Citigroup Inc BLW Income Statement

Citigroup inc (BLW)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08
Revenues
Interest and Dividend Income, Operating
17,139	18,545	19,177	19,712	19,076	18,776	18,170	17,550	16,332	15,850	15,914	15,294	14,521	14,812	14,653	14,356	14,167	14,364	14,714	14,873	14,600	15,260	15,512	15,561	15,350	15,707	15,463	15,840	15,960	16,338	16,737	16,686	17,537	16,972	18,145	18,586	18,155	18,077	19,311	20,356	20,852	17,466	18,678	19,671	20,583	26,130
Interest Expense
5,647	6,548	7,536	7,762	7,317	6,853	6,368	5,885	5,160	4,537	4,379	4,036	3,566	3,278	3,174	3,120	2,940	2,901	2,941	3,051	3,028	3,159	3,325	3,615	3,591	3,737	3,952	4,158	4,330	4,653	5,026	5,343	5,590	5,687	6,031	6,438	6,053	6,154	6,183	6,429	6,291	6,723	6,680	6,842	7,657	12,726
Net interest revenue
11,492	11,997	11,641	11,950	11,759	11,923	11,802	11,665	11,172	11,313	11,535	11,258	10,955	11,534	11,479	11,236	11,227	11,463	11,773	11,822	11,572	12,101	12,187	11,946	11,759	11,970	11,511	11,682	11,630	11,685	11,711	11,343	11,947	11,285	12,114	12,148	12,102	11,923	13,128	13,927	14,561	10,743	11,998	12,829	12,926	13,404
Commissions and fees
3,021	3,033	2,906	2,881	2,926	2,913	2,803	3,111	3,030	3,155	3,241	3,256	3,055	3,846	2,644	2,725	2,463	5,389	2,732	3,194	3,170	3,127	3,280	3,441	3,184	3,152	3,061	3,293	3,435	3,156	3,258	3,032	3,138	2,697	3,043	3,557	3,368	3,369	3,248	3,229	3,645	3,535	3,698	4,084	4,168	3,208
Principal transactions
5,261	1,412	2,802	1,874	2,804	1,173	2,364	2,126	3,242	955	2,248	2,643	3,094	1,963	2,238	1,816	1,840	537	1,327	2,173	1,971	418	1,549	1,843	2,888	965	1,149	2,684	2,504	433	976	1,640	1,931	-652	2,103	2,616	3,167	-1,046	2,085	2,362	4,116	-733	1,343	1,788	3,670	-3,013
Administration and other fiduciary fees
854	823	880	869	839	830	911	934	905	912	929	909	834	743	862	878	811	29	870	995	962	946	1,029	1,029	1,009	970	968	1,083	1,068	1,020	974	1,037	981	885	945	1,068	1,097	1,097	976	910	1,022	1,032	1,085	1,472	1,606	2,081
Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment Loss
432	515	361	468	130	80	69	102	170	152	213	221	192	276	287	200	186	41	151	183	307	222	136	84	128	-16	63	251	450	438	615	273	1,925	69	765	583	580	388	962	523	538	277	427	535	757	150
Impairment losses on investments
Gross impairment losses
55	-	14	5	8	-	70	15	28	-	15	20	12	5	32	118	465	70	80	43	72	95	99	37	201	133	66	162	272	68	3,470	172	1,327	342	148	190	1,733	258	230	457	550	1,101	2,453	2,329	1,379	755
Less: Impairments recognized in AOCI
-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	0	0	0	0	0	8	0	0	60	27	0	11	0	0	44	22	202	2	-19	-26	28	10	3	43	-8,362	1,741	1,634	631	-
Net impairment losses recognized in earnings
55	5	14	5	8	19	70	15	28	16	15	20	12	5	32	118	465	70	80	43	72	95	91	37	201	73	39	162	261	68	3,470	128	1,305	230	146	171	1,707	230	220	454	507	751	712	695	748	755
Insurance premiums
-	-	-	-	-	-	-	-	-	-	-	-	-	-	184	217	264	-	464	482	497	497	530	538	545	552	556	582	590	562	597	601	635	547	658	684	672	575	655	636	748	757	763	745	755	823
Other revenue (loss)
