Citigroup Inc. (NYSE: C) reported third-quarter 2021 earnings results today.
Total revenues dropped 1% year-over-year to $17.2 billion, including a pre-tax loss of approximately $680 million related to the sale of the Australian consumer business in Global Consumer Banking.
Net income increased by 48% to $4.6billion, compared to $3.1 billion in the prior-year period.
Earnings per share of $2.15 increased 58% from the prior-year period, reflecting the growth in net income.