C · News · 20260908N

Revenue Performance and Mix

CITIGROUP INC · 2026-09-08 · Importance 54 · Surprise 40

Citigroup reported second-quarter 2026 revenue of $24.77 billion, up 14.5% year over year and representing its strongest quarterly revenue in a decade. Four of the bank’s five businesses delivered double-digit revenue growth. Net income reached $5.8 billion and EPS was $3.15. Operating leverage exceeded 9%, while return on tangible common equity improved to 13%.

Key facts

• Citigroup is working with Raymond James on the early-stage sale process for ZO Skin Health as an advisor to Blackstone. source
• Citigroup strategists said U.S. stocks typically underperform after the Federal Reserve's initial interest-rate hike before eventually advancing in the subsequent six to twelve months, with Japanese and European markets tending to outperform during the initial underperformance period. source