C
🏦 Citigroup is considered a laggard among the U.S. banking giants.
📈 The company is undergoing a transformation led by CEO Jane Fraser, focusing on more profitable divisions.
✅ Citigroup is a leader in international payments and has a strong investment banking and credit card business.
🚀 There is potential for the market to reward Citigroup with a valuation more in line with its size and global position if it increases its profitability.
@rankia:
“In the banking sector, Barron’s is betting on Citigroup, a bank that many consider the laggard among the giants in the United States. While JP Morgan and Bank of America trade at higher multiples, City remains below its book value. But there is a transformation underway. Its CEO, Jane Fraser, is reorienting the business towards more profitable divisions and seeking to improve the return on capital. City is a leader in international payments, has a top investment bank, and is very strong in credit cards. If it manages to increase its profitability, the market could reward City with a valuation more in line with its size and global position. Mike Mayo, a leading banking analyst, believes it could be the big financial surprise of 2025. According to Barron’s, betting on City today is doing so at a discount, hoping that its restructuring plan works.”
Watch the exact part of the video where Rankia talks about Citigroup here:
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Read more articles by the world’s top 100 analysts on Citigroup (C) at the following link. C stock.
