Citigroup Inc. now offers a second preferred stock, C.PR.R, providing investors with another high-yield, secure income option. This R PFD features a 6.25% non-cumulative coupon, strong dividend coverage (11x), and robust equity backing (9.6x), earning a Buy rating. Compared to similar preferreds from JP Morgan, Wells Fargo, and Bank of America, C-R rates a Hold as the other Citigroup issue has a much higher yield.
GS, C and MS are three investment banking giants riding on solid Q4 earnings, rebounding deal activity and trading strength in 2026.
The Dividend Harvesting Portfolio reached all-time highs, delivering a 38.68% return on invested capital and a 7.78% forward yield. Recent volatility in technology created buying opportunities; I increased allocations to GPIQ and AMLP, targeting both tech and energy exposure. Forward annualized dividend income now stands at $2,784.30, with a clear path to exceed $3,000 in 2026 as capital is added.
Citigroup executives are becoming more optimistic that they will be able to finish compliance work on major regulatory punishments, known as consent orders, later this year, according to two sources familiar with the situation who declined to be identified discussing confidential supervisory information.
Does C's restructuring plan, sales and stronger 2026 EPS outlook give it the edge over WFC? Let us find out.
Citigroup remains one of the best opportunities among money center bank stocks, as the financial giant continues with its multiyear turnaround. Flagstar Bank, formerly New York Community Bancorp, has significant upside potential if it can weather challenges related to its loan portfolio.
Citigroup reportedly plans to lay off an unspecified number of employees in March after cutting about 1,000 jobs this month. The March layoffs are likely to involve managing directors and senior employees across the bank's business lines, but the scale and location of the cuts are not yet known, Reuters reported Friday (Jan. 23), citing unnamed sources.
“We're working hard,” Bank of America CEO Brian Moynihan said during a Bloomberg TV interview Thursday, nodding to calls for affordability. “We're trying to come up with solutions.
The move away from American assets isn't likely to last, Citigroup CEO Jane Fraser said.
Citigroup Chair and CEO Jane Fraser said Tuesday (Jan. 20) that she does not expect Congress to support the 10% cap on credit card interest rates proposed by President Donald Trump.
Big banks delivered earnings this week. Our experts weigh in on the results, the stocks, and the outlook for banking.
Citigroup financial improvements and efficiency gains are expected to drive the 2026 EPS to $10, up 25% from 2025. The large bank reported modest Q4 revenue growth (2.1%) and an EPS beat, but ROTCE remains below peers, with a plan to exceed 10% by 2026. Citigroup's capital returns are robust, with $17.5B returned to shareholders in 2025 and a CET1 ratio of 13.2%, supporting continued large buybacks and dividends.