Sohini Mondal
2 min read
With a market cap of $154.3 billion, Citigroup Inc. (C) is a global financial services holding company that manages about 200 million customer accounts across more than 160 countries. It operates through five segments: Services; Markets; Banking; U.S. Personal Banking; and Wealth, offering a broad range of financial products to individuals, businesses, and governments. The New York-based company is expected to unveil its fiscal Q2 2025 earnings results before the market opens on Tuesday, Jul. 15.
Before the event, analysts anticipate the U.S. bank to report a profit of $1.68 per share, up 10.5% from $1.52 per share in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in the past four quarters. In the last reported quarter, Citigroup exceeded the consensus EPS estimate by 6.5%.
For fiscal 2025, analysts expect Citigroup to report EPS of $7.36, up 23.7% from $5.95 in fiscal 2024. Looking ahead, EPS is projected to grow 26.8% year-over-year to $9.33 in fiscal 2026.
Shares of Citigroup have increased 37.8% over the past 52 weeks, outperforming both the S&P 500 Index's ($SPX) 12.1% rise and the Financial Select Sector SPDR Fund's (XLF) 26.3% return over the same period.
Shares of Citigroup rose 1.8% on Apr. 15 after the bank reported better-than-expected Q1 2025 results. Total revenue increased 3% year-over-year to $21.6 billion, and EPS came in at $1.96, beating Wall Street’s estimates. Net income rose to $4.1 billion, driven by lower expenses and higher revenues. Strong performance across all five business segments, particularly 12% growth in both Markets and Banking revenues and a 24% jump in Wealth revenues, boosted investor confidence.
Analysts' consensus view on Citigroup’s stock is cautiously optimistic, with a "Moderate Buy" rating overall. Among 22 analysts covering the stock, 11 recommend "Strong Buy," four "Moderate Buys," and seven suggest "Hold." This configuration is slightly less bullish than three months ago, with 12 analysts suggesting a "Strong Buy."
As of writing, C is trading below the average analyst price target of $85.91.
On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com
