ADVFN - Advanced Financial Network.
HOME» NYSE » C » C Stock Price » C Stock News

Citigroup Share News

 Citigroup Stock Price
C Stock Price
 Citigroup Stock Chart
C Stock Chart
 Citigroup Stock News
C Stock News
 Citigroup Company Information
C Company Information
 Citigroup Stock Trades
C Stock Trades

Citi's Polish Unit Handlowy 2Q Net Profit Rises 52%

WARSAW -(Dow Jones)- Bank Handlowy w Warszawie SA (BHW.WA), Citigroup Inc.'s (C) Polish unit, Tuesday said its second-quarter net profit rose 52% compared with a year earlier as interest income grew and the bank took profits on debt instruments amid falling yields. MAIN FACTS: --Bank Handlowy's second-quarter net profit rose to 230.8 million zlotys ($69.9 million) from PLN151.4 million a year earlier. --Net interest income grew 6% on the year to PLN368.8 million. --Net fee and commission income fell 9.8% to PLN151.2 million. --Writedowns for non-performing loans totaled PLN20 million, higher than PLN15.3 million a year earlier. --Profit on trading of financial instruments and debt securities increased sharply, partly due to lower yields. --Bank Handlowy said signs of economic slowdown in Poland became visible in the second quarter and May was the first month since early 2011 when the combined net profit of the Polish banking sector was below PLN1 billion, largely on bad loans given to companies in the construction sector. Write to Marcin Sobczyk at marcin.sobczyk@dowjones.com Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Citigroup (C)
DateTimeHeadline
04/21/201516:20:10Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
04/21/201516:03:08Oil Prices Fall as Saudi-Led Military Operation in Yemen Ends
04/21/201514:51:08Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
04/21/201513:10:033 REITs That Can Make Your Grandkids Rich
04/21/201512:22:22Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
04/21/201512:20:07Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
04/21/201510:56:55Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
04/21/201510:22:06Oil Prices Fall on Concerns Rally Is Unsustainable
04/21/201506:20:20Oil Prices Fall
04/20/201510:15:56BMO Capital Markets Raises Citigroup Price Target to $66.00 (C)
04/20/201510:06:56Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
04/17/201516:36:49Citigroup Upgraded at TheStreet (C)
04/17/201513:00:43Keefe, Bruyette & Woods Raises Citigroup Price Target to $63.00...
04/17/201510:29:52Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
04/17/201505:50:07European Prices Fall for Fourth Month
04/16/201521:26:42Fed Is Expected to Shift on Muni Bonds
04/16/201519:21:50Big-Bank Profit Engines Accelerate
04/16/201517:07:36U.S. Stocks Edge Lower
04/16/201517:01:35MARKET SNAPSHOT: U.S. Stocks Finish Lower Amid Mixed Economic...
04/16/201515:45:20Citigroup's Earnings Improve, Top Estimates -- 5th Update

Citigroup and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad