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

Citigroup Inc will pursue an initial public offering of its Banamex unit that consists of its consumer, small business and middle-market banking operations in Mexico, the bank said on Wednesday.

Citigroup to pursue IPO for its Mexico retail unit

Citigroup announced Wednesday it plans to pursue an initial public offering of its Mexico business, Banamex, making formal a long-telegraphed spinoff.

Citigroup to spin off its Mexico business through IPO

The New York bank will spin off its Mexican consumer unit after a yearlong process failed to find a deal.

Citigroup Ends Sale Talks for Banamex and Pivots to IPO

NEW YORK--(BUSINESS WIRE)--Citi today announced it will pursue an initial public offering (IPO) of its consumer, small business and middle-market banking operations in Mexico (the “Business”) following the planned separation of its leading institutional business that will remain part of Citi. As previously disclosed, Citi had been pursuing a dual process to exit the Business, including preparation for a possible IPO, with a commitment to deliver maximum value to its shareholders. The Business w.

Citi to Pursue Initial Public Offering of Its Consumer, Small Business and Middle Market Banking Operations in Mexico as It Executes Strategy to Simplify Firm and Deliver Value to Shareholders

Deutsche Bank

HSBC Holdings

Morgan Stanley

Royal Bank of Canada

The U.K.'s Competition and Markets Authority on Wednesday said it has provisionally found that Citi, Deutsche Bank, HSBC, Morgan Stanley and Royal Bank of Canada broke competition law by exchanging sensitive information on U.K. government bonds in one-to-one online chats.

Five banks unlawfully shared information on government bonds, U.K. regulator says

Deutsche Bank and Citigroup have admitted anti-competitive activity by exchanging sensitive information on UK government bonds between 2009 and 2013, Britain's anti-trust watchdog said Wednesday, as it provisionally found five banks in breach of competition rules.

Deutsche Bank and Citi admit anti-competitive activity in UK bond market

The Competition and Markets Authority (CMA) has provisionally ruled that Citi, Deutsche Bank, HSBC, Morgan Stanley (NYSE:MS), and the Royal Bank of Canada (TSX:RY) breached competition law by sharing sensitive trading information on the UK government debt market. Discussions, which are alleged to have taken place in Bloomberg private chat rooms between 2009-13, revolved around the purchase and sale of government bonds, specifically gilts and gilt asset swaps, and allegedly included strategy details such as pricing.

Five banks colluded in the government debt market, UK watchdog provisionally rules

Britain's Competition and Markets Authority said on Wednesday it had provisionally found five major global banks broke UK competition law by exchanging sensitive information on government bonds in one-to-one online chats.

HSBC, Citi, Deutsche Bank, Morgan Stanley and RBC traders broke competition law, watchdog finds

Mexican President Andres Manuel Lopez Obrador's administration is studying the possibility of buying a majority of shares in Citigroup's local retail unit known as Banamex, according to a government statement published on Tuesday.

Mexico government open to buying Citigroup's Banamex

Axos Financial Inc.

Bank of America

JPMorgan Chase & Co

SPDR S&P Bank ETF

SPDR S&P Regional Banking ETF

Live Oak Bancshares

U.S. Bancorp

Wells Fargo

The banking industry routinely goes through crises that result in big, fast losses for investors. But there are plenty of solid, secure banks trading for extreme discounts.

Bank Stocks Are Falling and Investors Are Scared. That's Almost Always the Best Time to Buy.

NEW YORK--(BUSINESS WIRE)--Jane Fraser, Chief Executive Officer of Citi, will present at Bernstein's 39th Annual Strategic Decisions Conference on Friday, June 2. The presentation is expected to begin at approximately 11:00 a.m. (Eastern). A live webcast will be available at http://www.citigroup.com/citi/investor. A replay and transcript of the webcast will be available shortly after the event. Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wea.

Citi CEO Jane Fraser to Present at Bernstein's 39th Annual Strategic Decisions Conference

NEW YORK--(BUSINESS WIRE)--Citigroup Inc. is announcing the redemption, in whole, constituting $1,250,000,000 of its 4.044% Fixed Rate / Floating Rate Notes due 2024 (the “fixed rate / floating rate notes”) (ISIN: US172967LZ20), and the redemption, in whole, constituting $1,000,000,000 of its Floating Rate Notes due 2024 (the “floating rate notes” and together with the fixed rate / floating rate notes, the “notes”) (ISIN: US172967MA69). The redemption date for the notes is June 1, 2023 (the “re.

