Citigroup stock climbs
Citi Shares Jump on Earnings Beat, Stock Buyback Plan
Citigroup said its board of directors authorized a new multiyear $20 billion stock buyback program that will begin in the first quarter of 2025, helping to trigger a surge in the share price. CFO Mark Mason said the planned buyback reflects confidence in the bank’s strategy.
Fourth-quarter earnings at JPMorgan Chase, Wells Fargo, Goldman Sachs, and Citigroup beat analysts’ estimates.
Citigroup exceeded expectations in Q4 2024, driven by strong business performance.
The bank unveiled stronger-than-expected results for the fourth quarter, in which revenue rose across all five of its main ...
Citigroup Inc. said it expects full-year 2025 revenue of $83.5 billion to $84.5 billion amid a healthier deal environment. The projection is ahead of the current FactSet consensus estimate for 2025 ...
During the quarter, Citi (C)group returned a total of $2.1B to common shareholders in the form of dividends and share repurchases, the company ...
Atlassian ( TEAM 2.01%) stock enjoyed a modest price bump of 1.7% through 11:30 a.m. ET Wednesday after earlier enjoying a ...
Follow here to see if Wall Street can add to the big gains seen midweek after cooler inflation saw Treasury yields plunge, ...
Morgan Stanley analyst Betsy Graseck maintained a Buy rating on Citigroup (C – Research Report) today and set a price target of $109.00. The ...
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