Citigroup Inc. (C)
| Market Cap | 118.85B |
| Revenue (ttm) | 78.12B |
| Net Income (ttm) | 7.99B |
| Shares Out | 1.91B |
| EPS (ttm) | 3.44 |
| PE Ratio | 18.11 |
| Forward PE | 9.81 |
| Dividend | $2.12 (3.40%) |
| Ex-Dividend Date | May 3, 2024 |
| Volume | 7,431,825 |
| Open | 62.00 |
| Previous Close | 61.93 |
| Day's Range | 61.44 - 62.39 |
| 52-Week Range | 38.17 - 64.98 |
| Beta | 1.48 |
| Analysts | Buy |
| Price Target | 61.59 (-1.16%) |
| Earnings Date | Jul 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 17 analysts, the average rating for C stock is "Buy." The 12-month stock price forecast is $61.59, which is a decrease of -1.16% from the latest price.
News
Why This Legendary Value Manager Likes Alphabet and Citigroup Stock
The Oakmark Fund's Bill Nygren says investors can miss out by selling stocks during a bull market run-up. Lately he likes value-priced names such as Citigroup, APA, and General Motors.
Citi asks 600 staffers to return to office full-time as Wall Street reinstates pre-pandemic rules
New rules will make it hard for Wall Street banks to allow offsite work for roles such as trading.
Final Trades: Citigroup, Netflix and IBM
The Investment Committee give you their top stocks to watch for the second half.
Citi Isn't the Only One With a Fat Finger Problem
Being rushed, typos and confusing ticker symbols are among the reasons small investors cite when they've bought the wrong stock.
Ex-Citi banker says she was fired for refusing to give false data to regulator
A former managing director at Citigroup sued the bank and its chief operating officer on Wednesday, alleging she was fired for opposing what she said were attempts to give regulators false information...
Citigroup fined $79M by UK regulators over ‘fat-finger' failures that caused sudden fall in stocks
The bank's London unit had a series of failings that "crystallized into trading incidents," the most striking of which was a mistaken $444 billion order in May 2022.
Citi fined $78 million after a European trader's fat-finger trade caused a flash crash in stocks
A trading mistake at Citigroup in 2022 has led to a $78 million fine against the bank. The "fat-finger" trade caused a brief flash crash in European stocks in May 2022.
Citigroup fined over ‘fat finger' error that led to £1.1bn of mistaken orders
UK regulators fine bank £61.6m over 2022 trader blunder that prompted flash crash in European stocks
Citigroup Fined £62 Million After UK Trader Caused Flash Crash
Citigroup has been fined £61.6 million ($79 million) by UK regulators for failures after a London staffer's fat-finger trade caused a flash crash in European stocks in 2022. The trader had intended to...
A Citi trader intending to sell $58 million of shares ended up selling $1.4 billion. Now the bank has been fined.
Trading incidents including one where Citigroup executed $1.4 billion of sell orders when intending to sell $58 million of shares led British regulators on Tuesday to fine the bank over trading contro...
Citi fined $78 million by British regulators over fat-finger trading and control errors
British regulators on Wednesday dished out a combined £61.6 million ($79 million) in fines to U.S. investment bank Citi for failings in its trading systems and controls.
Citigroup Global Markets Fined by U.K. Watchdog Over Trading Error
The U.K. Financial Conduct Authority fined Citigroup Global Markets $35.3 million after failings in the group's systems and controls led to $1.4 billion of equities being sold in error.
Citi fined $79 mln by UK regulators over trading and control failures
Britain's banking and financial regulators said on Wednesday they had fined U.S. bank Citigroup more than 61.6 million pounds ($78.54 million) for failures in its trading systems and controls.
Here's why Wells Fargo's Mike Mayo is bullish on Citigroup
Mike Mayo, Wells Fargo senior bank analyst, joins 'Closing Bell' to discuss JPMorgan's investor day.
U.S. regulators reconsider capital hike for big banks, WSJ reports
The Federal Reserve and two other U.S. regulators are moving toward a new plan that would significantly reduce a nearly 20% mandated increase in capital for the country's biggest banks following lobby...
Citigroup Announces $1.5 Billion Redemption of 4.140% Fixed Rate / Floating Rate Notes due 2025 and $500.0 Million Redemption of Floating Rate Notes due 2025
NEW YORK--(BUSINESS WIRE)--Citigroup Inc. is announcing the redemption, in whole, constituting $1,500,000,000 of its 4.140% Fixed Rate / Floating Rate Notes due 2025 (the “fixed rate / floating rate n...
Report: Citi's Heads of Legacy Franchises, Operations and Technology Depart
Citi has reportedly announced in an internal memo the departure of two executives, including one who implemented the bank's recently completed restructuring.
Citi executive in charge of implementing bank's restructuring departs
Citigroup's Titi Cole, a top executive in charge of implementing its sweeping restructuring plan, is leaving the bank, an internal memo seen by Reuters showed on Tuesday.
Citi Enhances the Citi Premier Card With New Benefits to Make Travel Adventures More Rewarding
NEW YORK--(BUSINESS WIRE)--Today, Citi announced the Citi Strata Premier℠ Card – an enhancement of the existing Citi Premier® Card – now offering increased benefits and more opportunities to earn Than...
Citigroup Stock Has Gained 23% YTD, Where Is It Headed?
Citigroup's stock (NYSE: C) has gained 23% YTD, as compared to the 9% rise in the S&P500 over the same period. Further, the stock is currently trading at $63 per share, which is 5% below its fair valu...
US banks face climate risk data challenges, Fed analysis shows
U.S. banks face significant data and modeling challenges in predicting the impact of climate change on their loan books, the Federal Reserve said on Thursday after its first analysis on the issue.
Citi Makes Strategic Investment in Cicada to Facilitate Institutional e-Trading of Mexican Government Bonds
NEW YORK--(BUSINESS WIRE)--Citi has made a strategic minority investment in Cicada Technologies Inc. The investment was made by Citi's Markets Strategic Investments unit, which is responsible for the ...
Biden set to meet with executives from Citi, United Airlines, Marriott and others
The guests include United Airlines CEO Scott Kirby, Citi CEO Jane Fraser, Evercore founder Roger Altman, Marriott International CEO Anthony Capuano and others.
3 Stocks with High Dividend Yields that Warren Buffett Likes
#Morningstar #WarrenBuffet #StockInvesting The dividend yields on these stocks in Berkshire Hathway's portfolio are twice that of the market. 00:00 Introduction 00:37 Coca-Cola KO 01:13 Chevron CVX 0...