NYSE:C

Stock Analysis Report

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Executive Summary

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. More Details


Snowflake Analysis

Flawless balance sheet established dividend payer.


Similar Companies

Share Price & News

How has Citigroup's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: C is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: C's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

3.6%

C

-0.8%

US Banks

-3.4%

US Market


1 Year Return

10.0%

C

22.0%

US Banks

29.4%

US Market

Return vs Industry: C underperformed the US Banks industry which returned 22% over the past year.

Return vs Market: C underperformed the US Market which returned 29.4% over the past year.


Shareholder returns

CIndustryMarket
7 Day3.6%-0.8%-3.4%
30 Day17.2%19.3%0.6%
90 Day19.1%26.7%6.3%
1 Year14.6%10.0%26.4%22.0%32.2%29.4%
3 Year3.5%-5.8%14.5%4.8%51.3%41.7%
5 Year90.3%68.7%104.9%79.0%119.6%95.2%

Long-Term Price Volatility Vs. Market

How volatile is Citigroup's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Citigroup undervalued compared to its fair value and its price relative to the market?

21.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: C ($70.38) is trading below our estimate of fair value ($89.37)

Significantly Below Fair Value: C is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: C is poor value based on its PE Ratio (14.8x) compared to the US Banks industry average (12.8x).

PE vs Market: C is good value based on its PE Ratio (14.8x) compared to the US market (21.4x).


Price to Earnings Growth Ratio

PEG Ratio: C is poor value based on its PEG Ratio (1.3x)


Price to Book Ratio

PB vs Industry: C is good value based on its PB Ratio (0.8x) compared to the US Banks industry average (1.1x).


Next Steps

Future Growth

How is Citigroup forecast to perform in the next 1 to 3 years based on estimates from 21 analysts?

11.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: C's forecast earnings growth (11.6% per year) is above the savings rate (2%).

Earnings vs Market: C's earnings (11.6% per year) are forecast to grow slower than the US market (19.6% per year).

High Growth Earnings: C's earnings are forecast to grow, but not significantly.

Revenue vs Market: C's revenue (7.1% per year) is forecast to grow slower than the US market (10.1% per year).

High Growth Revenue: C's revenue (7.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: C's Return on Equity is forecast to be low in 3 years time (8.8%).


Next Steps

Past Performance

How has Citigroup performed over the past 5 years?

0.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: C has high quality earnings.

Growing Profit Margin: C's current net profit margins (17%) are lower than last year (27.5%).


Past Earnings Growth Analysis

Earnings Trend: C's earnings have grown by 0.7% per year over the past 5 years.

Accelerating Growth: C's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: C had negative earnings growth (-45.5%) over the past year, making it difficult to compare to the Banks industry average (0.5%).


Return on Equity

High ROE: C's Return on Equity (5.5%) is considered low.


Next Steps

Financial Health

How is Citigroup's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: C's Assets to Equity ratio (11.3x) is moderate.

Allowance for Bad Loans: C has a sufficient allowance for bad loans (440%).

Low Risk Liabilities: 62% of C's liabilities are made up of primarily low risk sources of funding.

Loan Level: C has an appropriate level of Loans to Assets ratio (29%).

Low Risk Deposits: C's Loans to Deposits ratio (51%) is appropriate.

Level of Bad Loans: C has an appropriate level of bad loans (0.8%).


Next Steps

Dividend

What is Citigroup current dividend yield, its reliability and sustainability?

2.92%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: C's dividend (2.9%) is higher than the bottom 25% of dividend payers in the US market (1.31%).

High Dividend: C's dividend (2.9%) is low compared to the top 25% of dividend payers in the US market (3.69%).


Stability and Growth of Payments

Stable Dividend: C's dividends per share have been stable in the past 10 years.

Growing Dividend: C's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (43%), C's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: C's dividends in 3 years are forecast to be well covered by earnings (26.5% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.1yrs

Average management tenure


CEO

Jane Fraser (52 yo)

no data

Tenure

US$17,313,781

Compensation

Ms. Jane Nind Fraser, Ph.D., has been the Chief Executive Officer of Citigroup Inc. since March 01, 2021. Ms. Fraser is the President of Citigroup Inc. since October 2019 and serves as Director since Septe...


CEO Compensation Analysis

Compensation vs Market: Jane's total compensation ($USD17.31M) is above average for companies of similar size in the US market ($USD10.53M).

