Citigroup Tops Q4 Estimates on FICC Trading, Revenue

The transcript discusses Citigroup's Q4 financial performance, highlighting lower-than-expected investment banking revenue and stock performance. Despite a beat in fixed income trading, challenges remain, with a return on tangible common equity below peers. Citigroup's revenue grew modestly, reflecting its ongoing turnaround efforts. The stock has been trading sluggishly, at about half its book value.

What was the actual investment banking revenue for Citigroup in the fourth quarter?

• $722.4 million

• $645 million

• $340.8 million

• $930.6 million

How did Citigroup's fixed income trading performance compare to expectations?

• It exceeded expectations

• It was below expectations

• It met expectations

• It was not reported

What was Citigroup's return on tangible common equity in the fourth quarter?

• 10%

• 6%

• 20%

• 15%

By how much did Citigroup's revenues increase from the prior year?

• 6%

• 8%

• 3%

• 10%

What is the current trading value of Citigroup's stock compared to its book value?

• Equal to its book value

• Three times its book value

• Twice its book value

• Half of its book value