C Stock Recent News

The Investment Committee give you their top stocks to watch for the second half.

Investment banks surge in 2025 as M&A rebounds, AI boosts efficiency, and GS, JPM, C, EVR and IBKR shine.

C's July card delinquencies move up, yet charge-offs ease and remain well below the pre-pandemic levels.

On today's episode of CNBC Crypto World, bitcoin slips to the $117,000 level while ether falls below $4,500. Plus, Citibank says it's exploring more crypto services for clients.

Citigroup is reportedly considering getting involved in stablecoins. The bank is exploring providing stablecoin-powered payments as well as custody services for the assets that back stablecoins and crypto-related investment products, Biswarup Chatterjee, global head of partnerships and innovation for Citigroup's services division, told Reuters in a report posted Thursday (Aug. 14).

Citigroup's turnaround has driven strong financial results, but shares are no longer deeply discounted to book value, limiting further upside potential. The stock now trades at a premium to tangible book value, with dividend yield and valuation metrics in line with peers, reducing its value proposition. While Citigroup's strategic investments and operational improvements are impressive, most of the upside is now priced in, making it less compelling for new investment.

Citigroup's turnaround is gaining momentum, with accelerating top-line growth and multiyear-high EPS growth driven by strong expense control and efficiency improvements. Segment results show robust growth in wealth, banking, and services while U.S. personal banking faces some consumer headwinds and credit losses. The outlook remains positive, with modest revenue growth, declining expenses, and a significant increase in capital returns through buybacks and dividends.

Citigroup is exploring providing stablecoin custody and other services, a top executive told Reuters, in a further sign sweeping policy changes in Washington are spurring major financial firms to expand into the cryptocurrency business.

Does C's 61.2% stock surge, fueled by strategic exits, cost cuts and gains in wealth and investment banking, make it worth investing in? Let us find out.

With investors starting to clamor for a September rate cut, the outlook for JPMorgan and Citigroup may become even more appealing thanks to their strong capital positions.