C - Citigroup Inc.

NYSE - NYSE Delayed Price. Currency in USD
69.46
+2.46 (+3.67%)
At close: 4:02PM EDT

69.35 -0.11 (-0.16%)
Pre-Market: 4:18AM EDT

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Previous Close67.00
Open67.36
Bid69.25 x 1000
Ask69.50 x 1200
Day's Range67.28 - 69.71
52 Week Range64.38 - 80.70
Volume26,659,911
Avg. Volume16,415,869
Market Cap174.803B
Beta1.52
PE Ratio (TTM)N/A
EPS (TTM)-2.83
Earnings DateOct 12, 2018
Forward Dividend & Yield1.28 (1.92%)
Ex-Dividend Date2018-05-04
1y Target Est83.44
Trade prices are not sourced from all markets
  • 'American banks are not building their capital': Strategi...
    CNBC Videosyesterday

    'American banks are not building their capital': Strategi...

    Dick Bove of Hilton Capital Management says there is a "massive amount of misinformation" surrounding banking and interest rates.

  • TheStreet.com11 hours ago

    Jim Cramer: Why Are the Banks so Hated Right Now?

    Why are the banks hated so much? I think, after reviewing JP Morgan , Citigroup , PNC Financial and Wells Fargo , I come back with the following impressions: The yield curve is hurting them on all fronts.

  • Reuters12 hours ago

    U.S. banks depositors shifting money, asking for higher rates

    Slowly but surely, depositors are starting to shift money from basic U.S. bank accounts to products that pay more than a sliver of a percent in interest. While reporting second-quarter results in recent days, executives at the largest U.S. banks noted an acceleration in deposit outflows from wealthy individuals and companies, which are more sensitive to interest rate hikes. "Lazy money is moving," Bill Demchak, chief executive officer of PNC Financial Services Group Inc, said on a call with analysts on Friday.

  • Barrons.com15 hours ago

    Bank of America's Earnings Were So Good JPMorgan, Citigroup Are Soaring Too

    The Financial Select Sector SPDR ETF (XLF) is rising today, helped by Bank of America's (BAC)  second-quarter earnings, which comes on the heels of JPMorgan Chase's (JPM) report on Friday. BofA's earnings boost is a far cry from the reaction to bank earnings on Friday. Both Citigroup (C) and Wells Fargo (WFC) were lower on Friday following earnings, and even JPMorgan warned that competitive pressures were ramping up, as it followed them lower.

  • InvestorPlace16 hours ago

    Bank of America Q2 Earnings Sooth Investor Worries

    Bank of America (NYSE:BAC) shares haven’t exactly been roaring this year. BAC stock’s still down 12% from its March peak despite Monday’s gain, with traders largely believing that rising interest rates (for borrowers) and a slowing economy would overwhelm the benefits of higher interest rates (which makes banks more profitable) and lower tax rates. Although not impressive across the board, there was more than enough to celebrate about last quarter’s results from BofA.

  • Reuters17 hours ago

    MOVES-Credit Suisse hires Citi's Salas to run fintech banking -memo

    Credit Suisse has hired Citigroup's Mathieu Salas to head its coverage of financial technology clients, according to an internal memo, the contents of which were confirmed by a spokeswoman for the European bank. The hiring of Salas, who will re-join Credit Suisse later in 2018 after starting his career at the bank, is aimed at strengthening and expanding the firm's coverage of the financial technology space, according to the memo. Salas was previously global head of financial technology at Citi, where he worked on a number of high-profile transactions, including Blackstone Group's $20 billion acquisition of a majority stake in Thomson Reuters' Financial and Risk unit, which is expected to close later this year, and CME Group's pending $5.5 billion purchase of NEX Group Plc .

