Data for Citigroup | C - EPS Earnings Per Share including historical, tables and charts were last updated by Trading Economics this last July in 2024. (ET) on the following dates: Note: ICG: Institutional Clients Group. Today's call will be hosted by Jenn Landis, Head of Citi Investor Relations. Apr 14, 2022 · Citigroup Inc. 13. 4 billion for the second quarter 2023. Asia(2) 13 - 14 The financial impact of this adjustment is reflected Jul 14, 2023 · The bank's net income tumbled 36% to $2. 2021 was a year when Citi reaffirmed its vital place in the world. Critical talking points suggest Citigroup might Citigroup net income of $3. 44 billion vs. Citigroup's Jul 15, 2022 · Citigroup (C 0. Apr 15, 2021 · Fraser, reporting results for the first time at the helm of the country's third-biggest bank, wasted no time making changes to the firm's sprawling operations. 58 per share, compared with the FactSet consensus prediction of $1. Earnings per share decreased 44%, reflecting the decrease in net income, partially offset by a 6% decline in shares outstanding. Citi Second Quarter 2024 Earnings Call June 26, 2024 New York — Citigroup will issue its second quarter results via press release at approximately 8 a. 6 billion vs. Frankly, coming into Q1 ’24 earnings, the banking and earnings before taxes ($(92) million after-tax), primarily driven by separation costs related to Mexico and severance costs in Asia exit markets, which were both recorded in Legacy Franchises. In the last quarter Citigroup reported $1. 33 per diluted share, on revenues of $19. Jan 16, 2023 · Citigroup Inc. (ET) on Friday, January 13, 2023. 52(5). today reported net income for the second quarter 2024 of $3. 6 billion in the second quarter 2022 increased 11%, driven by increased rates, client activity in Markets and continued momentum in the U. 52 per diluted share, on revenues of $20. 74. 10 in the year-ago quarter. Here's how they did. 3% in the prior quarter, largely reflecting the benefits of net income, closing of exit markets, and the optimization of risk-weighted assets (RWA). Contents: Prepared Remarks; Questions and Answers; Call Participants; Prepared Remarks: Operator. TTS: Treasury and Trade Solutions. 39. Jan 13, 2023 · Contacts. This thing looks like a college textbook. Citigroup Inc (NYSE: C) reported a second-quarter fiscal 2024 revenue growth of 4% year We would like to show you a description here but the site won’t allow us. Jul 1, 2022 · Citi Second Quarter 2022 Earnings Review July 01, 2022 New York – Citigroup will issue its second quarter results via press release at approximately 8 a. 52 in EPS Earnings Per Share for its fiscal quarter ending in June of 2024. 8b (flat on 2Q 2023). An incremental $251 million FDIC special assessment Citigroup (C) will release its next earnings report on Oct 15, 2024. revenues. 33 in the year-ago quarter. Since then, I have Citi’s Value Proposition benefited from the career opportunities that come with being at a global bank and have worked across the world. 9% versus 11. 8% versus 5. 33 per share, in the three months to June 30. EPS came in at $0. 4% in the third quarter 2021. 0 billion to common shareholders in the form of dividends. 92. 59 billion figure or $1. Jun 21, 2023 · Citi Second Quarter 2023 Earnings Review June 21, 2023 New York — Citigroup will issue its second quarter results via press release at approximately 8 a. 7% on a year Jul 14, 2023 · Earnings per share: $1. com Created Date: 9/6/2023 4:08:08 PM Citigroup (NYSE:C) stock gained 2. (ET) on Friday, October 13, 2023. 30. ’s C fourth-quarter 2022 earnings per share (excluding divestiture-related impacts) of $1. 6%, unchanged from the prior quarter. Jul 13, 2024 · Citigroup on Friday morning reported second-quarter earnings per share of $1. All footnotes are presented on Slide 34. Fourth Quarter and Apr 12, 2024 · Net income was also a beat. Learn more today. 1% over the same period last year. Citigroup’s effective tax rate was 20. Looking ahead, revenue is forecast to grow 6. 50, excluding divestiture-related impacts(5). 2 days ago · C: Citigroup Detailed Earnings Estimate. Citigroup’s investment portfolio and changes in deferred tax assets. 08 far exceeded Refinitiv estimates of $1. First Quarter Key Highlights Revenues 1Q23 $21. Revenue was in line with analyst estimates. 08 to $1. citigroup. (1) EPS Letter to Shareholders. At quarter end, Citigroup’s CET1 capital ratio was 13. Excluding these divestiture-related impacts, earnings per share was $1. 6 billion at quarter end, compared to $16. Citi strives to create the best outcomes for our clients and customers with financial solutions that are simple, creative and responsible. divestiture-related impacts, earnings per share was $1. The profit was weighed down by higher costs for layoffs and increased provisions for credit 2 days ago · No-moat-rated Citigroup reported middling second-quarter results with earnings per share of $1. 399 EPS in relation to $1. 3 billion to common shareholders in the form of dividends and repurchases. 7% versus 5. cards businesses, partially offset by a slowdown in Investment Banking activity as well as investment fee headwinds in Global Wealth Management. PRESS RELEASE. 19 per share, last Jul 8, 2024 · Citigroup Inc. 67%, compared to $16. At 11 a. Apr 12, 2024 · Citigroup posted first-quarter revenue that topped estimates, helped by better-than-expected results in the bank's investment banking and trading operations. 2 billion decreased 2%, as This is the 2020 Citi Annual Report. 0. today reported net income for the second We would like to show you a description here but the site won’t allow us. S. 57 diluted earnings per share) and currently has a price-to-earnings ratio of 18. (6) Citi's binding CET1 Capital and Tier 1 Capital ratios were derived under the Basel III Standardized Approach, whereas Citi's binding Total Capital ratios were derived under the Basel III Advanced Approaches framework for all periods presented. By . 3 billion Citigroup Earnings: Continued Expense Diligence Will Be Key for Turnaround to Succeed . 37(5). Citigroup’s effective tax rate was 18% versus 23% in the prior-year period, reflecting the resolution of certain tax audit items. 17, 2024 8:00 PM ET Citigroup Inc. Institutional Clients Group Citigroup (C 3. 02 billion, according to FactSet. Oct 13, 2023 · Citigroup’s effective tax rate increased to approximately 25% in the current quarter versus 20% in the third quarter 2022, primarily driven by a different geographic mix of pre-tax earnings in the current quarter. Citigroup (NYSE:C) recently released their annual report and it was 313 pages long. 0 Apr 12, 2024 · Citigroup C reported better-than-expected first-quarter earnings at $1. 6% in the second quarter 2022. 8% p. 5 billion at quarter end, with a reserve-to-funded loans ratio of 2. Reported net income for the first quarter 2024 was $3. Jan 12, 2024 · For the quarter ended December 2023, Citigroup (C) reported revenue of $17. NII: Net Interest Income. Hello and welcome to Citi's Jul 18, 2024 · JPMorgan And Citigroup Earnings Summaries: Like Both, But Citigroup Is A Cheaper, Longer-Term Play Jul. ’s C first-quarter 2023 earnings per share (excluding divestiture-related impacts) of $1. (C) stock analyst estimates, including earnings and revenue, EPS, upgrades and downgrades. 84 to $7. Get the latest Detailed Estimate from Zacks Investment Research. $1. Home / Oct 14, 2022 · Third Quarter Financial Results. 58 surpassed the Zacks Consensus Estimate of $1. 