Citigroup (C) Revenue Up 14% With Earnings Jumping to $3.06

AI Summary

Citigroup (C) reported a robust first quarter in 2026 with a year-over-year revenue increase of 14% and earnings per share rising from $1.96 to $3.06. Over the past year, the stock has surged more than 60%, outpacing competitors such as JPMorgan Chase (JPM) and Bank of America (BAC). The price-to-book (P/B) ratio increased from 0.5x to 1.1x, while the price-to-earnings (P/E) ratio advanced from 6x to 15x. Despite this rise, Citigroup's return on average common equity (ROTCE) was 13.1%, below Bank of America's 16% and JPMorgan's 23%.