Citigroup Inc. (C) is slated to report first-quarter 2025 results on April 15, 2025, before market open. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Among Citigroup’s close peers, JPMorgan (JPM) and Wells Fargo & Company (WFC) are scheduled to announce quarterly numbers on April 11.In the fourth quarter, Citigroup witnessed a rise in total loan balance. The company registered a solid increase in Investment Banking (IB) revenues. However, declines in the deposit balance and net i ...

Analysts on Wall Street project that Citigroup (C) will announce quarterly earnings of $1.84 per share in its forthcoming report, representing an increase of 16.5% year over year. Revenues are projected to reach $21.14 billion, increasing 0.2% from the same quarter last year.Over the last 30 days, there has been a downward revision of 1.9% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts o ...

Citigroup (C) shares soared 9.2% in the last trading session to close at $64.15. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 12.9% loss over the past four weeks.Citigroup experienced a significant stock price increase primarily driven by President Donald Trump's announcement of a 90-day pause on "reciprocal" import tariffs, which lessened investor concerns about potential economic downturns due to trade war. This optimism boo ...

Core Viewpoint - Anticipation is building for Citigroup's Q1 earnings report on April 15, with shares down 16% year-to-date amid economic uncertainties and trade tariffs, leading shareholders to seek signs of resilience to reverse the stock's decline from an eight-month low [1] Group 1: Trade Tariffs Impact - The Trump administration's trade policy overhaul includes a 10% flat tariff on imports, with higher tariffs on specific countries like China, surprising Wall Street and contributing to a stock market decline [3] - Citigroup faces challenges from the tariff regime, as clients may become cautious, potentially leading to increased delinquencies in mortgage lending, auto financing, and credit card businesses [5] - However, segments like Treasury and Trade Solutions may benefit from supply chain disruptions, capturing new business as corporate customers seek foreign exchange hedging [6] Group 2: Q1 Earnings Preview - Citigroup's Q1 earnings report is expected to show solid revenue and earnings, reflecting pre-trade war conditions, but uncertainty exists around the allowance for credit losses, which could indicate borrower health concerns [8] - The bank previously projected a revenue growth of 3% to 4% for 2025, with net income supported by cost-saving initiatives, and evidence of underlying strength could be positively received by the market [9] Group 3: Investment Appeal - Citigroup shares have declined 30% from recent highs, potentially pricing in extreme scenarios and setting a low expectation bar, positioning the stock for potential outperformance [10] - The stock trades at a price-to-book (P/B) ratio of 0.6 and a forward price-to-earnings (P/E) ratio of 8, both significantly lower than peers, suggesting undervaluation [11] - Citigroup's international corporate lending profile, with 44% of 2024 corporate lending revenue from outside the U.S., provides an edge over domestic-focused competitors [12] Group 4: Dividend and Long-term Outlook - Citigroup offers a 3.8% dividend yield, higher than Bank of America's 2.9%, supported by strong cash flows and a robust balance sheet despite near-term volatility [14] - The stock is viewed as a buy-the-dip opportunity, with upcoming Q1 earnings potentially serving as a catalyst for recovery, making it an attractive option for long-term investors [15]

A few major players dominate the U.S. banking sector, among which Citigroup Inc. (C) and Wells Fargo & Company (WFC) are prominent. Both have remained the key competitors in the banking sector, and faced challenges and opportunities influenced by economic conditions and internal strategies.Of late, C and WFC have experienced significant stock declines due to market reactions to new tariff implementations, reflecting investor concerns about economic slowdowns and their impact on banking operations.Given such ...

This week, America’s biggest banks are set to report their quarterly earnings.But as Reuters reported Tuesday (April 8), investors are less likely to be focused on profits than on the banks’ view of the economy amid steep U.S. tariffs.Wells Fargo analyst Mike Mayo said the biggest impact of the tariffs in the quarters to come “will be higher reserves for loan losses as the odds of recession rise.”As Reuters notes, banks are likely to reserve billions for potential loan defaults in the quarters ahead. Loan l ...

The stock market was having a strong day on Tuesday, with the Dow Jones Industrial Average (^DJI 0.62%), S&P 500 (^GSPC 0.57%), and Nasdaq Composite (^IXIC 0.12%) all higher by about 2% as of 12:15 p.m. ET.However, the financial sector was one of the best-performing areas of the stock market. Megabank JPMorgan Chase (JPM 2.59%) was up by 4.2%, while both Citigroup (C 1.14%) and Wells Fargo (WFC 1.87%) were both higher by about 3% for the day.Why are the big banks climbing?The big reason the stock market in ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Citigroup (C) .Citigroup currently has an average brokerage recommendation (ABR) of 1.69, on a ...

President Donald Trump's sweeping tariffs have sent the market into free fall and it's clear investors are starting to panic as they think about the adverse effects of a transitioning economy, slower growth, and a potential recession or even stagflation. As scary as times like this can seem, however, they have also presented the best buying opportunities for calm investors who have long investing horizons ahead of them.That seems to be how legendary value investor Bill Nygren of the Oakmark Fund is approach ...

Core Viewpoint - Citigroup is highlighted as a strong candidate for investors due to its consistent performance in beating earnings estimates, particularly in the last two quarters, with an average surprise of 9.94% [1]. Earnings Performance - In the last reported quarter, Citigroup achieved earnings of $1.34 per share, exceeding the Zacks Consensus Estimate of $1.25 per share, resulting in a surprise of 7.20% [2]. - In the previous quarter, Citigroup was expected to report earnings of $1.34 per share but delivered $1.51 per share, leading to a surprise of 12.69% [2]. Earnings Estimates - Recent estimates for Citigroup have been trending upward, with a positive Earnings ESP (Expected Surprise Prediction) indicating potential for another earnings beat [4]. - The current Earnings ESP for Citigroup stands at +0.26%, suggesting increased analyst optimism regarding its near-term earnings potential [7]. Predictive Metrics - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [5]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [6]. Upcoming Earnings Report - Citigroup's next earnings report is anticipated to be released on April 15, 2025, which could provide further insights into its performance [7].