Citigroup Inc (C) is overvalued and Wells Fargo & Co (WFC) is fairly valued.
Both trade above our estimate of their intrinsic value. WFC is the closer of the two: -5%, against -37% for C.
Values as of the 22 Sept 2026 close.
Book value at 0.72x, the multiple a 8.3% return on equity justifies, blended with earnings, values the shares at $96.80; the price of $132.47 is 37% above that value.
Leak Score 30/100 on 10 of 12 signals
Book value at 1.40x, the multiple a 12.5% return on equity justifies, blended with earnings, values the shares at $79.44; the price of $83.15 is 5% above that value.
Leak Score 45/100 on 9 of 12 signals
| Metric | C | WFC |
|---|---|---|
| Verdict | Overvalued | Fairly valued |
| Price | $132.47 | $83.15 |
| Intrinsic value | $96.80 | $79.44 |
| Margin of safety | -37% | -5% |
| Leak Score | 30/100 (10/12) | 45/100 (9/12) |
| Market cap | $222.2B | $251.4B |
| Revenue growth, 5 years | 13.7% | 8.6% |
| Operating margin | 14.3% | 21.9% |
| Net margin | 9.3% | 16.8% |
| Return on equity | 8.3% | 12.5% |
| Debt to equity | 3.85 | 2.57 |
| P/E | 14.3x | 12.1x |
| Forward P/E | 10.3x | 10.4x |
| P/B | 1.1x | 1.5x |
| Dividend yield | 1.9% | 2.3% |