April 13 (Reuters) - Citigroup Inc:
* FIXED INCOME MARKETS REVENUES OF $3.4 BILLION IN Q1 2018 DECREASED 7%
* QTRLY EQUITY MARKETS REVENUES OF $1.1 BILLION INCREASED 38%
* ON TRACK TO MEET COMMITMENT CO OUTLINED AT INVESTOR DAY OF RETURNING AT LEAST $60 BILLION OVER 2017, 2018 AND 2019 CYCLES
* CITIGROUP SAYS WHILE “MARKET CONDITIONS HAVE BEEN UNEVEN SO FAR THIS YEAR”, Q1 RESULTS SHOW CO’S ABILITY TO DELIVER FOR BOTH CLIENTS, SHAREHOLDERS
* CITIGROUP’S ALLOWANCE FOR LOAN LOSSES WAS $12.4 BILLION AT QUARTER END COMPARED TO $12.0 BILLION
* QTRLY NET INCOME INCREASE DRIVEN BY HIGHER REVENUES, LOWER EFFECTIVE TAX RATE, PARTIALLY OFFSET BY HIGHER EXPENSES AND COST OF CREDIT
* QTRLY CITIGROUP ADJUSTED NET INCOME $4,620 MILLION Source text for Eikon: Further company coverage: