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

Apollo Global Management

Recently, Zacks.com users have been paying close attention to Citigroup (C). This makes it worthwhile to examine what the stock has in store.

Investors Heavily Search Citigroup Inc. (C): Here is What You Need to Know

Citi and Apollo will handle loan portfolio with capital from insurance annuity company Athene and Abu Dhabi's Mubadala Investment Co.

Citi teaming up with Apollo to handle $25 billion in private-credit investments

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Webster Financial

Bank stocks have been on quite a tear as interest rates have declined. But many appear to have room to run as the cost for deposits goes down.

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NEW YORK--(BUSINESS WIRE)--Citigroup Inc. (NYSE: C) and Apollo (NYSE: APO) today announced that they have entered into an exclusive agreement for a subsidiary of Citi and certain affiliates of Apollo to form a landmark $25 billion private credit, direct lending program initially in North America, with the potential to expand to additional geographies. The program will include participation from Mubadala Investment Company as Apollo's strategic partner as well as Apollo's subsidiary, Athene, bot.

Citi and Apollo Announce $25 Billion Private Credit, Direct Lending Program

Citigroup and private equity giant Apollo Global have struck a private credit partnership to work together on $25 billion of deals over the next five years, Bloomberg News reported on Thursday, citing a statement.

Citi, Apollo partner for $25 bln of private credit deals, Bloomberg News reports

C's financials are expected to benefit from the Fed rate cuts over the long term. Yet, ongoing legal scrutiny and rising credit losses are worrisome.

Should Investors Keep Citigroup Stock on Radar Post Fed Rate Cut?

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24/7 Wall St. Insights The futures market has priced in a 100% chance of a September rate cut.

5 Blue Chip Dividend Giants Passive Income Investors Can Always Count On

C's efforts to expand into China are held up by the U.S. regulators following a Fed's penalty related to its data and management risk controls.

Citigroup's China Expansion Plans Stalled Amid Regulatory Probes

Citi's plan to expand in China has reportedly hit a regulatory bump in America. The trouble stems from a penalty levied by the Federal Reserve against the banking giant over its data management and risk controls, Bloomberg News reported Monday (Sept.

Citi Hits Snag With China Plans as Regulators Flag Data Issue

Citigroup's expansion plan in China has hit a roadblock with U.S. regulators after the Federal Reserve imposed a penalty on the bank for its data management and risk controls, Bloomberg News reported on Sunday.

Citigroup's China expansion plan put on hold by US regulators, Bloomberg News reports

American Airlines

American Airlines is reportedly considering consolidating its business with a single credit card partner, potentially by making Citigroup its exclusive partner and dropping Barclays. The airline's talks with banks and card networks are ongoing and the timing of an agreement is unknown, CNBC reported Friday (Sept. 20), citing unnamed sources.

Report: American Airlines Considering Making Citigroup Sole Credit Card Partner

JPMorgan Chase & Co

Wells Fargo

U.S. banks, including C, WFC, JPM, HTBI and FFWM, rally as the Fed cuts rates, raising hopes of lower deposit costs and improving loan demand and asset quality.

U.S. Bank Stocks Rally After Fed Cuts Interest Rates by 50Bps

American Airlines is in advanced talks to establish Citigroup as its sole credit card issuer, potentially ending its partnership with Barclays, a relationship that began after American's 2013 merger with US Airways, according to a CNBC report.

American Airlines eyes exclusive credit card deal with Citigroup over rival bank Barclays

The September Federal Open Market Committee (FOMC) has become a hot topic among investors, with many believing the FED will finally begin lowering interest rates.

Citi expert warns of catastrophe if FED is too slow with rate cuts

CVS Health

Verizon

Verizon sports a fat dividend yield of 6.6% and plenty enough cash flow to cover it. Financial services powerhouse Citigroup offers a more modest but still solid 3.6% yield.

4 Dividend Stocks to Double Up On Right Now

C is set to divest its trust administration services business, Citi Trust, to JTC to focus resources on its wealth business.

Citigroup to Divest Trust Service Unit, In Line With Overhaul Goals (Revised)

C's near-term challenges led to a decline in share price. However, its long-term prospects remain bright.

Citigroup Stock Dips 5.9% in a Month: Should You Make a Bet Now?

Citigroup to Divest Trust Service Unit, In Line With Overhaul Goals

In the closing of the recent trading day, Citigroup (C) stood at $58.39, denoting a +1.25% change from the preceding trading day.

Citigroup (C) Rises Higher Than Market: Key Facts

Professional services provider JTC said on Monday it has agreed to buy Citigroup's global fiduciary and trust administration services business for $80 million.

Citigroup sells trust services unit to JTC for $80 million

Citigroup, one of the world's largest financial institutions, is undergoing a significant restructuring of its compliance efforts in response to recent regulatory pressures. The bank is shifting responsibility for a crucial aspect of its compliance work, along with approximately 800 employees, away from Chief Operating Officer Anand Selva.

Citigroup shifts compliance work for 800 staff after $136M fine

Citigroup's stock is undervalued at ~0.65x tangible book value. Jane Fraser's strategic overhaul is making significant progress, aiming for 11%-12% RoTCE by 2026, with potential catalysts in 2025 boosting stock price. Share buybacks at current discounted valuations are highly accretive, with capital headwinds dissipating, allowing for increased capital returns to shareholders.

Citigroup's Resurgence To Accelerate By Ramping Share Buybacks

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Jim Cramer is probably the closest thing we have to stock market superstar influencer.

Not So Fast Jim Cramer, You Should Buy These 3 Stocks He Says to Sell

Citigroup (NYSE: C) stock price has pulled back in the past two months as concerns about the pace of Federal Reserve interest rate cuts and its ongoing turnaround efforts remain. It retreated to a low of $58, down by 14% from its highest point this year, meaning that it is in a technical correction.

Citigroup stock needs to flip this price to continue its uptrend

Goldman Sachs

The U.S.'s largest banks will benefit in a myriad of ways from the U.S. Federal Reserve's upcoming changes to its capital requirement proposals to bulk up balance sheets for potential systemic problems, KBW analysts David Konrad and Scott McGratty say.

News for Citigroup Stock (C)