Discontinued — last reported Q3 '23
Citigroup Legacy Franchises — Total commissions and fees decreased by 15.8% to $262.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 14.9%, from $308.00M to $262.00M. This is a positive signal — lower values indicate better performance for this metric.
A decline is expected as the business unit shrinks, while sustained high levels may indicate difficulty in exiting the market or retaining clients.
The aggregate revenue generated from service charges, transaction fees, and advisory commissions within business segment...
Comparable to 'Non-interest income from discontinued operations' reported by peers during major corporate restructuring.
c_segment_legacy_franchises_total_commissions_and_fees| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $452.00M | $442.00M | $404.00M | $341.00M | $338.00M | $308.00M | $303.00M | $317.00M | $311.00M | $262.00M |
| QoQ Change | — | -2.2% | -8.6% | -15.6% | -0.9% | -8.9% | -1.6% | +4.6% | -1.9% | -15.8% |
| YoY Change | — | — | — | — | -25.2% | -30.3% | -25.0% | -7.0% | -8.0% | -14.9% |