Categories AlphaGraphs, Finance

Infographic: Key highlights from Citigroup (C) Q2 2021 earnings results

Citigroup Inc. (NYSE: C) reported second quarter 2021 earnings results today.

Total revenues dropped 12% year-over-year to $17.5 billion, driven by market normalization in Fixed Income Markets and lower average card loans in Global Consumer Banking.   

Net income was $6.2 billion, or $2.85 per share, compared to $1.1 billion, or $0.38 per share, in the prior-year period. The growth in net income was driven by lower cost of credit.

End-of-period deposits were $1.3 trillion, up 6% on a reported basis and 4% in constant dollars.

Prior performance

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

Stitch Fix (SFIX) Stock: Will the innovative biz model survive virus-led slump?

The business world is still struggling to come out of the virus-induced slowdown, but it seems almost every retail segment benefited from the pandemic at some point. The vaccination drive

General Mills (GIS): Three factors that are expected to help drive growth for the food company going forward

Shares of General Mills Inc. (NYSE: GIS) were up 3.2% on Wednesday after the company delivered better-than-expected results for the first quarter of 2022. Net sales rose 4% year-over-year to

IPO Alert: Allvue Systems sets IPO terms, to raise around $290 million

It is estimated that the alternative investments industry has expanded at a compound annual rate of 10.2% over the past ten years and had $11 trillion in assets under management

Add Comment
Viewing Highlight