AI brief of an SEC Form 8-K · Citigroup (C)

Citigroup Q3 2026 net income rises 40% to $5.2 billion; EPS $2.85, revenue up 8%

Positive Impact 3 of 5 earnings Written later

Citigroup reported third-quarter 2026 net income of $5.2 billion, or $2.85 per diluted share, on revenues of $23.8 billion, up from $3.8 billion, or $1.86 per share, a year earlier. The prior-year figures included a $726 million goodwill impairment tied to the Banamex stake sale, so excluding that item, earnings per share rose 27%. Returns to common shareholders totaled $4.1 billion in the quarter, and management said it expects to exceed this year's return target.

Key points

  • Revenues rose 8% to $23.8 billion, driven by Services, Wealth, Markets and Banking, partly offset by All Other.
  • Reported EPS of $2.85 compared with $1.86 a year earlier; excluding the prior-year notable item, prior-year EPS was $2.24.
  • Provision for credit losses was $2.6 billion, up 6%, with a net reserve build of $369 million.
  • Common Equity Tier 1 capital ratio was 12.8%, unchanged from the prior quarter; return on average tangible common equity was 11.5%.

The filing

CompanyCitigroup (C)
Form8-K, current report
Filed with the SECOct 13, 2026, 10:09 AM ET
Accession number0001104659-26-115323

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 2:16 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 13, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.