Citigroup stock reports 14 percent Q2 revenue growth

Published on 09/25/2026 at 14:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Citigroup stock posted USD 24.8 billion of revenue in Q2 2026, up 14 percent year over year. Goldman Sachs cut its target from USD 175 to USD 169 on September 16, while the September 24 quote was USD 132.11.

Fotorealistisches Luftbild des New Yorker Finanzviertels bei Sonnenaufgang — Citigroup Inc. zeigt globales Bankenzentrum Manhattan Skyline bei goldenem Sonnenaufgang über dem Finanzdistrikt US1729674242, Illustration mit AI erstellt.

Citigroup stock (ISIN US1729674242) delivered USD 24.8 billion in second-quarter 2026 revenue, up 14 percent year over year, while adjusted? No, the reported EPS was USD 3.15. The combination gives the bank a clear earnings anchor as investors assess its capital returns and second-half risks.

Revenue growth sets the tone

According to Perplexity Finance in its July 14, 2026 transcript, Citigroup reported Q2 net income of USD 5.8 billion, earnings per share of USD 3.15 and a 13 percent return on tangible common equity. The USD 24.8 billion revenue result was 14 percent higher than in the prior-year quarter.

The comparison with consensus was also favorable: the transcript lists actual EPS of USD 3.15 against an estimate of USD 2.72. Services revenue increased 18 percent, while Markets revenue rose 17 percent, giving the result breadth beyond one operating unit.

Goldman trims its target

On September 16, 2026, MarketScreener reported that Goldman Sachs lowered its Citigroup price target from USD 175 to USD 169 while retaining a Buy rating. The revised target stood USD 36.89, or 27.9 percent, above the September 24 reference price of USD 132.11.

Citi's full-year 2026 outlook calls for RoTCE of 10 percent to 11 percent and net interest income excluding Markets growth of 5 percent to 6 percent. Management also cited a US credit-card net credit-loss rate of 4 percent to 4.5 percent and a USD 30 billion common-stock repurchase commitment.

Stock trades below yearly high

Citigroup stock was trading at USD 132.11 on the NYSE on September 24, 2026 at 3:59 p.m. ET, up 0.14 percent from the prior close of USD 131.93. The 52-week range was USD 93.66 to USD 147.96, placing the price 10.7 percent below the high, while market capitalization stood at USD 226,556,760,100 and volume reached 8,593,666 shares.