9% in Friday premarket trading as Q2 earnings topped Wall Street expectations, with expenses declining from both the previous quarter and a year ago. 1Q22 7% / (19)% ex-div. 14 per share a year ago, while full-year revenue of $75. Citigroup Earnings Top Forecasts but Results Weighed Down by Slower Deal Making. See many years of revenue, expenses and profits or losses. a. 57 earnings per share over the last year ($3. Analysts expect the bank to report earnings Jul 15, 2022 · As discussed in footnote 2 on page 1, Citi's third quarter of 2021 results include an approximate $680 million loss on sale (an approximate $580 million after-tax), related to Citi's agreement to sell its Australia consumer banking business. Citigroup On February 26, 2021, 11 - 12 earnings per diluted share from $2. Jan 12, 2024 · Citigroup (C) reports Q4 earnings: adjusted EPS exceeds estimates, revenue tops consensus, net credit losses decline. Wall Street was looking for $20. 10 have lagged the Zacks Consensus Estimate of $1. This compares to divestiture-related impacts in the second quarter 2022 Dec 20, 2023 · Citi Fourth Quarter 2023 Earnings Call December 20, 2023 NEW YORK — Citigroup will issue its fourth quarter results via press release at approximately 8 a. 8 billion. 55%) Q4 2023 Earnings Call Jan 12, 2024, 12:00 p. $19. 0: $32. This compares to net income of $2. Citigroup Citigroup revenues of $18. EPS: Earnings per Share. 33 vs. Additional financial, statistical, Apr 14, 2023 · Citigroup Inc. (ET) on Friday, October 14, 2022. Citi Announces 2024 Services Investor Day. Citigroup’s Supplementary Leverage ratio for the third quarter 2022 was 5. Revenues increased 4% from the prior-year Oct 14, 2022 · CEO Jane Fraser is trying to turn around the massive bank during a volatile period for markets and the global economy. 52 a share We would like to show you a description here but the site won’t allow us. 52, topping analysts’ per-share estimates of $1. 44 billion, down 3. 70 TANGIBLE BOOK VALUE PER SHARE OF $87. 84, compared to $1. In 2018, I took on the role of leading Citi’s franchise in Ukraine and have had the pleasure of Jul 12, 2024 · Citigroup on Friday posted second-quarter results that topped expectations for profit and revenue on a rebound in Wall Street activity. (1) Net Income 1Q23 $4. 0 BILLION IN THE FORM OF COMMON DIVIDENDS PAYOUT RATIO OF 34%(3) BOOK VALUE PER SHARE OF $99. Earnings for Citigroup are expected to grow by 21. (NYSE:C) Q4 2022 Earnings Call Transcript January 13, 2023 Operator: Hello and welcome to Citi’s Fourth Quarter 2022 Earnings Review with the Chief Executive Officer, Jane Fraser Oct 14, 2022 · Citigroup's (C) Q3 earnings are driven by the Personal Banking and Wealth Management segment's strong revenues. Excluding the gain on sale of the Philippines consumer business in the quarter and the loss on sale of the Australia consumer business in the prior-year period, revenues were down 1%, as the impact of higher interest rates across businesses and strong loan growth in PBWM were We would like to show you a description here but the site won’t allow us. on We would like to show you a description here but the site won’t allow us. Jan 13, 2023 · Citigroup reported fourth-quarter earnings on Friday. More than 20 years ago, I started at Citi as a market risk analyst in New York City. Citigroup’s Supplementary Leverage ratio for the fourth quarter 2022 was 5. Citi, the leading global bank, serves more than 200 million customer accounts and does business in more than 160 countries and jurisdictions. 1 billion. As COVID-19 barreled along an unpredictable path, Citi continued to help clients and customers navigate the impacts of economic lockdowns, inflationary pressures and supply chain disruptions and access the short- and long-term liquidity they've needed to manage through the pandemic. Citigroup Inc. (NYSE: C) July 12, 2024 SECOND QUARTER 2024 RESULTS AND KEY METRICS RETURNED ~$1. Apr 12, 2024 · Citigroup Inc. com/citi/investor. Citi is the leading global bank. At quarter end, Citigroup's CET1 Capital ratio was 11. 