Citigroup's Trading Volume Surges 60.84% to $29.25 Billion Ranking 37th in Market Activity

On April 9, 2025, Citigroup's trading volume reached $29.25 billion, marking a 60.84% increase from the previous day and ranking 37th in the day's market activity. The stock price of Citigroup (C) rose by 9.15%.

Investors are eagerly awaiting Citigroup's first-quarter earnings report, scheduled for April 15, 2025. The bank's shares have declined by 16% year-to-date due to market sell-offs driven by economic uncertainties and new trade tariffs. Shareholders are looking for signs of resilience to reverse the stock's eight-month low. Despite the challenging environment, there are reasons for optimism.

Citigroup faces both challenges and opportunities due to the new trade tariffs. The bank may experience immediate pressure as clients reassess investment opportunities, potentially leading to increased delinquencies and defaults in various lending sectors. However, Citigroup's global reach could also present opportunities, particularly in its Treasury and Trade Solutions business, which handles cash management and working capital solutions. This segment could benefit from supply chain rerouting and increased demand for foreign exchange hedging.

Citigroup's first-quarter earnings report will provide insights into the bank's performance and management's outlook. Revenue and earnings are expected to be solid, reflecting the pre-trade war period. However, the bank's allowance for credit losses (ACL) will be closely watched, as any substantial increase could signal concerns about borrowers' health. The bank previously projected revenue growth of 3% to 4% for the full year 2025, with a net income increase boosted by cost savings initiatives.

Citigroup's stock is currently trading at a discount compared to its peers, with a price-to-book ratio of 0.6 times and a forward price-to-earnings ratio of 8 times its consensus 2025 earnings per share estimate. This suggests that its shares may be undervalued. Additionally, Citigroup's international corporate lending profile, with 44% of 2024 corporate lending revenue from outside the U.S., provides an edge over rivals with a heavier domestic focus. The stock also offers a 3.8% dividend yield, supported by underlying cash flows and a robust balance sheet.