Citigroup profit beats estimates on investment banking surge
6 days ago · The bank increased its allowance for credit losses by about $1.9 billion, driving down net income to $3.2 billion, or $1.51 per share. That was down from $3.5 billion, or $1.63 per share, a year ...
Citigroup Q3 Earnings: Profit Falls 9%, Investment Banking …
6 days ago · Citigroup Inc (NYSE:C) reported a third-quarter fiscal 2024 revenue growth of 1% year-over-year to $20.32 billion, beating the analyst consensus estimate of $19.84 billion. Excluding divestiture ...
Citigroup profit beats estimates on investment banking surge
6 days ago · (Reuters) -Citigroup posted a smaller-than-expected drop in profit for the third quarter as debt underwriting propped up investment banking results. The third-largest U.S. lender's dealmakers...
Citigroup: Strong Earnings, Record Services, and $2.1 Billion ...
6 days ago · Citigroup's (NYSE:C) Q3 2024 report showcases solid, incremental progress, with revenues rising to $20.3 billion, up 1% year-on-year. Even more telling, when stripping out the noise from ...
Citigroup tops expectations for profit and revenue on strong Wall ...
Jul 12, 2024 · Citigroup on Friday posted second-quarter results that topped expectations for profit and revenue on a rebound in Wall Street activity. Investment banking revenue surged 60% to $853 million,...
Citi profit beats on surge in investment banking, services strength
July 12 (Reuters) - Citigroup (C.N) beat Wall Street expectations for second-quarter profit on Friday, boosted by a jump in investment banking, markets and services revenue, but shares fell 2%...
Fourth Quarter and Full Year 2023 Results and Key Metrics - Citigroup
New York, January 12, 2024 – Citigroup Inc. today reported net loss for the fourth quarter 2023 of $(1.8) billion, or $(1.16) per diluted share, on revenues of $17.4 billion. This compares to net income of $2.5 billion, or $1.16 per diluted share, on revenues of …
Citigroup profits rise 10% despite jump in credit card losses
Jul 12, 2024 · Citigroup said quarterly profits rose 10 per cent from last year, even as the bank faced higher losses in its credit card business and a $136mn regulatory fine. The bank earned a better than ...
First Quarter 2023 Results and Key Metrics - Citigroup
New York, April 14, 2023 – Citigroup Inc. today reported net income for the first quarter 2023 of $4.6 billion, or $2.19 per diluted share, on revenues of $21.4 billion. This compares to net income of $4.3 billion, or $2.02 per diluted share, on revenues of $19.2 billion for the first quarter 2022.
Citigroup profit beats estimates on trading, interest payments; …
NEW YORK, Oct 13 (Reuters) - Citigroup's (C.N) third-quarter profit beat estimates on Friday as it benefited from a surge in trading revenue, investment banking fees and interest payments while...