Citigroup Establishes New 6.250% Preferred Stock Series II

Citigroup ( (C) ) has shared an announcement.

On February 2, 2026, Citigroup Inc. filed a Certificate of Designations in Delaware to create a new series of preferred equity, its 6.250% Noncumulative Preferred Stock, Series II, immediately amending its Restated Certificate of Incorporation. The move expands Citigroup’s capital structure with an additional class of preferred shares, adding to its existing mix of common stock, trust preferred securities and medium‑term notes already listed on the New York Stock Exchange, and underscores the bank’s continued use of preferred instruments as a tool for capital management and funding diversification.

The most recent analyst rating on (C) stock is a Hold 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.

The score is anchored by uneven financial quality: improving earnings and revenue are meaningfully offset by persistently negative operating/free cash flow and rising leverage. The latest earnings call provides a clear positive catalyst via continued NII growth, efficiency targets, and sizable buybacks backed by solid CET1, while technicals and valuation are supportive but only moderate.

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

More about Citigroup

Citigroup Inc. is a global diversified financial services company and one of the largest U.S. banking institutions, offering consumer and commercial banking, investment banking, securities trading and services, and wealth management, with its common stock and various debt and hybrid securities listed on the New York Stock Exchange.

Average Trading Volume: 13,451,306

Technical Sentiment Signal: Buy

Current Market Cap: $207B

Find detailed analytics on C stock on TipRanks’ Stock Analysis page.