Citigroup (Citigroup) Retained Earnings : $198,905 Mil (As of Dec. 2023)

View and export this data going back to 1986. Start your Free Trial

What is Citigroup Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Citigroup's retained earnings for the quarter that ended in Dec. 2023 was $198,905 Mil.

Citigroup's quarterly retained earnings increased from Jun. 2023 ($199,976 Mil) to Sep. 2023 ($202,135 Mil) but then declined from Sep. 2023 ($202,135 Mil) to Dec. 2023 ($198,905 Mil).

Citigroup's annual retained earnings increased from Dec. 2021 ($184,948 Mil) to Dec. 2022 ($194,734 Mil) and increased from Dec. 2022 ($194,734 Mil) to Dec. 2023 ($198,905 Mil).

Citigroup Retained Earnings Historical Data

The historical data trend for Citigroup's Retained Earnings 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 Retained Earnings Chart

Citigroup Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

Get a 7-Day Free Trial

165,369.00

168,272.00

184,948.00

194,734.00

198,905.00

Citigroup Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															198,353.00	199,976.00	202,135.00	198,905.00	200,956.00

Citigroup Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Citigroup (NYSE:C) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Citigroup (Citigroup) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

CpJ.PFD:USA C:Peru C:Mexico C_KZ:Kazakhstan 1C:Italy TRVCd:UK 0R01:UK TRVC:Germany TRVC:Germany TRVC:Germany TRVC:Germany C:Chile CITI:Canada CTGP34:Brazil CITI:Austria C:Argentina

Address

388 Greenwich Street, New York, NY, USA, 10013

Website

https://www.citigroup.com

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