Citigroup Inc Stock Price, News & Analysis

Citi (NYSE:C) has released its fifth FX Vendor Review, highlighting key trends in the foreign exchange market. The review reveals high client satisfaction at 90% with primary vendors, while vendor switching has decreased significantly from 51% in 2021 to 22% in 2025.

The survey shows that 94% of clients emphasize vendor adherence to the FX Global Code, and 85% stress the importance of market impact considerations in execution tools. Despite high satisfaction, 85% of clients have requested enhancements in execution and workflow solutions. The review also identifies challenges for vendors, including rising maintenance costs and regulatory burdens affecting innovation capacity.

Citigroup (C) has announced the redemption of $650 million in Floating Rate Notes due 2026. The redemption is scheduled for July 1, 2025, with the redemption price equaling par value plus accrued and unpaid interest. This strategic move aligns with Citigroup's liability management strategy and its ongoing efforts to optimize funding and capital structure efficiency. The company will continue evaluating opportunities for security redemptions or repurchases based on factors including economic value, regulatory changes, impact on net interest margin, borrowing costs, debt portfolio tenor, capital impact, and market conditions. After the redemption date, interest will cease to accrue on these notes.

CrediLinq, an AI-powered embedded finance platform, has secured $8.5 million in Series A funding led by OM/VC and MS&AD Ventures, with participation from new investors Citi North America and Rustem Family office. The company specializes in enabling B2B platforms to offer financing solutions to SMEs through API integration and AI-powered technology. The funds will be used to: expand into the US, UK, and Australia; strengthen presence in Singapore; hire senior talent in sales, marketing, product, and tech; and enhance their technology infrastructure. CrediLinq's platform integrates with major marketplaces like Amazon, Lazada, and TikTok Shop, leveraging real-time alternative data to provide seamless credit solutions at the point of need.

Citigroup (C) has announced the complete redemption of its Series P Preferred Stock, with an aggregate liquidation preference of $2 billion. The redemption is scheduled for May 15, 2025, with a cash redemption price of $1,000 per Depositary Share.

Holders of record as of May 5, 2025, will receive the previously declared semi-annual dividend of $29.75 per Depositary Share on the redemption date. This strategic move is part of Citigroup's ongoing efforts to optimize its funding and capital structure, considering factors such as economic value, regulatory changes, net interest margin impact, borrowing costs, and overall market conditions.

Citigroup (C) announced its first quarter 2025 financial results, with detailed information available on their corporate website. The company has scheduled a conference call at 11 a.m. (ET) to discuss the results, including a webcast available for investors and analysts.

The bank, which operates in more than 180 countries and jurisdictions, positions itself as a leading banking partner for institutions with cross-border needs, a global wealth management leader, and a personal bank in the United States. The company serves various stakeholders including corporations, governments, investors, institutions and individuals with diverse financial products and services.

Citigroup has announced its quarterly dividend declarations for common and preferred stock. The company will pay a quarterly dividend of $0.56 per share on common stock, payable on May 23, 2025, to stockholders of record on May 5, 2025.

The Board also declared dividends on multiple series of preferred stock (Series P through FF) with various fixed rates ranging from 3.875% to 7.625%, all payable in May and June 2025. Preferred stock holders will receive payments ranging from $9.6875 to $29.75 per depositary receipt, with each receipt representing one-twenty-fifth of a full preferred share.

Citigroup (C) has announced the complete redemption of its $3.5 billion 3.106% Fixed Rate/Floating Rate Notes due 2026. The redemption is scheduled for April 8, 2025, with the cash redemption price equaling par plus accrued and unpaid interest.

This strategic move aligns with Citigroup's liability management strategy and ongoing efforts to optimize its funding and capital structure. The bank will continue evaluating opportunities to redeem or repurchase securities based on factors including economic value, regulatory changes, net interest margin impact, borrowing costs, debt portfolio tenor, capital impact, and market conditions.

Citi has been appointed as the depositary bank for Nightingale Health OYJ's sponsored Level 1 American Depositary Receipt (ADR) program. The company's ADRs trade on the OTCQX platform under the symbol 'NHLTY', with each ADR representing one ordinary share. The underlying ordinary shares are listed on the Nasdaq Helsinki Stock Exchange under 'HEALTH FH'.

This strategic move aims to provide U.S. investors easier access to Nightingale Health's shares, aligning with the company's global expansion strategy, particularly in the U.S. healthcare market. The partnership leverages Citi's global network through its Issuer Services business, which operates depositary receipt programs across 65 markets.

Citi has been appointed as the successor depositary bank for Prudential plc's sponsored Level 2 American Depositary Receipt (ADR) program. The ADRs trade on the New York Stock Exchange under symbol PUK, with each ADR representing two ordinary shares.

Prudential's ordinary shares are dual-listed on the London Stock Exchange (PRU LN) and Hong Kong Stock Exchange (2378). Through its Issuer Services business, Citi will provide depositary receipt services leveraging its global network across 65+ markets, covering both equity and fixed-income products.