Citigroup Inc. Announces Robust Q1 2025 Financial Performance

New York, April 15, 2025 - Citigroup Inc. revealed a promising start to the fiscal year 2025, reporting a 3% increase in revenue, reaching $21.6 billion in the first quarter compared to the same period in 2024. This growth underscores the bank's resilient operational strategy and its ability to navigate through dynamic market conditions.

Financial Highlights

The financial giant also showcased a significant leap in net income, which surged by 21% year-over-year to $4.1 billion. Diluted earnings per share (EPS) followed suit, marking a 24% increase to $1.96, reflecting the bank's strong profitability and shareholder value creation.

Leadership Insights

"Our first-quarter results are a testament to the strength and diversity of our global franchise. Services achieved its highest first-quarter revenue in ten years, demonstrating our unwavering commitment to excellence and innovation," stated Jane Fraser, CEO of Citigroup. She further emphasized, "Despite global economic shifts, the U.S. economy's leadership and the dollar's reserve currency status remain unchallenged, positioning Citigroup for sustained growth."

Market Reaction

Following the earnings announcement, Citigroup's stock experienced a modest uptick of 0.28% in premarket trading, signaling investor confidence in the bank's financial health and future prospects.