From Financial Modeling Prep: 2025-01-15 11:11:00

Citigroup (NYSE:C) exceeded market expectations in Q4 with a net income of $2.9 billion, or $1.34 per share, surpassing projections by 12 cents. Revenue rose to $19.58 billion, slightly beating estimates. The bank announced a $20 billion share buyback program, boosting investor confidence and sending the stock up over 4%.

Looking ahead to 2025, Citigroup forecasts revenue between $83.5 billion to $84.5 billion, with expenses expected to be slightly below $53.8 billion. Net interest income (excluding markets) is projected to see modest year-over-year growth, reflecting cost control measures and strategic planning.

The strong quarterly performance, strategic outlook, and share repurchase program demonstrate Citigroup’s commitment to enhancing shareholder value and stabilizing its financial position. The bank’s efforts to control costs and drive growth are positioning it for continued success in the future.



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