Citigroup Announces $1.25 Billion Redemption of 4.044% Fixed Rate / Floating Rate Notes due 2024 and $1.0 Billion Redemption of Floating Rate Notes due 2024

Apple

Ally Financial

American Express

Capital One

Chevron

Coca-Cola

Microsoft

Occidental Petroleum

Visa

At the most recent Berkshire Hathaway Inc. NYSE: BRK.B  investors conference in early May, Warren Buffett offered some insights into his most recent buys and sells, but more detail was released in a regulatory filing on May 15, after the market's close.

Buffett's Latest Buys: What Stocks Is He Adding to His Portfolio?

Higher rates and wider spreads will help Citigroup raise its interest income. Sale of assets in Mexico will help improve capital ratios.

Citigroup: Low Valuation With Great Macro Backdrop

Barclays

Ed Wehle, a senior Barclays Plc technology banker, has resigned to join U.S. rival Citigroup Inc in New York, according to an internal memo seen by Reuters, adding to an exodus of top investment bankers from the London-based bank.

Barclays technology banker joins Citigroup

Negotiations over the sale of Citigroup Inc's Mexican retail bank Citibanamex are "going really well" and one potential buyer is conglomerate Grupo Mexico , Mexican President Andres Manuel Lopez Obrador said on Tuesday.

Mexican president: 'No problem' if Grupo Mexico buys Citi's Banamex unit

Bank of New York Mellon

Diageo

Kraft Heinz

Taiwan Semiconductor Manufacturing

Vitesse Energy Inc

Berkshire Hathaway boosted positions in its two biggest stock holdings, among notable moves. The post Warren Buffett Grew His Biggest Stock Holdings In Q1, Tuned Bank Exposure appeared first on Investor's Business Daily.

Warren Buffett Grew His Biggest Stock Holdings In Q1, Tuned Bank Exposure

Citigroup has long been plagued by issues dating back to the great financial crisis. However, the recent regional banking crisis has proved a boon for large banks such as Citi.

Citigroup: Finally Turning The Corner?

Citigroup is making concrete moves to streamline its business and become more profit-centric. Financials are healthy, the valuation is attractive, and margins are improving.

Citigroup: Quiet Potential For High Total Returns

Citigroup shares appear to be cheap and offer compelling value. Berkshire Hathaway's investment in Citigroup last year offered more support to the bull case.

Citigroup: Underpriced But Struggling To Create Value

Conglomerate Grupo Mexico is set to buy Citigroup Inc's retail banking operations in Mexico for about $7 billion in a deal that could be announced as early as this week, according to a person familiar with the matter.

Grupo Mexico nearing $7 bln deal for Citi's Banamex unit -source

NEW YORK--(BUSINESS WIRE)--Citigroup Inc. is announcing the redemption, in whole, constituting $1,500,000,000 of its 1.678% Fixed Rate / Floating Rate Notes due 2024 (the “notes”) (ISIN: US172967MR94). The redemption date for the notes is May 15, 2023 (the “redemption date”). The cash redemption price for the notes payable on the redemption date will equal par plus accrued and unpaid interest, to but excluding, the redemption date. The redemption announced today is consistent with Citigroup's l.

Citigroup Announces $1.5 Billion Redemption of 1.678% Fixed Rate / Floating Rate Notes due 2024

NEW YORK--(BUSINESS WIRE)--As a leader in U.S. payments, Citi Retail Services, one of North America's largest and most experienced retail payments and credit solution providers, is expanding its embedded payments strategy with its suite of Citi Pay® products. Designed with customers and merchants in mind, the new family of products will deliver a digital-first, consumer finance journey in partner checkout processes. According to a recent Citi® study, 85% of Americans surveyed agree that retaile.

Citi Retail Services Expands Embedded Payment Capabilities with Citi Pay

NEW YORK--(BUSINESS WIRE)--Yieldstreet, the leading private market investing platform, today announced the appointment of Ted Yarbrough as its Chief Investment Officer. Yarbrough brings to Yieldstreet nearly three decades of experience at Citigroup (NYSE: C) and its predecessor companies, holding a variety of leadership roles across the firm's banking, markets, and lending businesses. During his tenure, he served as Chief Investment Officer of Global Spread Products, Global Head of Structured F.

Yieldstreet Appoints Ted Yarbrough As Chief Investment Officer

Fifth Third Bancorp

Huntington Bancshares

Charles Schwab

Elon Musk should stick to electric cars. Instead, Musk is on the interview circuit and Twitter predicting the demise of the banking sector.

News for Citigroup Stock (C)