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NYSE:C

Citigroup Inc. (C)

143.35
+0.29 (0.20%)
as of Jun 18, 2026, 11:46:01 pm Market Open.
95 watching
0
TOP PICK
A very well known global bank that has emerged well from the 2008 crisis. Trades under 8 times forward earnings. They raised their long term guidance last year and see their ROE at 14-16%. It trades at book value. Yield 3.3%. (Analysts’ price target is $79.17)
COMMENT
Bank of America vs Citigroup – Both of these have earnings forecasts that are growing compared to the rest of the US bank sector that looks weak. He thinks both are excellent value and are good buys currently. He wishes the US banks would stop buying back shares and pay out dividends instead – like the Canadian banks. He thinks this might require regulatory support first.
COMMENT
JP Morgan vs Citi Group – He likes the American banks. They took profit on JP Morgan a while ago although he thinks it is a more premium holding. CITI is a cheaper stock and he thinks they are planning to do a share buy-back. He prefers to own Bank of America.
SELL
Chart looks good, though US financials have been acting quite poorly. He’s taking wins in his US banks, because they’ll bear the brunt first.
BUY
Likes the valuations of American banks despite pressure. This sector is far better capitalized than in 2008. He likes Citigroup at these levels. Consider this as a long-term play (5-10 years).
PAST TOP PICK
(A Top Pick Dec 19/17, Down 11%) Disappointed with how U.S. banks have done this year. They've performed fundamentally, but the stock price hasn't risen. There's lots of gas in the tank; some rotation will make these banks do well.
DON'T BUY
We are just starting to see the first signs of credit strain last quarter. But C-N trades quite cheap. He prefers other US banks like JPM-N. The big guys have more levers to pull to get through the credit storm. C-N will have some revenue headwinds. Now is not the time to plow into financials.
COMMENT
C-N vs. GS-N He likes American banks. CITI peaked at the start of 2018 and is now drifting lower. Their uptrend from 2016-2018 could repeat. This could fall back to the $60 level of resistance. Goldman (GS-N) has a similar chart, but its drop this year had been more severe. Their support level is strong at $200 (it's been testing many times). GS-N is less risky.
PAST TOP PICK
(A Top Pick Oct 12/17, Down 3%) It's cheap, trading below 1x price-to-book. Decent growth. They're committed to share buybacks and dividend increases. What's hurt them is they are very international with more than 50% of revenues outside America. That's why it's been sideways lately. As long as the US economy is firm, US banks will perform decently.
BUY
The U.S. banks will have another run. He prefers another American bank, but Citi is fine. There'll be tailwinds, not headwinds for American banks after this correction. You can add to Citi now.
PAST TOP PICK
(A Top Pick Oct 17/17, Down 6%) It has increased its dividend twice since last year. He continues to love it and holds a sizable personal position. He has a model price of $70.75.
BUY

Citigroup beat Q3 earnings by 5 cents and raised their full-year guidance. He sees 20% EPS growth.

DON'T BUY

Bank of America vs. Citigroup Prefers BAC. Citigroup is cheaper though. But BAC has better opportunities with a strong banking franchise in the U.S; their Merill Lynch franchise is also good. Trading at 1.1x book that should grow. Citirgroup is reducing costs and technology will drive growth here. Can do only small acquisitions now, not large, though regulations are easing. Citi trades at a lower multiple, but BAC holds more opportunity.

BUY

The US banks have underperformed, and are a canary in the coalmine for the larger market. That said, there's support for Citigroup (earnings, international exposure, etc.) and the banks benefit from rising interest rates. Their valuation and re-structuring all work, all good. This is one of the better US banks.

TOP PICK

After 10 years after the Financial Crisis there is the valuation differential with other senior players in the market. Organic earnings growth. Trading at book value. Great Management. Quiet, never hear from them which is what he loves about them. Yield of 2.5%. (Analysts’ price target is $84.18)

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