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

Options traders are braced for larger-than-usual post-earnings stock price swings for some U.S. banks, despite signs of cooling volatility in broader markets, options data showed.

Options traders see larger-than-usual stock swings as banks report results

JPMorgan, Wells Fargo and Citigroup will report third-quarter results on Friday, followed by others next week.

What Will Bank Earnings Say About the Economy?

Citigroup Inc said on Thursday that its board of directors will meet in Singapore for the first time since 2011 as a show of commitment to the city state.

Citigroup's board to meet in Singapore for the first time since 2011

The largest U.S. banks are reportedly bracing themselves for a surge in bad debt write-offs, the highest since the early days of the pandemic. JPMorgan Chase & Co., Citigroup, Wells Fargo and Bank of America are expected to report a combined $5.

US Banks Brace for Surge in Bad Debt Write-Offs

Dampening market activity levels and gloomy deal-making volume are expected to have affected Citigroup's (C) Q3 fee income. Waning loan demand is likely to have hindered NII growth.

Muted Trading, High Costs to Hurt Citigroup's (C) Q3 Earnings

PNC Financial Services

U.S. Bancorp

Rising interest rates have boosted earnings for U.S. banks in recent quarters. But their upcoming third-quarter earnings reports likely will disclose how that past boon has morphed into a burgeoning barrier to growth.

Rising Rates Turn From Friend to Foe for U.S. Banks

SPDR S&P Bank ETF

SPDR S&P Regional Banking ETF

Financial Select Sector SPDR Fund

Bank stock indexes were moving higher on Wednesday to mark their sixth straight day of gains, as bond yields eased back. The SPDR S&P Bank ETF KBE, +0.87% was up 0.7% and is trading at its highest level since Sept.

Bank stock indexes mark sixth straight day of gains in morning trades

JPM stock is basing ahead of JPMorgan Chase earnings Friday with Wells Fargo, Citi also due. Analysts expect interest rates to weigh on results.

JPM Stock Eyes An Upturn With Earnings Due; Wells Fargo, Citi Also Set To Report

We expect Citigroup to beat the consensus estimates for revenues and earnings.

What To Expect From Citigroup Stock In Q3?

The big U.S. banks are reportedly facing a slowdown in lending growth due to rising interest rates, and it is expected to hurt their profits. Net interest income, a key driver of earnings for banks, has been boosted by the Federal Reserve's benchmark rate hikes over the last 18 months.

Slowing Loan Growth Expected to Squeeze Big US Banks' Profits

A slate of big banks will report earnings before the market opens on Friday. The impact of inflation and interest rates will be watched closely, as will which banks can outperform their rivals on Wall Street.

Big banks earnings are coming Friday — here's what to expect

Citigroup (C) said it would sell its consumer wealth portfolio in China to HSBC Bank China (HSBC) as the financial firm continues to shed overseas assets in an effort to shrink the size of its operations.

Citi Sells Off China Consumer Unit as It Simplifies Its Business

Citigroup Inc. (C, Financial) is set to release its third-quarter earnings report on Oct. 13. The consensus on the street is the American banking giant will deliver an earnings per share figure of $1.23 and revenue of $19.23 billion.

Previewing Citigroup's 3rd-Quarter Earnings

Citigroup (C) agrees to divest its China Consumer Wealth portfolio to HSBC Holdings and retain institutional businesses.

Citigroup (C) to Sell Its Consumer Wealth Business to HSBC

Citigroup Inc (NYSE:C) will report earnings alongside other big banks Friday morning when the company will look to extend its streak of recent earnings beats.  The bank is expected to report revenue of $19.27 billion and earnings of $1.19 per share, compared to revenue of $18.5 billion and earnings of $1.63 per share a year earlier.

Citigroup hopes to keep pace on profitability when it reports earnings Friday

JPMorgan Chase & Co. Chief Executive Jamie Dimon acknowledged the tragedy of bloodshed in Israel and said bank employees remained safe over the weekend, as bank stocks fell more deeply into the red than the broad market on Monday.

JPMorgan's Jamie Dimon says bank employees safe over the weekend; bank stocks fall on heels of Israel-Hamas war

Burberry Group PLC

Fashion boffins at Citi visited Burberry Group PLC (LSE:BRBY)'s refurbished Bond Street store and came away with moderately good things to say about chief creative officer Daniel Lee's turnaround vision for the iconic British fashion brand. Lee's current Winter23 runway collection and the Spring/Summer24 collection dropping in December “conveyed a sense of understated elegance reinforced by use of the brand's archive references rather than logos”, said Citi.

Citi brokers react to Burberry's Daniel Lee collection

HONG KONG--(BUSINESS WIRE)--Citi Securities Services announced the successful settlement of trades for China Asset Management (Hong Kong) [ChinaAMC (HK)] on Hong Kong Exchanges and Clearing Limited (HKEX) Synapse platform, which went live for trades settlement today. This was among the first trades executed and settled on the newly launched Synapse platform. Synapse is HKEX's new integrated settlement acceleration platform designed to complement the existing Northbound Stock Connect post-trade.

Citi Successfully Settles First Trades on HKEX Synapse Platform

HSBC Holdings

Citigroup Inc. on Monday confirmed reports of the sale of its consumer-wealth portfolio in China to HSBC Plc after it announced plans to exit the business in December 2022.

Citigroup confirms sale of China-wealth unit to HSBC

Citi said the portfolio is worth approximately $3.6 billion.

Citi Sells China Consumer Business To HSBC As British Bank Doubles Down On Asia

Trimming layers of managers will help, but the global bank faces headwinds ranging from interest rates to new capital rules.

What Could Finally Turn Around Citigroup?

LONDON--(BUSINESS WIRE)--Citi has published its latest Global Perspectives & Solutions (Citi GPS) report titled: AFRICA -- A New Growth Model. The report suggests that for a new growth model to emerge, African governments and the private sector are going to have to work together to take advantage of the continent's favorable demographics, technological developments, and a changing world economy – while maintaining course to develop foundational infrastructure. Although broadly speaking Afri.

Citi GPS: AFRICA – A New Growth Model Premised on Favorable Demographics, Technological Developments, and a Changing World Economy

HSBC Holdings PLC (LSE:HSBA) is set to significantly expand its Chinese operations with the acquisition of Citigroup Inc (NYSE:C)'s consumer wealth portfolio in the country for an undisclosed sum. Expected to close in the first half of 2024, the deal includes clients, assets under management (AUM), and deposits totalling around $3.6 billion.

HSBC expands in China as it picks up Citigroup's consumer wealth assets

Citigroup Inc said on Monday it has agreed to sell its onshore consumer wealth portfolio in China, including clients, assets under management (AUM) and deposits to HSBC Bank China.

Citigroup to sell China onshore consumer wealth unit to HSBC

Profit updates from the U.S.'s largest banks are expected to fare better than their stock price weakness would suggest when third-quarter earnings season kicks off this coming Friday.

News for Citigroup Stock (C)