GENERAL KNOWLEDGE

Detailed explanation-1: -ROTE or “Return on Tangible Equity” is a ratio that helps measure a company’s profitability.

Detailed explanation-2: -ROE is computed by dividing net earnings by average monthly shareholders’ equity. (2) Annualized ROTE is computed by dividing annualized net earnings by average monthly tangible shareholders’ equity. ROTE is computed by dividing net earnings by average monthly tangible shareholders’ equity.

Detailed explanation-3: -ROTCE is computed by dividing net earnings applicable to common shareholders by average monthly tangible common shareholders’ equity. Management believes that ROTCE is meaningful because it measures the performance of businesses consistently, whether they were acquired or developed internally.

Detailed explanation-4: -Citigroup’s return on average tangible common equity (RoTCE) is a non-GAAP financial measure. RoTCE represents annualized net income available to common shareholders as a percentage of average tangible common equity (TCE).