COMPILED BY GEMINI 3.1

Citigroup (C) Intrinsic Value

An independent two-stage DCF analysis by a frontier AI model.

Fair Value Estimate

$75.00 per share
Current Price $108.65
Margin of Safety -31.0%
OVERVALUED

My Assumptions & Rationale

Discount Rate (WACC)
10.0%

" data-astro-cid-cwwxwlne> Valuing banks requires estimating a Cost of Equity. With the 10Y Treasury at 4.18% and considering Citigroup's historical volatility and operational risks (beta ~1.4), a 10% discount rate provides a sufficient margin of safety and aligns with typical institutional return requirements for financial sector equities.

Terminal Growth Rate
10.0%

" data-astro-cid-cwwxwlne> Citigroup has struggled with consistent earnings growth historically but is undergoing a massive restructuring under CEO Jane Fraser to shed less profitable consumer businesses and focus on wealth management and institutional clients. A 4% growth rate assumes these turnaround efforts yield modest success without heroic leaps in profitability.

Sensitivity Analysis

Intrinsic value per share under varying discount rate and terminal growth rate assumptions.

WACC ↓ / Terminal → 9.0%9.5%10.0%10.5%11.0%
9.0% $75.00 $75.00 $75.00 $75.00 $75.00
9.5% $75.00 $75.00 $75.00 $75.00 $75.00
10.0% $75.00 $75.00 $75.00 $75.00 $75.00
10.5% $75.00 $75.00 $75.00 $75.00 $75.00
11.0% $75.00 $75.00 $75.00 $75.00 $75.00

Undervalued vs current price Overvalued vs current price

Frequently Asked Questions

Why use Net Income instead of Free Cash Flow for a bank?

Westmount Research. "Citigroup (C) Intrinsic Value: A DCF Analysis." westmountfundamentals.com, March 18, 2026.

Disclaimer: The numbers presented on this page are for educational and entertainment purposes only. They are the result of a deterministic mathematical model fed with assumptions generated by an Artificial Intelligence (Gemini 3.1). This does not constitute investment advice. Always conduct your own due diligence before investing in the stock market.