Citigroup Historical Income Statement

C Stock  USD 58.63  1.02  1.77%   
Historical analysis of Citigroup income statement accounts such as Other Operating Expenses of 153.1 B can show how well Citigroup performed in making a profits. Evaluating Citigroup income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Citigroup's future profits or losses.
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Citigroup latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Citigroup is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Citigroup. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Citigroup Stock refer to our How to Trade Citigroup Stock guide.

About Citigroup Income Statement Analysis

Citigroup Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Citigroup shareholders. The income statement also shows Citigroup investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Citigroup Income Statement Chart

Citigroup Income Statement is one of the three primary financial statements used for reporting Citigroup's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Citigroup revenue and expense. Citigroup Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Citigroup's Other Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 13.9 B, whereas EBIT is forecasted to decline to about 4.6 B.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Citigroup income statement and is an important metric when analyzing Citigroup profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Total Revenue

Total revenue comprises all receipts Citigroup generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most accounts from Citigroup's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Citigroup current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Citigroup. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Citigroup Stock refer to our How to Trade Citigroup Stock guide.At present, Citigroup's Other Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 13.9 B, whereas EBIT is forecasted to decline to about 4.6 B.
 2021 2022 2023 2024 (projected)
EBITDA31.4B48.5B9.4B8.9B
EBIT27.4B44.2B4.8B4.6B

Citigroup income statement Correlations

0.440.460.420.450.160.290.290.00.480.590.40.28-0.130.54-0.530.0-0.030.280.320.37-0.10.30.290.26
0.44-0.03-0.15-0.120.6-0.16-0.15-0.010.130.350.720.720.050.19-0.01-0.2-0.01-0.29-0.060.21-0.020.890.680.57
0.46-0.030.480.5-0.010.480.77-0.320.440.270.05-0.01-0.360.03-0.34-0.060.410.160.77-0.12-0.53-0.010.060.26
0.42-0.150.481.00.390.660.320.370.430.39-0.26-0.420.170.59-0.480.51-0.250.580.270.350.25-0.41-0.38-0.44
0.45-0.120.51.00.380.70.350.380.480.44-0.2-0.370.170.6-0.520.49-0.250.590.30.360.23-0.39-0.35-0.39
0.160.6-0.010.390.38-0.14-0.270.15-0.070.190.130.070.250.40.140.26-0.13-0.09-0.250.370.240.380.12-0.07
0.29-0.160.480.660.7-0.140.580.450.720.450.09-0.020.220.26-0.760.31-0.260.580.560.050.15-0.34-0.14-0.08
0.29-0.150.770.320.35-0.270.58-0.460.470.380.10.01-0.140.17-0.4-0.20.610.450.990.09-0.69-0.1-0.030.13
0.0-0.01-0.320.370.380.150.45-0.460.270.07-0.01-0.030.40.09-0.40.56-0.960.15-0.47-0.050.92-0.26-0.12-0.23
0.480.130.440.430.48-0.070.720.470.270.80.480.330.010.33-0.70.06-0.150.420.470.22-0.080.070.340.36
0.590.350.270.390.440.190.450.380.070.80.630.420.040.72-0.54-0.15-0.020.480.410.66-0.120.230.30.35
0.40.720.05-0.26-0.20.130.090.1-0.010.480.630.970.120.18-0.38-0.310.01-0.040.210.24-0.150.70.680.76
0.280.72-0.01-0.42-0.370.07-0.020.01-0.030.330.420.970.12-0.05-0.28-0.310.01-0.220.120.02-0.140.760.750.81
-0.130.05-0.360.170.170.250.22-0.140.40.010.040.120.120.28-0.270.58-0.270.38-0.140.30.39-0.06-0.06-0.45
0.540.190.030.590.60.40.260.170.090.330.720.18-0.050.28-0.340.16-0.060.630.180.90.11-0.07-0.17-0.28
-0.53-0.01-0.34-0.48-0.520.14-0.76-0.4-0.4-0.7-0.54-0.38-0.28-0.27-0.34-0.360.31-0.48-0.43-0.15-0.150.20.05-0.07
0.0-0.2-0.060.510.490.260.31-0.20.560.06-0.15-0.31-0.310.580.16-0.36-0.50.21-0.24-0.030.54-0.42-0.3-0.57
-0.03-0.010.41-0.25-0.25-0.13-0.260.61-0.96-0.15-0.020.010.01-0.27-0.060.31-0.50.020.620.1-0.950.210.070.16
0.28-0.290.160.580.59-0.090.580.450.150.420.48-0.04-0.220.380.63-0.480.210.020.420.640.0-0.43-0.38-0.43
0.32-0.060.770.270.3-0.250.560.99-0.470.470.410.210.12-0.140.18-0.43-0.240.620.420.11-0.7-0.030.00.21
0.370.21-0.120.350.360.370.050.09-0.050.220.660.240.020.30.9-0.15-0.030.10.640.11-0.020.03-0.14-0.24
-0.1-0.02-0.530.250.230.240.15-0.690.92-0.08-0.12-0.15-0.140.390.11-0.150.54-0.950.0-0.7-0.02-0.27-0.22-0.36
0.30.89-0.01-0.41-0.390.38-0.34-0.1-0.260.070.230.70.76-0.06-0.070.2-0.420.21-0.43-0.030.03-0.270.880.72
0.290.680.06-0.38-0.350.12-0.14-0.03-0.120.340.30.680.75-0.06-0.170.05-0.30.07-0.380.0-0.14-0.220.880.78
0.260.570.26-0.44-0.39-0.07-0.080.13-0.230.360.350.760.81-0.45-0.28-0.07-0.570.16-0.430.21-0.24-0.360.720.78
Click cells to compare fundamentals