-274	603	-2	721	126	224	510	546	381	1,033	268	-112	248	242	98	594	1,229	2,510	1,455	664	1,329	683	1,069	581	894	564	635	1,075	832	808	-958	589	154	1,551	1,349	137	447	1,470	-96	938	1,298	-9,455	1,788	9,211	1,387	360
Total non-interest revenues
9,239	6,381	6,933	6,808	6,817	5,201	6,587	6,804	7,700	6,191	6,884	6,897	7,411	6,400	6,281	6,312	6,328	6,993	6,919	7,648	8,164	5,798	7,502	7,479	8,447	6,114	6,393	8,806	8,618	6,349	1,992	7,044	7,459	4,867	8,717	8,474	7,624	5,623	7,610	8,144	10,860	-5,338	8,392	17,140	11,595	2,854
Revenues
20,731	18,378	18,574	18,758	18,576	17,124	18,389	18,469	18,872	17,504	18,419	18,155	18,366	17,934	17,760	17,548	17,555	18,456	18,692	19,470	19,736	17,899	19,689	19,425	20,206	18,084	17,904	20,488	20,248	18,034	13,703	18,387	19,406	16,152	20,831	20,622	19,726	17,546	20,738	22,071	25,421	5,405	20,390	29,969	24,521	16,258
Provisions for credit losses and for benefits and claims
Financing Receivable, Credit Loss, Expense (Reversal)
6,444	2,123	2,062	2,089	1,944	1,850	1,906	1,795	1,803	2,016	2,146	1,666	1,675	1,727	1,746	1,390	1,886	2,256	1,582	1,515	1,755	1,881	1,575	1,579	1,793	1,911	1,652	1,827	2,214	2,719	2,436	2,475	2,828	2,207	3,049	3,181	2,899	4,406	5,666	6,523	8,366	7,841	8,771	12,233	9,915	8,943
Debt Securities, Held-to-maturity, Credit Loss Expense (Reversal)
6	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for credit losses on other assets
-4	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Policyholder benefits and claims
24	25	17	19	12	28	26	21	26	28	28	23	30	32	35	49	88	164	189	181	197	206	205	182	208	195	204	200	231	219	225	214	229	234	259	219	260	238	227	213	287	294	324	308	332	274
Off-Balance Sheet, Credit Loss, Liability, Credit Loss Expense (Reversal)
557	-	-	-	24	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision (release) for unfunded lending commitments
-	-	9	-15	-	47	42	-4	28	29	-175	28	-43	33	-45	-30	71	94	65	-48	-37	-74	-30	-31	-27	-34	103	-3	14	56	-41	7	-38	20	43	13	-25	-197	-26	71	35	-439	0	135	60	-150
Total provisions for credit losses and for benefits and claims
7,027	2,222	2,088	2,093	1,980	1,925	1,974	1,812	1,857	2,073	1,999	1,717	1,662	1,792	1,736	1,409	2,045	2,514	1,836	1,648	1,915	2,013	1,750	1,730	1,974	2,072	1,959	2,024	2,459	2,994	2,620	2,696	3,019	2,437	3,351	3,387	3,184	4,607	5,919	6,665	8,618	8,184	9,095	12,676	10,307	9,067
Operating expenses
Compensation and benefits
5,654	5,065	5,329	5,381	5,658	4,576	5,319	5,452	5,807	4,880	5,304	5,463	5,534	4,982	5,203	5,229	5,556	5,445	5,321	5,483	5,520	5,807	6,114	6,028	6,010	5,729	5,828	6,075	6,335	6,511	6,113	6,110	6,385	6,313	6,223	6,669	6,409	6,132	6,117	5,961	6,162	6,257	6,136	6,359	6,235	7,544
Premises and equipment
565	615	580	569	564	596	565	570	593	621	608	604	620	625	624	642	651	710	722	737	709	750	804	819	805	796	763	762	844	822	842	803	799	793	860	832	825	779	838	824	830	488	1,035	1,091	1,083	1,342
Technology/communication
