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Citigroup Inc (C.N)

C.N on New York Stock Exchange

70.00USD
20 Apr 2018
Change (% chg)

$-0.28 (-0.40%)
Prev Close
$70.28
Open
$70.40
Day's High
$70.84
Day's Low
$69.75
Volume
5,073,997
Avg. Vol
5,442,358
52-wk High
$80.70
52-wk Low
$57.55

Latest Key Developments (Source: Significant Developments)

Citigroup Says Credit Card Charge-Offs 2.78 Percent In March
Tuesday, 17 Apr 2018 

April 17 (Reuters) - Citigroup Inc ::CITIGROUP INC - CREDIT CARD CHARGE-OFFS 2.78 PERCENT IN MARCH VERSUS 2.57 PERCENT IN FEBRUARY.CITIGROUP INC - CREDIT CARD DELINQUENCY RATE 1.61 PERCENT AT MARCH END VERSUS 1.58 PERCENT AT FEBRUARY END.  Full Article

Citigroup Says Ratio Of CEO's 2017 Annual Compensation To Median Annual Total Compensation Of All Employees Was 369 To 1‍​‍​
Thursday, 15 Mar 2018 

March 15 (Reuters) - Citigroup Inc ::CITIGROUP - FOR 2017, MEDIAN ANNUAL TOTAL COMPENSATION OF ALL EMPLOYEES (OTHER THAN CEO) $48,249, AND ANNUAL TOTAL COMPENSATION OF CEO WAS $17.8 MILLION.CITIGROUP INC - FOR 2017, RATIO OF ANNUAL TOTAL COMPENSATION OF CEO TO MEDIAN ANNUAL TOTAL COMPENSATION OF ALL EMPLOYEES WAS ESTIMATED TO BE 369 TO 1‍​‍​.  Full Article

Citigroup Inc Declares Qtrly Dividend On Common Stock Of $0.32 Per Share
Friday, 19 Jan 2018 

Jan 18 (Reuters) - Citigroup Inc ::CITIGROUP INC - DECLARED A QUARTERLY DIVIDEND ON CITIGROUP'S COMMON STOCK OF $0.32 PER SHARE.  Full Article

Citigroup Inc Credit Card Delinquency, Charge-Off Rates for December
Wednesday, 17 Jan 2018 

Jan 16 (Reuters) - Citigroup Inc ::CITIGROUP INC - CREDIT CARD CHARGE-OFFS 2.58 PERCENT IN DECEMBER VERSUS 2.49 PERCENT IN NOVEMBER - SEC FILING.CITIGROUP INC - CREDIT CARD DELINQUENCY RATE 1.53 PERCENT AT DECEMBER END VERSUS 1.58 PERCENT AT NOVEMBER END.  Full Article

Citigroup Q4 2017 Adj Shr $1.28
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Citigroup Inc ::CITIGROUP QTRLY REPORTED LOSS PER SHARE $7.15; QTRLY ADJUSTED EARNINGS PER SHARE $1.28; QTRLY REVENUE $17.26 BILLION VERSUS $17.01 BILLION.CITIGROUP Q4 EARNINGS PER SHARE VIEW $1.19, REVENUE VIEW $17.22 BILLION -- THOMSON REUTERS I/B/E/S.CITIGROUP SAYS ONE-TIME, NON-CASH CHARGE RELATED TO TAX REFORM HAD IMPACT OF ABOUT $22 BILLION ON NET INCOME IN QUARTER.CITIGROUP - ABOUT $19 BILLION OF CHARGE IN QUARTER DUE TO RE-MEASUREMENT OF DTA FROM REDUCTION IN U.S. CORPORATE TAX RATE, SHIFT TO TERRITORIAL TAX REGIME.CITIGROUP - ABOUT $3 BILLION OF CHARGE IN QUARTER RELATED TO DEEMED REPATRIATION OF UNREMITTED EARNINGS OF FOREIGN SUBSIDIARIES.CITIGROUP - RECORDED ONE-TIME REDUCTION IN CET 1 CAPITAL OF ABOUT $6 BILLION, OR ABOUT 40 BPS IN CET1 CAPITAL RATIO, IN QUARTER DUE TO TAX REFORM.CITIGROUP - TANGIBLE BOOK VALUE PER SHARE AT QUARTER-END WAS $60.40 VERSUS $68.55 AT Q3-END.CITIGROUP QTRLY OPERATING EXPENSES $10.08 BILLION VERSUS $10.12 BILLION; QTRLY CITIGROUP NET CREDIT LOSSES $1.88 BILLION VERSUS $1.70 BILLION.CITIGROUP - AT QUARTER-END, CET1 CAPITAL RATIO WAS 12.3 PERCENT VERSUS 13 PERCENT AT Q3-END.CITIGROUP - AT QUARTER-END, SUPPLEMENTARY LEVERAGE RATIO WAS 6.7 PERCENT VERSUS 7.1 PERCENT AT Q3-END.CITIGROUP - ON TRACK TO RETURN AT LEAST $60 BILLION OF CAPITAL IN AGGREGATE TO SHAREHOLDERS DURING 2017, 2018, 2019 CCAR CYCLES.  Full Article

