Citigroup is a global financial-services holding company providing corporate payments and cash management, securities services, trading, investment banking, wealth management and consumer credit. It operates across nearly 160 countries and jurisdictions and earns lending spreads, transaction fees, investment-service fees and trading revenue.
Loading the company summary…
A snapshot of what CITIGROUP INC owns and owes at a point in time.
Read the company’s balance sheet in the original annual reports below.
Browse original filingsSee the original statement for its reporting period, currency, and unit.
3 reports in this collection
| Report period | Filed with SEC | Form | Source |
|---|---|---|---|
| Dec 31, 20230000831001-24-000033 | Feb 23, 2024 | 10-K | Open 10-Ksec.gov |
| Dec 31, 20240000831001-25-000067 | Feb 21, 2025 | 10-K | Open 10-Ksec.gov |
| Dec 31, 20250000831001-26-000011 | Feb 20, 2026 | 10-K | Open 10-Ksec.gov |
Dates describe the filing metadata. Figures and reporting periods should be checked against the original statement. SEC links open in a new tab.
Citi’s supplied September-quarter results show further year-over-year earnings growth, but the prior-year Banamex impairment and fewer shares amplify the headline improvement. Services and Wealth grew strongly; card earnings weakened. The remaining Banamex minority sale is now documented, without deconsolidation. September financing terms and issuance status are also supplied. Regulatory remediation, private contractual limits and reported inconsistencies remain open. Read more in the current-update sections.
Sources: EX-99.1 · 2026-10-13 · EX-99.2 · 2026-10-13 · 424B2 · 2026-09-21 · EX-5.01 · 2026-09-17
Citi’s corporate network connects payments, deposits, trade finance, custody, lending and capital markets. Services earns transaction fees and spreads on operating deposits; Markets earns trading and financing revenue; Banking earns advisory, underwriting and lending income. Wealth combines investment services with banking, while consumer cards combine lending interest and merchant fees with rewards, partner payments and credit losses. These businesses share customers, funding and capital, so internal allocations affect segment results without creating consolidated revenue.
The 2025 annual used U.S. Personal Banking, including Retail Banking. From first-quarter 2026, Retail Banking moved to Wealth and the remaining businesses became U.S. Consumer Cards. Revised corporate-lending allocations also shifted revenue and capital among Services, Markets and Banking. Annual and interim segment figures therefore require their respective comparable presentations.
Sources: 10-K · 2025-12-31 · 8-K · 2026-04-03
On the 2025 annual’s conformed presentation, revenue rose from $78.066 billion in 2023 to $80.722 billion in 2024 and $85.225 billion in 2025. Net income attributable to Citi recovered from $9.228 billion to $12.682 billion and $14.306 billion. Processing-fee reclassification reduced comparative revenue and expenses equally; it did not create earnings. The 2024 recovery also benefited from smaller Argentina losses, FDIC assessments and restructuring charges.
In 2025, deposit economics, client activity, investment-banking fees and lower USPB provisions supported profit. Higher compensation and investment costs, Banking provisions and All Other losses offset those gains. Russia held-for-sale losses and Banamex goodwill impairment reduced earnings; excluding those two items, Citi reported non-GAAP net income of approximately $16.1 billion, versus $14.306 billion under GAAP. That adjustment does not remove every exit-related effect.
The October 13 release reports September-quarter revenue, net of interest expense, of $23.845 billion and attributable net income of $5.245 billion. Reported income grew 40% year over year; the supplement reports 17% growth excluding the prior-year Banamex impairment. Expenses fell 2% as reported but rose 3% against that adjusted base. Repurchases helped EPS grow faster than income, while income fell 10% from the June quarter. These comparisons do not establish wholly recurring growth.
Services and Wealth supported the latest improvement, but card revenue was approximately flat and card income fell. Higher partner payments and rewards offset lending growth, and purchased American Airlines accounts remain included in activity measures. Banking earnings benefited from lower provisions as well as revenue; Markets’ interest and non-interest results must still be considered together. All Other’s managed loss worsened despite its improved GAAP comparison. Nine-month results are not full-year results.
Sources: 10-K · 2023-12-31 · 10-K · 2024-12-31 · 10-K · 2025-12-31 · EX-99.1 · 2026-10-13 · EX-99.2 · 2026-10-13
Continuing operating cash flow was negative $67.632 billion in 2025, principally affected by trading-balance movements, despite positive earnings. Deposit and repo funding helped finance larger trading, financing and lending positions. Cash and bank deposits nevertheless increased to $349.579 billion. Loan deployment, deposit funding and trading movements occupy different cash-flow categories, making a conventional operating-cash-flow-to-profit comparison misleading.
