Earnings Alerts

Citigroup Inc (C) Earnings Snapshot: August Charge-Offs at 2.38%, Delinquencies at 1.46%

By September 17, 2024 No Comments
  • Citigroup’s charge-off rate for August 2024 is 2.38%.
  • The delinquency rate for August 2024 is 1.46%.
  • Analyst ratings for Citigroup include 15 buy recommendations.
  • There are 8 hold recommendations for Citigroup.
  • No sell recommendations have been issued for Citigroup.

A look at Citigroup Inc Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth2
Resilience2
Momentum3
OVERALL SMART SCORE3.2

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 value category with a top score. This indicates that the company is viewed favorably in terms of its valuation metrics, making it an attractive investment option for those seeking value opportunities.

Additionally, Citigroup Inc. receives a positive score in the dividend category, reflecting its ability to provide investors with steady dividend payouts. While the growth and resilience scores are lower, the momentum score suggests a potential upward trend in the company’s performance. Overall, with its diversified financial services offerings, Citigroup Inc. appears to have a solid outlook for long-term growth and stability.


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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