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Citigroup Shares Fall Despite Q3 Beats
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For the big bank's Q3 of fiscal 2020, total revenue came in at $17.3 billion, which was 7% below the same quarter in 2019. Net profit fell at a far steeper rate, declining 35% to $3.2 billion ($1.40 per share). This performance was on the back of 16% growth in total deposits, and a 4% decline in loans.
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https://www.fool.com/investing/2020/10/1...-q3-beats/
![[Bild: Cc1dl1550.png]](https://finviz.com/publish/101620/Cc1dl1550.png)
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For the big bank's Q3 of fiscal 2020, total revenue came in at $17.3 billion, which was 7% below the same quarter in 2019. Net profit fell at a far steeper rate, declining 35% to $3.2 billion ($1.40 per share). This performance was on the back of 16% growth in total deposits, and a 4% decline in loans.
...
https://www.fool.com/investing/2020/10/1...-q3-beats/
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