Earnings call transcript: Citigroup beats Q3 2026 estimates as stock slips

Citigroup reported stronger-than-expected Q3 2026 results, with earnings per share of $2.85 and revenue of $23.85 billion, surpassing Wall Street forecasts. Despite the beat, the stock fell 3.48% in premarket trading, indicating investor concerns about the outlook and capital plans alongside the headline numbers. The bank's return on tangible common equity improved to 11.5%, up 180 basis points from a year earlier, and management raised its full-year 2026 ROTCE outlook to above 11%.

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