Citigroup is set to report earnings before the bell

Citigroup is set to report earnings before the bell


Chief executive officer of Citigroup Jane Fraser visits FOX Business Network’s “Mornings With Maria” at Fox Business Network Studios on May 29, 2025 in New York City.

John Lamparski | Getty Images

Citigroup is scheduled to report fourth-quarter earnings before the opening bell Wednesday.

Here’s what Wall Street expects:

  • Earnings: $1.67 a share, according to LSEG
  • Revenue: $20.72 billion, according to LSEG
  • Net Interest Income: $14.85 billion, according to StreetAccount
  • Trading Revenue: Fixed income of $3.31 billion, equities of $1.19 billion, according to StreetAccount

Under CEO Jane Fraser, Citigroup is in the midst of a restructuring, selling off parts of its overseas operations, while also benefitting from U.S. banking deregulation.

Those are the reasons Wells Fargo banking analyst Mike Mayo calls Citigroup his top pick among bank stocks.

Analysts will be keen to hear whether Fraser sees momentum from last year carrying over into 2026.

On Tuesday, JPMorgan Chase posted results that exceeded expectations on better-than-expected trading revenue. Bank of America and Wells Fargo are also releasing Q4 results Wednesday, while Goldman Sachs and Morgan Stanley are scheduled for Thursday.

This story is developing. Please check back for updates.



Source

Volkswagen deal with EV maker Xpeng shows how China tech threatens Western automakers
Business

Volkswagen deal with EV maker Xpeng shows how China tech threatens Western automakers

In 1984, Volkswagen partnered with a Chinese automaker because it was required by Chinese law. Now the German company is partnering with Chinese automakers because it wants to use their technology. Volkswagen Group today maintains the original joint ventures it made with Chinese automakers in those early days of its foray into what has become […]

Read More
Tom Brady, famed health nut, explains his junk food endorsements in retirement: ‘Moderation in all things’
Business

Tom Brady, famed health nut, explains his junk food endorsements in retirement: ‘Moderation in all things’

From Pizza Hut to Dunkin’, Tom Brady is seemingly everywhere these days promoting food brands he once wouldn’t have touched during his NFL playing days. The seven-time Super Bowl winning quarterback famously followed a strict health-focused diet and once referred to soda and sugary cereals as “poison for kids.” But Brady says he’s softened his […]

Read More
Mercedes U.S. CEO sets ambitious sales goal despite ‘tougher’ market than anticipated
Business

Mercedes U.S. CEO sets ambitious sales goal despite ‘tougher’ market than anticipated

Mercedes-Benz USA CEO Adam Chamberlain said Tuesday that 2026 is shaping up to be more challenging than expected.   “If you look at the market in the first couple of months of the year, the market environment is definitely a little tougher than we anticipated,” Chamberlain told CNBC at the company’s manufacturing plant in Vance, […]

Read More