Citigroup Earnings: Undervalued Citi Keeps Revenue Intact, and …

Current Morningstar Fair Value Estimate: $75 Stock Star Rating: 5 Stars Economic Moat Rating: None Moat Trend Rating: Stable See more

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$75
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Citigroup Earnings: Undervalued Citi Keeps Revenue Intact, And …

1 day from now

Current Morningstar Fair Value Estimate: $75 Stock Star Rating: 5 Stars Economic Moat Rating: None Moat Trend Rating: Stable See more

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$400
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Citigroup Stock (NYSE:C): Upside Potential Remains Intact

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Jul 15, 2024 · It is noteworthy that Citigroup’s results included a one-off $400 million gain related to the Visa B exchange.After outlining the bank’s Q2-2024 results, I can conclude that …

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Solid Q4 Results For Citigroup; Stock Remains Most Undervalued …

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Jan 13, 2023 · Citigroup Earnings Update. No-moat-rated Citigroup reported decent fourth-quarter earnings. Earnings per share of $1.16 came in roughly in line with the FactSet consensus of …

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JPMorgan And Citigroup: Undervalued Giants Poised For Market

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May 13, 2024 · The bank's Treasury and Trade Solutions division was a standout, notching 18% growth as rising interest rates and transaction volumes boosted revenue. CEO Jane Fraser …

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Citigroup Earnings: Although Revenue Growth Is Working

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Oct 24, 2023 · No-moat Citigroup C reported earnings that were ahead of our expectations, with EPS of $1.63 compared with our forecast of $1.50 and FactSet consensus of $1.24. Fees and …

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$210
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Citigroup: Still Undervalued As Restructuring Is Showing Results

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20 hours ago · Citigroup's Q3 indicates that the turnaround is working, and I think shares are still undervalued. On Citigroup's balance sheet, they have $210 billion in equity and have …

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Citigroup Earnings: Turnaround Remains Complex, Expense …

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Jan 16, 2024 · What We Thought of Citigroup’s Earnings. Citigroup C posted disappointing numbers for the fourth quarter, with a loss of $1.8 billion, or $1.16 per share. This was …

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Citigroup: Deep Dive Analysis And Its Turnaround Prospects (C)

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Oct 27, 2023 · Q2 saw Citi's revenue fall 1% YoY while net income dropped 36% YoY. The bank's ROTCE ratio dropped substantially by 4.6% to just 6.6% while their CET1 ratio continued to …

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Fourth Quarter 2021 Earnings Results Presentation - Citigroup

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Net Income 4Q21 $3.2 billion 2021 $22.0 billion EPS $1.46 2021 $10.14 RoTCE(1) 4Q21 7.4 % 2021 13.4 % ... Executing with Excellence Across All Priorities to Unlock the Value of Citi …

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Fourth Quarter And Full Year 2021 Results And Key Metrics

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Jan 14, 2022 · Citigroup net income of $3.2 billion in the fourth quarter 2021 decreased 26% from the prior-year period, driven by the higher expenses, partially offset by the higher revenues …

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FAQs about Citigroup Earnings: Undervalued Citi Keeps Revenue Intact, and … Coupon?

How did Citigroup perform in Q4 2023?

Citigroup net loss of $ (1.8) billion in the fourth quarter 2023, compared to net income of $2.5 billion in the prior-year period, driven by the higher expenses, the higher cost of credit and the lower revenues. ...

Why did Citigroup's operating expenses decrease 4% in Q4 2022?

Citigroup operating expenses of $13.0 billion in the fourth quarter 2022 decreased 4%, primarily driven by the absence of divestiture-related costs related to the Korea VERP in the prior-year period. ...

Are Citigroup shares undervalued?

The bank's turnaround strategy, led by CEO Jane Fraser, aims to divest unprofitable units and cut costs. Citigroup's financial performance has been lagging behind its peers, but its improving liquidity and increasing dividend payout indicate positive progress. I believe shares may be intrinsically undervalued by almost 50%. ...

Why did Citi's revenue decline 3%?

Citi-Branded Cards revenues of $2.1 billion decreased 3%, primarily reflecting continued higher payment rates. Citi Retail Services revenues of $1.3 billion decreased 10%, reflecting lower average loans and higher partner payments. Retail Banking revenues of $1.0 billion decreased 6%, driven by lower deposit spreads and lower mortgage revenues. ...

What is Citigroup's tax rate?

Citigroup's effective tax rate was 19.5% in the current quarter compared to 20.5% in the fourth quarter 2020. Citigroup's allowance for credit losses on loans was $16.5 billion at quarter end, or 2.49% of total loans, compared to $25.0 billion, or 3.73% of total loans, at the end of the prior-year period. ...

Why is Citigroup's CET1 capital ratio so high?

At quarter end, Citigroup’s CET1 Capital ratio was 13.3% versus 13.6% in the prior quarter, driven by the net loss for the period, higher deferred tax assets, payment of common and preferred dividends, share repurchases, and higher risk-weighted assets, partially offset by a benefit from the accumulated other comprehensive income (AOCI). ...