v3.25.2
EARNINGS PER SHARE
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
The following table reconciles the income and share data used in the basic and diluted earnings per share (EPS) computations:

Three Months Ended June 30,Six Months Ended June 30,
In millions of dollars, except per share amounts2025202420252024
Earnings per common share
Income from continuing operations before attribution of noncontrolling interests$4,033 $3,263 $8,141 $6,671 
Less: Noncontrolling interests from continuing operations14 46 57 82 
Net income from continuing operations (for EPS purposes)$4,019 $3,217 $8,084 $6,589 
Loss from discontinued operations, net of taxes — (1)(1)
Citigroup’s net income$4,019 $3,217 $8,083 $6,588 
Less: Preferred dividends287 242 556 521 
Net income available to common shareholders$3,732 $2,975 $7,527 $6,067 
Less: Dividends and undistributed earnings allocated to employee restricted and deferred shares with rights to dividends, and other relevant items(1), applicable to basic EPS
49 32 93 77 
Net income allocated to common shareholders for basic EPS$3,683 $2,943 $7,434 $5,990 
Weighted-average common shares outstanding applicable to basic EPS (in millions)
1,855.9 1,907.7 1,867.5 1,909.1 
Basic earnings per share
Income from continuing operations$1.98 $1.54 $3.98 $3.14 
Discontinued operations —  — 
Net income per share—basic(2)
$1.98 $1.54 $3.98 $3.14 
Diluted earnings per share
Net income allocated to common shareholders for basic EPS$3,683 $2,943 $7,434 $5,990 
Add back: Dividends allocated to employee restricted and deferred shares with rights to dividends that are forfeitable19 19 36 34 
Net income allocated to common shareholders for diluted EPS$3,702 $2,962 $7,470 $6,024 
Weighted-average common shares outstanding applicable to basic EPS (in millions)
1,855.9 1,907.7 1,867.5 1,909.1 
Effect of dilutive securities(3)
Other employee plans37.2 38.0 38.9 35.3 
Adjusted weighted-average common shares outstanding applicable to diluted EPS
(in millions)
1,893.1 1,945.7 1,906.4 1,944.4 
Diluted earnings per share    
Income from continuing operations$1.96 $1.52 $3.92 $3.10 
Discontinued operations —  — 
Net income per share—diluted(2)
$1.96 $1.52 $3.92 $3.10 

(1)Other relevant items in the second quarter of 2025 include issuance costs of $8 million related to the redemption of preferred stock Series P. The issuance costs were reclassified from Additional paid-in capital to Retained earnings upon redemption of the preferred stock. See Note 20. The total for this line also includes dividends and undistributed earnings ($41 million combined for 2Q25) allocated to employee restricted and deferred shares with rights to dividends.
(2)Due to rounding, earnings per share on continuing operations and discontinued operations may not sum to earnings per share on net income.
(3)    During the six months ended June 30, 2025 and 2024, there were no weighted-average options outstanding.