Citigroup Earnings: Preview and 2019 Outlook
In Q3 2019, Citigroup reported Total Revenues of $18.6 billion, up 1% y-o-y. This could be attributed to 3% y-o-y growth in Institutional Client Group (ICG) revenues, partially offset by 18% y-o-y decrease in Corporate/other segment. Notably, Global Consumer Banking (GCB) revenues were at the same level as the figure a year ago. ....more
Citigroup's Valuation: Expensive Or Cheap?
Trefis is valuing the company at P/E ratio of 10.6x, this works out to a price estimate of $82.22 for Citigroup’s shares, which is around 15% ahead of the current market price....more
Citigroup Revenues: How Does Citigroup Makes Money?
Citigroup is primarily provides consumer banking, credit cards, investment banking, sales & trading, and treasury and securities services to institutional investors, Retail consumers.....more