Citigroup Inc. operates in the National commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Citigroup Inc. with three other
companies in this sector in UNITED STATES :
Wells Fargo & Company
(2020
sales of $79.50 billion
of which 43%
was Consumer Banking and Lending),
Bank of America Corporation
($94.49 billion
of which 35%
was Consumer Banking), and
JPMorgan Chase & Co.
($129.50 billion
of which 40%
was Consumer & Business Banking).
Sales Analysis.
During the second
quarter of 2021, sales at Citigroup Inc. totalled
$19.75 billion.
This is a drop of 15.4%
from the $23.35 billion in sales at the company during the second quarter in 2020.
During the first two
quarters of 2021, sales totalled $41.52 billion, which is
16.6% lower
than through the first two quarters of 2020.
Citigroup Inc. reported sales of $89.01 billion
for the
year ending
December of 2020.
This
represents
a
decrease of 14.0%
versus 2019, when the company's sales were $103.48 billion.
The sales level in 2020 was fairly close to the level five years ago: in 2015, Citigroup Inc. had sales
of $88.54 billion.
Contributing to the drop in overall sales was the 97.3% decline
in Corporate/other, from $2.01 billion to $54.00 million.
There were also decreases in sales in
Global Consumer Banking (down 9.0% to $29.99 billion)
.
However, these declines were partially offset by the increase in sales of
Institutional Clients Group (up 12.6% to $44.25 billion)
.