Citigroup’s fourth-quarter results just landed. The bank swung to a profit, boosted by stronger revenue in divisions including equity markets and investment banking. Some key numbers: Net income came in at $2.

JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.

Wall Street analysts are betting Citigroup will miss a critical long-term target, heaping pressure on chief executive Jane Fraser to prove her sweeping overhaul will succeed in turning around one of America’s biggest banks.

Citigroup is set to report its fourth-quarter earnings Wednesday morning ahead of Wall Street's opening bell. Here are some of the key metrics to watch and what analysts are expecting from the bank, according to LSEG: Earnings per share: $1.22

Financial stocks had among the biggest gains among the S&P 500 ‘s 11 sectors in afternoon trading Wednesday, as shares of Citigroup Inc. and Wells Fargo & Co. each jumped more than 7%, according to FactSet data,

Bank of America made $6.7 billion of profit in the fourth quarter of 2024, more than doubling earnings from a year earlier and beating analysts’ estimates of $6 billion. The second-largest U.S. lender by assets posted per-share earnings of 82 cents,

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

Goldman beat EPS expectations by a wide margin, with Q4 results 45.6% above the FactSet consensus. That was the biggest EPS beat since the Q4 of last year, when EPS of $5.48 was 51.4% above the FactSet consensus of $3.