Group 1 - Citigroup reported a net profit of $4.02 billion for Q2, a 25% increase year-over-year, with earnings per share of $1.96, exceeding expectations of $1.60 [2] - Total revenue for the quarter was $21.67 billion, surpassing the forecast of $20.98 billion [2] - The bank's total market revenue grew by 16% year-over-year, with equity revenue increasing by 6% compared to the previous year and 7% from Q1 [2] Group 2 - CEO Jane Fraser highlighted improvements in business performance and an 8% growth in service revenue, emphasizing its importance as a high-return business [2] - The bank's credit costs rose by 16%, attributed to an increase in net credit loss provisions due to a deteriorating economic outlook [2] Group 3 - Citigroup's stock price rose by 1.76% in pre-market trading, reaching $89.04 [3][4] - The bank expects full-year revenue to reach $84 billion, which is the upper limit of its previous forecast [7] - Citigroup's stock has outperformed the market, with a 24% increase year-to-date and a 38% increase since April 14 [9]
花旗集团二季度业绩好于预期 市场和银行收入猛增
Xin Hua Cai Jing·2025-07-15 13:46