Citi CFO Mason ‘Feels Very Good’ About Revenue for the Year (1)

Citigroup Inc. is set to hit the high end of its revenue guidance for 2024 and aims to lift share buybacks once there’s further clarity on the bank’s outlook for capital.

Returning more of Citigroup’s capital to investors is “high on my list,” Chief Financial Officer Mark Mason said Tuesday at a Goldman Sachs Group Inc. conference. “It’s not lost on me where we trade relative to peers.”

Mason also said the bank is expecting to hit the high end of its $80 billion to $81 billion revenue guidance for the year. “So that feels very good,” he said. Mason ...