Summary
Citigroup Beats
Citigroup (C) reported 3rd Quarter September 2025 earnings of $2.24 per share on revenue of $43.8 billion. The consensus earnings estimate was $1.91 per share on revenue of $21.0 billion. The Earnings Whisper number was $1.99 per share. Revenue grew 1.0% on a year-over-year basis.
The company said in its earnings presentation it now expects 2025 revenue to be above $84.0 billion. The company's previous guidance was revenue of approximately $84.0 billion, and the current consensus revenue estimate is $84.7 billion for the year ending December 31, 2025.
Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States.
Results
Reported Earnings
$2.24
Earnings Whisper
$1.99
Consensus Estimate
$1.91
Reported Revenue
$43.84 Bil
Revenue Estimate
$21.01 Bil
Growth
Earnings Growth
Revenue Growth
Earnings Release
THIRD QUARTER 2025 RESULTS AND KEY METRICS
New York, October 14, 2025 – Citigroup Inc. today reported net income for the third quarter 2025 of $3.8 billion, or $1.86 per diluted share, on revenues of $22.1 billion. This compares to net income of $3.2 billion, or $1.51 per diluted share, on revenues of $20.2 billion for the third quarter 2024.
As previously disclosed(1), third quarter results included a notable item consisting of a goodwill impairment of $726 million ($714 million after-tax), recorded in Other expenses, related to Citi’s agreement to sell a 25% equity stake in Grupo Financiero Banamex, S.A. de C.V.(7).
Revenues increased 9% from the prior-year period, on a reported basis, driven by growth in each of Citi’s five interconnected businesses and Legacy Franchises in All Other, partially offset by a decline in Corporate/Other, also in All Other. Excluding divestiture-related impacts in both periods(8), revenues were also up 9%.
Net income was $3.8 billion, compared to $3.2 billion in the prior-year period, driven by the higher revenues and a lower cost of credit, largely offset by higher expenses. Excluding the notable item, net income was $4.5 billion(1).
Earnings per share of $1.86 increased from $1.51 per diluted share in the prior-year period, reflecting the higher net income and lower shares outstanding. Excluding the notable item, earnings per share was $2.24(1).
Percentage comparisons throughout this press release are calculated for the third quarter 2025 versus the third quarter 2024, unless otherwise specified.
For the full earnings release, please go here.
