Citigroup Inc C Income Statement

Citigroup inc (C)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08	Dec'07
Revenues
Interest and Dividend Income, Operating
76,510	70,828	61,579	57,988	58,551	61,683	62,970	67,298	71,858	78,596	76,398	106,499	121,347
Interest Expense
29,163	24,266	16,518	12,512	11,921	13,690	16,177	20,612	24,209	25,057	27,902	52,750	75,958
Net interest revenue
47,347	46,562	45,061	45,476	46,630	47,993	46,793	46,686	47,649	53,539	48,496	53,749	45,389
Commissions and fees
11,746	11,857	12,707	11,678	14,485	13,032	12,941	12,584	12,665	13,491	15,485	12,855	20,068
Principal transactions
8,892	8,905	8,940	7,857	6,008	6,698	7,302	4,980	7,234	7,517	6,068	-23,889	-12,347
Administration and other fiduciary fees
3,411	3,580	3,584	3,294	2,856	4,013	4,089	4,012	3,995	4,005	5,195	8,222	8,860
Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment Loss
1,474	421	778	949	682	570	748	3,251	1,997	2,411	1,996	679	1,168
Impairment losses on investments
Gross impairment losses
-	-	-	620	265	432	633	5,037	2,413	1,495	7,262	2,740	-
Less: Impairments recognized in AOCI
-	-	-	-	0	8	98	66	159	84	-4,356	-	-
Net impairment losses recognized in earnings
32	132	63	620	265	424	535	4,971	2,254	1,411	2,906	2,740	-
Insurance premiums
-	-	-	-	-	2,110	2,280	2,395	2,561	2,614	3,020	3,221	3,062
Other revenue (loss)
1,448	1,661	1,437	2,163	5,958	3,227	3,106	593	3,484	3,610	2,931	-498	11,100
Total non-interest revenues
26,939	26,292	27,383	25,321	29,724	29,226	29,931	22,844	29,682	32,237	31,789	-2,150	31,911
Revenues
74,286	72,854	72,444	70,797	76,354	77,219	76,724	69,530	77,331	85,776	80,285	51,599	77,300
Provisions for credit losses and for benefits and claims
Financing Receivable, Credit Loss, Expense (Reversal)
8,218	7,354	7,503	6,749	7,108	6,828	7,604	10,458	11,336	24,961	38,760	33,674	16,832
Policyholder benefits and claims
73	101	109	204	731	801	830	887	972	965	1,258	1,403	935
Provision (release) for unfunded lending commitments
92	113	-161	29	74	-162	80	-16	51	-117	-244	-363	150
Total provisions for credit losses and for benefits and claims
8,383	7,568	7,451	6,982	7,913	7,467	8,514	11,329	12,359	25,809	40,262	34,714	17,917
Operating expenses
Compensation and benefits
21,433	21,154	21,181	20,970	21,769	23,959	23,967	25,119	25,614	24,372	24,987	31,096	32,705
Premises and equipment
2,328	2,324	2,453	2,542	2,878	3,178	3,165	3,266	3,310	3,271	3,697	4,217	4,837
Technology/communication
7,077	7,193	6,909	6,701	6,581	6,436	6,136	5,829	5,055	4,946	5,215	7,093	5,620
Advertising and marketing
1,516	1,545	1,608	1,632	1,547	1,844	1,888	2,164	2,268	1,572	1,415	2,188	2,729
Restructuring
-	-	-	-	-	-	-	-	-	-	-113	1,550	1,528
Other operating
9,648	9,625	10,081	10,493	10,840	19,634	13,252	13,658	14,003	12,690	12,621	23,096	11,318
Total operating expenses
42,002	41,841	42,232	42,338	43,615	55,051	48,408	50,036	50,250	46,851	47,822	69,240	58,737
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest
23,901	23,445	22,761	21,477	24,826	14,701	19,802	8,165	14,722	13,116	-7,799	-52,355	646
Income Tax Expense (Benefit)
4,430	5,357	29,388	6,444	7,440	7,197	6,186	397	3,575	2,217	-6,733	-20,326	-2,546
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
19,471	18,088	-6,627	15,033	17,386	7,504	13,616	7,768	11,147	10,899	-1,066	-32,029	3,192
Discontinued operations
Loss from discontinued operations
-31	-26	-104	-80	-83	10	-242	-109	-75	140	-653	784	1,052
Gain on sale
-	-	-	-	-	-	268	-1	155	-702	102	3,139	-
Benefit for income taxes
-27	-18	7	-22	-29	12	-244	-52	12	-546	-106	-79	344
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
-4	-8	-111	-58	-54	-2	270	-58	68	-16	-445	4,002	708
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
19,467	18,080	-6,738	14,975	17,332	7,502	13,886	7,710	11,215	10,883	-1,511	-28,027	3,900
Noncontrolling interests
66	35	60	63	90	192	227	219	148	281	95	-343	283
Citigroup’s net income
19,401	18,045	-6,798	14,912	17,242	7,310	13,659	7,491	11,067	10,602	-1,606	-27,684	3,617
Basic earnings per share
Income from continuing operations (in dollars per share)
8.08	6.69	-2.94	4.74	5.43	2.21	4.26	2.51	3.71	3.64	-7.61	-6.39	0.53
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share
0.00	0.00	-0.04	-0.02	-0.02	0.00	0.09	-0.02	0.02	0.01	-0.38	0.76	0.15
Net income (in dollars per share)
8.08	6.69	-2.98	4.72	5.41	2.21	4.35	2.49	3.73	3.65	-7.99	-5.63	0.68
Weighted Average Number of Shares Outstanding, Basic
2,249	2,493	2,698	2,888	3,004	3,031	3,035	2,930	2,909	2,877	1,156	5,265	4,905
Diluted earnings per share
Income from continuing operations (in dollars per share)
8.04	6.69	-2.94	4.74	5.42	2.20	4.25	2.44	3.60	3.53	-7.61	-6.39	0.53
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share
0.00	0.00	-0.04	-0.02	-0.02	0.00	0.09	-0.02	0.02	0.01	-0.38	0.76	0.14
Net income (in dollars per share)
8.04	6.68	-2.98	4.72	5.40	2.20	4.34	2.42	3.63	3.54	-7.99	-5.63	0.67
Weighted Average Number of Shares Outstanding, Diluted
2,265	2,494	2,698	2,888	3,007	3,037	3,041	3,015	2,998	2,967	1,209	5,768	4,924