Citigroup Inc (NYSE:C) shares fell more than 3% on Tuesday after the bank reported fourth quarter 2025 revenue that fell short of expectations, weighed down by lower non-interest income and a $1.2 billion pre-tax loss from its planned exit from Russia.
The bank posted net income of $2.5 billion, or $1.19 per diluted share, on revenue of $19.9 billion, missing analysts’ revenue estimate of $20.5 billion.
Excluding the Russia-related loss, adjusted EPS came to $1.81, beating consensus estimates of roughly $1.70, while adjusted revenue reached $21 billion.
For the full year, Citigroup reported net income of $14.3 billion on revenue of $85.2 billion, up from $12.7 billion on $80.7 billion in 2024.
The bank returned approximately $17.6 billion to shareholders in 2025 through dividends and share repurchases, including $5.6 billion in the fourth quarter.
Citigroup’s capital position remained strong, with a Common Equity Tier 1 ratio of 13.2%, book value per share of $110.01, and tangible book value per share of $97.06. Its 2025 payout ratio was 133%.
“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 topline growth,” Citi CEO Jane Fraser said in a statement.
“We enter 2026 with visible momentum across the firm and are committed to reaching our target of 10-11% RoTCE for the year and positioning Citi for improved returns above that level in the years ahead.”