Citigroup Historical Income Statement

C Stock

USD 68.95 0.67 0.98%

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.

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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.

Net Income Gross Profit

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.

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

At present, Citigroup's Income Tax Expense is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 37.8 B, whereas Other Operating Expenses is forecasted to decline to about 35.2 B.

Other Operating Expenses Operating Income Ebitda Cost Of Revenue

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.

Cost Of Revenue

Cost of Revenue is found on Citigroup income statement and represents the costs associated with goods and services Citigroup provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

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 Income Tax Expense is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 37.8 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	28.5B	14.7B
Other Operating Expenses	47.5B	51.8B	42.2B	35.2B

Operating Income Other Operating Expenses

Citigroup income statement Correlations

	Interest Expense	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Income Before Tax	Net Income	Income Tax Expense	Depreciation And Amortization	Selling General Administrative	Total Revenue	Gross Profit	Total Other Income Expense Net	Selling And Marketing Expenses	Cost Of Revenue	Minority Interest	Extraordinary Items	Discontinued Operations	Net Income From Continuing Ops	Non Recurring	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation
Interest Expense		0.05	0.24	0.01	0.04	-0.02	-0.15	-0.01	-0.12	0.24	0.72	0.25	0.11	-0.62	0.0	-0.16	-0.36	0.06	-0.3	0.08	0.05	-0.18	0.86	0.8	0.83
Other Operating Expenses	0.05		0.46	0.36	0.44	0.92	0.54	0.38	0.15	0.77	0.19	0.92	0.39	0.28	0.8	-0.59	0.02	-0.06	0.66	0.4	0.74	-0.04	-0.09	-0.03	0.02
Operating Income	0.24	0.46		0.87	0.9	0.56	0.85	0.45	0.38	0.84	0.19	0.68	0.6	0.14	0.12	-0.65	0.14	-0.23	0.33	0.48	-0.03	0.06	0.1	0.37	0.31
Ebit	0.01	0.36	0.87		0.99	0.47	0.88	0.54	0.33	0.66	-0.06	0.56	0.52	0.18	0.03	-0.55	0.06	-0.18	0.27	0.56	-0.17	0.05	-0.14	0.06	0.23
Ebitda	0.04	0.44	0.9	0.99		0.54	0.9	0.55	0.34	0.74	-0.02	0.62	0.54	0.18	0.08	-0.59	0.06	-0.18	0.3	0.57	-0.12	0.04	-0.12	0.1	0.26
Total Operating Expenses	-0.02	0.92	0.56	0.47	0.54		0.58	0.37	0.19	0.81	-0.07	0.79	0.38	0.28	0.58	-0.59	0.07	-0.09	0.54	0.39	0.56	-0.04	-0.12	0.0	0.04
Income Before Tax	-0.15	0.54	0.85	0.88	0.9	0.58		0.53	0.45	0.72	-0.12	0.7	0.73	0.5	0.28	-0.76	0.31	-0.26	0.58	0.56	0.06	0.15	-0.34	-0.13	-0.08
Net Income	-0.01	0.38	0.45	0.54	0.55	0.37	0.53		-0.51	0.45	0.03	0.46	0.49	0.46	0.16	-0.35	-0.27	0.65	0.42	0.99	0.09	-0.72	-0.07	-0.01	0.17
Income Tax Expense	-0.12	0.15	0.38	0.33	0.34	0.19	0.45	-0.51		0.26	-0.13	0.23	0.21	-0.01	0.11	-0.39	0.56	-0.96	0.15	-0.48	-0.04	0.92	-0.26	-0.12	-0.23
Depreciation And Amortization	0.24	0.77	0.84	0.66	0.74	0.81	0.72	0.45	0.26		0.26	0.85	0.5	0.11	0.34	-0.7	0.06	-0.15	0.42	0.47	0.22	-0.08	0.07	0.34	0.36
Selling General Administrative	0.72	0.19	0.19	-0.06	-0.02	-0.07	-0.12	0.03	-0.13	0.26		0.4	-0.04	-0.45	0.28	0.01	-0.33	0.08	-0.03	0.05	0.25	-0.16	0.65	0.67	0.57
Total Revenue	0.25	0.92	0.68	0.56	0.62	0.79	0.7	0.46	0.23	0.85	0.4		0.54	0.21	0.72	-0.69	0.01	-0.11	0.64	0.5	0.6	-0.02	0.04	0.13	0.18
