C - Citigroup Inc.

NYSE - NYSE Delayed Price. Currency in USD
76.39
-0.66 (-0.86%)
At close: 4:02PM EST
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Previous close77.05
Open77.05
Bid76.31 x 2900
Ask76.47 x 2200
Day's range76.06 - 77.83
52-week range48.42 - 77.83
Volume13,447,139
Avg. volume11,580,419
Market cap167B
Beta (5Y Monthly)1.81
PE ratio (TTM)10.13
EPS (TTM)7.54
Earnings date14 Jan 2020
Forward dividend & yield2.04 (2.65%)
Ex-dividend date2019-11-01
1y target est84.69
  • Financial Times

    Russian central bank cuts rates for fifth time in a year

    Russia’s central bank has cut interest rates by 25 basis points to 6.25 per cent, the fifth rate cut this year as officials try to revive a moribund economy. The cut on Friday took Russia’s interest rate to its lowest level since before the 2014 Russian financial crisis, when governor Elvira Nabiullina raised it to 17 per cent and switched the rouble to a free float. The central bank said it expected inflation, which dropped from 3.8 per cent to 3.5 per cent last month, to fluctuate between 3.5 per cent and its target of 4 per cent next year, then remain at around 4 per cent the year after.

  • Reuters

    EXPLAINER-Why are banks watching Australia cartel case involving JP Morgan, Citi & Deutsche?

    HONG KONG/SYDNEY, Dec 13 (Reuters) - Investment bankers the world over are paying close attention to court hearings in Sydney in a landmark legal case that alleges cartel activity by Citigroup and Deutsche Bank employees, with JPMorgan witnesses appearing for the prosecution. Australian authorities filed criminal charges in June 2018 against the local units of Citigroup, Deutsche Bank , Australia and New Zealand Banking Group and six bankers over a A$2.5 billion stock sale.

  • Banks to End 2019 With Upbeat Trading and IB Performance
    Zacks

    Banks to End 2019 With Upbeat Trading and IB Performance

    Strong trading and investment banking performance will support banks' fee income growth in Q4.

  • Citi, Credit Suisse drop China's Ucommune U.S. IPO over valuation - sources
    Reuters

    Citi, Credit Suisse drop China's Ucommune U.S. IPO over valuation - sources

    SYDNEY/HONG KONG (Reuters) - Citigroup Inc and Credit Suisse Group AG have dropped out of the U.S. initial public offering of Chinese shared workspace provider Ucommune, baulking at its desired valuation, two people with direct knowledge of the matter said. Earlier filings had named Citigroup and Credit Suisse, but both walked away over the past few days because they could not agree an achievable valuation with Ucommune, the people said, declining to be identified because the information was private.

  • Financial Times

    Saudi Aramco touches $2tn valuation on second day of trading

    Saudi Aramco’s shares rose 10 per cent during its second day of trading on Thursday, pushing the state oil group’s valuation above $2tn. Shares climbed by the maximum daily limit to SR38.7 before profit-taking pushed the price down, according to the website of Riyadh’s Tadawul stock exchange. for the company has long been sought by Saudi Arabia’s ambitious Crown Prince Mohammed bin Salman, and Riyadh has worked to backstop the flotation to ensure its success.

  • Financial Times

    Swiss central bank warns on climate change activism

    The Swiss National Bank warned on Thursday against the politicisation of monetary policy with climate change activism, even as it sought to damp public disquiet over its now five-year-old policy of negative interest rates. In its final quarterly monetary policy assessment of the year, the SNB said it would maintain rates at minus 0.75 per cent, warning of a highly “fragile” environment for the Swiss franc and perilous consequences for Swiss manufacturing and exporters should the currency be allowed to appreciate. Just weeks after Christine Lagarde floated the possibility of the European Central Bank taking a more active approach in combating climate change, however, the SNB rejected the notion that its financial clout should be used for anything other than monetary policy.

  • Fed 'prepared to adjust' balance sheet to prevent repo market flare-up
    Yahoo Finance

    Fed 'prepared to adjust' balance sheet to prevent repo market flare-up

    Fed Chairman Jerome Powell said Wednesday that the Fed could "adjust the details" of its balance sheet policies and repo operations to prevent another flare-up in money markets.

  • UBS Group's (UBS) Bid Dismissed in U.S. Government Lawsuit
    Zacks

    UBS Group's (UBS) Bid Dismissed in U.S. Government Lawsuit

    UBS Group's (UBS) plea to dismiss a U.S. government lawsuit accusing the bank for making investors' suffer "catastrophic" losses in residential mortgage-backed securities (RMBS) has been annulled.

  • Business Wire

    Citi Private Bank Law Firm Group and Hildebrandt Consulting Issue 2020 Citi Hildebrandt Client Advisory

    Citi Private Bank Law Firm Group and Hildebrandt Consulting today released their 2020 Citi Hildebrandt Client Advisory, which establishes the broad landscape for the law firm industry, how firms are responding to industry challenges and their best opportunities for growth in the year ahead.

