Citibank 2014 Annual Report Download - page 316

299
29. SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
2014 2013
In millions of dollars, except per share amounts Fourth Third Second First Fourth Third Second First
Revenues, net of interest expense $17,812 $19,604 $19,342 $20,124 $17,779 $17,904 $20,488 $20,248
Operating expenses 14,426 12,955 15,521 12,149 12,293 11,679 12,149 12,288
Provisions for credit losses and for benefits and claims 2,013 1,750 1,730 1,974 2,072 1,959 2,024 2,459
Income from continuing operations before income taxes $ 1,373 $ 4,899 $ 2,091 $ 6,001 $ 3,414 $ 4,266 $ 6,315 $ 5,501
Income taxes (benefits) 991 1,985 1,838 2,050 1,090 1,080 2,127 1,570
Income from continuing operations $ 382 $ 2,914 $ 253 $ 3,951 $ 2,324 $ 3,186 $ 4,188 $ 3,931
Income (loss) from discontinued operations, net of taxes (1) (16) (22) 37 181 92 30 (33)
Net income before attribution of noncontrolling interests $ 381 $ 2,898 $ 231 $ 3,988 $ 2,505 $ 3,278 $ 4,218 $ 3,898
Noncontrolling interests 31 59 50 45 50 51 36 90
Citigroup’s net income $ 350 $ 2,839 $ 181 $ 3,943 $ 2,455 $ 3,227 $ 4,182 $ 3,808
Earnings per share (1)
Basic
Income from continuing operations $ 0.06 $ 0.89 $ 0.03 $ 1.22 $ 0.71 $ 0.98 $ 1.34 $ 1.24
Net income 0.06 0.88 0.03 1.24 0.77 1.01 1.35 1.23
Diluted
Income from continuing operations 0.06 0.88 0.03 1.22 0.71 0.98 1.33 1.24
Net income 0.06 0.88 0.03 1.23 0.77 1.00 1.34 1.23
Common stock price per share
High $ 56.37 $ 53.66 $ 49.58 $ 55.20 $ 53.29 $ 53.00 $ 53.27 $ 47.60
Low 49.68 46.90 45.68 46.34 47.67 47.67 42.50 41.15
Close 54.11 51.82 47.10 47.60 52.11 48.51 47.97 44.24
Dividends per share of common stock 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01
This Note to the Consolidated Financial Statements is unaudited due to the Company’s individual quarterly results not being subject to an audit.
(1) Due to averaging of shares, quarterly earnings per share may not add up to the totals reported for the full year.
[End of Consolidated Financial Statements and Notes to Consolidated Financial Statements]