Citigroup Inc. Q1 2023 Earnings Analysis
Revenue grew 69.8% year over year and fell 76.5% sequentially. Margins improved from the previous quarter, suggesting stronger cost discipline and operational efficiency. Citigroup Inc. also posted year-over-year earnings growth, reinforcing a more resilient operating profile.
Revenue trend
Revenue growth stayed positive, supporting a healthier topline trend.
Margin and earnings quality
Margins improved from last quarter, suggesting that cost controls are starting to offset topline weakness.
What matters next
Investors will continue watching execution quality.
Revenue & YoY Growth
QuarterlyRevenue trend and year-over-year growth across recent reported quarterly periods.
Net Income & Net Margin
QuarterlyNet income and net margin trend over recent reported quarterly periods.
Revenue Analysis
Citigroup Inc. reported $36.5B in revenue for Q1 2023, up 69.8% YoY and down 76.5% QoQ. Positive year-over-year growth suggests healthier revenue momentum.
Profitability Analysis
Net income came in at $4.6B, up 7% YoY and up 83.3% QoQ. Net margin was 12.6%. Sequential margin improvement suggests stronger operating discipline despite a mixed revenue environment.
Frequently Asked Questions
Quick factual answers for this report. Need the why behind them? Ask the report assistant.
What was Citigroup Inc.'s revenue in Q1 2023?
Citigroup Inc. reported revenue of $36.5B in Q1 2023.
What was Citigroup Inc.'s net income in Q1 2023?
Citigroup Inc. reported net income of $4.6B in Q1 2023.
How did Citigroup Inc.'s revenue change year over year?
Citigroup Inc.'s revenue increased by 69.8% year over year in Q1 2023.
What was Citigroup Inc.'s net margin in Q1 2023?
Citigroup Inc.'s net margin was 12.6% in Q1 2023.
Compare this quarter with the previous earnings report.
Explore company profile, industry, and historical context.
View more quarterly financial trend pages for this company.
Data Source & Methodology
Financial data is sourced from company filings and internal processed earnings data.
YoY and QoQ values are derived from reported quarterly figures when not directly available.
This page is for informational purposes only and does not constitute investment advice.
