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32 - Citigroup

Automated teller machines (ATM) are seen inside a Citigroup Inc. bank branch in Chicago, Illinois, U.S., on Saturday, July 8, 2017. Citigroup Inc. is scheduled to release earnings figures on July 14. Photographer: Christopher Dilts/Bloomberg via Getty Images Christopher Dilts — Bloomberg via Getty Images

All things considered, 2017 was a relatively calm and scandal-free year for the bank–if not a generally optimistic one. As a Wall Street-friendly administration appeared in Washington D.C. at the turn of the year, Citigroup also sought to set a new stage for itself. After years of restructuring, stalled earnings, and a stock price that lagging behind its big-bank-peers, Citigroup signalled that it was ready to accelerate growth once again during its first investors day since the Financial Crisis. The bank said it plans to boost earnings per share to $9 by 2020, up 69% in the course of three years. What’s the game plan for getting there? A major part included Citi’s so-called global network–a payments processor that reaches more countries than that of any other major bank.

Key Metrics & Financials (Last Fiscal Year)

Previous Rank30
Revenues ($M)$87966
Revenue Percent Change6.8%
Profits ($M)$-6798.0
Profits Percent Change-145.6%
Assets ($M)$1842465
Market Value — as of March 29, 2018 ($M)$172822
Employees209000

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Company Facts

Employees209000
SectorFinancials
IndustryCommercial Banks
HQ LocationNew York City
CEOMichael L. Corbat
CEO Title-
Websitewww.citigroup.com
Years on Fortune 500 List24

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