01—Abstract
Summary
Summary of the 10-K filed February 20, 2026. Cited figures are marked; the original filing is the authoritative source.
Citigroup Inc. reported a net income of $14.3 billiona for 2025, a 13% increase from the prior year, with diluted earnings per share of $6.99.
Total revenues grew 6% to $85.2 billionb, driven by an 11% increase in net interest income, partially offset by a 4% decrease in non-interest revenue. The company demonstrated positive operating leverage for the second consecutive year, with revenue growth outpacing expense growth. Significant progress was made on the multiyear transformation initiative, with over 80% of programs at or nearing their target state.
Furthermore, the OCC terminated an amendment to Citibank's consent order in December 2025, indicating improved regulatory standing. Capital ratios remained robust, with a Common Equity Tier 1 (CET1) ratio of 13.2%c at year-end 2025.
The company returned $17.6 billiond to shareholders through share repurchases and dividends, reflecting a commitment to capital return. Divestitures continued, with the sale of a 25% stake in Banamex and the completion of the AO Citibank sale in Russia in early 2026.
02—Key points
Key Highlights
- Net income increased by 13% year-over-year to $14.3 billion, with diluted EPS of $6.99.
- Total revenues grew 6% to $85.2 billion, driven by strong net interest income growth.
- Operating expenses increased 3% to $55.1 billion, with notable items including a Banamex-related goodwill impairment of $726 million.
- Positive operating leverage was achieved for the second consecutive year.
- Returned $17.6 billion to common shareholders via share repurchases ($13.3 billion) and dividends ($4.3 billion).
- Significant progress in the multiyear transformation, with over 80% of programs at or near target state.
- Completed the sale of 25% of Banamex and exited Russia with the sale of AO Citibank.
- CET1 Capital ratio remained strong at 13.2% as of December 31, 2025.
03—One dollar
04—Financials
Financial Highlights
Figures from 10-KFY2025filed February 20, 2026Financial Statements
FY2025 against FY2024
| Line item | FY2025FY2024 | Change |
|---|---|---|
| Revenue | $85.22B$80.72B | +5.6% |
| Operating Income | $14.31B$12.68B | +12.8% |
| Net Income | $14.31B$12.68B | +12.8% |
| EPS (Basic) | $7.11$6.03 | +17.9% |
| EPS (Diluted) | $6.99$5.94 | +17.7% |
| Shares Outstanding (Basic) | 1.83B1.90B | −3.6% |
| Shares Outstanding (Diluted) | 1.87B1.94B | −3.5% |
05—Questions
Frequently Asked Questions
What was Citigroup's overall financial performance in 2025?
Citigroup reported a net income of $14.3 billion, or $6.99 per share, an increase of 13% from the prior year. Total revenues increased by 6% to $85.2 billion, driven primarily by an 11% increase in net interest income. The company also achieved positive operating leverage for the second consecutive year.
What are the key 'notable items' mentioned in the financial results?
The financial results for 2025 included two notable items: a Russia-related notable item involving a $1.2 billion loss on sale related to the plan to sell AO Citibank in Russia, and a Banamex-related notable item of a $726 million goodwill impairment related to the sale of a 25% equity stake in Grupo Financiero Banamex.
How did Citigroup manage its capital and return capital to shareholders?
Citigroup maintained a strong capital position with a CET1 Capital ratio of 13.2% at December 31, 2025. The company returned $17.6 billion to common shareholders through share repurchases totaling $13.3 billion and dividends of $4.3 billion, demonstrating a commitment to capital return.
06—Continue