Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength
Citigroup posted fourth-quarter net income of $2.86 billion, an improvement from a net loss of $1.84 billion a year ago. Last year, Citi's results were weighed down by charges it booked in the final period of 2023,
Citigroup reported fourth-quarter results that exceeded expectations, sending shares higher in pre-market trading Wednesday.
Citigroup’s fourth-quarter results just landed. The bank swung to a profit, boosted by stronger revenue in divisions ...
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Citi Stock Rises After Q4 Profit Beat, Fresh $20 Billion Share Buyback Plan: Retail ElatedCitigroup shares rose more than 6% on Wednesday after the bank topped Wall Street estimates for fourth-quarter profit on ...
JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.
Citi enjoyed a solid quarter, with a revenue beat driven by net interest income. The board approved a new $20 billion share buyback program.
Atlassian ( TEAM 2.01%) stock enjoyed a modest price bump of 1.7% through 11:30 a.m. ET Wednesday after earlier enjoying a ...
Goldman Sachs said its profit more than doubled in the fourth quarter, boosted by companies’ growing appetite for dealmaking.
JPMorgan Chase, the largest bank in the U.S. by assets, reported fourth-quarter net income of $14 billion, topping Wall ...
Investing.com - Cisco Systems (NASDAQ: CSCO ) is expected to benefit from improving dynamics in the market for hardware ...
Citizens Financial Group more than doubled its profit in the fourth quarter as noninterest income rose and costs came down. The bank posted a profit of $401 million, or 83 cents a share, compared with ...
Bank of America made $6.7 billion of profit in the fourth quarter of 2024, more than doubling earnings from a year earlier ...
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