Citigroup Inc. (C) Raises $3.6B in Capital, Redeems 1.75B Debt to Boost Efficiency

We recently compiled a list of the 13 Best Major Stocks to Invest in Now. Citigroup Inc. stands fifth on our list.

Citigroup Inc. (NYSE:C), a global financial services leader operating in over 180 countries, has recently focused on strengthening its capital structure and expanding operations. In July 2025, the company raised $2.7 billion through a preferred share offering and €900 million via callable subordinated notes due 2036. It also redeemed €1.75 billion of existing debt due in 2026, reflecting strategic liability management and efforts to enhance funding efficiency.

Citigroup Inc. (NYSE:C) is often regarded the best major stocks due to its strong financial position and growth prospects. Operationally, the business announced an expansion in Charlotte, North Carolina, with 510 new jobs, reinforcing its presence in key U.S. markets. This domestic growth complements its broader financial momentum.

In Q2 2025, the business reported $21.67 billion in revenue, an 8.2% year-over-year increase, and earnings per share of $1.96, surpassing analyst expectations by nearly 22%. Strong performance in banking (up 18%) and wealth management (up 20%) contributed to this growth, particularly in U.S. consumer banking segments like branded credit cards and retail deposits.

Further signaling confidence in its financial health, Citigroup Inc. (NYSE:C) increased its quarterly dividend by 7% to $0.60 per share, extending a 34-year track record of uninterrupted payouts.

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