Citigroup
American multinational investment bank and financial services corporation
A multinational investment bank and financial services corporation providing consumer banking and corporate banking services.
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Latest News
5Citigroup’s Profit Rises, Revenue Climbs in All Divisions
Citigroup saw a 10% rise in profit during the second quarter of 2024, supported by cost-cutting measures and revenue growth across all five of its business divisions. Despite the positive results, the bank increased provisions for potential credit-card losses.
Citigroup Reports Second Quarter 2026 Results – Company Announcement
Citigroup officially released its financial results for the second quarter of 2026. The bank hosted a conference call to review these performance metrics and provided a supplemental data report for investors.
Citigroup (C) Announces Full Redemption of $3.15B in Notes Due 2027
Citigroup announced the full redemption of two series of notes totaling $3.15 billion scheduled for June 9, 2026. Investors are set to receive the par value of the notes plus any accrued and unpaid interest.
Citigroup beats estimates, boosted by gains in fixed income
Citigroup reported its best quarterly revenue in a decade for the first quarter of 2026, featuring a 56% year-over-year increase in earnings per share. CEO Jane Fraser noted that the bank is nearing the final phase of its planned divestitures.
Citigroup (C) earnings Q4 2024 beat
Citigroup posted a fourth-quarter net income of $2.86 billion, marking a significant recovery from the net loss reported in the same period the previous year. The bank also announced a $20 billion stock buyback program following strong investment banking results.
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