From CNBC: 2024-10-15 08:23:59

Citigroup reported third-quarter results that beat Wall Street expectations, with growth in investment banking and wealth management. Shares were up 2% in premarket trading. Revenue rose 18% year over year, with net income falling to $3.2 billion. CEO Jane Fraser has focused on slimming down the bank since taking over in 2021. Investors are looking for updates on her turnaround plan. Citigroup shares are up more than 28% year to date.

Read more: Citigroup C earnings Q3 2024