Want to see C full AI Analyst Report?
Top Page
Citigroup
(NYSE:C)
Select Model
Select Model
Rating:63Neutral
Price Target:
$150.00
â–²(13.48% Upside)
Action:Reiterated
Date:07/14/26
The score is driven most by a mixed financial profile: strong revenue/profit recovery but persistently negative operating/free cash flow and higher leverage. Earnings-call tone and results are a notable positive (improving returns and sizable shareholder distributions), while technicals are supportive but not strongly bullish, and valuation/dividend support is moderate.
Positive Factors
Diversified global franchise
Citigroup's revenue strength is broad-based across Services, Markets, Banking and Wealth, reducing dependence on any single cycle. Durable multi-line fee and NII engines (cross-border, custody, markets, IB) support more stable top-line and client stickiness over the medium term.
Negative Factors
Persistent negative cash flow
Multi-year negative operating and free cash flow materially reduce Citi's internal funding capacity. Even with balance-sheet nuances for banks, persistent cash outflows limit organic investment funding, heighten reliance on wholesale funding or capital actions, and weaken long-term financial flexibility.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified global franchise
Citigroup's revenue strength is broad-based across Services, Markets, Banking and Wealth, reducing dependence on any single cycle. Durable multi-line fee and NII engines (cross-border, custody, markets, IB) support more stable top-line and client stickiness over the medium term.
Read all positive factors
Citigroup Key Performance Indicators (KPIs)
Any
Institutional Revenue Breakdown
Details revenue from institutional clients, highlighting Citigroup's performance in investment banking, trading, and other financial services for large organizations.
Details revenue from institutional clients, highlighting Citigroup's performance in investment banking, trading, and other financial services for large organizations.
Data provided by:
The Fly
The FlyCitigroup (C) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$228.55B
Dividend Yield1.94%
Average Volume (3M)13.47M
Price to Earnings (P/E)14.3
Beta (1Y)1.43
Revenue Growth3.91%
EPS Growth37.25%
CountryUS
Employees224,000
SectorFinancial
Sector Strength70
IndustryBanks - Diversified
Share Statistics
EPS (TTM)8.20
Shares Outstanding1,714,907,500
10 Day Avg. Volume12,190,391
30 Day Avg. Volume13,472,185
Financial Highlights & Ratios
PEG Ratio0.81
Price to Book (P/B)1.00
Price to Sales (P/S)1.26
P/FCF Ratio-2.86
Enterprise Value/Market Cap4.25
Enterprise Value/Revenue5.67
Enterprise Value/Gross Profit12.47
Enterprise Value/Ebitda36.87
Forecast
1Y Price Target
$155.77Price Target Upside17.85% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering16
EPS Forecast (FY)11.1
Revenue Forecast (FY)$95.02B
Citigroup Business Overview & Revenue Model
Company Description
Citigroup, Inc. is a holding company, which engages in the provision of financial products and services. It operates through the following segments: Services, Markets, Banking, Wealth, U.S. Personal Banking (USPB), and All Other. The Services segm...
How the Company Makes Money
Citigroup makes money primarily by generating net interest income and non-interest revenue across its banking and markets activities. Net interest income is earned from the spread between interest received on loans and interest-paying assets (e.g....
Citigroup Earnings Call Summary
Earnings Call Date:Jul 14, 2026
(Q2-2026)
| % Change Since: |
Next Earnings Date:Oct 13, 2026
Earnings Call Sentiment Positive
The call presented a strong set of operating and financial results across most businesses — double-digit revenue growth in 4 of 5 businesses, record revenues, improved ROTCE and meaningful capital returns (buybacks and higher dividend). Management emphasized continued investments (AI, front-office talent, product and marketing) to drive durable, higher returns, while candidly flagging near-term headwinds: elevated credit losses in cards, meaningful investments and severance that will pressure efficiency and a historically seasonal slowdown in markets that could compress second-half results. On balance the positives (broad-based revenue strength, capital flexibility, transformation progress and very strong performance in services, markets, banking and wealth) materially outweigh the disclosed challenges and planned near-term investments.Positive Updates
Strong Firm-Level Profitability
Net income of $5.8 billion, EPS $3.15, and ROTCE at 13% for Q2; year-to-date ROTCE of 13.1% — notable improvement (firm ROTCE up ~430 bps) and best quarterly revenue in a decade.
Negative Updates
US Consumer Cards Fee Revenue Pressure
US consumer cards non-interest revenues declined 47% year-over-year in the quarter due to higher partner accruals and new account acquisition costs (investments recorded as contra-revenue) despite NII up 5%.
Read all updates
Q2-2026 Updates
Positive
Negative
Strong Firm-Level Profitability
Net income of $5.8 billion, EPS $3.15, and ROTCE at 13% for Q2; year-to-date ROTCE of 13.1% — notable improvement (firm ROTCE up ~430 bps) and best quarterly revenue in a decade.
