Citi(US:C) Yahoo Finance·2026-01-14 18:16Financial Performance - Citigroup reported fourth-quarter net income of $2.5 billion, with an EPS of $1.19 and a return on tangible common equity (ROTCE) of 5.1% on revenues of $19.9 billion, impacted by a notable item related to its operations in Russia [3] - Adjusted net income for the fourth quarter was $3.6 billion, with an adjusted EPS of $1.81 and an adjusted ROTCE of 7.7%, reflecting an 8% increase in net interest income excluding markets [2][6] - For the full year 2025, Citigroup achieved a reported net income of $14.3 billion, up 13%, and an adjusted net income of $16.1 billion, up 27%, with reported ROTCE of 7.7% [7][6] Revenue Growth - Total revenues for the fourth quarter increased by 2% year-over-year on a reported basis and by 8% when adjusted for the Russia notable item [2] - Full-year reported revenue was $85.2 billion, with adjusted revenue at $86.6 billion, marking a 7% increase and the strongest growth in over a decade [8] Strategic Initiatives - Citigroup is nearing completion of its international consumer divestitures, including the sale of its consumer business in Poland and remaining operations in Russia [9] - The company is focusing on accelerating AI adoption, with over 21 million interactions with proprietary tools across 84 countries, and aims to simplify processes through automation [10] Capital Management - Citigroup returned over $17.5 billion to shareholders in 2025, including more than $13 billion in share repurchases [6][11] - The bank ended the quarter with a preliminary standardized CET1 ratio of 13.2%, significantly above its regulatory requirement, and maintained a liquidity coverage ratio of 115% [12] Future Outlook - For 2026, Citigroup targets net interest income growth of approximately 5-6% excluding markets and aims for an efficiency ratio around 60% [5][14] - The company is expected to provide more strategic details at an Investor Day scheduled for May 7, focusing on its path toward achieving a ROTCE of 10-11% [17]