Citigroup exceeded Wall Street profit expectations for 2025, driven by a significant surge in dealmaking and corporate client services. Investment banking fees saw substantial growth, while M&A advisory revenue reached record highs, reflecting a resurgence in global capital markets activity. The bank’s performance marks a pivotal stage in its strategic turnaround. While profitability was impacted by a loss related to the sale of its Russian unit, strong revenue from core sectors offset these costs and signaled a stabilizing bottom line. Leadership continues to prioritize the overhaul of internal risk controls and operational efficiency. Moving forward, the bank is exploring further automation of routine processes, which may lead to targeted workforce reductions as part of its ongoing modernization and cost-reduction efforts.