Citigroup earnings Q3 2025

citigroup It reported stronger-than-expected third-quarter profit before the bell on Tuesday, with each division posting record revenue.

Here’s what the bank reported compared to Wall Street’s expectations, based on a survey of analysts by LSEG:

• Adjusted earnings per share: Expected $2.24 while it was $1.90
• Revenues: $22.09 billion versus $21.09 billion expected

The bank’s shares rose nearly 1% on Tuesday following the results despite a broad sell-off in the market.

Citi’s net income increased by 15% compared to the previous year to $3.8 billion, while revenues increased by 9% as all businesses reached record figures. The services sector had its best quarter ever, with revenues up 7%. Banking revenues increased 34%, while the market segment had its best third quarter with revenues increasing 15%.

“Investments in new products, digital assets and artificial intelligence are driving innovation and enhanced capabilities across the franchise,” Citigroup CEO Jane Fraser said in a statement. “Continued execution of our strategy delivers stronger business performance and increases our returns quarter after quarter.”

Citigroup is selling a 25% stake in its Mexican business Banamex ahead of its IPO. Sales-related costs increased expenses by 9% last quarter.

Including the Banamex goodwill impairment charge, profits rose 23% year over year to $1.86.

Bank stocks have risen more than 37% this year, significantly outperforming the S&P 500.