Citigroup Inc. (C) Stock News

News

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  Benzinga ‧ 2026/11/13

  11 AI Stocks to Buy on Dips: 'Don't Waste a Good Sell-Off,' Analyst Says

  HSBC argues that the correction in equity markets is "overdone," and names 11 Buy-rated AI stocks to buy on the dip.

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    ORCL$129.65+0.85%
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    GOOGL$295.73-0.97%
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    C$124.00-0.85%
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  Massive ‧ 2026/11/12

  Nvidia CEO Resigns: What It Means for Your Shares

  Nvidia CEO Jensen Huang resigned following controversies over personal conduct and concerns about chips reaching China through a Singapore customer. CFO Colette Kress will serve as interim CEO while the board searches for a permanent replacement. Though the stock fell 7% on the news, analysts believe the sell-off may be overdone, as Nvidia's near-term revenue is secure due to existing orders and planned products. Key risks include potential export policy changes and reduced pricing power as major customers develop their own chips.

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    NVDA$169.75+1.40%
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    AMD$573.42-1.63%
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    C$124.00-0.85%
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  Massive ‧ 2026/11/12

  Citigroup (C) Up 1.6% Since Last Earnings Report: Can It Continue?

  Citigroup reported Q3 2026 EPS of $2.85, beating the consensus estimate of $2.66, with net income up 39.8% year-over-year. Revenues reached $23.85 billion, the highest third-quarter in a decade, driven by higher net interest income and growth across core businesses. However, the company's capital ratios weakened and credit loss provisions increased. Management raised 2026 guidance for NII growth and efficiency ratio targets, while maintaining a Zacks Rank #2 (Buy) rating.

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    C$124.00-0.85%
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  Massive ‧ 2026/11/12

  C Trades at a Discount to Industry: Right Time to Buy the Stock?

  Citigroup (C) trades at an attractive P/E of 9.64X, below industry average of 12.35X. The bank is executing a multi-year transformation including divestitures of non-core businesses, workforce optimization targeting $2-2.5B in annual savings, and technology investments. Earnings are projected to grow 43.5% in 2026 and 14.7% in 2027, supported by resilient net interest income and strong capital position. The stock has outperformed peers year-to-date and carries a Zacks Rank #2 (Buy) rating.

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    C$124.00-0.85%
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    BAC$51.01+0.87%
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    WFC$86.04+0.34%
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  Massive ‧ 2026/11/11

  Crypto Market Today, Nov. 11: 2. Bitcoin Climbs Back Above $74,000 as Wall Street's Crypto Outlook Begins to Shift

  Cryptocurrency markets rebounded on November 11, with Bitcoin climbing to $74,621.63 (+1.24%), Ethereum gaining to $2,077.30 (+1.30%), and Solana advancing to $84.87 (+1.94%). The recovery was driven by easing selling pressure from spot Bitcoin ETFs and new institutional disclosures showing major Wall Street banks increasing their cryptocurrency holdings. Barclays increased its BlackRock Bitcoin ETF position by 48% to $187 million, while Citigroup disclosed a new $119 million position in Fidelity's Bitcoin ETF.

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    C$124.00-0.85%
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  Massive ‧ 2026/11/11

  COLB's $1.2B Buyback Plan Highlights Strong Capital Returns After Q3

  Columbia Banking System (COLB) authorized a $1.2 billion share repurchase program after completing its previous authorization, having repurchased 23.3 million shares and returned over $1 billion to shareholders in the past year. The company's strong capital position, with a CET1 ratio of 11.5% and deposits of $52.7 billion, supports continued shareholder returns through buybacks and dividends. Peer banks Citigroup and Bank of America also reported significant capital distribution activities in Q3 2026.

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    COLB$30.62+0.11%
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    C$124.00-0.85%
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    BAC$51.01+0.87%
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  Massive ‧ 2026/11/11

  JPMorgan Partners With OpenAI: What It Means for JPM's AI Strategy

  JPMorgan has partnered with OpenAI to access Codex coding tools and cybersecurity models to accelerate software development, boost productivity, and strengthen cyber defenses. While the collaboration could enhance operational efficiency and competitive positioning, JPM's $19.8B technology budget and additional AI integration costs may delay the realization of efficiency gains. The bank's peers Bank of America and Citigroup are also leveraging AI to improve operational efficiency.

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    BAC$51.01+0.87%
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    C$124.00-0.85%