Revenue segments as reported by the company.

Institutional Clients Group

Personal Banking and Wealth Management

Legacy Franchises

Services

Markets

Banking

U.S. Personal Banking

Wealth

All Other—managed basis

Reconciling Items—Divestiture-related impacts

Global Consumer Banking

Corporate / Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Provisions for credit losses and for benefits and claims

Compensation and benefits

Premises and equipment

Technology / communication

Advertising and marketing

Other operating

Restructuring

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Citigroup

Banamex is the second largest bank in Mexico.

Banamex

Citigroup, Inc. is a holding company, which engages in the provision of financial products and services. It operates through the following segments: Global Consumer Banking, Institutional Clients Group, and Corporate and Other. The Global Consumer Banking segment provides traditional banking services to retail customers through retail banking, including commercial banking, and Citi-branded cards and Citi retail services. The Institutional Clients Group segment provides corporate, institutional, public sector and high-net-worth clients around the world with a full range of wholesale banking products and services. This segment includes fixed income and equity sales and trading, foreign exchange, prime brokerage, derivative services, equity and fixed income research, corporate lending, investment banking and advisory services, private banking, cash management, trade finance and securities services. The Corporate and Other segment includes certain unallocated costs of global staff functions, other corporate expenses and unallocated global operations and technology expenses, Corporate Treasury, certain North America and international legacy consumer loan portfolios, other legacy assets, and discontinued operations. The company was founded in 1812 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Citigroup reports steady Q4 earnings, focuses on strategic transformation

Citigroup's Q4 2022 performance showed steady net income and revenue growth, with a focus on strategic priorities and transformation efforts. Challenges in investment banking and wealth management are being addressed through cost reduction and technology investments. Opportunities for growth exist in wealth management strategies and market improvements.

Citigroup reports robust Q1 earnings, eyes growth amidst uncertainties

Citigroup's Q1 2023 earnings call showcased strong financial performance, emphasizing growth in core businesses and positive prospects in Wealth Management. While facing global uncertainties and interest rate challenges, the company focuses on investments in modernization and growth opportunities in key markets. Citigroup aims for sustainable growth through strategic initiatives and prudent risk management.

Citigroup reports mixed Q2 results, focuses on revenue stability

Citigroup's Q2 performance showed mixed results with strong revenue growth in key segments but challenges in expenses and Investment Banking
The focus on steady revenues, cost reduction, and simplification efforts presents opportunities for improving returns and capital management
Client sentiment remains cautious amidst global uncertainties, with a strategic shift towards efficiency and innovation in response to market dynamics
Balancing capital adjustments, expense management, and client needs will be crucial for Citigroup's future growth and resilience

Citigroup reports solid Q3 earnings, focuses on revenue growth

Citigroup's Q3 results reflect strong revenue growth and strategic focus on capital optimization.
Despite challenges in organizational restructuring and capital requirements, the company is optimistic about revenue growth targets.
Investments in innovation and client relationships position Citigroup for future success in various business segments.
The company's commitment to efficiency and transparency underscores confidence in achieving long-term targets.

Citigroup reports record performance in 2023, outlines strategic priorities

Citigroup made strategic accomplishments in 2023 despite Q4 challenges, focusing on 2024 priorities.
The company is committed to transparency, accountability, and delivering results to shareholders.
Balancing near-term profitability improvements with future growth investments is a key focus for Citigroup.
Optimism in achieving long-term targets through expense reduction, revenue growth, and operational improvements.

Citigroup reports solid Q1 earnings, navigates challenges with strategic focus

Citigroup's Q1 earnings call showcased a mix of strong performance, strategic initiatives, challenges, and opportunities. The company's focus on cost management, revenue diversification, and enhancing client experience positions it well for future growth and profitability amidst a dynamic economic environment.

Citigroup reports robust Q3 earnings, eyes IPO readiness and compliance

Citigroup's Q3 performance showcased revenue growth, expense discipline, and progress in regulatory compliance, with a focus on optimizing shareholder value and market opportunities.
While facing challenges in Fixed Income revenues and regulatory reporting, the company aims to capitalize on opportunities in stock buybacks, IPO readiness, and client asset growth.
Overall, Citigroup's strategic initiatives position it well for sustained growth, profitability, and shareholder value creation, underpinned by a commitment to operational excellence and regulatory transparency.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Bank of America

JPMorgan Chase & Co

Wells Fargo

FDIC-Insured banks' (like JPM, BAC, C & WFC) Q2 earnings improve on higher rates, decent loan demand and efforts to bolster fee income. Yet, rising funding costs, poor asset quality and lower deposit balance remain headwinds.

FDIC-Insured Banks' Q2 Earnings Up on Higher NII, Deposits Fall

Berry Global Group

Berry Global Group Inc. BERY, -2.63% said Friday it hired Citigroup Global Markets and Wells Fargo Security as advisers as it evaluates strategic alternatives for its Health, Hygiene and Specialties (HH&S) unit. Berry Global said it's considering a sale, strategic partnership or joint venture, spin-off to shareholders, or other separation transaction for some or all of the HH&S business.

Berry Global hires Citi and Wells Fargo to review strategic alternatives for its health and hygiene business

Dominion Energy

Energy Transfer LP Unit

Lincoln National

Altria

Truist Financial

Verizon

Conservative investors are partying like it is 1999, as money market rates are at 4.5% and certificates of deposits are above the 5% level.

7 Perfectly Priced ‘Strong Buy' Dividend Blue Chip Stocks Yielding Up to 9.2%

AbbVie

Caterpillar

CVS Health

Citizens & Northern

General Dynamics

Kinder Morgan

National Grid

Norfolk Southern

Norwood Financial

Realty Income Corp

Healthpeak Properties

Premier Financial

Provident Financial Services

Procter & Gamble

Starbucks

AT&T

Texas Instruments

WestRock

We invest in dividend stocks to grow passive income and eventually cover monthly expenses for early retirement. We use a stock screener to find undervalued stocks with a strong payout ratio and a history of increasing dividends. In August, we received $1,097 in dividend income, with notable contributions from National Grid and Texas Instruments.