Citi’s approximately $1 trillion year-end liquidity-resource headline included securities, non-transferable subsidiary liquidity and $164 billion of unused borrowing capacity—not just cash. Fourth-quarter average liquidity coverage was 115%, above the 100% minimum. Capital expenditure was $6.520 billion; technology expense and transformation expense overlap other cost classifications and cannot simply be added to it.
Sources: 10-K · 2025-12-31
Citi repurchased $13.250 billion of common stock and declared $4.340 billion of common dividends in 2025. Total payout was 133% of income available to common shareholders. Fewer shares supported diluted EPS and tangible book value per share; neither improvement represents equivalent growth in aggregate earnings or equity. CET1 capital increased in dollars, but its ratio fell to 13.18% as risk-weighted assets expanded and distributions absorbed capital. The applicable requirement was 11.6%. Future distributions remained conditional on earnings, capital, market conditions and board decisions.
Sources: 10-K · 2025-12-31
Citi’s 2020 Federal Reserve and OCC consent-order remediation remained unfinished in the supplied annual and subsequent quarterly evidence. Management’s effective financial-reporting-control conclusions do not mean all regulatory deficiencies were resolved. Credit trends also diverged: U.S. card provisioning improved in 2025 while Mexico consumer losses and corporate non-accrual loans increased. The five largest card partnerships generated approximately 12% of 2025 revenue, and partner guarantees create obligations rather than guaranteed income. Legal contingencies, restricted cross-border funds, valuation uncertainty and cyber or processing failures add risks beyond reported loan losses.
Sources: 10-K · 2025-12-31 · 10-Q · 2026-06-30
The June-quarter report, filed August 6, 2026, recorded $24.766 billion of revenue and $5.831 billion of attributable net income. Citi attributed improvement to higher revenue and lower provisions, partly offset by expenses; buybacks further supported EPS. The American Airlines portfolio acquisition completed in April and Poland’s consumer sale closed June 12. Banamex stake sales reached 47.6%, but consolidation continued. These remain dated June findings, not substitutes for the now-supplied September results.
The October 13 earnings release and supplement now supply the September quarter and nine-month comparisons. The supplement also records the remaining 1.4% Banamex stake sale in the third quarter; Banamex remained consolidated. That completion updates the earlier pending-sale statement, not the conditional early-2027 deconsolidation outlook. Private governance terms and the earlier consideration-to-cash-proceeds differences remain unverified.
The first-quarter report and April and July earnings releases are also now supplied. They add the previously missing risk context and dated management commentary. In April, management reaffirmed its 10–11% full-year RoTCE target; in October it expected to exceed the year’s target while bringing investment forward. These are forward-looking non-GAAP objectives, not achieved annual returns. The first-quarter discrete tax benefit remains unidentified and cannot support a recurring-tax-rate estimate.
The September offering document and legal opinion now identify the previously unexplained financing event and its terms. Their availability resolves that document gap, not the retained accounting conflicts or undisclosed American Airlines and Banamex contract details.
Sources: 10-Q · 2026-06-30 · EX-99.1 · 2026-10-13 · EX-99.2 · 2026-10-13 · 10-Q · 2026-03-31 · EX-99.1 · 2026-04-14 · EX-99.1 · 2026-07-14 · 424B2 · 2026-09-21 · EX-5.01 · 2026-09-17
USD 85.225 bn
FY2025 · GAAP · consolidated · Attribution: consolidated · Reported currency
| Fiscal year | Value | YoY |
|---|---|---|
| 2025 | USD 85.225 bn | 5.6% |
| 2024 | USD 80.722 bn | 3.4% |
| 2023 | USD 78.066 bn | 4.1% |
| 2022 | USD 74.982 bn | 4.8% |
| 2021 | USD 71.574 bn | — |
GAAP consolidated total revenue after interest expense; comparative presentation conformed for transaction-processing fees.
Sources: 10-K · 2025-12-31
USD 14.306 bn
FY2025 · GAAP · consolidated · Attribution: parent · Reported currency
| Fiscal year | Value | YoY |
|---|---|---|
| 2025 | USD 14.306 bn | 12.8% |
| 2024 | USD 12.682 bn | 37.4% |
| 2023 | USD 9.228 bn | -37.8% |
| 2022 | USD 14.845 bn | -32.4% |
| 2021 | USD 21.952 bn | — |
Net income after noncontrolling interests, including discontinued operations, before preferred dividends.
Sources: 10-K · 2025-12-31
USD -67.632 bn
FY2025 · GAAP · consolidated · Attribution: consolidated · Reported currency · operations: continuing
| Fiscal year | Value | YoY |
|---|---|---|
| 2025 | USD -67.632 bn | Negative amount widened |
| 2024 | USD -19.669 bn | Negative amount narrowed |
| 2023 | USD -73.416 bn | — |
Net cash provided by or used in operating activities of continuing operations, including trading and brokerage balance movements.
Sources: 10-K · 2025-12-31
Reading times are estimates for the English text. Financial tables and charts may take additional time.
