Citigroup Inc released its financial results for the third quarter (Q3) of 2025, highlighting strong performance across its Markets division and continued growth in its prime services business.

Markets’ revenues reached $5.6 billion, up 15% year-over-year, driven by gains in both Fixed Income and Equity markets. Fixed Income markets revenues totaled $4.0 billion, a 12% increase, supported by growth in rates and currencies as well as spread products and other fixed income. Rates and currencies revenues rose 15%, fueled by elevated client activity, while spread products and other fixed income revenues increased 8%, reflecting higher mortgage trading, increased financing activity, and lower commodities activity.

Citigroup Q3 2025 Net Income Jumps 19% on Strong Performance

Equity markets revenues rose 24% to $1.5 billion, fueled by stronger client activity in derivatives, higher volumes in cash equities, and momentum in prime services, which saw record prime balances increase approximately 44%.

Markets’ operating expenses were $3.5 billion, up 5%, primarily due to higher compensation and benefits and the impact of foreign exchange translation. These increases were partially offset by lower transactional and product servicing expenses, as efficiency measures offset higher transaction volumes. As a result, Markets’ net income reached $1.6 billion, a 46% increase from the prior year, supported by higher revenues and a lower cost of credit, partially offset by rising expenses.

Across all segments, Citigroup reported total revenues of $22.1 billion, up 9% year-over-year, driven by growth in each of the bank’s five interconnected businesses and Legacy Franchises, partially offset by a decline in Corporate/Other. Net interest income increased 12%, supported by contributions from Markets, U.S. Personal Banking, Services, Wealth, Legacy Franchises, and Banking. Non-interest revenue grew 4%, led by Banking, Wealth, and Legacy Franchises, offset by declines in other segments.

Citigroup’s net income for the quarter was $3.8 billion, up from $3.2 billion in the same period last year. Earnings per share rose to $1.86, compared to $1.51 per diluted share, reflecting higher net income and lower shares outstanding.

These results underscore Citigroup’s strong market position and the continued momentum across its diversified businesses amid a dynamic trading environment.

Also, stay updated with the Latest Broker News.