|Bid||0.00 x 1100|
|Ask||0.00 x 800|
|Day's Range||63.01 - 64.57|
|52 Week Range||48.42 - 78.42|
|Beta (3Y Monthly)||1.77|
|PE Ratio (TTM)||9.61|
|Earnings Date||Apr 15, 2019|
|Forward Dividend & Yield||1.80 (2.88%)|
|1y Target Est||76.81|
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Looking at Citigroup Inc.'s (NYSE:C) earnings updateRead More...
received a compensation package valued at $24 million in 2018, a 4% raise from the $23 million he earned in the prior year, according to a securities filing Friday. The rest of his pay package is made up of about $7.88 million in equity awards and a long-term performance-based pay worth $7.88 million. In determining Mr. Corbat’s pay, Citi said it considered the steady progress it made in 2018 toward reaching its financial goals.
Corbat's total compensation included a base salary of $1.5 million plus cash bonuses of about $6.75 million, equity awards of nearly $7.88 million, and a long-term performance based pay worth $7.88 million. Members of the board said they considered the bank's earning operating performance, and market levels of pay when deciding his compensation. A year earlier, Corbat enjoyed a 48 percent raise for a total annual compensation of $23 million as the bank grew adjusted profit by 4 percent.
Citigroup Inc said on Friday its Chief Executive Michael Corbat will get a 4.35 percent raise, bringing his total compensation for 2018 to $24 million. Corbat's total compensation included a base salary of $1.5 million plus cash bonuses of about $6.75 million, equity awards of nearly $7.88 million, and a long-term performance based pay worth $7.88 million. Members of the board said they considered the bank's earning operating performance, and market levels of pay when deciding his compensation.
Advisers to Venezuelan opposition leader Juan Guaido are asking Citibank not to claim gold put up as collateral for a loan to the government of President Nicolas Maduro if his administration does not make payments on time, a lawmaker said on Friday. Citi would be entitled to keep the gold if cash-strapped Venezuela does not pay the loan when it expires in March, lawmaker Angel Alvarado said, without specifying the value of the gold in question. Allies of Guaido, who has been recognized by the United States and more than 40 countries across the world as Venezuela's legitimate leader, is asking the bank not to invoke the guarantee.
Investing.com - The Dow wrapped up the week in strong form Friday, notching an eighth-straight week of gains as optimism that the U.S. and China were closing in on a trade deal triggered a sea of green across Wall Street.
Citigroup Stock: Potential Upside(Continued from Prior Part)Strong financial performance Citigroup (C) impressed investors with its financial performance in 2018 due to higher net interest revenues, lower costs, and a decline in the effective tax
Citigroup Stock: Potential Upside(Continued from Prior Part)Quarterly growth projections Citigroup (C) has a strong history of beating analysts’ earnings estimates. The bank has beaten analysts’ estimates in the past eight quarters with an
Banks have been among the biggest beneficiaries of the tax overhaul, reaping billions of dollars in savings after the corporate tax rate was cut to 21% from 35%. In the past, banks had tended to pay more in taxes than big companies in other sectors, since so much of their business is centered in the U.S. That means the big drop in the tax rate benefited them even more. all had effective tax rates in the high teens or low 20s during 2018, excluding one-time items—a sharp drop from the past, when the biggest banks’ tax rates tended to be in the high 20s or low 30s.
Citigroup Inc's China unit on Thursday named Ji Yang head of markets & securities services , and Vicky Tsai head of securities services. Most recently, Yang was the bank's head of corporate sales and structuring ...
In awarding the sum, the compensation committee of Citi’s board noted the bank’s 2018 net income of $18bn, a year-on-year increase of 14 per cent adjusted for the impact of President Donald Trump’s tax cut. Citigroup shares fell by 30 per cent in 2018. David Solomon, who earned $23m last year, but only served part of the year as chief executive.
Israel's freelance marketplace Fiverr International Ltd has hired Citigroup and JPMorgan Chase to underwrite its initial public offering in the United States, Bloomberg reported on Thursday, citing people ...
(Bloomberg) -- Fiverr International Ltd., an Israeli startup offering an online marketplace for freelance services, hired Citigroup Inc. and JPMorgan Chase & Co. to manage an initial public offering in New York, according to people familiar with the matter.
Headline retail sales dropped 1.2 per cent month-on-month, a sharp turn from November’s 0.1 per cent gain and far worse than the 0.2 per cent increase economists had pencilled in. The “control” category of sales — which strips out items including cars, petrol, building materials and food services — fell by a steeper amount, 1.7 per cent, in the month, the poorest reading since 2001.
Bank of America Stock: Analyzing the Uptrend(Continued from Prior Part)Stellar performance Bank of America (BAC) recorded stellar EPS growth in 2018 due to the higher net interest income, control over costs, improved asset quality, the lower
Bank of America Stock: Analyzing the Uptrend(Continued from Prior Part)Sustained growth in loans and deposits We expect Bank of America (BAC) to sustain the growth momentum in its revenues due to higher net interest income. Sustained growth in loans
Find out if your bank is likely to be open in 2019 on New Year's Day, MLK Day, Presidents Day, Memorial Day, Independence Day, Labor Day, Columbus Day, Veterans Day, Thanksgiving or Christmas.
Citi (NYSE:C) has entered into a new agreement to supply clean, renewable energy for a multi-year term to its operations in Texas. The power adds to Citi’s existing renewable supply, contributing to the bank’s goal to supply 100% renewable energy to power Citi’s facilities globally by 2020. The power and renewable energy credits will come from the 163 MW Midway Wind Project located in San Patricio County, TX.
Bank of America Stock: Analyzing the UptrendStrong financial performance Bank of America (BAC) has impressed investors with its financial performance in the past several quarters. The company beat analysts’ estimate on the sales and earnings
Industrial production across the 19-nation euro area is falling at the fastest pace since the financial crisis, and deteriorating demand is evident as the region finds itself squeezed between international and domestic drags. The Bloomberg euro index is near its lowest since mid-2017 and European stocks have never been cheaper relative to bonds in terms of yield gap. “The concern I have right now is in Europe,” said Salman Ahmed, chief investment strategist at Lombard Odier.
Wednesday 21.52 GMT Global stocks rose and oil prices extended their rally after Donald Trump opened the door to an extension of the US-China trade truce beyond the March 1 deadline. The US president said ...