Citigroup’s stock performance has garnered attention following a social media endorsement from former President Donald Trump. On the morning of November 7, 2025, Trump commended Citigroup and its CEO, Jane Fraser, for being recognized as a leading firm in the mergers and acquisitions (M&A) advisory market for the first quarter. At the time, Citigroup shares briefly reached $137.12, reflecting a 1.8% increase, although they closed the day down by 1%.
Despite Trump’s praise, there is a discrepancy regarding the M&A rankings he referenced. Current data from Dealogic indicates that Citigroup has slipped to fifth place among M&A advisors in 2026—from fourth in the previous year. In contrast, Goldman Sachs leads with a considerably larger volume of deals, advising on 196 transactions worth nearly $992.3 billion this year, compared to Citigroup’s 97 deals totaling $285.3 billion.
Leon Kalvaria, Citigroup’s global banking chair, highlighted the bank’s role in significant power sector transactions during a Fox Business News interview. Citigroup has advised on four energy deals worth a total of $41.4 billion in 2026, showcasing its strategic focus despite the challenging environment.
Overall, Citigroup has outperformed the S&P 500 in 2026, with a stock increase of 14.3%, compared to the S&P 500’s 6.2% gain. This successful trajectory is attributed to Fraser’s ongoing turnaround strategy, which includes streamlining operations and concentrating on high-margin sectors. Citigroup’s stock has seen consistent growth over the past three years, reflecting a notable recovery.
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