1,723	1,850	1,783	1,724	1,720	1,832	1,806	1,797	1,758	1,787	1,764	1,695	1,663	1,701	1,694	1,657	1,649	1,697	1,628	1,656	1,600	1,657	1,630	1,619	1,530	1,552	1,568	1,486	1,530	1,544	1,440	1,463	1,382	1,260	1,306	1,275	1,214	1,295	1,257	1,195	1,199	1,805	1,114	1,154	1,142	1,515
Advertising and marketing
328	345	378	434	359	375	378	411	381	386	417	432	373	406	403	433	390	371	391	393	392	484	442	460	458	501	458	480	449	496	589	576	503	609	635	627	397	445	458	367	302	413	317	351	334	496
Restructuring
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-34	-34	-32	-13	8
Other operating
2,324	2,579	2,394	2,392	2,283	2,514	2,243	2,482	2,386	2,658	2,324	2,566	2,533	3,328	2,480	2,408	2,277	2,911	2,607	2,659	2,663	5,728	3,965	6,595	3,346	3,714	3,062	3,346	3,130	4,258	3,108	3,042	3,250	3,553	3,436	3,533	3,481	3,296	2,850	3,519	3,025	3,385	3,256	3,076	2,904	3,102
Total operating expenses
10,594	10,454	10,464	10,500	10,584	9,893	10,311	10,712	10,925	10,332	10,417	10,760	10,723	11,042	10,404	10,369	10,523	11,134	10,669	10,928	10,884	14,426	12,955	15,521	12,149	12,292	11,679	12,149	12,288	13,631	12,092	11,994	12,319	12,528	12,460	12,936	12,326	11,947	11,520	11,866	11,518	12,314	11,824	11,999	11,685	14,007
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest
3,110	5,702	6,022	6,165	6,012	5,306	6,104	5,945	6,090	5,099	6,003	5,678	5,981	5,100	5,620	5,770	4,987	4,808	6,187	6,894	6,937	1,460	4,984	2,174	6,083	3,720	4,266	6,315	5,501	1,409	-1,009	3,697	4,068	1,187	5,020	4,299	4,216	992	3,299	3,540	5,285	-15,093	-529	5,294	2,529	-6,816
Income Tax Expense (Benefit)
576	703	1,079	1,373	1,275	1,001	1,471	1,444	1,441	23,864	1,866	1,795	1,863	1,509	1,733	1,723	1,479	1,403	1,881	2,036	2,120	1,077	2,068	1,921	2,131	1,409	1,080	2,127	1,570	167	-1,494	718	1,006	145	1,278	967	1,185	-329	698	812	1,036	-7,353	-1,122	907	835	-3,295
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
2,534	4,999	4,943	4,792	4,737	4,305	4,633	4,501	4,649	-18,765	4,137	3,883	4,118	3,591	3,887	4,047	3,508	3,405	4,306	4,858	4,817	383	2,916	253	3,952	2,311	3,186	4,188	3,931	1,242	485	2,979	3,062	1,042	3,742	3,332	3,031	1,321	2,601	2,728	4,249	-7,740	593	4,387	1,694	-3,521
Discontinued operations
Loss from discontinued operations
-18	-4	-15	-10	-2	-9	-8	-2	-7	-100	-9	33	-28	-4	-37	-36	-3	-69	-15	9	-8	-2	-25	-3	40	-223	33	51	-103	-110	-1	5	-3	-113	-5	-17	60	140	8	-3	-5	-18	-204	-279	-152	507
Gain on sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	206	6	0	56	0	0	0	-1	9	16	126	4	-12	-784	0	94	100	0	14	-12	9
Benefit for income taxes
0	0	0	-27	0	-	0	-17	-	9	-4	12	-10	-1	-7	-13	-1	-24	-5	3	-3	-1	-9	19	3	-198	-53	21	-14	-42	-9	-2	1	-60	10	38	24	-22	-402	0	-122	-150	214	-123	-47	-97
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
-18	-4	-15	17	-2	-8	-8	15	-7	-109	-5	21	-18	-3	-30	-23	-2	-45	-10	6	-5	-1	-16	-22	37	181	92	30	-33	-68	8	7	-5	-44	1	71	40	150	-374	-3	211	232	-418	-142	-117	613
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
2,516	4,995	4,928	4,809	4,735	4,297	4,625	4,516	4,642	-18,874	4,132	3,904	4,100	3,588	3,857	4,024	3,506	3,360	4,296	4,864	4,812	382	2,900	231	3,989	2,492	3,278	4,218	3,898	1,174	493	2,986	3,057	998	3,743	3,403	3,071	1,471	2,227	2,725	4,460	-7,508	175	4,245	1,577	-2,908
