Citigroup Earns $2.9 Billion In Quarter, Beating Expectations

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.

Topics:  april   june   wall street   citigroup   billion   
BING NEWS:
  • Citigroup first-quarter earnings edge higher, beating analysts' expectations
    NEW YORK — Citigroup's first-quarter earnings rose, helped by declines in expenses and provisions for bad loans. The earnings improved even as revenue from mortgage refinancing and bond trading fell. EARNINGS: Citigroup reported a profit of $4.1 billion ...
    04/14/2014 - 1:38 am | View Link
  • Citigroup Reports 30 Percent Jump In Profits
    BOSTON -- Citigroup reported a first-quarter profit of $3.8 billion, a 30 percent surge from last year as the bank’s securities and trading operation boosted the company in beating Wall Street ... to borrow and what it earns off loans and investments ...
    04/15/2013 - 5:52 am | View Link
  • Growth/Dividend Stocks Beating The S&P 500
    Abstract: For the past 12 weeks, two types of dividend stocks tracked by Thomson Reuters are beating the market ... and engineering company with a market capitalization of $5.6 billion and a forward five-year earnings compound annual growth rate [CAGR ...
    03/6/2013 - 10:42 pm | View Link
  • Citigroup earns $2.9 billion in Q2, beats Street
    Revenue was $18.6 billion, down 10 percent from the year-ago quarter. Analysts expected $18.8 billion. Citi's stock rose 40 cents, or 1.5 percent, to $27.05. As more of its customers, both consumer and commercial, paid back loans on time, Citi kept aside ...
    07/16/2012 - 1:04 am | View Link
  • Citigroup earns $4.4 billion in first quarter as trading rebounds
    said loan losses fell for the third consecutive quarter. The amount of money it set aside for loan losses also fell. Citigroup earned 15 cents per share on revenue of $25.4 billion. That easily beating analysts expectations of a slight loss, according to ...
    04/19/2010 - 3:58 pm | View Link
  • More
BING SEARCH:
  • Business News, Personal Finance and Money News
    Business news and commentary articles.
    04/24/2014 - 1:35 am | View Website
  • Citigroup Inc
    View detailed financial information, real-time news, videos, quotes and analysis on Citigroup Inc (NYSE:C). Explore commentary on Citigroup Inc and hear what the ...
    04/24/2014 - 12:16 am | View Website
  • Microsoft Investor Relations
    Microsoft Fiscal Year 2014 Third Quarter Earnings Conference Call. Satya Nadella, CEO and Amy Hood, CFO. Recent Events
    04/23/2014 - 8:49 pm | View Website
  • Google Announces Fourth Quarter and Fiscal Year 2010 ...
    Google Announces Fourth Quarter and Fiscal Year 2010 Results and Management Changes
    04/23/2014 - 4:45 pm | View Website
  • C:New York Stock Quote
    Company Profile & Key Executives for C. Citigroup Inc. is a diversified financial services holding company that provides a broad range of financial services to ...
    04/23/2014 - 1:39 pm | 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