花旗2026年三季度EPS同比增53%、收入增8%，但环比回落且信用卡拨备上升，盘中披露需核对预期差

----- c-20261013x8k.htm -----
​
​
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
8-K
​
CURRENT REPORT
​
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
​
Date of Report (Date of earliest event reported)
October 13, 2026
Citigroup Inc.
(Exact name of registrant as specified in its charter)
​
​
​
​
Delaware
1-9924
52-1568099
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
​
​
​
388 Greenwich Street
,
New York
,
NY
(Address of principal executive offices)
​
10013
(Zip Code)
​
(
212
)
559-1000
(Registrant's telephone number,
including area code)
​
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
​
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
​
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
​
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
​
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
​
Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934 formatted in Inline XBRL:
See Exhibit 99.3
​
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
​
Emerging growth company
☐
​
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
☐
​
​
​
CITIGROUP INC.
Current Report on Form 8-K
​
Item 2.02 Results of Operations and Financial Condition.
​
On October 13, 2026, Citigroup Inc. announced its results for the quarter ended September 30, 2026. A copy of the related press release, filed as Exhibit 99.1 to this Form 8-K, is incorporated herein by reference. The quotation under the heading “CEO Commentary” on page 1 of Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities under that Section. The information included in Exhibit 99.1, other than in the quotation, shall be deemed “filed” for purposes of the Act.
​
In addition, a copy of the Citigroup Inc. Quarterly Financial Data Supplement for the quarter ended September 30, 2026 is being furnished as Exhibit 99.2 to this Form 8-K and shall not be deemed to be “filed” for purposes of Section 18 of the Act or otherwise subject to the liabilities under that Section.
​
Item 9.01 Financial Statements and Exhibits.
​
(d) Exhibits.
​
Exhibit Number
​ ​ ​
​
​
​
​
99.1
​
Citigroup Inc. press release dated October 13, 2026.
​
​
​
99.2
​
Citigroup Inc. Quarterly Financial Data Supplement for the quarter ended September 30, 2026.
​
​
​
99.3
​
Citigroup Inc. securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934 as of the filing date.
​
​
​
104.1
​
See the cover page of this Current Report on Form 8-K, formatted in Inline XBRL.
​
​
​
​
SIGNATURE
​
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
​
​
​
CITIGROUP INC.
​
​
​
Dated: October 13, 2026
​
​
​
By:
/s/ Nicole Giles
​
​
Nicole Giles
​
​
Controller and Chief Accounting Officer
​
​
(Principal Accounting Officer)
​
​

----- c-20261013xex99d3.htm -----
​
​
​
​
​
​
Exhibit 99.3
​
​
​
​
Citigroup Inc. securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:
​
​
​
​
Title of each class
Ticker
Symbol(s)
Title for iXBRL
Name of each
exchange on
which
registered
​
​
Common
Stock,
par
value
$.01
per
share
C
Common Stock, par value $.01 per share
New York Stock Exchange
Depositary Shares, each representing a 1/1,000th interest in a share of 6.250% Noncumulative Preferred Stock, Series II
C PR R
Dep Shs, represent 1/1,000th interest in a share of 6.250% Noncum Pref Stk, Ser II
New York Stock Exchange
7.625% Trust Preferred Securities of Citigroup Capital III (and registrant’s guaranty with respect thereto)
C/36Y
7.625% TRUPs of Cap III (and registrant’s guaranty)
New York Stock Exchange
7.875% Fixed Rate / Floating Rate Trust Preferred Securities (TruPS
®
) of Citigroup Capital XIII (and registrant’s guaranty with respect thereto)
C N
7.875% FXD / FRN TruPS of Cap XIII (and registrant’s guaranty)
New York Stock Exchange
Medium-Term Senior Notes, Series N, Callable Fixed Rate Notes Due April 26, 2028 of CGMHI (and registrant’s guaranty with respect thereto)
C/28
MTN, Series N, Callable Fixed Rate Notes Due Apr 2028 of CGMHI (and registrant’s guaranty)
New York Stock Exchange
Medium-Term Senior Notes, Series N, Floating Rate Notes Due September 15, 2028 of CGMHI (and registrant’s guaranty with respect thereto)
C/28A
MTN, Series N, Floating Rate Notes Due Sept 2028 of CGMHI (and registrant’s guaranty)
New York Stock Exchange
Medium-Term Senior Notes, Series N, Floating Rate Notes Due October 6, 2028 of CGMHI (and registrant’s guaranty with respect thereto)
C/28B
MTN, Series N, Floating Rate Notes Due Oct 2028 of CGMHI (and registrant’s guaranty)
New York Stock Exchange
Medium-Term Senior Notes, Series N, Floating Rate Notes Due March 21, 2029 of CGMHI (and registrant’s guaranty with respect thereto)
C/29A
MTN, Series N, Floating Rate Notes Due Mar 2029 of CGMHI (and registrant’s guaranty)
New York Stock Exchange
​

----- c-ex99d1.htm -----
EX-99.1
2
c-ex99d1.htm
EX-99.1
Exhibit 99.1
​
​
For Immediate Release
Citigroup Inc. (NYSE: C)
OCTOBER 13, 2026
​
THIRD QUARTER 2026 RESULTS AND KEY METRICS
​
​
CHAIR AND CEO
COMMENTARY
Citi Chair and CEO Jane Fraser said, “Our performance in the quarter, which included the best third-quarter revenue in a decade, positive operating leverage and meaningful improvement in our returns, reflects the continued disciplined and consistent execution of our strategy.
