Citigroup Reports Strong Q2 Earnings and Revenue Growth Driven by Trading and Investment Banking
Citigroup reported second-quarter earnings of $3.15 per share, surpassing the analyst estimate of $2.73, with revenue reaching a decade high at $24.77 billion against an expected $23.66 billion. The results were driven by increased trading activity due to market volatility and a rebound in investment banking.
Tickers: $C
Topics: Banking Corporate Finance Investment Banking Trading Revenue