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

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Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

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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

Citigroup announced an organizational realignment to streamline the business and support higher returns. The company has been pressured by challenging macro conditions but maintains strength in its core operating segments. We are bullish on Citigroup and see compelling value relative to mega-cap banking peers.

Citigroup: Taking A Page From Tech, Realignment Can Unlock Value

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In July, the Federal Reserve Chair Jerome Powell, states “given the resilience of the economy recently [we] are no longer forecasting a recession.” However, analysts and economists are shifting their outlook even more optimistically, with Tom Lee, Fundstrat's head of research, suggesting that the economy is poised for an expansion.

The 3 Most Undervalued Sleeper Stocks to Buy in September 2023

Shares of Citigroup have declined by -15.76% over the past decade, but the company remains interesting with a strong loan-to-deposit ratio and consistent profitability. The banking industry faces challenges, including proposed regulations that could impact earnings. Citigroup's delinquency rate increased slightly in July. Citigroup is undervalued compared to its peers, with a low P/E ratio, discounted book value, and a high dividend yield. The company has a strong balance sheet and plans to return capital to shareholders.

Citigroup Yields 5% And Trades At A -56% Discount To Book

Kristine Braden, CEO of Citigroup's main operations in continental Europe, is leaving the firm after 25 years as part of a wider organisational change announced by the U.S. bank earlier this week, according to an internal memo seen by Reuters.

Citigroup's Europe unit CEO Braden to leave after 25 years -source

Citigroup Inc (NYSE:C) is reportedly cutting jobs in compliance and risk management as it carries out its biggest reorganisation in two decades.  Conversations are already taking place with staff, it was reported by Reuters, after Jane Fraser this week said America's third largest bank would cut jobs and remove a layer of management as part of the reorganisation.

Citi begins jobs cuts under reorganisation plan

HONG KONG & SINGAPORE & LONDON & NEW YORK--(BUSINESS WIRE)--Citi Securities Services today announced that it has become the first digital custodian participant of BondbloX Bond Exchange (BBX), the world's first fractional bond exchange using the latest in distributed ledger technology. BBX was launched in 2020 to simplify bond investing by allowing investors to track and trade bonds electronically. The launch was seen as a significant leap forward in revolutionizing bond trading, making it more.

Citi to Become First Digital Custodian on BondbloX Bond Exchange

As Citigroup embarks on a sweeping reorganization, support staff in compliance and risk management are among the most likely to lose their jobs, according to sources familiar with the situation.

Citigroup starts layoff talks after management overhaul -sources

Citi Treasury and Trade Solutions has unveiled a suite of payment solutions tailored for financial institutions (FIs), aiming to help them enhance their client experience.

Citi Adds 4 Payment Solutions for Financial Institutions

Citigroup (C) simplifies its organization and eliminates extra management layers to make the decision-making process swifter, drive increased accountability and enhance the focus on clients.

Citigroup (C) Realigns Corporate Structure, Trims Management Layers

NEW YORK--(BUSINESS WIRE)--Citi Treasury and Trade Solutions launches a set of four payment solutions for Financial Institution (FI) clients, which are designed to improve the client experience for their end users. With this, FI clients will now have access to new capabilities -- each of which can now be used with low or no implementation work or technology build. This new set of functionalities is designed to broaden, expand and improve (from a client experience perspective) FI offerings quick.

Citi Launches Suite of Auto-Enabled Payment Solutions for Financial Institutions

Citi says it is embarking on a major restructuring of its organization that eliminates a number of management layers. The new structure, announced Wednesday (Sept.

Citi Plans ‘Uncomfortable' Cuts Amid Sweeping Reorganization

Citigroup is making "significant changes" to streamline its organizational model. The flatter structure will eliminate management layers and speed up decision-making.

Citigroup reorganizes business model to streamline operations

Citigroup Inc. (NYSE:C ) Barclays 21st Annual Global Financial Services Conference Call September 13, 2023 10:30 AM ET Company Participants Jane Fraser - Chief Executive Officer Mark Mason - Chief Financial Officer Conference Call Participants Jason Goldberg - Barclays Jason Goldberg Great. Thank you everyone for your patience.

Citigroup Inc. (C) Presents at Barclays 21st Annual Global Financial Services Conference (Transcript)

Citigroup announced a major reorganization on Wednesday that trims management layers, giving CEO Jane Fraser more direct oversight over its businesses as she aims to boost its profit and share price.

Citigroup's business heads in revamped structure

Citigroup chief executive Jane Fraser's move on Wednesday to strip out a layer of top management, cull jobs and take more control of key businesses marks her boldest move yet to simplify the Wall Street giant and boost its share price.

Citigroup CEO Jane Fraser pushes biggest overhaul in almost two decades

Citigroup is planning a sweeping overhaul of its organization after years of lackluster stock performance. Reorganization efforts will involve layoffs, people familiar with the matter told Bloomberg.

Citi shakeup: The banking giant is planning layoffs and a huge overhaul

Citigroup (C) sells its Bridge platform to Foro and becomes a strategic investor in Foro to expand the loan platform's services.

Citi (C) Sells Small Business Loan Platform Bridge to Foro

Citigroup Inc (NYSE: C) is in focus this morning after announcing a corporate organisation that it expects will improve accountability and expedite decision making. Citi is dividing into five business lines The multinational investment bank will now comprise of five main divisions versus two so far.

Citi announces biggest reorganisation since global financial crisis

Citigroup CEO Jane Fraser announced a major management reorganization that will give her more direct oversight over its businesses.

Citigroup CEO expected to make job cuts amid sweeping management changes

Citigroup Inc.'s C, +2.69% stock was up 0.8% in premarket trading on Wednesday after the megabank said it would reorganize into a flatter structure with leads of its five major business units reporting directly to Chief Executive Jane Fraser. The bank did not disclose any headcount reduction figures but said it's “committed to retaining top talent and supporting employees who are leaving the company.

Citigroup's stock rises as it reorganizes into a ‘streamlined geographic structure'

Citigroup CEO Jane Fraser announced a major management reorganization that will give her more direct oversight over its businesses as she seeks to simplify the bank.

Citigroup CEO makes sweeping management changes to simplify bank

Citigroup CEO Jane Fraser announced a corporate reorganization Wednesday, saying the move would cut down management layers and accelerate decisions. The previous structure of Citigroup resulted in tensions between managers and a lack of accountability that sometimes thwarted new initiatives, according to current and former employees.

Citigroup CEO Jane Fraser reorganizes businesses as bank is mired in stock slump

NEW YORK--(BUSINESS WIRE)--Citi today announced significant changes to its organizational model that will fully align its management structure with its business strategy and simplify the bank. The new, flatter structure elevates the leaders of Citi's five businesses and eliminates management layers, which will speed up decision making, drive increased accountability and strengthen the focus on clients. Simplifying the organization will also advance the execution of Citi's Transformation, the fi.

Citi Aligns Organizational Structure With Its Strategy and Simplifies Operating Model

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NEW YORK--(BUSINESS WIRE)--Citi today announced the acquisition of its Bridge built by Citi® platform (“Bridge”) by Foro Holdings, Inc. (“Foro”), a Charlotte-based commercial lending services provider. As part of the transaction, Citi contributed Bridge to Foro and joined Foro's investors, including TTV Capital (TTV), US Bank and Correlation Ventures in an additional capital investment in Foro to support the continued growth of the business. Bridge is a digital platform that connects small and.

News for Citigroup Stock (C)