“Services delivered another standout quarter, up 15%, with momentum in every driver. Equities rose 14% on strong performance in Asia and Prime, while FX and Spread Products drove overall growth of 6% in Markets. Banking also grew 6%, with particular strength in ECM, where we participated in the quarter's six largest transactions. Wealth saw steady, broad-based growth across all three businesses, with a return of over 14% — well above last year. In U.S. Consumer Cards, we had solid momentum in General Purpose cards, which drove loan growth and a return that exceeded 21%.
“We returned over $4 billion to common shareholders while continuing to invest in growth and prepare for an AI-driven future. We expect to exceed this year's return target, even as we pull forward investments toward our 11-13% near-term goal —the next waypoints on our path to sustainable returns of 14-15%,” Ms. Fraser concluded.
EPS UP 53% AS REPORTED; UP 27% EX-NOTABLE ITEM
(3)
RETURNED $4.1 BILLION IN THE FORM OF COMMON SHARE REPURCHASES AND COMMON DIVIDENDS
PAYOUT RATIO OF 85%
(4)
COMMON EQUITY TIER 1 CAPITAL RATIO OF 12.8%
(5)
BOOK VALUE PER SHARE OF $115.61
TANGIBLE BOOK VALUE PER SHARE OF $101.59
(6)
​
​
New York, October 13, 2026 – Citigroup Inc. today reported net income for the third quarter 2026 of $5.2 billion, or $2.85 per diluted share, on revenues of $23.8 billion. This compares to net income of $3.8 billion, or $1.86 per diluted share, on revenues of $22.1 billion for the third quarter 2025.
​
As previously disclosed
(3)
, third quarter results in the prior-year period included a notable item consisting of a goodwill impairment of $726 million ($714 million after-tax), recorded in operating expenses, related to Citi’s agreement to sell a 25% equity stake in Grupo Financiero Banamex, S.A. de C.V. (Banamex).
​
Revenues increased 8% from the prior-year period, driven by growth in
Services,
Wealth, Markets and Banking
, partially offset by a decline in All Other.
​
Net income was $5.2 billion, compared to $3.8 billion in the prior-year period on a reported basis, driven by higher revenues and lower expenses, partially offset by a higher provision for credit losses. Excluding the notable item, net income in the prior-year period was $4.5 billion
(3)
.
​
Earnings per share of $2.85 increased from $1.86 per diluted share in the prior-year period on a reported basis, reflecting higher net income and a lower share count due to share repurchases. Excluding the notable item, earnings per share in the prior-year period was $2.24
(3)
.
​
Percentage comparisons throughout this press release are calculated for the third quarter 2026 versus the third quarter 2025, unless otherwise specified.
​
​
​
1
Third Quarter Financial Results
​
​
​
​
​
​
Citigroup
($ in millions, except per share amounts and as otherwise noted)
​ ​ ​
3Q’26
​ ​ ​
2Q’26
​ ​ ​
3Q’25
​ ​ ​
QoQ%
​ ​ ​
YoY%
Total revenues, net of interest expense
​
23,845
​
24,766
​
22,090
​
(4)%
​
8%
​
​
​
​
​
​
​
​
​
​
​
Total operating expenses
​
13,952
​
14,215
​
14,290
​
(2)%
​
(2)%
​
​
​
​
​
​
​
​
​
​
​
Net credit losses
​
2,217
​
2,404
​
2,214
​
(8)%
​
-
Net ACL build / (release)
(a)
​
333
​
102
​
145
​
226%
​
130%
Other provisions
(b)
​
36
​
16
​
91
​
125%
​
(60)%
Total provision for credit losses
​
2,586
​
2,522
​
2,450
​
3%
​
6%
​
​
​
​
​
​
​
​
​
​
​
Income (loss) from continuing operations before taxes
​
7,307
​
8,029
​
5,350
​
(9)%
​
37%
Provision for income taxes
​
1,887
​
2,005
​
1,559
​
(6)%
​
21%
Income (loss) from continuing operations
​
5,420
​
6,024
​
3,791
​
(10)%
​
43%
Income (loss) from discontinued operations, net of taxes
​
-
​
-
​
(1)
​
-
​
100%
Net income attributable to non-controlling interest
​
175
​
193
​
38
​
(9)%
​
361%
Citigroup’s net income (loss)
​
$
5,245
​
$
5,831
​
$
3,752
​
(10)%
​
40%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
EOP loans ($B)
​
820
​
794
​
734
​
3%
​
12%
Average loans ($B)
​
809
​
785
​
725
​
3%
​
12%
EOP assets ($B)
​
2,941
​
2,895
​
2,642
​
2%
​
11%
EOP deposits ($B)
​
1,505
​
1,493
​
1,384
​
1%
​
9%
Average deposits ($B)
​
1,528
​
1,504
​
1,382
​
2%
​
11%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Book value per share
​
$
115.61
​
$
114.74
​
$
108.41
​
1%
​
7%
Tangible book value per share
(c)
​
$
101.59
​
$
100.89
​
$
95.72
​
1%
​
6%
Common Equity Tier 1 (CET1) Capital ratio
(d)
​
12.8%
​
12.8%
​
13.3%
​
​
​
​
Supplementary Leverage ratio (SLR)
(d)
​
5.0%
​
5.2%
​
5.5%
​
​
​
​
Return on average common equity (ROE)
(e)
​
10.1%
​
11.4%
​
7.1%
​
(130) bps
​
300 bps
Return on average tangible common equity (RoTCE)
(f)
​
11.5%
​
13.0%
​
8.0%
​
(150) bps
​
350 bps
Efficiency Ratio (total operating expenses/total revenues, net)
​
58.5%
​
57.4%
​
64.7%
​
110 bps
​
(620) bps
(a) Includes credit reserve build / (release) for loans and provision / (release) for credit losses on unfunded lending commitments.
