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Hosted on MSN · 3d

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 · 3d

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 · 3d

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,

Hosted on MSN · 3d

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. Citigroup beat estimates for fourth-quarter profit,

5d

Big Bank earnings coming up: Citi, JPMorgan, Goldman, BofA

JPMorgan Chase (JPM), Goldman Sachs (GS), and Wells Fargo (WFC) report on Wednesday, while Bank of America (BAC) and Morgan ...

8d

Citi expects rally in global stocks to extend into 2025, sees 10% EPS growth

Citigroup said on Friday it was expecting a rally in global equities to extend into 2025, as falling interest rates and ...

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