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

Citigroup stock is still undervalued relative to its financial sector peers. It underperformed its peers for many years. However, I gleaned that the tide is potentially turning. The bank has made plans for life after the Fed's unprecedented rate hikes, which could see more pressure over its NII growth. However, its astute positioning should mitigate the headwinds. Moreover, analysts have already penciled in QoQ declines in revenue before reversing in Q1'24.

Citigroup: Buy This Bargain Before It's Gone

Citigroup presents a unique investment opportunity with a mix of risk and potential reward due to its low price-to-earnings and price-to-book ratios. The appearance of an inverted head and shoulders pattern is indicative of a bullish trend, hinting at a potential robust market rally. Technical analysis shows potential for an upward trend in Citigroup's stock price, with a breakout above $52 possibly triggering a significant rally.

Citigroup: Buy The Breakout (Technical Analysis)

Citigroup Inc. C, +0.66% stock is up 0.2% in premarket trades on Friday in what could be the stock's 10th gain out of 12 sessions this month. On Wednesday, Citi CFO Mark A.

Citigroup stock headed for 10th gain Friday out of 12 sessions this month

Diageo

Kraft Heinz

Kroger

Procter & Gamble

If any investor has stood the test of time, it is Warren Buffett. For years, the “Oracle of Omaha” has had a rock-star-like presence in the investing world.

5 Warren Buffett Dividend Stocks to Grab Now Before Recession Cracks the Market

NEW YORK & BRISTOL, England--(BUSINESS WIRE)--Citi Treasury and Trade Solutions (TTS) and Pismo, the next-gen banking and payments software company, jointly announced their relationship in which Citi will use Pismo's technology platform to help strengthen Citi's corporate demand deposit accounts (DDA), to clients worldwide.

Citi TTS Selects Pismo to Enrich Global Demand Deposit Account Solutions

Amid a challenging macroeconomic scenario, Citigroup (C) expects trading and investment banking revenues to decline in the second quarter of 2023.

Citi (C) Q2 IB & Trading Revenues to Fall, Severance Costs Rise

Bank of America

Goldman Sachs

JPMorgan Chase & Co

Morgan Stanley

Wells Fargo

Bank of America Corp. BAC, Citigroup Inc. C and Wells Fargo & Co. WFC reported drops in uninsured deposits as of March 31 as part of an overall sequential decline of 7.8% or $597.49 billion in uninsured deposits by all U.S. banks as of the end of the first quarter, S&P Global Inc. said in a research note published Thursday. JPMorgan Chase & Co. JPM reported a 1.9% increase in uninsured deposits.

Banks report the largest-ever quarterly sequential drop in uninsured deposits in Q1: S&P

Banks are undervalued right now, but picking the winners is a challenge, given the uncertain environment. Bank exchange-traded funds, like the SPDR S&P 500 Bank ETF, offer broad exposure to the industry.

You Don't Have to Pick a Winner Among Banks. Here's Why.

Citigroup Inc. C Chief Financial Officer Mark Mason said Wednesday that the bank's markets revenue was down 20% so far in the second quarter, but added that the company wasn't changing its full-year outlook. Mason said that Citigroup continued “to have very good corporate engagement, corporate dialogue,” but added that “the debt ceiling concerns certainly did weigh on the investor client base in particular in April and May.

Citigroup says Q2 markets revenue is down 20%, as debt-ceiling drama spooked investors

Citi is resuming share buybacks, which should spark upside, with plans to IPO Banamex in 2025. The balance sheet is in good shape amid industry bankruptcies ~ Citi gained deposit share, has little HTM losses, and carries tons of high-quality liquid assets. This article will analyze why Citi trades at a discount to peers.

Citigroup: Buybacks Spark Upside

Citigroup Inc. (NYSE:C.PK ) Morgan Stanley US Financials, Payments & CRE Conference Call June 14, 2023 2:30 PM ET Company Participants Mark Mason - Chief Financial Officer Conference Call Participants Betsy Graseck - Morgan Stanley Betsy Graseck Thanks, everybody, for joining us. I do have a disclosure to read.

Citigroup Inc. (C) Morgan Stanley US Financials, Payments & CRE Conference - (Transcript)

Citigroup Inc in the second quarter will book severance costs associated with around 1,600 job cuts, Chief Financial Officer Mark Mason said on Wednesday.

