Citigroup Inc. (C)
| Market Cap | 118.35B |
| Revenue (ttm) | 78.46B |
| Net Income (ttm) | 9.23B |
| Shares Out | 1.92B |
| EPS (ttm) | 4.04 |
| PE Ratio | 15.29 |
| Forward PE | 10.71 |
| Dividend | $2.12 (3.43%) |
| Ex-Dividend Date | May 3, 2024 |
| Volume | 13,243,050 |
| Open | 61.84 |
| Previous Close | 62.47 |
| Day's Range | 61.10 - 62.43 |
| 52-Week Range | 38.17 - 63.90 |
| Beta | 1.50 |
| Analysts | Buy |
| Price Target | 60.97 (-1.33%) |
| Earnings Date | Apr 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 18 analysts, the average rating for C stock is "Buy." The 12-month stock price forecast is $60.97, which is a decrease of -1.33% from the latest price.
News
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...
Oakmark's Bill Nygren shares his value opportunities in the current market
Bill Nygren, Oakmark portfolio manager, joins 'Closing Bell Overtime' to talk his top stock picks, finding opportunities in the current market, and more.
Big banks led by Citi continue layoffs amid pressure to cut costs
U.S. banking giants continued to shed employees in the first quarter, with Citigroup seeing the biggest drop.
Higher deposit costs will weigh on the big banks, says Stephen Biggar
Stephen Biggar, Director of Financial Institutions Research at Argus Research, discusses earnings from Bank of America and Morgan Stanley.
CitiGroup Announces Full Redemption of Series D Preferred Stock
NEW YORK--(BUSINESS WIRE)--Citigroup Inc. is redeeming, in whole, all $1.25 billion aggregate liquidation preference of Series D Depositary Shares representing interests in its 5.350% Fixed Rate / Flo...
KBW CEO Michaud Sees Accelerated Bank Earnings in 2025
KBW CEO Tom Michaud examines first-quarter bank earnings, including firms' balance sheet advantage over non-banks and the bull case for an acceleration in bank earnings.
What We Learned From Big Bank Earnings on Friday
Large U.S. banks kicked off the first-quarter earnings report season by disclosing higher-than-expected profits. But their net interest income—a key performance indicator for the sector—fell shy of pr...
Bank earnings growth expectations 'might be a high bar', says John Hancock's Emily Roland
Emily Roland, John Hancock co-chief investment strategist, and Bob Elliott, Unlimited CEO, joins 'Closing Bell Overtime' to talk the day's market action.
Citigroup Keeps Eye on Lower FICO Customer Spend, Sees Digital Engagement Rising
Citigroup's latest results took note of continued spending on credit cards but there were some notes of caution in the mix. The earnings materials detailed that branded card-related volumes were 4% hi...
Bank earnings 'weren't that bad,' but most of it was built in, says DCLA's Sarat Sethi
Sarat Sethi, DCLA managing partner, joins 'Power Lunch' to discuss what the managing partner makes of recent economic performance, what Sethi made of recent bank earnings, and what is changing with eq...
JPMorgan, Wells Fargo, Citi stocks drop despite robust first-quarter earnings
While JPMorgan Chase & Co., Wells Fargo & Co. and Citigroup Inc. topped Wall Street estimates for earnings per share and revenue on Friday, stocks of all three megabanks fell into the red.
Bank earnings breakdown: JPMorgan, Citi, and Wells Fargo surpass Wall Street expectations in Q1
First-quarter earnings season kicks off today with several Big Banks reporting their results: JPMorgan Chase & Co. (JPM), Citigroup (C), and Wells Fargo (WFC). While all three of the major banks toppe...
Citi Posts Q1 Earnings Beat on Booming Investment Banking Fees, Restructuring Ends
Citigroup (C) reported higher-than-forecast results as rising markets drove up investment banking fees and as CEO Jane Fraser's restructuring strategy aimed at streamlining the lender's costs bore fru...
Citigroup Beats on Profit, FICC Sales & Trading Revenue
Citigroup beat profit expectations in the first quarter, while FICC sales & trading revenue of $4.15 billion topped the average analyst estimate. Sonali Basak reports on Bloomberg Television.
Citigroup tops estimates for first-quarter revenue
CNBC's Leslie Picker joins ‘Squawk Box' to report on Citigroup's quarterly earnings results.
Citi beats Street estimates in fiscal Q1
Citigroup Inc (NYSE: C) is trading up in premarket on Friday after reporting market-beating financial results for its first quarter. This is a developing story.
Citi profit drops as costs rise for employee severance, deposit insurance
Citigroup's profit fell in the first quarter as it spent more on severance payments for laid-off employees and set aside money to refill a government deposit insurance fund.
