Citigroup Inc. has announced its financial results for the second quarter of 2025, reporting revenues of $21.7 billion, marking an 8% increase compared to the same period in 2024. Net income for the quarter rose by 25% to $4.0 billion. Earnings per share $(EPS)$ increased by 29% to $1.96 from the second quarter of 2024. The company also highlighted an improvement in its efficiency ratio, which decreased by approximately 340 basis points year-over-year to roughly 63%. Citigroup's return on tangible common equity (RoTCE) for the quarter was 8.7%, up from 7.2% in the second quarter of the previous year. The Common Equity Tier 1 (CET1) Capital Ratio stood at 13.5%, about 140 basis points above the current regulatory requirement. In terms of shareholder returns, Citigroup repurchased $3.75 billion worth of shares and returned a total of approximately $3.1 billion to common shareholders through share repurchases and dividends in the second quarter of 2025. The company's board has approved an increase in the common stock dividend to $0.60 per share, starting in the third quarter of 2025. The firm reiterated its strategic focus on maximizing its global network, scaling wealth, simplifying its organization, and continuing to exit 14 international consumer markets. The strategy and priorities for 2025 and 2026 remain centered around simplification, culture and talent, transformation, and enhancing business performance.