Core Viewpoint - Citigroup has reported strong second-quarter 2025 results, leading to positive ratings and increased price forecasts from several Wall Street analysts [1][2]. Financial Performance - Citigroup's second-quarter fiscal 2025 EPS was $1.96, surpassing both analyst estimates and consensus [7]. - The bank's net interest income (NII) reached $15.2 billion, exceeding expectations by approximately $1.2 billion [7]. - NII increased by 8.3% quarter-over-quarter, while expenses grew only 1.3% [4]. Analyst Ratings and Price Forecasts - Piper Sandler's Scott Siefers raised his price forecast from $84 to $104 and maintained an Overweight rating [3]. - UBS's Erika Najarian reiterated a Neutral rating with a price forecast of $89 [3]. - Keefe, Bruyette & Woods' Christopher McGratty set a price forecast of $105 with a Buy rating [3]. Capital Returns and Guidance - Citigroup returned about $2 billion in buybacks during the quarter and is expected to increase buybacks to $3-4 billion per quarter in the second half of 2025 [10]. - The company raised its 2025 revenue guidance to approximately $84 billion [16]. Market and Investment Banking Performance - Markets revenue increased by 16% year-over-year, marking the second-best quarter since 2020 [15]. - Investment banking grew by 13% year-over-year, driven by strong advisory and ECM performance [15]. Future Outlook - Analysts express confidence in Citigroup achieving its return on tangible common equity (ROTCE) target of 10%-11% by 2026 [6][14]. - The bank is viewed as the best value among major banks, trading at 96% of tangible book value [6]. - Potential deregulation could provide significant capital relief and enhance Citigroup's attractiveness [17][18]. Stock Performance - Despite the positive sentiment from analysts, Citigroup's stock was trading lower by 1.71% to $88.48 following the earnings report [19].