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Jan 13, 2023 · Citigroup net income of $2.5 billion in the fourth quarter 2022 decreased 21% from the prior-year period, primarily driven by the higher cost of credit, partially offset by the higher revenues and lower expenses. Citigroup’s effective tax rate was 20.2% in the current quarter versus 19.5% in the fourth quarter 2021.
Apr 14, 2022 · Citigroup net income of $4.3 billion in the first quarter 2022 decreased 46% from the prior-year period, driven by the higher cost of credit, the higher expenses, and the lower revenues. Citigroup's effective tax rate was 18% in the current quarter versus 23% in the first quarter 2021.
Our Markets business closed 2022 with revenues up 7% from 2021, ending the year with one of the best fourth quarters in recent memory. Our traders navigated the volatility quite well, with notable performance amongst corporate clients and strong gains in FX and rates. And together with our Corporate Bank, our Markets team
Jan 13, 2023 · Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States.
Jan 13, 2023 · Please view Citi’ s fourth quarter and full year 2022 earnings press release on its website http://www.citigroup.com/citi/investor. Citigroup will host a conference call today at 11:00 AM.
Jul 15, 2022 · Key Points. Citigroup second-quarter earnings beat analysts' expectations as the firm benefited from rising interest rates and strong trading results. Of the four major banks to report...
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Citigroup Inc. New York, July 15, 2022 – Citigroup Inc. today reported net income for the second quarter 2022 of $4.5 billion, or $2.19 per diluted share, on revenues of $19.6 billion. This compared to net income of $6.2 billion, or $2.85 per diluted share, on revenues of $17.8 billion for the second quarter 2021.