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Citigroup reported a fourth-quarter profit decline of 14% to $2.5 billion from the year before.
The stock rose 1.3% in premarket trading.
Earnings per share were $1.19, which included a notable item. The bank warned investors last month that its deal to sell Citi’s remaining operations in Russia would result in an after-tax loss of $1.1 billion in the fourth quarter. The deal is set to close in the first half of this year.