Here comes Citi ...

Larry French/AP

Citi to announce results from the second quarter.

Citigroup is set to announce second-quarter earnings results Friday morning.

Analysts expect the bank to report adjusted earnings of $1.56, a 21.7% increase from last year.

Here' s what else analysts will be looking for:

• Revenue: $18.5 billion, up 3.5% from 2017
• Net income: $4 billion, up 12.3% from 2017
• Markets: Trading revenues are expected to be flat compared with 2017 and down from a robust first quarter, with equities outperforming fixed income.
• Credit cards: Analysts are looking for signs of improvement in Citi's branded credit card portfolio, as promotions have weighed on revenue growth.
• Geopolitical impacts: How will President Donald Trump's sabre rattling with foreign nations impact business? He's made good on the promise of trade war and to shake up NAFTA.

Citi is coming off a strong first quarter in which the bank beat expectations with earnings of $1.68 - a more than 24% increase from last year. It was buoyed by performance from its equities division, which saw revenues increase 38% to $1.1 billion.