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Citigroup Is Still Too Cheap To Ignore

Apr. 01, 2021 8:00 AM ETCitigroup Inc. (C)59 Comments
IP Banking Research profile picture
IP Banking Research


  • I see Citigroup as a good trading position going into the banking earnings season.
  • There are multiple tailwinds in play.
  • It is still a good time to own the financials.
  • Citi is not as exposed to interest rates as other banks yet still benefits from a steepening yield curve.
  • At this point in time, Citi is too cheap to ignore.

Aerial view of Citibank building in downtown
Photo by Andy Feng/iStock Editorial via Getty Images

I am bullish on Citigroup (NYSE:C) as a short-term trade prior to the earnings report on the 15th of April.

Citi still trades below tangible book value and is substantially cheaper

Data by YCharts

This article was written by

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Analyst’s Disclosure: I am/we are long C, BAC. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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