Over the past year, shares of Citigroup (NYSE: C) have climbed 47%. That’s more than double the return on the S&P 500, and it comfortably exceeds other big banks as well, with the KBW Bank Index returning 38% since this time last year.
Given this performance, it’s reasonable for investors to ask: Is Citigroup’s stock still a buy for value investors?
The top of the Citigroup building in London’s Canary Wharf. Image source: Getty Images.