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Mar 31

Citi Q1 2025 Earnings Report

Citi delivered a strong first quarter with growth across all business lines and a notable increase in profitability.

Key Takeaways

Citigroup reported solid Q1 2025 results with net income rising to $4.1 billion and revenues increasing to $21.6 billion. EPS grew year over year, driven by improved performance across its core businesses and disciplined cost management.

Net income rose to $4.1 billion, up from $3.4 billion in Q1 2024.

Revenues reached $21.6 billion, a 3% increase year over year.

EPS increased to $1.96 due to higher income and share buybacks.

Services posted its strongest Q1 revenue in a decade.

Total Revenue
$21.6B
Previous year: $21.1B
+2.4%
EPS
$1.96
Previous year: $1.58
+24.1%
Payout Ratio
74%
Book Value Per Share
$104
Previous year: $99.1
+4.9%
Tangible Book Value Per Share
$91.5
Previous year: $86.7
+5.6%

Citi

Citi

Citi Revenue by Segment

Forward Guidance

Citi remains focused on strategic execution, risk management, and capital return while navigating macroeconomic uncertainties.

Positive Outlook

  • Diversified business mix supports performance across cycles.
  • Momentum in Services and Markets expected to continue.
  • Strong capital position enables shareholder returns.
  • Transformation initiatives yield operational efficiencies.
  • Continued client growth across Wealth and USPB segments.

Challenges Ahead

  • Macroeconomic uncertainty could affect credit outlook.
  • Higher net credit losses in US card portfolios.
  • Wealth segment faces deposit outflows to higher-yield investments.
  • Corporate Lending remains under pressure excluding hedges.
  • All Other segment saw significant revenue and profit decline.