(b) Includes provisions on policyholder benefits and claims, Other Assets, and HTM debt securities.
(c) Tangible book value per share is a non-GAAP financial measure. For additional information, refer to Footnote 6.
(d) For additional information, please refer to Footnote 5.
(e) For additional information, please refer to Footnote 1.
(f) RoTCE is a non-GAAP financial measure. For additional information, please refer to Footnote 2.
​
Citigroup
Citigroup revenues
of $23.8 billion in the third quarter 2026 increased 8%, driven by growth in
Services, Wealth, Markets
and
Banking
, partially offset by a decline in
All Other
. Net interest income increased 14%, driven by growth in
Markets, Services, Wealth
and
U.S. Consumer Cards (USCC),
partially offset by declines in
All Other and Banking
. Non-interest revenue decreased 4%, driven by declines in
Markets and USCC
, largely offset by growth in
All Other, Services, Banking and Wealth
.
​
Citigroup operating expenses
of $14.0 billion were down 2% on a reported basis, driven by the absence of the notable item as well as lower professional services expenses, partially offset by higher transactional and product servicing expenses, deposit insurance costs, compensation and benefits as well as the contribution to the Citi Foundation. Excluding the notable item in the prior-year period, expenses were up 3%
(3)
.
​
Citigroup provision for credit losses
was $2.6 billion, reflecting $2.2 billion of net credit losses and a net reserve build of $369 million, driven by changes in the macroeconomic outlook and portfolio growth. Net credit losses were unchanged from the prior-year period. The provision in the prior-year period was $2.5 billion, reflecting $2.2 billion of net credit losses and a net reserve build of $236 million, driven by portfolio growth and transfer risk, partially offset by changes in the macroeconomic outlook.
​
Citigroup net income
was $5.2 billion in the third quarter 2026, compared to net income of $3.8 billion in the prior-year period on a reported basis, driven by higher revenues and lower expenses, partially offset by a higher provision for credit losses. Excluding the notable item, net income in the prior-year period was $4.5 billion
(3)
. Citigroup’s effective tax rate was approximately 26% in the third quarter 2026 compared to 29% in the third quarter 2025.
​
2
​
Citigroup’s total allowance for credit losses
was $22.4 billion at quarter end, compared to $23.8 billion at the end of the prior-year period. Total ACL on loans was $20.1 billion at quarter end, compared to $19.2 billion at the end of the prior-year period, with a reserve-to-funded loan ratio of 2.5%, down from 2.7% in the prior-year period. Total non-accrual loans decreased $0.4 billion, or 12%, from the prior-year period to $3.3 billion. Corporate non-accrual loans decreased $0.3 billion, or 16%, from the prior-year period to $1.7 billion, driven by upgrades and repayments in
Markets
, partially offset by idiosyncratic downgrades in
Services
. Consumer non-accrual loans decreased $0.1 billion, or 5%, from the prior-year period to $1.5 billion, driven by
Wealth
, partially offset by Legacy Franchises, in
All Other
.
​
Citigroup
’
s end-of-period loans
were $820 billion at quarter end, up 12% versus the prior-year period, driven by growth in
Markets, USCC, Wealth, Banking and Services
. Citigroup
’
s average loans were $809 billion in the third quarter 2026, up 12% versus the prior-year period, primarily driven by growth in
Markets, Services, USCC and Wealth.
​
Citigroup
’
s end-of-period deposits
were approximately $1.5 trillion at quarter end, up 9% versus the prior-year period, driven by growth in
Service
s. Citigroup
’
s average deposits were approximately $1.5 trillion in the third quarter 2026, up 11% versus the prior-year period, driven by growth in
Services
.
​
Citigroup
’
s book value per share
of $115.61 at quarter end increased 7% versus the prior-year period, and tangible book value per share of $101.59
(6)
at quarter end increased 6% versus the prior-year period. During the quarter, Citigroup returned $4.1 billion to common shareholders in the form of share repurchases and dividends.
​
Citigroup
’
s preliminary CET1 Capital ratio
(5)
was 12.8% at quarter end, unchanged from the end of the prior quarter, driven by net income and lower deduction from DTA and other, offset by common share repurchases, the payment of common and preferred dividends and unrealized losses on AFS securities.
​
Citigroup
’
s Supplementary Leverage ratio
(5)
for the third quarter 2026 was 5.0%, versus 5.2% at the end of the prior quarter.
