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Citigroup Inc.

Banking & Financial ServicesFounded 1812
Reviewed by Swet Parvadiya
Company data updated: October 2026
Independent Editorial Analysis
5 historical events · Editorial analysis

Citigroup Company Profile: Revenue, Business Model & Strategy

Research depth: 5 milestones · 10 FAQs

Citigroup (NYSE: C) is a global bank headquartered in New York and led by Chair and CEO Jane Fraser. It reported $85.2 billion of revenue and $14.3 billion of net income in 2025, had about 219,000 employees in mid-2026, and traces its roots to City Bank of New York (1812).

How Citigroup makes money: Citigroup makes money from net interest income on loans and deposits and from fees on payments, trading, advisory and wealth services. It reports five businesses.

Revenue & employeesCEO historyFoundersBusiness model
Annual Revenue (FY2025)$85.2B
Employees219,000
CEOJane Fraser
Founded1812
IndustryBanking
By Swet ParvadiyaLast reviewed:
Data sources: annual reports, SEC filings, methodology
Industry:Banking & Financial Services

Citigroup Inc. key figures

Citigroup Inc. had revenue of $85.2B for fiscal year 2025, up 5.6% from FY2024. Net income was $14.3B, a net margin of 16.8%.

Source: Citigroup Inc annual report (SEC EDGAR, filed 2026-02-20) · Last reviewed July 2026

Revenue growth, FY2016 to FY2025
+2.1% a year
Compound annual rate, $70.8B to $85.2B
Peak revenue year
FY2025
The latest annual year is the highest in this series
Revenue per employee
$389,155
FY2025 revenue divided by 219,000 employees; headcount may use another date
Current chief executive
Jane Fraser
In the role since 2021 (5 years)
Documented transactions
4
Between 1998 and 2001
Founded
1812
214 years ago
Where was Citigroup founded?
Citigroup was founded in New York City, United States in 1812. wikidata.org
When did Citigroup start?
Citigroup was founded in 1812.
Who founded Citigroup?
Citigroup was founded by Samuel Osgood and Sanford I. Weill.
How old is Citigroup?
Citigroup is 214 years old as of 2026.
In-Depth Analysis

Citigroup Inc. reported $85.225B in 2025 revenue and approximately 226,000 full-time employees in its latest annual disclosure. The company is led by Jane Fraser and operates across banking, payments, markets, cards, lending, and wealth management.

How Citigroup Inc. Makes Money

Citi earns revenue from net interest income, transaction banking, securities services, markets trading, investment banking, credit cards, lending, and wealth management.

Latest Financial Snapshot

2025 revenue was $85.225B, and net income was $14.306B.

Why The Company Matters

Citigroup matters because its global corporate-banking and payments network remains hard for regional or domestic banks to replicate.

Table of Contents

Citigroup Inc. Key Facts

CompanyCitigroup Inc.
Annual revenue change+5.6% (FY2024–FY2025)
Financials$85.2B (FY2025, last reviewed October 2026)
Market Cap$221.3B
FY2025 net income$14.3B
Last reviewedBy Swet Parvadiya, Founder & Editor - July 2026
Founded1812
Founder(s)Samuel Osgood, Sanford I. Weill
CEOJane Fraser
HeadquartersNew York, New York
IndustryBanking & Financial Services
Employees219,000+

Citigroup Company Profile: Revenue, Business Model & Strategy

"Seventeen years after needing the largest bailout of the 2008 crisis, Citigroup earned $14.3 billion on $85.2 billion of revenue in 2025. In Q2 2026 it posted its best quarterly revenue in a decade."

Citigroup (NYSE: C) is a global bank headquartered in New York and led by Chair and CEO Jane Fraser. It reported $85.2 billion of revenue and $14.3 billion of net income in 2025, had about 219,000 employees in mid-2026, and traces its roots to City Bank of New York (1812).

Revenue

$85.2B

Founded

1812

Author: CorpDigest Research DeskCompany Research

Recorded annual revenue change

Citigroup Inc. had $80.7B of annual revenue in FY2024 and $85.2B in FY2025. Revenue rose 5.6% between those fiscal years.

Source for FY2025

Compare Citigroup Inc. With

Citigroup Inc. vs Wells FargoStrategic Comparison

Explore Citigroup In Depth

Detailed research across every dimension of Citigroup — history, financials, leadership, and strategy.

Company History

Citigroup (Citi) is one of the four largest U.S. banks and the most international of them. It serves multinational companies, financial institutions, governments and U.S.

Full Citigroup history →

Revenue & Financials

Citigroup had $85.2B in revenue for fiscal year 2025. Data covers 10 fiscal years. Market capitalization stands at approximately $221B.

Citigroup financials →

Founders

Citigroup was founded by Samuel Osgood, Sanford I. Weill in 1812 in New York City, United States. Explore each founder's background, motivations, and their role in building the company.

Citigroup founders →

CEO & Leadership

Citigroup is currently led by Jane Fraser. Explore the full CEO history — leadership transitions, tenures, and the strategic decisions of each chief executive.

Citigroup CEO history →

Business Model

Citigroup makes money from net interest income on loans and deposits and from fees on payments, trading, advisory and wealth services. It reports five businesses.

How Citigroup makes money →

Acquisitions

Citigroup has completed 4 documented acquisitions. Explore the full acquisition history and strategic rationale behind each deal.

Citigroup acquisitions →

Competitive Strategy

Jane Fraser's strategy has three parts: simplify, invest and return capital. In 2023-2024 she removed the regional CEO layer, cut management layers and reorganized Citi into five reporting businesses.

