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 challenges does Citigroup face in terms of profitability?

How has Citigroup's stock been performing recently in relation to its book value?