Bert's August 2023 Dividend Income Summary

M&T Bank

PNC Financial Services

Moody's downgraded 10 regional banks in August, including M&T Bank. The credit ratings firm cited several factors that could result in profitability pressures.

Why Citigroup, PNC Financial, and M&T Bank Stocks Fell in August

After a dismal August performance, investors are looking for clues as to how bank stocks like JPMorgan (JPM), Bank of America (BAC), Citigroup (C) and Wells Fargo (WFC) will fare this month as they navigate industry headwinds.

Banks Struggled in August: Will Scenario Change in September?

American Express

Chevron

Mondelez

The recent rally out of the August lows has gotten everybody fired up again. The Magnificent 7 continue to push the markets higher while many of the rest of the S&P 500 stocks tread water.

Sell the Rally as September Is the Worst Month for Stocks: 5 Warren Buffett Stocks to Move to Now

Goldman Sachs

Morgan Stanley

U.S. lenders are holding onto large piles of cash as insurance against a slowing economy, continuing deposit outflows and looming tougher liquidity rules that could particularly impact mid-sized banks.

Analysis: US banks hold $3.3 trillion cash amid banking crisis, slowdown worries

The Russian subsidiary of Citigroup Inc said on Monday that it will stop operating cash machines in the country, the last step in the winding up of the lender's retail business in Russia.

Citigroup's Russian subsidiary to halt ATMs in Russia by year end

SPDR S&P Regional Banking ETF

Financial Select Sector SPDR Fund

Bank stocks outpaced the broad market into positive territory on Friday as a healthy August jobs report sparked buying in the sector after a weak performance last month. The KBW Nasdaq Bank Index BKX, +1.27% rose by 1.2%, the Financial Select Sector SPDR ETF XLF, +0.80% rose 0.7% and the SPDR S&P Regional Banking ETF KRE, +1.48% rose 1.7%.

Bank stocks gain after jobs report in rebound from August losses

Citigroup (C) has been levied a $2.9 million civil penalty by SEC for violating record-keeping requirements.

Citigroup (C) Agrees to $2.9M Fine on Record-Keeping Violation

The Securities and Exchange Commission said late Tuesday it has settled cease-and-desist proceedings against Citigroup Inc.'s C, +0.97% broker-dealer unit Citigroup Global Markets Inc. “for willfully violating recordkeeping requirements” regarding expenses related to its underwriting business from 2009 through May 2019. “CGMI used an unsubstantiated and unverified method to calculate and record indirect expenses associated with its work as an underwriter,” the SEC said.

SEC fines Citi's investment arm $2.9 million in recordkeeping case

Citigroup (C) makes strategic investments in Peru's leading fintech for FX platform, Rextie, via its Institutional Strategic Investments arm.

Citigroup (C) Enters Latin America FX Space, Invests in Rextie

Ally Financial

Capital One

D.R. Horton

General Motors

Jefferies Financial Group Inc

Johnson & Johnson

Kraft Heinz

Coca-Cola

Louisiana-Pacific

Paramount Global

This Buffett holdings list from Kiplinger first appeared 8/21/23 online. Kiplinger, YCharts and Dogs of The Dow all track this Buffett/Berkshire batch. Here is your update from 8/22/23 YCharts. 32 of 48 current Berkshire Hathaway-owned stocks pay dividends. As of 8/22/23, the top-ten ranged 2.87%-5.02% by annual yield and 45 of 48 ranged -0.16%-57.71% per broker-estimated target-price-upsides. Analyst-augured top-ten net gains from Buffett's August dividend dogs ranged 19.12%-56.48% from CVX, COF, DHI, LPX, KHC, BAC, PARA, ALLY, C, and top pick GM per YCharts data.

The Buffett List: 6 Dividend Buys In August

Citigroup's stock (NYSE: C) has lost 9% YTD, as compared to the 14% rise in the S&P500 over the same period.

Citigroup Stock Is Trading Below Its Intrinsic Value

Citigroup (C) introduces Relationship Tiers, determined on the basis of Combined Average Monthly Balance of customers, to simplify retail banking process.

Citigroup (C) Launches Relationship Tiers, Simplifies Banking

Bank of Montreal

JPMorgan Chase & Co. JPM, +0.07% and three other banks on Thursday won an appeal in U.S. District Court for the Southern District of New York that held that a $1.78 billion leveraged loan extended in 2014 to urine testing company Millennium Laboratories does not fit the legal definition of a security. In a decision with positive implications for bank and private credit lenders, Circuit Judge Jose A.

Judge rules syndicated loan was not a security in victory for JPMorgan Chase and three other banks

A rise in NII, a diverse business model and streamlining of its operations internationally are likely to support Citigroup (C). However, escalating costs and muted non-interest income are headwinds.

Citigroup (C) Aided by NII, Streamlining Efforts Amid Cost Woes

NEW YORK--(BUSINESS WIRE)--Citi, a global leader in foreign exchange (FX) markets, has made a strategic investment in Rextie, Peru's leading fintech for FX services. The investment makes Rextie Latin America's first FX fintech to receive an investment from one of the largest banks in the world. Citi's cutting-edge FX technology will also be integrated into Rextie's currency exchange services. Through CitiFX Pulse and Instant Payments, Rextie's clients will experience a service that stands out f.

Citi Makes Strategic Investment in Rextie, Peru's Leading Fintech for FX Services

News for Citigroup Stock (C)