Citigroup
Market Cap
US$151.7b
Last Updated
2019/10/16 23:32 UTC
Data Sources
Company Financials +
Executive Summary
Citigroup Inc., a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions in North America, Latin America, Asia, Europe, the Middle East, and Africa.
Snowflake
Fundamentals
Flawless balance sheet and good value.
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
Market Performance
7 Day Return
3.1%
C
4.8%
US Banks
2.3%
US Market
1 Year Return
-0.5%
C
0.04%
US Banks
5.6%
US Market
Return vs Industry: C underperformed the US Banks industry which returned 0% over the past year.
Return vs Market: C underperformed the US Market which returned 5.6% over the past year.
Shareholder returns
| C | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.1% | 4.8% | 2.3% |
| 30 Day | -0.5% | -0.5% | -1.0% |
| 90 Day | -3.2% | 2.0% | -0.7% |
| 1 Year | 2.3%-0.5% | 2.9%0.04% | 7.9%5.6% |
| 3 Year | 49.2%40.5% | 51.5%41.1% | 45.6%36.3% |
| 5 Year | 47.0%37.1% | 70.9%52.3% | 65.8%47.6% |
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
3 months ago | Simply Wall St
What Type Of Shareholder Owns Citigroup Inc.'s (NYSE:C)?3 months ago | Simply Wall St
Is Citigroup Inc. (NYSE:C) Overpaying Its CEO?3 months ago | Simply Wall St
Should You Worry About Citigroup Inc.'s (NYSE:C) CEO Pay?Valuation
Is Citigroup undervalued compared to its fair value and its price relative to the market?
15.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Undervalued: C ($69.5) is trading below our estimate of fair value ($82.57)
Significantly Undervalued: C is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: C is good value based on its PE Ratio (9.7x) compared to the Banks industry average (12.6x).
PE vs Market: C is good value based on its PE Ratio (9.7x) compared to the US market (17.7x).
Price to Earnings Growth Ratio
Low PEG Ratio: C's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: C is good value based on its PB Ratio (0.9x) compared to the US Banks industry average (1.2x).
Next Steps
Future Growth
How is Citigroup forecast to perform in the next 1 to 3 years based on estimates from 22 analysts?
-0.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: C's earnings are forecast to decline over the next 3 years (-0.6% per year).
Earnings vs Market: C's earnings are forecast to decline over the next 3 years (-0.6% per year).
High Growth Earnings: C's earnings are forecast to decline over the next 3 years.
Revenue vs Market: C's revenue (2.2% per year) is forecast to grow slower than the US market (7.3% per year).
High Growth Revenue: C's revenue (2.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: C's Return on Equity is forecast to be low in 3 years time (9.7%).
Next Steps
Past Performance
How has Citigroup performed over the past 5 years?
-7.7%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: C's earnings have declined by -7.7% per year over the past 5 years.
Accelerating Growth: C has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: C has become profitable in the last year, making it difficult to compare its past year earnings growth to the Banks industry (31.8%).
Return on Equity
High ROE: C's Return on Equity (9.3%) is considered low.
Return on Assets
ROA vs Industry: C's Return on Assets is below or equal to the Banks industry average last year.
Return on Capital Employed
ROCE Improving: Insufficient data to calculate C's Return on Capital Employed to determine if it has improved over the past 3 years.
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
Inventory Level: C has a low level of unsold assets or inventory.
Debt Coverage by Assets: C's debt is covered by short term assets (assets are 1.560210x debt).
Financial Institutions Analysis
Asset Level: C's level of assets compared to its equity is moderate.
Allowance for Bad Loans: C has a sufficient allowance for bad loans.
Low Risk Liabilities: C's liabilities are made up of primarily low risk sources of funding.
Loan Level: C has an acceptable proportion of non-loan assets held.
Low Risk Deposits: C's loans are broadly funded by customer deposits.
Level of Bad Loans: C has an appropriate level of bad loans (0.53%)
Next Steps
Dividend
What is Citigroup's current dividend yield, its reliability and sustainability?
2.94%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: C's dividend (2.94%) is higher than the bottom 25% of dividend payers in the US market (1.46%).
High Dividend: C's dividend (2.94%) is low compared to the top 25% of dividend payers in the US market (3.76%).
Stable Dividend: C's dividend payments have been volatile in the past 10 years.
Growing Dividend: C's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (25%), 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 (29.3% payout ratio).
Next Steps
Management
What is the CEO of Citigroup's salary, the management and board of directors tenure and is there insider trading?
1.9yrs
Average management tenure
CEO
Mike Corbat (59yo)
7yrs
Tenure
US$24,183,714
Compensation
Mr. Michael L. Corbat, also known as Mike, has been the Chief Executive Officer of Citigroup Inc. since October 16, 2012. Mr. Corbat served as the Chief Executive Officer at Nikko Citi Holdings, Inc. (also ...
CEO Compensation Analysis
Compensation vs. Market: Mike's total compensation ($USD24.18M) is about average for companies of similar size in the US market ($USD11.23M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
Management Age and Tenure
1.9yrs
Average Tenure
53.5yo
Average Age
Experienced Management: C's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Age and Tenure
6.6yrs
Average Tenure
64yo
Average Age
Experienced Board: C's board of directors are considered experienced (6.6 years average tenure).
