Citigroup Q2 2023 Operating Expenses $13.6B, Up 6% YoY
Portfolio Pulse from Benzinga Newsdesk
Citigroup's Q2 2023 operating expenses have increased by 6% year-on-year to $13.6 billion.
July 14, 2023 | 12:04 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Citigroup's operating expenses for Q2 2023 have increased by 6% compared to the same period last year, reaching $13.6 billion.
Increased operating expenses can negatively impact a company's profitability, which may lead to a decrease in its stock price. Therefore, this news is likely to have a negative impact on Citigroup's stock in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100