Reported 1 day ago
Citigroup's stock has seen impressive growth, rising 38% this year and more than doubling in the past two years, outperforming the market and financial sector. Despite historical underperformance, the company is undergoing a transformation under CEO Jane Fraser, which has positively impacted earnings. Citi has been returning value to shareholders through dividends and buybacks, recently increasing its quarterly dividend by 7.1%. Analysts remain optimistic about the stock's future, forecasting continued growth despite the challenges faced in the banking sector.
Source: YAHOO