Recent Updates — C
Citigroup Inc. reported third-quarter 2026 results with revenues of $23.8 billion and net income of $5.2 billion, or $2.85 per diluted share. This compares to a prior-year period that included a notable goodwill impairment charge related to the sale of Banamex; excluding this item, earnings were up 27%. Revenues increased 8% year-over-year, driven by growth in Services, Wealth, Markets, and Banking. The company returned $4.1 billion to common shareholders through share repurchases and dividends during the quarter. Citigroup operates as a global financial services institution providing banking, investment management, asset management, private bank, and transaction and securities services.
At its 2026 Annual Meeting of Stockholders, Citigroup Inc. received approval to amend its 2019 Stock Incentive Plan, which increases the authorized number of shares available for grant by 20 million. Shareholders also elected 13 directors and ratified KPMG LLP as the company's independent registered public accounting firm for 2026.
Citigroup Inc. announced its financial results for the quarter ended March 31, 2026. The filing includes a press release and a quarterly financial data supplement detailing the company's results of operations and financial condition.
Citigroup is updating its reporting structure to facilitate comparability with its upcoming first quarter 2026 earnings, including the transfer of its Retail Banking business to the Wealth segment. The company also updated its Tangible Common Equity (TCE) methodology, resulting in the reallocation of revenues and TCE across the Services, Markets, and Banking segments through recast prior period results.
Citigroup Inc. has established a new series of preferred stock, the 6.500% Fixed Rate Reset Noncumulative Preferred Stock, Series JJ, through a filed Certificate of Designations. This amendment to the company's Restated Certificate of Incorporation defines the specific rights, preferences, and powers associated with the new Series JJ shares.