Citigroup Inc. (C)
Citi to boost Japan investment banking headcount up to 15%, executive says
Citigroup plans to raise its investment banking headcount in Japan by 10% to 15% over the next year and make new hires in Australia, as part of its strategy to bolster growth in the Asia Pacific, its top regional banker said.
Citi CFO Mark Mason: We've been investing in AI tools
Citi CFO Mark Mason said Tuesday that the bank has been investing in AI tools to improve efficiency and enhance client service.
Citigroup Q2 Earnings Beat Estimates on Y/Y NII Rise, Stock Up
C posts 28.9% EPS jump in 2Q25, fueled by higher net interest income and lower expenses across key segments.
Citigroup tops Q2 profit estimates as strong trading, interest income lift results
Citigroup Inc (NYSE:C) posted stronger-than-expected second-quarter earnings on Tuesday, driven by a strong performance in its trading business and higher net interest income. The bank reported earnings per share of $1.96, handily beating Wall Street estimates of $1.60, while revenue rose 8% year-over-year to $21.67 billion, above the $21 billion analysts had expected.
Citi earnings: Shares rise after net income jumps 25% annually in Q2
CNBC's Leslie Picker reports on the latest bank earnings to cross the tape.
Citigroup beats second-quarter estimates as markets and banking revenues jump
The results come after a first half where Citigroup's stock outperformed the broader market and several of its universal bank peers.
Financials Report This Week: Citi And JPMorgan Kick Off The Big Banks' Earnings Tuesday Morning
If there's a beaten-down “non-correlated” (or uncorrelated) asset class to the S&P 500's bull market, it's the Russell 2000 Value segment, and the biggest concentration within that asset class is financials. Citigroup reports on July 15th before the opening bell, and analyst consensus coming into the Q2 earnings release is expecting $1.60 in EPS on $20.98 billion in revenue, for expected year-over-year growth of 5% and 4% respectively. JPM trades at 15x-16x earnings for expected high-single digit EPS growth over the next 3 years, while it likely can still generate high-teens, low-20% ROTCE or ROE.
Here's How to Play Citigroup Ahead of Its Q2 Earnings Release
C is set to report Q2 results with projected y/y revenue and earnings growth, but will rising credit costs weigh on performance? Let us find out.
Small-Cap Russell 2000 Leads Another Up-Day in the Market
The small-cap index has outgained the field of the past month or so.
Citigroup to Add 510 Jobs in Charlotte: Will It Drive Growth?
C is set to invest $16.1 million and add 510 jobs in Charlotte as it plans to build a major new office to deepen client ties.
Citigroup: Expecting A Strong Q2 But Shares Aren't Cheap Here
I maintain a hold rating on Citigroup heading into Q2 earnings. While the Banamex divestiture could unlock value, Citi's overall profitability and return metrics remain lackluster compared to other big banks. Citigroup is no longer a deep value play. Its price-to-book discount has narrowed, making further upside dependent on operational improvements.
US bank earnings set for no major surprises, analysts eye second half outlook
As earnings season kicks off for US banks, UBS analysts believe investors should look beyond the headline results for the second quarter and instead concentrate on the back half of the year. “Outlook matters more than results,” the analysts wrote in a note, noting that no major fireworks are expected.