0: $33. NIR: Non-Interest Revenue. 4 billion, or $1. Earnings per share (EPS) surpassed analyst estimates by 8. The loss primarily reflects the impact of an approximate $625 million ($475 million (after-tax common dividends. 5 billion in the third quarter 2022 decreased 25% from the prior-year period, primarily driven by the higher cost of credit and the higher expenses, partially offset by the increase in revenues. 5 billion in the third quarter 2022 increased 6%. The bank's stock has shown moderate gains since our latest coverage. This compares to divestiture-related impacts in the third quarter 2022 of $519 million(5) in earnings before taxes ($256 million after-tax), also recorded in Legacy Franchises, and earnings per share of $1. However, the metric declined 28% from the year-ago Apr 14, 2023 · Growth in personal banking and fixed income markets helped drive the revenue beat. com. 58 per share. ’s C first-quarter 2024 net income from continuing operations per share of $1. Net income CITIGROUP -- QUARTERLY FINANCIAL DATA SUPPLEMENT 2Q23 Page Citigroup Financial Summary 1 Consolidated Statement of Income 2 Consolidated Balance Sheet 3 Operating Segment and Reporting Unit - Net Revenues and Income 4 Institutional Clients Group (ICG) 5 Reporting Unit Revenues 6 Personal Banking and Wealth Management (PBWM) 7 Metrics 8 Legacy Jul 14, 2023 · Citigroup’s effective tax rate increased to approximately 27% in the current quarter versus 20% in the second quarter 2022, largely driven by the geographic mix of earnings. Title: Second Quarter 2023 Earnings Results Presentation Author: ds10912@citi. Sep 26, 2022 · New York — Citigroup will issue its third quarter results via press release at approximately 8 a. 53(4) New York, July 12, 2024 Citigroup Inc. Citigroup is a global financial-services company doing business in more than 100 countries and jurisdictions Letter to Shareholders. Revenue rose 17% year-over-year to $43. 52 expected by the market. 0% versus 12. 18. C stock quote prices, financial information, real-time forecasts, and company news from CNN. 2 billion; analysts had fore Sep 27, 2023 · Citi Third Quarter 2023 Earnings Call September 27, 2023 NEW YORK — Citigroup will issue its third quarter results via press release at approximately 8 a. Apr 14, 2022 · Citigroup topped first-quarter profit and revenue estimates helped by better-than-expected trading results. Citigroup Citigroup revenues of $19. (ET) on Friday, January 12, 2024. Revenue: $19. 29 billion. 66. Citigroup's SLR for the second quarter 2022 was 5. posted its first-quarter earnings Friday, boosted by higher interest rates. Share. 92 billion, or $1. 2020 2019 2018; Global Consumer Banking Net Revenues: $30. 40% in the coming year, from $5. (C) Stock , JPM Stock , CITI:CA Stock , JPM:CA Stock 22 Jul 14, 2024 · Citigroup EPS Beats Expectations. Jan 12, 2023 · For the full year, earnings are projected to be $7. 45 billion. GAAP EPS of $1. 14 billion, beating the analyst consensus estimate of $20. (ET) on Friday, July 12, 2024. Hello and welcome to Citi's Jul 12, 2024 · New York, July 12, 2024 Citigroup Inc. Media: Danielle Romero-Apsilos (212) 816-2264 Investors: Jennifer Landis (212) 559-2718 See Citigroup Inc. Updated July 14, 2023, 8:33 am EDT / Original July 13, 2023, 8:10 am EDT. (ET) on Friday, July 15, 2022. Citigroup (NYSE:C) stock gained 1. Citi Fourth Quarter 2022 Earnings Review May 11, 2022 New York – Citigroup will issue its fourth quarter 2022 financial results via press release at approximately 8 a. High costs and lower revenues in the investment banking business act as spoilsports. March 21, 2024. What to Watch by TipRanks Jul 11 7:17am ET Citigroup (C) Q2 Earnings Preview: Jan 13, 2023 · Citigroup Inc. Citigroup Q2 Earnings: Personal Banking Growth, Profit Growth, In-line Outlook And More. Oct 14, 2022 · Please view Citi’s third quarter 2022 earnings press release on its website http://www. 40 Jul 12, 2024 · Citigroup Inc (NYSE:C) reported a second-quarter fiscal 2024 revenue growth of 4% year-over-year to $20. 