Citigroup (C) Asset Writedowns and Impairment (2011 - 2021)
Citigroup (C) posted quarterly Asset Writedowns and Impairment of $94.0 million for Q4 2021, up 754.55% year-over-year from $11.0 million in Q4 2020, and up 213.33% quarter-over-quarter from $30.0 million in Q3 2021.
Citigroup (C) Asset Writedowns and Impairment (2011 - 2021) Analysis & Trends
Citigroup (C) has reported Asset Writedowns and Impairment for 11 consecutive years, with $94.0 million the latest figure, recorded in Q4 2021.
- In Q4 2021, Asset Writedowns and Impairment rose 754.55% year-over-year to $94.0 million; the TTM figure through Dec 2021 stood at $206.0 million (up 24.85% YoY), while the FY2025 annual figure was $341.0 million, down 20.88% from the prior year.
- Asset Writedowns and Impairment advanced to $94.0 million in Q4 2021 per C's latest filing, from $30.0 million in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $94.0 million in Q4 2021 and bottomed at $4.0 million in Q4 2019.
- Historically, Asset Writedowns and Impairment has averaged $31.3 million across 5 years, with a median of $19.5 million in 2017.
- Annual changes were most pronounced in 2017 — Asset Writedowns and Impairment plunged 91.4% — and 2020, when it jumped 1280.0%.
- Citigroup's Asset Writedowns and Impairment stood at $16.0 million in 2017, then climbed by 18.75% to $19.0 million in 2018, then slumped by 78.95% to $4.0 million in 2019, then soared by 175.0% to $11.0 million in 2020, then jumped by 754.55% to $94.0 million in 2021.
- Business Quant data shows C's Asset Writedowns and Impairment at $94.0 million in Q4 2021, $30.0 million in Q3 2021, and $13.0 million in Q2 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bank Of America | 441.62 Bn | -146.87 Bn | 30.39 Bn |
| 2 | Hsbc Holdings | 357.01 Bn | 357.01 Bn | - |
| 3 | Royal Bank Of Canada | 286.58 Bn | 87.66 Bn | - |
| 4 | Wells Fargo & Company | 254.86 Bn | 50.89 Bn | - |
| 5 | Mitsubishi Ufj Financial | 251.70 Bn | -141.92 Bn | 10.89 Bn |
| 6 | Citigroup | 223.37 Bn | -2,078.94 Bn | 24.75 Bn |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - |
| 8 | Toronto Dominion Bank | 194.48 Bn | 19.99 Bn | - |
| 9 | UBS Group AG | 167.76 Bn | -47.95 Bn | - |
| 10 | Bank of New York Mellon | 108.83 Bn | 47.61 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | 94.00 Mn |
| Dec 31, 2021 | 94.00 Mn |
| Sep 30, 2021 | 30.00 Mn |
| Sep 30, 2021 | 30.00 Mn |
| Jun 30, 2021 | 13.00 Mn |
| Jun 30, 2021 | 13.00 Mn |
| Mar 31, 2021 | 69.00 Mn |
| Mar 31, 2021 | 69.00 Mn |
| Dec 31, 2020 | 11.00 Mn |
| Dec 31, 2020 | 11.00 Mn |
| Sep 30, 2020 | 30.00 Mn |
| Sep 30, 2020 | 30.00 Mn |
| Jun 30, 2020 | 69.00 Mn |
| Jun 30, 2020 | 69.00 Mn |
| Mar 31, 2020 | 55.00 Mn |
| Mar 31, 2020 | 55.00 Mn |
| Dec 31, 2019 | 4.00 Mn |
| Dec 31, 2019 | 4.00 Mn |
| Sep 30, 2019 | 15.00 Mn |
| Sep 30, 2019 | 15.00 Mn |