Citigroup (C) AI Stock Analysis

• Market Cap: $208.79B
• Dividend Yield: 1.94%
• Average Volume (3M): 12.54M
• Price to Earnings (P/E): 16.7
• Beta (1Y): 1.38
• Revenue Growth: -0.62%
• EPS Growth: 105.57%
• Country: US
• Employees: 229,000
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Diversified
• EPS (TTM): 1.86
• Shares Outstanding: 1,789,266,100
• 10 Day Avg. Volume: 14,510,306
• 30 Day Avg. Volume: 12,535,124
• PEG Ratio: 0.22
• Price to Book (P/B): 0.64
• Price to Sales (P/S): 0.78
• P/FCF Ratio: -5.11
• Enterprise Value/Market Cap: 4.24
• Enterprise Value/Revenue: 5.26
• Enterprise Value/Gross Profit: 11.90
• Enterprise Value/Ebitda: 38.49
• 1Y Price Target: $121.07
• Price Target Upside: 2.00% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 15
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 66 Neutral
• Price Target: $127.00 ▲(6.99% Upside)

Score is held back primarily by weaker financial health signals (negative TTM operating/free cash flow and high leverage), partially offset by strong technical momentum and a solid earnings update featuring broad-based revenue strength and significant capital returns. Valuation is reasonable and recent corporate actions are mixed due to the expected Russia exit loss.

Positive Factors

Revenue Growth

The 9% revenue growth across all segments indicates strong market demand and effective business strategies, supporting long-term expansion.

Capital Return

Significant capital returns to shareholders reflect strong cash generation and financial health, enhancing shareholder value over time.

Regulatory Compliance

The termination of regulatory orders indicates improved compliance and risk management, strengthening Citi's operational stability.

Negative Factors

High Leverage

High leverage can limit financial flexibility and increase risk during economic downturns, potentially impacting long-term financial stability.

Negative Cash Flow

Negative cash flows suggest potential liquidity challenges, which could constrain investment and operational capabilities in the long term.

Russia Exit Loss

The significant loss from exiting Russia could impact financial results and strategic positioning, despite being capital neutral.

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 multiple streams. Its Global Consumer Banking segment earns money primarily from interest income on loans, fees from credit card services, and various banking fees. The Institutional Clients Group contributes significantly through investment banking services, including advisory fees, underwriting, and trading revenues. Additionally, Citigroup benefits from asset management fees and transaction-related fees in its wealth management services. The company's extensive network of partnerships with financial institutions and corporations enhances its ability to offer integrated financial solutions, further bolstering its earnings. Key factors contributing to its revenue include global economic conditions, interest rate fluctuations, and the performance of the capital markets.

Citigroup Financial Statement Overview

Summary

Citigroup's financial statements reflect challenges in revenue growth and cash flow management, with high leverage posing additional risks. While profitability margins show some operational improvements, the overall financial health is impacted by negative cash flows and high debt levels.

Income Statement

Citigroup's income statement shows a mixed performance. The TTM (Trailing-Twelve-Months) gross profit margin is stable at 43.11%, but the net profit margin has decreased to 8.45% from 19.71% in 2022. Revenue growth has been negative recently, indicating challenges in expanding top-line revenue. However, EBIT and EBITDA margins have shown slight improvements, suggesting operational efficiency gains.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio of 3.38 in the TTM, indicating significant leverage, which poses a risk in volatile markets. Return on equity is moderate at 6.72%, reflecting decent profitability relative to equity. The equity ratio stands at 8.13%, showing a relatively low proportion of equity financing compared to total assets.

Cash Flow

Cash flow analysis indicates negative operating and free cash flows in the TTM, which is concerning. However, free cash flow to net income ratio is positive at 1.07, suggesting that despite negative cash flows, the company is generating cash relative to its net income. The operating cash flow to net income ratio is negative, highlighting potential liquidity challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	168.35B	170.71B	155.38B	100.22B	79.87B	88.83B
Gross Profit	74.33B	71.12B	67.90B	69.37B	75.78B	58.12B
EBITDA	22.98B	21.36B	17.47B	23.07B	31.43B	17.57B
Net Income	14.69B	12.68B	9.23B	14.85B	21.95B	11.05B
Balance Sheet
Total Assets	2.64T	2.35T	2.41T	2.42T	2.29T	2.26T
Cash, Cash Equivalents and Short-Term Investments	672.58B	498.02B	506.00B	580.77B	541.33B	638.78B
Total Debt	720.24B	590.56B	602.18B	521.15B	473.63B	500.73B
Total Liabilities	2.43T	2.14T	2.21T	2.21T	2.09T	2.06T
Stockholders Equity	213.02B	208.60B	205.45B	201.19B	201.97B	199.44B
Cash Flow
Free Cash Flow	-74.35B	-26.17B	-80.00B	19.44B	42.97B	-26.93B
Operating Cash Flow	-69.39B	-19.67B	-73.42B	25.07B	47.09B	-23.49B
Investing Cash Flow	-47.56B	86.25B	-8.46B	-79.45B	-110.75B	-92.44B
Financing Cash Flow	144.76B	-38.30B	687.00M	137.76B	17.27B	233.59B

