Citigroup Earnings Soar, Shares Rally – But Mexico Unit and Data-Governance Woes Linger
Record Third-Quarter Results Citigroup delivered a blowout third-quarter 2025 report. The bank said net income climbed 16% from a year ago, to $3.8 billion (EPS $1.86) reuters.com. Citi specifically noted “record revenue” across all five business segments reuters.com. Banking division revenue jumped 31.3% to $2.1 billion reuters.com, and markets revenue rose 16.7% (to $5.6 billion) on strong fixed-income trading reuters.com. These gains offset a $726 million charge for the Banamex sale reuters.com. Notably, heavy dealmaking fueled the surge. Reuters reports that global M&A volumes hit ~$1.26 trillion in Q3 (up 40% yoy) reuters.com. In line with that, analysts had expected a strong quarter; one TS2.tech