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
DateValue
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