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

Goldman Sachs

JPMorgan Chase & Co

Morgan Stanley

Wells Fargo

Bank stocks fell with the broad market in early trades on Monday, as Wall Street absorbed the impact of bearish Consumer Price Index data. JPMorgan Chase & Co. JPM, -1.97% fell 2.1%, Goldman Sachs Group Inc. GS, -2.28% dropped 2.2%, Citigroup Inc. C, -1.69% subtracted 2% and Wells Fargo & Co. WFC, -3.21% gave up 3.1%.

Bank stocks move into the red after CPI data

The outflows will fuel a debate about how the Fed's inflation-calming moves are going to play out in the banking system.

U.S. Banks Lost a Record $370 Billion in Deposits Last Quarter

A U.S. appeals court recently ruled in Citigroup's favor in a big case for the bank.

Citigroup Catches a $500 Million Break -- Can the Stock Finally Turn It Around?

Citi's Basel III framework is safe as houses. Earnings and a risk-off pivot could see the firm improve its risk/return profile.

Citigroup: Cautious Buy Rating Assigned

Ally Financial

Warren Buffett's company Berkshire Hathaway has invested in some stocks this year trading at rock-bottom valuations.

Warren Buffett Is Piling Into These 2 Beaten-Down Stocks

Celanese

Chevron

DaVita

General Motors

Occidental Petroleum

U.S. Bancorp

These Berkshire Hathaway holdings sport forward-year price-to-earnings (P/E) ratios of 4.8 to 9.2.

The 10 Cheapest Warren Buffett Stocks

Rise in provisions and an increase in expenses hurt FDIC-insured banks' Q2 earnings. Yet, major banks like JPMorgan (JPM), Bank of America (BAC), Citigroup (C) & Wells Fargo (WFC) get support from the higher rates and decent loan demand.

FDIC-Insured Banks' Q2 Earnings Dip on High Provisions, NIM Up

Revlon

A U.S. appeals court on Thursday ruled in favor of Citigroup Inc in the bank's effort to recoup about $500 million of its own money that it accidentally wired Revlon Inc lenders.

Citigroup wins appeal over mistaken Revlon wire transfer

U.S. banks reported $64.4 billion in profits in the second quarter of 2022, as higher net interest income offset growing reserves to guard against loan losses, the Federal Deposit Insurance Corporation said Thursday.

U.S. bank profits climb 7.8% on higher interest income - FDIC

Citigroup has hired Derek McNulty as head of North America chemicals investment banking in the Wall Street giant's banking, capital markets and advisory (BCMA) unit, according to an internal memo seen by Reuters on Wednesday.

Citi names Derek McNulty head of N.America chemicals investment banking at BCMA unit

Citigroup Inc. C, -0.73% is cutting a "small number" of staff within its mortgage team due to internal streamlining of functions, a spokesperson for the bank said in an email to MarketWatch, to confirm press reports. "The decision to eliminate even a single colleague role is very difficult, especially during these challenging times and we are doing our best to support each individual by helping them to find new employment opportunities within Citi or outside the firm," the email from the Citi spokesperson said.

Citi confirms 'small number' of staffing reductions in mortgage unit

NEW YORK--(BUSINESS WIRE)--Citi Private Bank today released The Future of Family Enterprise: Turbulence and Transformation in the 2020s, a report that's the result of a year-long study in collaboration with the research and education division of Cambridge Family Enterprise Group (CFEG). Two-thirds of families surveyed for the report say they are moderately to extremely concerned about turbulence ahead, including how it will impact the next generation of leaders. This report examines those major

Citi Private Bank and Cambridge Family Enterprise Group Offer a Roadmap for Family Enterprises to Navigate Through the Turbulent 2020s

Citigroup is close to signing a new deal which would move its European headquarters to a new locale in Dublin, after its old waterfront office address was put on the market in March.

Citi Could Sign $100M Dublin Office Deal After Selling Old Address

LONDON--(BUSINESS WIRE)--Citi has launched its 10th annual e for education campaign, an initiative that helps raise awareness and funds for education-focused non-profit organisations that tackle childhood illiteracy and improve access to quality education. Citi Markets will donate a percentage of electronically traded business proceeds between 5th September and 31st October 2022. “We are proud to watch e for education grow over the years to support 13 non-profit organisations, whose operations

Citi Launches 10th Annual e for education Campaign

Judgment Day has arrived over whether workers at the major Wall Street firms will heed edicts to return to the office five days a week after the Labor Day weekend.

Judgment Day on Wall Street: Banks pressure workers to return full time as summer recedes

Citigroup will be launching two pilot programs under the Office of the Comptroller of the Currency's Project REACh, or Roundtable for Economic Access and Change, to help underserved communities get more access to credit.

Citigroup to Launch Financial Inclusion Initiatives Under OCC's Project REACh

Citigroup Inc on Friday said it has slightly trimmed its mortgage workforce, due to an internal streamlining of functions.

Citigroup makes small cuts in mortgage workforce as housing market cools

Citigroup dips back below $50 with positive interest rate tailwinds providing a long-term boost to NII. The large financial still isn't facing major credit risks with credit card delinquencies remaining stable.

Citigroup: Bargain Bin Again

Despite challenging macro and geopolitical environments, Citigroup's ROE increased by 70 bps QoQ. The company's efficiency ratio increased from 63.37 in 4Q 2021 to 70.71% in 2Q 2022.

Citigroup: More Than 30% Upside Potential

NEW YORK--(BUSINESS WIRE)--Citi has been recognized by The Banker as the Best Global Cash Management Bank, and Best Bank for Transaction Services in the Asia-Pacific region for its 2022 Transaction Banking Awards. This recognition comes as Citi Treasury and Trade Solutions (TTS) continues to invest in its platform, talent and services to help its clients -- many of the world's largest companies and emerging fintechs -- to achieve their growth ambitions. “We are honored to have our efforts to en

Citi is The Banker's Best Global Cash Management Bank for 2022

Even after the Berkshire bump, Citigroup has been unable to regain a reasonable portion of its declined value in 2022. Citigroup trades at -47.23% of its book value and -39.3% of its tangible book value, indicating its significantly undervalued.

Citigroup: Could Be Undervalued By At Least 64.65% And Pays A 4.16% Dividend Yield

Citigroup reported better-than-expected results for Q2, but the competitiveness of the core U.S. banking operations is still in question as competition intensifies in areas like cards. Citi is winding down its consumer and commercial lending operations in Russia, and the sale of its Mexican subsidiary could be compromised by government mandates concerning local ownership and employment.

Citigroup - A Little Post-Earnings Bump, But A Lot Of Work Still To Do

The company is cheap based on its capital allocation, earnings and stock chart. All 3 metrics point toward double-digit returns from current valuations.

Citigroup: Undervalued With High Chance Of Double-Digit Returns

Citigroup's underlying metrics remain robust as the bank continues to benefit from the heightened interest rate environment, given its exposure. We are confident that investment banking and wealth management should improve further, given our assessment of the broad market bottom in July.

News for Citigroup Stock (C)