CITIGROUP INC Earnings Summary — Q2 2026

• Revenue reached $22.24B in Q2 2026, marking an 18.3% increase compared to the same period in 2025.
• Net Interest Income surged by 12.8% YoY to $17.13B, driven by improved yield and volume dynamics.
• Company profitability improved significantly with Net Income rising 49.3% YoY to exceed $6.02B.
• Total non-interest expenses were relatively well-controlled at $14.22B, despite ongoing transformation costs.
• Provision for credit losses decreased to $2.52B from $2.87B YoY, suggesting improved asset quality trends.
• Pretax income climbed to $8.03B, compared to $5.22B in the previous year's second quarter.

Management remains focused on a multi-year transformation to simplify the bank's structure and exit non-core markets, with a strategic emphasis on the 'Services' and 'Markets' divisions to drive capital efficiency.

Improving

The bank is showing clear signs of scale with double-digit revenue growth and significant bottom-line expansion compared to the prior year's transition phase.

The company's outlook is tied to its institutional-led strategy and the successful execution of its exit from low-margin consumer markets while managing regulatory consent orders.