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Citigroup beats

Portia Crowe,Matt Turner   

Citigroup beats
Finance1 min read

Michael Corbat

Larry French/AP

Citigroup CEO Michael Corbat.

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.

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