Citi Analysts Split on EPS, Card Delinquencies Hit 1.30%, CEO Eyes AI-Driven Deal Pipeline
C sits 53% above its 52-week low of $87.94.
Summary
Analysts are diverging on Citi's EPS outlook: BoA raised 2026 EPS to $11.09, KBW to $11.15, while Jefferies trimmed its 2026–27 estimates. The bank's June credit card delinquency rate ticked up to 1.30% with charge-offs at 2.25%, a modest consumer credit signal. CEO Jane Fraser highlighted a strong deal pipeline fueled by energy and AI infrastructure, balancing growth with optionality. Separately, Vincenzo Ruggieri was named MD and head of aerospace & defense for UK, Europe, Middle East, and Africa. This follows Citi's strong Q2 report two days ago, where net income surged 45% on record revenue.
At the time of this announcement, C was trading at $134.55 on NYSE in the Finance sector, with a market capitalization of approximately $231.3B. The 52-week trading range was $87.94 to $147.96. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Wiseek News.