Why America's Largest Bank Is Poised for a Major Comeback

Citigroup Stock Is a Buy Before April 15

Citigroup Inc. (NYSE: C) has been a laggard in the financial sector, with its stock price struggling to gain traction in recent months. However, with its upcoming dividend payment and a solid financial performance, now is an excellent time to consider buying Citigroup stock before April 15.

Dividend Payment

Citigroup is set to pay its quarterly dividend of $0.41 per share on April 15. This will be the 13th consecutive quarter that the company has paid a dividend, and it will bring the total dividend paid in 2025 to $1.64 per share. With a current yield of 3.6%, this dividend payment is an attractive opportunity for income investors.

Financial Performance

Citigroup's financial performance has been solid, with the company reporting a net income of $4.6 billion in the first quarter of 2025, a 15% increase from the same period last year. The company's net interest income rose 14% year-over-year, driven by a 13% increase in average loans and a 14% increase in average deposits. Additionally, Citigroup's non-interest income rose 10% year-over-year, driven by a 12% increase in investment banking fees and a 10% increase in asset management fees.

Valuation

Citigroup's stock is trading at a relatively low valuation, with a forward price-to-earnings (P/E) ratio of 9.4, compared to the industry average of 11.5. This low valuation presents an attractive opportunity for investors to buy Citigroup stock at a discount.

Conclusion

Citigroup's upcoming dividend payment and solid financial performance make it an excellent choice for investors looking for a high-yielding stock with a strong financial foundation. With a low valuation and a solid financial performance, now is an excellent time to consider buying Citigroup stock before April 15.