Citigroup Is On A Path To 15% ROE (NYSE:C)

Group 1 - Citigroup (NYSE: C) was trading at a share price of less than $40 in October 2023, with a tangible book value of less than 0.5x [1] - The analysis suggests that Citigroup could potentially double its share price by the end of 2025 [1] - The independent banking research emphasizes a focus on financials, deep value, special situations, and financial arbitrage [1] Group 2 - The approach taken is agnostic and apolitical, aimed at identifying durable and uncorrelated cash flows that perform well in both inflationary and deflationary environments [1]