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Citigroup Inc. (NYSE: C) Q3 2020 earnings call dated Oct. 13, 2020


Total revenues fell 7% to $17.3 billion hurt by lower revenues in Global Consumer Banking and Corporate/Other.


Net income was $3.2 billion, or $1.40 per share, compared to $4.9 billion, or $2.07 per share, last year.


End-of-period deposits totaled $1.3 trillion, up 16% from the prior-year period.


https://news.alphastreet.com/c-earnings-all-you-need-to-know-about-citigroup-q3-2020-earnings-results/




Earnings Transcript link : https://news.alphastreet.com/citigroup-inc-c-q3-2020-earnings-call-transcript/


Corporate Participants:


Elizabeth Lynn — Head of Investor Relations


Michael Corbat — Chief Executive Officer


Mark Mason — Chief Financial Officer


Analysts:


John McDonald — Autonomous Research — Analyst


Glenn Schorr — Evercore ISI — Analyst


Jim Mitchell — Seaport Global — Analyst


Mike Mayo — Wells Fargo — Analyst


Matt O’Connor — Deutsche Bank — Analyst


Erika Najarian — Bank of America — Analyst


Steven Chubak — Wolfe Research — Analyst


Saul Martinez — UBS — Analyst


Ken Usdin — Jefferies — Analyst


Brian Kleinhanzl — KBW — Analyst


Jeff Harte — Piper Sandler — Analyst


Charles Peabody — Portales — Analyst


Vivek Juneja — JPMorgan — Analyst


Betsy Graseck — Morgan Stanley — Analyst


Gerard Cassidy — RBC — Analyst




Access ALL earnings call transcripts https://news.alphastreet.com/earnings-call-transcripts/


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