Citigroup Non-GAAP EPS Of $1.81 Beats By $0.19, Revenue Of $19.87B Misses By $580M

Citigroup Q4 Non-GAAP EPS of $1.81 beats by $0.19. Revenue of $19.87B (+2.1% Y/Y) misses by $580M.

Citi shares dropped 2% in premarket.

Citigroup revenues of $19.9 billion in the fourth quarter 2025 increased 2%, on a reported basis, driven by growth in Banking, Services, USPB and Wealth, primarily offset by a decline in All Other. Excluding the Russia-related notable item, revenues were up 8%.

Citigroup provision for credit losses was $2.2 billion, driven by $2.2 billion of net credit losses and a net allowance for credit losses (ACL) build of $30 million, driven by higher net lending activity, primarily offset by changes in credit quality. Net credit losses were down 2% from the prior-year period, driven by a decrease in USPB, largely offset by an increase in Legacy Franchises. The provision in the prior-year period was $2.6 billion, driven by $2.2billion of net credit losses and a net ACL build of $351 million, driven by higher net lending activity, partially offset by changes in the macroeconomic outlook.