earnings
confidence high
sentiment neutral
materiality 0.80
Citigroup Q3 net income $3.5B, EPS $1.63, revenue up 9% to $20.1B
CITIGROUP INC
2023-Q3 EPS reported
$5.14
revenue$61,022,000,000
- Net income $3.5B (flat YoY), diluted EPS $1.63; revenue $20.1B (+9% YoY).
- ICG revenue +12% to $10.6B; Services +13%, Markets +10%, Banking +17%.
- PBWM revenue +10% to $6.8B; net credit losses surged 89% to $1.37B on card normalization.
- CET1 ratio 13.5% ($14B above minimum); returned $1.5B via dividends and buybacks.
- Book value per share $99.28 (+7% YoY); tangible book value $86.90 (+8% YoY).