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Citigroup (C) Reports Q4 Earnings: What Key Metrics Have to Say
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Citigroup (C - Free Report) reported $19.58 billion in revenue for the quarter ended December 2024, representing a year-over-year increase of 12.3%. EPS of $1.34 for the same period compares to $0.84 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $19.55 billion, representing a surprise of +0.14%. The company delivered an EPS surprise of +7.20%, with the consensus EPS estimate being $1.25.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Citigroup performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Interest Margin (FTE): 2.4% versus the five-analyst average estimate of 2.3%.
Efficiency Ratio: 67.3% versus the five-analyst average estimate of 68.3%.
Book value per common share: $101.62 versus the five-analyst average estimate of $102.37.
Average balance - Total interest-earning assets: $2,260.82 billion versus the five-analyst average estimate of $2,282.52 billion.
Markets Revenues, net of interest expense: $4.58 billion versus $4.01 billion estimated by two analysts on average.
Services Revenues- Total non-interest revenue: $1.73 billion compared to the $1.52 billion average estimate based on two analysts.
Revenue by component- Markets- Fixed Income markets- Fixed Income markets Total: $3.48 billion versus $3.05 billion estimated by two analysts on average.
Revenue by component- Markets- Equity Markets: $1.10 billion versus the two-analyst average estimate of $954.14 million.
Corporate/ALL Other Managed Basis Revenues- Total non-interest revenue: $168 million compared to the $358.28 million average estimate based on two analysts.
Banking Revenues- Total non-interest revenue: $720 million compared to the $964.79 million average estimate based on two analysts.
US Personal Banking (USPB) Revenues- Total non-interest revenue: -$249 million versus -$212.12 million estimated by two analysts on average.
Wealth Revenues- Total non-interest revenue: $756 million versus the two-analyst average estimate of $813.62 million.
Shares of Citigroup have returned +3.4% over the past month versus the Zacks S&P 500 composite's -3.3% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
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Citigroup (C) Reports Q4 Earnings: What Key Metrics Have to Say
Citigroup (C - Free Report) reported $19.58 billion in revenue for the quarter ended December 2024, representing a year-over-year increase of 12.3%. EPS of $1.34 for the same period compares to $0.84 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $19.55 billion, representing a surprise of +0.14%. The company delivered an EPS surprise of +7.20%, with the consensus EPS estimate being $1.25.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Citigroup performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Net Interest Margin (FTE): 2.4% versus the five-analyst average estimate of 2.3%.
- Efficiency Ratio: 67.3% versus the five-analyst average estimate of 68.3%.
- Book value per common share: $101.62 versus the five-analyst average estimate of $102.37.
- Average balance - Total interest-earning assets: $2,260.82 billion versus the five-analyst average estimate of $2,282.52 billion.
- Markets Revenues, net of interest expense: $4.58 billion versus $4.01 billion estimated by two analysts on average.
- Services Revenues- Total non-interest revenue: $1.73 billion compared to the $1.52 billion average estimate based on two analysts.
- Revenue by component- Markets- Fixed Income markets- Fixed Income markets Total: $3.48 billion versus $3.05 billion estimated by two analysts on average.
- Revenue by component- Markets- Equity Markets: $1.10 billion versus the two-analyst average estimate of $954.14 million.
- Corporate/ALL Other Managed Basis Revenues- Total non-interest revenue: $168 million compared to the $358.28 million average estimate based on two analysts.
- Banking Revenues- Total non-interest revenue: $720 million compared to the $964.79 million average estimate based on two analysts.
- US Personal Banking (USPB) Revenues- Total non-interest revenue: -$249 million versus -$212.12 million estimated by two analysts on average.
- Wealth Revenues- Total non-interest revenue: $756 million versus the two-analyst average estimate of $813.62 million.
View all Key Company Metrics for Citigroup here>>>Shares of Citigroup have returned +3.4% over the past month versus the Zacks S&P 500 composite's -3.3% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.