v3.25.2
CONSOLIDATED STATEMENT OF INCOME (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues [Abstract]        
Interest income [1] $ 35,859 $ 35,987 $ 69,525 $ 72,210
Interest expense [1] 20,684 22,494 40,338 45,210
Net interest income [1] 15,175 13,493 29,187 27,000
Commissions and fees [1] 2,745 2,555 5,452 5,191
Principal transactions 3,406 2,874 7,327 6,148
Administration and other fiduciary fees 1,123 1,046 2,168 2,083
Realized gains on sales of investments, net 138 23 259 138
Net impairment losses on investments recognized in earnings (35) (21) (93) (51)
Other revenue (884) 62 (1,036) 539
Total non-interest revenues 6,493 6,539 14,077 14,048
Total revenues, net of interest expense [1] 21,668 20,032 43,264 41,048
Provisions for credit losses and for benefits and claims        
Provision for credit losses on loans 2,477 2,359 5,038 4,781
Provision (release) for credit losses on HTM debt securities 7 (5) 2 5
Provision for credit losses on other assets 381 112 420 116
Policyholder benefits and claims 26 18 46 45
Provision (release) for credit losses on unfunded lending commitments (19) (8) 89 (106)
Total provisions for credit losses and for benefits and claims 2,872 2,476 5,595 4,841
Operating expenses        
Compensation and benefits [1] 7,633 6,888 15,097 14,561
Technology/communication [1] 2,290 2,238 4,669 4,484
Transactional and tax charges [1] 985 1,035 1,921 1,939
Premises and equipment [1] 615 597 1,189 1,182
Professional services [1] 510 449 986 875
Advertising and marketing [1] 269 280 519 508
Restructuring [1] (2) 36 (5) 261
Other operating [1] 1,277 1,723 2,626 3,543
Total operating expenses [1] 13,577 13,246 27,002 27,353
Income from continuing operations before income taxes 5,219 4,310 10,667 8,854
Provision for income taxes 1,186 1,047 2,526 2,183
Income from continuing operations 4,033 3,263 8,141 6,671
Discontinued operations        
Income (loss) from discontinued operations 0 0 (1) (1)
Benefit for income taxes 0 0 0 0
Income (loss) from discontinued operations, net of taxes 0 0 (1) (1)
Net income before attribution to noncontrolling interests 4,033 3,263 8,140 6,670
Noncontrolling interests 14 46 57 82
Citigroup’s net income $ 4,019 $ 3,217 $ 8,083 $ 6,588
Basic earnings per share        
Income from continuing operations (in dollars per share) [2] $ 1.98 $ 1.54 $ 3.98 $ 3.14
Income from discontinued operations, net of taxes (in dollars per share) [2] 0 0 0 0
Net income (in dollars per share) [2] $ 1.98 $ 1.54 $ 3.98 $ 3.14
Weighted-average common shares outstanding (in shares) 1,855.9 1,907.7 1,867.5 1,909.1
Diluted earnings per share        
Income from continuing operations (in dollars per share) [2] $ 1.96 $ 1.52 $ 3.92 $ 3.10
Income (loss) from discontinued operations, net of taxes (in dollars per share) [2] 0 0 0 0
Net income (in dollars per share) [2] $ 1.96 $ 1.52 $ 3.92 $ 3.10
Adjusted weighted-average diluted common shares outstanding (in shares) 1,893.1 1,945.7 1,906.4 1,944.4
[1]     Effective January 1, 2025, certain transaction processing fees paid by Citi, primarily to credit card networks, which were previously presented within Other operating expenses, are presented as contra-revenue within Commissions and fees reported in Non-interest revenue. Prior periods were conformed to reflect this change in presentation.
[2] Due to rounding, earnings per share on continuing operations and discontinued operations may not sum to earnings per share on net income.