​
3
​
​
Services
($ in millions, except as otherwise noted)
​ ​ ​
3Q’26
​ ​ ​
2Q’26
​ ​ ​
3Q’25
​ ​ ​
QoQ%
​ ​ ​
YoY%
Net interest income
​
​
3,671
​
​
3,541
​
​
3,121
​
4%
​
18%
Non-interest revenue
​
​
1,231
​
​
1,198
​
​
1,099
​
3%
​
12%
Treasury and Trade Solutions
​
​
4,902
​
​
4,739
​
​
4,220
​
3%
​
16%
Net interest income
​
​
801
​
​
750
​
​
702
​
7%
​
14%
Non-interest revenue
​
​
911
​
​
893
​
​
808
​
2%
​
13%
Securities Services
​
​
1,712
​
​
1,643
​
​
1,510
​
4%
​
13%
Total Services revenues
​
6,614
​
6,382
​
5,730
​
4%
​
15%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total operating expenses
​
​
2,976
​
​
2,803
​
​
2,707
​
6%
​
10%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Net credit losses
​
​
3
​
​
5
​
​
11
​
(40)%
​
(73)%
Net ACL build / (release)
(a)
​
​
(12)
​
​
46
​
​
(12)
​
NM
​
-
Other provisions
(b)
​
​
(17)
​
​
7
​
​
62
​
NM
​
NM
Total provision for credit losses
​
(26)
​
58
​
61
​
NM
​
NM
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Net income
​
$
2,637
​
$
2,584
​
$
2,081
​
2%
​
27%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Services Key Statistics and Metrics ($B)
​
​
​
​
​
​
​
​
​
​
​
​
​
Allocated Average TCE
(c)
​
​
34
​
​
34
​
​
33
​
-
​
2%
RoTCE
(c)
​
​
31.2%
​
​
30.9%
​
​
25.0%
​
30 bps
​
620 bps
Average loans
​
​
107
​
​
103
​
​
94
​
4%
​
14%
Average deposits
​
​
1,037
​
​
1,017
​
​
893
​
2%
​
16%
Cross border transaction value
(d)
​
​
116
​
​
115
​
​
105
​
1%
​
10%
U.S. dollar clearing volume (#MM)
(e)
​
​
47
​
​
46
​
​
45
​
2%
​
5%
Commercial card spend volume
(f)
​
​
20
​
​
20
​
​
18
​
-
​
10%
Assets under custody and/or administration (AUC/AUA) ($T)
(g)
​
​
35
​
​
35
​
​
30
​
-
​
16%
(a) Includes credit reserve build / (release) for loans and provision / (release) for credit losses on unfunded lending commitments.
(b) Includes provisions on Other Assets.
(c) TCE and RoTCE are non-GAAP financial measures. For additional information, refer to Footnote 2.
(d) Cross border transaction value is defined as the total value of cross-border foreign exchange payments processed through Citi’s proprietary Worldlink and Cross Border Funds Transfer platforms, including payments from consumer, corporate, financial institution and public sector clients.
(e) U.S. dollar clearing volume is defined as the number of USD clearing payment instructions processed by Citi on behalf of U.S. and foreign-domiciled entities (primarily financial institutions). Amounts in the table are stated in millions of payment instructions processed.
(f) Commercial card spend volume is defined as total global spend volumes using Citi issued commercial cards net of refunds and returns.
(g) 3Q'26 is preliminary.
​
Services
​
Services
revenues
of $6.6 billion were up 15%, driven by growth in Treasury and Trade Solutions and Securities Services. Net interest income increased 17%, driven by higher average deposit balances and deposit spreads. Non-interest revenue increased 12%, driven by higher fees.
​
Treasury and Trade Solutions revenues
of $4.9 billion were up 16%, driven by an 18% increase in net interest income and a 12% increase in non-interest revenue. The increase in net interest income was driven by higher average deposit balances and deposit spreads. The increase in non-interest revenue was driven by higher fees and underlying drivers, including cross-border transaction value up 10%, commercial card spend volume up 10% and U.S. dollar clearing volume up 5%, as well as a more favorable impact from currency devaluation in Argentina.
​
Securities Services revenues
of $1.7 billion were up 13%, driven by a 13% increase in non-interest revenue and a 14% increase in net interest income. The increase in non-interest revenue was driven by higher fees, which benefited from a 16% increase in assets under custody and administration, which includes new assets onboarded as well as the impact of market valuations, partially offset by a mark-to-market gain in the prior-year period. The increase in net interest income was driven by higher average deposit balances.
​
Services
operating expenses
of $3.0 billion increased 10%, primarily driven by higher compensation, including higher severance, performance-related and other compensation, transactional expenses and other volume and revenue-related expenses.
​
Services
provision for credit losses
was a benefit of $26 million, reflecting a net reserve release of $29 million, driven by refinements to certain loss assumptions, and $3 million of net credit losses. The provision in the prior-year period was $61 million, reflecting a net reserve build of $50 million, driven by transfer risk, and $11 million of net credit losses.
​
Services
net income
of $2.6 billion increased 27%.
4
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Markets
($ in millions, except as otherwise noted)
​ ​ ​
3Q’26
​ ​ ​
2Q’26
​ ​ ​
3Q’25
​ ​ ​
QoQ%
​ ​ ​
YoY%
Rates and currencies
​
​
2,965
​
​
3,247
​
​
2,963
​
(9)%
​
-
Spread products / other fixed income
​
​
1,421
​
​
1,459
​
​
1,262
​
(3)%
​
13%
Fixed Income markets
​
​
4,386
​
​
4,706
​
​
4,225
​
(7)%
​
4%
Equity markets
​
​
1,727
​
​
2,301
​
​
1,520
​
(25)%
​
14%
Total Markets revenues
​
​
6,113
​
​
7,007
​
​
5,745
​
(13)%
​
6%
​
​
​
​
​
​
​
​
​
​
​
​
Total operating expenses
​
​
3,750
​
​
3,784
​
​
3,490
​
(1)%
​
7%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Net credit losses (recoveries)
​
​
(2)
​
​
(10)
​
​
68
​
80%
​
NM
Net ACL build / (release)
(a)
​
​
92
​
​
127
​
​
(31)
​
(28)%
​
NM
Other provisions
(b)
​
​
(13)
​
​
(8)
​
​
(5)
​
(63)%
​
(160)%
Total provision for credit losses
​
​
77
​
​
109
​
​
32
​
(29)%
​
141%
​
​
​
​
​
​
​
​
​
​
​
​
Net income
​
$
1,743
​
$
2,387
​
$
1,702
​
(27)%
​
2%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Markets Key Statistics and Metrics ($B)
​
​
​
​
​
​
​
​
​
​
​
Allocated Average TCE
(c)
​
​
56
​
​
56
​
​
54
​
-
​
5%
RoTCE
(c)
​
​
12.3%
​
​
17.0%
​
​
12.6%
​
(470) bps
​
(30) bps
Average trading account assets
​
​
614
​
​
603
​
​
555
​
2%
​
11%
Average loans
​
​
191
​
​
176
​
​
147
​
9%
​
30%
Average VaR ($ in MM)
(d)
​
​
129
​
​
122
​
​
117
​
6%
​
11%
(a) Includes credit reserve build / (release) for loans and provision / (release) for credit losses on unfunded lending commitments.
