Citi(C)
Search documents
Citigroup Q3 financial results top estimates, boosted by banking unit
Proactiveinvestors NA· 2025-10-14 13:47
About this content About Sean Mason Sean Mason is a Senior Journalist at Proactive, having researched and written about Canadian and US equities for 20 years. Sean graduated from the University of Toronto with a BA in history and economics and has also passed the Canadian Securities Course. He previously worked at Investors Digest of Canada, Stockhouse, and SmallCapPower.com. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and action ...
花旗第三季度营收221亿美元,同比增长9%
Di Yi Cai Jing· 2025-10-14 13:29
Core Insights - Citigroup reported third-quarter revenue of $22.1 billion for 2025, representing a year-over-year increase of 9% [1] - The net profit for the same period was $3.8 billion, compared to $3.2 billion in the previous year [1]
花旗第三季度营收同比增长9%
Xin Lang Cai Jing· 2025-10-14 13:26
10月14日,花旗公布第三季度业绩显示,营收221亿美元,同比增长9%;净利润37.52亿美元,同比增 长16%。 ...
花旗(C.US)战略投入见效,五大业务部门收入齐超预期
智通财经网· 2025-10-14 13:13
Core Viewpoint - Citigroup's five major business lines exceeded Wall Street expectations, aiding the bank in managing rising compensation costs and its plan to sell part of its Banamex retail business in Mexico [1] Group 1: Financial Performance - Citigroup's Q3 revenue surged 9% to $22.1 billion, with earnings per share at $1.86, aligning with analyst estimates and reflecting a 23% increase year-over-year [1] - The bank achieved record revenues in its markets, investment banking, services, wealth management, and U.S. retail divisions for Q3 [1] - Total revenue from trading in stocks and fixed income reached $5.6 billion, a 15% increase compared to the same period last year [1] Group 2: Expenses and Strategic Moves - Operating expenses rose by 9%, primarily due to costs associated with the planned sale of Banamex shares ahead of a public offering [1] - Increased compensation and benefits expenses were noted, as CEO Jane Fraser has been actively recruiting talent from Wall Street to strengthen the trading division [1] - The company is investing resources across the board to enhance competitiveness and rectify systems that previously attracted regulatory penalties [1] Group 3: Market Position and Competitiveness - Since 2025, Citigroup's stock performance has outpaced nearly all major U.S. peers, only slightly behind Goldman Sachs [1] - Fraser emphasized that the cumulative effects of recent transformations, strategic refreshes, and business simplifications have positioned Citigroup in a new competitive phase [1] Group 4: Revenue Growth in Specific Segments - The services and U.S. retail banking segments both saw a 7% revenue increase, marking their strongest quarterly performance in history [3] - Wealth management revenue grew approximately 8%, driven by Citigold, a platform targeting affluent clients who do not meet private banking thresholds [3]
Citigroup lifts NII guide again after posting beats on Q3 earnings, revenue (C:NYSE)
Seeking Alpha· 2025-10-14 13:03
Citigroup (NYSE:C) on Tuesday raised its full-year guidance for net interest income after the bank delivered a double-beat on third-quarter headline results, driven by strength across the board. The lender now sees FY25 NII, ex-markets, advancing ~5.5%, with expectations for continued fee ...
Citi reports a rise in earnings with every business posting record third-quarter revenue
CNBC Television· 2025-10-14 12:59
City just reporting earnings. Leslie Picker joins us right now with more on that. Hi Leslie.Hey Becky. Yeah, City Group beating on the top line with all five divisions posting a record third quarter. Revenue overall up 9% to 22.1% billion.As for the individual units, banking, which houses investment banking and corporate banking, the biggest grower in the quarter with revenue up 34%. Markets comprising sales, trading, and financing was the highest earner generating 5.6% 6 billion in Q3. The other three divi ...
Citi reports a rise in earnings with every business posting record third-quarter revenue
Youtube· 2025-10-14 12:59
Core Insights - Citigroup reported a strong third quarter, with all five divisions achieving record revenues, leading to an overall revenue increase of 9% to $22.1 billion [1][2]. Group 1: Revenue Performance - The banking division, which includes investment and corporate banking, was the largest contributor, with a revenue increase of 34% [2]. - The markets division, encompassing sales, trading, and financing, generated $5.6 billion in Q3, making it the highest earner [2]. - The services, wealth, and US personal banking divisions each experienced growth of 7% to 8% during the quarter [2]. Group 2: Profitability Metrics - Net interest income rose by 12%, surpassing estimates by approximately $0.5 billion, contributing to a positive market reaction with shares up about 1% [3]. - Credit costs amounted to $2.5 billion, primarily due to losses in US cards and a minor firmwide allowance for credit losses [3]. Group 3: Expenses and Charges - A goodwill impairment charge related to the sale of a minority stake in Banamax impacted expenses, which increased by 9%, although this non-cash charge did not affect capital [4]. - Excluding the one-time charge, Citigroup's expenses rose by about 3%, attributed to higher compensation and the effects of a weaker dollar [4]. Group 4: Stock Performance - Citigroup shares have increased over 36% year-to-date, making it the second-best performer among the six largest US banks [5].
Citigroup Beats Revenue Estimates Across Every Division
Yahoo Finance· 2025-10-14 12:57
Citigroup Inc. saw total revenue jump 9% as the firm's markets, banking, services, wealth, and US retail divisions all set records for a third quarter. Scarlet Fu reports on Bloomberg Television. ...
Goldman Sachs and Houlihan Lokey lead in M&A advisory for Q1-Q3 2025
Yahoo Finance· 2025-10-14 12:52
Core Insights - Goldman Sachs has emerged as the leading financial adviser in mergers and acquisitions (M&A) based on deal value, advising on transactions totaling $432.3 billion during Q1-Q3 2025 [1] - Houlihan Lokey has led in deal volume, advising on 240 deals, significantly outpacing its competitors [2] - JP Morgan closely followed Goldman Sachs in deal value, advising on $426.8 billion worth of transactions and 79 billion-dollar deals [3][4] Deal Value - Goldman Sachs advised on 84 billion-dollar deals worth approximately $419 billion, while JP Morgan advised on 79 billion-dollar deals valued at around $411 billion [3] - Other notable advisers include Morgan Stanley, Citi, and Bank of America, with deal values of $389 billion, $273.7 billion, and $256.5 billion, respectively [4] Deal Volume - In terms of deal volume, JP Morgan ranked second with 161 deals, followed closely by Goldman Sachs with 159 deals [4] - Rothschild & Co and Ernst & Young also contributed significantly, advising on 121 and 118 deals, respectively [4] Data Source and Methodology - GlobalData's league tables are based on real-time tracking of various reliable sources, including company and advisory firm websites, with a dedicated team of analysts monitoring these sources for in-depth deal details [5]
Citigroup Reports Third Quarter 2025 Results
Businesswire· 2025-10-14 12:47
Core Insights - Citigroup reported its third quarter 2025 results, which are accessible on its official website [1] - A conference call is scheduled for today at 11 a.m. (ET) to discuss these results, with a live webcast available [2] - Citigroup operates in over 180 countries, providing a wide range of financial products and services to various clients including corporations and individuals [3]