Citigroup (C) AI Stock Analysis

• Market Cap: $175.57B
• Dividend Yield: 2.38%
• Average Volume (3M): 14.44M
• Price to Earnings (P/E): 13.9
• Beta (1Y): 1.44
• Revenue Growth: 0.52%
• EPS Growth: 89.25%
• Country: US
• Employees: 229,000
• Sector: Financial
• Sector Strength: 76
• Industry: Banks - Diversified
• EPS (TTM): 1.96
• Shares Outstanding: 1,867,733,600
• 10 Day Avg. Volume: 17,633,936
• 30 Day Avg. Volume: 14,437,089
• PEG Ratio: 1.89
• Price to Book (P/B): 0.81
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.31
• Enterprise Value/Market Cap: 3.47
• Enterprise Value/Revenue: 0.90
• Enterprise Value/Gross Profit: 8.56
• Enterprise Value/Ebitda: 8.11
• 1Y Price Target: $100.22
• Price Target Upside: 6.62% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 17

• Rating: 73 Outperform
• Price Target: $101.00 ▲(7.45%Upside)

Citigroup's overall score is driven by strong earnings performance and strategic capital returns, moderated by high debt levels and liquidity concerns. Technical indicators support a positive momentum, while valuation metrics indicate fair pricing. Corporate events further reinforce a robust capital strategy.

Positive Factors

Profitability Outlook

Management actions under CEO Jane Fraser are making Citigroup competitive and putting the bank on a path to sustained 10%+ returns, indicating a positive profitability outlook.

Share Buybacks

Share buybacks are likely to increase sharply, given excess capital.

Negative Factors

Non-performing Loans

Non-performing loans rose sharply, led by C&I loans in Markets and wealth management loans.

Wealth Segment

Core trends in the Wealth segment were tepid with a very sharp slowdown in net new assets invested.

Citigroup Business Overview & Revenue Model

Company Description

Citigroup Inc., a diversified financial services holding company, provides various financial products and services to consumers, corporations, governments, and institutions in North America, Latin America, Asia, Europe, the Middle East, and Africa. The company operates in two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG). The GCB segment offers traditional banking services to retail customers through retail banking, Citi-branded cards, and Citi retail services. It also provides various banking, credit card, lending, and investment services through a network of local branches, offices, and electronic delivery systems. The ICG segment offers wholesale banking products and services, including fixed income and equity sales and trading, foreign exchange, prime brokerage, derivative, equity and fixed income research, corporate lending, investment banking and advisory, private banking, cash management, trade finance, and securities services to corporate, institutional, public sector, and high-net-worth clients. As of December 31, 2020, it operated 2,303 branches primarily in the United States, Mexico, and Asia. Citigroup Inc. was founded in 1812 and is headquartered in New York, New York.

How the Company Makes Money

Citigroup generates revenue through a diverse range of financial services and products offered under its Global Consumer Banking and Institutional Clients Group segments. In the GCB segment, the company earns income from retail banking services such as deposits, loans, and mortgages, as well as credit card services where it charges interest and fees. The ICG segment generates revenue from investment banking activities, including advisory and underwriting services, trading and securities services, and lending to institutional clients. Additionally, Citigroup earns fees from asset management and private banking services. The company's global presence and extensive client network are significant factors contributing to its revenue generation capabilities. Citigroup's strategic partnerships and digital banking initiatives also play a crucial role in enhancing its service offerings and expanding its customer base.

Citigroup Financial Statement Overview

Summary

Citigroup demonstrates strong revenue growth and profitability with a high gross profit margin and net income growth. However, the high debt-to-equity ratio and negative cash flow indicate significant leverage and liquidity challenges.

Income Statement

Citigroup's TTM (Trailing-Twelve-Months) income statement reflects strong profitability with a high gross profit margin of 77.1% and a solid net profit margin of 13.6%. Revenue growth over recent years shows a positive trend with a 38% increase in TTM revenue compared to the previous annual period. However, the EBIT margin has seen some fluctuation, indicating potential volatility in operational efficiency.

Balance Sheet

Citigroup's balance sheet shows a high debt-to-equity ratio of 3.52, which suggests significant leverage. The equity ratio is relatively low at 8.3%, indicating a heavy reliance on debt financing. Despite this, the return on equity of 6.3% is moderate, suggesting adequate profitability relative to equity. The high level of cash and short-term investments provides a buffer against potential financial instability.

