Citigroup reported third quarter 2010 net income of 2.2 billion dollars, or $ 0.07 per share, compared with 101 million dollars in the third quarter of 2009, marking its third consecutive quarterly operating profit. This was communicated by the U.S. bank, on its website. The profit was above expectations.
Profit from operations on a comparable basis, excluding an $ 800m loss before tax (435 million after taxes) from sales of the Student Loan Corporation, and was 2.6 billion dollars, or $ 0.08
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