Citi CFO says 1,600 job cuts will boost second-quarter expenses

SPDR S&P Regional Banking ETF

Financial Select Sector SPDR Fund

Bank stocks moved mostly lower in mixed trading on Wednesday after the U.S. Federal Reserve left interest rates unchanged as expected, but stressed that another 50 basis points of rate hikes are on the table this year. JPMorgan Chase & Co JPM is down 0.5%, lower than is 0.2% drop prior to the Fed's move.

Bank stocks move lower after Fed eyes more rate hikes after June pause

NEW YORK--(BUSINESS WIRE)--Citi's Issuer Services, acting through Citibank, N.A., has been appointed by Kunshan Dongwei Technology Co., Ltd. (“Dongwei”), a global leading electroplating equipment manufacturer mainly engaged in the research and development, design, production and sales of high-end precision electroplating equipment and its supporting equipment, to act as Depositary Bank for its Global Depositary Receipt (“GDR”) Program. Dongwei's GDR Program was established in connection with a.

Citi Appointed as Depositary Bank for the GDR Program of Kunshan Dongwei Technology Co., Ltd.

A lot of uncertainty continues to hang over bank stocks. Analysts and investors remain divided over whether the bank failures that occurred in March and April of this year are behind us, or if there could be more trouble ahead for the sector.

3 Bank Stocks Ready for a Big Comeback

In response to the slump in dealmaking, Citigroup (C) follows its peers to navigate industry headwinds by resorting to another round of layoffs in its IB and corporate banking divisions in London.

Citigroup (C) to Slash Jobs in Its IB Division Amid Slump

Citigroup (C) makes staffing reductions by taking down its corporate bond trading team in Latin America and the CitiFX global FX strategy.

Citi (C) Dissolves FX Strategy & Corporate Bond Trading Team

NEW YORK--(BUSINESS WIRE)--Citi Global Wealth Investments today released its Mid-Year Wealth Outlook 2023 report - Opportunities on the Horizon: Investing Through a Slowing Economy. This biannual report sets out Citi Global Wealth's outlook on how investors should approach developments in the global economy, markets and geopolitics. Though 2023 has been full of extraordinary events, Citi Global Wealth sees the remainder of the year as an opportunity. We are in a “rolling recession” where parts.

Citi Global Wealth Investments Issues Mid-Year Wealth Outlook 2023 - Opportunities on the Horizon: Investing Through a Slowing Economy

Comerica

KeyCorp

U.S. regional banks, including BAC, C, WFC, KEY and CMA, rally on optimistic investor sentiments as market participants expect no further increase in interest rate hikes.

Regional Bank Stocks Rebound on Expected Pause in Rate Hikes

NEW YORK & SANTIAGO, Chile--(BUSINESS WIRE)--Depósito Central de Valores and Citi Securities Services jointly announced today that Citi has been appointed as custodian of international securities for Depósito Central de Valores (DCV), the central securities depositary (CSD) for Chilean securities. The transition of the assets successfully went live on May 26th, broadening the existing relationship between Citi and DCV. Through Citi's extensive global network spanning more than 100 markets, DCV.

Citi Appointed Global Custodian for Depósito Central de Valores, the Central Securities Depositary for Chilean Securities

AbbVie

Caterpillar

CVS Health

Citizens & Northern

General Dynamics

Haleon PLC

Kinder Morgan

Norfolk Southern

Norwood Financial

Realty Income Corp

Healthpeak Properties

Premier Financial

Provident Financial Services

Starbucks

AT&T

Texas Instruments

Verizon

WestRock

The author's May dividend income reached $883, a 20.25% increase compared to May 2022. Banks contributed 22.4% of the May dividend income, with a total of $198.05. The AT&T dividend cut in 2021 still impacts the author's dividend income, preventing them from crossing the $1,000 mark.

Bert's May 2023 Dividend Income Summary

Citigroup's (C) efforts to divest its consumer banking business internationally and diversifying revenue sources are likely to support financials. However, high costs and legal hassles are concerning.

Citigroup's (C) Streamlining Effort Aids Amid Cost Woes

Shares of major U.S. banks and regional lenders outperformed broader markets in morning trading on Tuesday with the KBW Regional Banking index hitting its highest since late April.

US bank stocks rebound, regional banking index hits 6-week high

PacWest Bancorp

Western Alliance Bancorporation

Shares of U.S. banks fell on Monday with some investors pointing to worries that a flood of Treasury bill issuance following the raising of the U.S. debt ceiling would drain liquidity from lenders.

US bank shares fall after Treasury debt issuance, proposed new capital requirements

The Journal said that the precise amount of capital requirements will depend on the bank's business, with US megabanks with big trading businesses expected to face the largest increases.

News for Citigroup Stock (C)