Why Citigroup stock moves
Citigroup fell, in line with a very sharp market drop.
Written after the close on ·
Updated 02:52 with news that came after the close
Why today
16,437 news analyzed todayCitigroup fell, in line with a very sharp market drop.
Morgan Stanley, Goldman Sachs and Citi all fell about as much in a broad selloff with no company news behind it.
Citigroup's move was very big for it, about five times a normal day, and trading was well above its usual level.
Over the last five trading days, Citigroup fell sharply while the S&P 500 fell very sharply, and the financial sector ETF rose slightly.
Most likely the move reflects a wider sell-off in bank stocks and trading-heavy firms, not news about Citigroup itself.
Today's move of −5.04% was 5.3 times a normal day's 0.9%. S&P 500 moved −4.41% on the same day.
Citigroup −5.04%S&P 500 −4.41%A little weaker than the market
What analysts expect, and how often they have been right
Analysts’ estimates for Citigroup.
Citigroup earned more than expected in 7 out of 8 reports.
For comparison, about 82% of reports from US companies beat the estimate in the last three years.
The share moved in the same direction as the earnings surprise in 6 out of 8 reports with a measured move, against about 55% of reports from US companies.
Ratings
Price targets
Latest price $119.05
Earnings against expectations, and the share’s reaction
Expected EPSAbove estimateBelow estimateAs expected$
Next reported quarter: expected earnings per share of $2.30 (January 14). For the current fiscal year, expected earnings per share changed from $11.18 three months ago to $11.40 now. 2026 estimate: $11.40. 2027 estimate: $13.06.
Has the share price followed the business?
Price and earnings moved in the same direction: 2 out of 3 years. Across US companies, that happens in about 65% of years. In 2025, the price changed +66% and earnings per share +18%.
Revenue, profit and market cap
RevenueProfitMarket capHatched bars: analysts’ estimates.$B
Assets, liabilities and market cap
AssetsLiabilitiesMarket cap$B
Price and earnings moved in the same direction: 2 out of 3 years.Market cap (Now): $197.1BRevenue 2025: $85.2B
What the key figures say about Citigroup
The figures connect what Citigroup earns with what investors pay.
The line shows the share price in the same year, on its own scale. Hatched bars: analysts’ estimates.
Profit divided by the number of shares. Each share represents this much of the earnings.
2022–2025: $4.04–$7.00. Peers: Banco Santander 0.91 EUR, Wells Fargo & Company $7.09, BBVA 1.96 EUR. 2026 estimate: $11.40 ($11.22–$11.49). 2027 estimate: $13.06 ($12.60–$14.03).
What the company sold during the year.
2022–2025: $74.5B–$85.2B. Peers: Banco Santander 49.6 bn EUR, Wells Fargo & Company $83.1B, BBVA 35.6 bn EUR. 2026 estimate: $96.0B ($93.8B–$96.6B). 2027 estimate: $100.2B ($97.3B–$103.5B).
Profit as a percentage of shareholders’ money in the company.
2022–2025: 3.8%–6.8%. Peers: Banco Santander 13.1%, Wells Fargo & Company 12.9%, BBVA 19.8%.
The price investors pay for each unit of annual earnings per share. Not shown for a loss.
2022–2025: 6.5–16.7. Peers: Banco Santander 11.8, Wells Fargo & Company 11.8, BBVA 11.6. 2026 estimate: 10.4. 2027 estimate: 9.1.
What investors pay for each unit the company sells.
2022–2025: 1.18–2.39. Peers: Banco Santander 3.11, Wells Fargo & Company 3.03, BBVA 3.52. 2026 estimate: 2.05. 2027 estimate: 1.97.
Money paid to shareholders per share, summed by calendar year.
2017–2025: $0.96–$2.32.
The ordinary yearly dividend as a percentage of the share price.
2022–2025: 2.0%–4.5%. Peers: Banco Santander 2.4%, Wells Fargo & Company 2.4%, BBVA 4.3%.
More key figures
Market cap divided by shareholders’ equity, what remains after liabilities.
2022–2025: 0.44–0.96. Peers: Banco Santander 1.36, Wells Fargo & Company 1.59, BBVA 2.16.
Cash left after investments, divided by the number of shares.
2022–2025: -$42.43–$10.03.
The percentage of assets financed by shareholders’ equity.
2022–2025: 8.0%–8.9%.
The dividend explained
A dividend is money paid to shareholders. Citigroup paid $2.54 per share in the twelve months through November 5, 2026.
On the ex-dividend day, November 2, 2026, Citigroup traded without the right to the $0.67 dividend. The price went from $122.64 to $123.10; including the dividend, the day's change was +0.9%. Entitlement passes from the company to shareholders on the ex-day; payment comes later.
2017: $0.962018: $1.542019: $1.922020: $2.042021: $2.042022: $2.042023: $2.082024: $2.182025: $2.322026 so far: $2.54
What followed similar falls?
