Update 2 includes additional information, management comments throughout.
- Citigroup reports third-quarter profit of 15 cents per share.
- Excluding items, operating profit was at $1.06 per share, beating the consensus estimate of 96 cents.
- Net revenue came in at $19.4 billion, excluding CVA/DVA.
- Estimated Basel III Tier I Capital Ratio improved to 8.6%