FMP
Jan 18, 2022 10:31 PM - Davit Kirakosyan
Citigroup Inc. (NYSE:C) reported its Q4 results, which came in better than expected and provided some reassurance about the company’s outlook, following 25% underperformance versus US banks during last year. The company’s quarterly revenue came in at $17 billion, beating the Street estimate of $16.75 billion.
While lower-than-expected loan-loss charges accounted for most of the company’s earnings strength, the bank’s net interest income was 4% better than expected.
The continuing recovery of Citigroup’s credit card volumes also appears stronger than for some peers. This, and potential benefits from rising US interest rates, should increasingly support the bank’s domestic consumer revenues.
Sep 11, 2023 - Rajnish Katharotiya
During this post we are going to perform an industry analysis with Python. We will build, analyse and compare all stocks operating within an industry. To do so, we will pick an industry and get all important financial metrics for companies operating in that industry. Then, we will use a couple of fi...
Sep 11, 2023 - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 - Rajnish Katharotiya
Would you like to know how your portfolio is performing and how much risk you are taking? In this post, you will learn how to measure portfolio risk and calculate portfolio returns using Python. We will see step by step how to calculate the risk and returns of a portfolio containing four stocks Appl...