Citigroup Inc. (C)
| Market Cap | 122.02B |
| Revenue (ttm) | 78.12B |
| Net Income (ttm) | 7.99B |
| Shares Out | 1.91B |
| EPS (ttm) | 3.44 |
| PE Ratio | 18.63 |
| Forward PE | 10.09 |
| Dividend | $2.12 (3.31%) |
| Ex-Dividend Date | May 3, 2024 |
| Volume | 5,212,088 |
| Open | 64.38 |
| Previous Close | 64.14 |
| Day's Range | 63.90 - 64.55 |
| 52-Week Range | 38.17 - 64.55 |
| Beta | 1.48 |
| Analysts | Buy |
| Price Target | 61.59 (-3.87%) |
| Earnings Date | Jul 12, 2024 |
About C
Citigroup Inc., a diversified financial service holding company, provides various financial product and services to consumers, corporations, governments, and institutions worldwide. It operates through five segments: Services, Markets, Banking, U.S. Personal Banking, and Wealth. The Services segment includes Treasury and Trade Solutions, which provides cash management, trade, and working capital solutions to multinational corporations, financial institutions, and public sector organizations; and Securities Services, such as cross-border support... [Read more]
Financial Performance
In 2023, Citigroup's revenue was $78.46 billion, an increase of 4.15% compared to the previous year's $75.34 billion. Earnings were $9.23 billion, a decrease of -37.84%.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for C stock is "Buy." The 12-month stock price forecast is $61.59, which is a decrease of -3.87% from the latest price.
News
Citigroup Announces $1.5 Billion Redemption of 4.140% Fixed Rate / Floating Rate Notes due 2025 and $500.0 Million Redemption of Floating Rate Notes due 2025
NEW YORK--(BUSINESS WIRE)--Citigroup Inc. is announcing the redemption, in whole, constituting $1,500,000,000 of its 4.140% Fixed Rate / Floating Rate Notes due 2025 (the “fixed rate / floating rate n...
Report: Citi's Heads of Legacy Franchises, Operations and Technology Depart
Citi has reportedly announced in an internal memo the departure of two executives, including one who implemented the bank's recently completed restructuring.
Citi executive in charge of implementing bank's restructuring departs
Citigroup's Titi Cole, a top executive in charge of implementing its sweeping restructuring plan, is leaving the bank, an internal memo seen by Reuters showed on Tuesday.
Citi Enhances the Citi Premier Card With New Benefits to Make Travel Adventures More Rewarding
NEW YORK--(BUSINESS WIRE)--Today, Citi announced the Citi Strata Premier℠ Card – an enhancement of the existing Citi Premier® Card – now offering increased benefits and more opportunities to earn Than...
Citigroup Stock Has Gained 23% YTD, Where Is It Headed?
Citigroup's stock (NYSE: C) has gained 23% YTD, as compared to the 9% rise in the S&P500 over the same period. Further, the stock is currently trading at $63 per share, which is 5% below its fair valu...
US banks face climate risk data challenges, Fed analysis shows
U.S. banks face significant data and modeling challenges in predicting the impact of climate change on their loan books, the Federal Reserve said on Thursday after its first analysis on the issue.
Citi Makes Strategic Investment in Cicada to Facilitate Institutional e-Trading of Mexican Government Bonds
NEW YORK--(BUSINESS WIRE)--Citi has made a strategic minority investment in Cicada Technologies Inc. The investment was made by Citi's Markets Strategic Investments unit, which is responsible for the ...
Biden set to meet with executives from Citi, United Airlines, Marriott and others
The guests include United Airlines CEO Scott Kirby, Citi CEO Jane Fraser, Evercore founder Roger Altman, Marriott International CEO Anthony Capuano and others.
3 Stocks with High Dividend Yields that Warren Buffett Likes
#Morningstar #WarrenBuffet #StockInvesting The dividend yields on these stocks in Berkshire Hathway's portfolio are twice that of the market. 00:00 Introduction 00:37 Coca-Cola KO 01:13 Chevron CVX 0...
