BMO Capital Raises Price Target on Citigroup (C) to $66 Following 2Q EPS Beat
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Citigroup Reports Second Quarter 2016 Earnings Per Share of $1.24
July 15, 2016 7:59 AM EDTNET INCOME OF $4.0Â BILLION
REVENUES OF $17.5Â BILLION
NET INTEREST MARGIN OF 2.86%
RETURNED $1.5Â BILLION OF CAPITAL TO COMMON SHAREHOLDERS;
REPURCHASED
30Â MILLION COMMON SHARES
UTILIZED APPROXIMATELY $900Â MILLION OF DEFERRED TAX ASSETS
COMMON EQUITY TIER 1 CAPITAL RATIO OF 12.5%1
SUPPLEMENTARY
LEVERAGE RATIO OF 7.5%2
BOOK VALUE PER SHARE OF $73.19
TANGIBLE BOOK VALUE PER SHARE OF
$63.533
NEW YORK--(BUSINESS WIRE)-- Citigroup Inc. today reported net income for the second... More
Citi Introduces “Citi®ATM Community Network,” Providing Surcharge-Free ATM Access to Partner Credit Union and Minority-Owned Bank Customers
July 14, 2016 11:00 AM EDTNew Pilot Program Expands Access to Surcharge-Free ATMs Across Chicago, Los Angeles, Miami, New York, San Francisco and Washington D.C.
NEW YORK--(BUSINESS WIRE)-- Citi today announced the formation of the Citi® ATM Community Network, a new pilot program providing more than 300,000 customers of participating minority-owned banks and credit unions with the ability to withdraw cash with no surcharge fee at Citibank® branch ATMs including those in Chicago, Los Angeles, Miami, New York, San Francisco and Washington D.C.
The Citi ATM Community Network will expand access to ATMs in key areas... More
