Citigroup Inc. or citi is an American multinational investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant Citicorp and financial conglomerate Travelers Group in 1998.
Citigroup is the third largest banking institution in the United States; alongside JPMorgan Chase, Bank of America, and Wells Fargo, it is one of the Big Four banking institutions of the United States.
Citigroup is ranked 30th on the Fortune 500 as of 2019. Citigroup has over 200 million customer accounts and does business in more than 160 countries. It has 204,000 employees.
Company profile
Ticker
C, C+N, C+J
Exchange
Website
CEO
Michael Corbat
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
TRAVELERS GROUP INC, TRAVELERS INC
SEC CIK
Corporate docs
Subsidiaries
Citicorp Banking Corporation • Citi Ventures Inc. • Citicorp LLC • Citi GSCP Inc. • TRV Investments LLC • COHM Overseas Mexico • Citicorp (Mexico) Holdings LLC • Grupo Financiero Citibanamex, S.A. de C.V. • Banco Nacional de Mexico, S.A. • Tarjetas Banamex, S.A. de C.V. ...
IRS number
521568099
C stock data
News
This Stock Is 'One Of The Greatest Performers Since The Show Began': Jim Cramer
9 Aug 22
CNBC's Final Trades: Chevron, Home Depot, Citigroup And This Pet Health Care Company
8 Aug 22
Disney Gets CNBC's Fast Money Call Of The Day With These Final Trades
5 Aug 22
Celsius Seeks To Rehire CFO At $93,000 A Month, Customers — Not Surprisingly — Object
4 Aug 22
Looking At Citigroup's Recent Whale Trades
4 Aug 22
Press releases
How This Leader in Real Estate Tokenization Can Help Close the Home Ownership Gap with Blockchain
4 Aug 22
Citi Joins the Economic Opportunity Coalition as Founding Member to Accelerate Financial Inclusion for All
28 Jul 22
Citi Appointed as Depositary Bank for the GDR Programs of GEM Co. Ltd., Gotion High-Tech Co. Ltd., Keda Industrial Group Co. Ltd., and Ningbo Shanshan Co. Ltd., First Four China-Swiss Stock Connect GDR Programs
28 Jul 22
Citi Raises Base Rate
27 Jul 22
Citigroup Declares Common Stock Dividends; Citigroup Declares Preferred Dividends
21 Jul 22
Analyst ratings and price targets
Current price
Average target
$60.75
Low target
$46.00
High target
$86.00
Credit Suisse
Maintains
$56.00
Oppenheimer
Maintains
$86.00
UBS
Maintains
$52.00
Barclays
Maintains
$64.00
Morgan Stanley
Maintains
$46.00
Wells Fargo
Maintains
$60.00
Piper Sandler
Maintains
$62.00
RBC Capital
Maintains
$60.00
Investment data
| Top 50 of 5406 long holdings End of quarter 31 Mar 22 |
Value |
#Shares |
|---|---|---|
| $4.48B | 9.93M | |
| $3.12B | 17.89M | |
| $2.8B | 9.09M | |
| $2.41B | 739.73K | |
| $2.12B | 10.32M | |
| $1.5B | 5.49M | |
| $1.45B | 3.99M | |
| $1.34B | 481.08K | |
| $989.78M | 354.38K | |
| $835.94M | 6.13M | |
| $798.85M | 3.59M | |
| $768.23M | 1.51M | |
| $755.98M | 701.54K | |
| $615.39M | 2.06M | |
| $599.63M | 2.7M | |
| $587.21M | 6.96M | |
| $586.09M | 930.77K | |
| $579.98M | 981.94K | |
| $577.35M | 11.65M | |
| $530.3M | 4.85M | |
|
Vanguard Specialized Funds
|
$521.34M | 3.21M |
| $521.21M | 3.8M | |
| $504.44M | 3.3M | |
| $490.54M | 11.9M | |
| $476.78M | 1.44M | |
| $472.18M | 1.34M | |
| $463.01M | 12.08M | |
| $461.66M | 5.61M | |
| $460.08M | 1.11M | |
| $458.12M | 2.5M | |
| $457.33M | 3.95M | |
| $457.3M | 8.2M | |
| $455.81M | 4.37M | |
| $452.5M | 2.78M | |
| $452.24M | 5.48M | |
| $450.72M | 782.7K | |
| $444.33M | 7.17M | |
| $430.45M | 3.2M | |
| $415.88M | 2.57M | |
| $407.45M | 2.43M | |
| $404.71M | 1.91M | |
| $399.06M | 3.88M | |
| $389.61M | 855.11K | |
| $365.68M | 2.39M | |
| $363.03M | 4.04M | |
| $361.42M | 4.95M | |
| $360.19M | 2.03M | |
| $360.02M | 4.84M | |
| $340.54M | 3.36M | |
| $327.58M | 874.51K |
Holdings list only includes long positions.
