In the closing of the recent trading day, Citigroup (C) stood at $75.53, denoting a +0.67% change from the preceding trading day.
Can BAC's branch expansion efforts provide an edge over C's focus on expense control and business streamlining initiatives? Let us find out.
Citigroup (C) concluded the recent trading session at $75.03, signifying a -0.58% move from its prior day's close.
C's arm announces a deal to transfer Polish consumer banking unit to VeloBank, aligning with its global retail exit strategy.
Citi Handlowy, a Polish banking business that is majority-owned by a Citigroup subsidiary, plans to sell its consumer banking business to VeloBank S.A., a Poland-based universal bank.
We initiate coverage on Citigroup Inc. with a Buy rating, driven by our conviction that the company's transformation will generate outsized EPS growth and risk-adjusted returns. Citi's disciplined expense management, segment momentum, and aggressive $20B buyback underpin my view that the Street underestimates its earnings power. Valuation at 9.5x FY26E P/E is conservative versus peers, balancing Citi's earnings trajectory with ongoing regulatory and macro risks.
C launches AI-powered tools in Hong Kong to streamline internal operations and improve efficiency.
I upgrade Citigroup to a buy as technicals are net bullish and the turnaround appears to be underway, despite some consolidation risk. Q1 earnings were impressive, with EPS growth at multiyear highs and ROTCE showing significant year-over-year improvement, signaling a recovery. Citi trades at a 41% P/B discount to sector peers, indicating undervaluation, given the improving fundamentals and inflection point for the business.
Citigroup (C) reachead $76.13 at the closing of the latest trading day, reflecting a +0.54% change compared to its last close.
Citigroup Inc. C is planning to cut up to 200 information technology (IT) contractor jobs in China as part of a strategy to recruit its staff globally, aiming to improve risk management and data governance. This was reported by Reuters, citing people familiar with the matter.
Warren Buffett sheds C shares. Let us assess whether to follow Buffett or hold on to your investment for generating robust returns over time.
Berkshire disclosed the trades in a regulatory filing detailing its US-listed stock holdings as of March 31.