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 ...

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 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. ...

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]

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]

Core Insights - Citigroup's profit increased by 16% in the third quarter, driven by a significant rise in dealmaking and trading revenue [1] Financial Performance - The profit jump indicates strong performance in the investment banking sector, highlighting the effectiveness of Citigroup's strategies in capitalizing on market opportunities [1] - The surge in trading revenue suggests heightened market activity and investor engagement during the quarter [1] Market Trends - The increase in dealmaking reflects a broader trend in the financial industry, where firms are actively pursuing mergers and acquisitions amid favorable market conditions [1] - Citigroup's results may signal a positive outlook for the investment banking sector, as firms adapt to changing market dynamics and seek growth opportunities [1]

Core Viewpoint - Citigroup reported that revenue across its five major business segments exceeded Wall Street expectations, leading to a 9% year-over-year increase in total revenue [1] Group 1: Revenue Performance - All major business segments, including market services, investment banking, services, wealth management, and U.S. retail, achieved record results in the third quarter [1] - Equity and fixed income traders both surpassed analyst expectations, generating a combined revenue of $5.6 billion, which represents a 15% year-over-year increase [1] Group 2: Expense and Cost Analysis - Company expenses grew by 9%, primarily due to costs associated with a recently announced agreement related to the partial sale of shares before the listing of Banamex [1] - Compensation and benefits expenses also saw an increase [1] Group 3: Trading Revenue Breakdown - Fixed income trading revenue reached $4 billion, up from $3.6 billion in the same period last year [1] - Equity trading revenue amounted to $1.5 billion [1] - The market segment's prime brokerage business experienced a significant year-over-year growth of 44%, reaching a historical high [1]

格隆汇10月14日｜花旗集团：第三季度修正后利润为220.9 亿美元；固定收益、外汇及大宗商品销售与 交易收入为40.2 亿美元，预计为 37.4 亿美元；有形普通股权益回报率为8%；一级普通股资本充足率为 13.2%；调整后每股收益为2.24美元，而路孚特IBES预估为1.90美元；净利息收入为149.4亿美元，而路 孚特IBES预估为145.8亿美元。仍预计本财年调整后收益将超过840亿美元，预计年度支出将超过534亿 美元。 ...

花旗集团第三季度有形普通股权益回报率为8%；花旗集团第三季度一级普通股资本充足率为13.2%；花 旗集团第三季度调整后每股收益为2.24美元，而路孚特IBES预估为1.90美元。花旗集团第三季度净利息 收入为149.4亿美元，而路孚特IBES预估为145.8亿美元。 来源：视频滚动新闻 ...

LIVE Bank of America Profit Soars 23%, Continuing Sector's Strong Start to Earnings Season Last Updated: 1 day ago Citigroup Earnings Beat Wall Street Forecasts. The Stock Slips. By Tools Customer Service Customer Center Andrew Welsch Citigroup CEO Jane Fraser. (Win McNamee/Getty Images) Citigroup reported third-quarter earnings per share of $1.86 on revenue of $22.1 billion, beating Wall Street estimates of earnings of $1.73 on revenue of $21 billion. For the third quarter 2024, the bank reported earnings ...