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Shares of Citigroup fell 5% on Tuesday after the bank reported second-quarter earnings that underwhelmed investors, diverging from rival lenders whose shares rose in afternoon trading. The move was the largest decline since April 4, 2025, when Citi’s stock fell 7.8% following President Donald Trump’s sweeping tariff plan announcement. Citi reiterated its earlier full-year target of 10%-11% for return on tangible common equity, or RoTCE.

39% That is how much the combined earnings of five big banks jumped in the most recent quarter from a year ago, with JPMorgan Chase, Goldman Sachs, Bank of America, Citigroup and Wells Fargo collectively earning more than $49 billion.

US benchmark equity indexes were mostly higher intraday as traders assessed the latest inflation dat

Citigroup (NYSE:C) reported a stronger second quarter of 2026, with management pointing to broad-based revenue growth, improved returns and continued capital returns, while cautioning that second-half results could be affected by normal seasonality and a deliberate increase in investment spending.

Mike Santomassimo, the bank’s CFO, attributed the positive credit trends to the U.S. economy and consumers remaining resilient even in the face of stickier-than-expected inflation. Santomassimo attributed that sturdiness to a relatively stable jobs environment. “We are not seeing cracks,” Santomassimo said on a call with reporters.

CPI fell More Than Expected

(Bloomberg) -- As artificial intelligence, war and the specter of inflation drive investors’ exuberance and worries, Wall Street’s traders have cracked the code to come out on top every single time.Most Read from BloombergUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Trump Embraces Australian Retirement System Backed by Larry FinkUS CPI Falls for the First Time Since 2020, Core Gauge FlatA Cocaine Bust in Spain Leads All

Bank stocks were rising Tuesday morning after the nation’s largest banks reported strong second-quarter earnings due to powerhouse results from investment banking units which have reaped the benefits of a surge in dealmaking activity. “We thought the 2Q earnings were going to be very good, but they turned out to be extraordinary,” Macrae Sykes, portfolio manager of the GABF ETF at Gabelli Funds, said in a statement. The KBW Bank Index was up 1.75%, while the benchmark S&P 500 index was up 0.28%.

Citigroup (C) delivered earnings and revenue surprises of +15.81% and +4.59%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Citigroup says revenue from equities trading surged 45% to $2.3 billion in the second quarter from a year earlier. That's 11% higher than the record set in this year's opening months. Earnings per share came in at $3.15, beating all estimates. This is coverage from "Bloomberg Surveillance."

Investing.com -- Citigroup reported second-quarter earnings and revenue ahead of Wall Street expectations on Tuesday, as robust trading activity and stronger investment banking fees drove a 45% jump in profit.

Big banks so far are reporting better-than-expected results for the second quarter: Citigroup: Profit rose 45%, with revenue up 14%. Goldman Sachs: Profit jumped 78%, and revenue surged 39%. JPMorgan: Profit soared 41%, with revenue up 28% (results were boosted by a big one-time gain on its Visa stake).

US equity futures were mixed before the open Tuesday as traders await a key inflation report and qua

JPMorgan stock wavered between narrow gains and losses in premarket trade after its results showed second-quarter profit shot up 41%, helped by a one-off gain from its investment in Visa. Wells Fargo shares ticked higher before the bell after its results showed profit increased 17% from a year earlier.

In an unusual pileup, five of the biggest banks all report earnings on the same morning when usually they are a bit more spread out. We’ll be working in overdrive here for you. Here’s the schedule of what to expect (roughly): 6:45 A.

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Q2 bank earnings kick off Tuesday with the biggest names on Wall Street reporting at once, and one senior analyst thinks the results could shock even the optimists. But his most interesting call has nothing to do with JPMorgan or Goldman.

The coming batch of report cards from America’s largest banks is set to reflect that Wall Street’s core businesses are doing exceptionally well, driven by a Main Street that’s doing well enough. Strong equities-trading and investment-banking activity this spring should propel earnings at Wells Fargo, Citigroup, JPMorgan Chase, Bank of America, and Goldman Sachs, which each report within hours of each other on Tuesday. Morgan Stanley, U.S. Bancorp, and other lenders are scheduled to report in the days after.

The four largest U.S. banks and Goldman Sachs are poised to report higher profits from a year ago thanks to buoyant equity markets, a solid economy, and merger and IPO activity. JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, and Goldman are due to release their second-quarter earnings results on Tuesday in an unusually packed morning for bank investors.

Wall Street banks and smaller competitors remain attractive investment opportunities as financial in

The S&P 500 is heading into the second-quarter reporting cycle with consensus earnings growth projec

Wells Fargo, Goldman Sachs, Bank of America and JPMorgan Chase all report second-quarter earnings on Tuesday.

A big week for incoming earnings, inflation and interest rate data and commentary begins with another sell-off in South Korea and a refreshed energy shock.

(Bloomberg) -- Wall Street’s trading bonanza is poised to keep rolling. Most Read from BloombergLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Hormuz Route Open Despite Iran Declaration, Maritime Group SaysTrump Embraces Australian Retirement System Backed by Larry FinkOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleUS Renews Iran Strikes as Both Sides Dispute Hormuz StatusThe biggest US banks — set to kick off a marathon Tuesday with five of those firms reporting se

Investing.com -- Citi has increased its price target on Apple (NASDAQ: AAPL) to $365 and maintained its Buy rating on the stock in a note on Monday, citing the company's ability to gain market share in a challenging devices environment and its capacity to implement selective price increases to protect margins.

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The benchmark US equity measures were pointing lower before the opening bell Monday amid rising tens

US equity investors will focus on Q2 earnings this week, with big money-centre banks kicking off the

The group's fortunes come down to a short list of numbers -- and interest rates sit right at the top.

Global financial services giant Citigroup (NYSE:C) will be reporting earnings this Tuesday before market open. Here’s what investors should know.