Citigroup Inc. (C)

NYSE: C · IEX Real-Time Price · USD
+0.10 (0.24%)
At close: Sep 25, 2023, 4:02 PM
-0.22 (-0.54%)
Pre-market: Sep 26, 2023, 8:47 AM EDT
Market Cap 78.99B
Revenue (ttm) 77.40B
Net Income (ttm) 13.51B
Shares Out 1.93B
EPS (ttm) 6.31
PE Ratio 6.50
Forward PE 7.49
Dividend $2.12 (5.17%)
Ex-Dividend Date Aug 4, 2023
Volume 10,629,888
Open 40.75
Previous Close 40.92
Day's Range 40.58 - 41.09
52-Week Range 40.01 - 53.23
Beta 1.57
Analysts Buy
Price Target 53.10 (+29.45%)
Earnings Date Oct 13, 2023

About C

Citigroup Inc., a diversified financial services holding company, provides various financial products and services to consumers, corporations, governments, and institutions in North America, Latin America, Asia, Europe, the Middle East, and Africa. It operates through three segments: Institutional Clients Group (ICG), Personal Banking and Wealth Management (PBWM), and Legacy Franchises. The ICG segment offers wholesale banking products and services, including fixed income and equity sales and trading, foreign exchange, prime brokerage, derivati... [Read more]

Sector Financials
Founded 1812
Employees 239,903
Stock Exchange NYSE
Ticker Symbol C
Full Company Profile

Financial Performance

In 2022, Citigroup's revenue was $75.34 billion, an increase of 4.80% compared to the previous year's $71.88 billion. Earnings were $14.85 billion, a decrease of -32.38%.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for C stock is "Buy." The 12-month stock price forecast is $53.1, which is an increase of 29.45% from the latest price.

Price Target
(29.45% upside)
Analyst Consensus: Buy
Stock Forecasts


Citigroup stock price is dirt cheap: Is it a buy during the turnaround?

Citigroup (NYSE: C) stock price has underperformed its peers in the past decade. It has risen by more than 80% since 2009 while the SPDR S&P Bank ETF (KBE) and SPDR S&P Regional Banking ETF (KRE) have...

20 hours ago - Invezz

Citi Foundation Announces Recipients of Inaugural Global Innovation Challenge

NEW YORK--(BUSINESS WIRE)--Today, the Citi Foundation announced the grant recipients of its first-ever Global Innovation Challenge, a new model to identify and provide philanthropic support to communi...

1 day ago - Business Wire

Citi warns UK staff of cuts as hundreds of roles could be affected - memo

Citigroup has warned UK-based employees of the likelihood of redundancies as the lender pushes ahead with a sweeping reorganisation, according to a memo seen by Reuters on Friday, a move that could af...

4 days ago - Reuters

Eight big banks must face US cities' bond collusion claims

A U.S. federal judge on Thursday said American cities may pursue class-action claims accusing eight large banks of driving up interest rates they paid on a popular municipal bond.

4 days ago - Reuters

Inflation and Market Volatility Remain the Biggest Concerns for Business Leaders of Mid-sized Corporates Globally, Finds Citi Commercial Bank Survey

NEW YORK--(BUSINESS WIRE)--Inflation and ongoing market volatility remain the primary concerns of business leaders of mid-sized corporates and organizations surveyed by Citi Commercial Bank (CCB) in i...

5 days ago - Business Wire

Citi Launches Digital Asset Solution for Cash Management, Trade Finance

Citi Treasury and Trade Solutions has unveiled a digital asset solution designed to enhance cash management and trade finance capabilities.

7 days ago - PYMNTS

Citi launches blockchain-based token services for cash management and trade finance

(Kitco News) - Citigroup has announced the creation and pilot testing of the blockchain-based Citi Token Services for cash management and trade finance.

7 days ago - Kitco

INVESTIGATION ALERT: Scott+Scott Attorneys at Law LLP Investigates Citigroup Inc.'s Directors and Officers for Breach of Fiduciary Duties – C

NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether certain directors and officers of...

7 days ago - Business Wire

Citigroup Restructuring to Eliminate Regional Roles, CCO Livingstone Says

Citigroup Chief Client Officer David Livingstone says, “we now have a structure that speaks to our strategy,” as he explains the firm's management changes that will eliminate three regional chief role...

