Citi Statement For Jan 2024. Chief executive sets out new management structure and warns of job losses. Broader markets were bigger outperformers with the midcap index going up by 45% and the smallcap index rallying 55% for the year.
Reported net income for the first quarter 2024 was $3.4 billion, or $1.58 earnings per diluted share, versus the $2.59 billion figure or $1.17 eps, analysts had. In 2023, we retired 6% of our legacy platforms for the second year in a row โ a trend we continued in the first quarter of 2024.