C Stock Recent News

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.

Citigroup hired two senior investment bankers this week, extending a recruitment drive by its head of banking, Viswas Raghavan.

Citigroup CEO Jane Fraser is in Mexico City for talks with President Claudia Sheinbaum that include the potential public listing of the bank's retail unit Banamex, Bloomberg News reported on Monday, citing people familiar with the matter.

Citigroup (C 1.68%) did not distinguish itself during the Great Recession. It got caught up in the housing crisis, ending up cutting its dividend and taking a government bailout.

Citigroup has appointed JPMorgan Chase's Guillermo Baygual as co-head of mergers and acquisitions, according to an internal memo seen by Reuters on Thursday, as the U.S. bank seeks to grow its share of the lucrative dealmaking business.

C raises the 2025 NII outlook as 1H 2025 income jumps 8% on improved loan demand and favorable spreads.

Most investors would agree that today's stock market is dominated by risk-on sentiment, with the S&P 500 reaching new all-time highs largely due to the strong performance of a few leading technology stocks. There is nothing wrong with this situation, but it does raise a few flags for active investors moving forward, flags that represent additional profit potential.