Citigroup slumped 5% despite a strong Q3'24 due to regulatory concerns, trading at only 0.7x tangible book value. See why I remain very bullish on C stock.

Citigroup is set to report its third-quarter results before the opening bell on Tuesday. The bank has an analyst call to discuss the quarter scheduled for 11 a.m. ET. Shares of Citigroup are up more than 28% year to date.

Citigroup Inc.'s stock rose 1.1% premarket Tuesday, after the bank beat estimates for the third quarter, boosted by big gains in trading and investment banking. The bank had net income of $3.2 billion,

Citigroup earnings are due Tuesday morning, and they’re expected to show a 28% decline in quarterly earnings from a year ago as lower interest rates crimp profits and the bank continues to work through an expensive turnaround plan overseen by Chief Executive Jane Fraser and her new leadership team.