Citigroup
0.7 %
15.73 %
Yet to be announced
Company Overview
Citigroup Inc. provides various financial products and services to consumers, corporations, governments, and institutions. The company operates in two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG) The GCB segment offers traditional banking services to retail customers through retail banking, Citi-branded cards, and Citi retail services. The ICG segment offers wholesale banking services, including fixed income and equity sales and trading, foreign exchange, prime brokerage, derivative, equity and fixed income research, corporate lending, and investment banking.
Revenue Sources
FailAs a major financial institution, Citigroup's core business model revolves around interest-based lending and financial services. The company generates significant revenue from traditional banking activities, including loans and credit products, which are interest-based.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Dec. 31, 2024 | $19.58b | $21.31b | $13.73b | $21.31b | 70.13% | 100.00% |
| Sept. 30, 2024 | $20.32b | $23.09b | $13.36b | $23.09b | 65.77% | 100.00% |
| June 30, 2024 | $20.14b | $22.49b | $13.49b | $22.49b | 67.00% | 100.00% |
| March 31, 2024 | $21.1b | $22.72b | $13.51b | $22.72b | 64.00% | 100.00% |
Based on the financial data provided, Citigroup demonstrates a significant reliance on interest-based operations. The interest income represents a substantial portion of total revenue, consistently exceeding 60% across all quarters analyzed. Similarly, interest expenses constitute a major portion of total expenses, indicating that interest is fundamental to the company's business model.
Operational Ethics
FailCitigroup maintains operations in both China and Israel. While the company has business relationships in these regions, specific ongoing material connections to the Chinese Communist Party or direct involvement in Israeli operations that would constitute a clear violation of this criterion are not definitively documented.
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