Citigroup reports 25% drop in 3rd-quarter income but tops earnings anticipations

Citigroup reports 25% drop in 3rd-quarter income but tops earnings anticipations


Critical Points
  • The lender noted $18.51 billion in profits vs . the $18.25 billion envisioned by analysts, in accordance to Refinitiv. This was up 6% calendar year more than calendar year.
  • Net money fell 25% year more than yr.
  • Citigroup shares have slumped 29% this year, leaving it by considerably the lowest-valued among its U.S. friends.



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