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% YoY from $11.0 million in Q4 2020, and up 213.33% sequentially from $30.0 million in Q3 2021.
Citigroup (C) Asset Writedowns and Impairment (2011 - 2021) Analysis & Trends
Citigroup has disclosed Asset Writedowns and Impairment across 11 years of filings, most recently posting $94.0 million for 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 grew to $94.0 million in Q4 2021, from $30.0 million in the prior quarter.
- Over the last five years, Asset Writedowns and Impairment for C reached as high as $94.0 million in Q4 2021 and fell as low as $4.0 million in Q4 2019.
- The 5-year median for Asset Writedowns and Impairment is $19.5 million (2017), against an average of $31.3 million.
- Annual changes were most pronounced in 2017 — Asset Writedowns and Impairment slumped 91.4% — and 2020, when it jumped 1280.0%.
- A 5-year view of Asset Writedowns and Impairment shows it stood at $16.0 million in 2017, then advanced by 18.75% to $19.0 million in 2018, then tumbled by 78.95% to $4.0 million in 2019, then surged by 175.0% to $11.0 million in 2020, then soared by 754.55% to $94.0 million in 2021.
- According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $94.0 million, $30.0 million, and $13.0 million for Q4 2021, Q3 2021, and Q2 2021 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hsbc Holdings | 1,641.64 Bn | 1,642.09 Bn | - |
| 2 | Bank Of America | 423.61 Bn | -183.09 Bn | 29.24 Bn |
| 3 | Wells Fargo & Company | 264.70 Bn | 189.62 Bn | - |
| 4 | Citigroup | 256.70 Bn | -1,928.30 Bn | 19.85 Bn |
| 5 | UBS Group AG | 156.73 Bn | 156.73 Bn | - |
| 6 | Bank of New York Mellon | 100.92 Bn | 44.00 Bn | - |
| 7 | Jpmorgan Chase | 93.06 Bn | 120.14 Bn | - |
| 8 | Sumitomo Mitsui Financial | 92.45 Bn | 93.39 Bn | - |
| 9 | Bank of N.T. Butterfield & Son | 2.40 Bn | -454.67 Mn | 152.73 Mn |
| 10 | Ing Groep | - | - | - |
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 |