Bank Earnings:Historical Results/2023 Q2: Difference between revisions

Bank Earnings:Historical Results/2023 Q2 (view source)

748 bytes added , 14 July 2023

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 |$764(+122% Y/Y and 26% Q/Q).
 |"As expected, net loan charge-offs increased from the first quarter. Consumer charge-offs continued to deteriorate modestly. Commercial charge-offs increased driven by a small number of borrowers in Commercial Banking, with little signs of systemic weakness across the portfolio, and higher losses in commercial real estate, primarily in the office portfolio." CEO Charlie Scharf said.
+|-
+|Citi Group
+|Revenue<ref>https://www.cnbc.com/2023/07/14/citigroup-c-q2-earnings-report-2023.html
+https://www.citigroup.com/rcs/citigpa/storage/public/2Q23-earnings-presentation.pdf</ref>
+|$19.29 billion
+|$19.44 billion
+|“Amid a challenging macroeconomic backdrop, we continued to see the benefits of our diversified business model and strong balance sheet,” CEO Jane Fraser said in the press release.
+|-
+|
+|Adjusted EPS
+|$1.30
+|$1.33
+|
+|-
+|
+|Provision for credit losses
+|
+|$161 millionn( -57% Y/Y and -33% Q/Q)
+|
+|-
+|
+|Net interest income
+|
+|$13.90(+16.2% Y/Y and +4.1% Q/Q)
+|
+|-
+|
+|Deposits
+|
+|$1.32 billion(-1% Q/Q).
+|
+|-
+|
+|Loans
+|
+|$661 billion(+1% Q/Q).
+|
+|-
+|
+|Net credit losses
+|
+|$1.5 billion(+77% Y/Y and 16% Q/Q).
+|
+|-
+|
+|
+|
+|
+|
 |}
 == References ==