Citigroup's Third Quarter Profit Soars -- WSJ

By David Benoit

Citigroup's profit jumped 40% in its third quarter, beating expectations on strong revenue growth.

-- Total profit hit $5.25 billion, or $2.85 a share.

-- Revenue rose 8% to $23.85 billion, its best third quarter in a decade.

-- Analysts had expected the bank to post earnings of $2.65 per share on revenue of $23.72 billion.

-- The quarterly growth is extra high because a year ago the bank took a goodwill charge on the plans to shed its Mexican bank Banamex.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

October 13, 2026 08:03 ET (12:03 GMT)