The Citibank building in Canada Square at the heart of Canary Wharf financial district in London on May 7, 2024.
Citigroup reported third-quarter results Tuesday that topped Wall Street expectations, with growth in investment banking and wealth management. However, the bank set aside more money to offset potential loan losses.
Shares of the bank, which had traded higher before the market's open, were recently down 4%.
Here's what the company reported compared with what Wall Street analysts surveyed by LSEG were expecting:
$1.51 vs. $1.31 expected Revenue: $20.32 billion vs. $19.84 billion expected
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