Citi Lays Out New Profit Goals in Growth Pitch to Investors

Citigroup Inc. set out fresh targets in a pitch to convince investors it can inch closer to its Wall Street rivals, after years of pushing to remedy regulators’ complaints and shed its laggard image.

The bank said it would reach a return on tangible common equity — a key metric of profitability — of about 14% to 15% by 2031. The numbers, which were received with mixed reactions by investors, are still well below JPMorgan Chase & Co.’s 20% return posted in 2025.