Professional
Added to YB: 2024-05-16
Pitch date: 2024-04-10
C [bullish]
Citigroup Inc.
+121.28%
current return
Author Info
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Company Info
Citigroup Inc., a diversified financial service holding company, provides various financial products and services to consumers, corporations, governments, and institutions.
Market Cap
N/A
Pitch Price
$56.59
Price Target
N/A
Dividend
2.00%
EV/EBITDA
N/A
P/E
N/A
EV/Sales
N/A
Sector
Banks
Category
N/A
Show full summary:
Patient Capital Management Opportunity Equity Portfolio Holding: Citigroup Inc.
C: Gained 24% in Q1, on track for 11-12% ROTCE by 2026 via restructuring - exiting unprofitable biz, cutting mgmt layers by 25%, reducing headcount. 70% done with exits by March. High confidence in hitting targets. Returning cash to shareholders, could increase if Basel III proposal changes.
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