Citigroup Q2 2023 Banking Revenue $1.2B, Down 44% YoY
Portfolio Pulse from Benzinga Newsdesk
Citigroup's Q2 2023 banking revenue has been reported at $1.2B, marking a 44% decrease year-over-year.
July 14, 2023 | 12:05 pm
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NEGATIVE IMPACT
Citigroup's Q2 2023 banking revenue has significantly decreased by 44% compared to the same period last year.
The significant decrease in Citigroup's banking revenue indicates a potential downturn in the company's financial performance. This could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100