{"id":3039,"date":"2026-04-19T02:19:06","date_gmt":"2026-04-18T19:19:06","guid":{"rendered":"https:\/\/taichinhphowall.com\/index.php\/2026\/04\/19\/citigroup-q1-loi-nhuan-ky-luc-thap-ky-phan-tich-dong-luc-tang-truong-va-co-hoi-dau-tu\/"},"modified":"2026-04-19T02:19:06","modified_gmt":"2026-04-18T19:19:06","slug":"citigroup-q1-loi-nhuan-ky-luc-thap-ky-phan-tich-dong-luc-tang-truong-va-co-hoi-dau-tu","status":"publish","type":"post","link":"https:\/\/taichinhphowall.com\/index.php\/2026\/04\/19\/citigroup-q1-loi-nhuan-ky-luc-thap-ky-phan-tich-dong-luc-tang-truong-va-co-hoi-dau-tu\/","title":{"rendered":"Citigroup Q1: L\u1ee3i nhu\u1eadn k\u1ef7 l\u1ee5c th\u1eadp k\u1ef7, Ph\u00e2n t\u00edch \u0111\u1ed9ng l\u1ef1c t\u0103ng tr\u01b0\u1edfng v\u00e0 c\u01a1 h\u1ed9i \u0111\u1ea7u t\u01b0"},"content":{"rendered":"<div>\n<p>Citigroup (Citi) \u0111\u00e3 kh\u1edfi \u0111\u1ea7u n\u0103m 2024 m\u1ed9t c\u00e1ch \u0111\u1ea7y \u1ea5n t\u01b0\u1ee3ng, v\u01b0\u1ee3t xa m\u1ecdi k\u1ef3 v\u1ecdng c\u1ee7a Ph\u1ed1 Wall v\u1ec1 c\u1ea3 doanh thu v\u00e0 l\u1ee3i nhu\u1eadn trong qu\u00fd \u0111\u1ea7u ti\u00ean. K\u1ebft qu\u1ea3 kinh doanh b\u00f9ng n\u1ed5 n\u00e0y kh\u00f4ng ch\u1ec9 \u0111\u00e1nh d\u1ea5u c\u1ed9t m\u1ed1c doanh thu cao nh\u1ea5t trong m\u1ed9t th\u1eadp k\u1ef7 m\u00e0 c\u00f2n c\u1ee7ng c\u1ed1 ni\u1ec1m tin v\u00e0o chi\u1ebfn l\u01b0\u1ee3c t\u00e1i c\u1ea5u tr\u00fac m\u1ea1nh m\u1ebd c\u1ee7a ng\u00e2n h\u00e0ng. Tuy nhi\u00ean, b\u00ean c\u1ea1nh nh\u1eefng \u0111i\u1ec3m s\u00e1ng, nh\u00e0 \u0111\u1ea7u t\u01b0 c\u0169ng c\u1ea7n nh\u00ecn nh\u1eadn c\u00e1c y\u1ebfu t\u1ed1 r\u1ee7i ro ti\u1ec1m \u1ea9n.<\/p>\n<h2>K\u1ebft qu\u1ea3 kinh doanh Q1\/2024 c\u1ee7a Citigroup: V\u01b0\u1ee3t tr\u1ed9i m\u1ecdi ch\u1ec9 s\u1ed1<\/h2>\n<p>Theo d\u1eef li\u1ec7u \u0111\u01b0\u1ee3c t\u1ed5ng h\u1ee3p b\u1edfi LSEG, Citigroup \u0111\u00e3 c\u00f4ng b\u1ed1 c\u00e1c ch\u1ec9 s\u1ed1 t\u00e0i ch\u00ednh \u1ea5n t\u01b0\u1ee3ng, cho th\u1ea5y s\u1ef1 ph\u1ee5c h\u1ed3i m\u1ea1nh m\u1ebd:<\/p>\n<ul>\n<li><b>L\u1ee3i nhu\u1eadn r\u00f2ng:<\/b> \u0110\u1ea1t 5,8 t\u1ef7 USD, t\u01b0\u01a1ng \u0111\u01b0\u01a1ng 3,06 USD tr\u00ean m\u1ed7i c\u1ed5 phi\u1ebfu, t\u0103ng v\u1ecdt 56% so v\u1edbi m\u1ee9c 4,1 t\u1ef7 USD (1,96 USD\/c\u1ed5 phi\u1ebfu) c\u1ee7a c\u00f9ng k\u1ef3 n\u0103m tr\u01b0\u1edbc.