Citi acumula un beneficio de 16.900 millones en nueve meses, un 42% más

Citigroup, under the leadership of Jane Fraser, has reported a net profit of $16.900 million over the first nine months of 2026, marking a 42% increase compared to the same period last year. The financial performance was particularly strong in the third quarter of the year, with a net profit of $5.245 million, 40% higher than in the corresponding period of 2025, boosted by a one-off gain from the sale of its Mexican bank, Banamex.

The earnings per share reached $2.85, surpassing the expected $2.66 per share. As a result, the company has accumulated a profit of $16.861 million in the nine-month period, exceeding market analysts' expectations. Fraser's performance during the quarter, including the highest earnings for a third quarter in a decade, positive operating leverage, and a significant improvement in profitability, reflects the consistent and disciplined execution of the company's strategy.

Citigroup has returned over $4 billion to ordinary shareholders while continuing to invest in growth and prepare for a future driven by Artificial Intelligence. The company remains confident in surpassing its annual profitability target, even as it anticipates investments targeting a short-term goal of 11-13% return, paving the way for its intermediate milestones towards a sustainable profitability of 14-15%.