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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