Citigroup Inc. (C) Q3 FY2026 earnings

Reported results

• Net income of $5.2 billion compared to $3.8 billion in Q3 2025 (GAAP reported basis); excluding notable item, Q3 2025 net income was $4.5 billion
• Diluted EPS of $2.85 compared to $1.86 in Q3 2025 (GAAP reported basis); excluding notable item, Q3 2025 EPS was $2.24
• Total revenues of $23.8 billion increased 8% from $22.1 billion in Q3 2025
• Return on average common equity (ROE) of 10.1% compared to 7.1% in Q3 2025
• Return on average tangible common equity (RoTCE) of 11.5% compared to 8.0% in Q3 2025 (non-GAAP)
• Common Equity Tier 1 Capital ratio of 12.8% at quarter end; returned $4.1 billion to common shareholders through repurchases and dividends

Guidance

• Expects to exceed 2026 return target while pulling forward investments toward near-term goal of 11-13% RoTCE, with path to sustainable returns of 14-15%

Notes

Q3 2025 results included a notable item consisting of a $726 million goodwill impairment ($714 million after-tax) related to Banamex. Book value per share of $115.61 and tangible book value per share of $101.59 (non-GAAP) are preliminary. RoTCE and tangible book value per share are non-GAAP measures.

Price and volatility reaction

The stock moved -5.6% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -2.4 vol points across the event (constant-maturity series — not the front-week crush).

Source

The figures above come from the earnings release the company filed with the SEC on 2026-10-13 (8-K, Item 2.02). Read the original filing on sec.gov.