secwatch.observer — SEC 8-K summary
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Issuer:     CITIGROUP INC (C)
CIK:        0000831001
Form:       8-K
Filed at:   2026-10-13T14:09:22+00:00
Accession:  0001104659-26-115323
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Citigroup Q3 2026 EPS $2.85, up 53% YoY, on $23.8B revenue (+8%); best third-quarter revenue in a decade
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- Q3 2026 net income $5.2B, or $2.85 diluted EPS, up 53% YoY; revenue $23.8B rose 8% from $22.1B, Citi's best third-quarter revenue in a decade.
- Adjusted EPS up 27% ex-item; prior-year period included a $726M Banamex goodwill impairment ($714M after tax), when reported EPS was $1.86 and net income $3.8B.
- Services revenue $6.6B, up 15% (TTS +16%, Securities Services +13%); Markets +6% with Equities +14%; Banking +6%; Wealth RoTCE above 14%; USCC return above 21%.
- Returned $4.1B to common shareholders via buybacks and dividends; payout ratio 85%; CET1 12.8%; BVPS $115.61 (+7%), TBVPS $101.59 (+6%); ROE 10.1%.
- CEO Jane Fraser expects to exceed this year's return target while pulling forward investment toward 11-13% near-term goal and 14-15% sustainable returns; provision $2.6B, expenses $14.0B (-2%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/831001/000110465926115323/0001104659-26-115323-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/831001/000110465926115323/c-20261013x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-115323

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