  • Financial Times

    BofA chief joins chorus of bank bosses predicting strong end to year

    Bank of America chief executive Brian Moynihan has joined a chorus of US bankers predicting a strong end to the year for trading and investment banking. Mr Moynihan told investors on Wednesday that the two divisions would record higher fourth-quarter revenues than a year earlier, a day after upbeat remarks from senior executives at Citigroup, JPMorgan Chase and Goldman Sachs. fourth quarter in some of Wall Street’s biggest businesses in 2018, including double-digit percentage declines in fixed-income revenues at each of the big five banks in a period when investment banking revenues also fell for all major players except JPMorgan.

  • Why Wells Fargo’s Mike Mayo is ‘banking on tech’
    Yahoo Finance

    Why Wells Fargo’s Mike Mayo is ‘banking on tech’

    When it comes to investing in bank stocks, a flattening yield curve, Fed rate cuts and illiquid capital markets are typically considered red flags that send investors running for the hills. 

  • Morgan Stanley Slashes 2% Jobs Amid Tough Operating Backdrop
    Zacks

    Morgan Stanley Slashes 2% Jobs Amid Tough Operating Backdrop

    Morgan Stanley (MS) is reducing workforce to control expenses as its top line is likely to be under pressure in the coming days.

  • Business Wire

    Citi Leads £625MM Financing for Jaguar Land Rover Automotive with a First-Ever UK Export Finance Guarantee Issued Under its General Export Facility Program

    Citi, together with a syndicate of international banks, completed a £625 million term loan facility with Jaguar Land Rover Automotive plc in October this year. The facility is backed by a £500 million guarantee from UK Export Finance under its new General Export Facility programme (GEF).

  • Citigroup (C) Dips More Than Broader Markets: What You Should Know
    Zacks

    Citigroup (C) Dips More Than Broader Markets: What You Should Know

    Citigroup (C) closed at $75.33 in the latest trading session, marking a -0.63% move from the prior day.

  • Reuters

    UPDATE 5-Britain's Phoenix to buy Swiss Re's ReAssure business for $4.1 bln

    LONDON/ZURICH, Dec 6 (Reuters) - Phoenix Group Holdings has agreed to buy the British ReAssure business of Swiss Re for 3.2 billion pounds ($4.1 billion) in cash and shares, the UK insurer's biggest deal to date as it bulks up on policies closed to new customers. The deal comes after ReAssure, which like Phoenix specialises in closed life insurance books, shelved a planned initial public offering (IPO) earlier this year. By consolidating the closed books of business, Phoenix aims to run them more efficiently.

  • Major Regional Bank Stocks Outlook Rosy on Decent Loan Rise
    Zacks

    Major Regional Bank Stocks Outlook Rosy on Decent Loan Rise

    Major Regional Bank Stocks Outlook Rosy on Decent Loan Rise

  • Financial Times

    India’s RBI halts rate cuts after sharp rise in food prices

    India’s central bank left its benchmark interest rate unchanged on Thursday as policymakers grapple with the need to boost a slowing economy while curbing a rise in inflation that risks spurring social unrest.

  • Business Wire

    Citi Partners with Rapid Addition to Grow Market Share in FX Electronic Trading

    Citi (NYSE:C) has appointed electronic trading platform provider Rapid Addition as one of its core FIX platform partners for currency trading, based on the company’s latency performance and scalability to meet business requirements. Citi has integrated the Rapid Addition FIX engine, as well as the Rapid Addition Hub platform, in to its new pricing technology for spot foreign exchange transactions, which clients can connect to in co-locations across London, Tokyo, New York, and Singapore. The Rapid Addition FIX engine delivers market-leading speed for low latency trading, while the Rapid Addition Hub platform delivers scalability in client on-boarding and configuration.

  • The Zacks Analyst Blog Highlights: Walmart, NIKE, Citigroup, Intel and ResMed
    Zacks

    The Zacks Analyst Blog Highlights: Walmart, NIKE, Citigroup, Intel and ResMed

    The Zacks Analyst Blog Highlights: Walmart, NIKE, Citigroup, Intel and ResMed

  • Investing.com

    StockBeat: Netflix Falls on Downgrade as Analyst Says Valuation Too Hot

    Investing.com – Netflix (NASDAQ:NFLX) needs to up its subscription prices in order to justify its current valuation, which is running too hot, Citigroup (NYSE:C) said as it cut its outlook on the streaming-media giant.

  • Citigroup (C) Stock Moves -0.76%: What You Should Know
    Zacks

    Citigroup (C) Stock Moves -0.76%: What You Should Know

    Citigroup (C) closed at $74.55 in the latest trading session, marking a -0.76% move from the prior day.

  • Top Stock Reports for Walmart, Nike & Citigroup
    Zacks

    Top Stock Reports for Walmart, Nike & Citigroup

    Top Stock Reports for Walmart, Nike & Citigroup

  • Morgan Stanley Probes Alleged Mismarking in Currency Trading
    Zacks

    Morgan Stanley Probes Alleged Mismarking in Currency Trading

    Morgan Stanley (MS) is investigating alleged mismarking of securities and hence has fired four traders.

  • 3 Stocks for Value Investors to Buy as Market Reaches New High
    Zacks

    3 Stocks for Value Investors to Buy as Market Reaches New High

    The stock market closed at a record high today as the DJIA rose over 42 points and the S&P 500 gained 0.4%.