:max_bytes(150000):strip_icc()/GettyImages-1927794844-496a4d1638b24bf09e9737d18973d4ff.jpg?w=1920&resize=1920,1267&ssl=1 "Citigroup Q1 Results Top Estimates; CEO Fraser Says She’s Bullish on US Dollar")
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Citigroup (C) shares rose in early trade on Tuesday, when the bank reported the results of the first quarter, as the volatile markets promoted equity trading.
The firm income $ 21.60 billion has an income of $ 1.96 (EPS), while analysts surveyed by visible alpha expected $ 1.84 and $ 21.19 billion respectively. Market revenue increased by 12% year-by-year to $ 6.0 billion, operating in equity trading revenue $ 1.5 billion.
Citigroup shares advanced 2.4% immediately after the inaugurated bail on Tuesday. He entered 10% below Tuesday in 2025.
Since the bank’s earnings began last Friday, Morgan Stanley (MS), JP Morgan Chase (JPM), Wales Fargo (WFC), and Goldman Sachs (GS) posted all the results, who defeat the estimates of analysts, but the authorities have killed in vigilant years due to uncertainty due to tariffs.
Citragroup CEO Jane Fraser said she was rapid about the possibilities for the US dollar, which is on the track for the worst stretch of two months since 2002.
“When all are said and done, and long -term trade imbalances and other structural changes are behind us, the US will still be the world’s leading economy, and the dollar will remain reserved currency,” Fraser said.
Update -April 15, 2025: This article has been updated to include fresh share prices.
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