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Citigroup Inc (C.N)

C.N on New York Stock Exchange

81.12USD
17 Jan 2020
Change (% chg)

$0.12 (+0.15%)
Prev Close
$81.00
Open
$81.11
Day's High
$81.39
Day's Low
$80.81
Volume
4,638,690
Avg. Vol
4,274,747
52-wk High
$83.11
52-wk Low
$60.05

Latest Key Developments (Source: Significant Developments)

Citigroup Sets Quarterly Dividend Of $0.51 Per Share
Thursday, 16 Jan 2020 

Jan 15 (Reuters) - Citigroup Inc ::SETS QUARTERLY DIVIDEND OF $0.51PER SHARE.  Full Article

Citigroup Reports Q4 Earnings Per Share $2.15
Tuesday, 14 Jan 2020 

Jan 14 (Reuters) - Citigroup Inc ::CITIGROUP - QUARTERLY EARNINGS PER SHARE $2.15.CITIGROUP - Q4 2019 RESULTS INCLUDE BENEFIT OF ABOUT $0.25 PER SHARE FROM DISCRETE TAX ITEMS.CITIGROUP - QUARTERLY REVENUE $18.38 BILLION VERSUS $17.12 BILLION.Q4 EARNINGS PER SHARE VIEW $1.82, REVENUE VIEW $17.85 BILLION -- REFINITIV IBES DATA.CITIGROUP - QUARTER-END COMMON EQUITY TIER 1 CAPITAL RATIO OF 11.7% VERSUS 11.6% AT Q3-END.CITIGROUP - QUARTERLY OPERATING EXPENSES $10.45 BILLION VERSUS $9.89 BILLION.CITIGROUP - QUARTERLY CITIGROUP NET CREDIT LOSSES $1.94 BILLION VERSUS $1.79 BILLION.CITIGROUP - QUARTERLY TANGIBLE BOOK VALUE PER SHARE $70.39 VERSUS $69.03 IN Q3.CITIGROUP - QUARTERLY EFFICIENCY RATIO 56.9% VERSUS 56.3% IN Q3.CITIGROUP - Q4 DISCRETE TAX ITEMS OF ABOUT $540 MILLION INCLUDED ABOUT $430 MILLION BENEFIT OF REDUCTION IN CO'S VALUATION ALLOWANCE FOR DEFERRED TAX ASSETS.  Full Article

Citigroup Set To Post Record Revenues In Hong Kong - FT
Tuesday, 24 Dec 2019 

Dec 23 (Reuters) - :CITIGROUP SET TO POST RECORD REVENUES IN HONG KONG - FT.REVENUES FOR CITIGROUP'S HONG KONG FRANCHISE WERE UP 8 PERCENT YEAR ON YEAR IN THE LAST QUARTER - FT.  Full Article

Jane Fraser Named President Of Citi And Head Of Global Consumer Banking
Friday, 25 Oct 2019 

Oct 24 (Reuters) - Citi CEO Michael Corbat::JANE FRASER NAMED PRESIDENT OF CITI AND HEAD OF GLOBAL CONSUMER BANKING.CITI CEO MICHAEL CORBAT - STEPHEN BIRD HAS INFORMED ME OF HIS DECISION TO LEAVE CITI.CITI CEO- ERNESTO TORRES CANTU, CURRENTLY CEO OF CITIBANAMEX, WILL SUCCEED JANE AS CEO OF LATIN AMERICA.CITI CEO - WILL MAKE AN ANNOUNCEMENT ABOUT LEADERSHIP IN MEXICO IN NEAR FUTURE.  Full Article

Citigroup Qtrly GCB Revenues Of $8.7 Billion Remained Largely Unchanged
Tuesday, 15 Oct 2019 

Oct 15 (Reuters) - Citigroup Inc ::CITIGROUP INC - QTRLY GCB REVENUES OF $8.7 BILLION REMAINED LARGELY UNCHANGED ON A REPORTED BASIS AND INCREASED 4% IN CONSTANT DOLLARS.CITIGROUP INC - QTRLY NORTH AMERICA CITI-BRANDED CARDS REVENUES OF $2.3 BILLION INCREASED 11%.CITIGROUP - ALLOWANCE FOR LOAN LOSSES WAS $12.5 BILLION AT QUARTER END, OR 1.82% OF TOTAL LOANS, COMPARED TO $12.3 BILLION, OR 1.84% OF TOTAL LOANS.CITIGROUP - CITIGROUP'S END-OF-PERIOD LOANS WERE $692 BILLION AS OF QUARTER END, UP 2% FROM THE PRIOR-YEAR PERIOD..CITIGROUP INC - REMAIN ON TRACK TO RETURN MORE THAN $60 BILLION OF CAPITAL TO SHAREHOLDERS OVER A THREE-YEAR PERIOD WHICH ENDS NEXT YEAR.  Full Article

