Citigroup (C) Projected to Announce Earnings on Tuesday

Key Points

• Citigroup is expected to report Q3 2026 results before the market opens on October 13. Analysts forecast earnings of $2.65 per share and revenue of approximately $23.70 billion.
• In its prior quarter, Citi exceeded expectations with EPS of $3.15 versus the $2.74 consensus, while revenue rose 14.5% year over year to $24.77 billion.
• The stock recently traded at $128.50, while analysts maintain a “Moderate Buy” consensus and an average price target of $149.22. Citi also increased its quarterly dividend to $0.67 per share, implying a 2.1% yield.

Citigroup (NYSE:C - Get Free Report) is projected to release its Q3 2026 results before the market opens on Tuesday, October 13th. Analysts expect the company to announce earnings of $2.65 per share and revenue of $23.7034 billion for the quarter. Interested persons may review the information on the company's upcoming Q3 2026 earning report for the latest details on the call scheduled for Tuesday, October 13, 2026 at 11:00 AM ET.

Citigroup (NYSE:C - Get Free Report) last posted its earnings results on Tuesday, July 14th. The company reported $3.15 EPS for the quarter, topping the consensus estimate of $2.74 by $0.41. Citigroup had a return on equity of 10.15% and a net margin of 10.23%.The firm had revenue of $24.77 billion for the quarter, compared to analyst estimates of $23.74 billion. During the same period last year, the company earned $1.96 earnings per share. Citigroup's revenue for the quarter was up 14.5% compared to the same quarter last year. On average, analysts expect Citigroup to post $11 EPS for the current fiscal year and $13 EPS for the next fiscal year.

Citigroup Price Performance

Citigroup stock opened at $128.50 on Tuesday. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.71. The company has a fifty day simple moving average of $133.98 and a 200-day simple moving average of $130.92. Citigroup has a 52-week low of $93.66 and a 52-week high of $147.96. The firm has a market capitalization of $219.16 billion, a price-to-earnings ratio of 13.88, a PEG ratio of 0.57 and a beta of 1.13.

Citigroup Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Monday, August 3rd were paid a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 2.1%. This is a boost from Citigroup's previous quarterly dividend of $0.60. The ex-dividend date was Monday, August 3rd. Citigroup's payout ratio is currently 28.94%.

Citigroup News Summary

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citigroup is expanding its Citi Token Services platform into Japan and the United Arab Emirates. The move could broaden its digital-payments network, support transaction volumes and strengthen growth in the Services franchise. Citigroup's Japan & UAE Token Push: A Growth Catalyst for Services?
• Positive Sentiment: Analysts continue to point to Citigroup’s strong earnings-surprise history and favorable estimate trends, raising expectations that the bank could exceed consensus estimates again in its upcoming report. Will Citigroup Beat Estimates Again?
• Positive Sentiment: Citigroup is reportedly accelerating promotion paths for junior bankers as it competes for talent. The strategy could help investment-banking retention and revenue growth, although it may also increase compensation costs. Citigroup fast-tracks junior bankers in fight for talent
• Neutral Sentiment: Citigroup will report third-quarter earnings on October 13. Investors will focus on revenue growth, net interest income, credit quality, trading results and management’s outlook following a broader yield-driven selloff in bank stocks. Citigroup Reports Q3 Earnings on October 13
• Neutral Sentiment: Director Diana L. Taylor increased her Citigroup holdings through dividend reinvestment, a modest insider-ownership signal that may provide some investor confidence but is unlikely to materially affect valuation. Citigroup Director Boosts Holdings Through Dividend Reinvestment
• Negative Sentiment: A report citing a pessimistic forecast from JPMorgan adds pressure to the shares and underscores concerns about Citigroup’s relative performance versus larger banking peers. JPMorgan Issues Pessimistic Forecast for Citigroup Stock

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. Bank of America raised their price objective on shares of Citigroup from $170.00 to $176.00 and gave the company a "buy" rating in a report on Tuesday, July 7th. UBS Group reduced their price objective on Citigroup from $150.00 to $142.00 and set a "neutral" rating for the company in a research note on Monday, August 3rd. Zacks Research cut shares of Citigroup from a "strong-buy" rating to a "hold" rating in a report on Monday, September 14th. Oppenheimer downgraded Citigroup from an "outperform" rating to a "market perform" rating in a report on Tuesday, June 30th. Finally, Argus set a $150.00 price objective on shares of Citigroup in a research report on Wednesday, July 15th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Citigroup currently has an average rating of "Moderate Buy" and a consensus price target of $149.22.

About Citigroup

Citigroup Inc is a global financial services company headquartered in New York City and listed on the New York Stock Exchange under the symbol C. Through its subsidiaries and businesses, Citi provides banking, lending, investment, payments, wealth management and other financial services to consumers, businesses, governments and institutional clients.

Citi's principal businesses include Services, which supports institutional clients with treasury, trade, securities services and related solutions; Markets, which provides sales, trading, research and financing services; Banking, which offers investment banking and corporate banking; and Wealth, which provides private banking and wealth management.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.