Read all positive updates
Company Guidance
Management reiterated a full‑year ROTCE target of 10–11% (YTD ROTCE 13.1%; Q2 ROTCE 13%, Q2 net income $5.8B, EPS $3.15) supported by NII ex‑markets growth of ~5–6% and continued NIR ex‑markets momentum, while cautioning markets revenues historically decline ~20% H1→H2 (could be greater this year); they expect a full‑year efficiency ratio around 60% (Q2 efficiency <58%; Q2 expenses $14.2B, +5%), reported Q2 total revenues $24.8B (+14% Y/Y) with positive operating leverage, and Q2 cost of credit $2.5B (U.S. credit‑card NCL guidance 4–4.5%); other key metrics: total reserves >$22B (reserve/funded loans 2.5%; U.S. card reserve/funded loans 7.6%; ~86% of card balances FICO ≥660), CET1 12.8% (~120 bps above the 11.6% requirement; targeted CET1 ~12.6%), SEV 3.6% (implied DFAST SEV 3.3%), assets $2.9T (+4% Q/Q), loans +4% Y/Y, deposits $1.5T (+3%), LCR 114% and >$1T available liquidity; capital actions include a $30B buyback program ($4B repurchased in Q2) and a planned 12% dividend increase beginning Q3, and management said it may accelerate organic investments and take additional severance to fund growth while maintaining discipline.Citigroup Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
55
Neutral
Cash Flow
34
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 171.19B | 168.30B | 170.71B | 155.38B | 100.22B | 79.87B |
| Gross Profit | 77.85B | 74.98B | 71.12B | 67.90B | 69.37B | 75.78B |
| EBITDA | 26.34B | 23.10B | 21.36B | 17.47B | 23.07B | 31.43B |
| Net Income | 15.99B | 14.27B | 12.68B | 9.23B | 14.85B | 21.95B |
Balance Sheet | ||||||
| Total Assets | 2.78T | 2.66T | 2.35T | 2.41T | 2.42T | 2.29T |
| Cash, Cash Equivalents and Short-Term Investments | 23.63B | 675.44B | 498.02B | 506.00B | 580.77B | 541.33B |
| Total Debt | 749.21B | 715.80B | 590.56B | 602.18B | 521.15B | 473.63B |
| Total Liabilities | 2.57T | 2.44T | 2.14T | 2.21T | 2.21T | 2.09T |
| Stockholders Equity | 210.96B | 212.29B | 208.60B | 205.45B | 201.19B | 201.97B |
Cash Flow | ||||||
| Free Cash Flow | -37.22B | -74.15B | -26.17B | -80.00B | 19.44B | 42.97B |
| Operating Cash Flow | -30.80B | -67.63B | -19.67B | -73.42B | 25.07B | 47.09B |
| Investing Cash Flow | -21.69B | -108.28B | 86.25B | -8.46B | -79.45B | -110.75B |
| Financing Cash Flow | 124.30B | 238.03B | -38.30B | 687.00M | 137.76B | 17.27B |
Citigroup Technical Analysis
Neutral
132.18
Price Trends
133.68
Positive
125.20
Positive
116.11
Positive
Market Momentum
0.65
Positive
44.45
Neutral
26.68
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For C, the sentiment is Neutral. The current price of 132.18 is below the 20-day moving average (MA) of 141.23, below the 50-day MA of 133.68, and above the 200-day MA of 116.11, indicating a neutral trend. The MACD of 0.65 indicates Positive momentum. The RSI at 44.45 is Neutral, neither overbought nor oversold. The STOCH value of 26.68 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for C.
Citigroup Risk Analysis
Citigroup disclosed 24 risk factors in its most recent earnings report. Citigroup reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Citigroup Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $918.78B | 14.91 | 16.32% | 1.79% | 8.17% | 19.76% | |
73 Outperform | $430.20B | 13.97 | 10.50% | 1.93% | -2.06% | 27.92% | |
73 Outperform | $346.28B | 16.42 | 12.07% | 4.14% | -6.12% | 12.49% | |
69 Neutral | $261.00B | 12.49 | 12.04% | 1.80% | 4.63% | 18.04% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
65 Neutral | $336.31B | 25.97 | 14.58% | 1.55% | 2.31% | 42.87% | |
63 Neutral | $228.55B | 14.31 | 7.53% | 1.94% | 3.91% | 37.25% |
* Financial Sector Average
C
Citigroup
134.89
46.87
53.24%
BAC
Bank of America
61.59
16.54
36.72%
HSBC
HSBC Holdings
100.46
40.83
68.47%
JPM
JPMorgan Chase
346.91
66.46
23.70%
WFC
Wells Fargo
87.51
9.32
11.91%
GS
Goldman Sachs Group
1,152.07
457.24
65.81%
Citigroup Corporate Events
Business Operations and StrategyExecutive/Board ChangesShareholder Meetings
Citigroup Shareholders Approve Expanded Stock Incentive Plan
Positive
May 21, 2026
At its May 20, 2026 annual meeting, Citigroup stockholders approved an amendment to the Citigroup 2019 Stock Incentive Plan, increasing the authorized shares available for grants by 20 million, reinforcing the bank’s capacity to use equity-b...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.