Net income was $2.5 billion compared to $2.9 billion in the prior-year period. Adjusted net income was $3.6 billion.
GAAP earnings per share was $1.19 versus $1.34 last year. Adjusted EPS was $1.81.
Earnings beat estimates while revenue fell short.
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On a reported basis, net interest income increased 14% while non-interest revenue decreased 27%.
During the quarter, Citigroup returned approx. $5.6 billion to common shareholders in the form of share repurchases and dividends.
The stock stayed green in premarket hours on Wednesday.