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 · 20h

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.

Business Insider · 1d

Citigroup Turns To Profit In Q4, Revenue Up 12%; Issues 2025 Guidance

Citigroup (C) reported fourth quarter net income of $2.9 billion, compared to a net loss of $1.8 billion in the prior-year period,

Reuters · 23h

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.

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,

1don MSN

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 ...

20h

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 ...

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 ...

1don MSN

Why Atlassian Stock Popped on Wednesday

Atlassian ( TEAM 2.01%) stock enjoyed a modest price bump of 1.7% through 11:30 a.m. ET Wednesday after earlier enjoying a ...

19h

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.

21h

JPMorgan Reports Record Profit of Nearly $60 Billion in 2024

JPMorgan Chase, the largest bank in the U.S. by assets, reported fourth-quarter net income of $14 billion, topping Wall ...

8don MSN

Citi upgrades used car retailer Carvana, lifts PT by $82

Citi has upgraded Carvana Co (NYSE:CVNA) to “buy/high risk” and raised its price target to $277 from $195 given its strong retail unit sales growth and gross profit per unit improvements. The ...

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 ...

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