Goldman vs. Citigroup: Which Bank Stock Is the Better Buy Now?
Does GS's earnings momentum, fee-driven strategy and growth visibility give it the edge over C despite a higher valuation? Let us find out.
C - Citigroup Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$150.18
DETAILS
HIGH:
$165.00
LOW:
$139.00
MEDIAN:
$150.00
CONSENSUS:
$150.18
UPSIDE:
13.11%
Stock News
JPMorgan hiring Citigroup's McDow to run east coast tech investment bank, memo says
JPMorgan Chase is hiring Dan McDow from Citigroup to head its east coast technology investment banking business, according to a memo seen by Reuters.
Citigroup: A Great Value Play With A Solid Income Preferred Share
Citigroup has surged over 40% in the past year yet remains attractively valued versus peers on forward P/E and tangible book metrics. Loan and deposit growth are robust, with nine consecutive quarters of loan growth and a conservative 52% loan-to-deposit ratio supporting earnings momentum. C's net interest margin has reached a post-pandemic high of 2.54%, driven by falling borrowing costs and strong deposit growth.
JP Morgan Warns of Fall Sell-Off Potential: 5 Defensive Dividend Stocks to Buy
J.P. Morgan's technical team sees deteriorating market internals and a pattern eerily similar to the months before the 1999 tech crash. Five dividend-paying stocks across defensive sectors may offer shelter if the autumn sell-off materializes.
Citigroup Sees Unusual Options Activity and $223 Million Block Trade After Hours
Citigroup Inc. (NYSE:C) experienced a surge of unusual options activity during the Friday, Aug. 21, session, capped off by a massive $223 million block trade executed after hours.
Wells Fargo and Citigroup have room to buy a big bank. These 5 regionals fit the bill
Citigroup and Wells Fargo are the only U.S. megabanks with room under the 10% national deposit cap to buy a large regional bank — but neither has moved. Wells Fargo CEO Charlie Scharf has signaled openness to a "transformative deal", while Citi CEO Jane Fraser says the bank's focus is on organic growth, not M&A.
Advisors Capital Management LLC Trims Stock Holdings in Citigroup Inc. $C
Advisors Capital Management LLC trimmed its position in Citigroup Inc. (NYSE: C) by 26.5% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 852,020 shares of the company's stock after selling 306,616 shares during the period. Citigroup comprises
C's July Card Delinquencies Tick Up: Will This Impact Asset Quality?
Citigroup Inc. C continues to navigate credit-quality challenges amid an uncertain economic environment. Per the latest SEC filing, its subsidiary, Citibank N.A.
Can C Capitalize on Digital Asset Growth With New Custody Platform?
Citigroup's new Custody platform launch expands its digital-asset strategy, linking custody, tokenized payments and institutional services to capture more transaction flows.
Major US Banks Agree to $86.4M Settlement in Mexican Bond-Rigging Case
BAC, C, DB and HSBC are among six banks agreeing to an $86.4M settlement over alleged Mexican bond market manipulation.
Citigroup's Kard Acquisition Deal: A New Growth Engine for U.S. Cards?
C agrees to acquire Kard to enhance personalized rewards and merchant offers. Can the deal accelerate U.S. Consumer Cards growth?
Is Citigroup a Solid Investment Option After a 51.2% Jump in a Year?
C's 51.2% jump reflects a transformation gaining traction. Do its discounted valuation and rising earnings outlook leave room for upside?
Citi Participates in Financing for Japan-U.S. Strategic Investment Initiative
NEW YORK & TOKYO--(BUSINESS WIRE)--Citi, through Citibank, N.A., Tokyo Branch, participated as a lender and agent in a syndicated loan facility totaling approximately US$4.6 billion extended to U.S. entities established and funded by the Japan Bank for International Cooperation (JBIC). The financing is being provided to Japan Invest 4 LLC and Japan Invest 5 LLC, U.S. investment companies established by JBIC, to fund investments in natural gas-fired power generation projects located in the state.
Citi Plans to Acquire Kard to Deliver More Personalized Rewards
Citi's U.S. Consumer Cards business plans to expand its customer engagement and commerce media capabilities by acquiring Kard Financial, a commerce media and rewards platform for banks and FinTechs, Citi said in a Thursday (Aug. 13) press release.
