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CITIGROUP INCC

Sector
Financial Services
Industry
National Commercial Banks
Exchange
NYSE

Stock Price $C

Latest filings

You are here#10 of 58 in Financials by market cap

Filing record · 2016–202610-K1110-Q328-K279

C filed 11 annual reports (10-K), 32 quarterly reports (10-Q) and 279 current reports (8-K) between 2016 and 2026.

  1. FY2018 annual report10-K · Feb ’19Feb ’19
  2. Leadership change8-K · Nov ’21Nov ’21
  3. Leadership change8-K · Nov ’25Nov ’25

01—Key figures

Share Class
Source: 10-KFY2025
Source: 10-KFY2025
Source: 10-KFY2025
Source: 10-KFY2025

Revenue Trend

Year-over-year comparison from 10-K annual reports

  19. $85.22B
YoY changeLargest recent move−7.3%in FY16Latest +5.6%

5 older moves run past ±10% (largest +55.6%); point at, tap or drag across the bars to read one.

Latest bar from 10-KFY2025Click a bar to open its SEC filing

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All C Financial Metrics48 metrics

Income Statement14

Balance Sheet16

Cash Flow13

Per Share5

02—Overview

CITIGROUP INC Financial Overview 2021–2025

Updated Jul 10, 2026

Citigroup returned a staggering $17.6 billiona to shareholders in FY2025, proving that a grueling, multi-year organizational overhaul is finally yielding massive bottom-line leverage. The core investment thesis is clear: the bank is successfully transitioning from a sprawling global footprint into a leaner, highly profitable operation capable of driving sustained capital generation.

Despite shedding dozens of international consumer markets to simplify its structure, top-line performance has steadily accelerated. Total revenue grew from $71.9 billion in FY2021 to $85.2 billionb in FY2025. This expansion was anchored by a 6% revenue increase in FY2025, which handily outpaced a 3% rise in operating expenses to $55.1 billion. By achieving positive operating leverage for the second consecutive year, the bank pushed its net income up 13% to $14.3 billion and maintained a robust 13.2% Common Equity Tier 1 capital ratio. The momentum continued straight into Q1 2026, where net income surged 42% year-over-year to $5.8 billion and the board authorized a new $30 billion stock repurchase program. At the close of FY2025, the market priced in this operational inflection, valuing the stock at $116.69 and trading at 16.7x its $6.99 in full-year earnings.

Recent Developments (Q4 2025 and Q1 2026)

Citigroup accelerated its structural realignment in Q1 2026, generating a 14% revenue jump to $24.6 billionc across all five reorganized business segments. During the quarter, the bank moved its Retail Banking unit into the Wealth division and formed a new U.S. Consumer Cards segment. Leadership advanced divestments by completing the sale of AO Citibank and a 22.6% equity stake in Banamex, following a $726 million Banamex goodwill impairment in Q4 2025.

The bull case centers on segment-wide revenue expansion and a reduced 21% effective tax rate driving profitability. Conversely, the bear case highlights margin pressures, as operating expenses climbed 7% to $14.3 billiond due to severance costs, and the CET1 ratio dipped to 12.75%. At 21.7x earnings as of the May 7, 2026 release date, the stock trades at a premium following CEO Jane Fraser's $42 million compensation award.

What to watch: further execution of the Banamex divestiture; expense management following recent severance payouts.