(b) Includes provisions on Other Assets and HTM debt securities.
(c) TCE and RoTCE are non-GAAP financial measures. For additional information, refer to Footnote 2.
(d) VaR estimates, at a 99% confidence level, the potential decline in the value of a position or a portfolio under normal market conditions assuming a one-day holding period. VaR statistics, which are based on historical data, can be materially different across firms due to differences in portfolio composition, VaR methodologies and model parameters.
​
Markets
Markets
revenues
of $6.1 billion increased 6%, driven by growth in Equity markets and Fixed Income markets revenues.
​
Fixed Income markets revenues
of $4.4 billion increased 4%, driven by growth in spread products and other fixed income. Rates and currencies revenues were unchanged, driven by revenue growth in the foreign exchange business on higher volumes, offset by lower revenues in rates. Spread products and other fixed income revenues increased 13%, driven by growth in spread products financing revenues.
​
Equity markets revenues
of $1.7 billion increased 14%, driven by growth in prime services, with prime balances
(7)
up over 40%, which includes the impact of new balances onboarded as well as market valuations, partially offset by a decline in derivatives revenues.
​
Markets
operating expenses
of $3.8 billion increased 7%, driven by higher transactional expenses and compensation, including higher performance-related and other compensation as well as severance.
​
Markets
provision for credit losses
was $77 million, reflecting a net reserve build of $79 million, driven by portfolio growth and changes in the macroeconomic outlook, and $2 million of net credit recoveries. The provision in the prior-year period was $32 million, reflecting $68 million of net credit losses and a net reserve release of $36 million, driven by reserve releases related to charge-offs in spread products.
​
Markets
net income
of $1.7 billion increased 2%.
​
5
​
​
​
​
​
​
​
​
​
Banking
($ in millions, except as otherwise noted)
​ ​ ​
3Q’26
​ ​ ​
2Q’26
​ ​ ​
3Q’25
​ ​ ​
QoQ%
​ ​ ​
YoY%
Investment Banking
​
​
1,350
​
​
1,548
​
​
1,238
​
(13)%
​
9%
Corporate Lending
(a)
​
​
382
​
​
406
​
​
453
​
(6)%
​
(16)%
Total Banking revenues
(a)
​
​
1,732
​
​
1,954
​
​
1,691
​
(11)%
​
2%
Gain / (loss) on loan hedges
(8)
​
​
9
​
​
(32)
​
​
(44)
​
NM
​
NM
Total Banking revenues including gain/(loss) on loan hedges
(8)
​
​
1,741
​
​
1,922
​
​
1,647
​
(9)%
​
6%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total operating expenses
​
​
1,225
​
​
1,212
​
​
1,139
​
1%
​
8%
Net credit losses
​
​
43
​
​
138
​
​
9
​
(69)%
​
378%
Net ACL build / (release)
(b)
​
​
(5)
​
​
100
​
​
136
​
NM
​
NM
Other provisions
(c)
​
​
(15)
​
​
4
​
​
12
​
NM
​
NM
Total provision for credit losses
​
​
23
​
​
242
​
​
157
​
(90)%
​
(85)%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Net income
​
$
378
​
$
350
​
$
270
​
8%
​
40%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Banking Key Statistics and Metrics
​
​
​
​
​
​
​
​
​
​
​
​
​
Allocated Average TCE
(d)
($B)
​
​
8
​
​
8
​
​
9
​
-
​
(15)%
RoTCE
(d)
​
​
19.2%
​
​
18.0%
​
​
11.6%
​
120 bps
​
760 bps
Average loans ($B)
​
​
85
​
​
88
​
​
81
​
(3)%
​
5%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Advisory
​
​
406
​
​
390
​
​
425
​
4%
​
(4)%
Equity underwriting
​
​
343
​
​
426
​
​
194
​
(19)%
​
77%
Debt underwriting
​
​
601
​
​
732
​
​
619
​
(18)%
​
(3)%
Investment Banking revenues
​
​
1,350
​
​
1,548
​
​
1,238
​
(13)%
​
9%
(a) Excludes gain / (loss) on credit derivatives as well as the mark-to-market on loans at fair value. For additional information, see Footnote 8.
(b) Includes credit reserve build / (release) for loans and provision for credit losses on unfunded lending commitments.
(c) Includes provisions on Other Assets.
(d) TCE and RoTCE are non-GAAP financial measures. For additional information, refer to Footnote 2.
​
Banking
​
Banking
revenues
of $1.7 billion increased 6%, driven by growth in Investment Banking and gains on loan hedges, partially offset by a decline in Corporate Lending, excluding gain/(loss) on loan hedges
(8)
.
​
Investment Banking revenues
of $1.4 billion increased 9%, driven by growth in Equity Capital Markets (ECM), partially offset by declines in Advisory and Debt Capital Markets (DCM). ECM revenues increased 77%, as the business gained share in follow-ons and convertibles. Advisory revenues decreased 4%, amid a lower wallet. DCM revenues decreased 3%, driven by a decline in investment grade, primarily offset by growth in leveraged finance.
