Citigroup CEO Jane Fraser's multiyear effort to rebuild the once-sprawling bank into a leaner, technology-driven institution is beginning to deliver results. The bank reported its third-quarter 2025 earnings results Tuesday (Oct. 14), sharing that each of Citi's five core businesses (Services, Markets, Banking, Wealth and U.S. Personal Banking) posted record quarterly revenues.
Citigroup posted stronger-than-expected third-quarter results on Tuesday, with all its business divisions generating record revenue. The results highlight the US banking giant's growing strength across lending, trading, and investment banking as corporate dealmaking accelerates and consumer activity remains robust.
Citigroup Inc (NYSE:C) on Tuesday reported better than expected financial results for its third quarter 2025, as bigger mergers and capital-raising deals boosted performance across its markets, banking, services, wealth, and US retail divisions. The bank saw its revenue for the quarter reach $22.09 billion, edging past the $21.09 billion expected by a LSEG survey of analysts, with every division generating record revenue.
Citi's net income rose 15% to $3.8 billion from a year earlier, while revenues were up 9% as every business posted record numbers.
U.S. Stock Futures Jump to Start a New Week.
Pre-market futures are up at this hour, but on a downward trajectory. Market participants purged a bit yesterday of new all-time-high closes Wednesday on the S&P 500 and the Nasdaq, but remain near those strong levels.
C is set to post Q3 results, with expected gains in revenues, earnings and investment banking momentum.
Citigroup (NYSE:C) is scheduled to announce its earnings on Tuesday, October 14, 2025. According to consensus estimates, revenues are projected to be approximately $21 billion, which is a 4% increase compared to the previous year, while earnings are anticipated to be around $1.83 per share, reflecting a 20% rise year-over-year.
Next week, beginning October 13th, at least 30 financial services companies are scheduled to report their Q3 '25 earnings, and the reports appear to cover the market cap spectrum. When JPMorgan reports Tuesday morning, October 14th, before the opening bell, analysts are expecting EPS of $.83 and net revenue of $45.35 billion for expected y-o-y growth of 11% and 5%, respectively. For Q3 '25, analysts are looking for $1.90 in EPS on $21 billion in net revenue for expected y-o-y growth of 26% and 4%, with Citi's EPS growth expected to far outpace JPM's 11%.
Note: The following is an excerpt from this week's Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>
Note: The following is an excerpt from this week's Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>
Citigroup Inc is preparing to report Q3 earnings, with consensus expecting slightly weaker results, largely reflected in the bank's recent stock behaviour. Interest-based results could surprise to the upside as net income spreads have remained systematically robust and real default risks failed to surface in Q3. FICC and wealth management look set for another strong quarter, if market-based events and recent quarters are to go by.