NYSE:C News 13 January 2026 - 16 January 2026

Citigroup shares rose $1.57 to $119.03 by midday Friday after quarterly profit beat forecasts, despite a $1.2 billion loss tied to its Russia exit. The bank reported $2.5 billion in fourth-quarter earnings on $19.9 billion revenue and reaffirmed its 10%-11% return on tangible common equity target. Analysts raised price targets following the results. The Federal Reserve’s Jan. 27-28 meeting remains the sector’s next focus.

Citigroup shares were flat in premarket trading Thursday after a 3.3% drop the previous session. The bank posted fourth-quarter net income of $2.5 billion, including a $1.2 billion Russia-related loss. Investors focused on cost controls, job cuts, and policy risks tied to credit cards as the bank reaffirmed its 2026 profit target.

Citigroup shares dropped 3.3% after hours Wednesday to $112.41 following fourth-quarter net income of $2.5 billion and a $1.2 billion loss tied to its Russia exit. Operating expenses rose 6% to $13.84 billion. CEO Jane Fraser told staff job cuts will continue as automation expands. Citi’s 2026 targets depend on cost reductions and steady revenue growth.

Citigroup shares fell nearly 4% to $111.93 Wednesday after reporting a $1.2 billion loss tied to its Russia exit, despite adjusted earnings per share beating forecasts. Net income for the quarter was $2.5 billion on $19.9 billion in revenue. Operating expenses rose 6% to $13.8 billion. The bank plans to cut about 1,000 jobs this week, according to a source.

Citigroup shares fell 1.2% to $116.30 in after-hours trading Tuesday after a source said the bank will cut about 1,000 jobs this week, part of a plan to reduce its workforce by 20,000 by 2026. The move comes as Citi faces a Supreme Court setback, a proposed federal credit card rate cap, and heightened investor scrutiny ahead of its fourth-quarter earnings report Wednesday.

Citigroup shares fell 0.4% to $117.27 by midday after Reuters reported plans to cut about 1,000 jobs this week. The move comes ahead of the bank’s quarterly earnings release on Wednesday. Citi said the layoffs reflect adjustments to staffing and business needs. The stock also remains under pressure from policy risks and investor scrutiny over costs.