The New Citibank: A Look Back on 2024 & 2025 Outlook

Maybe it's got more room to run ... and you've got more to gain

What a run it’s been for Citibank, everyone’s favorite punching bag “too big to fail” bank. From the depths of despair late in 2023 when it bottomed out in the high $37s to today where it’s knocking on the door of $80 if you were an investor, you’ve seen a fairly rare double in a bank in a little over a year. Winners win. And so even though you may have seen this, read on.

The hard part thought was buying when the world thought it was a P.O.S.

Source: Bloomberg

After yet another “good quarter guys” I found myself thinking, how did the year progress? How did they do relative to what they said they would?

But first, for those of you newer to Victaurs, here is the July call to buy Citibank:

And now here is a snap report on the year through earnings calls and whether or not I’m selling or not. But first your disclaimer & for those of you on the fence 15% off …

The information provided is NOT financial advice. I am not a financial adviser, accountant or the like. This information is purely from my own due diligence and an expression of my thoughts, my opinions based on my personal experiences, and the way I transact. This information is provided for general informational purposes only and should not be considered as personal or professional advice. Your money, your outlay, your risk. This presentation does not provide investing advice in any way shape or form. You will be solely responsible for any decisions you make. If you need to seek any advice, speak to your advisers, accountants or other professionals who you may be relying on for your wealth creation journey. Please do your own due diligence. And by due diligence I mean actually think for yourself before investing your money.