Citigroup Inc. (C) Earnings Call Transcripts
Citigroup Inc.'s Latest Earnings Call - September 14, 2026
In the third quarter of 2026, Citigroup Inc. reported strong financial performance, with management indicating a likely ROTCE above 11%, up from previous guidance of 10%-11%. Revenue growth was driven by a resilient consumer spending environment and strong performance in capital markets, with total revenue expected to exceed prior estimates. The company also announced a $30 billion share buyback program, signaling confidence in its capital position and future earnings potential.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $X billion (beat) |
| ROTCE | above 11% (beat) |
| NII ex Markets Growth | 5%-6% (inline) |
| Share Buyback Program | $30 billion (positive) |
| Consumer Spend Growth | 6% (positive) |
| Delinquencies | down YoY (positive) |
Guidance from management
Management expects to achieve ROTCE above 11% for 2026, with NII growth projected at 5%-6%. They remain committed to their $5 billion investment plan while focusing on improving operational efficiency.
What management said
Yes, ECM continues to be quite strong, the level of activity there. DCM is healthy, but it's more moderated versus what we saw in the first half. M&A continues to be active, led primarily by the big corporates there, of course, and with the sponsors a bit more muted. That's kind of what we're seeing there.
What analysts pressed on
Analysts expressed concerns regarding the sustainability of consumer spending and potential impacts from rising interest rates. There were also questions about the effectiveness of the AI strategy and its long-term benefits.
Main topics on the call
- Strong Consumer Resilience — Management highlighted that 'consumers continue to spend, consumers continue to pay their bills on time,' indicating a stable credit environment with 6% year-on-year spend momentum. Delinquencies and losses are down year...
- Investment Banking and Capital Markets Performance — Citigroup expects 'low single-digit revenue growth year-on-year' in investment banking, with strong momentum in ECM and stable DCM activity. Management noted that September is a critical month for deal activity, which co...
- Guidance Adjustment — Management raised the ROTCE guidance for 2026 to 'a bit above our 11%' from the previous range of 10%-11%, citing strong momentum in the third quarter as a key factor. This reflects increased confidence in achieving fina...
- Capital Deployment Strategy — Citigroup announced a new $30 billion share buyback program, indicating a commitment to returning capital to shareholders while maintaining a strong capital position. This is an increase from the previous year's buyback ...
Read the full Citigroup Inc. transcript (September 14, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Citigroup Inc.
Citigroup Inc. (C) is a publicly listed company in the Banks industry, within the Financials sector. It trades on NYSE and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 90 calls on record spanning January 14, 2020 to September 14, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 90 Citigroup Inc. earnings call transcripts on record, spanning January 14, 2020 to September 14, 2026. Based on this history, Citigroup Inc. reports quarterly. The most recent call on file is dated September 14, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- C
- Exchange
- NYSE
- Country
- US
- Sector
- Financials
- Industry
- Banks
- Calls on record
- 90
- First call
- January 14, 2020
- Most recent
- September 14, 2026
- Reporting cadence
- quarterly