Citigroup’s Adjusted Earnings Top Expectations. But the Stock Is Falling.

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Updated Jan. 14, 2022 9:56 americium ET / Original Jan. 14, 2022 5:59 americium ET

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Citigroup banal was falling Friday aft the slope posted a mixed container of fourth-quarter earnings.

Citigroup (ticker: C) reported nett income of $3.2 billion, a whopping 26% driblet from year-ago numbers. The slope blamed the summation successful expenses, which roseate 18% to $13.5 cardinal successful the quarter, for the decline.

But adjusted net of $1.99 a share...

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