Earnings Alerts

Citigroup Inc (C) Earnings Report: July Charge-Offs at 2.59%, Shares Rise 2.4%

  • Charge-Offs Increase: Citigroup’s charge-offs for July rose to 2.59%.
  • Delinquencies Data: Delinquencies in July were reported at 1.44%.
  • Shares Up: Citigroup shares saw a rise of 2.4%, reaching $60.72.
  • High Trading Volume: A total of 729,004 shares were traded.
  • Market Sentiment: Analysts’ actions included 15 buys, 8 holds, and 0 sells.

A look at Citigroup Inc Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth3
Resilience2
Momentum3
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Citigroup Inc. shows strong performance in the areas of value and dividends, scoring the highest in these categories. This suggests that the company may be a solid choice for investors looking for stability and income generation. However, the scores for growth and momentum are somewhat lower, indicating that Citigroup may not be as attractive for those seeking rapid expansion or quick share price gains in the short term. In terms of resilience, the company has a moderate score, implying a certain level of stability but also some vulnerability to market fluctuations.

Citigroup Inc. is a diversified financial services holding company that provides a wide range of financial products and services to consumers and businesses globally. With strong value and dividend scores, the company may appeal to investors seeking dependable returns and stability over the long term. While growth and momentum scores are not as high, Citigroup’s well-established presence in investment banking, retail brokerage, and corporate banking suggests it may still offer solid long-term prospects for those willing to weather market ups and downs.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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