Story updated to include analyst comment.NEW YORK ( TheStreet) -- Citigroup ( C) CEO Vikram Pandit reiterated the bank is likely to return capital to shareholders through a dividend in 2012. "We expect to return the North American business to profitability next year," Pandit said at the Citi 2011 Financial Services Conference Wednesday. "We are going through the regulatory process and we hope to have more clarity on that by the end of the year. No one is more impatient than I am in returning capital to you. We need more clarity to be prudent."