Citigroup Earns $2.9 Billion In Q2, Beats Estimates

Income included a $984 million reduction in the bank's loan loss reserves and accounting gain of $219 million.

Topics:  million   
BING NEWS:
  • Avnet Given Buy Rating at Citigroup Inc. (AVT)
    The stock’s 50-day moving average is $41.31 and its 200-day moving average is $43.02. The company has a market cap of $5.692 billion and a P/E ratio of 10.61. Avnet (NYSE:AVT) last announced its earnings results on Thursday, October 23rd. The company ...
    10/28/2014 - 1:07 pm | View Link
  • Citigroup to pay $7B in subprime mortgages probe
    WASHINGTON — Citigroup has agreed to pay $7 billion to settle a federal investigation into its handling of risky subprime mortgages, admitting to a pattern of deception that Attorney General Eric Holder said "shattered lives" and contributed to the worst ...
    07/14/2014 - 12:20 am | View Link
  • Citigroup earns $2.9 billion in Q2, beats Street
    NEW YORK (AP) — Citigroup made $2.9 billion from April through June and exceeded Wall Street estimates, helped by lowering the amount it keeps aside for loan losses because more of its customers paid back loans on time. Net income was down 12 percent ...
    07/16/2012 - 11:10 am | View Link
  • Citigroup earns $2.9 billion in Q2, beats estimates
    The income of $2.9 billion was still better than analysts were expecting. Citi is one of the largest international banks in the world and its results are often seen as a gauge of how the global economy is doing. Investors are particularly concerned about ...
    07/16/2012 - 4:23 am | View Link
  • Citigroup earns $2.9 billion in Q2, beats Street
    NEW YORK (AP) -- Citigroup says it made $2.9 billion in the April-to-June period, helped by lowering the amount it keeps aside for loan losses because more of its customers paid back loans on time. The bank says it earned 95 cents per share, exceeding the ...
    07/16/2012 - 3:59 am | View Link
  • More
BING SEARCH:
  • Zacks.com
    My Portfolio Tracker Is it Time to Sell? One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be ...
    01/30/2015 - 9:57 am | View Website
  • Citi Financial Reports & Publications | Quarterly Earnings ...
    Citigroup financial information, quarterly earnings press releases, financial supplements and presentations
    01/30/2015 - 8:45 am | View Website
  • C Stock Price & News
    P/E Ratio (TTM) The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the ...
    01/30/2015 - 8:02 am | View Website
  • C Stock Quote
    Updated stock quote for C - including C stock price today, earnings and estimates, stock charts, news, futures and other investing data.
    01/30/2015 - 3:23 am | View Website
  • Corporate Company Earnings
    Corporate Company Earnings, Find Earnings Per Share and Earnings History Online
    01/29/2015 - 11:02 am | View Website
  • More
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News