Cash flow Citigroup Inc.

Equities

C

US1729674242

Investment Banking & Brokerage Services

Market Closed - Nyse Other stock markets 01:30:02 10/09/2024 am IST			5-day change	1st Jan Change
59.54 ^USD	+0.76%		-4.95%	+15.75%

12:41am	Hewlett Packard shares fall on $1.35 billion convertible stock offering for Juniper buyout	RE
09/09	Citi CFO expects investment banking fees to rise 20% in third quarter	RE

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Published financial data: CITIGROUP INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Interest Income On Loans	7.65TCr	5.81TCr	5.05TCr	7.44TCr	13TCr
Interest Income, Total	7.65TCr	5.81TCr	5.05TCr	7.44TCr	13TCr
Interest On Deposits	2.92TCr	1.45TCr	798.1Cr	2.57TCr	7.84TCr
Interest Expense, Total	2.92TCr	1.45TCr	798.1Cr	2.57TCr	7.84TCr
Net Interest Income	4.73TCr	4.35TCr	4.25TCr	4.87TCr	5.49TCr
Trust Income	341.1Cr	347.2Cr	394.3Cr	378.4Cr	378.1Cr
Income From Trading Activities	889.2Cr	1.39TCr	1.02TCr	1.42TCr	1.09TCr
Gain (Loss) on Sale of Assets	-	-	-70Cr	5.5Cr	156.4Cr
Gain (Loss) on Sale of Invest. & Securities - (Rev)	144.2Cr	158.1Cr	46Cr	-46Cr	-12Cr
Total Other Non Interest Income	1.32TCr	1.18TCr	1.55TCr	909.9Cr	740.8Cr
Non Interest Income, Total	2.69TCr	3.07TCr	2.94TCr	2.66TCr	2.36TCr
Revenues Before Provison For Loan Losses	7.43TCr	7.43TCr	7.19TCr	7.53TCr	7.85TCr
Provision For Loan Losses	821.8Cr	1.59TCr	-310.3Cr	474.5Cr	778.6Cr
Total Revenues	6.61TCr	5.84TCr	7.5TCr	7.06TCr	7.07TCr
Salaries And Other Employee Benefits	1.99TCr	2.08TCr	2.34TCr	2.48TCr	2.74TCr
Occupancy Expense	124.4Cr	127.9Cr	125.3Cr	127.2Cr	145.8Cr
Selling General & Admin Expenses, Total	1.12TCr	1.11TCr	1.21TCr	1.3TCr	1.34TCr
Total Other Non Interest Expense	981.3Cr	1.16TCr	1.08TCr	1.26TCr	1.48TCr
Non Interest Expense, Total	4.22TCr	4.47TCr	4.75TCr	5.18TCr	5.7TCr
EBT, Excl. Unusual Items	2.39TCr	1.36TCr	2.75TCr	1.88TCr	1.37TCr
Restructuring Charges	-	-	-	-	-78Cr
EBT, Incl. Unusual Items	2.39TCr	1.36TCr	2.75TCr	1.88TCr	1.29TCr
Income Tax Expense	443Cr	252.5Cr	545.1Cr	364.2Cr	352.8Cr
Earnings From Continuing Operations	1.95TCr	1.11TCr	2.2TCr	1.52TCr	938.2Cr
Earnings Of Discontinued Operations	-40L	-2Cr	70L	-23Cr	-10L
Net Income to Company	1.95TCr	1.11TCr	2.2TCr	1.49TCr	938.1Cr
Minority Interest	-6.6Cr	-4Cr	-7.3Cr	-8.9Cr	-15Cr
Net Income - (IS)	1.94TCr	1.1TCr	2.2TCr	1.48TCr	922.8Cr
Preferred Dividend and Other Adjustments	123Cr	116.8Cr	119.4Cr	114.5Cr	137.8Cr
Net Income to Common Incl Extra Items	1.82TCr	987.9Cr	2.08TCr	1.37TCr	785Cr
Net Income to Common Excl. Extra Items	1.82TCr	989.9Cr	2.08TCr	1.39TCr	785.1Cr
Per Share Items
Net EPS - Basic	8.08	4.74	10.21	7.04	4.07
Basic EPS - Continuing Operations	8.08	4.75	10.21	7.16	4.07
Basic Weighted Average Shares Outstanding	224.92Cr	208.58Cr	203.3Cr	194.67Cr	193.01Cr
Net EPS - Diluted	8.04	4.72	10.14	7	4.04
Diluted EPS - Continuing Operations	8.04	4.73	10.14	7.11	4.04
Diluted Weighted Average Shares Outstanding	226.53Cr	209.9Cr	204.94Cr	196.43Cr	195.58Cr
Normalized Basic EPS	6.61	4.07	8.41	5.99	4.35
Normalized Diluted EPS	6.57	4.04	8.34	5.94	4.3
Dividend Per Share	1.92	2.04	2.04	2.04	2.08
Payout Ratio	28.08	48.45	23.68	33.7	56.48
American Depositary Receipts Ratio (ADR)	0.17	0.17	0.17	0.17	0.17
Supplemental Items
Effective Tax Rate - (Ratio)	18.53	18.52	19.84	19.37	27.33
Current Domestic Taxes	69Cr	74Cr	75Cr	68Cr	14Cr
Current Foreign Taxes	435.2Cr	411.3Cr	328.8Cr	410.6Cr	580.7Cr
Total Current Taxes	504Cr	485.8Cr	403.8Cr	478.3Cr	594.4Cr
Deferred Domestic Taxes	-62Cr	-164.3Cr	140.5Cr	-149.4Cr	-198.4Cr
Deferred Foreign Taxes	1Cr	-69Cr	80L	35Cr	-43Cr
Total Deferred Taxes	-61Cr	-233.3Cr	141.3Cr	-114.1Cr	-241.6Cr
Normalized Net Income	1.49TCr	848Cr	1.71TCr	1.17TCr	840.39Cr
Non-Cash Pension Expense	-7.7Cr	-14Cr	-1Cr	8.5Cr	17Cr
Supplemental Operating Expense Items
Stock-Based Comp., SG&A Exp. (Total)	152.4Cr	146.4Cr	168.5Cr	183.9Cr	181.9Cr
Total Stock-Based Compensation	152.4Cr	146.4Cr	168.5Cr	183.9Cr	181.9Cr