​
Corporate Lending revenues
of $382 million, excluding gain/(loss) on loan hedges
(8)
, decreased 16%, driven by lower loan spreads, partially offset by higher average loan balances and commitments.
​
Banking
operating expenses
of $1.2 billion increased 8%, driven by higher compensation, including performance-related compensation and continued investments in the business.
​
Banking
provision for credit losses
was $23 million, reflecting $43 million of net credit losses and a net reserve release of $20 million, driven by changes in credit quality and transfer risk, largely offset by portfolio growth. The provision in the prior-year period was $157 million, reflecting a net reserve build of $148 million, driven by changes in portfolio composition, including portfolio growth, and $9 million of net credit losses.
​
Banking
net income
of $378 million increased 40%.
​
6
​
​
​
​
​
​
​
​
​
​
Wealth
($ in millions, except as otherwise noted)
​ ​ ​
3Q’26
​ ​ ​
2Q’26
​ ​ ​
3Q’25
​ ​ ​
QoQ%
​ ​ ​
YoY%
Citigold and Retail Banking
​
2,275
​
2,181
​
1,969
​
4%
​
16%
Private Bank
​
​
766
​
​
769
​
​
656
​
-
​
17%
Wealth at Work
​
​
228
​
​
227
​
​
214
​
-
​
7%
Total revenues, net of interest expense
​
​
3,269
​
​
3,177
​
​
2,839
​
3%
​
15%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total operating expenses
​
2,438
​
2,377
​
2,375
​
3%
​
3%
​
​
​
​
​
​
​
​
​
​
​
​
​
Net credit losses
​
​
70
​
​
57
​
​
91
​
23%
​
(23)%
Net ACL build / (release)
(a)
​
​
32
​
​
2
​
​
(17)
​
NM
​
NM
Other provisions
(b)
​
​
-
​
​
-
​
​
(1)
​
-
​
100%
Total provision for credit losses
​
102
​
59
​
73
​
73%
​
40%
​
​
​
​
​
​
​
​
​
​
​
​
​
Net income
​
$
585
​
$
583
​
$
303
​
-
​
93%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Wealth Key Statistics and Metrics ($B)
​
​
​
​
​
​
​
​
​
​
​
​
Allocated Average TCE
(c)
​
​
16
​
​
16
​
​
15
​
-
​
5%
RoTCE
(c)
​
​
14.3%
​
​
14.4%
​
​
7.8%
​
(10) bps
​
650 bps
​
​
​
​
​
​
​
​
​
​
​
​
​
Client investment assets
(d)
​
​
759
​
​
727
​
​
660
​
4%
​
15%
Deposits
​
​
419
​
​
415
​
​
408
​
1%
​
3%
Loans
​
​
210
​
​
208
​
​
202
​
1%
​
4%
EOP client balances
​
​
1,388
​
​
1,350
​
​
1,270
​
3%
​
9%
Net New Investment Assets (NNIA)
(e)
​
​
38
​
​
16
​
​
19
​
143%
​
105%
(a) Includes credit reserve build / (release) for loans and provision / (release) for credit losses on unfunded lending commitments.
(b) Includes provisions on Other Assets.
(c) TCE and RoTCE are non-GAAP financial measures. For additional information, refer to Footnote 2.
(d) 3Q'26 Client investment assets are preliminary. Includes assets under management, trust and custody assets. Starting in 1Q'26, Client investment assets include an additional $10B associated with the value of client insurance policies that were not previously reported.
(e) 3Q'26 Net new investment assets are preliminary. Represents investment asset inflows, including dividends, interest and distributions, less investment asset outflows.
​
Wealth
Wealth
revenues
of $3.3 billion increased 15%, driven by growth across all businesses. Net interest income of $2.3 billion increased 20%, driven by higher deposit spreads and average deposit balances, partially offset by lower mortgage spreads. Non-interest revenue of $1.0 billion increased 5%, largely driven by higher investment fee revenues, with growth in client investment assets of 15%, which includes the impact of new assets onboarded as well as market valuations.
​
Citigold and Retail Banking revenues
of $2.3 billion increased 16%, driven by higher deposit spreads.
​
Private Bank revenues
of $766 million increased 17%, primarily driven by higher deposit spreads and average deposit balances.
​
Wealth at Work revenues
of $228 million increased 7%, driven by higher deposit spreads and average deposit balances, primarily offset by lower mortgage spreads.
​
Wealth
operating expenses
of $2.4 billion increased 3%, driven by higher compensation, including performance-related and other compensation as well as severance.
​
Wealth
provision for credit losses
was $102 million, reflecting $70 million of net credit losses, driven by Citigold and Retail Banking, and a net reserve build of $32 million, driven by portfolio growth and changes in the macroeconomic outlook. The provision in the prior-year period was $73 million, reflecting $91 million of net credit losses and a net reserve release of $18 million, driven by reserve releases related to write-downs.
​
Wealth
net income
of $585 million increased 93%.
​
​
7
​
​
​
​
​
​
​
​
​
​
USCC
(a)
($ in millions, except as otherwise noted)
​ ​ ​
3Q’26
​ ​ ​
2Q’26
​ ​ ​
3Q’25
​ ​ ​
QoQ%
​ ​ ​
YoY%
Net interest income
​
​
5,422
​
​
5,180
​
​
5,124
​
5%
​
6%
Non-interest revenue
​
​
(758)
​
​
(659)
​
​
(468)
​
(15)%
​
(62)%
Total revenues, net of interest expense
​
​
4,664
​
​
4,521
​
​
4,656
​
3%
​
-
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total operating expenses
​
1,682
​
1,794
​
1,644
​
(6)%
​
2%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Net credit losses
​
​
1,670
​
​
1,850
​
​
1,741
​
(10)%
​
(4)%
Net ACL build / (release)
(b)
​
​
207
​
​
(232)
​
​
55
​
NM
​
276%
Other provisions
(c)
​
​
1
​
​
-
​
​
3
​
NM
​
(67)%
Total provision for credit losses
​
1,878
​
1,618
​
1,799
​
16%
​
4%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Net income
​
$
851
​
$
852
​
$
929
​
-
​
(8)%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
USCC Key Statistics and Metrics ($B)
​
​
​
​
​
​
​
​
​
​
​
​
​
Allocated Average TCE
(d)
​
​
16
​
​
16
​
​
20
​
-
​
(24)%
RoTCE
(d)
​
​
21.8%
​
​
22.0%
​
​
18.2%
​
(20) bps
​
360 bps
Average loans
​
​
181
​
​
177
​
​
171
​
2%
​
6%
U.S. credit card spend volume
​
​
175
​
​
176
​
​
157
​
-
​
11%
New credit cards account acquisitions (in thousands)
(e)
​
​
3,081
​
​
5,376
​
​
3,211
​
(43)%
​
(4)%
(a) 3Q’26 and 2Q’26 results, balances and metrics include the impact from the additional American Airlines co-branded card portfolio onboarded in the second quarter of 2026.
(b) Includes credit reserve build / (release) for loans and provision / (release) for credit losses on unfunded lending commitments.
(c) Includes provisions on policyholder benefits and claims and Other Assets.
(d) TCE and RoTCE are non-GAAP financial measures. For additional information, refer to Footnote 2.
(e) New credit cards account acquisitions represents the number of new credit card accounts opened or acquired.
​
U.S. Consumer Cards (USCC)
USCC
revenues
of $4.7 billion were unchanged, driven by an increase in net interest income, offset by a decline in non-interest revenue. Net interest income increased 6%, driven by higher interest - earning balances. Non-interest revenue decreased 62%, driven by higher partner payment accruals and rewards costs, partially offset by higher interchange and annual fees.
​
USCC
operating expenses
of $1.7 billion increased 2%, driven by higher transactional expenses as well as advertising and marketing expenses, largely offset by lower compensation, including lower salaries and benefits, performance-related compensation and severance.
​
USCC
provision for credit losses
was $1.9 billion, reflecting $1.7 billion of net credit losses and a net reserve build of $208 million, primarily driven by changes in the macroeconomic outlook. Net credit losses were down 4% from the prior-year period, primarily driven by improved credit performance in private label credit cards. The provision in the prior-year period was $1.8 billion, reflecting $1.7 billion of net credit losses and a net reserve build of $58 million, driven by changes in portfolio quality and higher volume, largely offset by changes in the macroeconomic outlook.
​
USCC
net income
of $851 million decreased 8%.
​
​
8
​
​
​
​
​
​
All Other (Managed Basis)
(a)(b)
($ in millions, except as otherwise noted)
​ ​ ​
3Q’26
​ ​ ​
2Q’26
​ ​ ​
3Q’25
​ ​ ​
QoQ%
​ ​ ​
YoY%
Legacy Franchises (managed basis)
​
1,847
​
2,053
​
1,871
​
(10)%
​
(1)%
Corporate / Other
​
(415)
​
(316)
​
(400)
​
(31)%
​
(4)%
Total revenues
​
1,432
​
1,737
​
1,471
​
(18)%
​
(3)%
​
​
​
​
​
​
​
​
​
​
​
Total operating expenses
​
1,874
​
2,220
​
2,169
​
(16)%
​
(14)%
​
​
​
​
​
​
​
​
​
​
​
Net credit losses
​
433
​
366
​
297
​
18%
​
46%
Net ACL build / (release)
(c)
​
19
​
59
​
10
​
(68)%
​
90%
Other provisions
(d)
​
80
​
13
​
24
​
NM
​
233%
Total provision for credit losses
​
532
​
438
​
331
​
21%
​
61%
​
​
​
​
​
​
​
​
​
​
​
Income (loss) from continuing operations
​
(809)
​
(761)
​
(752)
​
(6)%
​
(8)%
Income (loss) from discontinued operations, net of taxes
​
-
​
-
​
(1)
​
-
​
100%
Noncontrolling interests
​
146
​
162
​
3
​
(10)%
​
NM
Net (loss)
​
(955)
​
(923)
​
(756)
​
(3)%
​
(26)%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
All Other Key Statistics and Metrics ($B)
​
​
​
​
​
​
​
​
​
​
Allocated Average TCE
(e)
​
39
​
40
​
41
​
(1)%
​
(4)%
(a) Includes Legacy Franchises and certain unallocated costs of global staff functions (including finance, risk, human resources, legal and compliance-related costs), other corporate expenses, and unallocated global operations and technology expenses and income taxes, as well as Corporate Treasury investment activities and discontinued operations.
(b) Reflects results on a managed basis, which excludes divestiture-related impacts related to Citi’s divestitures of its Asia consumer banking businesses and Mexico Consumer/SBMM within Legacy Franchises. For additional information, please refer to Footnote 9.
(c) Includes credit reserve build / (release) for loans and provision / (release) for credit losses on unfunded lending commitments.
(d) Includes provisions on policyholder benefits and claims, Other Assets and HTM debt securities.
(e) TCE is a non-GAAP financial measure. For additional information, refer to Footnote 2.
​
All Other
(Managed Basis)
(9)
All Other
(managed basis) revenues
of $1.4 billion decreased 3%, driven by declines in Legacy Franchises and Corporate/Other.
