InvestBattle | Wells Fargo vs Citigroup

May 31, 2024by

Over the past three months, one of the leaders of growth in the S&P 500 index has been the Banks industry +10.0%.

Some of the largest (by market capitalization) companies in this industry: Wells Fargo ($206.4B), one of the largest banks in the United States, with assets under management of more than $1.9T, and Citigroup ($118.1B), an international financial company operating in more than 100 countries.

According to the latest quarterly reporting data, we analyzed each company’s profitability, strength, and efficiency criteria using the methodology of Stanford University professor Joseph Piotroski.

As you can see, in terms of fundamental data, Wells Fargo demonstrates stronger results and outperforms Citigroup in terms of profitability.

Over the past 3 months, Wells Fargo stock has risen by +8.8%, while Citigroup has increased by +12.0% (the S&P 500 index has risen by +2.9%). Citigroup outperformed its closest competitor and showed better results compared to the index.

So, the winner in today’s battle is Wells Fargo (WFC). Although Citigroup’s shares show better profitability, Micron Technology’s business looks healthier in terms of indicators such as change in return on assets, operating cash flow, and accumulation.

* This is not an investment recommendation. It is up to each individual to decide which criteria to favor when making an investment decision, taking into account their goals and individual risk tolerance.
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