business / news / / Reuters
The bank also unveiled a multi-year $30 billion share buyback plan.
Citi announced a $30 billion share buyback plan starting in the second quarter of 2024.
KEY POINTS
- Citi set new long-term ROTCE targets of 14% to 15% for 2029 and 2031.
- The bank posted its highest quarterly revenue in a decade at $24.6 billion in Q1.
- Citi’s 2025 ROTCE target remains at 8.8%, despite a higher Q1 ROTCE of 13.1%.
COMPANIES
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