Citi's Manthey Sees 'Equity Broadening' in Tech, Luxury
Citigroup European Equity Strategy Head Beata Manthey says the next six months will see the broadening of equity markets, with particular focus on technology, luxury goods in Europe and basic resource...
Citigroup CEO Jane Fraser on geopolitics
Citigroup CEO Jane Fraser joins CNBC's ‘The Exchange' to discuss Citi's restructuring, geopolitical investment risks, and more.
Citi's Jane Fraser sees some struggle while others thrive in ‘K-shaped' consumer economy
Citigroup Inc. Chief Executive Jane Fraser said Monday the consumer economy remains “K-shaped,” with more affluent consumers faring well even as lower-income people grow more cautious with their money...
Citigroup CEO Jane Fraser says low-income consumers have turned far more cautious with spending
Citigroup CEO Jane Fraser joined CNBC's Sara Eisen Monday for an interview on the economy.
Citigroup CEO Jane Fraser: It's hard to get a soft landing
Citigroup CEO Jane Fraser joins CNBC's 'The Exchange' to discuss Citi's restructuring, geopolitical investment risks, and more.
Exclusive: Citigroup sees loan book hit in climate action ramp-up, document shows
Citigroup could suffer billions of dollars of losses in its loan book if the world sped up efforts to tackle climate change, according to a confidential analysis prepared by the U.S. bank that was rev...
Calls of the Day: Live Nation, Citigroup and Boeing
The Investment Committee discuss the latest Calls Of The Day.
Seven bank-stock picks as industry nears ‘positive inflections'
There are always doom-and-gloom warnings in the financial media that the stock market is headed for a tumble, regardless of market conditions. These days, some warnings center on stock valuations appe...
Citigroup CEO says US consumers are turning more cautious on spending
Citigroup CEO Jane Fraser said U.S. consumers are becoming more cautious with their spending, making smaller purchases.
Citigroup Announces $2.0 Billion Redemption of 0.981% Fixed Rate / Floating Rate Notes due 2025 and $500.0 Million Redemption of Floating Rate Notes due 2025
NEW YORK--(BUSINESS WIRE)--Citigroup Inc. is announcing the redemption, in whole, constituting $2,000,000,000 of its 0.981% Fixed Rate / Floating Rate Notes due 2025 (the “fixed rate / floating rate n...
Expect Citigroup stock to double by the end of 2026, says Wells Fargo's Mike Mayo
Mike Mayo, Wells Fargo senior bank analyst, joins 'Squawk Box' to discuss the state of the banking sector, why Citigroup is his top bank stock pick, impact of Citi's restructuring, and more.
Citigroup Announces C$56.782 Million Redemption of 5.160% Fixed Rate / Floating Rate Subordinated Notes due 2027
NEW YORK--(BUSINESS WIRE)--Citigroup Inc. is announcing the redemption, in whole, constituting C$56,782,000 of its 5.160% Fixed Rate / Floating Rate Subordinated Notes due 2027 (the “notes”) (ISIN: CA...
Regulators probe potential use by big banks of nondisclosure agreements to discourage whistleblowers: report
Some of the largest U.S. banks are being asked by the Commodities Futures Trading Commission to provide details about nondisclosure agreements for employees in an effort to protect potential whistlebl...
Turning a Vault Into a Bomb Shelter: How Citigroup Has Kept Its Bank Running Inside Ukraine
Two years into the war, Citigroup is the only U.S. bank around, navigating a sometimes treacherous landscape
'Very Difficult' Time on Deal Front: Citi's Ghiawadwala
Tasnim Ghiawadwala, Global Head of Commercial Banking at Citibank, says a number of factors including interest rates and politics are having an impact on the bank's clients' view for mergers and acqui...
Bank deposits are 'the bogeyman' that could be a long-term problem, analyst says
Bank of America (BAC) and Morgan Stanley (MS) were the latest Big Bank stocks to report first-quarter earnings on Tuesday. Both topped earnings and revenue estimates, a trend consistent for major fina...