New York, Feb 16, 2026, 14:36 (EST) — Market closed
- U.S. markets are shut for Presidents Day; trading resumes Tuesday
- Citi shares ended last week well off a recent peak after a volatile slide
- Investors are watching U.S. data and Fed signals that can swing rate-sensitive bank stocks
Citigroup’s stock will get its next test on Tuesday when U.S. markets reopen after the Presidents Day holiday, with investors still digesting a fast drop from last week’s high. The New York Stock Exchange is closed on Monday for Washington’s Birthday, according to its 2026 holiday calendar. (New York Stock Exchange)
The timing matters because bank shares have been trading off shifting bets on interest rates and the health of the consumer. Citi, like its peers, leans heavily on net interest income — the spread between what it earns on loans and pays on deposits — and that spread can move quickly when yields swing.
Citi last closed at $110.86 on Friday, down about 0.3%, after a four-session slide of roughly 10% from Feb. 9. The pullback followed a 5.3% plunge on Thursday that outpaced JPMorgan Chase, Bank of America and Wells Fargo in a broad selloff. (Investing)
A company filing last week showed Citi approved $42 million of total 2025 compensation for CEO Jane Fraser, up nearly 22% from the year before, and pointed to record revenues and regulatory progress. Citi has spent years working through consent orders — formal regulator demands to fix control and risk gaps — and the filing flagged the effort as part of the backdrop for pay decisions. (Reuters)
Incoming CFO Gonzalo Luchetti told a Bank of America conference this month that credit cards are a top priority for 2026, but warned a proposed cap on credit card interest rates could have “massive ripple effects” on credit availability for lower-income borrowers. “We continue to see U.S. consumer resilience early in the year,” he said. (Reuters)
On Friday, Citigroup’s former Russian unit, AO Citibank, said it would change its name to RenCap Bank as it prepares for a planned sale to Renaissance Capital. (Reuters)
Rate expectations remain a swing factor for bank stocks after Friday’s cooler U.S. inflation reading pushed rate futures markets to lean more toward a mid-year Fed cut. “As long as CPI remains in check … the Fed is likely to proceed cautiously,” said Chris Zaccarelli, chief investment officer at Northlight Asset Management. (Reuters)
In the holiday-shortened week, investors will parse U.S. retail sales on Tuesday and minutes from the Fed’s January meeting on Wednesday, followed by an initial fourth-quarter GDP reading on Friday. Those releases can reset views on growth and borrowing — and, by extension, the outlook for banks’ margins and credit costs. (Scotiabank)
Citi has a quarterly common dividend of $0.60 a share due to be paid on Feb. 27, according to a company press release. (Citi)
The next major company checkpoint comes later in the spring. Citi’s investor relations calendar lists an Investor Day on May 7, and a first-quarter earnings call on April 14. (Citi)
But plenty could go differently. A weak run of consumer data could revive concerns about credit losses, while a sharp drop in longer-term yields could squeeze lending margins even if it eventually supports loan demand.
For now, investors’ next hard catalyst is Tuesday’s return to trading after the holiday, with Citi’s recent slide either stabilizing — or extending — as the week’s data hit the tape.
