Citibank Korea posts strongest earnings in six years. The bank reported 132.8 billion won in first-quarter net income, a 61 percent surge year-over-year, driven by robust noninterest revenue growth of 77 percent from core businesses including fixed-income trading. Total revenue climbed 23 percent to 330.5 billion won while expenses remained disciplined at just 1 percent growth. Return on equity improved significantly to 9.73 percent. The bank's CEO credited the strong performance to expanding non-interest revenue across banking, markets and services despite geopolitical challenges and volatile interest and foreign exchange rates. This quarter marks Citibank Korea's best performance since 2018 and aligns with Citi's global momentum.