  • Investopedia18 hours ago

    Big Bank Mortgage Results Hurt by Spring Real Estate Market

    The impact of high property values and rising mortgage rates that shut some buyers out of the spring real estate market is starting to show up in the quarterly results of some of the nation's banks. Wells Fargo & Company ( WFC), JPMorgan Chase & Co. ( JPM), Citigroup Inc. ( C) and The PNC Financial Services Group, Inc. ( PNC) all reported second quarter results showing signs of weakness in mortgage originations. According to National Mortgage News, the national bank reported income of $770 million in its mortgage banking unit, which is down from $934 million in the first quarter and below the $1.1 billion the unit had in last year's second quarter.

  • CNBC18 hours ago

    Cramer: Banks are 'making fortunes' but are still as hated as they were during the financial crisis

    Big banks continue to be a profitable group despite being immensely disliked on Wall Street, CNBC's Jim Cramer says.

  • US Banks Reported Mixed Profits in the Second Quarter
    Market Realist19 hours ago

    US Banks Reported Mixed Profits in the Second Quarter

    JPMorgan Chase (JPM) reported an 18% higher profit than analysts’ expectations in the second quarter to $8.32 billion. According to Barclays analysts, the bank exceeded analysts’ estimates for the 14th straight quarter. The bank’s trading revenues rose 13% to $5.4 billion, while the loan growth rose 4% to $948.4 billion. The bank’s yield on interest-earning assets was at 2.46%.

  • Business Wire19 hours ago

    Citi Launches Citi® Payment Insights For Institutional Clients with Real-Time Payments Visibility and Management

    Citi has launched Citi® Payment Insights, a new service providing institutional clients with real-time payments visibility, and ability to action payments on-demand via its electronic banking platform, CitiDirect BE®. Citi® Payment Insights empowers clients with a complete view of the transaction lifecycle within Citi’s entire global network, and across the correspondent banking eco-system by integrating the transparency provided by SWIFT’s gpi initiative. “This new service highlights our dedication to provide a frictionless experience to our clients in a rapidly changing business environment”, said Naveed Sultan, Citi’s Global Head of Treasury and Trade Solutions.

  • InvestorPlace20 hours ago

    Embrace Bank of America Stock Despite Its Flattening Yield Curve

    Stocks like Bank of America (NYSE:BAC) have failed to hold a rally more than a few hours. Yes, BAC stock is a good value, but that doesn’t mean it will rally much farther. Unlike Wells Fargo (NYSE:WFC), BAC management delivered quality results, so they did not give the bears reason to sell BAC stock from their executions on plan.

  • Investopedia20 hours ago

    Big Banks Get Sold After Earnings

    The first batch of second quarter bank earnings failed to inspire buying interest in Friday's session, triggering minor downturns in shares of JPMorgan Chase & Co. ( JPM), Citigroup Inc. ( C) and Wells Fargo & Company ( WFC). The limp reaction despite tax cuts and a booming U.S. economy continues bearish action in place since January, when the stocks in the commercial banking sector topped out and entered intermediate corrections. The November 2016 presidential election finally triggered a breakout, but given the Federal Reserve's aggressive rate hike schedule, it's possible that the sector's multi-year uptrend has run its course.

  • Thomson Reuters StreetEvents21 hours ago

    Edited Transcript of C earnings conference call or presentation 13-Jul-18 3:30pm GMT

    Q2 2018 Citigroup Inc Earnings Call

  • Wells Fargo, JPMorgan, Bank of America, Goldman Sachs and Morgan Stanley are part of Zacks Earnings Preview
    Zacks21 hours ago

    Wells Fargo, JPMorgan, Bank of America, Goldman Sachs and Morgan Stanley are part of Zacks Earnings Preview

    Wells Fargo, JPMorgan, Bank of America, Goldman Sachs and Morgan Stanley are part of Zacks Earnings Preview

  • Earnings season kicks off as expected—with a fizzle, not a bang
    MarketWatch23 hours ago

    Earnings season kicks off as expected—with a fizzle, not a bang

    The second-quarter earnings season kicked off Friday as forecast with big banks JPMorgan Chase & Co. and Citigroup Inc. beating expectations and Wells Fargo falling short, but all three stocks fizzled in early trade as the numbers failed to inspire investors.