Including reinvested dividends, Citigroup fell 5.3% over the latest five trading days. Since November 4, 2016, falls at least this large were followed by a higher value 21 trading days later in 26 out of 49 non-overlapping periods. The median was +0.6%, against +1.5% for an ordinary 21-day period, which ended higher 57 times in 100.
Such a fall has not said much about the next month.
+0.6% · 26/49
What to watch next, and why
The earnings report shows how Citigroup's revenue and profit have changed.
- Earnings report
The earnings report shows how Citigroup's revenue and profit have changed.
Add to calendar
Earnings report
Next report: · Add to calendar · Google Calendar
On its last 15 report days Citigroup usually moved about 3.7%. On a normal day it moves 0.9%.
−5.60% Why? −5.29% +2.61% −3.34%
$10,000 in Citigroup bought on November 7, 2016 is worth $32,000 today, with dividends reinvested.
The same amount in S&P 500 with dividends would have become $40,300.
What would $10,000 in Citigroup be worth today? →
What would $10,000 in Citigroup be worth today?
$32,000
with dividends reinvested, bought on November 7, 2016. The same amount in S&P 500 with dividends would have become $40,300.
At worst it was worth $7,630 (March 23, 2020).
The five biggest days of the journey
· −19.3% · the whole market fell 12.0% the same day
· +18.0% · the whole market rose 9.3% the same day
· −16.2% · the whole market fell 7.6% the same day
· +14.9% · the whole market rose 9.4% the same day
· −14.8% · the whole market fell 9.5% the same day
Earlier days
−2.40% market −2.70% Citigroup fell slightly over the week, moving in line with a sharp drop in the broad US market. Read →
Citigroup fell slightly over the week, moving in line with a sharp drop in the broad US market.
On Thursday, a broad selloff hit Wall Street banks, and Citigroup fell alongside peers such as Morgan Stanley and Goldman Sachs, with no company news behind it.
Citigroup held up better than its sector, which rose slightly over the same days.
The next earnings report, the company's quarterly results, is due on Thursday 14 January 2027.
+1.65% market +1.65% Citigroup rose, moving in line with the market. Read →
Citigroup rose, moving in line with the market.
No company news from that session clearly explains the rise.
Over the last five trading days it rose slightly while the S&P 500 fell slightly, so it moved against the market.
Trading volume was about twice a normal session, which suggests heavy buying interest.
Its latest close sits well below its high from late June and well above its low from mid November last year.
+0.92% market −0.48% Citigroup rose, while the S&P 500 fell slightly. Read →
Citigroup rose, while the S&P 500 fell slightly.
The shares moved against the broader market, though the sector rose sharply.
No company-specific news clearly explains the move; the stock moved less than its sector.
Over the last five trading days, Citigroup rose slightly while the S&P 500 fell clearly.
The move was an ordinary one for Citigroup, within its usual daily range.
−2.48% market −1.77% Citigroup fell sharply. Read →
Citigroup fell sharply.
No company news explains the drop clearly.
Over the last five trading days, Citigroup rose slightly while the S&P 500 fell slightly, so it moved against the market.
The session saw trading about twice its usual level, a sign of heavy activity.
Citigroup's next earnings report, its quarterly results, is due on Thursday 14 January 2027.
+1.67% market −0.56% Citigroup rose slightly over the week's trading days. Read →
Citigroup rose slightly over the week's trading days.
The S&P 500 fell slightly over the same days, so the stock moved against the broader market.
The Financial Services sector fund rose slightly, so Citigroup moved a bit more than its sector.
Trading in the stock was heavier than usual, roughly double a normal session.
+1.33% market −0.38% Citigroup rose clearly without company news explaining it. Read →
Citigroup rose clearly without company news explaining it.
The S&P 500 fell slightly that day, so Citigroup moved against the market.
Its sector ETF rose sharply, so the move matched its sector.
Over the last five trading days, Citigroup rose clearly, outpacing both the S&P 500 and its sector ETF, which rose only slightly.
Trading volume was around its usual level.
+1.16% market +0.34% Citigroup rose, while the S&P 500 rose only slightly. Read →
Citigroup rose, while the S&P 500 rose only slightly.
No company news from that session explains the move.
Over the last five trading days the stock was roughly unchanged, as were the market and its sector.
The move was an ordinary day for Citigroup, with trading around its usual level.
The stock sits well above last November's low and below last June's high.
+1.36% market +0.56% Citigroup rose without a company-news explanation. Read →
Citigroup rose without a company-news explanation.
The stock rose more than the S&P 500, which also rose clearly, while its sector ETF fell slightly.
Over the last five trading days the shares were roughly unchanged, as was the market.
Earlier news included new structured notes and a carbon removal bond, but these are routine and unlikely to explain the move.
Next up is the earnings report on Thursday 14 January 2027.
+0.35% market +0.71% Citigroup rose with the market. Read →
Citigroup rose with the market.