03—Filings

Recent SEC Filings

  1. 8-KCITIGROUP INC 8-K Report, Financial Results (Oct 13, 2026)Citigroup reported third-quarter 2026 net income of $5.2 billion, or $2.85 per diluted share, on revenues of $23.8 billion, up 8% year over year. Reported EPS rose 53% from $1.86, though the comparison is flattered by a prior-year goodwill impairment of $726 million tied to the Banamex stake sale; excluding that notable item, EPS grew 27% from $2.24. Revenue strength came from Services (up 15%), Markets (up 6%), Banking (up 6%) and Wealth (up 15%), partly offset by a decline in All Other. Quarter-over-quarter, revenue fell 4% and net income fell 10%, reflecting lower Markets revenue and higher provisions. Return metrics improved year over year: RoTCE was 11.5% versus 8.0%, and ROE was 10.1% versus 7.1%. Management said it expects to exceed its full-year return target while pulling forward investment toward an 11-13% near-term goal, on the way to sustainable 14-15% returns. The company returned $4.1 billion to common shareholders in the quarter, a payout ratio of 85%. Book value per share rose 7% to $115.61 and tangible book value per share rose 6% to $101.59. Credit and capital require attention. Total provision for credit losses rose 6% to $2.6 billion, with a net reserve build of $369 million. The CET1 ratio held steady at 12.8% (preliminary), but the supplementary leverage ratio declined to 5.0% from 5.2% in the prior quarter. Net income attributable to noncontrolling interests rose sharply as a result of the Banamex equity sales. Note that the ratios and metrics are preliminary as of September 30, 2026.
  2. 8-KCITIGROUP INC 8-K Report, Exhibit Filing (Sep 24, 2026)This Form 8-K contains no financial results, operating updates, or material transaction disclosure. Its only substantive content is Item 9.01 (Financial Statements and Exhibits), which lists three exhibits: a legal opinion of counsel (Exhibit 5.01, from Karen Wang, Esq.), a schedule of Citigroup securities registered under Section 12(b) as of the filing date (Exhibit 99.01), and the Inline XBRL cover page (Exhibit 104). Exhibit 5.01 is typically filed alongside a registration statement, so this filing most likely supports a securities registration or offering rather than reporting a corporate event. The filing itself does not state the purpose, size, or terms of any offering, so the opinion's contents should be reviewed directly. Exhibit 99.01 lists Citigroup's exchange-listed securities on the New York Stock Exchange: common stock (ticker C), the 6.250% Noncumulative Preferred Stock, Series II depositary shares (C PR R), two trust preferred securities series (C/36Y and C N), and several Series N floating rate medium-term notes issued by Citigroup Global Markets Holdings Inc. (CGMHI) and guaranteed by Citigroup. The list includes notes maturing in April 2028, September 2028, October 2028, and March 2029, plus a September 17, 2026 note. Because that maturity date precedes the September 24, 2026 filing date, that entry may be a carryover from an earlier schedule and should be checked against current outstanding debt. For investors, this filing is administrative. It does not change Citigroup's capital position, earnings outlook, or risk profile. Its value lies in confirming the current listing status of Citigroup's exchange-traded equity, preferred, trust preferred, and note instruments, and in signaling that the company is updating its securities registration documents.
  3. 8-KCITIGROUP INC 8-K Report, Financial Results (Jul 14, 2026)Citigroup reported second quarter 2026 net income of $5.8 billion, or $3.15 per diluted share, on revenues of $24.8 billion, up 14% year over year. Net income rose 45% from $4.0 billion, driven by higher revenues and a lower provision for credit losses, partially offset by higher expenses. Return on average tangible common equity (RoTCE) improved to 13.0% from 8.7% a year earlier, and the efficiency ratio improved to 57.4% from 62.7%. Growth was broad, with all five core businesses contributing, led by Services (revenues up 18%, record quarterly revenue) and Markets (revenues up 17%, with Equities up 45%). Banking revenues rose 34%, with investment banking up 44%. Capital and shareholder returns were strong. The preliminary CET1 ratio was 12.8%, up from 12.7% in the prior quarter but down from 13.5% a year earlier, and the SLR was 5.2%. Book value per share rose 7% to $114.74 and tangible book value per share rose 7% to $100.89. Citi returned about $5.0 billion through buybacks and dividends, and management announced a 12% increase in the planned dividend along with a new $30 billion share repurchase plan. Credit quality was mixed: net credit losses rose 8% to $2.4 billion, driven by Banking and Legacy Franchises, while the total provision fell 12% on reserve releases in U.S. Cards. Investors should note that the Banamex stake sale (22.6%) contributed to the CET1 ratio and that Corporate/Other posted a revenue loss of $316 million. This filing is an earnings disclosure under Item 2.02. The earnings release and the Quarterly Financial Data Supplement are furnished as Exhibits 99.1 and 99.2, and the supplement is not deemed filed for Section 18 purposes. Several metrics, including the June 30, 2026 capital ratios and balance sheet data, are preliminary.
  4. 8-KCITIGROUP INC 8-K Report, Executive Changes (May 21, 2026)Citigroup's May 21, 2026 Form 8-K reports the results of its 2026 Annual Meeting of Stockholders, held May 20, 2026, and an amendment to its equity compensation plan. Stockholders approved an amendment to the Citigroup 2019 Stock Incentive Plan that increases the shares available for grant by 20 million. The filing also includes the full amended and restated plan as Exhibit 10.1. The amendment's approval was the most dollar-relevant item, since it expands the pool for equity awards and therefore the potential for shareholder dilution over time. All 13 director nominees were elected, and KPMG LLP was ratified as the independent auditor for 2026. Board composition was not contested in a way that changes control, and the vote totals show broad support for most directors. Lower-level votes were more mixed. Jane Fraser, Duncan Hennes, and Diana Taylor received noticeably higher opposition than other nominees, with roughly 79 million, 93 million, and 77 million votes against, respectively. The weakest result was the advisory say-on-pay vote on 2025 executive compensation. It passed, but 500.7 million votes were cast against it, compared with 763.5 million for, so roughly 40% of votes cast opposed it. Investors may view this as a signal of dissatisfaction with pay practices, which could prompt closer scrutiny of compensation design in the 2027 proxy. The plan amendment also drew meaningful opposition, with about 385 million votes against versus about 880 million for, or roughly 30% opposed.
  5. 8-KCITIGROUP INC 8-K Report, Financial Results (Apr 14, 2026)Citigroup reported a strong first quarter 2026, with net income of $5.8 billion, or $3.06 per diluted share, up 42% from $4.1 billion ($1.96 per share) a year earlier. Revenues rose 14% to $24.6 billion, driven by growth across all five of Citi's interconnected businesses (Services, Markets, Banking, Wealth and U.S. Consumer Cards) and Legacy Franchises. Markets was the standout, with revenues up 19% to $7.2 billion and net income up 40% to $2.6 billion, while Services revenue grew 17% and Banking and Wealth also posted double-digit growth. Management reported a 13.1% RoTCE, up 800 bps year over year, and reiterated its 10-11% RoTCE target for 2026. The quarter also brought some pressure points. Operating expenses rose 7% to $14.3 billion, and the total provision for credit losses increased 3% to $2.8 billion, including a $597 million net allowance build tied to macroeconomic uncertainty. Corporate non-accrual loans rose 42% year over year to $2.0 billion. Capital ratios moved lower: the preliminary CET1 ratio fell to 12.7% from 13.2% in the prior quarter, mainly because of $6.3 billion in share repurchases, and the Supplementary Leverage Ratio declined to 5.2%. Citi returned about $7.4 billion to common shareholders during the quarter, a payout ratio of 134%. The quarter's results were not adjusted for notable items, so the reported figures are comparable to prior periods. Management highlighted the final phase of its divestitures, progress on its Transformation program, and an upcoming Investor Day next month for further detail on the path forward. The filing also notes that the first quarter reflected segment reporting changes, including the move of Retail Banking into Wealth, so segment comparisons should be read against recast prior-period figures.
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04—See also

Related Companies

Annual revenue over each company’s last eight fiscal years, each strip on its own scale from zero.