Citigroup Inc. (NYSE: C) Tuesday reported stronger-than-expected income and earnings for the primary quarter of 2025. Each revenues and internet earnings elevated year-over-year.
Within the March quarter, internet revenue was $4.1 billion or $1.96 per share, in comparison with $3.37 billion or $1.58 per share within the corresponding interval final 12 months. Earnings beat estimates.
First-quarter revenues elevated to $21.6 billion from $21.1 billion within the prior 12 months quarter and topped expectations. The highest-line progress was pushed by progress in every of the corporate’s 5 interconnected companies, largely offset by a decline in all different companies.