Citigroup Drops 1.65% in Trading Volume Ranking 75th

Generated by AI AgentAinvest Market Brief
Wednesday, Mar 26, 2025 8:00 pm ET1min read

On March 26, 2025,

(C) experienced a decline of 1.65%, with a trading volume of $911 million, ranking 75th in the day's market activity.

Citigroup is projected to achieve robust earnings growth for the current fiscal year. The consensus estimate for 2025 earnings is $7.47 per share, indicating a strong financial outlook for the company.

The bank is currently offering a dividend of $0.56 per share, with a dividend yield of 3.01%. This dividend yield is competitive within the Financial - Investment Bank sector, making Citigroup an attractive option for income-focused investors.

Mitsubishi UFJ Trust & Banking Corp has increased its stake in Citigroup by 26.3% in the fourth quarter, reflecting a significant investment in the company's future prospects.

MBH Bank, the second-largest lender in Hungary, has reportedly engaged Citigroup as an advisor for a potential stake sale. This strategic move could have significant implications for both companies, potentially reshaping the financial landscape in Hungary.

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