Citigroup (C) Earnings Q1 2010
Highlights:
- Highest net income since Q2 2007
- Revenues of $25.4 billion and expenses of $11.5 billion
- Net credit losses of $8.4 billion declined for the third consecutive quarter
- Tier 1 capital ratio of 11.2 percent; Tier 1 Common Ratio of 9.1 percent
- Tier 1 common of $97 billion and allowance for loan losses of $48.7 billion
- Results reflect the adoption of SFAS 166/167
- Citicorp revenues of $18.5 billion, net income of $5.1 billion
- Citi holdings revenues of $6.6 billion, net loss of $887 million
Earnings estimates from TheStreet.com
Key statistics for C from Yahoo! Finance
See how C is performing right now
Citigroup's website
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