Although citigroup did its best to shovel off assets before the big game, it still took a meanial loss this quarters earnings report.
Citigroup, Inc. (NYSE: C ) reports Q3 adj-loss of $0.27, versus the analyst <nobr> estimate
</nobr> of ($0.38). Revenue for the quarter was $20.4 billion, which compares to the estimate of $20.04 billion.
Q3 tier 1 ratio was 12.7% and tier 1 common ratio was 9.1%. Book <nobr> value
</nobr> per share was $6.15.
They took one for the team this quarter, but look soon for this banking giant to be making a comback.