Group 1: Citigroup and Banamex Divestiture - Citigroup is nearing a deal to sell stakes in its Mexican consumer banking arm, Banamex, to Blackstone and the Co-CEOs of Televisa, following a previous $2.3 billion sale of a 25% stake to Fernando Chico Pardo in late 2025 [2][10] - This divestiture is part of CEO Jane Fraser's strategy to simplify the bank's global footprint and focus on higher-return institutional businesses, with plans for an initial public offering (IPO) for the remaining portion of Banamex in 2026 [3][10] - The Banamex divestiture remains a core strategic priority for Citigroup as it prepares for the full IPO expected later in 2026 [10] Group 2: DeepSeek V4 and Nasdaq Valuations - The anticipated release of DeepSeek V4, a new large language model from a Chinese AI firm, is expected to challenge the high-margin hardware model currently dominated by Nvidia, potentially leading to a rough period for Nasdaq tech stocks [4][10] - Analysts warn that if DeepSeek demonstrates that advanced AI can be run on significantly cheaper hardware, it could trigger a valuation correction for major tech stocks like Microsoft and Alphabet [5] Group 3: Eurozone Inflation Divergence - The European Central Bank (ECB) faces a policy dilemma as inflation trends diverge in Germany and France, complicating the maintenance of a unified interest rate policy for the Eurozone [6][7] - Germany is experiencing persistent price pressures, while France's inflation has dipped below the ECB's 2% target, suggesting a need for monetary easing to prevent economic slowdown [6][7]

A Boeing 737 Southwest Airlines passenger aircraft pictured at LaGuardia Airport in New York on Feb. 22, 2026. Boeing and Vertiv were among the top stocks bought by hedge and mutual-fund managers so far this year. - Charly Triballeau/Agence France-Presse/Getty Images Industrials, financials and a solidly-performing AI pick and shovel made up a handful of companies that mutual funds and hedge funds have been in lockstep agreement on in early 2026. That’s according to Goldman Sachs strategists, who analyze ...

来源：滚动播报 花旗集团策略师表示，在美股四季度业绩表现强劲后，从盈利预期与市场广度扩散来看，美股今年有望 迎来积极走势。 由斯科特・克罗纳特牵头的团队指出，四季度盈利向好、销售额增速加快，进一步支 撑了他们高于市场普遍预期的年度观点。 团队称，2026年全年指数层面盈利预期保持稳定，这是一个 积极信号。"鉴于权重极高的科技板块预期增长路径，人工智能对指数盈利测算的影响依然至关重 要。"他们表示。 ...

智通财经APP获悉，花旗发布研报称，农历新年黄金周的首七日，澳门旅客人次达121.25万人。其中， 2月19日单日的访客量达22.79万次，创历史单日新高。内地旅客占总访客量约76.9%，而香港旅客则占 约16.5%。该行认为，澳门的旅客趋势正面，并符合澳门旅游局的预测。 花旗对澳门今年2月的博彩收入预测为200亿澳门元，同比增长1%，达到2019年2月约79%水平。具体而 言，该行预期澳门在2月19日至23日期间的日均博彩收入约为11亿澳门元，而2月其他日子日均博彩收入 则预计约7.5亿澳门元。 ...

Group 1 - Billionaire Stanley Druckenmiller is increasing his investments in Alphabet (GOOGL) by 277% to 385,000 shares and Amazon (AMZN) by 69% to 737,940 shares [1] - Druckenmiller has completely exited positions in Citigroup (C), Bank of America (BAC), and Capital One (COF), selling 989,250 shares of BAC, 514,850 shares of C, and 43,920 shares of COF [2] - Other notable stocks sold by Druckenmiller include Meta Platforms (META), Dick's Sporting Goods (DKS), and Texas Roadhouse (TXRH) [2] Group 2 - New acquisitions by Druckenmiller include Delta Air Lines (DAL), Goldman Sachs (GS), and Zillow (Z) [3] - The Duquesne Family Office's total worth is just under $4.5 billion, an increase of nearly $500 million from the previous quarter [3]

