“Citigroup Reports First Quarter 2013 Earnings Per Share of $1.23; $1.29 Excluding CVA/DVA1

Net Income of $3.8 Billion; $4.0 Billion Excluding CVA/DVA

Revenues of $20.5 Billion; $20.8 Billion Excluding CVA/DVA

Net Interest Margin Increased to 2.94%

Net Credit Losses of $3.0 Billion Declined 25% Versus Prior Year Period

Loan Loss Reserve Release of $652 Million versus $1.2 Billion in Prior Year Period

Utilized $700 Million of Deferred Tax Assets

Basel I Tier 1 Common Ratio of 11.8%, Reflecting New U.S. Market Risk Rules²
Estimated Basel III Tier 1 Common Ratio Increased to 9.3%³

Book Value Per Share Increased to $62.51
Tangible Book Value Per Share⁴ Increased to $52.35

Citigroup Deposits of $934 Billion Grew 3% versus Prior Year Period

Citicorp Loans of $539 Billion Grew 5% versus Prior Year Period

Citi Holdings Assets of $149 Billion Declined 29% from Prior Year Period and Represented 8% of Total Citigroup Assets at Quarter End”

Full report

If you enjoy the content at iBankCoin, please follow us on Twitter