Citigroup Account Relationship Matchups

Citigroup income statement Accounts

201920202021202220232024 (projected)
Interest Expense29.2B14.5B8.0B25.7B17.2B20.7B
Other Operating Expenses50.5B(60.3B)(44.5B)92.4B145.8B153.1B
Operating Income23.8B14.0B27.4B44.2B9.4B13.9B
Ebit23.8B14.0B27.4B44.2B4.8B4.6B
Ebitda27.7B17.9B31.4B48.5B9.4B8.9B
Total Operating Expenses(50.5B)(60.3B)(44.5B)51.3B19.5B16.1B
Income Before Tax23.9B14.0B27.5B18.8B12.9B12.0B
Net Income19.4B11.0B22.0B14.8B9.2B8.6B
Income Tax Expense4.4B2.6B5.5B3.6B3.5B3.6B
Depreciation And Amortization3.9B3.9B4.0B4.3B4.6B2.7B
Selling General Administrative21.5B22.3B25.3B26.7B29.3B22.9B
Total Revenue74.3B74.3B71.9B75.3B157.1B165.0B
Gross Profit40.9B39.7B33.0B34.2B112.0B117.6B
Total Other Income Expense Net70M60M66M(25.4B)12.9B9.6B
Selling And Marketing Expenses1.5B1.2B1.5B1.6B1.4B1.4B
Cost Of Revenue33.4B34.6B38.9B41.1B45.1B35.1B
Net Income Applicable To Common Shares19.4B11.0B20.8B13.7B12.3B9.9B
Minority Interest66M40M(73M)(89M)(153M)(145.4M)
Extraordinary Items(4M)(20M)7M(231M)(207.9M)(218.3M)
Discontinued Operations(4M)(20M)7M(231M)(265.7M)(252.4M)
Net Income From Continuing Ops19.5B11.1B22.0B15.2B9.4B12.5B
Tax Provision4.4B2.6B5.5B3.6B3.5B6.1B
Net Interest Income47.3B43.5B42.5B48.7B54.9B51.2B
Interest Income76.5B58.1B50.5B74.4B133.3B78.3B
Reconciled Depreciation3.9B3.9B4.0B4.3B4.6B4.4B

Citigroup Investors Sentiment

The influence of Citigroup's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Citigroup. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Citigroup's public news can be used to forecast risks associated with an investment in Citigroup. The trend in average sentiment can be used to explain how an investor holding Citigroup can time the market purely based on public headlines and social activities around Citigroup. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Citigroup's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Citigroup's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Citigroup's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Citigroup.

Citigroup Implied Volatility

    
  36.41  
Citigroup's implied volatility exposes the market's sentiment of Citigroup stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Citigroup's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Citigroup stock will not fluctuate a lot when Citigroup's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Citigroup in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Citigroup's short interest history, or implied volatility extrapolated from Citigroup options trading.

Pair Trading with Citigroup

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Citigroup position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Citigroup will appreciate offsetting losses from the drop in the long position's value.

Moving together with Citigroup Stock

  0.83NU Nu Holdings Aggressive PushPairCorr
The ability to find closely correlated positions to Citigroup could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Citigroup when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Citigroup - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Citigroup to buy it.
The correlation of Citigroup is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Citigroup moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Citigroup moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Citigroup can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Citigroup offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Citigroup's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Citigroup Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Citigroup Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Citigroup. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Citigroup Stock refer to our How to Trade Citigroup Stock guide.
Note that the Citigroup information on this page should be used as a complementary analysis to other Citigroup's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Citigroup Stock analysis

When running Citigroup's price analysis, check to measure Citigroup's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Citigroup is operating at the current time. Most of Citigroup's value examination focuses on studying past and present price action to predict the probability of Citigroup's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Citigroup's price. Additionally, you may evaluate how the addition of Citigroup to your portfolios can decrease your overall portfolio volatility.
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Fundamental Analysis
View fundamental data based on most recent published financial statements
Is Citigroup's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Citigroup. If investors know Citigroup will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Citigroup listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0)
Dividend Share
2.08
Earnings Share
4.04
Revenue Per Share
36.63
Quarterly Revenue Growth
(0.09)
The market value of Citigroup is measured differently than its book value, which is the value of Citigroup that is recorded on the company's balance sheet. Investors also form their own opinion of Citigroup's value that differs from its market value or its book value, called intrinsic value, which is Citigroup's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Citigroup's market value can be influenced by many factors that don't directly affect Citigroup's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Citigroup's value and its price as these two are different measures arrived at by different means. Investors typically determine if Citigroup is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Citigroup's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.