- Rank26
- Previous Rank26
- CEOMichael L. Corbat
- Address399 Park Ave., New York, NY 10022
- Websitewww.citigroup.com
Michael Corbat faced quite a challenge when he took over for ousted Citigroup CEO Vikram Pandit in October 2013. After his first year, he’s probably pretty happy with what he’s done so far with the banking giant: The firm pocketed $13.2 billion in profits in 2013, up 81% from the previous year’s $7.5 billion. The company saw a decrease in revenue from global consumer banking in 2013, but made up for that with a 15% increase in revenues from securities and banking. But Citi’s year was not all about financial engineering. New Yorkers were able to enjoy one of Citi’s more visible marketing campaigns in recent memory courtesy of the now-ubiquitous, royal blue Citi Bikes.
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Key Financials
| $ Millions | % change | |
|---|---|---|
| Revenues | 93,629 | 3.2 |
| Profits | 13673 | 81.3 |
| Total Assets | 1,880,382 | - |
| Total Shareholder Equity | 204,339 | - |
| Market Value (on March 31, 2014) | 144,627 | - |
Profit as a % of
| Sales | 14.6 |
| Assets | 0.7 |
| Stockholders' Equity | 6.7 |
Earnings Per Share
| Earnings Per Share ($) | 4.35 |
| EPS % Change (from 2012) | 78.3 |
| EPS % Change (5 year) | - |
| EPS % Change (10 year) | -18.6 |
Total Return to Investors
| Total Return to Investors | 31.8 |
| Total Return to Investors (5 year, annualized) | -4.7 |
| Total Return to Investors (10 year, annualized) | -18.1 |
