Citi's fourth-quarter 2025 results revealed a profitable end to the year, accompanied by a leadership transition as CFO Mark Mason prepared to pass the baton. The financial institution reported Q4 net income of $2.5 billion, translating to $1.19 per diluted share, on revenue of $19.9 billion. These figures compare to the previous year's $2.9 billion net income, or $1.34 per share, on $19.5 billion of revenue.

Excluding a Russia-related notable item, Citi's adjusted EPS reached $1.81 on $21.0 billion of revenue, surpassing FactSet's consensus estimates of $1.65 EPS on $20.9 billion of revenue. Mason, in his final quarterly media call as CFO, emphasized the bank's strong position, citing successful execution against strategic priorities.

The results and leadership change occur amidst an ongoing restructuring effort at Citi. Mason, who has been with Citi since 2001 and CFO since 2019, is set to become executive vice chairman and senior executive advisor to Chairwoman and CEO Jane Fraser in early March. Gonzalo Luchetti, head of U.S. personal banking, will succeed him as CFO. The market will be watching closely to see if Luchetti can maintain the momentum achieved under Mason's leadership and navigate the complexities of the ongoing restructuring.