Noncontrolling interests
-6	16	15	10	25	-16	3	26	22	19	-1	32	10	15	17	26	5	25	5	18	42	38	59	50	45	50	51	36	90	28	25	40	126	42	-28	62	72	162	59	28	32	71	74	-34	-16	-93
Citigroup’s net income
2,522	4,979	4,913	4,799	4,710	4,313	4,622	4,490	4,620	-18,893	4,133	3,872	4,090	3,573	3,840	3,998	3,501	3,335	4,291	4,846	4,770	344	2,841	181	3,944	2,442	3,227	4,182	3,808	1,146	468	2,946	2,931	956	3,771	3,341	2,999	1,309	2,168	2,697	4,428	-7,579	101	4,279	1,593	-2,815
Basic earnings per share
Income from continuing operations (in dollars per share)
1.06	2.17	2.09	1.94	1.88	1.65	1.74	1.62	1.68	-6.99	1.42	1.27	1.36	1.13	1.25	1.25	1.11	1.05	1.36	1.51	1.51	0.06	0.89	0.03	1.23	0.70	0.98	1.34	1.24	0.40	0.15	0.98	0.98	0.33	1.27	1.10	1.01	1.71	0.85	0.93	0.15	-7.73	-0.23	0.51	-0.16	-0.72
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share
-0.01	0.00	-0.01	0.01	0.00	-0.01	0.00	0.01	0.00	-0.04	0.00	0.01	-0.01	0.00	-0.01	-0.01	0.00	-0.02	0.00	0.00	0.00	0.01	-0.01	-0.01	0.01	0.06	0.03	0.01	-0.01	-	-	-	-	-0.02	0.01	0.02	0.01	0.05	-0.11	0.06	0.01	-0.30	-0.04	-0.02	-0.02	0.11
Net income (in dollars per share)
1.05	2.16	2.09	1.95	1.88	1.65	1.73	1.63	1.68	-7.03	1.42	1.28	1.35	1.14	1.24	1.24	1.10	1.02	1.36	1.52	1.51	0.06	0.88	0.03	1.24	0.76	1.01	1.35	1.23	0.38	0.15	0.98	0.98	0.32	1.27	1.12	1.02	1.83	0.74	0.93	0.15	-8.03	-0.27	0.49	-0.18	-0.61
Weighted Average Number of Shares Outstanding, Basic
2,097	2,149	2,220	2,286	2,340	2,400	2,479	2,530	2,561	2,606	2,683	2,739	2,765	2,813	2,879	2,915	2,943	2,968	2,993	3,020	3,034	3,025	3,029	3,033	3,037	3,028	3,034	3,040	3,040	2,942	2,926	2,926	2,926	2,915	2,910	2,908	2,904	-22,706	2,887	2,884	28,444	-18,261	12,104	5,399	5,385	5,341
Diluted earnings per share
Income from continuing operations (in dollars per share)
1.06	2.15	2.08	1.94	1.87	1.65	1.74	1.62	1.68	-6.99	1.42	1.27	1.36	1.13	1.25	1.25	1.11	1.04	1.36	1.51	1.51	0.07	0.88	0.03	1.22	0.70	0.98	1.33	1.24	0.38	0.15	0.95	0.96	0.33	1.23	1.07	0.97	1.66	0.83	0.90	0.14	-7.73	-0.23	0.51	-0.16	-0.72
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share
-0.01	0.00	-0.01	0.01	0.00	-0.01	0.00	0.01	0.00	-0.04	0.00	0.01	-0.01	0.00	-0.01	-0.01	0.00	-0.02	0.00	0.00	0.00	0.01	-0.01	-0.01	0.01	0.06	0.03	0.01	-0.01	-	-	-	-	-0.02	0.01	0.02	0.01	0.05	-0.11	0.06	0.01	-0.30	-0.04	-0.02	-0.02	0.11
Net income (in dollars per share)
1.05	2.15	2.07	1.95	1.87	1.64	1.73	1.63	1.68	-7.03	1.42	1.28	1.35	1.14	1.24	1.24	1.10	1.03	1.35	1.51	1.51	0.06	0.88	0.03	1.23	0.77	1.00	1.34	1.23	0.37	0.15	0.95	0.95	0.32	1.23	1.09	0.99	1.77	0.72	0.90	0.15	-8.03	-0.27	0.49	-0.18	-0.61
Weighted Average Number of Shares Outstanding, Diluted
2,113	2,192	2,237	2,289	2,342	2,402	2,481	2,532	2,563	2,605	2,683	2,739	2,765	2,814	2,880	2,915	2,943	2,969	2,996	3,025	3,039	3,031	3,034	3,038	3,043	3,034	3,040	3,046	3,044	3,017	3,015	3,015	3,014	3,003	2,998	2,997	2,996	-23,415	2,977	2,975	29,333	-19,297	12,216	5,967	5,953	5,831