Citigroup Inc (C): Today's Featured Banking Winner

Citigroup (C) pushed the Banking industry higher today making it today's featured banking winner. The industry as a whole closed the day up 0.9%. By the end of trading, Citigroup rose 20 cents (0.7%) to $27.87 on average volume. Throughout the day, 44 million shares of Citigroup exchanged hands as compared to its average daily volume of 41 million shares. The stock ranged in a price between $27.57-$28.16 after having opened the day at $27.76 as compared to the previous trading day's close of $27.67. Other companies within the Banking industry that increased today were: National Bank of Greece (NBG), up 29.9%, Ameriana Bancorp (ASBI), up 12.1%, Green Bankshares (GRNB), up 11.8%, and Summit Financial Group (SMMF), up 8.1%.

Citigroup Inc., a diversified financial services holding company, provides a range of financial products and services to consumers, corporations, governments, and institutions worldwide. The company operates through two segments, Citicorp and Citi Holdings. Citigroup has a market cap of $80.99 billion and is part of the financial sector. The company has a P/E ratio of 7.7, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 2.1% year to date as of the close of trading on Wednesday. Currently there are 13 analysts that rate Citigroup a buy, three analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates Citigroup as a hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and notable return on equity. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, poor profit margins and a generally disappointing performance in the stock itself.

• You can view the full Citigroup Ratings Report.

On the negative front, Credit Suisse (DGAZ), down 42%, Jacksonville Bancorp Inc (FL (JAXB), down 13.3%, Credit Suisse Group (CS), down 9.4%, and Porter Bancorp (PBIB), down 7.9%, were all losers within the banking industry with HDFC Bank (HDB) being today's banking industry loser.

• Use our banking section to find industry-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the banking industry could consider KBW Bank ETF (KBE) while those bearish on the banking industry could consider ProShares Short KBW Regional Bankng (KRS).

• Find other investment ideas from our top rated ETFs lists.

For more information on Citigroup Inc click any of the following:

• Citigroup Inc Stock Price

• Citigroup Inc Analyst Ratings

• Citigroup Inc Key Stats & Profile

• Citigroup Inc Earnings

• Citigroup Inc Ratio Comparison

• Citigroup Inc Growth Rates

• Citigroup Inc Balance Sheet

• Citigroup Inc Cash Flow

• Citigroup Inc Income Statement