Citigroup Reports Q3 Earnings Of $2.07 Per Share
Tuesday, 15 Oct 2019 

Oct 15 (Reuters) - Citigroup Inc ::QUARTERLY EARNINGS PER SHARE $2.07.QUARTERLY REVENUE $18.57 BILLION VERSUS $18.39 BILLION.QUARTER-END COMMON EQUITY TIER 1 CAPITAL RATIO OF 11.6% VERSUS 11.9% AT Q2-END.QUARTERLY OPERATING EXPENSES $10.46 BILLION VERSUS $10.31 BILLION.QUARTERLY CITIGROUP NET CREDIT LOSSES $1.91 BILLION VERSUS $1.76 BILLION.QUARTERLY TANGIBLE BOOK VALUE PER SHARE $69.03 VERSUS $67.64 IN Q2.QUARTERLY EFFICIENCY RATIO 56.3% VERSUS 56% IN Q2.Q3 EARNINGS PER SHARE VIEW $1.95, REVENUE VIEW $18.55 BILLION -- REFINITIV IBES DATA.CITIGROUP SAYS ACHIEVED YTD ROTCE OF 12%, IN-LINE WITH FULL YEAR TARGET.  Full Article

Citigroup Says Qtrly ICG Revenues Of $9.5 Billion, Up 3%
Tuesday, 15 Oct 2019 

Oct 15 (Reuters) - Citigroup Inc ::CITIGROUP INC - QTRLY ICG REVENUES OF $9.5 BILLION INCREASED 3%.CITIGROUP INC - QTRLY FIXED INCOME MARKETS REVENUE OF $3.2 BILLION WERE LARGELY UNCHANGED, WITH IMPROVED ACTIVITY WITH BOTH CORPORATE AND INVESTOR CLIENTS.CITIGROUP INC - QTRLY EQUITY MARKETS REVENUE OF $760 MILLION DECREASED 4%, REFLECTING LOWER CLIENT ACTIVITY AND LOWER BALANCES IN PRIME FINANCE.CITIGROUP INC - QTRLY EQUITY MARKETS REVENUE DOWN 4%, PARTIALLY OFFSET BY STRONG CLIENT ACTIVITY IN DERIVATIVES.  Full Article

Citi And JP Morgan To Expand Advisers In Asia To Help Japanese Businesses - Nikkei
Wednesday, 28 Aug 2019 

Aug 28 (Reuters) - Nikkei::JP MORGAN TO EXPAND ITS CORPORATE JAPAN DESK ROUGHLY 20% THIS YEAR FROM CURRENT COUNT OF DOZENS; STAFF TO INCLUDE SPECIALISTS BASED IN INDIA - NIKKEI.CITI WILL ENLARGE ITS JAPAN-FOCUSED STAFF BY ABOUT 10% A YEAR - NIKKEI.  Full Article

Citigroup Sets Quarterly Dividend Of $0.51 Per Share
Thursday, 18 Jul 2019 

July 18 (Reuters) - Citigroup Inc ::SETS QUARTERLY DIVIDEND OF $0.51PER SHARE.  Full Article

Citigroup Reports Q2 Equity Markets Revenues Of $790 Million, Down 9%
Monday, 15 Jul 2019 

July 15 (Reuters) - Citigroup Inc ::CITIGROUP INC - QTRLY ALLOWANCE FOR LOAN LOSSES WAS $12.5 BILLION AT QUARTER END, OR 1.82% OF TOTAL LOANS VERSUS $12.1 BILLION, OR 1.81% OF TOTAL LOANS.CITIGROUP INC - END-OF-PERIOD LOANS WERE $689 BILLION AS OF QUARTER-END, UP 3% FROM THE PRIOR-YEAR PERIOD.CITIGROUP INC - QTRLY REVENUE UP 2% FROM PRIOR-YEAR PERIOD, REFLECTING ABOUT $350 MILLION PRE-TAX GAIN ON CITI’S INVESTMENT IN TRADEWEB.CITIGROUP INC - QTRLY ICG REVENUES OF $9.7 BILLION WERE LARGELY UNCHANGED.CITIGROUP INC - QTRLY EFFICIENCY RATIO 56%.CITIGROUP INC - QTRLY FIXED INCOME MARKETS REVENUES OF $3.3 BILLION INCREASED 8% INCLUDING THE TRADEWEB GAIN.CITIGROUP INC - EXCLUDING TRADEWEB GAIN , EARNINGS PER SHARE OF $1.83 IN QUARTER.CITIGROUP INC - QTRLY EQUITY MARKETS REVENUES OF $790 MILLION DECREASED 9%.CITIGROUP INC - QTRLY GCB REVENUES OF $8.5 BILLION INCREASED 3% ON A REPORTED BASIS AND 4% IN CONSTANT DOLLARS.CITIGROUP INC - QTRLY NORTH AMERICA CITI-BRANDED CARDS REVENUES OF $2.2 BILLION INCREASED 7%.CITIGROUP INC - "WE HAVE GOOD MOMENTUM AND SOLID GROWTH ACROSS OUR CONSUMER FRANCHISE, PARTICULARLY IN THE U.S.".CITIGROUP'S CORBAT SAYS " WE NAVIGATED AN UNCERTAIN ENVIRONMENT SUCCESSFULLY BY EXECUTING OUR STRATEGY, AND BY SHOWING DISCIPLINED EXPENSE, CREDIT AND RISK MANAGEMENT".CITIGROUP INC - IN THE ICG, TREASURY AND TRADE SOLUTIONS BUSINESS CONTINUES TO PERFORM WELL.  Full Article

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Dollar gains on positive U.S. economic data

NEW YORK The dollar gained on Thursday after multiple data releases painted a positive U.S. economic picture, reversing earlier weakness following the preliminary deal between the United States and China to de-escalate their trade war.