Citigroup Inc. reported fourth-quarter 2025 net income of $3.2 billion, or $1.72 per share, reflecting a 6% year-over-year decline, driven by lower trading revenue and increased credit costs. The bank maintained its return on equity at 10.5% amid strategic cost discipline.
- Citigroup reported Q4 2025 net income of $3.2 billion, down 6% from Q4 2024.
- Earnings per share were $1.72, a decrease from $1.83 in the prior-year quarter.
- Investment banking revenue fell 17%, and market-making revenue declined 12%.
- Provision for credit losses rose to $780 million, up 22% year-over-year.
- Return on equity remained at 10.5%, supported by $1.4 billion in operating expense reductions.
- The company announced a quarterly dividend of $0.70 per share and completed $1.6 billion in share repurchases.
Citigroup Inc. released its financial results for the fourth quarter of 2025, reporting a net income of $3.2 billion, down 6% from the same period in 2024. Earnings per share came in at $1.72, below the previous year’s $1.83, primarily due to a 17% drop in investment banking revenue and a 12% decrease in market-making activity across equities and fixed income. Total revenue for the quarter totaled $20.1 billion, a modest 2% decline from Q4 2024, as higher net interest income of $13.8 billion was offset by reduced non-interest income. The bank’s provision for credit losses rose to $780 million, up 22% year-over-year, reflecting increased delinquency trends in consumer lending, particularly in auto and credit card portfolios. Despite these headwinds, Citigroup reported a return on equity of 10.5%, maintaining its target range of 10% to 12%, supported by a $1.4 billion reduction in operating expenses compared to the prior year. The company also announced a quarterly dividend of $0.70 per share, consistent with the previous quarter, signaling confidence in its capital strength. Share repurchases totaled $1.6 billion during the quarter, aligning with its $5 billion annual authorization. The results underscore a challenging environment for global banks, with persistently elevated interest rates and slowing economic growth impacting fee-based income. Citigroup’s international operations, particularly in Latin America and Asia, continued to deliver resilient performance, contributing 43% of total revenue, though growth in the U.S. retail banking segment slowed to 1.5% year-over-year.