Summary
We now turn to Citigroup in our coverage of major financial institution performance.
While the name is improving in several key metrics, the overall performance leaves something to be desired especially compared to peers.
With interest rates rising, we still believe Citigroup should be trading higher as the key metrics have improved.
This idea was discussed in more depth with members of my private investing community, BAD BEAT Investing.
As you may have noticed, earnings season is officially under way and we have been diligently covering the major banks as we are looking to see if our expectations of stronger performance due to rising interest rates is coming to fruition. We now turn to Citigroup (C). As interest rates rise all banks stand to gain, and Citigroup is no exception. As we have done with other major banks we will discuss several key metrics that suggest the bank is improving, despite the action in share prices over the last few months. We believe there are several strengths and weaknesses you need to be aware of in the key metrics that we follow. Overall, we think Citigroup is a buy based on sector tailwinds.