Financial Performance - Citigroup reported net income of $14.3 billion, or $6.99 per share, in 2025, compared to $12.7 billion, or $5.94 per share, in the prior year, reflecting a 12.6% increase in net income[37]. - Citigroup's net income for 2025 was $16.1 billion, or $7.97 per share, representing a 13% increase from the prior year[38]. - Citigroup's net income attributable to common shareholders increased to $14,306 million in 2025, compared to $12,682 million in 2024, marking a growth of 12.8%[68]. - Net income from continuing operations was $14.455 billion, reflecting a 13% increase compared to 2024, with notable growth in Banking and Wealth segments[90]. - Net income for 2025 reached $1.49 billion, representing a 49% increase compared to 2024[150]. - Net income increased by 124% to $3.1 billion[168]. - Net loss for 2025 was $4.5 billion, compared to a net loss of $2.4 billion in 2024, representing an increase of 83%[197]. Revenue Growth - Revenues for Citigroup in 2025 were $85.2 billion, a 6% increase year-over-year, driven by an 11% rise in net interest income[39]. - Total revenues, net of interest expense, rose to $85,225 million in 2025, up 5.6% from $80,722 million in 2024[68]. - Total revenues increased by 32% to $8.215 billion, driven by growth in Investment Banking and Corporate Lending[134]. - Total revenues increased by 14% to $8.56 billion, driven by growth in Citigold, the Private Bank, and Wealth at Work[151]. - Total revenues decreased by 41% to $4.4 billion in 2025, driven by lower revenues in Corporate/Other and Legacy Franchises[197]. Operational Metrics - Average loans increased by 5% to $716 billion in 2025, primarily due to growth in Markets, USPB, and Services[40]. - Average deposits rose by 4% to approximately $1.4 trillion, mainly driven by an increase in Services[41]. - Average loans across business lines increased to $93 billion, a 9% rise from the previous year, with TTS loans specifically growing by 10%[97]. - Average loans decreased to $82 billion, a 7% decline compared to 2024[130]. - Average mortgage loans increased by 14% to $49 billion[171]. Expenses and Provisions - Operating expenses were $55.1 billion, up 3% from the previous year, influenced by higher compensation and technology investments[42]. - Total operating expenses increased by 7% to $14.08 billion, primarily due to higher compensation and benefits[122]. - Provisions for credit losses were $10.3 billion, reflecting net credit losses of $9.1 billion, a 1% increase from the prior year[44]. - Provisions for credit losses were $720 million, reflecting a net ACL build of $636 million and net credit losses of $84 million[138]. - Provisions for credit losses were $1.5 billion, reflecting a 24% increase in net credit losses to $1.2 billion, driven by higher consumer lending volume[203]. Capital and Equity - The Common Equity Tier 1 (CET1) Capital ratio was 13.2% as of December 31, 2025, down from 13.6% the previous year[47]. - Citigroup's balance sheet overview indicates a strong capital position, supporting ongoing investments and strategic initiatives[14]. - Common equity increased by $1.5 billion, or 1%, to $14.3 billion, driven by $14.3 billion in net income and a $1.7 billion increase from the 25% Banamex equity interest sale[86]. - The company completed the sale of 25% of Banamex's outstanding common shares, increasing stockholders' equity by approximately $1.7 billion[182]. Strategic Initiatives - The company made significant progress on its strategic priorities in 2025 and early 2026, indicating improved business performance[37]. - Citigroup's transformation strategy aims to position the company as a leader in wealth management and a valued personal bank in the U.S.[10]. - The divestiture of Banamex remains a strategic priority, with plans for an IPO and additional private sales[180]. - The company has exited nine markets as part of its strategic refresh, including substantial wind-downs in China and Russia[194]. Market Presence - The company is focused on expanding its market presence in nearly 160 countries and jurisdictions, enhancing its global footprint[9]. - Citigroup's transformation-related expenses increased by 14% to approximately $3.3 billion in 2025, driven by investments in data and controls[56]. Efficiency Metrics - The efficiency ratio improved to 64.7% in 2025, down from 66.4% in 2024, indicating better cost management[71]. - The efficiency ratio improved to 51%, down from 54% in 2024, indicating better cost management[95]. - Efficiency ratio improved to 54%, down from 72% in the previous year[134]. - Efficiency ratio improved to 76%, down from 85% in the previous year[150].

Key Takeaways Citigroup reported a January delinquency rate of 1.46%, up from December but below prior-year levels.Net charge-offs fell to 2.03%, while receivables declined sequentially and year over year.Management sees 2026 NCL for Branded Cards at 3.50%-4%, signaling ongoing credit normalization pressure.Citigroup Inc.’s (C) subsidiary, Citibank N.A., reported mixed credit card performance for January 2026 in its latest SEC filing. For the period ending January 2026, the Citibank Credit Card Master Trust ...

Citi Wealth has named Chad Reddy as the new North America market executive – West for Citi Private Bank. In this position, Reddy will be responsible for overseeing the private bank’s operations in the Western US. Reddy has more than 25 years of experience in the wealth management sector. He joins Citi from Bank of America Private Bank, where he held several senior roles, such as market leader and market trust executive for the Western Division. His previous experience also includes nearly 14 years at ...

Group 1 - Citigroup suggests that smaller companies, cyclicals, and bonds will provide protection for investors amid uncertainties in the AI market [1] - The recommendation emphasizes a shift towards sectors that may be less affected by the volatility associated with AI developments [1] - The analysis indicates that traditional investment strategies focusing on smaller and cyclical companies could yield better stability in the current market environment [1]

SoFi's growth story keeps unfolding, but there's another bank stock with further upside potential as well.Investors may have decided to "sell the news" on SoFi Technologies (SOFI 1.30%). However, while shares could stay in a slump in the near term, the digital-first bank's growth story remains intact.SoFi's membership growth continues at a moderate pace. This points to further revenue growth at a moderate pace, and to even more rapid earnings growth. In turn, this could help SoFi sustain its elevated valuat ...