Citigroup profit rises 45% on $24.8 billion revenue

• Citigroup reported Q2 2026 net income of $5.83 billion, up 45%, as revenue increased 14% to $24.77 billion.
• Earnings of $3.15 per share exceeded the $2.74 analyst estimate, while revenue surpassed the $23.74 billion forecast.
• The bank plans to increase its dividend by 12% and has launched a $30 billion share-repurchase programme.

Citigroup (NYSE:C) reported Q2 2026 net income of $5.83 billion, or $3.15 per share, as revenue rose 14% to $24.77 billion.

The results exceeded analyst estimates of $2.74 per share and $23.74 billion in revenue, while net income increased 45% year over year.

Investment-banking revenue rose 44% to $1.55 billion, equities revenue climbed 45% to $2.30 billion and Services revenue increased 18% to $6.38 billion.

Citigroup plans a 12% dividend increase and launched a $30 billion buyback.

Citigroup returned approximately $5 billion through repurchases and dividends, while its CET1 ratio reached 12.8% and tangible book value rose 7% to $100.89 per share.

Average loans increased 10% to $785 billion and average deposits rose 12% to $1.50 trillion, supporting growth across Citi’s five core businesses.