Gross Profit	0.11	0.39	0.6	0.52	0.54	0.38	0.73	0.49	0.21	0.5	-0.04	0.54		0.54	0.31	-0.74	0.33	-0.1	0.49	0.54	0.11	0.02	-0.08	0.03	-0.06
Total Other Income Expense Net	-0.62	0.28	0.14	0.18	0.18	0.28	0.5	0.46	-0.01	0.11	-0.45	0.21	0.54		0.36	-0.27	0.43	0.19	0.64	0.43	0.26	-0.09	-0.51	-0.52	-0.72
Selling And Marketing Expenses	0.0	0.8	0.12	0.03	0.08	0.58	0.28	0.16	0.11	0.34	0.28	0.72	0.31	0.36		-0.34	0.16	-0.06	0.65	0.18	0.9	0.11	-0.07	-0.16	-0.27
Cost Of Revenue	-0.16	-0.59	-0.65	-0.55	-0.59	-0.59	-0.76	-0.35	-0.39	-0.7	0.01	-0.69	-0.74	-0.27	-0.34		-0.36	0.31	-0.48	-0.43	-0.15	-0.15	0.2	0.05	-0.07
Minority Interest	-0.36	0.02	0.14	0.06	0.06	0.07	0.31	-0.27	0.56	0.06	-0.33	0.01	0.33	0.43	0.16	-0.36		-0.5	0.21	-0.24	-0.03	0.54	-0.42	-0.3	-0.57
Extraordinary Items	0.06	-0.06	-0.23	-0.18	-0.18	-0.09	-0.26	0.65	-0.96	-0.15	0.08	-0.11	-0.1	0.19	-0.06	0.31	-0.5		0.02	0.62	0.1	-0.95	0.21	0.07	0.16
Discontinued Operations	-0.3	0.66	0.33	0.27	0.3	0.54	0.58	0.42	0.15	0.42	-0.03	0.64	0.49	0.64	0.65	-0.48	0.21	0.02		0.42	0.64	0.0	-0.43	-0.38	-0.43
Net Income From Continuing Ops	0.08	0.4	0.48	0.56	0.57	0.39	0.56	0.99	-0.48	0.47	0.05	0.5	0.54	0.43	0.18	-0.43	-0.24	0.62	0.42		0.11	-0.7	-0.03	0.0	0.21
Non Recurring	0.05	0.74	-0.03	-0.17	-0.12	0.56	0.06	0.09	-0.04	0.22	0.25	0.6	0.11	0.26	0.9	-0.15	-0.03	0.1	0.64	0.11		-0.02	0.03	-0.14	-0.24
Tax Provision	-0.18	-0.04	0.06	0.05	0.04	-0.04	0.15	-0.72	0.92	-0.08	-0.16	-0.02	0.02	-0.09	0.11	-0.15	0.54	-0.95	0.0	-0.7	-0.02		-0.27	-0.22	-0.36
Net Interest Income	0.86	-0.09	0.1	-0.14	-0.12	-0.12	-0.34	-0.07	-0.26	0.07	0.65	0.04	-0.08	-0.51	-0.07	0.2	-0.42	0.21	-0.43	-0.03	0.03	-0.27		0.88	0.72
Interest Income	0.8	-0.03	0.37	0.06	0.1	0.0	-0.13	-0.01	-0.12	0.34	0.67	0.13	0.03	-0.52	-0.16	0.05	-0.3	0.07	-0.38	0.0	-0.14	-0.22	0.88		0.78
Reconciled Depreciation	0.83	0.02	0.31	0.23	0.26	0.04	-0.08	0.17	-0.23	0.36	0.57	0.18	-0.06	-0.72	-0.27	-0.07	-0.57	0.16	-0.43	0.21	-0.24	-0.36	0.72	0.78

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Citigroup Account Relationship Matchups

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	28.5B	14.7B
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	(15.6B)	(14.8B)
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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How To Invest In Citigroup

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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

3.5

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.

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Citigroup Historical Income Statement

About Citigroup Income Statement Analysis

Citigroup Income Statement Chart

Other Operating Expenses

Operating Income

Cost Of Revenue

Citigroup income statement Correlations

Citigroup Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Citigroup income statement Accounts

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Ebitda	+ 0.99	Ebit
Net Income From Continuing Ops	+ 0.99	Net Income
Total Operating Expenses	+ 0.92	Other Operating Expenses
Total Revenue	+ 0.92	Other Operating Expenses
Tax Provision	+ 0.92	Income Tax Expense
Ebitda	+ 0.9	Operating Income

Extraordinary Items	- 0.96	Income Tax Expense
Tax Provision	- 0.95	Extraordinary Items
Cost Of Revenue	- 0.76	Income Before Tax
Cost Of Revenue	- 0.74	Gross Profit
Reconciled Depreciation	- 0.72	Total Other Income Expense Net
Tax Provision	- 0.72	Net Income