C » Topics » Citigroup Net Income-Segment and Product View

This excerpt taken from the C 10-Q filed May 4, 2007.

Citigroup Net Income—Segment and Product View

 
  First Quarter
  % Change
 

In millions of dollars

 
  2007
  2006(1)
  1Q07 vs. 1Q06
 
Global Consumer                  
  U.S. Cards   $ 897   $ 926   (3 )%
  U.S. Retail Distribution     388     515   (25 )
  U.S. Consumer Lending     359     437   (18 )
  U.S. Commercial Business     121     126   (4 )
   
 
 
 
    Total U.S. Consumer(2)   $ 1,765   $ 2,004   (12 )%
   
 
 
 
 
International Cards

 

$

388

 

$

291

 

33

%
  International Consumer Finance     25     168   (85 )
  International Retail Banking     540     677   (20 )
   
 
 
 
    Total International Consumer   $ 953   $ 1,136   (16 )%
   
 
 
 
 
Other

 

$

(85

)

$

(67

)

(27

)%
   
 
 
 
    Total Global Consumer   $ 2,633   $ 3,073   (14 )%
   
 
 
 

Markets & Banking

 

 

 

 

 

 

 

 

 
  Securities and Banking   $ 2,173   $ 1,618   34 %
  Transaction Services     447     323   38  
  Other     1     (12 ) NM  
   
 
 
 
    Total Markets & Banking   $ 2,621   $ 1,929   36 %
   
 
 
 

Global Wealth Management

 

 

 

 

 

 

 

 

 
  Smith Barney   $ 324   $ 168   93 %
  Private Bank     124     119   4  
   
 
 
 
    Total Global Wealth Management   $ 448   $ 287   56 %
   
 
 
 

Alternative Investments

 

$

222

 

$

353

 

(37

)%

Corporate/Other

 

 

(912

)

 

(87

)

NM

 
   
 
 
 

Income from Continuing Operations

 

$

5,012

 

$

5,555

 

(10

)%
Income from Discontinued Operations(3)         84   NM  
   
 
 
 

Total Net Income

 

$

5,012

 

$

5,639

 

(11

)%
   
 
 
 

(1)
Reclassified to conform to the current period's presentation. See Note 3 on page 89 for assets by segment.

(2)
U.S. disclosure includes Canada and Puerto Rico.

(3)
See Note 2 on page 87.

NM
Not meaningful

11


This excerpt taken from the C 10-Q filed May 5, 2006.

Citigroup Net Income—Segment and Product View

 
  First Quarter
  % Change
 
In millions of dollars

 
  2006
  2005(1)
  1Q06 vs. 1Q05
 
Global Consumer                  
  U.S. Cards   $ 926   $ 778   19 %
  U.S. Retail Distribution     515     564   (9 )
  U.S. Consumer Lending     437     486   (10 )
  U.S. Commercial Business     126     252   (50 )
   
 
 
 
    Total U.S. Consumer(2)   $ 2,004   $ 2,080   (4 )%
   
 
 
 
  International Cards   $ 291   $ 302   (4 )%
  International Consumer Finance     168     139   21  
  International Retail Banking     677     498   36  
   
 
 
 
    Total International Consumer   $ 1,136   $ 939   21 %
   
 
 
 
  Other   $ (67 ) $ (176 ) 62 %
   
 
 
 
    Total Global Consumer   $ 3,073   $ 2,843   8 %
   
 
 
 
Corporate and Investment Banking                  
  Capital Markets and Banking   $ 1,618   $ 1,439   12 %
  Transaction Services     323     245   32  
  Other     (12 )   (5 ) NM  
   
 
 
 
    Total Corporate and Investment Banking   $ 1,929   $ 1,679   15 %
   
 
 
 
Global Wealth Management                  
  Smith Barney   $ 168   $ 197   (15 )%
  Private Bank     119     122   (2 )
   
 
 
 
    Total Global Wealth Management   $ 287   $ 319   (10 )%
   
 
 
 
Alternative Investments   $ 353   $ 362   (2 )%

Corporate/Other

 

 

(87

)

 

(88

)

1

 
   
 
 
 
Income from Continuing Operations   $ 5,555   $ 5,115   9 %
Income from Discontinued Operations(3)     84     326   (74 )
   
 
 
 
Total Net Income   $ 5,639   $ 5,441   4 %
   
 
 
 

(1)
Reclassified to conform to the current period's presentation. See Note 4 to the Consolidated Financial Statements on page 85 for assets by segment.

(2)
U.S. disclosure includes Canada and Puerto Rico.

(3)
See Note 3 to the Consolidated Financial Statements on page 83.

NM Not meaningful

11


EXCERPTS ON THIS PAGE:

10-Q
May 4, 2007
10-Q
May 5, 2006
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