Citigroup Inc. (C)
After hours:
| Previous close | 62.26 |
| Open | 61.91 |
| Bid | 0.00 x 800 |
| Ask | 0.00 x 900 |
| Day's range | 61.29 - 62.33 |
| 52-week range | 38.17 - 63.90 |
| Volume | |
| Avg. volume | 15,327,663 |
| Market cap | 116.981B |
| Beta (5Y monthly) | 1.50 |
| PE ratio (TTM) | 17.88 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 2.12 (3.46%) |
| Ex-dividend date | 03 May 2024 |
| 1y target est | N/A |
- Reuters
Wells Fargo investors approve executive pay, CEO underscores risk controls
Wells Fargo shareholders on Tuesday approved its plans for executive compensation with a majority vote, including hiking CEO Charlie Scharf's 2023 package to $29 million. Scharf told investors at the bank's annual meeting that it is investing in risk and control infrastructure, which became top priorities after a 2016 scandal in which employees had opened millions of fraudulent accounts, often to meet sales goals. "Our control environment has become increasingly stronger to numerous internal metrics and shows that the work is clearly improving in our control environment but we will not be satisfied until all of our work is complete," Scharf said.
- Reuters
UPDATE 2-Citi CEO says US consumers are more cautious, emphasizes bank overhaul
Citigroup CEO Jane Fraser told shareholders on Tuesday that U.S. consumers are becoming more cautious with their spending and making smaller purchases. "Consumers remain healthy and resilient," Fraser said at the bank's annual meeting on Tuesday.
- Reuters
Citi CEO says US consumers are more cautious, emphasizes bank overhaul
NEW YORK (Reuters) -Citigroup CEO Jane Fraser told shareholders on Tuesday that U.S. consumers are becoming more cautious with their spending and making smaller purchases. U.S. borrowers earning lower incomes are increasingly struggling to keep up with loan payments, prompting banks to become more cautious about issuing credit cards and car loans. "Consumers remain healthy and resilient," Fraser said at the bank's annual meeting on Tuesday.