The S&P 500 rose clearly that day, so Citigroup lagged the broad market.
Over the last five trading days the stock was roughly flat, as was the S&P 500, while the Financial Services sector ETF, a fund tracking financial companies, rose clearly.
Next, Citigroup reports quarterly earnings on Thursday 14 January 2027.
−1.54% market −0.52% Citigroup fell clearly, along with a sharp drop in its sector. Read →
Citigroup fell clearly, along with a sharp drop in its sector.
Citigroup fell clearly while the S&P 500 also fell clearly, so the move was broadly in line with the market.
No company news explains the move.
Over the last five trading days it fell clearly, while the market fell slightly and its sector rose slightly.
Citigroup's earnings beat expectations last week, but that came before the last session.
−2.93% market −0.43% Citigroup fell clearly over the last five trading days, more than the broader market, which fell only slightly. Read →
Citigroup fell clearly over the last five trading days, more than the broader market, which fell only slightly.
The shares moved against their sector, which edged up.
Likely drivers include the company's third-quarter results, which beat expectations and were published last week, and news that Citigroup won approval to expand its securities operations in China, reported today.
Trading volume was around its usual level, so the drop was not driven by unusual activity.
−2.07% market +0.42% Citigroup fell sharply, while the broad market rose slightly, so the drop looks company-specific. Read →
Citigroup fell sharply, while the broad market rose slightly, so the drop looks company-specific.
No company news explains the move.
The most likely reason is that investors had just digested Citigroup's third-quarter results, which beat expectations last week, and some may have taken profits.
Over the last five trading days the shares fell sharply, a much bigger move than the S&P 500's clear decline, and the financial sector ETF (a fund that tracks the sector) was roughly flat.
That fall was a big move for Citigroup, roughly three times its usual five-day swing.
+0.85% market −1.11% Citigroup edged up, an ordinary move, with no company news explaining it. Read →
Citigroup edged up, an ordinary move, with no company news explaining it.
Over the last five trading days Citigroup fell clearly, as did the S&P 500, while the financial sector ETF rose clearly, so the stock lagged its sector.
The earnings report published earlier this week beat expectations, the most relevant backdrop.
The next report is due Thursday 14 January 2027.
−4.15% market −1.97% Citigroup fell sharply over the last five trading days, falling more than the broader market and moving against its financial services sector, which rose clearly. Read →
Citigroup fell sharply over the last five trading days, falling more than the broader market and moving against its financial services sector, which rose clearly.
The main driver appears to be the company's third-quarter results, released earlier this week, which beat expectations on strong performance in its markets and services businesses and showed its best third-quarter revenue in a decade; still, the share price drop suggests investors focused on other concerns.
Over the same days the S&P 500 fell clearly, so part of the weakness likely reflects broader market selling.
Next, the company's next earnings report is due on Thursday 14 January 2027.
−1.81% market −1.08% Citigroup fell clearly, moving more than both the broader market and its financial sector. Read →
Citigroup fell clearly, moving more than both the broader market and its financial sector.
The stock also fell clearly over the last five trading days, while the Financial Services sector rose clearly, so it lagged its peers.
Those results came out after the last session had opened, so they did not drive that session's decline.
The sell-off more likely reflected the weakness in the wider market, with some investors also weighing whether the shares had become expensive after their strong multi-year run.
The next thing to watch is how the stock trades now that the results are absorbed, ahead of its next earnings report on 14 January 2027.
−5.60% market −0.01% Citigroup fell very sharply on its earnings day. Read →
Citigroup fell very sharply on its earnings day.
Over the last five trading days Citigroup fell clearly while the broad market was roughly flat and the financial sector rose, so the weakness was specific to the bank rather than the market or its sector.
The likely driver was its third-quarter earnings release, which landed that day: profit and revenue both grew strongly, with standout gains in services, equities and banking, and management pointed to its best third-quarter revenue in a decade and a higher return target.
Even so, the stock dropped hard, which suggests investors had already priced in a lot of good news and reacted to softer details or to the scale of the investments being pulled forward toward its return goals.
Watch whether the pull-forward spending and the path to its near-term return target draw further analyst revisions in the coming days.
+1.76% market −0.06% Citigroup rose sharply, helped by regulatory progress talk. Read →
Citigroup rose sharply, helped by regulatory progress talk.
Citigroup rose clearly over the last five trading days, outpacing a slightly higher market and moving in line with a clearly higher financial sector, with the sharpest gain coming in the latest session.
A target-price cut from UBS Group, which trimmed its view while keeping a neutral stance, likely capped some of the enthusiasm, and the rebound in return on tangible common equity — a profitability measure showing how well shareholder capital is used — partly supported the longer-term case.
Watch tomorrow's earnings report, which the data names as the next scheduled event.
Learn more · Why does a stock fall on the ex-dividend date? · Why do stocks go up and down?