C Stock Recent News

Citigroup has shown significant progress in its multiyear turnaround, and management's double-digit ROTCE target looks more credible than ever before. Despite mixed Q4 results, Citi's performance relative to expectations was positive, with notable improvements in net interest income and margin. Exiting the expense-intensive phase of its operational restructuring, Citi looks set to drive meaningful revenue growth on improved competitive positioning and expense contraction, leading to double-digit earnings growth.

NEW YORK--(BUSINESS WIRE)--Citigroup Inc. is redeeming, in whole, all $1.5 billion aggregate liquidation preference of Series V Depositary Shares representing interests in its 4.700% Fixed Rate / Floating Rate Noncumulative Preferred Stock, Series V (the “Preferred Stock”). The redemption date is January 30, 2025, for the Preferred Stock and related Depositary Shares (the “Redemption Date”). The cash redemption price, payable on the Redemption Date for each Depositary Share, will equal $1,000.

NEW YORK--(BUSINESS WIRE)--Citigroup Inc. is announcing the redemption, in whole, constituting €451,934,000 of its 4.25% Fixed Rate / Floating Rate Subordinated Notes due 2030 (the “notes”) (ISIN: XS0213026197). The redemption date for the notes is February 25, 2025 (the “redemption date”). The cash redemption price for the notes payable on the redemption date will equal par plus accrued and unpaid interest, to but excluding, the redemption date. The redemption announced today is consistent wit.

Gov. Kelly Armstrong, R-N.D., reacts to President Trump demanding lower oil prices from Saudi Arabia on 'Making Money.

The S&P came close to closing at a new all-time high today at 6,086, but was just a few points shy of the record close on December 6th of last year.

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 29 classes of mortgage pass-through certificates from Citigroup Mortgage Loan Trust 2025-1 (CMLTI 2025-1), a prime residential mortgage-backed securities transaction collateralized by owner occupied primary, secondary and investor properties. The underlying pool consists of 308 fixed-rate mortgages (FRMs) with an aggregate principal balance of approximately $396.6 million as of the cut-off date on January 1, 2025 and includes both n.

Sanctions tighten oil supplies, fueling price hikes. Citigroup revises outlook, citing supply crunch and geopolitical risks.

JPM, C and GS made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 22, 2025.

JPM, GS, C, HIPO and PBPB have been added to the Zacks Rank #1 (Strong Buy) List on January 22, 2025.

Banks such as JPMorgan, Citi, and Goldman Sachs started the earnings season off on a positive note when all beat expectations on the top and bottom lines. The pre-peak Late Earnings Report Index fell to its lowest level in a year, signaling corporations are feeling more certain about growth prospects as they start 2025. Q4 S&P 500 EPS growth is expected to come in at 12.5%, the highest growth rate in three years.