Citigroup CFO: we are seeing good fee momentum in investment banking

Citigroup CFO: we are seeing good fee momentum in investment banking

Citigroup Inc. (NYSE:C) has reported positive fee momentum in its investment banking segment, according to a recent statement from the company's Chief Financial Officer (CFO). The CFO noted that the segment is experiencing robust fee growth, driven by strong client demand and increased activity in various financial services.

The CFO's remarks come amidst a broader trend of investors continuing to add risk as bullish momentum wanes, as reported by Citigroup strategists. According to Citigroup's analysis, positioning in the S&P 500 and Nasdaq remains largely unchanged, though weekly flows indicate ongoing risk addition . The strategists also noted that the profit and loss risks from positioning are lower for the S&P 500 and Russell 2000, while the one-sided long positioning in Nasdaq shows a mildly-increased profit-taking risk, which is not considered concerning.

In addition to the positive fee momentum, Citigroup has also seen a significant increase in institutional and hedge fund holdings. Trexquant Investment LP, for instance, acquired a new position in Citigroup by purchasing 32,955 shares worth approximately $2.34 million during the first quarter . This trend is echoed by other major hedge funds, such as Goldman Sachs and GAMMA Investing LLC, which have significantly increased their stakes in Citigroup.

The company's quarterly dividend has also been increased, with Citigroup announcing a quarterly dividend of $0.60, up from $0.56, yielding an annualized dividend of $2.40 and a dividend payout ratio of 35.45% . This dividend payout ratio is lower than the average for the industry, indicating that the company has room to potentially increase dividends in the future.

Wall Street analysts have also been bullish on Citigroup, with several firms issuing "buy" or "moderate buy" ratings on the stock. The consensus target price among analysts is $96.96, with an average rating of "Moderate Buy" .

References:
https://www.investing.com/news/stock-market-news/investors-continue-to-add-risk-as-bullish-momentum-wanes-citi-says-93CH-4230792
https://www.marketbeat.com/instant-alerts/filing-trexquant-investment-lp-purchases-new-position-in-citigroup-inc-c-2025-09-04/