Citi: Reasonable Q3 Results But Shares Appear Fairly Valued

Nov 19, 2024 · Citi is undergoing a turnaround, showing improvements in Services, Banking, and Wealth units, but USPB and Markets segments remain as laggards. Q3 FY24 results were …

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3Q ROE CET1 3Q 6.2% Capital EPS Ratio $1.51 3Q RoTCE 7.0

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Citi CEO Jane Fraser said, ... THIRD QUARTER 2024 RESULTS AND KEY METRICS RETURNED ~$2.1 BILLION IN THE FORM OF COMMON DIVIDENDS AND SHARE …

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Earnings Results Presentation - Citigroup

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Tangible Book Value Per Share(4) 3Q23 $86.90 vs. 3Q22 8% TTS highest revenue quarter in the last decade Cross border transaction value up ~16% YoY Securities Services revenue up 16% …

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Citigroup Stock (NYSE:C) Q3 Earnings Rebound Is Bullish

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Oct 16, 2023 · Furthermore, tangible book value was up 1.8% quarter-over-quarter to $86.90/share, and earnings per share were $1.63/share in Q3, flat year-over-year. Q3-2023 …

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Why Citigroup's Stock Is A Top Pick | Morningstar

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Feb 15, 2023 · Fair Value Estimate for Citigroup Stock. After incorporating the latest earnings results, we are maintaining our $75 fair value estimate. This incorporates a mild recession …

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Citigroup Inc. (C) Dividend History, Dates & Yield - Stock Analysis

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Nov 4, 2024 · Citigroup has an annual dividend of $2.24 per share, with a yield of 3.21%. ... 4 days ago - Citi gets license for regional headquarters in Saudi Arabia, ... Reasonable Q3 …

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Fourth Quarter And Full Year 2023 Results And Key Metrics

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Jan 12, 2024 · Citigroup’s book value per share of $98.71 and tangible book value per share of $86.19 at quarter end increased 5% and 6%, respectively, versus the prior-year period. The …

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FAQs about Citi: Reasonable Q3 Results But Shares Appear Fairly Valued Coupon?

Does Citi (C) have a good Q3 performance?

Citi (NYSE:C) is in the midst of a turnaround which is slowly but surely improving the earnings results being achieved by the bank. While Q3 results did see some solid gains in their Services, Banking and Wealthunits, the lacklustre performance by the USPB and Markets segments still raise some concerns. ...

Is Citi a good stock to buy in Q3?

With a CET1 Capital ratio of 13.7% (above the target of 13%) and a total supplementary leverage ratio of 5.8% which is well above the 5% minimum requirement, Citi appears to still be on solid financial underpinnings. Overall, Q3 was a confusing quarter for Citi. ...

Was Q3 a confusing quarter for Citi?

Overall, Q3 was a confusing quarter for Citi. While strong equities markets and easing interest rates should have helped bolster NIM and Markets earnings, Citi continued to generate lackluster performances in both of these key categories. ...

Is Citigroup doing better with Q3 results?

Citigroup is already seeing improved profitability with its Q3 results. Nevertheless, management knows it needs to do better and is set to realign the company's operations starting in 2024, resulting in even higher operating momentum. ...

Will Citigroup exceed its revenue target in Q4 2023?

As a result, the bank is on track to exceed its revenue target for 2023, assuming stable operating conditions in Q4. Some of the revenue gains will be due to one-off business exits, setting the stage for tough revenue comparisons in 2024. Q4 2023 will be the last quarter in which Citigroup reports results using the current segment structure. ...

Is Citigroup stock undervalued?

Citigroup's stock trades significantly below tangible book value, presenting a strong buying opportunity with a 3.9% dividend yield and the potential for increased share buybacks. Basel III capital re... US stocks (^DJI,^GSPC, ^IXIC) are mixed in Tuesday's trading session as investors prepare for a rocky month ahead. ...