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

It seems almost unfathomable that there was time — and not that long ago — that Citigroup was the model financial services firm.

Citigroup CEO Jane Fraser has chance to pull off the restructure of the century, bring banking empire back to its former glory

Bank of America

JPMorgan Chase & Co

Wells Fargo

The FDIC-Insured banks' (like JPM, BAC, C & WFC) Q4 earnings are hurt by rising funding costs, an increase in non-interest expenses and poor asset quality. Yet, higher rates, changing revenue mix and decent loan demand offer some support.

FDIC-Insured Banks' Q4 Earnings Down on Non-Recurring Charge

BB Seguridade Participacoes SA

Bayerische Motoren Werke AG

Bank of Nova Scotia

CVS Health

Enterprise Products Partners

Coca-Cola

Altria

MPLX

Realty Income Corp

Verizon

Investing in high dividend yield companies comes attached to numerous advantages for investors, such as the generation of extra income, the reduction of portfolio volatility and protection against inflation.

Yields Of Up To 9%: My Top 10 High Dividend Yield Companies For March 2024

Goldman Sachs

Morgan Stanley

The U.S. banking sector saw its profits drop by nearly half in the last quarter of 2024, as large firms began paying hefty fees to help recoup costs incurred by several bank failures last spring, the Federal Deposit Insurance Corporation reported Thursday.

U.S. bank profits drop 44% in Q4 as big firms cover failed bank costs

There's a federal rule proposal that would require banks to have a bigger cushion to protect against losses so they don't go bankrupt. Banks with more than $100 billion in assets would see their capital requirements go up by a hefty amount, 16%, under the proposal.

Trade group claims 97% of the public have a view on bank capital rules. Here's its justification.

Citigroup (C) expects investment banking fees to sequentially improve in the low-teens range in the first quarter of 2024. However, market revenues are expected to reduce by 8%-12% in the first quarter.

Citigroup (C) Expects Higher IB Fees in Q1, Lower Market Revenues

As part of its efforts to tap into the growing wealth in Asia, Citi (C) plans to expand its wealth management business in the region from its base in Hong Kong.

Citi (C) Plans to Grow Asia Wealth Business From Hong Kong Base

Citigroup expects investment banking fees to rise by a low-teens percentage in the first quarter versus the fourth quarter of 2023, CEO Jane Fraser told investors on Tuesday at a conference in New York.

Citigroup CEO sees rising fees in investment banking, weaker markets revenue

Four of the biggest U.S. banks including the country's biggest JPMorgan are no longer signatories to the Equator Principles, an industry benchmark for assessing environmental and social risks in project-related finance, its website showed.

JPMorgan, Citi, Wells, BoA are no longer signatories to the Equator Principles, website shows

Major European banks have been cutting their lending to commercial property and have half the exposure of their U.S. peers, making U.S. lenders more vulnerable as office prices plunge further, Morgan Stanley said on Tuesday.

US banks far more exposed than Europeans to property crunch, says Morgan Stanley

Citigroup (C) closed at $56.14 in the latest trading session, marking a +0.97% move from the prior day.

Citigroup (C) Advances While Market Declines: Some Information for Investors

Citigroup (C) is planning to cut 286 positions across three units in New York to reduce costs.

Citigroup (C) Seeks 286 Job Cuts of New York-Based Employees

Atlanta Braves Holdings Inc

Nu Holdings

Historically, Warren Buffett has focused on high-performance, well-established American banking, insurance and staples stocks. Often buying names that pay investors significant dividends.

Buffett's Hidden Gems: 3 Top Stocks to Snag in Q1

Citi is cutting nearly 300 positions across three different units in New York as it continues its sweeping layoff effort to save between $2 billion and $2.5 billion in costs.

Citigroup to cut nearly 300 jobs amid layoff spree

A surge in equity capital markets and debt market activity is boosting investment banking revenue growth at the big five Wall Street banks past analyst estimates for the first quarter, analysts at Jefferies said Thursday.

Wall Street's biggest banks are beating investment-banking revenue estimates

Citigroup will lay off 286 employees in New York, according to a filing to the State Department of Labor.

Citigroup to layoff 286 employees in New York, filing shows

Chevron

Hess

Jefferies Financial Group Inc

Kraft Heinz

Led by Coca-Cola, one of the world's most valuable and recognizable brands, the Company's portfolio features 20 billion-dollar brands, including: Diet Coke Fanta Sprite Coca-Cola Zero Vitaminwater Powerade Minute Maid Simply Georgia Del Valle Globally, they are the No.

The 6 Highest Yielding Warren Buffet Stocks Have Serious Upside Potential

NEW YORK--(BUSINESS WIRE)--Citigroup Inc. is redeeming, in whole, the remaining 22,000 shares outstanding of its 7.125% Fixed Rate / Floating Rate Noncumulative Preferred Stock, Series J (ticker “C Pr J”) (the “Preferred Stock”) and the corresponding Series J Depositary Shares representing interests in the Preferred Stock, equivalent to $550 million aggregate liquidation preference. 16,000 shares of the Preferred Stock and the related Depositary Shares, equivalent to $400 million aggregate liqu.

Citigroup Announces Full Redemption of Series J Preferred Stock

Ford Motor Company

Schlumberger

Blue-chip stocks are typically known as high-quality, reliable and well-established companies with strong track records of growth and profitability. However, even these market leaders can sometimes face challenges and setbacks that cause their share prices to drop below their intrinsic values.

3 Established Blue-Chip Stocks Trading at Bargain Prices

American Express

Warren Buffett continues to like bank stocks. Some of the biggest positions in the Berkshire Hathaway (NYSE: BRK-A /NYSE: BRK-B ) portfolio are in banks and financial institutions.

The 3 Best Buffett Bank Stock Picks

Citigroup Inc (NYSE: C) is in focus this morning after Glean said the financial services behemoth participated in its latest investment round. Glean hits $2.2 billion valuation The artificial intelligence startup raised a total of $200 million in that round at a valuation of $2.2 billion.

Citigroup just invested in an AI startup: find out more

This post originally appeared in the Insider Today newsletter. You can sign up for  Insider's daily newsletter here.

Citi is betting big on high-profile executives to turn things around

Glean is taking on Microsoft with software that can search through internal data and provide corporate users with quick answers to questions

AI startup Glean lures Citigroup as investor at $2.2 billion valuation after revenue quadruples

Citigroup Inc. has drawn an upgrade to buy from hold at CFRA Research as the bank's turnaround plan under Chief Executive Jane Fraser drew praise.

Citigroup's stock wins another upgrade as analysts cheer turnaround plan

Citigroup (C) closed at $55.36 in the latest trading session, marking a -1.02% move from the prior day.

News for Citigroup Stock (C)