10:07 AM EST, 01/15/2025 (MT Newswires) -- (Updates with additional details, adds fifth paragraph and latest stock movement in the sixth paragraph.)

Citigroup ( C ) reported Q4 earnings Wednesday of $1.34 per diluted share, swinging from a loss of $1.16 a year earlier.

Analysts polled by FactSet expected $1.22.

Total revenue, net of interest expense, for the quarter ended Dec. 31, expressed as the sum of net interest income and total noninterest income, was $19.58 billion, compared with $17.44 billion a year earlier.

Analysts surveyed by FactSet expected $19.51 billion.

Citigroup ( C ) added its board authorized a new multi-year $20 billion common stock buyback plan, starting in Q1.

Shares of Citigroup ( C ) were up nearly 6% in recent early Wednesday trading.

Price: 77.79, Change: +4.29, Percent Change: +5.84