts more jobs to reduce expenses: report

Banking giant Citigroup (NYSE:C) eliminated more jobs this week, with managing directors in the wealth business and technology unit leaving the bank, Bloomberg reported on Thursday, citing people familiar with the matter.

2d

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 ...

Money Morning1d

Citigroup’s $20 Billion Buyback Plan Signals Strength: What Investors Need to Know

Citigroup initiated a major transformation plan in 2024 in an effort to unlock value and drive higher returns. Management ...

2don MSN

These Stocks Are Moving the Most Today: JPMorgan, Wells Fargo, Goldman, Citigroup, BlackRock, Quantum Computing, and More

Fourth-quarter earnings at JPMorgan Chase, Wells Fargo, Goldman Sachs, and Citigroup beat analysts’ estimates.

2don MSN

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 ...

2don MSN

Citigroup Cost Cuts Push Q4 EPS Higher

Citigroup exceeded expectations in Q4 2024, driven by strong business performance.

1d

Morgan Stanley Remains a Buy on Citigroup (C)

Morgan Stanley analyst Betsy Graseck maintained a Buy rating on Citigroup (C – Research Report) today and set a price target of $109.00. The ...

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.

3hon MSN

MercadoLibre, Inc. (MELI): Why Are Hedge Funds Bullish On This Revenue Growth Stock?

We recently compiled a list of the 10 Best Revenue Growth Stocks to Buy According to Hedge Funds. In this article, we are ...

22h

Citi ups CrowdStrike target, opens ‘negative catalyst watch’

Citi analyst Fatima Boolani raised the firm’s price target on CrowdStrike (CRWD) to $420 from $400 and keeps a Buy rating on the shares. The ...

1h

Why Cloudflare Stock Is Soaring Today

The recent Consumer Price Index (CPI) data released Wednesday is also likely helping lift Cloudflare's stock. Cloudflare is a ...

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