Companies /Financial Services

Citigroup Inc

NYSE: C Banks - Diversified
$136.61
▲ $0.43 (+0.31%) today
Markets open · 10:59am ET

Q3 2025 Earnings

Reported Oct 14, 2025, 10:08am ET · SEC source
$1.86
Beat +8.00%
EPS · est. $1.72
$22.1B
Beat +4.28%
Revenue · est. $21.2B
−0.7%
Trailing market
C vs S&P since report
1 quarter
Consecutive EPS beats

Market Reaction

% change · around the report
0+2%+4%Oct 14Oct 15report 10:08am ETearnings+1.2%+3.4%
0+2%+4%Oct 14Oct 15earnings+1.2%+3.4%
C +3.4%S&P 500 +1.2%
0+2%+4%Oct 14Oct 15report 10:08am ETearnings+1.4%+3.4%
0+2%+4%Oct 14Oct 15earnings+1.4%+3.4%
C +3.4%NASDAQ +1.4%
−2%0+2%+4%Oct 13Oct 22report 10:08am ETearnings+1.4%−1.1%
−2%0+2%+4%Oct 13Oct 22earnings+1.4%−1.1%
C −1.1%S&P 500 +1.4%
−2%0+2%+4%Oct 13Oct 22report 10:08am ETearnings+1.7%−1.1%
−2%0+2%+4%Oct 13Oct 22earnings+1.7%−1.1%
C −1.1%NASDAQ +1.7%
+3.89%
Day of report
−0.06%
Next session
−1.59%
One week
+0.83%
30 days

S&P 500 over the same 30 days: +1.48%.

Did C Beat Earnings? Q3 2025 Results

Citigroup posted a stronger-than-expected third quarter for fiscal 2025, with earnings per share of $1.86 beating the $1.72 consensus estimate by 8.00% and revenue of $22.09 billion clearing Wall Street's $21.18 billion forecast by 4.28%. The headline results carried an important asterisk, however: a $726 million goodwill impairment charge tied to Citi's agreement to sell a 25% equity stake in Grupo Financiero Banamex weighed on reported figures, with adjusted EPS of $2.24 and net income of $4.47 billion telling a cleaner story of 48% and 38% growth, respectively, versus the prior-year period. Revenue on a reported basis declined 49.0% year-over-year, reflecting the impairment and portfolio reshaping, though underlying momentum was broad-based; Markets delivered its best-ever third quarter, with equity revenues surging 15% on record prime balances, while Banking revenues climbed 34% on investment banking strength. Citi also returned approximately $6.10 billion to shareholders through buybacks and dividends, underscoring management's confidence in its ongoing transformation.

Key Takeaways
  • Revenue growth across all five interconnected businesses and Legacy Franchises
  • Markets delivered best third quarter ever with revenues up 15%
  • Services posted best quarter ever with revenues up 7%
  • Record Net New Investment Assets of $18.6 billion in Wealth
  • Net interest income increased 12% driven by Markets, USPB, Services, Wealth and Banking
  • Record prime balances up approximately 44% in Equity markets
  • Lower cost of credit down 15% year-over-year
  • Improved credit performance in Retail Services with net credit losses down 5%

“The relentless execution of our strategy is delivering stronger business performance quarter after quarter and improving our returns. The cumulative effect of what we have done over the past years – our transformation, our refreshed strategy, our simplification – have put Citi in a materially different place in terms of our ability to compete. Investments in new products, digital assets and AI are driving innovation and improved capabilities across the franchise.”

Citigroup CEO, on the earnings call

C YoY Financials

Q3 2025 vs Q3 2024 · SEC filings Q3 2024 Q3 2025
$0$20.0B$40.0B$43.4B$22.1BRevenue$4.4B$5.4BOperating Income$3.2B$3.8BNet Income
$0$20.0B$40.0BRevenueOperating IncomeNet Income

C Revenue by Segment

Fixed Income Markets$4.0B+12.0%
Treasury and Trade Solutions$3.9B+7.0%
Branded Cards$3.0B+8.0%
Equity Markets$1.5B+24.0%
Citigold$1.3B+14.0%
Securities Services$1.5B+7.0%
Retail Services$1.7B−1.0%
Investment Banking$1.1B+23.0%

Figures from SEC filings and company reports. Not investment advice.