Citi (C) aims for a medium-term return on common equity of 14-15% by 2029-31 and 10-11% return on tangible common equity by 2026, investor day
- Anticipates higher share repurchases in 2026 vs. last year.
- Plans to undertake USD 30bln worth of buybacks.
Context
Citi's medium-term guidance for a 14-15% return on common equity signals a bullish outlook that could attract investor interest, particularly as they plan significant share repurchases totaling $30 billion. This commitment may enhance earnings per share and drive stock performance, while the elevated buyback activity could imply confidence in their financial position and growth prospects going forward.
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