Citigroup Historical Income Statement
C Stock | USD 70.16 0.41 0.59% |
Historical analysis of Citigroup income statement accounts such as Other Operating Expenses of 35.2 B can show how well Citigroup performed in making a profits. Evaluating Citigroup income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Citigroup's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Citigroup latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Citigroup is a good buy for the upcoming year.
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About Citigroup Income Statement Analysis
Citigroup Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Citigroup shareholders. The income statement also shows Citigroup investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Citigroup Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Citigroup. It is also known as Citigroup overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Citigroup operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Citigroup is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Net Income Applicable To Common Shares
The net income that remains after preferred dividends have been deducted, available to common shareholders.Most accounts from Citigroup's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Citigroup current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Citigroup. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Citigroup Stock refer to our How to Trade Citigroup Stock guide.At present, Citigroup's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to about 3.7 B, whereas Other Operating Expenses is forecasted to decline to about 35.2 B.
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 27.5B | 18.8B | 9.4B | 14.2B | Other Operating Expenses | 47.5B | 51.8B | 42.2B | 35.2B |
Citigroup income statement Correlations
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Citigroup Account Relationship Matchups
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Citigroup income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 29.2B | 13.3B | 8.0B | 25.7B | 78.4B | 82.3B | |
Other Operating Expenses | 42.9B | 45.9B | 47.5B | 51.8B | 42.2B | 35.2B | |
Operating Income | 23.9B | 13.6B | 27.5B | 18.8B | 9.4B | 14.2B | |
Ebit | 16.1B | 5.8B | 27.5B | 18.8B | 12.9B | 10.1B | |
Ebitda | 20.0B | 9.7B | 31.4B | 23.1B | 17.5B | 12.6B | |
Total Operating Expenses | 42.9B | 45.9B | 47.5B | 51.8B | 42.2B | 29.5B | |
Income Before Tax | 23.9B | 13.6B | 27.5B | 18.8B | 12.9B | 12.0B | |
Net Income | 19.4B | 11.0B | 22.0B | 14.8B | 9.2B | 8.4B | |
Income Tax Expense | 4.4B | 2.5B | 5.5B | 3.6B | 3.5B | 3.7B | |
Depreciation And Amortization | 3.9B | 3.9B | 4.0B | 4.3B | 4.6B | 2.7B | |
Selling General Administrative | 7.1B | 7.4B | 7.8B | 8.6B | 29.3B | 17.2B | |
Total Revenue | 66.8B | 59.6B | 75.0B | 70.6B | 70.7B | 61.6B | |
Gross Profit | 66.8B | 25.0B | 36.1B | 29.4B | 25.6B | 37.8B | |
Total Other Income Expense Net | 23.9B | 2.5B | 5.5B | 3.6B | 3.5B | 3.4B | |
Selling And Marketing Expenses | 1.5B | 1.2B | 1.5B | 1.6B | 1.4B | 1.4B | |
Cost Of Revenue | 33.4B | 34.6B | 38.9B | 41.1B | 45.1B | 35.1B | |
Net Income Applicable To Common Shares | 19.4B | 11.0B | 20.8B | 13.7B | 12.3B | 9.9B | |
Minority Interest | 66M | 40M | (73M) | (89M) | (153M) | (145.4M) | |
Extraordinary Items | (4M) | (20M) | 7M | (231M) | (207.9M) | (218.3M) | |
Discontinued Operations | (4M) | (20M) | 7M | (231M) | (265.7M) | (252.4M) | |
Net Income From Continuing Ops | 19.5B | 11.1B | 22.0B | 15.2B | 9.4B | 12.5B | |
Tax Provision | 4.4B | 2.6B | 5.5B | 3.6B | 3.5B | 6.1B | |
Net Interest Income | 47.3B | 43.5B | 42.5B | 48.7B | 54.9B | 51.2B | |
Interest Income | 76.5B | 58.1B | 50.5B | 74.4B | 133.3B | 78.3B | |
Reconciled Depreciation | 3.9B | 3.9B | 4.0B | 4.3B | 4.6B | 4.4B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Citigroup. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Citigroup Stock refer to our How to Trade Citigroup Stock guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Citigroup. If investors know Citigroup will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Citigroup listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.07) | Dividend Share 2.15 | Earnings Share 3.51 | Revenue Per Share 36.345 | Quarterly Revenue Growth (0.02) |
The market value of Citigroup is measured differently than its book value, which is the value of Citigroup that is recorded on the company's balance sheet. Investors also form their own opinion of Citigroup's value that differs from its market value or its book value, called intrinsic value, which is Citigroup's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Citigroup's market value can be influenced by many factors that don't directly affect Citigroup's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Citigroup's value and its price as these two are different measures arrived at by different means. Investors typically determine if Citigroup is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Citigroup's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.