Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Citigroup beats

Portia Crowe,Matt TurnerOct 14, 2016, 17:36 IST

Larry French/AP

Citigroup just reported third-quarter earnings, and beat expectations.

The bank delivered adjusted earnings per share of $1.24 on revenues of $17.8 billion. Analysts expected adjusted earnings per share of $1.16 on revenue of $17.29 billion, according to Bloomberg.

In the same quarter last year, Citi reported earnings per share of $1.31 ($1.28 expected) on revenue of $18.5 billion ($18.6 billion expected).

JPMorgan reported third-quarter earnings earlier on Friday and beat expectations, while Wells Fargo did the same.

NOW WATCH: Ken Rogoff explains why he's been advocating to eliminate the $100 bill

Please enable Javascript to watch this video