Citi expects 2026 RoTCE above 11% with efficiency ratio below 60%
FROM THE WIRE · SEEKINGALPHA.COM
Earnings Call Insights: Citigroup (C) Q3 2026 MANAGEMENT VIEW * "This morning, we reported net income of $5.2 billion for the third quarter with an EPS of $2.85 and an RoTCE of 11.5%." (CEO & Chair of the Board Jane Fraser) * "With revenues up 8% year-over-year, we delivered our…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishCitigroup's Q3 2026 results with positive guidance are relevant for the stock but in line with market expectations.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Citigroup reported net income of $5.2 billion for Q3 with EPS of $2.85 and RoTCE of 11.5%.
- 02Revenues were up 8% year-over-year, delivering the best third quarter revenue in a decade.
- 03The bank saw revenue growth in 4 out of 5 businesses, including 15% growth in Services.
- 04Citigroup brought in $38 billion in net new investment assets this quarter, up over 100% from a year ago.
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Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets