Citigroup stock drops after earnings: Russia hit, cost cuts in focus
New York, Jan 14, 2026, 11:57 a.m. EST — Regular session ongoing. Citigroup shares dropped Wednesday following the release of its fourth-quarter results, as investors balanced gains from dealmaking-driven revenue against losses linked to its planned exit from Russia. The stock slid roughly 3.8% to $111.93, trading within a range of $118.50 to $111.93. The reaction is crucial as major U.S. banks shape early-year risk appetite, with Citi’s stock standing out as one of the sector’s more notable turnaround plays. Traders are looking for evidence that higher investment banking and services fees can balance out the challenges of managing a