<\/li>\n<li><b>Doanh thu:<\/b> T\u0103ng 14% l\u00ean 24,63 t\u1ef7 USD, \u0111\u00e1nh d\u1ea5u qu\u00fd c\u00f3 doanh thu cao nh\u1ea5t trong 10 n\u0103m qua c\u1ee7a ng\u00e2n h\u00e0ng.<\/li>\n<li><b>T\u1ef7 su\u1ea5t l\u1ee3i nhu\u1eadn tr\u00ean v\u1ed1n ch\u1ee7 s\u1edf h\u1eefu h\u1eefu h\u00ecnh (ROTCE):<\/b> \u0110\u1ea1t 13,1%, m\u1ee9c cao nh\u1ea5t k\u1ec3 t\u1eeb n\u0103m 2021 v\u00e0 v\u01b0\u1ee3t m\u1ee5c ti\u00eau t\u1eeb 10% \u0111\u1ebfn 11% m\u00e0 ng\u00e2n h\u00e0ng \u0111\u1eb7t ra.<\/li>\n<\/ul>\n<p>CEO Jane Fraser nh\u1ea5n m\u1ea1nh r\u1eb1ng ng\u00e2n h\u00e0ng \u0111ang \u0111i \u0111\u00fang h\u01b0\u1edbng \u0111\u1ec3 \u0111\u1ea1t \u0111\u01b0\u1ee3c m\u1ee5c ti\u00eau ROTCE trong n\u0103m nay, \u0111\u1ed3ng th\u1eddi th\u00f4ng b\u00e1o 90% c\u00e1c ch\u01b0\u01a1ng tr\u00ecnh chuy\u1ec3n \u0111\u1ed5i \u0111\u00e3 ho\u00e0n th\u00e0nh ho\u1eb7c g\u1ea7n ho\u00e0n th\u00e0nh, v\u00e0 giai \u0111o\u1ea1n cu\u1ed1i c\u00f9ng c\u1ee7a vi\u1ec7c tho\u00e1i v\u1ed1n \u0111ang \u0111\u01b0\u1ee3c tri\u1ec3n khai.<\/p>\n<h2>Ph\u00e2n t\u00edch \u0111\u1ed9ng l\u1ef1c t\u0103ng tr\u01b0\u1edfng ch\u00ednh<\/h2>\n<p>S\u1ef1 t\u0103ng tr\u01b0\u1edfng v\u01b0\u1ee3t b\u1eadc c\u1ee7a Citigroup trong qu\u00fd 1 ch\u1ee7 y\u1ebfu \u0111\u1ebfn t\u1eeb c\u00e1c b\u1ed9 ph\u1eadn kinh doanh c\u1ed1t l\u00f5i:<\/p>\n<ul>\n<li><b>B\u1ed9 ph\u1eadn Th\u1ecb tr\u01b0\u1eddng (Markets):<\/b> \u0110\u00e2y l\u00e0 \u0111\u1ed9ng l\u1ef1c ch\u00ednh th\u00fac \u0111\u1ea9y k\u1ebft qu\u1ea3 \u1ea5n t\u01b0\u1ee3ng.\n<ul>\n<li>M\u1ea3ng Thu nh\u1eadp c\u1ed1 \u0111\u1ecbnh (Fixed Income) t\u0103ng 13% l\u00ean 5,2 t\u1ef7 USD, v\u01b0\u1ee3t xa \u01b0\u1edbc t\u00ednh 4,68 t\u1ef7 USD c\u1ee7a StreetAccount.<\/li>\n<li>M\u1ea3ng C\u1ed5 phi\u1ebfu (Equities) t\u0103ng v\u1ecdt 39% l\u00ean 2,1 t\u1ef7 USD, cao h\u01a1n kho\u1ea3ng 500 tri\u1ec7u USD so v\u1edbi d\u1ef1 b\u00e1o.<\/li>\n<\/ul>\n<\/li>\n<li><b>Ng\u00e2n h\u00e0ng \u0111\u1ea7u t\u01b0 (Investment Banking):<\/b> M\u1eb7c d\u00f9 t\u1ed5ng th\u1ec3 m\u1ea3ng n\u00e0y c\u00f3 ph\u1ea7n th\u1ea5p h\u01a1n \u01b0\u1edbc t\u00ednh, nh\u01b0ng m\u1ea3ng B\u1ea3o l\u00e3nh ph\u00e1t h\u00e0nh c\u1ed5 phi\u1ebfu (Equity Underwriting) l\u1ea1i c\u00f3 k\u1ebft qu\u1ea3 xu\u1ea5t s\u1eafc, \u0111\u1ea1t 208 tri\u1ec7u USD, v\u01b0\u1ee3t qua \u01b0\u1edbc t\u00ednh 186,3 tri\u1ec7u USD.