vs
花旗集团（C）与美国合众银行（USB）财务数据对比。点击上方公司名可切换其他公司
花旗集团的季度营收约是美国合众银行的2.7倍（$19.9B vs $7.4B），美国合众银行净利率更高（27.8% vs 12.4%，领先15.3%）
花旗集团（常简称Citi）是总部位于美国纽约的跨国投资银行及金融服务巨头。集团于1998年由花旗银行的控股公司花旗公司与旅行者集团合并成立，2002年旅行者相关业务被拆分独立运营。
美国合众银行是美国跨国银行机构，总部位于明尼苏达州明尼阿波利斯，在特拉华州注册成立。截至2025年为美国第五大银行，也是美国中西部规模最大的银行，被金融稳定委员会认定为系统重要性机构，旗下核心运营主体提供银行、投资、按揭等多元金融服务。
C vs USB — 直观对比
营收规模更大
C
是对方的2.7倍
$7.4B
净利率更高
USB
高出15.3%
12.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $19.9B | $7.4B |
| 净利润 | $2.5B | $2.0B |
| 毛利率 | — | — |
| 营业利润率 | 19.2% | 34.4% |
| 净利率 | 12.4% | 27.8% |
| 营收同比 | — | 5.1% |
| 净利润同比 | — | 23.0% |
| 每股收益（稀释后） | $1.21 | $1.26 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收CUSB
| Q4 25 | $19.9B | $7.4B | ||
| Q3 25 | $22.1B | $7.3B | ||
| Q2 25 | $21.7B | $7.0B | ||
| Q1 25 | $21.6B | $7.0B | ||
| Q4 24 | — | $7.0B | ||
| Q3 24 | $20.3B | $6.9B | ||
| Q2 24 | $20.1B | $6.9B | ||
| Q1 24 | $21.1B | $6.7B |
净利润CUSB
| Q4 25 | $2.5B | $2.0B | ||
| Q3 25 | $3.8B | $2.0B | ||
| Q2 25 | $4.0B | $1.8B | ||
| Q1 25 | $4.1B | $1.7B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | $3.2B | $1.7B | ||
| Q2 24 | $3.2B | $1.6B | ||
| Q1 24 | $3.4B | $1.3B |
营业利润率CUSB
| Q4 25 | 19.2% | 34.4% | ||
| Q3 25 | 24.2% | 34.5% | ||
| Q2 25 | 24.1% | 32.7% | ||
| Q1 25 | 25.2% | 31.0% | ||
| Q4 24 | — | 30.1% | ||
| Q3 24 | 21.6% | 30.2% | ||
| Q2 24 | 21.4% | 29.9% | ||
| Q1 24 | 21.5% | 24.9% |
净利率CUSB
| Q4 25 | 12.4% | 27.8% | ||
| Q3 25 | 17.0% | 27.3% | ||
| Q2 25 | 18.5% | 25.9% | ||
| Q1 25 | 18.8% | 24.6% | ||
| Q4 24 | — | 23.7% | ||
| Q3 24 | 15.9% | 25.0% | ||
| Q2 24 | 16.0% | 23.3% | ||
| Q1 24 | 16.0% | 19.6% |
每股收益（稀释后）CUSB
| Q4 25 | $1.21 | $1.26 | ||
| Q3 25 | $1.86 | $1.22 | ||
| Q2 25 | $1.96 | $1.11 | ||
| Q1 25 | $1.96 | $1.03 | ||
| Q4 24 | — | $1.01 | ||
| Q3 24 | $1.51 | $1.03 | ||
| Q2 24 | $1.52 | $0.97 | ||
| Q1 24 | $1.58 | $0.78 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | — | — |
| 总债务越低越好 | $315.8B | — |
| 股东权益账面价值 | $212.3B | $65.2B |
| 总资产 | $2657.2B | $692.3B |
| 负债/权益比越低杠杆越低 | 1.49× | — |
8季度趋势，按日历期对齐
总债务CUSB
| Q4 25 | $315.8B | — | ||
| Q3 25 | $315.8B | — | ||
| Q2 25 | $317.8B | — | ||
| Q1 25 | $295.7B | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $299.1B | — | ||
| Q2 24 | $280.3B | — | ||
| Q1 24 | $285.5B | — |
