Earnings were hurt by a higher cost of credit, including a net build of $315 million in Citi's allowance for credit losses. Chief Financial Officer Mark Mason said on an analyst call Tuesday that ...
Citigroup (C) came out with quarterly earnings of $1.51 per share, beating the Zacks Consensus Estimate of $1.34 per share. This compares to earnings of $1.52 per share a year ago. These figures ...
Citigroup earnings are due Tuesday morning, and they’re expected to show a 28% decline in quarterly earnings from a year ago as lower interest rates crimp profits and the bank continues to work ...
UPDATE: This article includes comments made during Citi's earnings call. Citigroup is not in danger of being hit with an asset cap, CEO Jane Fraser said Tuesday in response to questions from analysts ...
Citigroup beat revenue and earnings expectations, driving shares higher. Despite rising borrowing costs, increased deposits and improved loan performance are set to boost Citigroup’s net ...
Citi opened a “30-day positive catalyst watch” on shares of Abercrombie & Fitch while keeping a Buy rating on the name with a ...
Google parent Alphabet posted third-quarter earnings that topped Street expectations and showed artificial intelligence (AI) ...
A lower bar for earnings expectations means small-caps could be rewarded more than large-caps when they report results, Citi ...
Through a multiyear agreement, Citigroup is cloudifying the way it delivers software to employees, customers and its markets ...