Citigroup (C) Operating Expenses (2009 - 2025)
Citigroup (C) posted quarterly Operating Expenses of $13.8 billion for Q4 2025, up 5.89% YoY from $13.1 billion in Q4 2024, and down 3.15% sequentially from $14.3 billion in Q3 2025.
Citigroup (C) Operating Expenses (2009 - 2025) Analysis & Trends
Citigroup has disclosed Operating Expenses across 17 years of filings, most recently posting $13.8 billion for Q4 2025.
- In Q4 2025, Operating Expenses rose 5.89% year-over-year to $13.8 billion; the TTM figure through Dec 2025 stood at $55.1 billion (up 2.92% YoY), while the FY2025 annual figure was $55.1 billion, up 2.92% from the prior year.
- Operating Expenses fell to $13.8 billion in Q4 2025, from $14.3 billion in the prior quarter.
- Over the last five years, Operating Expenses for C reached as high as $15.6 billion in Q4 2023 and fell as low as $11.4 billion in Q1 2021.
- The 5-year median for Operating Expenses is $13.3 billion (2023), against an average of $13.2 billion.
- Annual changes were most pronounced in 2021 — Operating Expenses surged 25391.11% — and 2024, when it decreased 16.22%.
- A 5-year view of Operating Expenses shows it stood at $13.5 billion in 2021, then slipped by 4.04% to $13.0 billion in 2022, then grew by 20.14% to $15.6 billion in 2023, then decreased by 16.22% to $13.1 billion in 2024, then climbed by 5.89% to $13.8 billion in 2025.
- According to Business Quant data, Operating Expenses over the past three periods registered $13.8 billion, $14.3 billion, and $13.6 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Hsbc Holdings | 1,641.64 Bn | 1,642.09 Bn | - | 609.00 Mn |
| 2 | Bank Of America | 423.61 Bn | -183.09 Bn | 29.24 Bn | 18.53 Bn |
| 3 | Wells Fargo & Company | 264.70 Bn | 189.62 Bn | - | 14.33 Bn |
| 4 | Citigroup | 256.70 Bn | -1,928.30 Bn | 19.85 Bn | 13.84 Bn |
| 5 | UBS Group AG | 156.73 Bn | 156.73 Bn | - | - |
| 6 | Bank of New York Mellon | 100.92 Bn | 44.00 Bn | - | 3.40 Bn |
| 7 | Jpmorgan Chase | 93.06 Bn | 120.14 Bn | - | 26.85 Bn |
| 8 | Sumitomo Mitsui Financial | 92.45 Bn | 93.39 Bn | - | -19.18 Bn |
| 9 | Bank of N.T. Butterfield & Son | 2.40 Bn | -454.67 Mn | 152.73 Mn | 90.51 Mn |
| 10 | Barclays | - | - | - | -6.13 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 13.84 Bn |
| Sep 30, 2025 | 14.29 Bn |
| Jun 30, 2025 | 13.58 Bn |
| Mar 31, 2025 | 13.43 Bn |
| Dec 31, 2024 | 13.07 Bn |
| Sep 30, 2024 | 13.14 Bn |
| Jun 30, 2024 | 13.25 Bn |
| Mar 31, 2024 | 14.11 Bn |
| Dec 31, 2023 | 15.60 Bn |
| Sep 30, 2023 | 13.51 Bn |
| Jun 30, 2023 | 13.57 Bn |
| Mar 31, 2023 | 13.29 Bn |
| Dec 31, 2022 | 12.99 Bn |
| Sep 30, 2022 | 12.75 Bn |
| Jun 30, 2022 | 12.39 Bn |
| Mar 31, 2022 | 13.17 Bn |
| Dec 31, 2021 | 13.53 Bn |
| Sep 30, 2021 | 11.78 Bn |
| Jun 30, 2021 | 11.47 Bn |
| Mar 31, 2021 | 11.41 Bn |