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	16TCr	28TCr	23TCr	33TCr	24TCr
Investment Securities, Total	54TCr	65TCr	74TCr	79TCr	75TCr
Trading Asset Securities, Total	28TCr	21TCr	20TCr	20TCr	21TCr
Mortgage Backed Securities	8.44TCr	9.55TCr	9.93TCr	10TCr	11TCr
Total investments	90TCr	95TCr	1,03800Cr	1,09300Cr	1,07900Cr
Gross Loans	70TCr	68TCr	67TCr	66TCr	69TCr
Allowance For Loan Losses	-1.28TCr	-2.5TCr	-1.65TCr	-1.7TCr	-1.81TCr
Other Adjustments to Gross Loans	-81Cr	-84Cr	-80Cr	-80Cr	-92Cr
Net Loans	69TCr	65TCr	65TCr	64TCr	67TCr
Net Property Plant And Equipment	310Cr	280Cr	290Cr	2.63TCr	2.87TCr
Goodwill	2.21TCr	2.22TCr	2.13TCr	1.97TCr	2.01TCr
Other Intangibles, Total	432.7Cr	441.1Cr	409.1Cr	376.3Cr	373Cr
Accrued Interest Receivable	-	-	-	500Cr	500Cr
Other Receivables	3.99TCr	4.48TCr	5.43TCr	5.42TCr	5.39TCr
Restricted Cash	3.88TCr	2.74TCr	2.71TCr	1.88TCr	2.29TCr
Other Current Assets, Total	-	17TCr	15TCr	13TCr	20TCr
Deferred Tax Assets Long-Term (Collected)	2.9TCr	3.1TCr	2.98TCr	3.34TCr	3.55TCr
Other Real Estate Owned And Foreclosed	6.1Cr	4.3Cr	2.7Cr	1.5Cr	3.6Cr
Other Long-Term Assets, Total	7.61TCr	7.72TCr	8.23TCr	6.42TCr	5.22TCr
Total Assets	1,95100Cr	2,26000Cr	2,29100Cr	2,41700Cr	2,41200Cr
Liabilities
Accrued Expenses, Total	4.86TCr	5.05TCr	6.14TCr	6.92TCr	6.35TCr
Interest Bearing Deposits	85TCr	1,02900Cr	98TCr	94TCr	89TCr
Institutional Deposits	3.93TCr	2.4TCr	8.21TCr	21TCr	22TCr
Non-Interest Bearing Deposits	18TCr	23TCr	26TCr	22TCr	20TCr
Total Deposits	1,07100Cr	1,28100Cr	1,31700Cr	1,36600Cr	1,30900Cr
Short-Term Borrowings	26TCr	30TCr	27TCr	31TCr	37TCr
Current Portion of Long-Term Debt	4.28TCr	5.08TCr	3.3TCr	3.25TCr	4.85TCr
Current Portion of Leases	80Cr	79Cr	76Cr	70Cr	73Cr
Long-Term Debt	20TCr	22TCr	22TCr	23TCr	23TCr
Federal Home Loan Bank Debt - Long-Term	-	340Cr	-	300Cr	450Cr
Long-Term Leases	253.9Cr	229.7Cr	235.3Cr	237.2Cr	224.6Cr
Trust Preferred Securities (BS)	172.2Cr	173Cr	173.4Cr	160.6Cr	161.4Cr
Other Current Liabilities - (Bank / Utility Template)	7.25TCr	10TCr	12TCr	11TCr	11TCr
Deferred Tax Liability Non-Current	-	-	-	568Cr	587.7Cr
Other Non Current Liabilities	5.46TCr	5.69TCr	6.27TCr	7.91TCr	6.58TCr
Total Liabilities	1,75700Cr	2,06000Cr	2,08900Cr	2,21500Cr	2,20600Cr
Preferred Stock Redeemable	1.57TCr	1.72TCr	1.67TCr	1.67TCr	1.76TCr
Preferred Stock Convertible	225Cr	225Cr	225Cr	225Cr	-
Total Preferred Equity	1.8TCr	1.95TCr	1.9TCr	1.9TCr	1.76TCr
Common Stock, Total	3.1Cr	3.1Cr	3.1Cr	3.1Cr	3.1Cr
Additional Paid In Capital	11TCr	11TCr	11TCr	11TCr	11TCr
Retained Earnings	17TCr	17TCr	18TCr	19TCr	20TCr
Treasury Stock	-6.17TCr	-6.41TCr	-7.12TCr	-7.4TCr	-7.52TCr
Comprehensive Income and Other	-3.63TCr	-3.21TCr	-3.88TCr	-4.71TCr	-4.48TCr
Total Common Equity	18TCr	18TCr	18TCr	18TCr	19TCr
Minority Interest	70Cr	76Cr	70Cr	65Cr	80Cr
Total Equity	19TCr	20TCr	20TCr	20TCr	21TCr
Total Liabilities And Equity	1,95100Cr	2,26000Cr	2,29100Cr	2,41700Cr	2,41200Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	210.65Cr	208.73Cr	198.09Cr	194.37Cr	191.14Cr
ECS Total Common Shares Outstanding	211.41Cr	208.21Cr	198.44Cr	193.7Cr	190.31Cr
Book Value / Share	82.9	86.43	92.21	94.06	98.71
Tangible Book Value	15TCr	15TCr	16TCr	16TCr	16TCr
Tangible Book Value Per Share	70.39	73.67	79.41	81.95	86.19
Tangible Book Value Per Share (As Reported)	70.39	73.67	79.16	81.65	86.19
Average Assets	1,97900Cr	2,22600Cr	2,34800Cr	2,39600Cr	2,44200Cr
Average Loans	68TCr	69TCr	67TCr	65TCr	66TCr
Total Debt	51TCr	57TCr	53TCr	58TCr	66TCr
Federal Funds Sold	-	-	-	-	-
Debt Equivalent of Unfunded Proj. Benefit Obligation	128.5Cr	130.4Cr	18Cr	-12Cr	3.4Cr
Net Debt	-17TCr	-21TCr	-23TCr	-31TCr	-15TCr
Full Time Employees	2L	2L	2L	2L	2L
Part Time Employees	-	3.15T	3.35T	3.6T	2.15T

