Citigroup Q2 net profit jumps 45% to $5.83 billion

Citigroup reported a 45% increase in net profit for the second quarter of 2026, reaching $5.83 billion, driven by the best quarterly revenue in a decade. Revenue rose 14% to $24.77 billion, with growth across most segments Source: Milenio.

Financial highlights

• Net profit: $5.83 billion (Q2), $11.62 billion (H1) — up 49% year-on-year Source: Infobae
• Revenue: $24.77 billion (Q2), up 14% YoY Source: Infobae
• Return on equity (ROE) improved to 11.4% from 7.7% a year earlier, while the CET1 ratio fell to 12.8% Source: Infobae

Business segment performance

Citigroup's services division posted 18% revenue growth to $6.38 billion, markets grew 19% to $7.01 billion, wealth management rose 13% to $3.18 billion, and credit card revenue edged up 1% to $4.52 billion Source: Infobae. CEO Jane Fraser highlighted that the bank delivered double-digit growth in four of its five business lines Source: Milenio.

Shareholder returns and outlook

During the quarter, Citi returned $5 billion to shareholders via dividends and buybacks. Fraser announced a 12% dividend increase and a $30 billion share repurchase plan Source: Milenio. The bank's stock slipped 1% ahead of Wall Street's open .