Quarterly ResultJul 14, 2026, 09:46 AM
Citigroup Q2 Net Income $5.8B (+45%), Revenue $24.8B (+14%); Raises Dividend
AI Summary
Citigroup Inc. reported strong second quarter 2026 results, with net income surging 45% to $5.8 billion and revenues increasing 14% to $24.8 billion. Diluted earnings per share rose to $3.15, reflecting higher net income and a lower share count. The company announced a 12% increase in its planned dividend and launched a $30 billion share buyback plan, returning approximately $5.0 billion to shareholders during the quarter. All five of Citi's businesses contributed to the revenue growth, with Services delivering its highest ever quarterly revenue.
Key Highlights
- Net income increased 45% to $5.8 billion.
- Revenues grew 14% to $24.8 billion.
- Diluted EPS rose to $3.15 from $1.96 in the prior-year period.
- Dividend increased by 12%, and a $30 billion buyback plan was launched.
- Returned approximately $5.0 billion to common shareholders through repurchases and dividends.
- Services revenues were up 18% to $6.4 billion, with a 30.9% RoTCE.
- Markets revenues increased 17% to $7.0 billion, driven by Equity markets (+45%).
- Banking revenues climbed 34% to $1.9 billion, with Investment Banking up 44%.
Price Impact
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