Citigroup Q4 2025 Earnings Report
Summary
Citigroup reported better-than-expected fourth-quarter results for 2025, driven by higher interest income and lower provisions for loan losses. However, net income declined due to a significant charge related to exiting its Russian operations.
Key Points
- Earnings Beat: Adjusted earnings per share were $1.81, surpassing the $1.67 estimate. Adjusted revenue reached $21.0 billion, above the $20.72 billion forecast.
- Net Income Decline: Net income fell 13% year-over-year to $2.47 billion, primarily due to a $1.1 billion after-tax loss from the planned exit from Russia.
- Strong Core Performance: Excluding the Russia charge, profit was $3.6 billion. Revenue (ex-charge) grew 8%, supported by banking, wealth, and institutional services.
- Interest Income & Provisions: Net interest income jumped 14% to $15.67 billion, exceeding estimates. The loan loss provision was $2.2 billion, about $330 million below expectations.
- CEO Outlook: CEO Jane Fraser cited “record revenues” in 2025 and “visible momentum” entering 2026. The bank remains committed to achieving a return target of at least 10% for 2026.
- Market Reaction & Context: Shares fell over 4% in afternoon trading. The report follows strong results from JPMorgan Chase, with other major banks reporting this week.
花旗集团2025年第四季度财报
简报摘要
花旗集团2025年第四季度业绩超出市场预期，主要得益于利息收入增加和贷款损失拨备减少。然而，因退出俄罗斯业务产生相关费用，净利润出现同比下降。
关键要点
- 业绩超预期：调整后每股收益为1.81美元，高于1.67美元的预期。调整后营收达210亿美元，超过207.2亿美元的预测。
- 净利润下降：净利润同比下降13%至24.7亿美元，主要原因是与计划退出俄罗斯业务相关的11亿美元税后损失。
- 核心业务强劲：剔除俄罗斯相关费用后，利润为36亿美元。营收（剔除费用后）增长8%，得益于银行、财富管理和机构服务业务的增长。
- 利息收入与拨备：净利息收入增长14%至156.7亿美元，超出预期。当季贷款损失拨备为22亿美元，比预期低约3.3亿美元。
- CEO展望：首席执行官简·弗雷泽表示2025年”营收创纪录”，进入2026年”势头明显”。该行仍致力于在2026年实现至少10%的回报目标。
- 市场反应与背景：股价在午后交易中下跌超4%。此次财报发布前，摩根大通公布了强劲业绩，其他主要银行也于本周陆续发布财报。
Original Article Link: https://www.cnbc.com/2026/01/14/citigroup-c-earnings-q4-2025.html