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What Drove Citigroup’s Third-Quarter Earnings?

Andrew Brunton
What Drove Citigroup’s Third-Quarter Earnings?

Citigroup (C) reported better-than-expected bottom-line results for the third quarter of 2018 on October 12. The bank posted earnings of $1.73, which came in above the Wall Street estimate of $1.69. Earnings rose 21.8% on a YoY basis and 6.1% on a sequential basis.