On November 7, 2025, the Citibank logo appears on a branch sign in Encinitas, California.
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citygroup It outperformed other big bank stocks as well as the broader market on Wednesday after President Donald Trump praised the bank and Chief Executive Officer Jane Fraser in a social media post.
At 9:30 a.m. ET, President Trump praised Citigroup on Truth Social, writing, “Wow! CITI was ranked #1 by value in the M&A advisory market in the first quarter. Congratulations to Jane F. and all her wonderful people. They did a great job! Big turnaround for CITI!!! President Donald J. Trump.”
The president’s post rose just as the stock market opened, with Citigroup shares at one point up nearly 1.8% to a high of $137.12. However, by the end of the day, Citi was down 1%, still a smaller decline. JP Morgan and goldman sachs and S&P500.
It was not immediately clear which investment banking league ranking Trump was referring to. So far in 2026, for example, Goldman Sachs, JP Morgan; morgan stanley Both BofA Securities are ranked higher than Citigroup in the latest Global M&A Advisor Rankings from Dealogic, a leading financial analytics platform.
This year, Goldman Sachs was the lead advisor on 196 transactions worth a total of $992.3 billion, while Citi was the lead advisor on 97 transactions worth $285.3 billion.
In fact, Citigroup fell from fourth place in 2025 to fifth place among major M&A advisors in 2026, according to Dealogic.
Citigroup Banking Global Chair Leon Calvaria appeared on FOX Business News early Wednesday morning and was asked about Citi’s position as a lead advisor on power sector transactions. According to the Global Data Financial Deals Database, Citi has advised on four transactions worth a total of $41.4 billion in the energy industry through 2026.
What’s clear is that Citigroup stock has outperformed the S&P 500 index this year, rising 14.3% versus the S&P 500’s 6.2% gain, according to FactSet data. in contrast, wells fargo fell 12.1%, JPMorgan fell 4.1%; bank of america Goldman is up 13.9%, still lagging behind Citi.
Under Fraser, Citigroup is in the midst of a multi-year restructuring that includes streamlining business units, cutting jobs and focusing on higher-margin markets and services. After soaring more than 70% in 2025, the stock price has risen for three consecutive years, rising by about 42% in 2024 and 19% in 2023.