Citi Expands Customer Engagement and Commerce Media Capabilities With Addition of Kard
NEW YORK--(BUSINESS WIRE)--Citi's U.S. Consumer Cards business today announced that it has entered into an agreement to acquire Kard Financial, Inc. (Kard), a company that operates a commerce media and rewards platform that helps banks and fintechs deepen customer engagement through personalized offers. With billions of transactions and a network of leading fintechs, banks and neobanks, Kard provides an innovative commerce media platform that connects financial institutions and merchants throug.
This is the big UNKNOWN: Citigroup CEO analyzes US economy
Citigroup CEO Jane Fraser joins Cheryl Casone on 'Mornings with Maria' to discuss the cooler July CPI inflation data, the Federal Reserve's rate path, corporate dealmaking regulations, and the outlook for AI investments.
Ballast Inc. Acquires New Stake in Citigroup Inc. $C
Ballast Inc. bought a new position in shares of Citigroup Inc. (NYSE: C) in the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 4,822 shares of the company's stock, valued at approximately $675,000. Several other hedge funds and other institutional investors have also recently
Citigroup poaches Charlet from Morgan Stanley to head French arm
Citigroup has hired Jean-Baptiste Charlet from Morgan Stanley to run its French operation, the bank said on Monday.
Contravisory Investment Management Inc. Has $1.22 Million Position in Citigroup Inc. $C
Contravisory Investment Management Inc. raised its stake in Citigroup Inc. (NYSE: C) by 6,204.3% during the undefined quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 8,700 shares of the company's stock after buying an additional 8,562 shares during the quarter. Contravisory Investment Management Inc.'s
Card Network or Card Lender: Which Business Model Is the Better Long-Term Buy?
They all work together in the same business, but not all of these names bring the same risk and reward potential to the table.
Price Targets
Citi price target lowered to $142 from $150 at UBS
$142.00
(was $132.44)
UBS
Citi price target lowered to $154 from $158 at Truist
$154.00
(was $133.74)
Truist Financial
Citi price target raised to $150 from $145 at Argus
$150.00
(was $133.70)
Argus Research
Citi price target raised to $143 from $139 at Evercore ISI
$143.00
(was $142.62)
Glenn Schorr
·
Evercore ISI
Citi price target raised to $164 from $154 at Morgan Stanley
$164.00
(was $142.57)
Manan Gosalia
·
Morgan Stanley
Citi price target raised to $158 from $147 at Truist
$158.00
(was $142.41)
Truist Financial
Citi price target raised to $165 from $162 at Wells Fargo
$165.00
(was $143.85)
Wells Fargo
Citi price target raised to $145 from $144 at Oppenheimer
$145.00
(was $130.16)
Oppenheimer
Citi price target raised to $147 from $139 at Truist
$147.00
(was $129.49)
John McDonald
·
Truist Financial
Citi price target raised to $162 from $160 at Wells Fargo
$162.00
(was $128.53)
Wells Fargo
Citi price target raised to $139 from $115 at Evercore ISI
$139.00
(was $130.79)
Evercore ISI
Citi price target raised to $139 from $121 at RBC Capital
$139.00
(was $129.65)
Gerard Cassidy
·
RBC Capital
Citi price target raised to $139 from $133 at Truist
$139.00
(was $129.65)
John McDonald
·
Truist Financial
Citi price target raised to $144 from $140 at Morgan Stanley
$144.00
(was $129.65)
Manan Gosalia
·
Morgan Stanley
Citi price target raised to $145 from $125 at Piper Sandler
$145.00
(was $129.65)
Piper Sandler
Citi price target raised to $151 from $137 at Goldman Sachs
$151.00
(was $129.65)
Richard Ramsden
·
Goldman Sachs
Citi price target raised to $160 from $150 at Wells Fargo
$160.00
(was $129.65)
Wells Fargo
Citi price target raised to $154 from $146 at Barclays
$154.00
(was $129.65)
Jason Goldberg
·
Barclays
Citi price target raised to $133 from $129 at Truist
$133.00
(was $112.41)
Truist Financial
Citi assumed at Overweight, named Top Pick in Large Cap Banks at Morgan Stanley
$152.00
(was $113.92)
Manan Gosalia
·
Morgan Stanley