Insider Trading
Insider Buying: C insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Operating Officer Head of Enterprise Infrastructure |
| Shares | 7,500 |
| Max Price | US$62.03 |
| Entity | Individual |
| Role | Senior Key Executive Chief Executive Officer of Global Consumer Banking |
| Shares | 30,000 |
| Max Price | US$69.33 |
| Entity | Individual |
| Shares | 8,828 |
| Max Price | US$65.11 |
| Entity | Individual |
| Shares | 50,000 |
| Max Price | US$64.26 |
| Entity | Individual |
| Role | Chief Operating Officer Head of Enterprise Infrastructure |
| Shares | 7,000 |
| Max Price | US$63.24 |
| Entity | Individual |
| Shares | 5,420 |
| Max Price | US$64.27 |
Ownership Breakdown
Management Team
Sandy Weill (85yo)
Chairman Emeritus and Senior Advisor
- Tenure: 13.5yrs
- Compensation: US$21.52m
Rohan Weerasinghe (69yo)
General Counsel & Corporate Secretary
- Tenure: 7.3yrs
Mike Corbat (59yo)
CEO & Director
- Tenure: 7yrs
- Compensation: US$24.18m
Stephen Bird (52yo)
Chief Executive Officer of Global Consumer Banking
- Tenure: 0yrs
- Compensation: US$11.26m
Mark Mason (49yo)
Chief Financial Officer
- Tenure: 0.7yrs
Jane Fraser (51yo)
Chief Executive Officer of Latin America Region
- Tenure: 10.5yrs
- Compensation: US$9.49m
Manuel Falco
Global Co-Head of Banking
- Tenure: 0yrs
Raja Akram (47yo)
Controller & Chief Accounting Officer
- Tenure: 1.9yrs
Mike Whitaker (55yo)
Head of Enterprise Infrastructure
- Tenure: 0.9yrs
Elizabeth Lynn
Interim Head of Investor Relations
- Tenure: 0.3yrs
Board Members
Gene McQuade (70yo)
Independent Non-Executive Director
- Tenure: 4.3yrs
- Compensation: US$330.00k
Sandy Weill (85yo)
Chairman Emeritus and Senior Advisor
- Tenure: 13.5yrs
- Compensation: US$21.52m
Victor Menezes (69yo)
Chairman of the Advisory Board for Citi India
- Tenure: 0yrs
- Compensation: US$4.84m
Jim Turley (64yo)
Independent Director
- Tenure: 6.3yrs
- Compensation: US$410.00k
Laurence Parisot (60yo)
Chairwoman & MD of French Unit
- Tenure: 1.1yrs
Kazuyoshi Kimura (76yo)
Co-Chairman & Director of Securities Co. - Nikko Cordial Corp
- Tenure: 0yrs
John Dugan (63yo)
Independent Chairman
- Tenure: 0.8yrs
- Compensation: US$315.00k
Mike Corbat (59yo)
CEO & Director
- Tenure: 7yrs
- Compensation: US$24.18m
Diana Taylor (64yo)
Independent Director
- Tenure: 10.3yrs
- Compensation: US$370.00k
John Hastings
Chairman & CEO of Citibank Canada and Country Officer of Canada
- Tenure: 9.3yrs
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$151.732b
- Shares outstanding: 2.18b
- Website: https://www.citigroup.com
Number of Employees
Location
- Citigroup Inc.
- 388 Greenwich Street
- New York
- New York
- 10013
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| TRVC | XTRA (XETRA Trading Platform) | Yes | Common Stock | DE | EUR | Oct 1986 |
| C | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Oct 1986 |
| C | SNSE (Santiago Stock Exchange) | Yes | Common Stock | CL | USD | Oct 1986 |
| TRVC | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Oct 1986 |
| C * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Oct 1986 |
| C | SWX (SIX Swiss Exchange) | Yes | Common Stock | CH | CHF | Oct 1986 |
| 0R01 | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Oct 1986 |
| C | BVC (Bolsa de Valores de Colombia) | Yes | Common Stock | CO | COP | Oct 1986 |
| C | BVL (Bolsa de Valores de Lima) | Yes | Common Stock | PE | USD | Oct 1986 |
| CITI | WBAG (Wiener Boerse AG) | Yes | Common Stock | AT | EUR | Oct 1986 |
| C | BASE (Buenos Aires Stock Exchange) | CEDEAR EACH REP 0.33333 COM USD0.01 | AR | ARS | Nov 2002 | |
| C PRPCL | NYSE (New York Stock Exchange) | DEP SHS PFD AA | US | USD | Jan 2008 | |
| C PRICL | NYSE (New York Stock Exchange) | DEP SH 1/1000 | US | USD | Jan 2008 | |
| CTGP34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH REPR 1 COM | BR | BRL | Jul 2011 | |
| C.PRJ | NYSE (New York Stock Exchange) | DEP SHS 1/1000 J | US | USD | Sep 2013 | |
| C.PRK | NYSE (New York Stock Exchange) | DEP SHS RP PFD K | US | USD | Oct 2013 | |
| CFU8 | BST (Boerse-Stuttgart) | 6.3%-FRN SUB PERP USD 'M' | DE | USD | Apr 2014 | |
| C.PRS | NYSE (New York Stock Exchange) | DEP SHS PFD S | US | USD | Jan 2016 | |
| CFUA | BST (Boerse-Stuttgart) | 5.8%-FRN SUB PERP USD1000 'N' | DE | USD | Aug 2016 |
Biography
Citigroup Inc., a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions in North America, Latin America ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/16 23:32 |
| End of Day Share Price | 2019/10/16 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.