Summary
Citigroup Inc. reported a net income of $14.3 billion for 2025, a 13% increase from the prior year, with diluted earnings per share of $6.99. Total revenues grew 6% to $85.2 billion, 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% at year-end 2025. The company returned $17.6 billion 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.
Key Highlights
- 1Net income increased by 13% year-over-year to $14.3 billion, with diluted EPS of $6.99.
- 2Total revenues grew 6% to $85.2 billion, driven by strong net interest income growth.
- 3Operating expenses increased 3% to $55.1 billion, with notable items including a Banamex-related goodwill impairment of $726 million.
- 4Positive operating leverage was achieved for the second consecutive year.
- 5Returned $17.6 billion to common shareholders via share repurchases ($13.3 billion) and dividends ($4.3 billion).
- 6Significant progress in the multiyear transformation, with over 80% of programs at or near target state.
- 7Completed the sale of 25% of Banamex and exited Russia with the sale of AO Citibank.
- 8CET1 Capital ratio remained strong at 13.2% as of December 31, 2025.