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This is financial data of a XYZ Bank. Evaluate this data, what is going on ? In other words do you trust this bank is
This is financial data of a XYZ Bank. Evaluate this data, what is going on ? In other words do you trust this bank is OK ?
Consolidated Income Statement for FY 2020 This slide highlights the consolidated income statement for the financial year 2020 in terms of revenues, operating expenses, and total comprehensive income. In Million of dollars 2020 2019 REVENUES Dividends from subsidiaries $ $ Interest revenue 77.520 72,520 Interest revenue - intercompany 28,150 25,366 Interest Expense Interest Expense - intercompany NET INTEREST REVENUE $ 48,352 $ 47,550 Commissions and fees $ 12.750 $ 12,850 9,850 9.750 Commissions and fees - intercompany Principal transactions Principal transactions-intercompany Other income 7,350 6,530 Other income - intercompany TOTAL NON-INTEREST REVENUES $ 25,950 $ 25,350 Total revenues, net of interest expense $ $ 72.850 75,250 8,550 Provisions for credit losses and for benefits and claims $ $ 7550 Operating expenses Compensation and benefits Compensation and benefits- intercompany $ CA 22,150 22,433 2,125 Other operating 2.453 Other operating-intercompany TOTAL OPERATING EXPENSES 43.100 $ 42.550 Equity in undistributed income of subsidiaries $ Income (loss) from continuing operations before income taxes $ 24.550 $ 24,450 Provision (Benefit) for income taxes 5,500 5.650 19,350 Income (loss) from continuing operations $ 20.250 $ Income (loss) from discontinued operation, net of taxes (5) 19,550 (9) 18,550 Net income before attribution of noncontrolling interests $ $ $ Noncontrolling interests 77 45 Net income (loss) $ 18,500 $ 19,350 Comprehensive income Add: other comprehensive income (loss) $ 950 $ (3,550) 16,560 Total Citigroup comprehensive income (loss) $ 21.250 Add: other comprehensive income attributable to noncontrolling interests S $ (55) 77 45 Add net income attributable to noncontrolling interests Total comprehensive income (loss) $ 20.550 $ 16,350 Comments Total comprehensive income for the year is $ xxxxx millions (USD) Write "comment" here Add text hereStep by Step Solution
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