Citigroup Inc. (NYSE: C) Tuesday reported stronger-than-expected income and earnings for the primary quarter of 2025. Each revenues and internet revenue 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 yr. Earnings beat estimates.
First-quarter revenues elevated to $21.6 billion from $21.1 billion within the prior yr quarter and topped expectations. The highest-line development was pushed by development in every of the corporate’s 5 interconnected companies, largely offset by a decline in all different companies.