Monday, October 18, 2010

Citigroup Reports Third Quarter 2010 Net Income of $2.2 Billion; $0.07 Per Share


Net Income Up from $101 Million or $(0.27) Per Share in Third Quarter 2009
Third Quarter 2010 Income from Continuing Operations of $2.6 Billion; $0.08 Per Share
First Nine Months 2010 Net Income of $9.3 Billion
Third Quarter 2010 Revenues of $20.7 Billion and Expenses of $11.5 Billion
Tier 1 Capital Ratio of 12.5%; Tier 1 Common Ratio of 10.3%
Tier 1 Common of $103.7 Billion and Allowance for Loan Losses of $43.7 Billion
Tangible Book Value Per Share3 of $4.44

Citicorp Revenues of $16.3 Billion, Net Income of $3.5 Billion

Citi Holdings Revenues of $3.9 Billion, Net Loss of $1.1 Billion


not bad not bad. i do hope a sustainable profit every Q. :)
at

3 comments:

  1. lofan73October 19, 2010 at 10:26:00 AM GMT+8

    horse,hng n cyber frens

    i just bought cck n it still has more room go further. it's still an undervalued ctr n it falls under consumer staples n agriculture sector. as jim rogers said agriculture will b the next one to watch out

    ReplyDelete
  2. AnonymousOctober 19, 2010 at 10:49:00 AM GMT+8

    Lofan

    CCK look indeed attractive in valuation. Among the goodies are share buyback + share dividend distribution + cash dividend + Net cash position and undemanding valuation of PE<7.5x. Good call.

    ReplyDelete
  3. horseOctober 19, 2010 at 8:47:00 PM GMT+8

    lofan,

    not a bad call though. ;)

    may consider. :)

    ReplyDelete