<\/li>\n<li><b>D\u1ecbch v\u1ee5 (Services):<\/b> Doanh thu t\u0103ng 17% l\u00ean 6,1 t\u1ef7 USD, c\u0169ng v\u01b0\u1ee3t k\u1ef3 v\u1ecdng 5,8 t\u1ef7 USD c\u1ee7a Ph\u1ed1 Wall.<\/li>\n<li><b>Wealth v\u00e0 th\u1ebb t\u00edn d\u1ee5ng ti\u00eau d\u00f9ng t\u1ea1i M\u1ef9:<\/b> D\u00f9 \u0111\u01b0\u1ee3c \u0111i\u1ec1u ch\u1ec9nh nh\u1eb9, c\u1ea3 hai m\u1ea3ng n\u00e0y \u0111\u1ec1u ghi nh\u1eadn m\u1ee9c t\u0103ng tr\u01b0\u1edfng nh\u1edd v\u00e0o s\u1ef1 ph\u00e1t tri\u1ec3n c\u1ee7a Citigold v\u00e0 m\u1ea3ng ng\u00e2n h\u00e0ng b\u00e1n l\u1ebb.<\/li>\n<\/ul>\n<p>Nh\u1eefng con s\u1ed1 n\u00e0y minh ch\u1ee9ng cho hi\u1ec7u qu\u1ea3 c\u1ee7a n\u1ed7 l\u1ef1c t\u00e1i c\u1ea5u tr\u00fac v\u00e0 t\u1ed1i \u01b0u h\u00f3a ho\u1ea1t \u0111\u1ed9ng c\u1ee7a Citigroup, gi\u00fap ng\u00e2n h\u00e0ng t\u1eadn d\u1ee5ng t\u1ed1t h\u01a1n m\u00f4i tr\u01b0\u1eddng th\u1ecb tr\u01b0\u1eddng.<\/p>\n<h2>C\u01a1 h\u1ed9i \u0111\u1ea7u t\u01b0 v\u00e0 tri\u1ec3n v\u1ecdng t\u00edch c\u1ef1c<\/h2>\n<p>C\u1ed5 phi\u1ebfu Citigroup hi\u1ec7n l\u00e0 c\u1ed5 phi\u1ebfu c\u00f3 hi\u1ec7u su\u1ea5t t\u1ed1t nh\u1ea5t t\u1eeb \u0111\u1ea7u n\u0103m \u0111\u1ebfn nay trong s\u1ed1 c\u00e1c ng\u00e2n h\u00e0ng l\u1edbn. \u0110i\u1ec1u n\u00e0y \u0111\u1ebfn t\u1eeb m\u1ed9t s\u1ed1 y\u1ebfu t\u1ed1:<\/p>\n<ul>\n<li><b>T\u00e1i c\u1ea5u tr\u00fac th\u00e0nh c\u00f4ng:<\/b> C\u00e1c \u0111\u1ed9ng th\u00e1i tinh g\u1ecdn ho\u1ea1t \u0111\u1ed9ng v\u00e0 gi\u1ea3i quy\u1ebft c\u00e1c v\u1ea5n \u0111\u1ec1 ph\u00e1p l\u00fd \u0111ang cho th\u1ea5y hi\u1ec7u qu\u1ea3 r\u00f5 r\u1ec7t.<\/li>\n<li><b>\u0110\u1ecbnh gi\u00e1 t\u01b0\u01a1ng \u0111\u1ed1i th\u1ea5p:<\/b> M\u1eb7c d\u00f9 \u0111\u00e3 t\u0103ng tr\u01b0\u1edfng, \u0111\u1ecbnh gi\u00e1 c\u1ee7a Citigroup v\u1eabn \u0111\u01b0\u1ee3c coi l\u00e0 h\u1ea5p d\u1eabn so v\u1edbi c\u00e1c \u0111\u1ed1i th\u1ee7.<\/li>\n<li><b>Ho\u00e0n th\u00e0nh y\u00eau c\u1ea7u ph\u00e1p l\u00fd:<\/b> Ng\u00e2n h\u00e0ng k\u1ef3 v\u1ecdng s\u1ebd ho\u00e0n t\u1ea5t c\u00e1c l\u1ec7nh ch\u1ea5p thu\u1eadn theo quy \u0111\u1ecbnh (regulatory consent orders) trong n\u0103m nay, gi\u00fap gi\u1ea3m b\u1edbt g\u00e1nh n\u1eb7ng tu\u00e2n th\u1ee7 v\u00e0 chi ph\u00ed.