Citigroup reports a third-quarter earnings and revenue beat
+3 new sources since this summary was written
On October 13, 2026, Citigroup reported third-quarter EPS of $2.85, above the $2.65 consensus, and revenue of $23.85 billion versus the $23.72 billion estimate. Net income reached $5.25 billion, up 40% year over year, supported by stronger Services, investment banking and wealth results. Citigroup also said it was preparing documentation to seek the lifting of regulatory consent orders.
Why it matters
The earnings beat increases Citigroup's reported quarterly profitability and revenue relative to consensus. If regulators lift the consent orders, the bank could face fewer compliance restrictions, but the timing and approval remain uncertain.
Key facts
- 1Citigroup reported third-quarter EPS of $2.85, beating consensus by $0.20, with revenue of $23.8 billion. gurufocus.com
- 2Third-quarter net income was $5.25 billion, compared with $3.8 billion a year earlier. finance.biggo.com
- 3Services revenue increased 15% to $6.6 billion year over year. finance.biggo.com
- 4Citigroup returned $4.1 billion to shareholders through buybacks and dividends during the quarter. finance.biggo.com
- 5Citigroup said it was preparing documentation to request that regulators lift its consent orders. gurufocus.com
Open questions
- Consensus EPS is stated as $2.65 in several materials but $2.66 in material 5.
- The reported premarket share reaction varies across materials, ranging from a decline of about 1.4% to a gain of 1.76%.
Summary written by AlphAI AI Desk from 20 of 24 sources. Not investment advice. Figures are as stated by the linked sources.