  • The Wall Street Journal3 days ago

    [$$] Investors Are Ignoring the Good News in Banks

    JPMorgan Chase and Citigroup both reported second-quarter earnings on Friday that beat analyst estimates, with profit rising 18% and 16% from a year earlier, respectively. JPMorgan and Citigroup shares were already down 8% and 13% since the end of January, as investors anticipated a grim future for banks where a trade war cut demand for loans, a recession boosted credit losses and where a flattening yield curve cut profits. At JPMorgan, core loan growth was a robust 7%, unchanged from the first quarter.

  • The Wall Street Journal3 days ago

    [$$] Rules Designed to Catch Terrorists Cost This Unsuspecting Customer Her Bank Account

    The 75-year-old Ms. Liegey discovered that Citigroup Inc. had blocked her checking and trust accounts after she didn’t respond to a notice asking her for personal information to verify the accounts—part of the bank’s efforts to comply with government-mandated rules referred to as “know your customer,” or KYC. The process can end up ensnaring even law-abiding customers like Ms. Liegey, a grandmother of two. “When customers come to us with the required information, we make every effort to keep the account open or reopen it as soon as possible,” a Citigroup spokesman said.

  • The Wall Street Journal3 days ago

    [$$] Profit Gains at JPMorgan, Citigroup Reflect a World in Growth Mode

    JPMorgan Chase & Co. and Citigroup Inc. posted double-digit profit increases in the second quarter as businesses and consumers showed confidence in stronger economic growth by borrowing more, although investors remained wary in the face of trade conflicts and interest-rate uncertainty. The performance of the two banks reflected continued employment gains in the U.S., a boom in deal-making among companies and increasing investment by businesses flush with more cash following the recent tax-code overhaul. JPMorgan Chief James Dimon said the economy was charging ahead on most fronts, bolstering banks.

  • Investing.com3 days ago

    Top 5 Things That Moved Markets This Past Week

    Investing.com – Top 5 things that rocked U.S. markets this week:

  • Associated Press3 days ago

    Business Highlights

    The Federal Reserve says that it expects low unemployment and rising inflation will keep it on track to raise interest rates at a gradual pace over the next two years. By late 2019, the Fed says its key policy rate should be at a level that will be slightly restrictive for growth. NEW YORK (AP) -- Papa John's is pulling founder John Schnatter's image from marketing materials following reports he used a racial slur.

  • InvestorPlace3 days ago

    JPMorgan Chase Beats on Earnings, But Will It Matter?

    Once again, JPMorgan Chase (NYSE:JPM) has handily beat earnings estimates. JPM earnings for the second quarter came in nicely ahead of consensus. JPM stock actually is down modestly in Friday afternoon trading, while markets as a whole have risen.

  • Citigroup executives see better growth ahead, but not yet
    Reuters4 days ago

    Citigroup executives see better growth ahead, but not yet

    Although Citigroup beat Wall Street profit expectations, its revenue fell short of forecasts and businesses like branded credit cards and retail banking in Mexico are not yet generating the kind of revenue investors want to see. During a conference call, Chief Executive Officer Michael Corbat touted progress Citigroup has made toward goals he set last year to grow revenue faster than expenses and return more capital to shareholders. Analysts asked how Citigroup will improve performance without having to spend a lot more on those businesses.

  • TheStreet.com4 days ago

    Flashback Friday: Bank Stocks Stay Hot and Tesla Stays Relevant

    JPMorgan released its earnings Friday, July 13, and the bank successfully beat. TheStreet's Brian Sozzi reported that it's the best bank stock to own. "JPMorgan is most representative of the value inherent in the universal banking model," wrote Credit Suisse analysts.

  • The Wall Street Journal4 days ago

    [$$] Citigroup Posts Higher Profit

    “It’s certainly had some impact in the overall feeling in the market, it’s created some uncertainty, so I do think it’s probably had some impact on people making decisions,” Mr. Gerspach said, referring to trade and tariff disputes. Mr. Gerspach said the decline in fixed-income trading came from a drop in spread products concentrated in the U.S.