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  • Previous Rank
    86
  • Revenues ($M)
    $88,275
  • Revenue Percent Change
    -2.6%
  • Profits ($M)
    $17,242
  • Profits Percent Change
    135.8%
  • Assets ($M)
    $1,731,210
  • Employees
    231,000

Citigroup’s far-flung operations have long been one of its greatest strengths. CEO Mike Corbat formerly ran the bank’s operations in Africa, Europe, and the Middle East, but being the most exposed to the emerging markets has been a liability lately. Still the firm’s financial strength is among the best of the big banks these days, a big turnaround from 2008, when Citi nearly failed in the financial crisis. Citi came back to life by becoming super cost efficient, but the boost from cost cutting may be coming to an end. Recently revenue has been falling faster than Citi can cut expenses.

Company Information

CEO
Michael L. Corbat
Sector
Financials
Industry
Banks: Commercial and Savings
HQ Location
New York, NY
Employees231,000
Websitehttp://www.citigroup.com
Years on Global 500 List22
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Citigroup Rank History

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Key Financials (last fiscal year)

($ Millions)% change
Revenues ($M)$88,275-2.6%
Profits ($M)$17,242135.8%
Assets ($M)$1,731,210-
Total Stockholder Equity ($M)$221,857-

Profit Ratios

Profit as % of Revenues19.5%
Profits as % of Assets1%
Profits as % of Stockholder Equity7.8%