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

Financials sector earnings have been mixed so far. Decent numbers were reported by JPMorgan Chase & Co. (JPM, Financial), while Bank of America Corp. (BAC, Financial), Wells Fargo & Co. (WFC, Financial) and Citigroup Inc. (C, Financial) dealt with their own issues.

With Solid Profits, Citigroup Is Righting the Ship

Citigroup CEO Jane Fraser held a conference call on Thursday with managing directors to discuss the bank's sweeping overhaul.

Citigroup CEO Jane Fraser starts to swing ax after bank's dismal Q4: sources

Citigroup CEO Jane Fraser held a conference call on Thursday with managing directors to discuss the bank's sweeping overhaul, according to two sources familiar with the situation, as it eliminated more leadership roles this week.

Citigroup lays off more bosses as CEO Fraser addresses managing directors -sources

Citigroup launched a private lending vehicle in partnership with alternative investment manager LuminArx Capital on Thursday, looking to expand its footprint in a market that has attracted significant attention in recent months.

Citigroup partners with LuminArx to launch private lending vehicle

NEW YORK--(BUSINESS WIRE)--Citi and LuminArx Capital today announced the launch of Cinergy, a strategic financing vehicle in the rapidly growing private lending market. Launched by LuminArx Capital, Cinergy will offer a broad range of private credit solutions to companies, including Citi's global client base. It will invest across multiple asset classes, including asset-backed credit (commercial, consumer and residential) and corporate debt across the capital structure. To support Cinergy, Lumi.

Citi and LuminArx Capital Announce the Launch of Strategic Private Lending Vehicle, Cinergy

Bank of America

Morgan Stanley

If you're wondering which bank stocks to sell this month, look no further. U.S. banks have just reported their financial results for the fourth and final quarter of 2023, and it's proven to be a mixed bag.

3 Bank Stocks to Sell in January Before They Crash and Burn

Three senior executives are leaving Citigroup's equity-trading division, two sources with knowledge of the matter said on Wednesday, as the company undergoes a sweeping reorganization.

Citigroup equities execs leaving as reorganization continues, sources say

Bank of New York Mellon

JPMorgan Chase & Co

Wells Fargo

US bank earnings, with more than $1 trillion in market capital reported on the first day of the fourth quarter earnings season alone, support the view of Bank of America analysts for a continued re-rating higher of bank stocks. In a note to clients following the release of the latest financial reports from JPMorgan Chase & Co (NYSE:JPM), Citigroup Inc (NYSE:C), Wells Fargo & Company (NYSE:WFC) and Bank of New York Mellon Corp (NYSE:BK, ETR:BN9) on Friday, the analysts noted that their view was supported by improving earnings per share (EPS) visibility and the US economy avoiding a hard landing.

US banks show improved earnings visibility in 4Q

Goldman Sachs

Three of the six largest U.S. banks announced new bond issues on Tuesday, kicking off an expected heavy week for new bank debt.

Three of 'Big Six' U.S. banks tap bond market post-earnings

This afternoon (or morning if you're in the States), Morgan Stanley and Goldman Sachs posted their financial results for the 2023 FY. The other financial services titans like JPMorgan, Citigroup and Wells Fargo all reported theirs last Friday.

Banking stocks' financial results this earnings season: the scars of 2023

Banks on Tuesday will urge the U.S. Federal Reserve to completely overhaul a draft rule hiking bank capital, in the latest leg of Wall Street's effort to water down the Basel Endgame proposal that bankers say will hurt the economy.

Big US banks to call on Fed to rewrite contentious bank capital rule

Citigroup (C) plans to cut 20,000 job positions over the medium term. This is expected to reduce its expense base, thereby positively impacting its future performance.

Citigroup (C) to Eliminate 20,000 Jobs, Enhance Performance

American Express

Mastercard

Visa

The credit cycle, as well as the business cycle in the United States economy, is getting underway for a major pivot coming into 2024. Whether you are a long-term investor or enjoy dabbling in and out of markets in trading, this new cycle could bring you several potential opportunities for your money to be deployed.

Rising credit card delinquencies make these stocks your safer bet

Charles Schwab

Last year, and its final quarter in particular, saw remarkable growth both on the stock market and with numerous cryptocurrencies.

S&P 500 forecast for end of 2024

Citigroup reported a worse-than-expected top line and a $1.8 billion loss, but the loss was mostly due to restructuring charges. The bank announced plans to cut 20,000 jobs and exit competitive and risky businesses to simplify operations and optimize resource allocation. Despite disappointing Q4 results, Citigroup's structural earnings power and undervalued stock offer attractive upside potential.

Citigroup: 20,000 Job Cuts Big Step Towards Richer Earnings And Investor Payouts

Citi reported strong earnings on January 12, but fell short of revenue expectations. The institution reported robust overall results, with a very healthy 13.3% Tier 1 Capital ratio. Citi's Series J preferred shares are yielding over 9.4%, after not being fully called in September 2023.

Citigroup's Series J Preferred Shares: C.PR.J, 9.4% Yield From The Bank

We are off to a good enough start in the Q4 earnings season, though it may be hard to reach that conclusion from the seemingly 'noisy' big bank results.

Breaking Down Early Q4 Earnings Results

Citigroup Inc. (C) Q4 2023 Earnings Call Transcript

Citigroup on Friday said it will slash 20,000 jobs. The reductions will happen 'over the medium-term,' something that should ultimately bring its expenses down by $2-2.5 billion, Citi said.

Citigroup announces elimination of 20,000 jobs after losses

Citigroup reported a net loss of $1.8 billion for the fourth quarter, attributing that in part to several “notable items.” The items include a special assessment from the Federal Deposit Insurance Corp.

Citi Reports $1.8 Billion Net Loss, Will Complete Restructuring This Quarter

Citigroup (NYSE: C ) layoffs are the talk of Wall Street today after the investment bank announced that it will cut 20,000 roles, or 10% of its workforce, in a bid to save as much as $2.5 billion amid slowed revenue. So, what do you need to know about C job cuts lately?

Citigroup Layoffs 2024: What to Know About the Latest C Job Cuts

An increase in loan and deposit balances support Citigroup's (C) Q4 earnings. However, a decline in revenues and deteriorating credit quality are near-term headwinds.

Citigroup's (C) Q4 Earnings Beat Estimates, Revenues Decline

A slew of bank earnings from the largest financial institutions in the world were released this morning, providing insight into their Q4 and 2023 performance.

The Biggest Banks Reported Earnings Today: This One is the Clear Leader

Wells Fargo , Bank of America and Citigroup reduced their workforces by a combined 17,700 last year, the banking giants reported in their fourth-quarter earnings on Friday.

US banking giants shed over 17,000 employees in turbulent year

Citigroup will cut about 20,000 roles over three years as its corporate restructuring continues. The bank also had a "very disappointing" Q4 in 2023, CEO Jane Fraser said.

News for Citigroup Stock (C)