Citigroup Inc. (C): One of The Elite Financial Stocks to Buy?

We just covered the 10 Best Financial Stocks to Buy According to Warren Buffett and Citigroup Inc. (NYSE:C) ranks 10th on this list.

Citigroup Inc. (NYSE:C) was once a consistent feature in the 13F portfolio of Berkshire Hathaway. The fund first disclosed a stake in the company back in the first quarter of 2022. Back then, this position comprised 55 million shares. No activity was registered against this holding until the fourth quarter of 2024, when the fund trimmed this holding by close to 75% and reduced share ownership to around 14 million shares. In the first quarter of 2025, the fund declared that it had sold off this stake completely. Citi is a diversified financial service holding company that provides various financial products and services.

Why Wolfe Research Sees More Downside Ahead for C3.ai (AI)

Citigroup Inc. (NYSE:C) completely rewrote its financial narrative with its first-quarter 2026 earnings report, posting fundamental metrics that shattered consensus Wall Street expectations. The firm reported a normalized EPS of $3.06, beating the consensus Wall Street forecast of $2.60 to $2.67 per share. This marked a 56% year-over-year surge. Total revenue hit $24.63 billion, up 14.1% year-over-year, representing the bank’s highest single-quarter revenue haul in ten years. Net income jumped 42% to $5.8 billion. Revenue in Citi’s high-margin Services division surged 17%, fueled by a 40% increase in new client mandates and a 12% rise in cross-border transaction volumes.

While we acknowledge the risk and potential of C as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than C and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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