Citigroup Inc. (C)
| Market Cap | 123.37B |
| Revenue (ttm) | 78.12B |
| Net Income (ttm) | 7.99B |
| Shares Out | 1.91B |
| EPS (ttm) | 3.44 |
| PE Ratio | 18.80 |
| Forward PE | 10.45 |
| Dividend | $2.12 (3.28%) |
| Ex-Dividend Date | May 3, 2024 |
| Volume | 10,715,746 |
| Open | 63.29 |
| Previous Close | 63.43 |
| Day's Range | 63.28 - 64.71 |
| 52-Week Range | 38.17 - 64.98 |
| Beta | 1.47 |
| Analysts | Buy |
| Price Target | 63.17 (-2.33%) |
| 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 16 analysts, the average rating for C stock is "Buy." The 12-month stock price forecast is $63.17, which is a decrease of -2.33% from the latest price.
News
This is how much the largest 20 U.S. banks raised dividends after stress tests
With another round of Federal Reserve stress tests in the books, many large U.S. banks have already announced dividend increases. Analysts at Jefferies compiled the data in a report sent to clients ea...
Top Wall Street analysts favor these dividend stocks for better returns
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Darden Restaurants and Citigroup
JPMorgan and Morgan Stanley boost buybacks and dividends, while Citigroup and BofA take smaller steps
JPMorgan said it was raising its quarterly dividend 8.7% to $1.25 per share and that it authorized a new $30 billion share repurchase program. Morgan Stanley said it was boosting its dividend 8.8% to ...
Top U.S. banks hike dividends after sailing through Fed's stress test
U.S. banking giants announced plans to raise their third-quarter dividends on Friday after proving that they have enough capital to withstand severe economic and market turmoil in the Federal Reserve'...
Final Trades: Citigroup, On Holding, Caterpillar and Travelers
he Investment Committee gives you their top stocks to watch for the second half.
Citi urges dismissal of ex-managing director's whistleblower lawsuit
Citigroup urged a judge to dismiss a lawsuit by a former managing director who accused the bank of firing her in retaliation for refusing to give regulators false information.
Citi Securities Services Wins ETF Mandate from Asset Manager Nuveen
NEW YORK--(BUSINESS WIRE)--Winning a new mandate from asset manager Nuveen, Citi Securities Services' ETF Services business has onboarded 23 new ETFs with approximately US$9 billion in assets in North...
U.S. banks are in a good and resilient place, says Wells Fargo's Mike Mayo
Mike Mayo, Wells Fargo, joins 'Closing Bell' to discuss big banks stress tests and his outlook for the sector.
Piper Sandler's Scott Siefers on key takeaways from stress test results
Scott Siefers, Piper Sandler senior research analyst, joins 'Money Movers' to discuss his key takeaways from the annual stress test results.
US banks weather Fed's annual stress test, but risks rise
Big U.S. banks had enough capital to weather a potentially severe economic downturn but some of their risky businesses could hypothetically take a major hit this year, according to results of the Fede...
Stay invested but diversify across equities and fixed income, says Citi's Kristen Bitterly
Kristen Bitterly, head of investment solutions at Citi Wealth, joins CNBC's 'Squawk Box' to discuss market outlooks, how to position, and more.
Citi Head of Risk Data Peter Cai Leaves Bank
Citigroup's head of risk data, analytics, reporting and tech Peter Cai has reportedly become the latest senior executive to leave the bank. Cai's departure was announced internally on Tuesday (June 25...
Big US banks withstand Fed's commercial real estate shock scenario
Big U.S. banks survived a hypothetical 40% drop in commercial real estate values as a part of the U.S. Federal Reserve's annual health test, easing fears about the banking sector as landlords struggle...
Bank stocks very well positioned headed into quarterly earnings, says KBW's Tom Michaud
Tom Michaud, KBW CEO, joins 'Fast Money' with reaction to results of the Federal Reserve's bank stress test.
Banks are more focused on credit than rates, says Hennessy Fund's David Ellison
David Ellison, Hennessy Funds Portfolio Manager and Gerard Cassidy, RBC Capital Markets Managing Director, joins 'Closing Bell Overtime' to talk the Fed's bank stress test.
Biggest US Banks Pass Fed's Annual Stress Test
The biggest US banks stayed above the Federal Reserve's minimum capital requirements during a hypothetical recession. Altogether, the group would take nearly $685 billion in losses, driving a larger d...
Fed on stress test: All banks tested remained above minimum capital requirements
CNBC's Leslie Picker joins 'Closing Bell Overtime' with breaking news on the Fed's bank stress test results.
US banks suffer steeper losses, but retain large cushions in annual Fed health check
The biggest U.S. banks would have enough capital to withstand severe economic and market turmoil, the Federal Reserve's annual "stress test" exercise showed on Wednesday, but firms faced steeper hypot...
Federal Reserve says all 31 banks in annual stress test withstood a severe hypothetical downturn
The Federal Reserve said Wednesday that the biggest banks operating in the U.S. would be able to withstand a severe recession scenario. Each of the 31 banks in this year's regulatory exercise cleared ...
Biggest Banks Can Withstand Severe Downturn, $685 Billion in Losses, Fed Says
WASHINGTON—Big U.S. banks passed their latest annual stress test, with the Federal Reserve finding they would be able to continue lending to households and businesses in a severe recession, even while...
Star Mountain Capital Adds Former CEO of U.S. Pension Benefit Guaranty Corp and Head of Citigroup Pension Relations, Charles Millard, as Senior Advisor
NEW YORK--(BUSINESS WIRE)--Star Mountain Capital, LLC ("Star Mountain"), a specialized investment manager with over $4.0 billion in assets under management (committed capital including debt facilities...
Citigroup confirms departure of its head of risk data, analytics, reporting & tech
Citigroup's head of risk data, analytics, reporting and tech Peter Cai has left the bank, a spokesman confirmed.