Citigroup (C) Operating Expenses (2009 - 2026)
Citigroup (C) posted quarterly Operating Expenses of $13.8 billion for Q4 2025, up 5.89% year-over-year from $13.1 billion in Q4 2024, and down 3.15% quarter-over-quarter from $14.3 billion in Q3 2025.
Citigroup (C) Operating Expenses (2009 - 2026) Analysis & Trends
Citigroup (C) has reported Operating Expenses for 17 consecutive years, with $13.8 billion the latest figure, recorded in 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 retreated to $13.8 billion in Q4 2025 per C's latest filing, from $14.3 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $15.6 billion in Q4 2023 and bottomed at $11.4 billion in Q1 2021.
- Historically, Operating Expenses has averaged $13.2 billion across 5 years, with a median of $13.3 billion in 2023.
- Annual changes were most pronounced in 2021 — Operating Expenses surged 25391.11% — and 2024, when it decreased 16.22%.
- Citigroup's Operating Expenses stood at $13.5 billion in 2021, then dropped by 4.04% to $13.0 billion in 2022, then increased by 20.14% to $15.6 billion in 2023, then slipped by 16.22% to $13.1 billion in 2024, then grew by 5.89% to $13.8 billion in 2025.
- Business Quant data shows C's Operating Expenses at $13.8 billion in Q4 2025, $14.3 billion in Q3 2025, and $13.6 billion in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 446.66 Bn | -141.83 Bn | 30.39 Bn | 18.63 Bn |
| 2 | Hsbc Holdings | 357.94 Bn | 357.94 Bn | - | 16.82 Bn |
| 3 | Royal Bank Of Canada | 290.01 Bn | 91.08 Bn | - | 6.82 Bn |
| 4 | Wells Fargo & Company | 257.10 Bn | 53.13 Bn | - | 13.66 Bn |
| 5 | Mitsubishi Ufj Financial | 252.10 Bn | -141.52 Bn | 10.89 Bn | 17.50 Bn |
| 6 | Citigroup | 224.50 Bn | -2,077.81 Bn | 24.75 Bn | 14.22 Bn |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | -7.44 Bn |
| 8 | Toronto Dominion Bank | 196.38 Bn | 21.89 Bn | - | 6.11 Bn |
| 9 | UBS Group AG | 168.44 Bn | -47.28 Bn | - | - |
| 10 | Bank of New York Mellon | 109.66 Bn | 48.43 Bn | - | 3.44 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 14.22 Bn |
| 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 |