Citi CFO Mark Mason says the bank is strong and his successor will ‘continue the momentum’

Good morning. Citi’s fourth-quarter 2025 results marked a profitable close to 2025 and a turning point in its leadership, as longtime CFO Mark Mason prepares to hand the reins to his successor amid solid earnings and an ongoing restructuring.

The bank reported Q4 net income of $2.5 billion, or $1.19 per diluted share, on $19.9 billion of revenue, down from $2.9 billion, or $1.34 per share, on $19.5 billion a year earlier. On a reported basis (including a Russia-related notable item)...