C
Citigroup Inc.
September 22, 2026 · pre-market
- Rarity
- 1.16
- Peak move
- −3.15%
- Float cap
- $235.2B
Citigroup Inc. is a global diversified financial services holding company. It provides consumers, corporations, governments, and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, trade and securities services, and wealth management. The company operates in nearly 160 countries and jurisdictions.
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What we found
16 events · 0 from SEC or newswire · 0 timed with the moveexecutive_remarkCitigroup CFO Gonzalo Luchetti said at the Barclays Global Financial Services Conference that third-quarter investment banking revenue should rise low single digits and trading revenue mid single digits year over year.
peer_disclosureJPMorgan co-president Doug Petno said the bank expects third-quarter investment banking revenue up mid-to-high teens and trading revenue up mid-teens, while Bank of America CEO Brian Moynihan guided to IB fees of $1.6bn-$1.8bn, down 10%-20%.
executive_remarkCitigroup CEO Jane Fraser told Panamanian President José Raúl Mulino in New York that the bank is 'here to support Panama,' offering financing and investor connections for Canal projects estimated at $8.5 billion.
executive_remarkCitigroup CEO Jane Fraser said at the Qatar Economic Forum in New York that companies face a 'tsunami of patching' against AI-driven cyber attacks, citing Anthropic's Mythos model, and said the AI bottleneck has moved from chips to energy.
peer_disclosureHuntington Bancshares cut its 2027 EPS guidance to $1.75-$1.83 and its 2026 net interest income growth outlook to roughly 35% at a Barclays conference.
debt_financingCitigroup raised $12 billion in its largest-ever US dollar bond sale, across four tranches of 5.266% notes due 2029, floating-rate notes due 2029, 5.583% notes due 2032 and 5.86% notes due 2037, with peak demand of about $40 billion, roughly 3.3x covered.
institutional_flowGuruFocus reported that of 25 tracked investment firms holding Citigroup, 20 trimmed their positions and 3 added shares, with $23.0 million of insider sales over the prior 12 months.
executive_appointmentCitigroup appointed Yik Ping Chong as head of Citi Commercial Bank in Malaysia, effective immediately.
macro_dataThe Federal Reserve raised interest rates in its first hike since 2023, tightening credit markets before Citigroup's record bond sale, with high-grade average spreads falling to 77 basis points.
macro_dataThe Federal Reserve raised its benchmark rate 25 basis points to 3.75%-4% on Sept 16, its first hike since July 2023, in a unanimous vote.
pricing_changeJPMorgan, Bank of America, Citigroup, Wells Fargo, KeyCorp, Huntington, Fifth Third and Truist raised their prime lending rate to 7.00% from 6.75%, effective Thursday.
spinoff_divestitureCitigroup CFO Gonzalo Luchetti said the bank now owns roughly 51% of Mexico's Banamex after its latest stake sale, expects deconsolidation in early 2027 with about $9 billion in currency translation adjustment losses.
peer_disclosureBank of America said it expects third-quarter investment banking fees to fall at least 10% year over year while sales and trading revenue is expected to be flat.
executive_remarkCitigroup CFO Gonzalo Luchetti said the bank now expects full-year ROTCE slightly above the top end of its 10%-11% guidance range and will pull forward about $500 million of investments into the rest of 2026.
buybackCitigroup CFO Gonzalo Luchetti said the bank expects to buy back more shares in 2026 than the roughly $13 billion repurchased in 2025.
analyst_ratingGoldman Sachs analyst Richard Ramsden maintained a Buy rating on Citigroup with a $175 price target, and Morgan Stanley maintained Buy with a $164 target.