Citigroup strategy →

Related Company Comparisons

CorpDigest Research Desk

 Research Profile

Our analysts compile business strategy profiles from public financial filings, press releases, and analyst reports. Each profile is reviewed for accuracy before publication by our editorial desk and updated on a rolling basis.

About the Author →Our Methodology →

Sources & References

All data point citations [1], [2], etc. in the tables above refer to these primary sources.

Financial data on this page is sourced from SEC EDGAR filings, official earnings releases, and verified press statements. Revenue figures are reviewed and updated periodically. Read our full data methodology ->

Editorial Methodology

Company Research

We use company filings, annual reports, company statements and press reports, with primary sources preferred where available. Each financial row shows its recorded source. Full-year figures are separated from annualized run-rates, partial periods and forecasts; unaudited figures carry a label. Source detail varies by company, so check the linked material when the reporting basis matters.

1. Primary Sources

Public companies may provide filings and annual reports. Private-company figures may come from statements or press coverage. A missing figure stays missing, and a source link should identify where its number came from.

2. Expert Curation

We organize company records and review claims for strategic context, source quality and clarity. Pages show a review date where one is recorded.

3. Multi-Pass Audit

Technical checks flag inconsistent figures and missing links. Editorial review of the underlying source remains necessary for claims those checks cannot verify.

Swet Parvadiya
SEC filings & public records methodology
Sourced from public financial records

Frequently Asked Questions About Citigroup

What is Citigroup Inc. and what global banking operations does it manage?

Citigroup Inc. (NYSE: C) is a Fortune 50 American multinational investment bank and financial services holding company headquartered in New York City. Tracing its origins back to 1812, Citi says it serves clients in more than 180 countries and jurisdictions through five businesses: Services, Markets, Banking, Wealth and U.S. Personal Banking. It reported $85.2 billion of revenue and $14.3 billion of net income in 2025.

Who is the Chief Executive Officer of Citigroup Inc.?

Jane Fraser has served as Chief Executive Officer of Citigroup Inc. since March 2021 and was also named Chair of the Board in October 2025. She was the first woman to lead a major Wall Street bank. Gonzalo Luchetti is Chief Financial Officer. Fraser has led a sweeping multi-year corporate transformation, divesting non-core international consumer banking franchises, simplifying management structures, and focusing on high-return corporate businesses.

What major stock exchange lists Citigroup Inc. shares?

Citigroup Inc. is publicly traded on the New York Stock Exchange under the ticker symbol C. The company is a constituent of the S&P 100, S&P 500, and Fortune 500 indices and is designated by global regulators as a Global Systemically Important Bank (G-SIB).

What are the five interconnected core business divisions of Citigroup?

Under CEO Jane Fraser's reorganized structure, Citi operates through five core lines of business: Services (Treasury and Trade Solutions, Securities Services), Markets (fixed income, currencies, commodities, equities trading), Banking (investment banking, corporate lending), U.S. Personal Banking (branded credit cards, retail branches), and Global Wealth Management (Citi Private Bank, Wealth at Work).

What is Citi Treasury and Trade Solutions (TTS) and why is it Citi's most valuable asset?

Treasury and Trade Solutions (TTS) is Citi's cash management, payments, liquidity and trade finance business for multinational corporations, financial institutions and public-sector clients. Together with Securities Services it forms the Services segment, which posted record Q2 2026 revenue of $6.4 billion (up 18%) and a 30.9% return on tangible common equity, the highest of any Citi business. Cross-border transaction value grew 13% year over year.

Who owns Citigroup?

Citigroup is a widely held public company listed on the NYSE (ticker C) and owned by its shareholders, mostly large institutional investors and index funds. No single person or family controls it. The U.S. government held about a third of Citi's common stock after the 2008-2009 rescue but sold its last shares in December 2010. Citi's market capitalization was about $221 billion in late September 2026.

Where is Citigroup headquartered and how many associates work at the bank?

Citigroup is headquartered at 388 Greenwich Street in Tribeca, New York City, Citi had about 226,000 employees at the end of 2025 and about 219,000 by mid-2026. Headcount is falling as the bank carries out the roughly 20,000 job cuts it announced in January 2024 and exits international consumer markets.

Who are Citigroup's main competitors?

Citigroup's main competitors are JPMorgan Chase, Bank of America, Wells Fargo, Goldman Sachs, Morgan Stanley and HSBC. JPMorgan and HSBC compete most directly in global transaction banking and payments. Goldman Sachs and Morgan Stanley compete in trading, investment banking and wealth. Bank of America, Wells Fargo and card lenders such as Capital One and American Express compete with Citi's U.S. consumer business.

How did Citigroup perform in 2026?

In Q2 2026 Citigroup reported revenue of $24.8 billion (up 14%, its best quarter in a decade), net income of $5.8 billion (up 45%), EPS of $3.15 and RoTCE of 13.0%. It began a $30 billion buyback, planned a 12% dividend increase after the 2026 Fed stress test, and guided to 10-11% RoTCE for the full year. Q3 2026 results are scheduled for October 13, 2026.

Who founded Citibank?

The modern Citigroup is the result of a 1998 merger between Citicorp and Travelers Group, but its earliest roots trace back to the City Bank of New York, founded in 1812 with Samuel Osgood as its first president.

Strategic Face-Off

Head-to-Head Comparisons

How does Citigroup Inc. stack up against its biggest rivals? Compare revenue, business models, SWOT, and competitive moats side by side.

RivalryVS

Citigroup Inc. vs Wells Fargo

Revenue scale, margin comparison, and long-term moat analysis.

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RivalryVS

Citigroup Inc. vs The Goldman Sachs Group, Inc.

Revenue scale, margin comparison, and long-term moat analysis.

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Explore Citigroup

Core profile pages, founders and related research hubs for this company.

Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.