Citigroup Inc. (C)
| Market Cap | 153.30B |
| Revenue (ttm) | 71.36B |
| Net Income (ttm) | 11.46B |
| Shares Out | 1.88B |
| EPS (ttm) | 5.94 |
| PE Ratio | 13.74 |
| Forward PE | 10.90 |
| Dividend | $2.24 (2.74%) |
| Ex-Dividend Date | Nov 4, 2024 |
| Volume | 21,029,054 |
| Open | 80.43 |
| Previous Close | 79.99 |
| Day's Range | 79.92 - 81.85 |
| 52-Week Range | 52.24 - 81.85 |
| Beta | 1.42 |
| Analysts | Buy |
| Price Target | 84.00 (+2.85%) |
| Earnings Date | Jan 15, 2025 |
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 2024, Citigroup's revenue was $71.36 billion, an increase of 0.94% compared to the previous year's $70.70 billion. Earnings were $11.46 billion, an increase of 45.96%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for C stock is "Buy." The 12-month stock price forecast is $84.0, which is an increase of 2.85% from the latest price.
News
Judge Rules New York Lawsuit Against Citibank Can Proceed
Citibank will have to face a New York state lawsuit alleging that it failed to protect and reimburse victims of fraud. A federal judge rejected the bank's request to dismiss the lawsuit, Reuters repor...
Citigroup must face New York lawsuit over fraud scams
A federal judge on Tuesday rejected Citigroup's bid to dismiss a lawsuit by New York Attorney General Letitia James accusing its Citibank unit of failing to reimburse customers who fall victim to onli...
The Big 3: AMZN, C, STX
Jessica Inskip returns to today's Big 3 to break down her bullishness behind Amazon (AMZN), Citigroup (C) and Seagate Technology (STX). Rick Ducat dives into the technical trends behind each.
Citi is shaking up its technology leadership and reorganizing its 'crown jewel' services unit
Citigroup has announced changes in its technology and services divisions. CEO Jane Fraser is on a mission to simplify the bank's structure and focus on profitable business lines.
Citi: Corporates Pick Up ‘Gems of Companies' in Dealmaking Revival
Citigroup Head of Banking and Executive Vice Chair Vis Raghavan said a new regulatory regime has companies in the United States shopping for deals. Much of this search is happening overseas, Raghavan ...
Bank Stocks Surge on Earnings and Lead CE 100 Up 2.9%
Earnings season is officially here, led, as ever, by big banks – and this time around, a 9% surge in the “Bank” pillar pulled the CE 100 Index 2.9% higher in a strong weekly showing.
Citigroup's TTS Remains Its Crown Jewel - Recovery In Progress
C is inherently undervalued to its book value, presenting dual-pronged returns for opportunistic investors, driven by the ongoing restructuring and the crown jewel TTS. The bank's turnaround is eviden...
Bank profit growth is just beginning: CFRA analyst
The financials sector is showcasing a strong earnings performance this season, as major banks Bank of America (BAC), Morgan Stanley (MS), Citigroup (C), JPMorgan Chase & Co. (JPM), Goldman Sachs (GS),...
Jim Cramer breaks down Big Banks earnings
'Mad Money' host Jim Cramer looks at the recent slate of bank earnings.
Citigroup cutting more jobs to meet CEO's expense goals despite strong quarter
Managing directors in the wealth and technology units are leaving the firm and Citi is also axing people from a team that compiles data and analysis on the bank's clients, Bloomberg reported.
Citigroup axes more jobs as part of ongoing cost-cutting plan
Citigroup is cutting more jobs this week after going through an overhaul last year, a spokesperson for the lender said on Thursday, as a part of the sweeping reorganization under Chief Executive Offic...
Citi Outperforms Analyst Expectations With 12% Revenue Growth, Confirms $20 Billion Buyback Plan
Citigroup Inc C reported a fourth-quarter fiscal 2024 revenue growth of 12% to $19.58 billion, topping the analyst consensus estimate of $19.48 billion.
Citi Contends With Mobile App Outage, Directs Users to Website
Citibank is reportedly dealing with technical issues around fraud alerts, long wait times for customer calls to its fraud department, and access to its mobile app. Customers of the bank have been talk...
Citi Sees Growth Ahead From ‘High-End' Consumers
Citigroup's fourth-quarter earnings results were part of a trend in banking reports Wednesday (Jan. 15), where consumer spending continued to drive momentum on cards, the macro backdrop was resilient,...
'Fast Money' traders talk bank stocks surging on earnings
The 'Fast Money' traders talk today's market rally, bank earnings, and more.
Big US Banks See Profits Surge
Big US banks had a great quarter. The four giant lenders that reported full-year results Wednesday notched their second-most profitable year ever in 2024, trailing only Joe Biden's first year as presi...
Citigroup Inc. (C) Q4 2024 Earnings Call Transcript
Citigroup Inc. (NYSE:C) Q4 2024 Results Conference Call January 15, 2025 11:00 AM ET Company Participants Jenn Landis - Head of Investor Relations Jane Fraser - Chief Executive Officer Mark Mason - C...
Earnings show banks moving from 'challenged' to 'better,' says UBS' Erika Najarian
Erika Najarian, research analyst at UBS, joins CNBC's 'The Exchange' to discuss bank earnings, expectations for the industry in the coming months, and more.
Banks are well setup for 2025, says RBC's Gerard Cassidy
Gerard Cassidy, RBC Capital Markets analyst, joins 'Squawk on the Street' to discuss the latest bank earnings results.
Big banks shine in Q4, but risks loom ahead
Big banks like JP Morgan (JPM), Citigroup (C), Goldman Sachs (GS), and Wells Fargo (WFC) reported strong profits in quarter four, ignited by a rebound in dealmaking and investment banking. Chris Whale...
Citigroup Stock Jumps on Earnings, $20 Billion Stock Buyback News
Citigroup stock is soaring Wednesday after the big bank topped earnings expectations and unveiled a massive stock buyback program. Here's why that's important.