Skip Header
Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Citigroup Q4 results come in ahead of expectations

(Sharecast News) - US banking giant Citigroup posted fourth quarter results that came in ahead of expectations on Wednesday, aided by stronger interest income and lower‑than‑forecast provisions for bad loans. Citigroup turned in adjusted earnings of $1.81 per share, beating the $1.67 expected on the Street, while adjusted revenuse rose to $21bn, ahead of consensus estimates of $20.72bn.

Headline net income fell 13% year on year to $2.47bn, or $1.19 per share, after a $1.1bn after‑tax charge linked to the planned sale of its Russian operations. However, excluding that item, profits totalled $3.6bn.

Citigroup said revenues excluding the Russia‑related charge rose 8% to $21bn, supported by growth across banking, wealth and institutional services. Net interest income jumped 14% to $15.67bn, around $815m above market estimates.

It also noted that loan‑loss provisions came in at $2.2bn for the quarter, roughly $330m lower than analysts had expected.

"With record revenues and positive operating leverage for each of our five businesses, 2025 was a year of significant progress as we demonstrated that the investments we are making are driving strong top-line growth," said chief executive Jane Fraser. "We enter 2026 with visible momentum across the firm."

Reporting by Iain Gilbert at Sharecast.com

Share this article

Related Sharecast Articles

Air France-KLM submits bid for stake in Portugal's TAP
(Sharecast News) - Air France-KLM said it had submitted a non-binding offer to buy a minority stake in TAP Air Portugal as part of the Portuguese government's plan to privatise its national airline.
Sorted Group proposes to dispose of its main trading subsidiary
(Sharecast News) - Sorted Group announced a proposal to dispose of its main trading subsidiary Sorted Group Limited on Thursday, for a nominal £1, in a move that would see the company become an AIM cash shell and pursue a new acquisition-led strategy.
Speedy Hire warns on worsening market conditions despite strategic progress
(Sharecast News) - Tools and equipment hire company Speedy Hire said on Thursday that it had delivered "significant strategic progress" in FY26, highlighted by its "transformational" partnership with Proservice and continued momentum across its core operations, but also cautioned that trading conditions had deteriorated further in the final quarter amid budget uncertainty, geopolitical tensions and customer‑driven delays.
RBC Capital Markets upgrades Berkeley to 'outperform'
(Sharecast News) - Analysts at RBC Capital Markets upgraded housebuilder Berkeley from 'sector perform' to 'outperform' on Thursday, noting the group had "acted decisively" to the challenges it had faced.

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.