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Market Updates

Citigroup Inc. gained 3.7% to $90.72 after the New York-based bank reported results for the second quarter of 2025.

Revenue decreased 7% to $20 billion from $21.7 billion, net income declined 20% to $3.2 billion from $4 billion, and diluted earnings per share fell to $1.50 from $1.96 a year ago.

The company’s operating expenses were down 2% to $13.2 billion compared to the prior year.

The company guided full-year revenue to be near the upper end of its previous guidance of $84 billion, and the company raised its dividend to 60 cents per share from 56 cents after the completion of the stress test on July 2.


15 Jul, 2025

     

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