Citigroup targets 11% to 13% return on tangible equity
Citigroup is targeting an adjusted return on tangible common equity of 11% to 13% for 2027 and 2028. This outlook exceeds the current goal of 10% to 11%.
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CITIGROUP INC set a new profitability target of 11% to 13% for its adjusted return on tangible common equity (ROTCE) for 2027 and 2028. The bank announced the updated goals ahead of its investor day scheduled for May 7. The new range exceeds the 10% to 11% ROTCE goal Citigroup aims to achieve during the current year.
ROTCE is a critical metric for bank investors because it measures how effectively a firm generates profit from its tangible assets.
