Citigroup: Still Undervalued As Restructuring Is Showing Results

17 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: Still Undervalued As Restructuring Is Showing Results

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17 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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C - Citigroup: Still Undervalued As Restructuring Is...

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17 hours ago · 2024-11-27 09:00:00 ET Summary Citigroup has appreciated over 50% in the past year yet still trades at a discount offering a 3%+ dividend yield and.0. ... Citigroup: Still …

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Citigroup Earnings: Undervalued Citi Keeps Revenue Intact, And …

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

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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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Citigroup Earnings: Turnaround Remains Complex, Expense …

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Jan 16, 2024 · Citigroup C posted disappointing numbers for the fourth quarter, with a loss of $1.8 billion, or $1.16 per share. This was primarily due to various nonrecurring charges, including …

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Citigroup Is The Most Fundamentally Undervalued Large U.S. Bank

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Oct 18, 2021 · Citigroup trades at roughly 90% of tangible book value and around 7.5x normalized earnings. Read why C stock is fundamentally undervalued.

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Citigroup Slashes Promotions As It Seeks To Overhaul Bank, FT Reports

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2 days ago · Managers have been told that as many as 2,000 Citi employees could get promotions, with pay hikes limited to 15%, in the next month, down from about 8,000 in …

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FAQs about Citigroup: Still Undervalued As Restructuring Is Showing Results Coupon?

Why is Citigroup undergoing a restructuring process?

Citigroup is undergoing a restructuring process to reduce management layers, streamline its global footprint, and cut excess headcount. The effort to reduce senior headcount and cut reporting lines is causing confusion and may not lead to significant cost reductions. ...

How did Citigroup perform in Q4 2023?

Citigroup ( NYSE:C) recently reported its Q4-2023 earnings results, which I’ll discuss in detail. In a nutshell, the bank’s Q4 results were impacted by $4.7 billion in regulatory, restructuring, and business loss charges, pushing Citigroup to a quarterly loss. ...

Should Citigroup sell off noncore units?

Simplifying the business and selling off noncore units should help Citigroup free up extra capital and derisk the business, which should lead to an opportunity for share repurchases and a lower required discount rate. The shares trade at far less than tangible book value, not a hard hurdle to clear. ...

Will Citigroup reach its profitability target in 2024?

Firstly, Citigroup has not yet reached its profitability target and is unlikely to do so in 2024, given the ongoing restructuring efforts. Furthermore, JPMorgan has delivered strong profitability year after year, earning investors’ confidence. ...

Is Citigroup a good stock to pick against other competitors?

Citigroup's comparable valuation and positioning are not good enough to pick it against other competitors. Citigroup ( NYSE: C) is undergoing a new restructuring process under Jane Fraser’s aim to reduce management layers, streamline the global footprint, and aggressively cut excess (senior) headcount. ...

Will Citigroup's returns and revenue growth be lower than peers?

Citigroup's returns and revenue growth will be lower than peers', and there remains room for negative surprises on expenses as the bank invests in regulatory and growth initiatives. Remove the guesswork and make informed decisions faster. ...