Citigroup chief financial officer Mark Mason says there is a general consensus we'll start seeing rate cuts from September

Citigroup chief financial officer Mark Mason says there is a general consensus we'll start seeing rate cuts from September

Citigroup Inc. (NYSE:C) is poised to experience significant changes in its financial landscape as the company's chief financial officer, Mark Mason, predicts a general consensus of rate cuts beginning in September. This forecast comes amidst a period of heightened interest in Citigroup's stock, driven by positive analyst sentiment and increased institutional investment.

In the first quarter, hedge funds and other institutional investors demonstrated a strong appetite for Citigroup shares. Teza Capital Management LLC, for instance, acquired 11,909 shares valued at approximately $845,000, indicating a continued interest from hedge funds in the company's stock . Other notable investors such as Orion Capital Management LLC, MorganRosel Wealth Management LLC, Accent Capital Management LLC, American National Bank & Trust, and Truvestments Capital LLC also made significant purchases or increased their holdings in the company's stock .

Analysts have also shown a positive outlook towards Citigroup. Piper Sandler and Wells Fargo boosted their price targets to $104.00 and $115.00 respectively, reflecting a "Moderate Buy" rating among analysts . This positive sentiment is further bolstered by Citigroup's recent earnings report, which showed a quarterly earnings per share of $1.96, beating the consensus estimate by $0.35. Additionally, the company's revenue increased by 8.2% on a year-over-year basis, indicating robust financial performance .

Despite these positive indicators, the company faces an uncertain macroeconomic environment. Mason's prediction of rate cuts aligns with broader market expectations of a potential economic slowdown. If these cuts materialize, it could impact Citigroup's cost of borrowing and potentially affect its profitability.

Investors should keep a close eye on Citigroup's upcoming financial reports and any updates from the Federal Reserve on interest rate policies. The company's ability to navigate this changing landscape will be crucial for its future performance.

References:
https://www.marketbeat.com/instant-alerts/filing-11909-shares-in-citigroup-inc-c-purchased-by-teza-capital-management-llc-2025-09-07/