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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,

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 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.

El Adelantado de Segovia13d

Plan ahead for holiday closures: Key dates for Bank of America and Citi

Although it may sound alarming at first glance, there’s no need to worry. Bank of America and Citi aren’t shutting down ...

3don MSN

Citigroup Swings to Profit on Trading Strength, Surging Deals

Wall Street's dealmakers have also cashed in on a revival in mergers, acquisitions and initial public offerings after an ...

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 ...

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