7 days ago - Bloomberg Markets and Finance

Citi Develops New Digital Asset Capabilities for Institutional Clients

TORONTO--(BUSINESS WIRE)--SIBOS- Citi Treasury and Trade Solutions (TTS) announces the creation and piloting of Citi Token Services for cash management and trade finance. The service uses blockchain a...

8 days ago - Business Wire

Citi GPS: Cross-Border Payments to Transform Financial Industry, Ushering Best-in-Class Experiences for Clients

LONDON--(BUSINESS WIRE)--Citi has launched its latest Global Perspectives & Solutions (Citi GPS) report titled: ‘FUTURE OF CROSS-BORDER PAYMENTS -- Who Will Be Moving $250 Trillion in the Next Five Ye...

8 days ago - Business Wire

CE 100 Index Adds 0.8% as Bank Sector Surges Amid Citi, Goldman Reshuffling

The Banking group, overall, was up 3.9%. And within that sector, several marquee names announced management changes or initiatives designed to revamp operations.

Other symbols: GS
8 days ago - PYMNTS

Wall Street banks shed jobs to ease cost pressures

Banking heavyweights including Goldman Sachs and Morgan Stanley have announced a string of layoffs this year as part of a cost-cutting spree to better position themselves for a murky economic climate.

10 days ago - Reuters

Citigroup Layoffs Focus on Support, Technology Staff

Citigroup has reportedly begun the layoff process after announcing a management overhaul on Wednesday (Sept. 13). Support staff in compliance and risk management at the bank are expected to be the mos...

10 days ago - PYMNTS

Citigroup's Europe unit CEO Braden to leave after 25 years -source

Kristine Braden, CEO of Citigroup's main operations in continental Europe, is leaving the firm after 25 years as part of a wider organisational change announced by the U.S. bank earlier this week, acc...

11 days ago - Reuters

'FREAKED OUT': Climate protesters take on BlackRock, Citigroup

Author of 'Irrational Fear' on Substack Matthew Wielicki argues the fears of climate protesters stem from world leaders claiming the 'oceans are boiling' on 'The Bottom Line.'

Other symbols: BLK
11 days ago - Fox Business

Citi to Become First Digital Custodian on BondbloX Bond Exchange

HONG KONG & SINGAPORE & LONDON & NEW YORK--(BUSINESS WIRE)--Citi Securities Services today announced that it has become the first digital custodian participant of BondbloX Bond Exchange (BBX), the wor...

11 days ago - Business Wire

Citigroup starts layoff talks after management overhaul -sources

As Citigroup embarks on a sweeping reorganization, support staff in compliance and risk management are among the most likely to lose their jobs, according to sources familiar with the situation.

11 days ago - Reuters

Citi Adds 4 Payment Solutions for Financial Institutions

Citi Treasury and Trade Solutions has unveiled a suite of payment solutions tailored for financial institutions (FIs), aiming to help them enhance their client experience.

11 days ago - PYMNTS

Democrats join GOP, banks in pushing back on proposed bank capital rules

Democrats are increasingly split over the issue of tougher bank regulations, as some of the party's lawmakers join their Republican colleagues and bank executives in questioning whether the Federal Re...

Other symbols: BACGSJPMMSWFC
11 days ago - Market Watch

Citi Launches Suite of Auto-Enabled Payment Solutions for Financial Institutions

NEW YORK--(BUSINESS WIRE)--Citi Treasury and Trade Solutions launches a set of four payment solutions for Financial Institution (FI) clients, which are designed to improve the client experience for th...

11 days ago - Business Wire

Citigroup CEO announces reorganization, jobs cuts likely

Citigroup (C) shares rose after CEO Jane Fraser announced a new reorganization plan. The company, which currently operates with two divisions, will undergo a transformation into five separate division...

12 days ago - Yahoo Finance

Citi Plans ‘Uncomfortable' Cuts Amid Sweeping Reorganization

Citi says it is embarking on a major restructuring of its organization that eliminates a number of management layers. The new structure, announced Wednesday (Sept.

12 days ago - PYMNTS

Citigroup reorganizes business model to streamline operations

Citigroup is making "significant changes" to streamline its organizational model. The flatter structure will eliminate management layers and speed up decision-making.

12 days ago - Fox Business

Citigroup CEO reorganizes businesses, cuts jobs amid stock slump

CNBC's Hugh Son and Leslie Picker report on Citigroup's CEO reorganization of the business.

12 days ago - CNBC Television