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home / news releases / C - Citigroup Earnings Preview: Cheap On Book Value Basis But Trying To Fix EPS Growth

C - Citigroup Earnings Preview: Cheap On Book Value Basis But Trying To Fix EPS Growth

Citigroup Inc.

2024-04-09 20:25:00 ET

Summary

  • Coming into Q1 ’24 earnings, the banking and financial services sector seems to be in pretty good shape from a credit perspective.
  • In March ’24, Citi, JPMorgan and Bank of America reported lower losses for February ’24 credit card vintages, with some of the other metrics a little worse.
  • The thing that caught my eye for Citi is that they face progressively easier comps as they move through 2024.

Citigroup ( C ) recently released their annual report and it was 313 pages long. This thing looks like a college textbook....

For further details see:

Citigroup Earnings Preview: Cheap On Book Value Basis, But Trying To Fix EPS Growth
Stock Information
Company Name: Citigroup Inc.
Stock Symbol: C
Market: NYSE
Website: citigroup.com
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