Citigroup

C

Market cap $201B

U.S. banks including JPMorgan Chase and Citigroup showed no signs of capitulation to President Donald Trump's mandate of a 10% cap on credit card interest rates. Five days after the original threat, bankers and their lobbyists told CNBC that they have yet to receive any formal or written guidance from the Trump administration about the policy.

A number of big bank stocks slid Wednesday as the latest slate of earnings reports failed to reverse their recent slide.

C tops Q4 earnings on strong Y/Y NII growth, but higher expenses and a weak capital position pushed the stock down nearly 4% early.

JPMorgan Chase (JPM) reported a 7% Q4 profit decline due to Apple Card charges and lower investment banking fees. Despite the profit dip, JPM's full-year revenue grew 3% to $182.4 billion, with optimism about the U.S. economy. JPM's 2025 profit reached $57 billion, just below last year's record $58.5 billion for any American bank.

Last year saw merger and acquisition (M&A) deals climb to an almost record high. That, in turn, led to record revenues for Citigroup, according to fourth-quarter 2025 earnings results reported by the bank Wednesday (Jan. 14).

David Bianco, Americas CIO at DWS Group, joins 'Money Movers' to discuss bank earnings, market themes, and more.

Pre-markets started today's early session slightly in the red, and have slid a tad deeper upon economic reports out an hour ahead of the opening bell. Currently, the Dow is -150 points, the Nasdaq is -140 and the S&P 500 is -28.

CNBC's Leslie Picker joins 'Money Movers' to discuss the latest on bank earnings.

Citigroup Inc (NYSE:C) shares fell more than 3% on Tuesday after the bank reported fourth quarter 2025 revenue that fell short of expectations, weighed down by lower non-interest income and a $1.2 billion pre-tax loss from its planned exit from Russia. The bank posted net income of $2.5 billion, or $1.19 per diluted share, on revenue of $19.9 billion, missing analysts' revenue estimate of $20.5 billion.

While the top- and bottom-line numbers for Citigroup (C) give a sense of how the business performed in the quarter ended December 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.