The quarterly net income of Citigroup decreased overall between 2007 and 2023. The highest registered quarterly income was measured in the fourth quarter of 2008, at 17 billion U.S. dollars. The quarter with the lowest income was the fourth quarter of 2017, when the bank saw an income loss of almost 19 billion U.S. dollars. The income of Citigroup remained relatively stable in the following quarters, only the economic downturn caused by the COVID-19 pandemic had a negative effect on its quarterly income. As of the fourth quarter of 2022, the net income of the bank decreased again, compared to the previous quarters. In 2022, each quarter saw a negative income growth rate.
Net income of Citigroup from 1st quarter 2007 to 2nd quarter 2023
(in million U.S. dollars)
Figures were collected from several publications. Year-on-year percentage change was calculated by Statista based on quarterly figures published by Citigroup.
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Citigroup, & Statista. (July 14, 2023). Net income of Citigroup from 1st quarter 2007 to 2nd quarter 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/1097060/citigroup-net-income-per-quarter/
Citigroup, und Statista. "Net income of Citigroup from 1st quarter 2007 to 2nd quarter 2023 (in million U.S. dollars)." Chart. July 14, 2023. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/1097060/citigroup-net-income-per-quarter/
Citigroup, Statista. (2023). Net income of Citigroup from 1st quarter 2007 to 2nd quarter 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/1097060/citigroup-net-income-per-quarter/
Citigroup, and Statista. "Net Income of Citigroup from 1st Quarter 2007 to 2nd Quarter 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 14 Jul 2023, https://www.statista.com/statistics/1097060/citigroup-net-income-per-quarter/
Citigroup & Statista, Net income of Citigroup from 1st quarter 2007 to 2nd quarter 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1097060/citigroup-net-income-per-quarter/ (last visited November 18, 2024)
Net income of Citigroup from 1st quarter 2007 to 2nd quarter 2023 (in million U.S. dollars) [Graph], Citigroup, & Statista, July 14, 2023. [Online]. Available: https://www.statista.com/statistics/1097060/citigroup-net-income-per-quarter/