Citigroup Says Qtrly ICG Revenues Of $8.1 Bln Decreased 1 Pct
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Citigroup Inc ::CITIGROUP REPORTS FOURTH QUARTER 2017 FINANCIAL RESULTS.CITIGROUP INC - QTRLY GCB REVENUES OF $8.4 BILLION INCREASED 6%.CITIGROUP INC QTRLY ICG REVENUES OF $8.1 BILLION DECREASED 1%.CITIGROUP - CITIGROUP'S ALLOWANCE FOR LOAN LOSSES WAS $12.4 BILLION AT QUARTER END COMPARED TO $12.1 BILLION AT END OF PRIOR YEAR PERIOD.CITIGROUP - FIXED INCOME MARKETS REVENUES OF $2.4 BILLION IN Q4 DECREASED 18 PERCENT.CITIGROUP QTRLY EQUITY MARKETS REVENUE OF $530 MILLION, DOWN 23%.CITIGROUP - QTRLY EQUITY MARKETS REVENUE FALL PRIMARILY DRIVEN BY EPISODIC LOSS IN DERIVATIVES OF ABOUT $130 MILLION, RELATED TO A SINGLE CLIENT EVENT.  Full Article

Citigroup Says "Expanded On Efforts To Assess Pay At Citi When Comparing Women To Men, And US Minorities To Non-Minorities" - Memo‍​
Monday, 15 Jan 2018 

Jan 15 (Reuters) - Citigroup Inc ::CITIGROUP SAYS, IN MEMO TO STAFF, "EXPANDED ON EFFORTS TO ASSESS PAY AT CITI WHEN COMPARING WOMEN TO MEN, AND US MINORITIES TO NON-MINORITIES"‍​.CITIGROUP SAYS FOUND THAT WOMEN ARE PAID ON AVERAGE 99% OF WHAT MEN ARE PAID, MINORITIES ARE PAID ON AVERAGE 99% OF WHAT NON-MINORITIES ARE PAID - MEMO‍​.CITI SAYS "AS PART OF THIS YEAR’S COMPENSATION CYCLE, WE ARE MAKING APPROPRIATE INCREASES TO HELP CLOSE GAPS FOR BOTH WOMEN AND US MINORITIES" - MEMO.  Full Article

Citigroup Announces About €1.29 Bln Redemption Of 4.75 Pct Fixed Rate / Floating Rate Subordinated Notes Due Feb. 2019
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - Citigroup Inc ::CITIGROUP ANNOUNCES APPROXIMATELY €1.29 BILLION REDEMPTION OF 4.75% FIXED RATE / FLOATING RATE SUBORDINATED NOTES DUE FEBRUARY 2019.CITIGROUP INC - CASH REDEMPTION PRICE PAYABLE FOR NOTES ON REDEMPTION DATE WILL EQUAL PAR PLUS EUR 3.6 MILLION IN ACCRUED AND UNPAID INTEREST.CITIGROUP INC - CITIGROUP'S BASEL III TIER 2 CAPITAL WILL NOT BE AFFECTED BY PLANNED REDEMPTION.  Full Article

‍Citi Enters Into Dual Agreements To Integrate Full Suite Of U.S. Mortgage Products Into Single Digital Platform For Clients​
Monday, 8 Jan 2018 

Jan 8 (Reuters) - Citi::‍CITI SAYS HAS ENTERED INTO DUAL AGREEMENTS TO INTEGRATE ITS FULL SUITE OF U.S. MORTGAGE PRODUCTS INTO A SINGLE DIGITAL PLATFORM FOR ITS CLIENTS​.CITI SAYS WILL INITIATE IMPLEMENTATION OF THE NEW SOLUTIONS IMMEDIATELY, WITH FULL PRODUCTION EXPECTED IN EARLY 2019.  Full Article

Citigroup Announces Redemption Of Series AA Preferred Stock
Wednesday, 3 Jan 2018 

Jan 2 (Reuters) - Citigroup Inc ::CITIGROUP ANNOUNCES REDEMPTION OF SERIES AA PREFERRED STOCK.CITIGROUP-CO IS REDEEMING, IN WHOLE, ALL $96.8 MILLION AGGREGATE LIQUIDATION PREFERENCE OF DEPOSITARY SHARES.CITIGROUP INC - ‍CASH REDEMPTION PRICE, PAYABLE ON FEBRUARY 15, 2018 FOR EACH DEPOSITARY SHARE, WILL EQUAL $25​.CITIGROUP INC - CO'S TIER 1 CAPITAL AND TIER 1 CAPITAL RATIO WILL BE SUBSTANTIALLY UNAFFECTED BY PLANNED REDEMPTION​.CITIGROUP INC - CO'S TIER 1 CAPITAL, TIER 1 CAPITAL RATIO EXPECTED TO DECREASE BY ABOUT $96.8 MILLION AND 1 BASIS POINT, RESPECTIVELY​.  Full Article

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Two months after Parkland shooting, gun makers' stocks are rallying

SAN FRANCISCO Two months after the death of 17 people at a school shooting in Florida sparked the strongest push for gun control in years, gun makers' stocks and firearm sales have surged.