Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Assets | $2,260,090 | $2,291,413 | $2,416,676 | $2,411,834 | $2,352,945 |
Liabilities | $2,059,890 | $2,088,741 | $2,214,838 | $2,205,583 | $2,143,579 |
Equity | $199,442 | $201,972 | $201,189 | $205,453 | $208,598 |
Edwyn
Over the past five years, Citigroup Inc has exhibited a consistent growth trend in its total assets, increasing from $2.26 trillion in 2020 to $2.35 trillion in 2024. This indicates the company's ability to expand its operations and potentially take advantage of market opportunities. On the other hand, total liabilities have also been on the rise, climbing from $2.06 trillion in 2020 to $2.14 trillion in 2024. Despite this increase, the company has managed to maintain a healthy stockholders' equity position, with fluctuations but overall remaining relatively stable, hovering around the $200 billion mark. Noteworthy fluctuations can be seen in the year 2022, where there was a significant jump in both assets and liabilities. This could potentially be attributed to strategic acquisitions or investments made by Citigroup during that period. The increase in equity in 2023 and 2024 could indicate improved profitability or successful management of debt levels. In the broader industry context, these trends suggest Citigroup's strong position in the market, with a focus on growth while maintaining a solid financial foundation.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.