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Headquartered in New York City, Citigroup Inc. (C) is a major global financial institution with a substantial market presence. With a market cap of $121.5 billion, serving a diverse clientele, including individuals, corporations, governments, and institutions, Citigroup provides a comprehensive array of financial services, ranging from retail and commercial banking to wealth management and investment banking.
Shares of the financial giant have significantly outperformed the broader market over the past year. The stock has gained 60.9% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 35.2%. In 2024 alone, C is up 23.9% compared to SPX’s 20.1% rise on a YTD basis.