Citigroup, Inc(NYSE:C) stock rebounded from its low on Wednesday after reporting its third-quarter print. The bank earnings marked the beginning of the earnings season.

On Tuesday, Citigroup reported a third-quarter fiscal 2024 revenue growth of 1% to $20.32 billion, beating the analyst estimate of $19.84 billion.

Excluding divestiture-related impacts, revenues grew 3%.

Also Read:Nuclear Stocks Soar As Amazon Becomes Latest Tech Giant To Invest In Nuclear Power

The net income of $3.24 billion decreased by 9%, primarily reflecting a decline in U.S. Personal Banking (USPB).

• B of A Securities analyst Ebrahim Poonawala maintained Citigroup with a Buy and raised the...