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

Banks have been on a shopping spree for the past year — and that's raising some alarm bells in Washington.

Big banks are getting even bigger, raising alarms in Washington

Options activity after earnings suggests that traders are optimistic that Citigroup stock could trend upwards.

Citigroup (C) Option Traders Remain Optimistic

PNC Financial Services

Truist Financial

Q2 earnings begin on a positive note with major banks like JPMorgan (JPM), BofA (BAC), Citi (C), Wells Fargo (WFC), PNC Financial (PNC) & Truist (TFC) outpacing estimates, mainly driven by reserve releases and decent fee income performance.

Bank Stock Roundup: JPM, WFC, BAC, C, TFC & PNC in Focus as Q2 Earnings Start

NEW YORK--(BUSINESS WIRE)--The Preferred Stock Committee of the Board of Directors of Citigroup Inc. today declared dividends on Citigroup's preferred stock as follows: – 5.950% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series A, payable July 30, 2021, to holders of record on July 20, 2021. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $29.75 for each receipt held. – 5.900% Fixed Rate/Floating Rate Noncumulative Preferre

Citigroup Declares Preferred Dividends

J. M. Smucker

Viatris

The S&P 500 continues to hit record highs. At the time of this article, the S&P 500 finished at nearly 4,375.

Bert's Dividend Stock Watch List: July 2021

For banks this earnings season, it's variations on the “reserve release” theme. It's a common refrain now – and Citigroup joins the fray.

Citi's US Branded Card Spend Surges 40 Percent Year On Year

The start of big bank earnings has proved promising for the group, three market analysts say.

Big bank earnings begin. What Cramer and other market analysts see ahead

NEW YORK--(BUSINESS WIRE)--Mark Mason, Chief Financial Officer, and Michael Verdeschi, Treasurer, will conduct the Citigroup second quarter 2021 Fixed Income Investor Review at 1:00 PM (ET) on Friday, July 30, 2021. The review will be available live via webcast and teleconference. The webcast and presentation materials will be available at www.citigroup.com/citi/investor. A replay and transcript of the webcast will be available after the call. To dial-in to the live teleconference, please dial:

Citi Second Quarter 2021 Fixed Income Investor Review

Citigroup Inc. (C) CEO Jane Fraser on Q2 2021 Results - Earnings Call Transcript

Lululemon Athletica

Some fundamental business strength isn't hurting either.

Wall Street Love Is Sending These 2 Nasdaq Stocks Higher

Citigroup's (C) Q2 results are largely driven by a rise in revenues, while rising expenses and lower revenues in debt underwriting have been undermining factors.

Citigroup (C) Q2 Earnings Top Estimates, Revenues Down Y/Y

The four largest U.S. consumer banks posted blockbuster second-quarter results this week, after pandemic loan losses failed to materialize and the U.S. economy began roaring back to life.

Top U.S. banks smash profit estimates on rebounding economy

Find out why the stock market is headed higher again.

Investors Need to Look Closely at These 3 Earnings Reports

Barclays

Mitsubishi UFJ Financial

NatWest Group plc 

UBS Group AG

A proposed multi-billion pound claim against powerful banks over alleged foreign exchange (forex) rigging is too weak and speculative to be allowed to proceed as a U.S.-style class action, the banks' lawyer told a London court on Wednesday.

Big banks seek to curb "speculative" planned UK forex class action

Citigroup's second-quarter results topped Wall Street expectations, giving investors reason to hope for a turnaround under Chief Executive Jane Fraser.

Citigroup Earnings Show There Is Hope for a Turnaround

Citi's equities sales and trading revenue grew 37% year over year to $1.06 billion, crushing analyst estimates.

Citigroup beats 2nd-quarter earnings estimates as strong stock-trading offsets fixed-income miss

Citigroup posted second-quarter results that benefited from a $1.1 billion boost from releasing reserves set aside for loan losses.

Citigroup beats analysts' estimates for profit, helped by $1.1 billion boost from loans

Shares of Citigroup Inc. inched up 0.3% in premarket trading Wednesday, after the moneycenter bank reported a second-quarter profit that rose nearly six-fold to beat expectations, while revenue fell amid a "normalization" in market activity and lower average card loans. Net income increased to $6.2 billion, or $2.85 a share, from $1.1 billion, or 38 cents a share, in the year-ago period.

Citigroup stock gains after profit beats expectations, while revenue falls amid 'normalization' in market activity

NEW YORK--(BUSINESS WIRE)--Please view Citi's second quarter 2021 earnings press release on its website http://www.citigroup.com/citi/investor. Additional financial, statistical, and business-related information, as well as business and segment trends, are included in a Quarterly Financial Data Supplement. Both the earnings release and Citigroup's Second Quarter 2021 Quarterly Financial Data Supplement are available on Citigroup's website at http://www.citigroup.com/citi/investor. Citigroup wil

Citigroup Reports Second Quarter 2021 Results

Citi Treasury and Trade Solutions (TTS) Latin America has rolled out its Citi Digital Account to help institutional clients digitize their banking experiences, eliminating the need for wet-signed signature cards, checkbooks or manual transactions, according to a press release. In addition, clients will benefit from a suite of digital self-service tools and biometric authentication, the […]

Citi Latin America Launches Digital Accounts For Corporate Clients

The banks, which include UBS, Barclays, Citibank, and JPMorgan, are accused of colluding to rig prices in the $6 trillion foreign-exchange market.

Citibank, JPMorgan, and other banking giants are facing a potential class action lawsuit over ripping off clients on currency trades, report says

After riding swift tailwinds through Q1, the biggest U.S. banks could face tougher times as Q2 earnings loom. That doesn't mean Q2 year-over-year earnings growth for the Financial sector won't be immense.

Hot Summer, Cool Fall? Big Banks Seen Delivering Huge Q2 Earnings, But Headwinds Blow

Citigroup (NYSE:C) unveils its next round of earnings this Wednesday, July 14. Get prepared with Benzinga's ultimate preview for Citigroup's Q2 earnings.

Citigroup's Earnings Outlook

I have low expectations for Citi's upcoming earnings release. Trading revenues will be much lower year on year.

Citigroup: I Expect An Ugly Quarter

Broadcom

NRG Energy

With the third quarter of 2021 underway and second-quarter earnings reports rolling out in a big way this week, many of the top firms we follow on Wall Street are making some changes to their lists of high-conviction stock picks for clients.

News for Citigroup Stock (C)