0% in the current quarter versus 20. ET. During the quarter, Citigroup returned a total of $1. Citi repurchased $500 million worth of shares in the first quarter Apr 14, 2023 · Citigroup Inc. 33 per share, from $4. Common Stock (C) including earnings per share, earnings forecasts at Nasdaq. See Citigroup Inc. For the composition of Citi's CET1 Capital and ratio, see page 18. is set to release its second-quarter earnings report on July 12. 1% in Friday premarket trading after the bank's GAAP earnings beat the average analyst estimate as the bank's personal banking, commercial banking, markets, and Jul 12, 2024 · In this article: C. Apr 10, 2024 · Ceri Breeze. (ET), results will be reviewed via live webcast and teleconference. 17 EPS, analysts had expected. 52 compared with $1. Detailed annual and quarterly income statement for Citigroup (C). 39%) Q2 2022 Earnings Call Jul 15, 2022, 11:00 a. Jul 14, 2024 · Citigroup ( NYSE:C ) Second Quarter 2024 Results Key Financial Results Revenue: US$17. Carleton English. m. 86 have outpaced the Zacks Consensus Estimate of $1. Citigroup revenues of $19. 05 per share, down from $10. 9 billion, or $1. We would like to show you a description here but the site won’t allow us. Media: Danielle Romero-Apsilos (212) 816-2264 Investors: Jennifer Landis (212) 559-2718 Jul 9, 2024 · On April 12, Citigroup reported a 28% decrease in earnings to $1. 09 per share. Jul 15, 2022 · Contacts. View Citigroup Inc. 5 billion, or $2. March 05, 2024. 1Q22 12% / 6% ex-div. ’s C first-quarter 2022 earnings per share of $2. 1 day ago · Citigroup has generated $3. 4 billion vs. Our estimate for earnings was $1. . It expects 2024 revenue to increase to $80B-$81B. 52 beat Jul 14, 2021 · While Citi topped expectations for revenue, the figure declined 12% from a year earlier. Citigroup’s total allowance for credit losses on loans was approximately $17. Find annual and quearterly earnings data for Citigroup, Inc. Citi First Quarter, Second Quarter, Third Quarter and Fourth Quarter 2023 Earnings Reviews September 19, 2022 New York – Citigroup will issue its financial results via press release at approximately 8 a. Jan 15, 2021 · Citigroup's earnings per share of $2. 7% in the prior quarter. Here’s what the company reported: Earnings: $1. (ET) on Friday, July 14, 2023. 1%. 5% year over year. Q2 2024 Earnings Citi First Quarter 2024 Earnings Call. 14 billion would rise 4. Citigroup’s net income fell 36% to $2. Jul 15, 2022 · Second Quarter Financial Results. 2 billion, or $1. 3: Institutional Clients Group Net Revenues Citigroup reported $1. The figure declined 44. It reported profits of $3. 4% in the prior quarter. Jan 12, 2024 · Citigroup (C-1. 07 billion. Hello and welcome to Citi's Apr 15, 2024 · Citigroup reports earnings on Friday, and investors will be looking for tangible proof that CEO Jane Fraser’s turnaround strategy is bearing fruit. However, the reported figure declined 44% from the prior-year quarter. Revenue rose 12% to $21. 27%) Q4 2023 Earnings Call Jan 12, 2024, 12:00 p. 58 earnings per diluted share, versus the $2. Jane Fraser, Citi Chief Executive Officer Mark Mason, Citi Chief Financial Officer _____ PRESENTATION OPERATOR: Hello, and welcome to Citi's Second Quarter 2022 Earnings Review with Chief Executive Officer, Jane Fraser; and Chief Financial Officer, Mark Mason. 34. 02 have handily outpaced the Zacks Consensus Estimate of $1. lt qj rl jg zi kp cx rs qi em