Citigroup reported first quarter 2026 net income of $5.8 billion, or $3.06 per diluted share, on revenues of $24.6 billion. This compares to net income of $4.1 billion, or $1.96 per diluted share, on revenues of $21.6 billion in the prior-year period.
Key Highlights
- The bank reported a Return on Tangible Common Equity (RoTCE) of 13.1%, exceeding its annual target range of 10-11% and analyst expectations.
- Revenue growth was broad-based, with the Services division up 17% to $6.1 billion and Markets revenue increasing 19% to $7.2 billion year-over-year.
- Citigroup returned approximately $7.4 billion to shareholders during the quarter, including $6.3 billion in common share repurchases.