Citigroup (C) closed at $76.40 in the latest trading session, marking a -0.17% move from the prior day. The stock's change was less than the S&P 500's daily gain of 0.01%. Meanwhile, the Dow experienced a drop of 0.22%, and the technology-dominated Nasdaq saw an increase of 0.32%.The U.S. bank's shares have seen an increase of 10.16% over the last month, surpassing the Finance sector's gain of 3.54% and the S&P 500's gain of 5.2%.Investors will be eagerly watching for the performance of Citigroup in its upc ...

Key Takeaways C's revamp includes 20,000 job cuts and restructured management to eliminate complexity and boost efficiency. The bank exited nine consumer markets, and plans to IPO its Mexico retail and small business operations. Earnings estimates for 2025 and 2026 moved up, with C trading at a lower P/E than the industry average.Citigroup Inc. (C) has been emphasizing leaner, streamlined operations to reduce expenses. The transformation process includes an organizational restructuring, which resulted in ...

Citigroup announced Tuesday it is dropping a 2018 policy that placed restrictions on offering banking services to retail clients selling firearms and amending a separate policy to clearly state that it does not discriminate based on political affiliation. The changes come amid concerns over "fair access" to banking services, Citi's Head of Enterprise Services and Public Affairs Edward Skyler said in a press release, noting that the company is following regulatory developments, recent executive orders and le ...

Citigroup (C -0.30%) is one of the best-known banks in the United States and probably the world. But it doesn't have the best history when it comes to dealing with adversity, given its less-than-impressive performance during the Great Recession.Even though it is a much different company today than it was back then, investors can probably do better. Here's why and how.What does Citigroup do?Citigroup is a bank, providing basic financial services to consumers and businesses. This is the core of its business. ...

Warren Buffett became a legend for his investing prowess. These days, though, the 94-year-old billionaire is disinvesting more than he's investing. Buffett's Berkshire Hathaway has been a net seller of stocks for 10 consecutive quarters. In the first quarter of 2025, Buffett & team reduced Berkshire Hathaway's holdings in six stocks. They also completely exited the conglomerate's positions in two stocks. Citigroup (C 0.67%) was one of them. But did Buffett make a mistake selling this high-yield dividend sto ...

Shares of Citigroup (C 0.67%) have outperformed at the start of 2025, returning a solid 4% year to date as of this writing, despite the stock market turbulence. The megabank has managed to brush aside uncertainties regarding the looming impact of sweeping changes to U.S. trade policy, while capitalizing on resilient economic conditions. Several strategic initiatives implemented in recent years appear to be paying off, supporting steady growth and climbing profitability.Do these positive trends make Citigrou ...

Citigroup (C) FY 2025 Conference May 29, 2025 02:30 PM ET Speaker0 Everybody. My name is Ken Usen. I'm the large cap bank analyst here at Autonomous. I'm really pleased to have Jane Fraser with us, the CEO of Citigroup. Speaker1 Hello, everyone. Speaker0 Jane has spent the last several years navigating the bank through a multiyear transformation and simplification of the company since becoming the CEO in 02/2021. Really excited to have you here, Jane, and Speaker1 talk about Speaker0 the update's discussion ...

When it comes to banking giants, Bank of America (BAC) and Citigroup (C) are often talked about. Both operate across consumer, corporate and investment banking sectors, and are currently navigating similar macroeconomic challenges.The performances of BAC and C are highly influenced by the Federal Reserve’s monetary policy. As the central bank lowered rates last year, both banks benefited from that as funding costs came down. Now, with the central bank adopting a cautious approach toward rate cuts because of ...

Citigroup (C) closed the latest trading day at $75.03, indicating a -0.58% change from the previous session's end. The stock's performance was behind the S&P 500's daily loss of 0.56%. Elsewhere, the Dow lost 0.58%, while the tech-heavy Nasdaq lost 0.51%.Shares of the U.S. bank witnessed a gain of 9.57% over the previous month, beating the performance of the Finance sector with its gain of 5.39% and the S&P 500's gain of 7.37%.Investors will be eagerly watching for the performance of Citigroup in its upcomi ...

Citigroup Inc.’s (C) , through its subsidiary Citibank Europe Plc, announced that Citi Handlowy has announced an agreement to sell its consumer banking business in Poland to VeloBank S.A (Velobank). This transaction aligns with Citigroup’s broader strategy to exit consumer banking and strengthen its focus on core operations.Details of the C’s DealThe agreement involves the demerger of Citi Handlowy’s consumer banking operations, including wealth management, micro business banking, credit cards, consumer loa ...