Citigroup Inc

Company facts

Industry

National Commercial Banks

Headquarters

New York, New York

Most recent report

10-Q, filed Aug 6, 2026

Incorporated

Delaware

Filings on record

13,386+ filings

On EDGAR

CIK 831001

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Jun 2026 10-Q

SECSift found 5 of 6 sections worth reading, with 4 positive, 13 notable, and 2 negative flags.

• AND RESULTS OF OPERATIONS

  Q2 results show strong revenue and expense control, dividend hike, and slowing buyback pace.
  Positive

  • Revenue up 14% and expenses up 5% in Q2 2026, generating positive operating leverage across most businesses.
  • CET1 ratio of 12.8% exceeds the regulatory minimum by about 120 basis points.
  • Net income increased 45% to $5.8B in Q2 2026 vs $4.0B a year ago.
  Notable

  • Returned $5.0B to shareholders ($4.0B buybacks), down from $7.4B in Q1 2026.
  • Quarterly dividend to rise from $0.60 to $0.67, declared July 21, 2026.
  • Completed acquisition of additional American Airlines co-branded card portfolio in Q2 2026.
  • Continued progress: sold Poland consumer bank and closed another Banamex equity sale.
  • Net credit losses rose 8% vs Q2 2025, driven by Banking and Legacy Franchises.

• BALANCE SHEET OVERVIEW

  Massive section with real results, capital actions, and Banamex progress.
  Notable

  • Citi completed 22.6% Banamex equity sale in April 2026, adding $1.5B to equity.
  • Bought back $10.3B in common shares in H1 2026, vs $3.75B in H1 2025.
  • Acquired additional $6.6B American Airlines co-branded card portfolio in April 2026.
  • Total corporate credit exposure increased $47B to $864B since Dec 31 2025, driven by real estate and banks.

• NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

  Core 10-Q financial notes with earnings, disposals, credit trends.
  Notable

  • Purchased ~$7B additional American Airlines co-branded card portfolio, added $738M PCCR.

• Significant Interests in Unconsolidated VIEs—Balance Sheet Classification

  VIE exposure jumped $11B; unaccrued loss range $1.2B; new Greek litigation filed.
  Notable

  • Re-securitization of agency securities rose to $10.2B transferred in Q2 2026 from $6.7B in Q2 2025.
  • Net investment hedges recorded a pretax loss of $414M in Q2 2026, vs a $356M gain in Q1 2026.
  Negative

  • Reasonably possible unaccrued loss range increased to $1.2B from $1.1B at March 31, 2026.
  • New Greek pension claim filed June 9, 2026. Hearing scheduled Dec 11, 2026.

• SUMMARIZED BALANCE SHEET

  Balance sheet routine; new buyback and dividend increase are notable but not urgent.
  Positive

  • New $30B buyback program authorized; $4.0B repurchased in Q2 2026 at $138.58/share.
  Notable

  • No insider trading arrangements adopted or terminated in Q2 2026.

What changed: Jun 2026 vs. Mar 2026

About 11% of C's Jun 2026 10-Q is new information. 177 paragraphs were added, 583 changed, and 162 removed. Below are the most important lines SECSift identified.

• BALANCE SHEET OVERVIEW 328
• NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) 135
• Significant Interests in Unconsolidated VIEs—Balance Sheet Classification 75
• AND RESULTS OF OPERATIONS 36
• SUMMARIZED BALANCE SHEET 20
• RESULTS OF OPERATIONS 7