# Citigroup Inc (C)

> Citigroup is a global bank that takes deposits, makes loans, processes payments, trades financial assets, advises companies, and serves card and wealth clients.

- Exchange: NYSE · Sector: Financials · Industry: Banks Diversified
- Headquarters: New York City, New York, United States
- Founded: 1998
- Employees: 219,000 (Q2 2026)
- SEC CIK: 0000831001 ([filings on EDGAR](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000831001))
- Full page: https://inspectstocks.com/stocks/c
- Data as of: price 2026-09-25; newest filing used 2026-02-20; latest fiscal period ended 2025-12-31

## Grade

**C** on the balance-sheet rubric used for lenders, 3 of 5 checks passed.

| Check | Result | Now | Before |
| --- | --- | --- | --- |
| Profitable | passed | $14.3B |  |
| Earnings growing overall | failed | $14.3B | $14.8B |
| Earnings growing recently | passed | $14.3B | $12.7B |
| Earns well on its assets | failed | 0.5% |  |
| Book value per share growing | passed | $113.34 | $102.42 |

Business quality (the + / − mark): 4 of 8 checks passed.

| Check | Result | Now | Before |
| --- | --- | --- | --- |
| Profitable | passed | 16.8% |  |
| Healthy profit margin | passed | 16.8% |  |
| Good return on equity | failed | 6.7% |  |
| Debt under control | passed | 1.60 |  |
| Turns sales into cash | failed | -87.0% |  |
| Earns a wide spread on lending | failed | 2.3% |  |
| Runs the bank efficiently | failed | 64.7% |  |
| Credit losses well covered | passed | 11.1% |  |

How the grade works: the letter counts failed checks (none → A, one → B, two → C, three → D, four or more → F). It is built from SEC filings only — the share price never enters it — and describes the business, not whether the stock is worth buying.

## Key figures

In US dollars, as filed.

| Measure | Value |
| --- | --- |
| Revenue, trailing twelve months | $85.2B |
| Net income, trailing twelve months | $14.3B |
| Free cash flow, trailing twelve months | -$74.2B |
| Net margin | 16.8% |
| Return on equity | 6.7% |
| Debt to equity | 1.60 |
| Diluted EPS, trailing twelve months | $6.99 |
| Share price | $134.28 |
| Market value | $234.9B |
| Price / earnings | 19.2x |
| Price / sales | 2.8x |

## What the business does

Citigroup serves companies, governments, financial institutions and individual customers. Its businesses handle corporate payments and securities custody, trading and financing, company fundraising and lending, wealth services, and consumer credit cards. It earns money from interest on loans and deposits, fees for financial services, and trading and financing for clients.

### How it makes money

- **Services** (25.8% (Q2 2026)) — Earns interest from client deposits and loans, and fees for payments, trade services, clearing, custody and administration of securities.
- **Markets** (28.3% (Q2 2026)) — Earns revenue from client trading, market-making, financing and brokerage, including interest and gains or losses related to financial assets and hedges.
- **Banking** (7.8% (Q2 2026)) — Receives fees for advising on company transactions and arranging debt and stock sales, plus interest on corporate loans.
- **Wealth** (12.8% (Q2 2026)) — Earns fees from investment services and interest from client deposits and loans.
- **U.S. Consumer Cards** (18.3% (Q2 2026)) — Earns interest on card balances and revenue from card fees and purchases made with its cards.
- **All Other—managed basis** (7.0% (Q2 2026)) — Includes revenue from remaining legacy businesses and corporate activities; it is not a single customer product.

### Products

- **Treasury and Trade Solutions** — Services that help companies, financial institutions and public organizations manage cash, make payments, handle trade and arrange working capital.
- **Securities Services** — Safekeeping, processing and administration of securities for investors and organizations that issue securities.
- **Markets** — Trading and financing services in stocks, currencies, interest rates, bonds and commodities, including brokerage and prime services for institutional clients.
- **Investment Banking and Corporate Lending** — Advice on mergers, acquisitions and other company transactions; help raising money by selling stocks or bonds; and loans to companies.
- **Wealth services** — Banking and investment services for affluent customers, private-bank clients and people served through Citigold and the retail bank.
- **U.S. Consumer Cards** — General-purpose and store-branded credit cards, including cards connected to American Airlines.

### Customers

- Multinational companies and other corporations buy cash management, payment, trade, lending, trading and fundraising services, usually through ongoing banking relationships and transaction fees.
- Banks and other financial institutions use payment processing, securities custody, clearing, trading and financing services.
- Governments and other public-sector organizations use cash management, payment and trade services.
- Investors and organizations that issue securities use custody, administration, trading and related services.
- U.S. consumers use Citi credit cards to make purchases and may carry balances or pay card fees.
- Affluent and private-bank clients use banking, lending and investment services through Citi's wealth businesses.

### Competitors

- JPMorgan Chase & Co. (JPM) — Corporate banking, payments, trading, investment banking, wealth services and consumer cards.
- Bank of America Corporation (BAC) — Corporate banking, payments, trading, investment banking, wealth services and consumer cards.
- Wells Fargo & Company (WFC) — Corporate banking, lending, wealth services and consumer banking and cards.
- The Goldman Sachs Group, Inc. (GS) — Trading, investment banking, corporate financing and wealth services.
- Morgan Stanley (MS) — Trading, investment banking and wealth services.
- HSBC Holdings plc (HSBC) — International corporate banking, payments, trade services, trading and wealth services.

### What it depends on

- Interest income and funding depend in part on client deposits, the cost of those deposits and the interest earned on loans and other assets.
- Markets revenue depends on client demand for trading and financing and on activity in currencies, interest rates, equities, bonds and commodities.
- Consumer card business depends on cardholder borrowing and spending and on relationships with card partners, including the American Airlines co-branded card business.
- The company is still working on regulatory remediation, including data governance and regulatory reporting, and the timing of closing its consent orders is determined by regulators.

### What could go wrong

- Changes in interest rates, inflation, geopolitical conflicts, government policy or economic growth could affect clients, deposit and funding costs, financial-market activity, credit losses and Citi's results.
- Borrowers may fail to repay loans or card balances. Citi's consumer card, corporate lending and remaining legacy businesses, including Mexico, expose it to consumer and company credit losses.
- Citi's multiyear regulatory transformation is not complete. Remaining remediation work, including data governance for regulatory reporting, and regulators' review of the work could affect expenses and the timing of consent-order closure.

## More on this company

- [Overview](https://inspectstocks.com/stocks/c)
- [Financial statements](https://inspectstocks.com/stocks/c/financials)
- [Competitors](https://inspectstocks.com/stocks/c/peers)
- [Earnings](https://inspectstocks.com/stocks/c/earnings)

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Source: InspectStocks, built from the company’s own SEC filings. This describes a business — it is not investment advice and not a recommendation to buy or sell anything.