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Citigroup Board Approves Sale of Remaining Russian Operations

Story Highlights
  • Citigroup’s board approved selling AO Citibank, its remaining Russian operations, on December 29, 2025.
  • The sale will trigger about $1.2 billion pre-tax loss in Q4 2025 but is expected to be CET1 capital neutral.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Citigroup Board Approves Sale of Remaining Russian Operations

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Citigroup ( (C) ) has shared an announcement.

On December 29, 2025, Citigroup’s board approved a plan to sell AO Citibank, which houses Citi’s remaining operations in Russia and is currently reported across its Services, Markets, Banking and Legacy Franchises segments. As a result, Citi will classify its Russian business as held for sale beginning in the fourth quarter of 2025, with the transaction expected to be signed and closed in the first half of 2026, triggering an approximately $1.2 billion pre-tax loss on sale in the fourth quarter tied largely to previously accumulated currency translation adjustment losses. The loss recognition, which is recorded as a reduction of Other Revenue via a valuation allowance and incorporates expected benefits from derecognizing a fully reserved net investment and anticipated sale proceeds, is described as capital neutral to Citi’s Common Equity Tier 1 ratio once the related CTA amounts are released from accumulated other comprehensive income, though the ultimate loss remains subject to foreign exchange movements.

The most recent analyst rating on (C) stock is a Buy with a $125.00 price target. To see the full list of analyst forecasts on Citigroup stock, see the C Stock Forecast page.

Spark’s Take on C Stock

According to Spark, TipRanks’ AI Analyst, C is a Neutral.

Citigroup’s overall stock score reflects strong earnings performance and positive corporate events, balanced by financial challenges and overbought technical indicators. The company’s strategic focus on innovation and capital returns supports its growth potential, despite economic uncertainties.

To see Spark’s full report on C stock, click here.

More about Citigroup

Citigroup Inc. is a global financial services company that operates primarily through its banking, markets and services businesses, offering a broad range of products including consumer and institutional banking, securities trading, and transaction services. Its securities, including common stock and various medium-term senior notes and trust preferred securities, are listed on the New York Stock Exchange, reflecting its role as a major player in international capital markets.

Average Trading Volume: 13,309,390

Technical Sentiment Signal: Buy

Current Market Cap: $215.5B

For detailed information about C stock, go to TipRanks’ Stock Analysis page.

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