股东权益CUSB
| Q4 25 | $212.3B | $65.2B | ||
| Q3 25 | $213.0B | $63.3B | ||
| Q2 25 | $213.2B | $61.4B | ||
| Q1 25 | $212.4B | $60.1B | ||
| Q4 24 | — | $58.6B | ||
| Q3 24 | $209.1B | $58.9B | ||
| Q2 24 | $208.3B | $56.4B | ||
| Q1 24 | $206.6B | $55.6B |
总资产CUSB
| Q4 25 | $2657.2B | $692.3B | ||
| Q3 25 | $2642.5B | $695.4B | ||
| Q2 25 | $2622.8B | $686.4B | ||
| Q1 25 | $2571.5B | $676.5B | ||
| Q4 24 | — | $678.3B | ||
| Q3 24 | $2430.7B | $686.5B | ||
| Q2 24 | $2405.7B | $680.1B | ||
| Q1 24 | $2432.5B | $683.6B |
负债/权益比CUSB
| Q4 25 | 1.49× | — | ||
| Q3 25 | 1.48× | — | ||
| Q2 25 | 1.49× | — | ||
| Q1 25 | 1.39× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.43× | — | ||
| Q2 24 | 1.35× | — | ||
| Q1 24 | 1.38× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $26.6B | $2.8B |
| 自由现金流经营现金流 - 资本支出 | $24.9B | — |
| 自由现金流率自由现金流/营收 | 125.4% | — |
| 资本支出强度资本支出/营收 | 8.2% | — |
| 现金转化率经营现金流/净利润 | 10.75× | 1.39× |
| 过去12个月自由现金流最近4个季度 | $-74.2B | — |
8季度趋势，按日历期对齐
经营现金流CUSB
| Q4 25 | $26.6B | $2.8B | ||
| Q3 25 | $1.1B | $3.4B | ||
| Q2 25 | $-36.6B | $2.0B | ||
| Q1 25 | $-58.7B | $-285.0M | ||
| Q4 24 | — | $4.8B | ||
| Q3 24 | — | $972.0M | ||
| Q2 24 | — | $2.9B | ||
| Q1 24 | $-10.8B | $2.7B |
自由现金流CUSB
| Q4 25 | $24.9B | — | ||
| Q3 25 | $-517.0M | — | ||
| Q2 25 | $-38.3B | — | ||
| Q1 25 | $-60.2B | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $-12.4B | — |
自由现金流率CUSB
| Q4 25 | 125.4% | — | ||
| Q3 25 | -2.3% | — | ||
| Q2 25 | -176.9% | — | ||
| Q1 25 | -278.9% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | -58.9% | — |
资本支出强度CUSB
| Q4 25 | 8.2% | — | ||
| Q3 25 | 7.3% | — | ||
| Q2 25 | 8.1% | — | ||
| Q1 25 | 7.0% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 7.6% | — |
现金转化率CUSB
| Q4 25 | 10.75× | 1.39× | ||
| Q3 25 | 0.29× | 1.69× | ||
| Q2 25 | -9.10× | 1.12× | ||
| Q1 25 | -14.45× | -0.17× | ||
| Q4 24 | — | 2.87× | ||
| Q3 24 | — | 0.57× | ||
| Q2 24 | — | 1.79× | ||
| Q1 24 | -3.21× | 2.02× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
C
| Services | $5.9B | 30% |
| Markets | $4.5B | 23% |
| Commissions And Fees | $3.1B | 16% |
| Banking Segment | $2.2B | 11% |
| Wealth | $2.1B | 11% |
| Commercial Portfolio Segment | $1.7B | 9% |
| Brokerage Commissions | $249.0M | 1% |
USB
暂无分部数据
