secwatch.observer — SEC 8-K summary
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Issuer:     CITIGROUP INC (C)
CIK:        0000831001
Form:       8-K
Filed at:   2025-04-15T23:59:59+00:00
Accession:  0001104659-25-034974
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Citigroup Q1 2025 net income $4.1B ($1.96 EPS) on revenue $21.6B, up 21% and 3% YoY
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- Revenue $21.6B (+3% YoY), net income $4.1B (+21% YoY), EPS $1.96 vs $1.58 prior-year.
- Services best Q1 revenue in decade; Markets +12%, Banking +12%, Wealth +24% all YoY.
- OpEx down 5% to $13.4B; cost of credit $2.7B (+15%) on higher card losses and reserve build.
- Returned ~$2.8B including $1.75B buybacks; CET1 13.4%, RoTCE 9.1% (up 150bps YoY).
- Book value $103.90 (+5%), tangible book $91.52 (+6% YoY).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/831001/000110465925034974/0001104659-25-034974-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/831001/000110465925034974/c-20240712x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-034974

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer