Citi sees FY25 revenue $83.1B-$84.1B, consensus $83.58B

Sees non-interest income ex-markets up 2%-3% year-over-year. Sees expenses slightly below $53.4B. Sees Cards NCL rates around the top of the 2024 ranges for both businesses, with higher losses in 1H, consistent with seasonal patterns, subject to changing conditions. Says ACL build will be a function of macroeconomic environment and business volumes. Says repurchased $1.75B of common shares in 1Q25; targeting a similar level of share repurchases in 2Q25. Says remains committed to continuing to improve returns over time. Comments taken from Q1 earnings conference call slides.