<\/li>\n<\/ul>\n<p>V\u1edbi k\u1ebft qu\u1ea3 ROTCE v\u01b0\u1ee3t m\u1ee5c ti\u00eau v\u00e0 doanh thu k\u1ef7 l\u1ee5c, Citigroup \u0111ang cho th\u1ea5y ti\u1ec1m n\u0103ng t\u0103ng tr\u01b0\u1edfng b\u1ec1n v\u1eefng, \u0111\u1eb7c bi\u1ec7t khi qu\u00e1 tr\u00ecnh chuy\u1ec3n \u0111\u1ed5i v\u00e0 tho\u00e1i v\u1ed1n \u0111\u01b0\u1ee3c ho\u00e0n t\u1ea5t.<\/p>\n<h2>Th\u00e1ch th\u1ee9c v\u00e0 r\u1ee7i ro ti\u1ec1m \u1ea9n<\/h2>\n<p>B\u00ean c\u1ea1nh nh\u1eefng \u0111i\u1ec3m s\u00e1ng, nh\u00e0 \u0111\u1ea7u t\u01b0 c\u1ea7n l\u01b0u \u00fd \u0111\u1ebfn m\u1ed9t s\u1ed1 r\u1ee7i ro:<\/p>\n<ul>\n<li><b>D\u1ef1 ph\u00f2ng r\u1ee7i ro t\u00edn d\u1ee5ng cao h\u01a1n d\u1ef1 ki\u1ebfn:<\/b> Chi ph\u00ed d\u1ef1 ph\u00f2ng t\u1ed5n th\u1ea5t t\u00edn d\u1ee5ng \u0111\u1ea1t 2,81 t\u1ef7 USD, cao h\u01a1n m\u1ee9c k\u1ef3 v\u1ecdng 2,64 t\u1ef7 USD. Nguy\u00ean nh\u00e2n ch\u1ee7 y\u1ebfu do t\u1ed5n th\u1ea5t t\u00edn d\u1ee5ng r\u00f2ng trong m\u1ea3ng th\u1ebb ti\u00eau d\u00f9ng v\u00e0 t\u0103ng d\u1ef1 ph\u00f2ng 579 tri\u1ec7u USD. \u0110i\u1ec1u n\u00e0y cho th\u1ea5y r\u1ee7i ro suy gi\u1ea3m ch\u1ea5t l\u01b0\u1ee3ng t\u00edn d\u1ee5ng trong m\u1ed9t s\u1ed1 ph\u00e2n kh\u00fac.<\/li>\n<li><b>Chi ph\u00ed t\u0103ng:<\/b> Chi ph\u00ed ho\u1ea1t \u0111\u1ed9ng t\u0103ng 7% do chi ph\u00ed th\u00f4i vi\u1ec7c v\u00e0 \u1ea3nh h\u01b0\u1edfng t\u1eeb ch\u00eanh l\u1ec7ch t\u1ef7 gi\u00e1 h\u1ed1i \u0111o\u00e1i.<\/li>\n<li><b>Y\u1ebfu t\u1ed1 \u0111\u1ecba ch\u00ednh tr\u1ecb:<\/b> V\u1edbi d\u1ea5u \u1ea5n to\u00e0n c\u1ea7u r\u1ed9ng l\u1edbn, Citigroup \u0111\u01b0\u1ee3c \u0111\u00e1nh gi\u00e1 l\u00e0 d\u1ec5 b\u1ecb \u1ea3nh h\u01b0\u1edfng b\u1edfi m\u00f4i tr\u01b0\u1eddng \u0111\u1ecba ch\u00ednh tr\u1ecb h\u01a1n nhi\u1ec1u \u0111\u1ed1i th\u1ee7 c\u1ea1nh tranh. Nh\u1eefng b\u1ea5t \u1ed5n tr\u00ean th\u1ebf gi\u1edbi c\u00f3 th\u1ec3 t\u00e1c \u0111\u1ed9ng \u0111\u1ebfn ho\u1ea1t \u0111\u1ed9ng qu\u1ed1c t\u1ebf c\u1ee7a ng\u00e2n h\u00e0ng.<\/li>\n<\/ul>\n<h2>K\u1ebft lu\u1eadn<\/h2>\n<p>Citigroup \u0111\u00e3 tr\u00ecnh di\u1ec5n m\u1ed9t qu\u00fd 1\/2024 xu\u1ea5t s\u1eafc, cho th\u1ea5y s\u1ef1 tr\u1edf l\u1ea1i m\u1ea1nh m\u1ebd v\u00e0 hi\u1ec7u qu\u1ea3 c\u1ee7a chi\u1ebfn l\u01b0\u1ee3c t\u00e1i c\u1ea5u tr\u00fac d\u01b0\u1edbi s\u1ef1 l\u00e3nh \u0111\u1ea1o c\u1ee7a CEO Jane Fraser. C\u00e1c con s\u1ed1 \u1ea5n t\u01b0\u1ee3ng v\u1ec1 doanh thu, l\u1ee3i nhu\u1eadn v\u00e0 ROTCE cung c\u1ea5p m\u1ed9t c\u00e1i nh\u00ecn l\u1ea1c quan v\u1ec1 t\u01b0\u01a1ng lai c\u1ee7a ng\u00e2n h\u00e0ng. Tuy nhi\u00ean, nh\u00e0 \u0111\u1ea7u t\u01b0 c\u1ea7n theo d\u00f5i s\u00e1t sao c\u00e1c ch\u1ec9 s\u1ed1 v\u1ec1 ch\u1ea5t l\u01b0\u1ee3ng t\u00edn d\u1ee5ng v\u00e0 di\u1ec5n bi\u1ebfn \u0111\u1ecba ch\u00ednh tr\u1ecb \u0111\u1ec3 c\u00f3 c\u00e1i nh\u00ecn to\u00e0n di\u1ec7n v\u1ec1 ti\u1ec1m n\u0103ng v\u00e0 r\u1ee7i ro c\u1ee7a Citigroup trong b\u1ed1i c\u1ea3nh th\u1ecb tr\u01b0\u1eddng bi\u1ebfn \u0111\u1ed9ng.<\/p>\n<p><h3>B\u00c0I VI\u1ebeT LI\u00caN QUAN:<\/h3>\n<\/p>\n<p><a href=\"\/phan-tich-trien-vong-nganh-ngan-hang-toan-cau-2024\" title=\"Ph\u00e2n t\u00edch tri\u1ec3n v\u1ecdng ng\u00e0nh ng\u00e2n h\u00e0ng to\u00e0n c\u1ea7u n\u0103m 2024\">Ph\u00e2n t\u00edch tri\u1ec3n v\u1ecdng ng\u00e0nh ng\u00e2n h\u00e0ng to\u00e0n c\u1ea7u n\u0103m 2024<\/a><\/p>\n<p style=\"text-align: right; margin-top: 20px;\"><i>Ngu\u1ed3n tin: cnbc.com<\/i><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Citigroup (Citi) \u0111\u00e3 kh\u1edfi \u0111\u1ea7u n\u0103m 2024 m\u1ed9t c\u00e1ch \u0111\u1ea7y \u1ea5n t\u01b0\u1ee3ng, v\u01b0\u1ee3t xa m\u1ecdi k\u1ef3 v\u1ecdng c\u1ee7a Ph\u1ed1 Wall v\u1ec1 c\u1ea3 doanh thu v\u00e0 l\u1ee3i nhu\u1eadn trong qu\u00fd \u0111\u1ea7u ti\u00ean. K\u1ebft qu\u1ea3 kinh doanh b\u00f9ng n\u1ed5 n\u00e0y kh\u00f4ng ch\u1ec9 \u0111\u00e1nh d\u1ea5u c\u1ed9t m\u1ed1c doanh thu cao nh\u1ea5t trong m\u1ed9t th\u1eadp k\u1ef7 m\u00e0 c\u00f2n c\u1ee7ng [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[],"class_list":["post-3039","post","type-post","status-publish","format-standard","hentry","category-bao-cao-tai-chinh"],"_links":{"self":[{"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/posts\/3039","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/comments?post=3039"}],"version-history":[{"count":0,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/posts\/3039\/revisions"}],"wp:attachment":[{"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/media?parent=3039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/categories?post=3039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/tags?post=3039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}