Citi Q2 net income $2.9B, EPS $1.33; revenues down 1% YoY to $19.4B

CITIGROUP INC

2023-Q2 EPS reported $3.52 revenue$40,883,000,000

Net income fell 36% YoY to $2.9B; EPS of $1.33, vs $2.19 in Q2 2022.
Services revenues up 15% (TTS, Securities Services); Markets down 13%.
Net credit losses $1.5B, up 77% YoY on card loan growth normalization.
CET1 ratio 13.3% (100 bps above new requirement); returned $2B in dividends/buybacks.
Book value $97.87; tangible book value $85.34, up 6% YoY.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

CITIGROUP INC reported second quarter 2023 results: revenue $19.4 billion, net income $2.9 billion, EPS $1.33 per diluted share.

Period: second quarter 2023
Revenue: $19.4 billion
Net income: $2.9 billion
EPS: $1.33 per diluted share
Result: reported results

Exact text from the filing

Citigroup Inc. today reported net income for the second quarter 2023 of $2.9 billion, or $1.33 per diluted share, on revenues of $19.4 billion.

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44 earnings releases filed in the last 30 days. Browse all earnings releases →

CITIGROUP INC filing history →

Source: SEC EDGAR

accession 0001104659-23-081050

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