Monday's Financial Winners & Losers

Updated from 2:25 p.m. EDT with new stock prices

Citigroup (C Quote) led financial stocks downhill Monday after the banking giant reported sliding third-quarter earnings.

New York-based Citi said it earned $2.38 billion, or 47 cents a share -- 57% lower than last year, albeit 3 cents a share over sharply reduced analysts' estimates, per Thomson Financial. CEO Chuck Prince called it a "disappointing quarter, even in the context of the dislocations in the subprime mortgage and credit markets."

Citi shares sank 3.41% at $46.24, weighing on both the NYSE Financial Sector Index -- down 1.56% to 9,464.66 -- and the KBW Bank Index, which shed 0.73% to 107.97. ...