Citigroup Inc
C
Market Cap$122.78B
Close$
Earnings Call Q2 2024
July 12, 2024 - AI Summary
Citigroup reported net income of $3.2 billion for the second quarter, with earnings per share of $1.52 and a return on tangible common equity (RoTCE) of 7.2%.
Revenues increased by 4% across all five core businesses, driven by growth in services, markets, banking, wealth, and US personal banking.
Expenses decreased by 2% year-over-year, reflecting cost-saving measures from organizational simplification and stranded cost reductions.
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$-36.71
164.1% downside
Current Fair Value
164.1% downsideOvervalued by 164.1% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $122.78 Billion |
|---|---|
| Enterprise Value | $773.92 Billion |
| Dividend Yield | $2.0897 (3.25%) |
| Earnings per Share | $3.38 |
| Beta | 0.89 |
| Outstanding Shares | 1,907,439,613 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 18.6 |
|---|---|
| PEG | 179.51 |
| Price to Sales | 1.4 |
| Price to Book Ratio | 0.53 |
| Enterprise Value to Revenue | 9.7 |
| Enterprise Value to EBIT | 59.2 |
| Enterprise Value to Net Income | 97 |
| Total Debt to Enterprise | 0.81 |
| Debt to Equity | 3 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About Citigroup Inc
210,153 employees
CEO: Michael Corbat Citigroup Inc. or citi is an American multinational investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant Citicorp and financial conglomerate Travelers G...