- Banks - Diversified
- Financial Services
-
4.15
EPS
-
15.54
P/E
-
123B
MARKET CAP
-
3.29%
DIV YIELD
Company Overview
388 GREENWICH STREET,NEW YORK NY 10013,2125591000
CEO
Ms. Jane Nind Fraser
Employess
229000
Sector
Financial Services
Industry
Banks - Diversified
Website
https://www.citigroup.com
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. The company operates in two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG). The GCB segment offers traditional banking services to retail customers through retail banking, Citi-branded cards, and Citi retail services. It also provides various banking, credit card, lending, and investment services through a network of local branches, offices, and electronic delivery systems. The ICG segment offers wholesale banking products and services, including fixed income and equity sales and trading, foreign exchange, prime brokerage, derivative, equity and fixed income research, corporate lending, investment banking and advisory, private banking, cash management, trade finance, and securities services to corporate, institutional, public sector, and high-net-worth clients. As of December 31, 2020, it operated 2,303 branches primarily in the United States, Mexico, and Asia. Citigroup Inc. was founded in 1812 and is headquartered in New York, New York.
Next Earnings Date
Oct. 11, 2024
Ex Dividends date
Aug. 23, 2024
Dividend Date
Aug. 5, 2024
YTD Performance
21.61%
Fiscal Year End
12-31
IPO Date
1977-01-03
Growth Rates
(avg. rate of change) | 10 years | 5 years | 3 years | 1 year |
---|---|---|---|---|
Sales/Revenue | 0.23% | 1.54% | 5.87% | 0.20% |
EPS | -0.46% | -9.46% | -5.02% | -43.16% |
Equity | 0.04% | 0.92% | 0.94% | 2.12% |
Cash | 2.75% | 6.77% | -5.54% | -23.71% |
Return On Capital (ROIC) | 2.62% | 2.99% | 2.90% | 1.25% |
Debt
year (millions) | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|
Short Term Debt | 316,000 | 47,100 | 28,000 | 29,500 | 45,000 |
Long Term Debt | 276,000 | 272,000 | 254,000 | 272,000 | 249,000 |
LT Finance Leases | 2,970 | 2,370 | 2,350 | 2,780 | 2,540 |
Shares Outstanding | 1,930 | 1,950 | 2,030 | 2,090 | 2,250 |
Market Cap | 99,300 | 88,000 | 123,000 | 129,000 | 180,000 |
Price
News
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247wallst.comCitigroup: Strong Performance Points To Sustained Upside Momentum
2 monthsCitigroup beats Q2 estimates with revenue and earnings exceeding analyst expectations, driven by strong performance in Markets and Investment Banking. Despite concerns about higher costs for FY 2024, Citigroup's outlook remains strong, with FY EPS likely expanding to $6.05 and ROCE to >10%. Following the earnings beat, the fair implied share price for Citigroup is calculated at $92, leading to a strong "Buy" rating.
seekingalpha.comFired Citigroup banker says COO intended to deceive regulator on bank's metrics
2 monthsA former Citigroup managing director who said she was fired because she refused to mislead a federal regulator about the bank's risk management accused Citigroup's chief operating officer of intentional deception, according to an amended lawsuit filed late on Thursday.
reuters.comShould You Invest in Citigroup (C) Based on Bullish Wall Street Views?
2 monthsWhen deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
zacks.comJPMorgan And Citigroup Earnings Summaries: Like Both, But Citigroup Is A Cheaper, Longer-Term Play
2 monthsJPM is “winning” for its shareholders, while Jane Fraser continues to turn around Citigroup. Coming into last Friday morning's call, our revenue estimate for JPM was $42 billion and change, but that estimate was actually revised up on Thursday. Citi's net revenue grew 3% YoY, while EPS grew 14% YoY, with an 8% EPS upside surprise.
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businesswire.comCitigroup's Turnaround Story Getting Taken A Little More Seriously Now
2 monthsCitigroup's Q2 results were better than expected on a core basis, with a $0.13/beat at the core pre-provision profit line on stronger than expected capital markets and commercial banking. The Services business is a strong asset for Citi, with a durable moat, strong share in high-margin treasury services, and ongoing growth potential, and commercial banking looks fixable. Retail banking (including cards) and wealth management need a lot more work, and Citi's rivals are targeting many of the same markets and customers and doing so more effectively.
seekingalpha.comBank bond spreads tighten as earnings spark buying ahead of fresh debt offerings
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marketwatch.comWhy Consumer Stock Is Citigroup Analysts' Top Choice Right Now
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marketbeat.comCiti appoints James Morris as new head of UK commercial bank
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reuters.com