Only includes long positions.
Calendar
3 Aug 22
9 Aug 22
31 Dec 22
Financial summary
| Quarter (USD) | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 284.03B | 284.03B | 284.03B | 284.03B | 284.03B | 284.03B |
| Cash burn (monthly) | (no burn) | 1.27B | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | n/a | 1.7B | n/a | n/a | n/a | n/a |
| Cash remaining | n/a | 282.33B | n/a | n/a | n/a | n/a |
| Runway (months of cash) | n/a | 222.8 | n/a | n/a | n/a | n/a |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 Jul 22 | Costello Ellen | Common Stock | Grant | Acquire A | No | No | 50.039 | 48.001 | 2.4K | 4,755.31 |
| 1 Jul 22 | Costello Ellen | Common Stock | Grant | Acquire A | Yes | No | 50.039 | 367.862 | 18.41K | 37,766.636 |
| 1 Jul 22 | Costello Ellen | Common Stock | Grant | Acquire A | Yes | No | 50.039 | 1,323.967 | 66.25K | 37,398.773 |
| 1 Jul 22 | Dailey Grace E | Common Stock | Grant | Acquire A | No | No | 50.039 | 48.001 | 2.4K | 7,540.31 |
| 1 Jul 22 | Dugan John Cunningham | Common Stock | Grant | Acquire A | Yes | No | 50.039 | 1,249.026 | 62.5K | 14,692.642 |
| 1 Jul 22 | Duncan P Hennes | Common Stock | Grant | Acquire A | No | No | 50.039 | 48.001 | 2.4K | 5,167.31 |
| 1 Jul 22 | Duncan P Hennes | Common Stock | Grant | Acquire A | Yes | No | 50.039 | 219.66 | 10.99K | 21,760.872 |
| 1 Jul 22 | Ireland Susan Leslie | Common Stock | Grant | Acquire A | No | No | 50.039 | 48.001 | 2.4K | 5,309.31 |
| 1 Jul 22 | Ireland Susan Leslie | Common Stock | Grant | Acquire A | Yes | No | 50.039 | 76.685 | 3.84K | 7,596.859 |
Institutional ownership, Q1 2022
| 13F holders | Current |
|---|---|
| Total holders | 1705 |
| Opened positions | 137 |
| Closed positions | 227 |
| Increased positions | 680 |
| Reduced positions | 681 |
| 13F shares | Current |
|---|---|
| Total value | 76B |
| Total shares | 1.42B |
| Total puts | 114.58M |
| Total calls | 68.75M |
| Total put/call ratio | 1.7 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 168.68M | $9.01B |
| BLK Blackrock | 164.87M | $8.8B |
| STT State Street | 93.31M | $4.98B |
| BRK.A Berkshire Hathaway | 55.16M | $2.95B |
| BAC Bank Of America | 36.88M | $1.97B |
| Geode Capital Management | 33.88M | $1.8B |
| MS Morgan Stanley | 28.36M | $1.51B |
| BK Bank Of New York Mellon | 28.16M | $1.5B |
| JPM JPMorgan Chase & Co. | 27.72M | $1.48B |
| Harris Associates L P | 26.87M | $1.43B |
Financial report summary
?Competition
Lesaka • Greenhill & Co • Lazard • Lazard • Evercore • Moelis & Co • Perella Weinberg PartnersContent analysis
?| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
8th grade Avg
|
|
New words:
aforementioned, defendant, delineation, drove, DSA, episodic, exacerbated, Extreme, fallback, food, gradually, headquartered, hiring, humanitarian, hyperinflationary, ICERC, implied, insecurity, introduction, judicially, lapse, lira, MTM, multinational, multiseller, mutual, pause, pausing, plant, pound, practice, purportedly, reaching, recession, recommendation, rulemaking, SCF, Schecter, sharply, staffing, stay, sterling, streamline, subscription, thereto, Turkey, Turkish, unaffected, upside, vulnerable, wane
Financial reports
Current reports
8-K
Second Quarter 2022 Results and Key Metrics
15 Jul 22
8-K
Regulation FD Disclosure
27 Jun 22
8-K
Financial Statements and Exhibits
24 May 22
8-K
Financial Statements and Exhibits
24 May 22
8-K
Financial Statements and Exhibits
24 May 22
8-K
Financial Statements and Exhibits
24 May 22
8-K/A
Other Events
11 May 22
8-K
Other Events
10 May 22
8-K
Departure of Directors or Certain Officers
28 Apr 22
8-K
First Quarter 2022 Results and Key Metrics
14 Apr 22
Registration and prospectus
424B2
Prospectus for primary offering
8 Aug 22
424B2
Prospectus for primary offering
8 Aug 22