Compensation vs Earnings: Jane's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Jane Fraser
Presidentno dataUS$17.31m0.014%
$ 20.7m
Mark Mason
Chief Financial Officer2.08yrsUS$7.75m0.0061%
$ 8.9m
Paco Ybarra
Chief Executive Officer of Institutional Clients Group2.17yrsUS$13.81mno data
Sanford Weill
Chairman Emeritus and Senior Advisor14.92yrsUS$21.52mno data
Michael Whitaker
Head of Operations & Technology2.33yrsno data0.0068%
$ 10.0m
Johnbull Okpara
Chief Accounting Officer & Controller0.33yrno data0.00098%
$ 1.4m
Manolo Falco
Global Co-Head of Bankingno datano datano data
Karen Peetz
Chief Administrative Officer0.75yrno data0.00065%
$ 947.2k
Elizabeth Lynn
Interim Head of Investor Relations1.75yrsno datano data
Rohan Weerasinghe
General Counsel & Corporate Secretary8.75yrsno data0.0091%
$ 13.2m
Mary McNiff
Chief Compliance Officer0.75yrno data0.0024%
$ 3.5m
Edward Skyler
Head of Global Public Affairs10.83yrsno data0.0062%
$ 9.1m

2.1yrs

Average Tenure

54yo

Average Age

Experienced Management: C's management team is considered experienced (2.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jane Fraser
Presidentno dataUS$17.31m0.014%
$ 20.7m
Sanford Weill
Chairman Emeritus and Senior Advisor14.92yrsUS$21.52mno data
Laurence Parisot
Chairwoman & MD of French Unit2.5yrsno datano data
John Hastings
Chairman & CEO of Citibank Canada and Country Officer of Canada10.67yrsno datano data
Gary Reiner
Independent Director7.67yrsUS$305.00k0.0018%
$ 2.7m
Victor Menezes
Chairman of the Advisory Board for Citi Indiano dataUS$4.84mno data
Duncan Hennes
Independent Director7.25yrsUS$417.50k0.0011%
$ 1.6m
Ernesto Zedillo Ponce de Leon
Independent Director10.92yrsUS$285.00k0.0019%
$ 2.7m
James Turley
Independent Director7.67yrsUS$406.25k0.0012%
$ 1.7m
Kazuyoshi Kimura
Co-Chairman & Director of Securities Co. - Nikko Cordial Corpno datano datano data
John Dugan
Independent Chairman2.17yrsUS$725.00k0.00085%
$ 1.2m
Diana Taylor
Independent Director11.67yrsUS$358.75k0.0019%
$ 2.8m

7.7yrs

Average Tenure

65yo

Average Age

Experienced Board: C's board of directors are considered experienced (7.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Citigroup Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Citigroup Inc.
  • Ticker: C
  • Exchange: NYSE
  • Founded: 1812
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: US$145.716b
  • Shares outstanding: 2.09b
  • Website: https://www.citigroup.com

Number of Employees


Location

  • Citigroup Inc.
  • 388 Greenwich Street
  • New York
  • New York
  • 10013
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CNYSE (New York Stock Exchange)YesCommon StockUSUSDOct 1986
CBVL (Bolsa de Valores de Lima)YesCommon StockPEUSDOct 1986
TRVCDB (Deutsche Boerse AG)YesCommon StockDEEUROct 1986
C *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNOct 1986
CSWX (SIX Swiss Exchange)YesCommon StockCHCHFOct 1986
0R01LSE (London Stock Exchange)YesCommon StockGBUSDOct 1986
TRVCXTRA (XETRA Trading Platform)YesCommon StockDEEUROct 1986
CBVC (Bolsa de Valores de Colombia)YesCommon StockCOCOPOct 1986
CSNSE (Santiago Stock Exchange)YesCommon StockCLUSDOct 1986
CIT-UETLX (Eurotlx)YesCommon StockITEUROct 1986
CITIWBAG (Wiener Boerse AG)YesCommon StockATEUROct 1986
CBASE (Buenos Aires Stock Exchange)CEDEAR EACH REP 0.33333 COM USD0.01ARARSNov 2002
C PRPCLNYSE (New York Stock Exchange)DEP SHS PFD AAUSUSDJan 2008
C.PRICNYSE (New York Stock Exchange)DEP SH 1/1000USUSDJan 2008
CTGP34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH 6 REP 1 COMBRBRLJul 2011
C.PRJNYSE (New York Stock Exchange)DEP SHS 1/1000 JUSUSDSep 2013
C.PRKNYSE (New York Stock Exchange)DEP SHS RP PFD KUSUSDOct 2013
CFU8BST (Boerse-Stuttgart)6.3%-FRN SUB PERP USD 'M'DEUSDApr 2014
A1Z0P7DB (Deutsche Boerse AG)ALT TIER I PERPDEUSDAug 2016

Biography

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,...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/04 23:59
End of Day Share Price2021/03/04 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.