Citigroup below book value

Author: ufnp

August undefined, 2024

WebThe lowest was -39.50% per year. And the median was 7.00% per year. Citigroup's current price is $46.75. Its book value per share for the quarter that ended in Dec. 2024 was $94.06. Hence, today's PB Ratio of Citigroup is 0.50. During the past 13 years, the highest P/B Ratio of Citigroup was 1.13. The lowest was 0.41. WebFeb 18, 2024 · Citigroup stock (NYSE: C) has gained 11% YTD, as compared to the 6% drop in the S&P500 index over the same period. The stock is currently around $67, which is 15% below its fair value of $78 ...

US banks with lowest price-to-adjusted tangible book …

WebFeb 6, 2024 · At Friday's prices, Citigroup trades around $63 per share -- about 85% of its tangible book value per share of $73.83 as of the end of the fourth quarter. Image source: Citigroup. Citigroup's ... WebI picked some up at $11.50 and it has daily volume of around 1500 shares. Check out their annual report, Book Value of $26.19 and 2024 annual earnings of $2.61 per share --- … designer maternity sleepwear

Citi is only major bank stock to trade below book value

WebJan 12, 2015 · J.P. Morgan’s shares trade above book value, an indication its current structure isn’t viewed as destroying value. And only twice over the past 10 years have its shares traded below tangible ... WebCurrent and historical book value per share for Citigroup (C) from 2010 to 2024. Book value per share can be defined as the amount of equity available to shareholders expressed on a per common share basis. Citigroup book value per share for the three months ending December 31, 2024 was $104.20. Compare C With Other Stocks. WebJul 15, 2024 · For an investor to be willing to pay book value for Citi stock, they must believe that Citi can earn a return on equity then of 8-10%, or about $6.50 per share … designer maternity sweater worth it

Citigroup below book value

WebDec 13, 2024 · Part of the thesis for owning Citigroup right now is that the bank can repurchase a lot of shares while the stock is trading below tangible book value (TBV), … WebMar 6, 2014 · Citigroup C, -2.33% shares were trading at approximately $49 a share on Wednesday. The firm’s current tangible book value is $55.31 per share, downwardly …

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WebJun 12, 2024 · Ex-Citigroup CEO Sandy Weill calls Morgan Stanley and Charles Schwab 'very good buys' Published Fri, Jun 12 2024 9:26 AM EDT Updated Fri, Jun 12 2024 1:19 … WebI picked some up at $11.50 and it has daily volume of around 1500 shares. Check out their annual report, Book Value of $26.19 and 2024 annual earnings of $2.61 per share --- and currently trading at $11.50 X $12.00 with a dividend yield of 3.6%. Buying at these levels is like, is like, well, its like PUTTING MONEY IN THE BANK.

WebJun 23, 2024 · Citigroup trades for under its tangible book value and for less than 8x 2024 earnings estimates. C stock has quickly fallen from roughly $80 per share to under $70 on macro worries. I think this ... WebBOOK VALUE PER SHARE OF $96.59 TANGIBLE BOOK VALUE PER SHARE OF $84.21(4) New York, April 14 , 2024 – Citigroup Inc. to day r eported net income for the …

WebApr 10, 2024 · Additionally, the firm's growing tangible book value and its trailing P/B of 0.49 supports a deep value argument. C stock is technically undervalued as it is trading … WebFind out all the key statistics for Citigroup Inc. (C), including valuation measures, fiscal year financial statistics, trading record, share statistics and more. ... Book Value Per Share …

WebNov 11, 2024 · The stock ended the most recent quarter with a book value near $41, but the stock trades for less than $15 today. That puts it at less than 40% of book value, and we …

WebFeb 1, 2024 · Find out why bank stocks usually trade below book value and understand how trading activities increase a bank's risk exposure and affect its valuation. ... and Citigroup had more than $47 trillion. designer men clothes onlineWebOct 14, 2024 · View Financial Supplement (Excel) New York – Citigroup Inc. today reported net income for the third quarter 2024 of $4.6 billion, or $2.15 per diluted share, on revenues of $17.2 billion. This compared to net income of $3.1 billion, or $1.36 per diluted share, on revenues of $17.3 billion for the third quarter 2024. designer men clothes cheapWebMay 25, 2024 · In our opinion, there are two distinct reasons why Citigroup’s shares haven’t yet reached their book value: Citigroup’s … chubs uticaWeb26 rows · Mar 31, 2024 · Citigroup Price to Book Value: 0.4893 for April 6, 2024. View … designer medicine cabinets with mirrorsWebOct 10, 2024 · Any company in any industry with a sustained low ROE with little prospect of substantial growth will trade at or below book value. Citi Group has ROE of 7.32% and … chubs vpn v2 downloadWebMay 26, 2024 · While Citi's ratio of price to tangible book value represents progress on the last 12 months (since it languished as low as 0.6 times), it has a way to go to catch other … chubs utica nyWebDec 31, 2024 · Citigroup's tangible book value last quarter was $156.4 billion... View Citigroup Inc.'s Tangible Book Value trends, charts, and more. ... The tables below summarizes Citigroup’s Tangible Book Value and common size over the last five years: Fiscal Year Tangible Book Value Assets % Assets; 2024-12-31: 154.6 B: 8.4%: 2024-12 … designer men clothing online