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Citigroup Inc. operates in the financial sector, within the regional banks industry, and was founded in 1812 by a group of New York merchants aligned with then-U.S. President James Madison.

Since its inception, the company has grown into one of the largest financial holding companies in the world, offering a wide range of services to consumers, corporations, governments, and institutions.

Citigroup’s business structure is divided into two main segments: Global Consumer Banking (GCB) and Institutional Clients Group (ICG).

GCB serves retail clients in North America, Latin America, and Asia, providing traditional banking services and credit card products under the Citi brand.

ICG, on the other hand, is focused on corporate, institutional, and public sector clients, offering services such as investment banking, brokerage, cash management, trade finance, and financial advisory.

With a global presence, Citi manages approximately 200 million customer accounts and operates in 98 countries, conducting business in more than 160 jurisdictions.

Its global infrastructure enables it to serve different markets with solutions tailored to regional needs. Factors such as financial regulation, currency fluctuations, and interest rate changes directly influence Citigroup’s operations.

The company seeks to balance growth and risk management while consistently investing in digital transformation to optimize its services and expand its client base.

Its operational structure includes retail banks, investment centers, digital platforms, and financial advisory offices distributed worldwide.

Citigroup Inc. is listed on the New York Stock Exchange (NYSE) under the ticker C.

History and Founding of Citigroup Inc.

Citigroup Inc. was founded in 1812 in New York City, United States, by a group of merchants aligned with President James Madison.

The company emerged amid debates over the renewal of the First Bank of the United States’ charter and was officially established on June 16, 1812, under the name City Bank of New York.

In its early years, the bank focused on financing trade and providing banking services to local businesses. Over time, it expanded its portfolio of products and services by acquiring other financial institutions and increasing its international presence.

Business diversification and global expansion accelerated throughout the 20th century, positioning Citigroup as one of the world’s leading financial institutions.

With Citigroup’s IPO in 1986, the company’s growth was further supported, allowing for investments in new technologies and emerging markets.

However, it was the 1998 merger between Citicorp and Travelers Group that truly solidified the company, creating one of the largest financial conglomerates of its time. The bank continued to grow and celebrated its bicentennial in 2012, reaffirming its status in the global financial sector.

Between 2020 and 2024, Citigroup focused on modernizing its operations, investing in financial technology and business restructuring. Changes in shareholder composition and a greater emphasis on digitization marked this period, as the company aimed to maintain competitiveness in the global market.

With over two centuries of history, Citigroup Inc. continues to expand its operations and adapt to changes in the financial industry, maintaining its status as one of the largest banking institutions in the world.

Additional Information

The Company Citigroup Inc. (United States), is listed on NYSE with a market value of $ 205.67 Billions, having an equity of $ 213.82 Billions.

With a total of 200.000 employees, the company is listed in the sector of Financial and categorized in industry of Banks.

In the last 12 months the Company had a revenue of $ 85.21 Billions, which generated a profit in the amount of $ 14.31 Billions.

As for its main indicators, the Company has a P/E ratio of 14.38, a P/BV ratio of 0.96 and in the last 12 months the dividend yield of C was at 2.00%.

The Company is traded internationally through the ticker C.