Citi reports Q1 EPS $2.19, consensus $1.67

Reports Q1 revenue $24.4B, consensus $20.03B. Reports Q1 ROE 9.5%. Reports Q1 RoTCE 10.9%. Reports Q1 CET1 capital ratio 13.4%. Reports Q1 tangible book value per share $84.21. Citi CEO Jane Fraser said, "Citi delivered strong operating performance, showing good revenue growth and expense discipline despite the tumultuous environment for banks. Our robust and well-managed balance sheet was a source of strength for our clients and we continue making progress in executing our strategy focused on our five core interconnected businesses while simplifying and transforming the firm.