Citigroup Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 118.70
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 118.7 is above the 20-day moving average (MA) of 114.15, above the 50-day MA of 105.95, and above the 200-day MA of 89.13, indicating a bullish trend. The MACD of 3.92 indicates Positive momentum. The RSI at 68.19 is Neutral, neither overbought nor oversold. The STOCH value of 51.00 is Neutral, 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
WFC	80 Outperform	$292.56B	15.68	11.56%	1.80%	-4.37%	26.41%
HSBC	78 Outperform	$271.50B	16.98	8.66%	4.14%	-9.54%	-22.46%
GS	73 Outperform	$263.64B	18.57	13.57%	1.55%	2.31%	44.49%
BAC	72 Outperform	$401.64B	15.25	9.87%	1.93%	0.15%	33.84%
JPM	72 Outperform	$877.17B	16.12	16.35%	1.79%	1.89%	12.32%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
C	66 Neutral	$208.79B	16.69	6.88%	1.94%	-0.62%	105.57%

Citigroup Corporate Events

Citigroup Board Approves Sale of Remaining Russian Operations

On December 29, 2025, Citigroup’s board approved a plan to sell AO Citibank, which houses Citi’s remaining operations in Russia and is currently reported across its Services, Markets, Banking and Legacy Franchises segments. As a result, Citi will classify its Russian business as held for sale beginning in the fourth quarter of 2025, with the transaction expected to be signed and closed in the first half of 2026, triggering an approximately $1.2 billion pre-tax loss on sale in the fourth quarter tied largely to previously accumulated currency translation adjustment losses. The loss recognition, which is recorded as a reduction of Other Revenue via a valuation allowance and incorporates expected benefits from derecognizing a fully reserved net investment and anticipated sale proceeds, is described as capital neutral to Citi’s Common Equity Tier 1 ratio once the related CTA amounts are released from accumulated other comprehensive income, though the ultimate loss remains subject to foreign exchange movements.

The most recent analyst rating on (C) stock is a Buy with a $125.00 price target. To see the full list of analyst forecasts on Citigroup stock, see the C Stock Forecast page.

Citigroup Establishes New Series of Preferred Stock

On December 9, 2025, Citigroup Inc. filed a Certificate of Designations with the Delaware Secretary of State to establish a new series of preferred stock, the 6.625% Fixed Rate Reset Noncumulative Preferred Stock, Series HH. This move, effective immediately upon filing, is part of Citigroup’s strategic efforts to enhance its capital structure and offer diversified investment options, potentially impacting its market positioning and stakeholder interests.

The most recent analyst rating on (C) stock is a Hold with a $110.00 price target. To see the full list of analyst forecasts on Citigroup stock, see the C Stock Forecast page.

Citigroup Announces New CFO in Leadership Transition

On November 19, 2025, Citigroup announced a significant leadership transition, appointing Gonzalo Luchetti as the new Chief Financial Officer, effective March 2026, succeeding Mark Mason, who will become Executive Vice Chair and Senior Executive Advisor. This change is part of a broader strategic restructuring to integrate Retail Banking into the Wealth business and establish U.S. Consumer Cards as a core business, aiming to enhance Citi’s competitive positioning and growth trajectory.

The most recent analyst rating on (C) stock is a Buy with a $120.00 price target. To see the full list of analyst forecasts on Citigroup stock, see the C Stock Forecast page.

Citigroup Awards CEO Jane Fraser $25M Equity Package

On October 22, 2025, Citigroup‘s Board of Directors awarded CEO Jane Fraser a one-time equity award valued at $25 million in Restricted Stock Units and 1.055 million stock options, reflecting her leadership and strategic execution. This decision underscores the Board’s confidence in Fraser’s ability to drive long-term growth and stability, as evidenced by Citi’s organizational transformation, strategic asset sales, and stock performance improvements since 2022.

The most recent analyst rating on (C) stock is a Hold with a $107.00 price target. To see the full list of analyst forecasts on Citigroup stock, see the C Stock Forecast page.