Citigroup expects earnings per share to reach $10 in 2026, a 25% increase over 2025 levels, reflecting management’s confidence in ongoing revenue growth, margin expansion and expense discipline. This guidance factors in modest loan growth, stable net interest margins and targeted efficiency improvements that are projected to drive operating leverage across all business segments.

In the fourth quarter, Citigroup reported revenue growth of 2.1% year-over-year, driven by higher net interest income and stronger performance in institutional client services. Adjusted earnings per share exceeded consensus forecasts, reflecting disciplined cost management and a lower provision for credit losses compared with the prior year period.

During 2025, Citigroup returned $17.5 billion to shareholders through dividends and share repurchases. The bank ended the year with a Common Equity Tier 1 ratio of 13.2%, comfortably above regulatory requirements, providing flexibility for continued large-scale buybacks and progressive dividend increases without compromising capital adequacy.

Citigroup’s return on tangible common equity remains below peer levels, but the firm has laid out a clear roadmap to exceed 10% by 2026. Key initiatives include further cost reductions targeting the efficiency ratio, redeployment of capital toward higher-return businesses such as transaction banking and wealth management, and ongoing simplification of legacy operations.