Citigroup (C) Revenue — Quarter Ended Sep 30, 2023
Revenue for the quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The sequential improvement reversed a decline in the prior period, while the year-over-year gain extended a pattern of growth.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue for the quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The sequential improvement reversed a decline in the prior period, while the year-over-year gain extended a pattern of growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$20.1B
Revenue reported for this quarter.
Quarter-over-quarter
+3.6%
Change from the immediately preceding quarter.
Year-over-year
+8.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$79B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $18B | +5.8% |
| Mar 31, 2023 | $21.4B | +11.8% |
| Jun 30, 2023 | $19.4B | -1.0% |
| Sep 30, 2023 | $20.1B | +8.8% |
Revenue performance
The reported revenue rose from the previous quarter, marking a recovery after a dip. The year-over-year comparison also showed an increase.
Quarterly comparison
Compared to the prior quarter, revenue moved higher, reversing the decrease seen in the preceding period. Versus the same quarter a year ago, revenue was also higher.
What to watch
The revenue trend over recent quarters has shown notable fluctuations, with alternating increases and decreases.