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 for clients, local market expertise, post-trade technologies, data solutions, and various securities services solutions. The Markets segment offers sales and trading services for equities, foreign exchange, rates, spread products, and commodities to corporate, institutional, and public sector clients; and market-making services, including asset classes, risk management solutions, financing, prime brokerage, research, securities clearing, and settlement. The banking segment includes investment banking; advisory services related to mergers and acquisitions, divestitures, restructurings, and corporate defense activities; and corporate lending, which includes corporate and commercial banking. The U.S. Personal Banking segment provides co-branded cards and retail banking services. The Wealth segment provides financial services to high-net-worth clients through banking, lending, mortgages, investment, custody, and trust product offerings; and to professional industries, including law firms, consulting groups, accounting, and asset management. The company was founded in 1812 and is headquartered in New York, New York.
Transformation Journey | Citigroup's multi-year plan aims for 11-12% RoTCE, focusing on high-return businesses and divesting global banking assets to reshape its portfolio |
Financial Resilience | Despite mixed results, Citigroup maintains $80-81B revenue guidance for 2024, with analysts projecting EPS of $6.21 for 2024 and $7.14 for 2025 |
Crown Jewel Services | Explore Citigroup's Services division, boasting 20%+ RoTCE and driving growth through cross-border solutions, targeting mid-20%s RoTCE in medium term |
Navigating Headwinds | Citigroup faces challenges in maintaining growth amid economic uncertainties, with analyst price targets ranging from $63 to $70, reflecting mixed outlooks |
Metrics to compare | C | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipCPeersSector | |
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P/E Ratio | 19.4x | 13.1x | 8.7x | |
PEG Ratio | −0.43 | −0.66 | 0.03 | |
Price/Book | 0.7x | 1.2x | 1.0x | |
Price / LTM Sales | 1.9x | 3.6x | 2.7x | |
Upside (Analyst Target) | 4.2% | 4.7% | 10.6% | |
Fair Value Upside | Unlock | 17.3% | 2.7% | Unlock |