424B2
Prospectus for primary offering
8 Aug 22
424B2
Prospectus for primary offering
8 Aug 22
424B8
Filing
8 Aug 22
424B2
Prospectus for primary offering
8 Aug 22
424B2
Prospectus for primary offering
8 Aug 22
424B2
Prospectus for primary offering
8 Aug 22
424B2
Prospectus for primary offering
8 Aug 22
424B2
Prospectus for primary offering
8 Aug 22
Proxies
PX14A6G
Letter to shareholders
12 Apr 22
DEFA14A
Additional proxy soliciting materials
12 Apr 22
DEFA14A
Additional proxy soliciting materials
11 Apr 22
PX14A6G
Letter to shareholders
11 Apr 22
DEFA14A
Additional proxy soliciting materials
5 Apr 22
PX14A6G
Letter to shareholders
4 Apr 22
DEFA14A
Additional proxy soliciting materials
23 Mar 22
DEFA14A
Additional proxy soliciting materials
15 Mar 22
DEF 14A
Definitive proxy
15 Mar 22
PX14A6G
Letter to shareholders
12 Apr 21
Other
UPLOAD
Letter from SEC
7 Jun 22
CORRESP
Correspondence with SEC
5 Jun 22
UPLOAD
Letter from SEC
25 May 22
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
10 May 22
CORRESP
Correspondence with SEC
9 May 22
UPLOAD
Letter from SEC
1 May 22
CERT
Certification of approval for exchange listing
6 Apr 22
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
3 Mar 22
CERT
Certification of approval for exchange listing
12 Oct 21
CERT
Certification of approval for exchange listing
17 Sep 21
Ownership
4
CITIGROUP / James S Turley ownership change
6 Jul 22
4
CITIGROUP / DIANA L TAYLOR ownership change
6 Jul 22
4
CITIGROUP / GARY M REINER ownership change
6 Jul 22
4
CITIGROUP / Renee Jo James ownership change
6 Jul 22
4
CITIGROUP / SUSAN LESLIE IRELAND ownership change
6 Jul 22
4
CITIGROUP / DUNCAN P HENNES ownership change
6 Jul 22
4
CITIGROUP / JOHN CUNNINGHAM DUGAN ownership change
6 Jul 22
4
CITIGROUP / Grace E Dailey ownership change
6 Jul 22
4
CITIGROUP / ELLEN COSTELLO ownership change
6 Jul 22
11-K
Annual report of employee stock purchases
23 Jun 22
Patents
Utility
Methods and systems for providing a best price guarantee
1 Feb 22
A financial institution can provide a best price guarantee to debit or credit card account holders.
Utility
Computer file copy systems and methods
18 May 21
Computer file copy systems and methods in which a list of files to be transferred from storage on a source file storage computer is sorted by one or more processors of a copy computer in ascending order from a smallest file size to a largest file size.
Utility
Serverless auto-remediating security systems and methods
16 Mar 21
Systems and methods involve an input layer function of a function-as-a-service (FaaS) pipeline that receives trigger data from a trigger layer function of one or more processors of enterprise processing systems, calls one or more processors of an enrich layer function of the FaaS pipeline that adds enriching context to the trigger data, and creates an event based at least in part on the enriched trigger data.
Utility
Influenza vaccine administration payment device processing
6 Apr 20
A payment device has identifiers, read in a magnetic strip or visual indicia by a healthcare provider, for an influenza vaccine and an account issued by an issuer to a party (e.g.; a governmental entity) upon which a transaction can be conducted that is limited to administering the influenza vaccine.
Transcripts
2022 Q2
Earnings call transcript
15 Jul 22
2022 Q1
Earnings call transcript
14 Apr 22
2021 Q4
Earnings call transcript
14 Jan 22
2021 Q3
Earnings call transcript
14 Oct 21
2021 Q2
Earnings call transcript
14 Jul 21
2021 Q1
Earnings call transcript
15 Apr 21
2020 Q4
Earnings call transcript
16 Jan 21
2020 Q3
Earnings call transcript
13 Oct 20
2020 Q2
Earnings call transcript
14 Jul 20
2020 Q1
Earnings call transcript
15 Apr 20
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