As of February 2022, Citigroup was the fourth-largest bank in the United States, with assets of $1.7 trillion. Under Jane Fraser, who became the first woman to run a major U.S. bank when she became CEO in March 2021, Citigroup has been reorganizing and refocusing. Revenue dropped 10% in 2021 as the bank began implementing a plan to exit banking and other services in 13 international markets. One of those markets is Russia—but Citi was still doing business there when Russia invaded Ukraine. In April 2022, Citigroup said it could face losses of as much as $3 billion related to its Russia exposure. At the time, Fraser also said the bank had 200 employees continuing to work in Ukraine, assisting clients with payroll, supply chains, and obtaining food.
Victor J. Blue—Bloomberg via Getty Images
Company Information
As of 3/29/23
Country
U.S.
Headquarters
New York City
Industry
Commercial Banks
CEO
Jane Fraser
Website
Company Type
Public
Ticker
C
Revenues ($M)
$101,078
Profits ($M)
$14,845
Market Value ($M)
$98,507
Employees
239,903
Figures are for fiscal year ended Dec. 31, 2022. Market value as of March 8, 2023. Sources: S&P Global; Bloomberg.
Key Financials (Last Fiscal Year)
$ millions
% change
Revenues ($M)
$79,865
-10.1%
Profits ($M)
$21,952
98.7%
Assets ($M)
$2,291,413
-
Total Stockholder Equity ($M)
$201,972
-
Profit Ratios
Profit as % of Revenues
27.5%
Profits as % of Assets
1%
Profits as % of Stockholder Equity
10.9%
Earnings Per Share (Last Fiscal Year)
Earnings Per Share ($)
1,014
EPS % Change (from 2020)
114.8%
EPS % Change (5 year annual rate)
16.5%
EPS % Change (10 year annual rate)
10.8%
Total Return
Total Return to Investors (2021)
0.8%
Total Return to Investors (5 year, annualized)
3%
Total Return to Investors (10 year, annualized)
10.3%
Citigroup Rank History
Historical Data
| Year | Revenues ($M) | Profits ($M) | Assets ($M) | Total Stockholder Equity ($M) |
|---|---|---|---|---|
| 2021 | $88,839-14.1% | $11,047-43.1% | $2,260,090 | $199,442 |
| 2020 | $103,4496.5% | $19,4017.5% | $1,951,158 | $193,242 |
| 2019 | $97,12010.4% | $18,045 | $1,917,383 | $196,220 |
| 2018 | $87,9666.8% | $-6,798-145.6% | $1,842,465 | $200,740 |
| 2017 | $82,386-6.7% | $14,912-13.5% | $1,792,077 | $225,120 |
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Latest news for Citigroup
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