v3.25.2
CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (UNAUDITED) - USD ($)
$ in Millions
Total
Citigroup stockholders' equity
Preferred stock at aggregate liquidation value
Total Citigroup common stockholders’ equity
Common stock and additional paid-in capital (APIC)
Retained earnings
Treasury stock, at cost
Citigroup's accumulated other comprehensive income (loss)
Noncontrolling interests
Balance, beginning of period at Dec. 31, 2023     $ 17,600   $ 108,986 $ 198,905 $ (75,238) $ (44,800) $ 798
Increase (Decrease) in Stockholders' Equity                  
Issuance of new preferred stock     2,300            
Redemption of preferred stock     (1,800)            
Employee benefit plans         (137)   896 [1]    
Excise tax on share repurchases [2]             0    
Other         (33) (5)     0
Net income before attribution of noncontrolling interests $ 6,670         6,588     82
Common dividends [3]           (2,054)      
Preferred dividends (521)         (521)      
Treasury stock acquired             (500)    
Citigroup’s total other comprehensive income (loss)               (1,877) (33)
Transactions between Citigroup and the noncontrolling-interest shareholders                 (9)
Distributions paid to noncontrolling-interest shareholders                 (4)
Net change in noncontrolling interests                 36
Balance, end of period at Jun. 30, 2024 209,144 $ 208,310 18,100 $ 190,210 108,816 202,913 (74,842) (46,677) 834
Balance, beginning of period at Mar. 31, 2024     17,600   108,623 200,956 (74,865) (45,729) 813
Increase (Decrease) in Stockholders' Equity                  
Issuance of new preferred stock     1,750            
Redemption of preferred stock     (1,250)            
Employee benefit plans         235   23 [1]    
Excise tax on share repurchases [2]             0    
Other         (42) 6     (1)
Net income before attribution of noncontrolling interests 3,263         3,217     46
Common dividends [3]           (1,024)      
Preferred dividends (242)         (242)      
Treasury stock acquired             0    
Citigroup’s total other comprehensive income (loss)               (948) (20)
Transactions between Citigroup and the noncontrolling-interest shareholders                 0
Distributions paid to noncontrolling-interest shareholders                 (4)
Net change in noncontrolling interests                 21
Balance, end of period at Jun. 30, 2024 209,144 208,310 18,100 190,210 108,816 202,913 (74,842) (46,677) 834
Balance, beginning of period at Dec. 31, 2024 209,366   17,850   109,148 206,294 (76,842) (47,852) 768
Increase (Decrease) in Stockholders' Equity                  
Issuance of new preferred stock     2,000            
Redemption of preferred stock     (3,500)            
Employee benefit plans         (285)   732 [1]    
Excise tax on share repurchases [2]             (26)    
Other         7 (12)     0
Net income before attribution of noncontrolling interests 8,140         8,083     57
Common dividends [3]           (2,135)      
Preferred dividends (556)         (556)      
Treasury stock acquired             (3,750)    
Citigroup’s total other comprehensive income (loss)               4,066 107
Transactions between Citigroup and the noncontrolling-interest shareholders                 (10)
Distributions paid to noncontrolling-interest shareholders                 (14)
Net change in noncontrolling interests                 140
Balance, end of period at Jun. 30, 2025 214,130 213,222 16,350 196,872 108,870 211,674 (79,886) (43,786) 908
Balance, beginning of period at Mar. 31, 2025     18,350   108,647 209,013 (77,880) (45,722) 850
Increase (Decrease) in Stockholders' Equity                  
Issuance of new preferred stock     0            
Redemption of preferred stock     (2,000)            
Employee benefit plans         217   14 [1]    
Excise tax on share repurchases [2]             (20)    
Other         6 (8)     0
Net income before attribution of noncontrolling interests 4,033         4,019     14
Common dividends [3]           (1,063)      
Preferred dividends (287)         (287)      
Treasury stock acquired             (2,000)    
Citigroup’s total other comprehensive income (loss)               1,936 58
Transactions between Citigroup and the noncontrolling-interest shareholders                 0
Distributions paid to noncontrolling-interest shareholders                 (14)
Net change in noncontrolling interests                 58
Balance, end of period at Jun. 30, 2025 $ 214,130 $ 213,222 $ 16,350 $ 196,872 $ 108,870 $ 211,674 $ (79,886) $ (43,786) $ 908
[1] Includes treasury stock related to certain activity under Citi’s employee restricted or deferred stock programs where shares are withheld to satisfy employees’ tax requirements.
[2] The 1% excise tax on the fair market value of common stock repurchased in the taxable year, reduced by the fair market value of any common stock issued during the same year.
[3] Common dividends declared were $0.56 per share for both 1Q25 and 2Q25, and $0.53 per share for both 1Q24 and 2Q24.