v3.25.4
COMMISSIONS AND FEES; ADMINISTRATION AND OTHER FIDUCIARY FEES (Tables)
 12 Months Ended
Dec. 31, 2025
Other Income and Expenses [Abstract]  
Schedule of commissions and fees revenues
The following table presents Commissions and fees revenue:

In millions of dollars202520242023
Investment banking(1)
$4,408 $3,576 $2,676 
Brokerage commissions(2)
2,824 2,498 2,316 
Credit and bank card income
Interchange fees(3)
12,056 11,793 11,601 
Card-related loan fees721 604 475 
Card rewards and partner payments(4)
(13,428)(12,592)(12,513)
Deposit-related fees1,377 1,333 1,254 
Transactional service fees1,483 1,390 1,323 
Corporate finance(5)
689 685 439 
Insurance distribution revenue312 313 321 
Insurance premiums106 96 97 
Loan servicing87 76 100 
Other534 464 420 
Total(6)
$11,169 $10,236 $8,509 

(1)    For the periods presented, the contract liability amount was negligible.
(2)    The Company recognized $454 million, $442 million and $448 million of revenue related to variable consideration for the years ended December 31, 2025, 2024 and 2023, respectively. These amounts primarily relate to performance obligations satisfied in prior periods.
(3)    See footnote 1 to the Consolidated Statement of Income above for the description of a change in presentation. Interchange fees are presented net of certain transaction processing fees paid by Citi, primarily to credit card networks, for the periods presented.
(4)    As described above, Citi’s credit card programs have certain partner sharing agreements that vary by partner.
(5)    Consists primarily of fees earned from structuring and underwriting loan syndications or related financing activity earned primarily by Banking. This activity is accounted for under ASC 310.
(6)    Commissions and fees include $(11,810) million, $(11,076) million and $(11,367) million not accounted for under ASC 606, Revenue from Contracts with Customers, for the years ended December 31, 2025, 2024 and 2023, respectively. Amounts reported in Commissions and fees accounted for under other guidance primarily include card-related loan fees, card reward programs and certain partner payments, corporate finance fees, insurance premiums and loan servicing fees.
The following table presents Administration and other fiduciary fees revenue:

In millions of dollars202520242023
Custody fees$2,148 $2,026 $1,871 
Fiduciary fees1,728 1,583 1,376 
Guarantee fees538 525 534 
Total administration and other fiduciary fees(1)
$4,414 $4,134 $3,781 

(1)    Administration and other fiduciary fees include $538 million, $525 million and $534 million for the years ended December 31, 2025, 2024 and 2023, respectively, that are not accounted for under ASC 606, Revenue from Contracts with Customers. These generally include guarantee fees.