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
04/22/201416:26:32Citigroup Shareholders Approve Leaders' Pay -- 4th Update
04/22/201413:36:14Citigroup Shareholders Approve Leaders' Pay -- 3rd Update
04/22/201413:10:08Citigroup Shareholders Approve Leaders' Pay -- 2nd Update
04/22/201411:10:07Citigroup CEO Addresses Fed Concerns
04/22/201411:04:11Citigroup CEO Addresses Fed Concerns at Annual Meeting
04/22/201410:50:33Citigroup Said to Seek Sale of 50 Branches in California -Bloomberg
04/15/201423:41:11Citi Picks Dewilde to Lead Asia Markets and Investor Services...
04/15/201416:48:51MARKET SNAPSHOT: Stocks Gain For 2nd Day In Row After Ukraine...
04/15/201415:52:11MARKET SNAPSHOT: Stocks Bounce Back As Ukraine Worries Ease
04/15/201415:01:49MARKET SNAPSHOT: Stocks Rebound As Ukraine Worries Ease Slightly
04/15/201413:57:11MARKET SNAPSHOT: Stock Losses Deepen As Ukraine Tensions Escalate
04/15/201413:28:33MARKET SNAPSHOT: Stock Losses Deepen Amid Deepenng Ukraine Tensions
04/15/201412:01:52MARKET SNAPSHOT: Stocks Rattled By Housing Data, Ukraine Tensions
04/15/201410:08:36MARKET SNAPSHOT: U.S. Stocks Gain As Coke, J&J Jump After Earnings
04/15/201408:52:57U.S. Stock Futures Rise
04/15/201404:50:10European Markets Steadying After Heavy Losses
04/15/201404:33:21European Markets Steadying After Last Week's Heavy Losses
04/14/201419:30:18Citi's Mexico Unit Says Fraud Will Cut Profit by $112 Million
04/14/201419:20:37Citi's Mexico Unit Says Fraud Will Cut 1Q Profit by $112 Million
04/14/201416:42:11MARKET SNAPSHOT: Stocks Rebound; Nasdaq Erases Late Swoon

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