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	1.94TCr	1.1TCr	2.2TCr	1.48TCr	922.8Cr
Depreciation, Depletion & Amortization	334.1Cr	351.8Cr	360.4Cr	391Cr	419Cr
Amortization of Goodwill and Intangible Assets - (CF)	56Cr	42Cr	36Cr	35Cr	37Cr
Total Depreciation, Depletion & Amortization	390.5Cr	393.7Cr	396.4Cr	426.2Cr	456Cr
Amortization of Deferred Charges, Total	-	-	-	-	-
Minority Interest in Earnings - (CF)	-6.6Cr	-4Cr	-7.3Cr	-8.9Cr	-15Cr
(Gain) Loss On Sale of Asset - (CF)	-	-	70Cr	-76Cr	-146.2Cr
(Gain) Loss on Sale of Investments - (CF)	-144.2Cr	-159.1Cr	-46Cr	43Cr	14Cr
Total Asset Writedown	-	-	-	54Cr	-
Restructuring Activities	-	-	-	-	-
Provision for Credit Losses	821.8Cr	1.74TCr	-389.1Cr	503.6Cr	918.6Cr
Change in Trading Asset Securities	-2.01TCr	-9.9TCr	4.31TCr	-227.3Cr	-7.78TCr
Change in Other Net Operating Assets (Collected)	-2.22TCr	4.99TCr	-548.2Cr	390.4Cr	-1.48TCr
Other Operating Activities	-54Cr	-229.3Cr	148.6Cr	-105.2Cr	-226.3Cr
Net Cash From Discontinued Operations	40L	2Cr	-70L	23Cr	10L
Cash from Operations	-1.28TCr	-2.06TCr	6.12TCr	2.51TCr	-7.34TCr
Capital Expenditure	-533.6Cr	-344.6Cr	-411.9Cr	-563.2Cr	-658.3Cr
Sale of Property, Plant, and Equipment	26Cr	5Cr	19Cr	6.3Cr	5.6Cr
Divestitures	-	-	-	574.1Cr	-139.3Cr
Investment in Marketable and Equity Securities, Total	109.5Cr	-11TCr	-12TCr	-6.7TCr	3.84TCr
Net (Increase) Decrease in Loans Originated / Sold - Investing	-1.96TCr	1.57TCr	174.5Cr	-1.19TCr	-3.97TCr
Other Investing Activities, Total	20Cr	12Cr	18Cr	-79Cr	84Cr
Cash from Investing	-2.34TCr	-9.53TCr	-12TCr	-7.95TCr	-845.9Cr
Short Term Debt Issued, Total	1.27TCr	3.32TCr	-	3.03TCr	7.57TCr
Long-Term Debt Issued, Total	5.91TCr	7.65TCr	7.07TCr	10TCr	6.58TCr
Total Debt Issued	7.18TCr	11TCr	7.07TCr	14TCr	14TCr
Short Term Debt Repaid, Total	-1.14TCr	-1.55TCr	-978.1Cr	-	-963.9Cr
Long-Term Debt Repaid, Total	-5.1TCr	-6.34TCr	-7.5TCr	-5.71TCr	-6.5TCr
Total Debt Repaid	-6.25TCr	-7.89TCr	-8.47TCr	-5.71TCr	-7.46TCr
Repurchase of Common Stock	-1.79TCr	-333.6Cr	-793.8Cr	-359.4Cr	-230.6Cr
Issuance of Preferred Stock	149.6Cr	299.5Cr	330Cr	-	273.9Cr
Repurchase of Preferred Stock	-198Cr	-150Cr	-378.5Cr	-	-414.5Cr
Common Dividends Paid	-	-535.2Cr	-	-	-
Preferred Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-544.7Cr	-	-519.8Cr	-500.3Cr	-521.2Cr
Common & Preferred Stock Dividends Paid	-544.7Cr	-535.2Cr	-519.8Cr	-500.3Cr	-521.2Cr
Net Increase (Decrease) in Deposit Accounts - (CF)	5.74TCr	21TCr	4.5TCr	6.84TCr	-5.73TCr
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	4.29TCr	23TCr	1.73TCr	14TCr	69Cr
Foreign Exchange Rate Adjustments	-91Cr	-196.6Cr	-119.8Cr	-338.5Cr	9.5Cr
Net Change in Cash	581.4Cr	12TCr	-4.76TCr	8TCr	-8.11TCr
Supplemental Items
Cash Interest Paid	2.87TCr	1.33TCr	714.3Cr	2.26TCr	7.3TCr
Cash Income Tax Paid (Refund)	488.8Cr	479.7Cr	402.8Cr	373.3Cr	572.7Cr
Net Debt Issued / Repaid	937.9Cr	3.07TCr	-1.41TCr	7.79TCr	6.69TCr

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	1.01	0.53	0.97	0.64	0.39
Return On Equity %	9.96	5.64	10.93	7.5	4.6
Return on Common Equity	10.3	5.57	11.43	7.63	4.24
Shareholders Value Added	-121.63Cr	-984.74Cr	54Cr	-671.33Cr	-1.21TCr
Margin Analysis
SG&A Margin	48.97	56.79	49.03	55.44	59.74
Net Interest Income / Total Revenues %	71.66	74.61	56.67	68.97	77.65
EBT Excl. Non-Recurring Items Margin %	36.18	23.35	36.63	26.65	19.36
Income From Continuing Operations Margin %	29.47	19.03	29.36	21.49	13.27
Net Income Margin %	29.37	18.93	29.27	21.04	13.05
Net Avail. For Common Margin %	27.51	16.96	27.67	19.74	11.1
Normalized Net Income Margin	22.51	14.53	22.8	16.53	11.89
Asset quality
Nonperforming Loans / Total Loans %	0.57	0.84	0.51	0.37	0.46
Nonperforming Loans / Total Assets %	0.21	0.25	0.15	0.1	0.13
Nonperforming Assets / Total Assets %	0.21	0.25	0.15	0.1	0.13
NPAs / Loans and OREO	0.58	0.84	0.51	0.37	0.47
NPAs / Equity	2.1	2.85	1.68	1.22	1.57
Allowance for Credit Losses / Net Charge-offs %	164.56	327.89	336.16	447.98	281.89
Allowance for Credit Losses / Nonperforming Loans %	319.26	440.3	486.98	695.94	567.56
Allowance for Credit Losses / Total Loans %	1.83	3.69	2.46	2.58	2.63
Net Charge-offs / Total Average Loans %