Citigroup reported solid fourth-quarter results, driven by higher net interest income and improved efficiency, with adjusted earnings per share reaching $2.15. The bank's performance reflects resilience in global markets and strategic cost management.
- Adjusted EPS of $2.15 in Q4 2025, up 12% from Q4 2024
- Total revenue reached $20.3 billion, a 7% year-over-year increase
- Net interest income rose to $12.4 billion, up 9% YoY
- Non-interest expenses declined 5%, improving cost-to-income ratio to 63.2%
- Provision for credit losses fell to $780 million from $1.1 billion in prior year
- Citi stock gained 2.3% in after-hours trading following results
Citigroup delivered a robust fourth-quarter performance, reporting adjusted earnings per share of $2.15, surpassing analyst expectations. The figure marks a 12% year-over-year increase, fueled by strong revenue growth across its global banking and markets segments. Total revenue for the quarter reached $20.3 billion, up 7% from the prior-year period, supported by elevated trading volumes and improved loan demand in key international markets. The bank's net interest income rose 9% year-over-year to $12.4 billion, reflecting higher interest rates and a favorable yield curve. This growth was complemented by a 5% reduction in non-interest expenses, demonstrating continued focus on operational efficiency. The cost-to-income ratio improved to 63.2%, down from 65.1% in the same quarter last year, underscoring disciplined expense management. Citi’s global consumer banking segment contributed $5.8 billion in revenue, an 8% increase, driven by higher credit card volumes and lending activity in the U.S. and Latin America. Meanwhile, the institutional clients group saw a 10% revenue jump, with investment banking fees rising 14% due to increased M&A advisory activity and debt underwriting. The bank also reported a provision for credit losses of $780 million, down from $1.1 billion in Q4 2024, indicating improved asset quality. Market reaction was positive, with Citi’s stock rising 2.3% in after-hours trading. Investors welcomed the bank’s forward guidance, which includes a commitment to maintaining a 15% return on equity target and a conservative dividend policy. The results highlight Citi’s ability to navigate macroeconomic volatility while strengthening its balance sheet and capital position.