Citigroup CEO Jane Fraser Bets US Will ‘Still Be World’s Leading Economy’ And Dollar ‘The Reserve Currency’ After Trade Uncertainty Settles
Citigroup Inc. (NYSE:C) reported on Tuesday that the first-quarter fiscal 2025 revenue growth was 3% year-over-year and was $21.6 billion, beating the analyst consensus of $21.29 billion. This growth was driven by each of the five interconnected businesses. Excluding divestiture-related impacts in both periods, revenues also went up 3%. The U.S. banking giant reported earnings per share of $1.96, increased from $1.58 a year ago, beating the consensus of $1.84. Also Read: JPMorgan, Wells Fargo, Morgan Stanley, BNY Mellon Will ‘Strike A Cautious Tone': Analysts Net income was $4.1 billion, compared...