Cash Flow

The cash flow statement reveals challenges with negative free cash flow and operating cash flow, indicating potential liquidity issues. The free cash flow to net income ratio is negative, highlighting a disconnect between profitability and cash generation. Citigroup's operating cash flow to net income ratio is also negative, which may signal inefficiencies in converting revenue into cash flow.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	170.71B	155.38B	100.22B	79.87B	88.83B
Gross Profit	71.12B	67.90B	69.37B	75.78B	58.12B
EBITDA	21.36B	17.47B	23.07B	31.43B	17.57B
Net Income	12.68B	9.23B	14.85B	21.95B	11.05B
Balance Sheet
Total Assets	2.35T	2.41T	2.42T	2.29T	2.26T
Cash, Cash Equivalents and Short-Term Investments	498.02B	506.00B	580.77B	541.33B	638.78B
Total Debt	590.56B	602.18B	521.15B	473.63B	500.73B
Total Liabilities	2.14T	2.21T	2.21T	2.09T	2.06T
Stockholders Equity	208.60B	205.45B	201.19B	201.97B	199.44B
Cash Flow
Free Cash Flow	-26.17B	-80.00B	19.44B	42.97B	-26.93B
Operating Cash Flow	-19.67B	-73.42B	25.07B	47.09B	-23.49B
Investing Cash Flow	86.25B	-8.46B	-79.45B	-110.75B	-92.44B
Financing Cash Flow	-38.30B	687.00M	137.76B	17.27B	233.59B

Citigroup Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 94.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For C, the sentiment is Positive. The current price of 94 is above the 20-day moving average (MA) of 88.42, above the 50-day MA of 81.30, and above the 200-day MA of 72.73, indicating a bullish trend. The MACD of 3.93 indicates Negative momentum. The RSI at 79.19 is Negative, neither overbought nor oversold. The STOCH value of 92.60 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for C.

Citigroup Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HSBC	80 Outperform	$219.26B	11.60	10.83%	7.53%	-1.91%	-6.79%
WFC	78 Outperform	$268.08B	14.12	11.51%	1.94%	0.22%	19.89%
MUFG	76 Outperform	$154.36B	13.03	9.18%	2.56%	5.39%	20.82%
JPM	74 Outperform	$809.47B	14.94	16.13%	2.21%	4.04%	8.73%
C	73 Outperform	$175.57B	13.90	6.64%	2.38%	0.52%	89.25%
BAC	73 Outperform	$356.41B	13.87	9.46%	2.68%	3.21%	20.49%
Sector *	68 Neutral	$16.93B	11.67	9.79%	3.89%	11.83%	-7.56%

Citigroup Corporate Events

Citigroup Completes 2025 Stress Test, Plans Dividend Increase

On July 1, 2025, Citigroup announced the completion of the Federal Reserve Board’s 2025 annual supervisory stress test, resulting in a reduced Stress Capital Buffer requirement of 3.6% and a preliminary Standardized Common Equity Tier 1 capital ratio requirement of 11.6%. As of March 31, 2025, Citi’s CET1 capital ratio stood at 13.4%, exceeding the regulatory requirement. Citi plans to increase its quarterly common stock dividend and continues its $20 billion share repurchase program, having repurchased $3.75 billion year-to-date. These actions reflect Citi’s strong capital position and strategic focus on returning capital to shareholders.

The most recent analyst rating on (C) stock is a Buy with a $71.00 price target. To see the full list of analyst forecasts on Citigroup stock, see the C Stock Forecast page.

Citigroup Appoints Jonathan Moulds as Independent Director

On June 16, 2025, Citigroup‘s Board of Directors elected Jonathan Moulds as an independent director, appointing him to the Risk Management and Transformation Oversight Committees. Moulds, who has a distinguished career in financial services, including roles at Bank of America and Barclays, is expected to enhance Citi’s board with his expertise in global markets and operational efficiency. His appointment is seen as a strategic move to strengthen Citi’s governance and oversight, potentially impacting the company’s operations and industry positioning positively.

The most recent analyst rating on (C) stock is a Buy with a $71.00 price target. To see the full list of analyst forecasts on Citigroup stock, see the C Stock Forecast page.

Citigroup Stockholders Approve Key Amendments at Annual Meeting

On April 29, 2025, Citigroup Inc. held its Annual Meeting of Stockholders where several key decisions were made. The stockholders approved an amendment to the Citigroup 2019 Stock Incentive Plan, increasing the authorized shares by 30 million. Additionally, 12 directors were elected, KPMG LLP was ratified as the independent accounting firm for 2025, and the 2024 Executive Compensation was approved. However, several stockholder proposals, including those on golden parachutes, Indigenous Peoples’ rights, climate change, and animal welfare, were not approved.