Citigroup Inc
NYSE:C

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Citigroup Inc
NYSE:C
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Price: 69.0499 USD -0.2% Market Closed
Market Cap: 130.6B USD
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Citigroup Inc
Tax Provision

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
|

Citigroup Inc
Tax Provision Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Tax Provision CAGR 3Y CAGR 5Y CAGR 10Y
Citigroup Inc
NYSE:C
Tax Provision
-$3B
CAGR 3-Years
20%
CAGR 5-Years
9%
CAGR 10-Years
9%
Bank of America Corp
NYSE:BAC
Tax Provision
-$1.7B
CAGR 3-Years
3%
CAGR 5-Years
22%
CAGR 10-Years
-4%
JPMorgan Chase & Co
NYSE:JPM
Tax Provision
-$15.3B
CAGR 3-Years
-8%
CAGR 5-Years
-14%
CAGR 10-Years
-4%
Wells Fargo & Co
NYSE:WFC
Tax Provision
-$3.2B
CAGR 3-Years
11%
CAGR 5-Years
7%
CAGR 10-Years
11%
US Bancorp
NYSE:USB
Tax Provision
-$1.3B
CAGR 3-Years
15%
CAGR 5-Years
4%
CAGR 10-Years
4%
No Stocks Found

Citigroup Inc
Glance View

Market Cap
130.6B USD
Industry
Banking
Economic Moat
None

In the bustling world of global finance, Citigroup Inc. stands as a towering figure, weaving its influence through an intricate tapestry of banking services that transcend borders. Born from the fusion of banking giants in 1998, Citigroup emerged as a formidable player by marrying the retail banking prowess of Citicorp with the expansive reach of Travelers Group. This union not only strengthened its commercial banking capabilities but also expanded its fingers into the lucrative realms of investment banking, wealth management, and securities services. At the heart of Citigroup's operation lies its dual functionality: serving the financial needs of corporations and individuals while managing a substantial share of international transactions and investment activity. With an extensive network spanning over 100 countries, Citigroup generates revenue by channeling funds into avenues such as consumer banking, which caters to day-to-day financial services, credit cards, and loans, and institutional clients, providing solutions including treasury and trade, markets, and investor services. Strategically, Citigroup maneuvers through a financial landscape governed by both acute risks and rewarding opportunities, banking on its diversified structure to bolster resilience. Its Global Consumer Banking unit captures everyday consumers, offering retail banking and credit card services, crucial in driving stable revenue inflows. Meanwhile, its Institutional Clients Group engages in more sophisticated banking activities like investment banking and advisory services, a segment that becomes a powerful engine of profit by facilitating securities trading, and underwriting, and providing strategic financial advice. This multi-pronged approach has enabled Citigroup to capitalize on economies of scale and a broad client base, leveraging its expansive global footprint to remain nimble amidst economic cycles and regulatory shifts. As a custodian of trillions in assets under administration, Citigroup continues to play a pivotal role in lubricating the cogs of global commerce, while navigating the complexities and challenges inherent in the financial sector.

C Intrinsic Value
89.9386 USD
Undervaluation 23%
Intrinsic Value
Price

See Also

What is Citigroup Inc's Tax Provision?
Tax Provision
-3B USD

Based on the financial report for Sep 30, 2024, Citigroup Inc's Tax Provision amounts to -3B USD.

What is Citigroup Inc's Tax Provision growth rate?
Tax Provision CAGR 10Y
9%

Over the last year, the Tax Provision growth was 33%. The average annual Tax Provision growth rates for Citigroup Inc have been 20% over the past three years , 9% over the past five years , and 9% over the past ten years .

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