CITIGROUP INC

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.

Citigroup Inc. held its 2026 Annual Meeting of Stockholders on May 20, 2026, where several key proposals were approved. Stockholders voted to amend the 2019 Stock Incentive Plan, increasing the authorized number of shares available for grant by 20 million. Additionally, 13 directors were elected, KPMG LLP was ratified as the independent auditor for 2026, and an advisory vote on the 2025 Executive Compensation was approved.

Citigroup Inc. announced its first-quarter 2026 financial results, reporting an exceptionally strong start to the year. The company saw a 14% increase in revenue and a 42% jump in net income. This robust performance was driven by significant growth in its Services segment, which saw revenue rise by 17%, and its Markets segment, which crossed $7 billion in revenue.

Citigroup Inc. announced its first-quarter 2026 financial results, reporting an exceptionally strong start to the year. The company's revenue increased by 14%, and net income grew by 42%. This performance was driven by an outstanding quarter in Services, which saw revenue up 17%, and Markets, which crossed $7 billion in revenue.

Citigroup announced that Gonzalo Luchetti, currently Head of U.S. Personal Banking, will become the new CFO, effective in early March 2026. He replaces Mark A. L. Mason, who will transition to the role of Executive Vice Chair and Senior Executive Advisor to the Chair and CEO.

Citigroup's Board of Directors approved a plan to sell AO Citibank, its remaining operations in Russia. The sale is anticipated to sign and close in the first half of 2026 and will result in a pre-tax loss of approximately $1.2 billion in Q4 2025, impacting Other Revenue. The move reflects Citigroup's ongoing efforts to reduce its global footprint and exit certain markets.

Citigroup Inc. filed an 8-K announcing its financial results for the quarter and year ended December 31, 2025. The filing includes a press release (Exhibit 99.1) and a Quarterly Financial Data Supplement (Exhibit 99.2) providing details on the company's performance, which is important for investors to assess the financial health and operational efficiency of Citigroup.

Citigroup's Compensation Committee approved incentive compensation for CEO Jane Fraser, reflecting strong 2025 performance. The company reported a 13% increase in net income and a 6% increase in revenue, with each of its five core businesses delivering positive operating leverage and record revenue.