Citigroup Beats Earnings on Reserve Release, Exiting Most Consumer Banking in Asia, Europe, and Middle East

Citigroup reported better than expected Q1 earnings Thursday before the market including a $3.4 bln credit reserve release. $C reported after JPMorgan Chase, Goldman Sachs and Wells Fargo. Citi will operate consumer banking solely from 4 wealth centers: Singapore, Hong Kong, UAE, and London.

Big Banks JPMorgan, Goldman, Citi, PNC, Morgan Stanley and Wells Fargo Kick Off Earnings Season

Earnings kicks off with reports from the major banks names including Wells Fargo (WFC), Goldman Sachs (GS) and JPMorgan Chase & Co (JPM) on Wednesday. On Thursday Bank of America (BAC), BlackRock (BLK), and Citigroup (C) report. Morgan Stanley (MS) and PNC Group (PNC) report Friday.

Citigroup Beats Earnings Forecasts and Frees Up Credit Loan Provisions Along With JP Morgan

Citigroup posted better than expected Q4 earnings and revenue Friday highlighted by its digital business. $C reported along with other money center banks JPMorgan Chase, PNC and Wells Fargo $WFC. The bank released around $1.5 billion linked to the release of previous credit loan provisions; $JPMC said it is freeing up $2.9 billion in reserves.

Citigroup Earnings Rise on Fixed Income, Currency and Commodities Trading

Citigroup posted better than expected results before the market with $C revenues from its fixed-income, currency and commodities trading division getting a boost from higher rates during the quarter. $C reported after other money center banks JPMorgan Chase $JPM, Wells Fargo $WFC.

Citigroup Fixed Income, Currency and Commodities Trading Boosts Earnings

Citigroup posted better than expected results before the market with $C revenues from its fixed-income, currency and commodities trading division getting a boost from higher rates during the quarter. $C reported after other money center banks Bank of America $BAC JPMorgan Chase $JPM, Wells Fargo $WFC, PNC Financial $PNC and Goldman Sachs.

Citigroup Earnings Better Than Expected Boosted by Tradeweb IPO Revenue

Citigroup started off the banking sectors Q2 earnings season before the market open Monday with better than expected results $C report ahead of other money center banks Bank of America $BAC JPMorgan Chase $JPM, Wells Fargo $WFC, PNC Financial $PNC and Goldman Sachs.

Bank Earnings Season Begins With Citigroup, JPMorgan, Goldman, PNC. Morgan Stanley, and Wells Fargo

Citigroup $C along with JPMorgan Chase $JPM, America’s largest bank, Bank of America $BAC, Goldman Sachs $GS , PNC Financial $PNC, Morgan Stanley $MS and Wells Fargo $WFC kick off the banking sector’s Q219 earnings season on Monday before the market opens with expectations for lower earnings on a flatter yield curve.

Citigroup Earnings Per Share Pumped by Stock Buybacks as Equities Hit Revenue

Citigroup continued the banking sectors Q1 earnings before the market open Monday being hurt by equity markets trading. $C reported ahead of other money center banks Bank of America $BAC and after JPMorgan Chase $JPM, Wells Fargo $WFC, PNC Financial $PNC