Key Highlights
- Excluding a one-time charge related to the… sale of its Russian operations, Citi saw 8% revenue growth while earnings per share were up 35%.
- Citi had the best in interest income of all banks, up 14%, also ahead of expectations.
- But as with Bank of America, they benefit from a smaller-than-expected provision for credit losses, which signals confidence in the economy.
- But it’s not an operational number.
- Below the top lines, it’s where it hurts.


