GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Citigroup Inc (NYSE:C) » Definitions » Interest Expense

Citigroup (Citigroup) Interest Expense

: $-85,027 Mil (TTM As of Dec. 2023)
View and export this data going back to 1986. Start your Free Trial

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Citigroup's interest expense for the three months ended in Dec. 2023 was $ -22,555 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-85,027 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Citigroup's Operating Income for the three months ended in Dec. 2023 was $ Mil. Citigroup's Interest Expense for the three months ended in Dec. 2023 was $ Mil. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Citigroup Interest Expense Historical Data

The historical data trend for Citigroup's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Citigroup Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -28,382.00 -13,338.00 -7,981.00 -25,740.00 -78,358.00

Citigroup Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -16,047.00 -18,747.00 -21,009.00 -22,555.00 -22,716.00

Citigroup Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-85,027 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Citigroup (Citigroup) Business Description

Address
388 Greenwich Street, New York, NY, USA, 10013
Citigroup is a global financial-services company doing business in more than 100 countries and jurisdictions. Citigroup's operations are organized into two primary segments: the institutional clients group and the personal banking and wealth-management group. The bank's primary services include cross-border banking needs for multinational corporates, investment banking and trading, and credit card services in the United States.
Executives
Andrew John Morton officer: Head of Markets 388 GREENWICH STREET, NEW YORK NY 10013
Andrew M. Sieg officer: Head of Wealth 100 N TRYON STREET, CHARLOTTE NC 28255
Gonzalo Luchetti officer: Head of U.S. Personal Banking 388 GREENWICH STREET, NEW YORK NY 10013
Syed Shahmir Khaliq officer: Head of Services 388 GREENWICH STREET, NEW YORK NY 10013
Zdenek Turek officer: Interim Chief Risk Officer 388 GREENWICH STREET, NEW YORK NY 10013
Sara Wechter officer: Head of Human Resources 388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10013
Titilope Cole officer: CEO, Legacy Franchises 388 GREENWICH STREET, NEW YORK NY 10013
Michael Whitaker officer: Head of Enterprise O&T 388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10013
Von Koskull Casper Wilhelm director 388 GREENWICH STREET, NEW YORK NY 10013
Mary Mcniff officer: CEO, CITIBANK, N.A. 388 GREENWICH STREET, NEW YORK NY 10013
Brent Mcintosh officer: General Counsel & Corp Sec'y 450 POST RD. EAST, WESTPORT CT 06880
Cantu Ernesto Torres officer: CEO, Latin America 388 GREENWICH STREET, NEW YORK NY 10013
Sunil Garg officer: CEO, Citibank, N.A. 388 GREENWICH STREET, NEW YORK NY 10013
Anand Selvakesari officer: CEO, Global Consumer Banking 388 GREENWICH STREET, NEW YORK NY 10013
Johnbull Okpara officer: Controller&Chief Acct. Officer 388 GREENWICH STREET, NEW YORK NY 10013

Citigroup (Citigroup) Headlines

From GuruFocus

Citigroup Inc Annual Shareholders Meeting Transcript

By GuruFocus Research 01-22-2024

Citigroup Inc Investor Day Transcript

By GuruFocus Research 01-22-2024

Q1 2022 Citigroup Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2022 Citigroup Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q4 2023 Citigroup Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024