Citigroup Inc. (C) reported earnings for its second quarter that climbed from last year.
The company's bottom line came in at $6.19 billion, or $2.85 per share. This compares with $1.06 billion, or $0.38 per share, in last year's second quarter.
The company's revenue for the quarter fell 11.6% to $17.47 billion from $19.77 billion last year.
Citigroup Inc. earnings at a glance:
-Earnings (Q2): $6.19 Bln. vs. $1.06 Bln. last year.-EPS (Q2): $2.85 vs. $0.38 last year.-Revenue (Q2): $17.47 Bln vs. $19.77 Bln last year.
For comments and feedback contact: editorial@rttnews.com
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.