Citigroup Inc. (C)
| Market Cap | 130.26B |
| Revenue (ttm) | 69.31B |
| Net Income (ttm) | 6.70B |
| Shares Out | 1.91B |
| EPS (ttm) | 3.48 |
| PE Ratio | 19.60 |
| Forward PE | 10.11 |
| Dividend | $2.24 (3.28%) |
| Ex-Dividend Date | Nov 4, 2024 |
| Volume | 10,492,983 |
| Open | 69.14 |
| Previous Close | 68.60 |
| Day's Range | 68.08 - 69.48 |
| 52-Week Range | 44.56 - 70.20 |
| Beta | 1.43 |
| Analysts | Buy |
| Price Target | 73.80 (+8.08%) |
| Earnings Date | Oct 15, 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 $70.70 billion, an increase of 0.20% compared to the previous year's $70.56 billion. Earnings were $7.85 billion, a decrease of -42.70%.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for C stock is "Buy." The 12-month stock price forecast is $73.8, which is an increase of 8.08% from the latest price.
News
Final Trade: C, NVDA, XLF, ALT
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Citi: Reasonable Q3 Results But Shares Appear Fairly Valued
Citi is undergoing a turnaround, showing improvements in Services, Banking, and Wealth units, but USPB and Markets segments remain as laggards. Q3 FY24 results were mixed, with strong service and comm...
Report: US Government Investigating Citigroup's Anti-Money Laundering Policies
U.S. government agencies are reportedly investigating Citigroup's anti-money laundering (AML) policies and its ties to a sanctioned Russian official. The Department of Justice (DOJ), the FBI and the I...
Citigroup probed by feds over ties to sanctioned Russian billionaire Suleiman Kerimov: report
Kerimov was sanctioned by the US in 2014 and 2018 in response to Russia's actions in Syria and Ukraine.
Citigroup facing US probe over ties to sanctioned Russian billionaire, Bloomberg reports
Citigroup is being probed by U.S. government agencies over its ties to sanctioned Russian billionaire Suleiman Abusaidovich Kerimov, Bloomberg News reported on Thursday, citing a person familiar with ...
Bridgewater increased bets on banks before election-driven rally, filing shows
Bridgewater Associates added shares of big banks to its portfolio in the third quarter, securities filings showed, ahead of a rally that followed Donald Trump's victory in the U.S. presidential electi...
Citi and Bank of Shanghai Team on International Travel Payments
Citi and the Bank of Shanghai have teamed to streamline payments for visitors to China. The payments solution announced by the two banks Wednesday (Nov.
Merger activity is down 40% from its peak. Citigroup CEO Jane Fraser sees a ‘big unlock' ahead.
The future could see more megamergers, middle-market deals and initial public offerings.
Satellos Reports Q3 2024 Financial Results and Provides Clinical Update
TORONTO--(BUSINESS WIRE)--Satellos Bioscience Inc. (TSX: MSCL, OTCQB: MSCLF) (“Satellos” or the “Company”), a clinical-stage biotechnology company developing life-improving medicines to treat degenera...
Citigroup CEO Jane Fraser: Clients Focused on Launching M&A Activity
Pent-up demand for mergers and acquisitions (M&A) activity has been released by the election of Donald Trump, Citigroup CEO Jane Fraser said Tuesday. Speaking with Bloomberg Television, Fraser said th...
Citi and Bank of Shanghai Launch First-of-Its-Kind Payments Solution for International Travelers in China
SHANGHAI--(BUSINESS WIRE)--Today, Citi (NYSE: C) and Bank of Shanghai launched a first-of-its-kind payments solution on Bank of Shanghai's TourCard. The TourCard aims to provide international traveler...
Citigroup CEO Fraser on Trump, Regulation, and Deals
Citigroup Inc. Chief Executive Officer Jane Fraser says there is a lot of "pent-up demand" on Wall Street for deals. She also expects the Donald Trump administration to be pro-growth.
Citi CEO Jane Fraser: Trump election will broadly be pro-growth and beneficial
Jane Fraser, Citi CEO, joins 'Squawk on the Street' to discuss Citi's recent stock performance, the outlook for Citi's business, and much, much more.
Citi needs a white knight. Donald Trump's second term might provide one.
Citi has spent more than $7.4 billion to make peace with regulators and hasn't succeeded. Donald Trump's election and promise of deregulation bode well for the bank.
Trump Victory Sends Bank Stocks Higher, Leading S&P 500 On Regulatory Hopes
After Donald Trump's decisive win in the 2024 U.S. presidential election, Wall Street reacted strongly, particularly in the financial sector. The Financial Select Sector SPDR Fund XLF rose 4.84%, whil...
Bank stocks advance in overnight trading as traders bet on less regulation in a Trump presidency
Citigroup, Bank of America and Wells Fargo advanced in overnight trading on brokerage Robinhood. The move comes as investors bet on Donald Trump's victory in the presidential election.
Call of the Day: Oppenheimer raises bank targets
The Investment Committee debate the big bank names.
Calls of the Day: Berkshire Hathaway, Citigroup, Visa and Uber
The Investment Committee debate the latest Calls Of The Day.
Buy 2 October Berkshire DiviDogs And Watch 6 More
This Berkshire/Buffett holdings-list from Kiplinger first-appeared 8/16/24 on BKH's SEC-Form-13F. Kiplinger, and YCharts both track this BRK batch. Here is your update from 10/28/24 YCharts data. 25 o...
Citi Hires Goldman Sachs Executive to Run Lending for Wealth Business
Citi has been focused on revamping its wealth management division.
Citigroup Announces $1.0 Billion Redemption of 1.281% Fixed Rate / Floating Rate Notes Due 2025
NEW YORK--(BUSINESS WIRE)--Citigroup Inc. is announcing the redemption, in whole, constituting $1,000,000,000 of its 1.281% Fixed Rate / Floating Rate Notes due 2025 (the “notes”) (ISIN: US172967ND99)...
Citi Begins Rollout of Integrated Digital Bill Discounting Solution
Citi has launched an integrated digital bill discounting solution that it said helps users monetize receivables in less than an hour. The new Citi Digital Bill (CDB) is now available to Citi clients i...