C · Earnings call · 2026Q3T · Full report

Banking Revenue Trends

CITIGROUP INC · 2026-10-13 · Importance 35 · Surprise 40

Banking revenue increased 6%, driven by investment banking growth and gains on loan hedges, partially offset by lower corporate-lending revenue. Investment-banking revenue increased 9%, including 77% growth in equity capital markets, while advisory and debt-capital-markets revenue each declined 43%. Corporate-lending revenue fell 16% because of lower loan spreads, despite higher average loan balances and commitments.

Key facts

• Investment banking revenues increased 9% with ECM up 77%, while advisory and DCM declined 43% each.
• Corporate lending revenues declined 16% driven by lower loan spreads.
• Banking revenues were up 6% in the quarter.
• Banking delivered net income of $378 million and an ROTCE of 19.2% in the quarter.