Citigroup (C), one of the prominent U.S. banks, is scheduled to announce its results for the second quarter of 2025 on Tuesday, July 15. Citi stock has rallied 23.2% year-to-date, driven by the bank’s solid Q1 results and initiatives to streamline operations and offload non-core businesses. Investors will pay attention to management’s commentary on the impact of macro uncertainties on the bank’s outlook. Wall Street expects Citi’s Q2 earnings per share (EPS) to rise 5.9% year-over-year to $1.61.
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Meanwhile, revenue is expected to grow by 4% to $20.96 billion.
As reflected in this chart from Main Street Data, Citi delivered solid Investment Banking and Fixed Income and Equity Markets revenues in the first quarter. Investors will expect continued momentum in key businesses.
Analysts Weigh in on Citi’s Q2 Earnings Expectations
Heading into the Q2 results, Truist analyst John McDonald increased his price target for Citi stock to $93 from $84 and maintained a Buy rating. The 4-star analyst stated that the recessionary fears that drove the steep sell-off ahead of Q1 results have mostly played out. McDonald expects Citi’s Markets revenues to grow mid-to-high single digits in Q2 2025 and Investment Banking fees to rise by mid-single digits.
Recently, Keefe Bruyette analyst Christopher McGratty increased the price target for Citi stock to $105 from $92 and reaffirmed a Buy rating. The 5-star analyst stated that he is bullish on the long-term structural benefits of scale for the large-cap U.S. banks. McGratty prefers business models that can produce leading returns with high degrees of predictability.
Here’s What Options Traders Anticipate Ahead of Citi’s Q2 Earnings
Using TipRanks’ Options tool, we can see what options traders are expecting from the stock immediately after its earnings report. The expected earnings move is determined by calculating the at-the-money straddle of the options closest to expiration after the earnings announcement. If this sounds complicated, don’t worry, the Options tool does this for you.
Indeed, it currently says that options traders are expecting about a 4.23% move in either direction in Citi stock in reaction to Q2 results.
Is Citigroup a Good Stock to Buy?
Turning to Wall Street, Citigroup stock scores a Moderate Buy consensus rating based on 11 Buys and four Hold recommendations. The average Citigroup stock price target of $95.32 indicates 10% upside potential from current levels.
