Citigroup Inc at RBC Capital Markets Global Financial Institutions Conference Transcript

Mar 08, 2023 / 08:20PM GMT
Gerard Sean Cassidy - RBC Capital Markets, Research Division - MD, Head of U.S. Bank Equity Strategy & Large Cap Bank Analyst

Good afternoon, everybody. Thank you for joining us for our next fireside chat with Citigroup, which really doesn't need much of an introduction, but we do like to just point out some of the data on these companies that are with us today. Also, we have, of course, Mark Mason, the Chief Financial Officer of Citigroup. Citigroup has got assets now about $2.4 trillion, a market cap of over $101 billion, and it's the value of stock trading, as you know, a discount to book, 56% of book and 64% of tangible book and about 8x next year's earnings. Now Mark has been the CFO since February of 2019. He joined Citi back in 2001, so he's a seasoned veteran, of course, of Citigroup, and had many roles within Citigroup over the years and has worked his way up to being CFO. So Mark thank you so much.

Mark A.L. Mason - Citigroup Inc. - CFO

Thanks Gerard. It's great to be here with you. It's been a long time since we've been able to do this in person.

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