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For Immediate Release Citigroup Inc. ( NYSE : C ) OCTOBER 13 , 2026 THIRD QUARTER 2026 RESULTS AND KEY METRICS 3Q Revenues 3Q Net Income 3Q EPS $ 2.85 3Q ROE 10.1 % ( 1 ) 3Q ROTCE 11.5 % ( 2 ) $ 23.8B $ 5.2B EPS UP 53 % AS REPORTED ; UP 27 % EX - NOTABLE ITEM ( 3 ) RETURNED $ 4.1 BILLION IN THE FORM OF COMMON SHARE REPURCHASES AND COMMON DIVIDENDS PAYOUT RATIO OF 85 % ( 4 ) COMMON EQUITY TIER 1 CAPITAL RATIO OF 12.8 % ( 5 ) BOOK VALUE PER SHARE OF $ 115.61 TANGIBLE BOOK VALUE PER SHARE OF $ 101.59 ( 6 ) New York , October 13 , 2026 - Citigroup Inc. today reported net income for the third quarter 2026 of $ 5.2 billion , or $ 2.85 per diluted share , on revenues of $ 23.8 billion . This compares to net income of $ 3.8 billion , or $ 1.86 per diluted share , on revenues of $ 22.1 billion for the third quarter 2025 . As previously disclosed ( 3 ) , third quarter results in the prior - year period included a notable item consisting of a goodwill impairment of $ 726 million ( $ 714 million after - tax ) , recorded in operating expenses , related to Citi's agreement to sell a 25 % equity stake in Grupo Financiero Banamex , S.A. de C.V. ( Banamex ) . Revenues increased 8 % from the prior - year period , driven by growth in Services , Wealth , Markets and Banking , partially offset by a decline in All Other . Net income was $ 5.2 billion , compared to $ 3.8 billion in the prior - year period on a reported basis , driven by higher revenues and lower expenses , partially offset by a higher provision for credit losses . Excluding the notable item , net income in the prior - year period was $ 4.5 billion ( 3 ) . Earnings per share of $ 2.85 increased from $ 1.86 per diluted share in the prior - year period on a reported basis , reflecting higher net income and a lower share count due to share repurchases . Excluding the notable item , earnings per share in the prior- year period was $ 2.24 ( 3 ) . Percentage comparisons throughout this press release are calculated for the third quarter 2026 versus the third quarter 2025 , unless otherwise specified . cíti CHAIR AND CEO COMMENTARY Citi Chair and CEO Jane Fraser said , " Our performance in the quarter , which included the best third - quarter revenue in a decade , positive operating leverage and meaningful improvement in our returns , reflects the continued disciplined and consistent execution of our strategy . " Services delivered another standout quarter , up 15 % , with momentum in every driver . Equities rose 14 % on strong performance in Asia and Prime , while FX and Spread Products drove overall growth of 6 % in Markets . Banking also grew 6 % , with particular strength in ECM , where we participated in the quarter's six largest transactions . Wealth saw steady , broad- based growth across all three businesses , with a return of over 14 % well above last year . In U.S. Consumer Cards , we had solid momentum in General Purpose cards , which drove loan growth and a return that exceeded 21 % . " We returned over $ 4 billion to common shareholders while continuing to invest in growth and prepare for an Al- driven future . We expect to exceed this year's return target , even as we pull forward investments toward our 11-13 % near - term goal- the next waypoints on our path to sustainable returns of 14-15 % , " Ms. Fraser concluded . 1