US EditionCitigroup Earnings Live: Stock Surging After Earnings Beat on EPS and Revenue
NEW YORK, UNITED STATES, JUL 15 – Citigroup's Fixed Income and Equity markets revenues rose significantly, boosting overall earnings and prompting a dividend increase to 60 cents per share, CEO Jane Fraser said.
- Citigroup reported its second-quarter 2025 financial results on Tuesday, posting net income of $4.02 billion and revenues of $21.67 billion.
- The results reflected a turbulent market period starting in early April, which boosted total markets revenue by 16% compared to last year.
- Fixed income markets revenues rose 20% to $4.3 billion, driven by client activity in rates, currencies, and spread products, while equity revenue increased 6%.
- CEO Jane Fraser highlighted efforts to enhance each business unit's results to increase market share and boost profitability, alongside an 8% rise in revenue and a 16% increase in credit-related expenses.
- Following a strong earnings report, Citigroup’s stock climbed over 3%, building on a 24% increase year to date, and the bank announced it would increase its dividend payout to 60 cents starting July 2.
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Investors Buy High Volume of Citigroup Call Options (NYSE:C)
Citigroup Inc. (NYSE:C - Get Free Report) saw some unusual options trading on Tuesday. Stock traders acquired 200,171 call options on the stock. This represents an increase of 98% compared to the typical daily volume of 101,046 call options.
Citigroup Earnings Live: Stock Surging After Earnings Beat on EPS and Revenue
Live Updates Live Coverage Updates appear automatically as they are published. Conference call starts at 11 AM Eastern 9:50 am CitiGroup is up 1.40% to start the trading day. We will follow up with details of the earnings call which kicks off in about 1 hour from now. Citi up 1.84% heading into the market open 9:20 am CitiGroup (NYSE: C) share are up 2.10% pre-market after earnings beat expectations, with adjusted EPS up 29% year over yea…
·New York, United States
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Total News Sources14
Leaning Left1Leaning Right1Center6Last UpdatedBias Distribution75% Center
Bias Distribution
- 75% of the sources are Center
75% Center
13%
C 75%
13%
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