The shares trade for 0.8 times their reported Dec. 31 tangible book value of $51.19, and for 9.3 times the consensus 2013 EPS estimate of $4.60. The consensus 2014 EPS estimate is $5.19. Citigroup's drastic fourth-quarter actions to reduce expenses through the reduction of 11,000 staff positions and the closing of 84 branches, underline Oppenheimer analyst Chris Kotowski's comments late on Wednesday that with credit stabilizing, large banks can now " focus on optimizing returns." Interested in more on Citigroup? See TheStreet Ratings' report card for this stock.