|Bid||68.29 x 100|
|Ask||68.29 x 1900|
|Day's Range||67.81 - 68.42|
|52 Week Range||42.50 - 68.91|
|PE Ratio (TTM)||13.75|
|Dividend & Yield||0.80 (1.21%)|
|1y Target Est||N/A|
Citigroup Inc (C.N) issued loftier projections for its long-term profitability on Tuesday at its first day-long conference for investors since the 2007-2009 financial crisis. The fourth-largest U.S. bank said it expects to generate 11 cents in profit for every dollar of tangible common equity shareholders have provided by 2020, and 14 cents per dollar over the longer term. About half of the forecast is based on Citigroup's expectation that it will be able to buy back more stock.
Inside Citi's big investor day.
Citi shares rose 3 percent in opening trade Tuesday as the financial firm began its first investor day since May 2008, just before the financial crisis.