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Citigroup C Banking — Non-compensation expense

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MSNon-compensation expenses
$4.93B+8.6%

Other financials

Income statement

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Revenue$24.8B+14.3%
Net income$5.8B+45.1%
EPS (diluted)$3.15+60.7%

Balance sheet

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Cash & equivalents$366.41B+8.6%
Total debt$413.92B+7.4%
Total equity$212.02B-0.6%
Total assets$2.89T+10.4%

Cash flow

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Operating cash flow-$24.1B+34.2%
CapEx$1.6B-11.6%
Free cash flow-$25.6B+33.1%

Valuation

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Market cap$230.88B+36.0%
Enterprise value$278.38B+27.8%
P/E12.9×+1.0×
P/S2.5×+0.5×

Profitability

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Gross margin76.6%
Net margin19.5%+2.4pp
FCF margin-71.1%

Returns & leverage

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Return on equity8.4%+1.7pp
Debt / equity+0.1×

Where this comes from

Reported directly by Citigroup in its filing.

Tagged under the XBRL concept c:OperatingExpenseExcludingCompensationExpense.

The source filing: Citigroup’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 5:14 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000831001-26-000045
In millions of dollars, except end-of-period assets, average loans and average deposits in billionsThree Months Ended June 30, / Services / 2026Three Months Ended June 30, / Services / 2025Three Months Ended June 30, / Markets / 2026Three Months Ended June 30, / Markets / 2025Three Months Ended June 30, / Banking / 2026Three Months Ended June 30, / Banking / 2025
Non-interest revenue2,0911,8003,0053,1561,362904
Total revenues, net of interest expense$6,382$5,430$7,007$5,980$1,922$1,434
Compensation expense(1)$679$641$1,177$992$733$695
Non-compensation expense(2)2,1242,0382,6072,516479442
Total operating expense$2,803$2,679$3,784$3,508$1,212$1,137
Provisions for credit losses and for benefits and claims$58$353$109$108$242$173
Provision (benefits) for income taxes92467071054011733
Income (loss) from continuing operations2,5971,7282,4041,82435191

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FAQ

What is Citigroup's banking — non-compensation expense?
Citigroup (C) reported banking — non-compensation expense of $479M in Q2 2026.
How has Citigroup's banking — non-compensation expense changed year-over-year?
Citigroup's banking — non-compensation expense increased by 8.4% year-over-year, from $442M to $479M.
What is the long-term trend for Citigroup's banking — non-compensation expense?
Over 3 years (2022 to 2025), Citigroup's banking — non-compensation expense has grown at a 4.4% compound annual growth rate (CAGR), from $1.5B to $1.71B.
What does banking — non-compensation expense mean?
This metric includes all operating costs for the banking segment excluding personnel-related expenses, such as technology infrastructure, professional fees, occupancy, and marketing. It highlights the segment's overhead efficiency and investment in non-human capital resources.

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