Citigroup Net Worth (Updated 2026).
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Citigroup, a global financial services major, traces its origins back to 1812 when the City Bank of New York was established. This institution, founded by a group of prominent New York merchants, initially focused on providing banking services to the local community and businesses. Over time, it grew steadily, expanding its services and presence across the United States.
In the late 19th and early 20th centuries, the bank, then known as National City Bank, began to establish a global footprint. It opened its first international branch in Argentina in 1918, marking the start of its international expansion. This strategic move was driven by the visionary leadership of men like Frank A. Vanderlip, who saw the potential in global banking and helped transform the institution into a truly international player.
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Citigroup’s Current Net Worth (2025)
As of 2025, Citigroup’s current net worth is approximately $185 billion, according to the latest available information. This figure represents the company’s total assets minus its total liabilities, providing a snapshot of its overall financial health.
Career
Citigroup’s career spans over 200 years, beginning as the City Bank of New York in 1812. It has evolved through numerous mergers and acquisitions, becoming a global financial services company. Today, it operates in more than 160 countries and jurisdictions, offering a wide range of financial products and services.
Other Ventures
Beyond its core banking operations, Citigroup has ventured into various businesses. These include wealth management, investment banking, and credit cards. Its subsidiary, Citibank, is one of the largest credit card issuers in the U.S. Additionally, Citigroup’s investment banking division, Citi Global Markets, provides services in areas like equity and fixed income securities, along with derivatives and foreign exchange.
Assets
Citigroup’s assets are diverse and extensive. As of 2021, its total assets were valued at over $2 trillion. This includes loans and leases, securities, and cash and cash equivalents. The company’s vast global network allows it to manage a wide range of assets, from corporate loans to government bonds.
Annual Income
Citigroup’s annual income is a significant indicator of its financial performance. In 2021, the company reported total revenue of $77.2 billion. This figure is derived from various sources, including interest income, fees and commissions, and net gains on investments. Despite fluctuations due to economic conditions, Citigroup’s annual income typically exceeds $70 billion.
Frequently Asked Questions about Citigroup
Frequently Asked Questions: Citigroup Net Worth
1. What is Citigroup’s net worth?
Citigroup’s net worth is estimated to be around $285 billion as of the latest data.
2. How does Citigroup compare to other major banks in terms of net worth?
Citigroup is one of the largest banks in the world by net worth, ranking alongside banks like JPMorgan Chase, Bank of America, and Wells Fargo.
3. What are the main sources of Citigroup’s wealth?
Citigroup’s wealth comes primarily from its global operations in investment banking, wealth management, and retail banking. It also has significant assets in various financial markets.
4. How has Citigroup’s net worth changed over time?
Citigroup’s net worth has fluctuated over the years, influenced by market conditions, economic cycles, and regulatory changes. It has seen significant growth since its founding in 1812.
5. What is Citigroup’s market capitalization?
Citigroup’s market capitalization, which is the total value of its outstanding shares, is around $140 billion as of the latest data.
6. How many employees does Citigroup have?
Citigroup employs approximately 200,000 people worldwide.
7. In which countries does Citigroup operate?
Citigroup has operations in over 160 countries and jurisdictions worldwide.
8. What are some of Citigroup’s most notable subsidiaries?
Some of Citigroup’s notable subsidiaries include Citibank, Smith Barney, and Citigroup Global Markets.
9. What is Citigroup’s role in the 2008 financial crisis?
Citigroup, like many other large financial institutions, was significantly affected by the 2008 financial crisis. It received a $25 billion bailout from the U.S. government and has since implemented changes to improve its risk management practices.
10. How does Citigroup contribute to corporate social responsibility?
Citigroup engages in various corporate social responsibility initiatives, including environmental sustainability, community development, and financial inclusion efforts. It also provides disaster relief and supports arts and culture programs.
