Citigroup Inc. Q1 2026 Earnings Recap

Citigroup kicks off 2026 with a record first quarter, driven by 14% revenue growth across core segments and a focus on strategic investments, capital returns, and operational efficiency.

Key Takeaways

• Net income reached $5.8 billion with EPS of $3.06, and ROTCE of 13.1%; strong performance across four of five core businesses.
• Revenues increased 14%, led by a 40% rise in services mandates and nearly 40% equities growth; markets revenue surpassed $7 billion for the first time in a decade.
• Capital management remained robust with $6.3 billion share repurchases and a CET1 ratio of 12.7%, approaching regulatory thresholds.
• Business transformation advances include exiting Russia, progressing on Banamex and Poland divestitures, and accelerating AI deployment.
• Despite global macro headwinds, Citi maintains resilience, targeting 10-11% ROTCE for 2026, with strategic initiatives expected to drive sustainable growth.