Citigroup (C) Q2 2026 (USD): EPS 3.15 (exp. 2.74), Revenue 24.8bln (exp. 23.7bln)
Newsquawk Staff ·
- FICC sales & trading revenue 4.71bln (exp. 4.56bln).
- Equities sales and trading revenue 2.03bln (exp. 1.90bln).
- Provision for credit losses 2.5bln, reflecting 2.4bln of net credit losses.
- Operating expenses 14.2bln +5% Y/Y, driven by higher compensation and benefits, transactional and product servicing expenses, deposit insurance costs, as well as the impact of foreign exchange translation, partially offset by lower professional services expenses.
- Net credit losses were up 8% Y/Y, driven by increases in Banking and Legacy Franchises.
Sources
- Newsquawk European Market Wrap - 23rd October 2026
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- Daily US Equity Opening News: SPCX explores access to 80K US cell sites; OpenAI nears USD 30bln funding at $1.25T valuation
- US Midterm Preview: Democrats Favoured to Flip the House, Senate Too Close to Call
- [MARKET ANALYSIS] Crude benchmarks edge higher as the geopolitical environment remains tense
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