​
Legacy Franchises (managed basis)
(9)
revenues
of $1.8 billion decreased 1%, driven by continued lower revenues from closed exit and wind
–
down markets, offset by growth in Mexico, including momentum in the underlying businesses and the impact of Mexican peso appreciation.
​
Corporate/Other revenues
of $(415) million decreased from $(400) million in the prior-year period, driven by lower net interest income, reflecting higher asset and liability management impacts, offset by higher non-interest revenue, primarily driven by the impact of valuation adjustments on certain investments and positions.
​
All Other
(managed basis) expenses
of $1.9 billion decreased 14%, driven by lower transformation expenses and lower expenses related to exits and wind-downs, partially offset by the impact of Mexican peso appreciation and the contribution to the Citi Foundation.
​
All Other
(managed basis) provision for credit losses
was $532 million, reflecting $433 million of net credit losses and a net reserve build of $99 million, primarily driven by policyholder benefits and claims in Mexico Consumer. Net credit losses were up 46% from the prior-year period, driven by higher volume and portfolio seasoning in Mexico Consumer. The provision in the prior-year period was $331 million, reflecting $297 million of net credit losses and a net reserve build of $34 million, driven by higher volume and changes in portfolio quality, largely offset by changes in the macroeconomic outlook.
​
All Other
(managed basis) net loss
was $(955) million, compared to $(756) million in the prior-year period.
​
​
9
​
Citigroup will host a conference call today at 11:00 AM (ET). A live webcast of the presentation, as well as financial results and presentation materials, will be available at
https://www.citigroup.com/global/investors
. The live webcast of the presentation can also be accessed at
https://citi-third-quarter-2026-earnings-results.open-exchange.net/registration
.
​
Additional financial, statistical and business-related information, as well as business and segment trends, is included in a Quarterly Financial Data Supplement. Both this earnings release and Citigroup
’
s Third Quarter 2026 Quarterly Financial Data Supplement are available on Citigroup
’
s website at
www.citigroup.com
.
​
Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in more than 180 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.
​
Additional information may be found at
www.citigroup.com
| X: @Citi | YouTube:
www.youtube.com/citi
| Blog:
http://blog.citigroup.com
| Facebook:
www.facebook.com/citi
| LinkedIn:
www.linkedin.com/company/citi
​
Certain statements in this release are
“
forward-looking statements
”
within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. These statements are not guarantees of future results or occurrences. Actual results and capital and other financial condition may differ materially from those included in these statements due to a variety of factors. These factors include, among others, macroeconomic, geopolitical and other challenges and uncertainties, including higher interest rates, elevated inflation and conflicts in the Middle East; and the precautionary statements included in this release. These factors also consist of those contained in Citigroup's filings with the U.S. Securities and Exchange Commission, including without limitation the
“
Risk Factors
”
section of Citigroup
’
s 2025 Form 10-K. Any forward-looking statements made by or on behalf of Citigroup speak only as to the date they are made, and Citi does not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statements were made.
​
Contacts:
Investors: Margo Pilic (
investorrelations@citi.com
)
Press: Danielle Romero-Apsilos (
danielle.romeroapsilos@citi.com
)
​
10
​
(1)
Ratios as of September 30, 2026 are preliminary. Citigroup
’
s return on average common stockholders
’
equity (ROE) is calculated using net income less preferred stock dividends divided by average common stockholders
’
equity.
​
(2)
Ratios as of September 30, 2026 are preliminary. Citigroup
’
s allocated average tangible common equity (TCE) and return on average tangible common equity (RoTCE) are non-GAAP financial measures. RoTCE represents annualized net income available to common shareholders as a percentage of average TCE. For the components of these calculations and for a reconciliation of common equity to TCE, refer to the Citigroup Inc. Quarterly Financial Data Supplement for the quarter ended September 30, 2026 (the 3Q26 Financial Supplement), which is Exhibit 99.2 to Citigroup's Current Report on Form 8-K furnished with the U.S. Securities and Exchange Commission on October 13, 2026.
​
As used herein, forward-looking estimates or targets for RoTCE are forward-looking non-GAAP financial measures. From time to time, management may discuss forward-looking non-GAAP financial measures, such as forward-looking estimates or targets for revenue, expenses and RoTCE. Citi is unable to provide a reconciliation of forward-looking non-GAAP financial measures to their most directly comparable GAAP financial measures because Citi is unable to provide, without unreasonable effort, a meaningful or accurate calculation or estimation of amounts that would be necessary for the reconciliation due to the complexity and inherent difficulty in forecasting and quantifying future amounts or when they may occur. Such unavailable information could be significant for future results.
​
(3)
For additional information on the notable item, see Citi
’
s Current Report on Form 8-K filed on September 24, 2025 with the U.S. Securities and Exchange Commission. Results of operations excluding the impact of the notable item is a non-GAAP financial measure. Citi believes the presentation of its results of operations and financial condition excluding the notable item provides a meaningful depiction of the underlying fundamentals of its broader results for investors, industry analysts and others. For a reconciliation to reported results, refer to the 3Q26 Financial Supplement.
​
(4)
Citigroup
’
s payout ratio is the sum of common dividends and common share repurchases divided by net income available to common shareholders.
​
(5)
Ratios as of September 30, 2026 are preliminary. For the composition of Citigroup
’
s CET1 Capital and ratio and Citigroup
’
s Supplementary Leverage ratio, refer to the 3Q26 Financial Supplement.
​
(6)
Citigroup
’
s tangible book value per share is a non-GAAP financial measure. For a reconciliation of common equity to tangible common equity and resulting calculation of tangible book value per share, refer to the 3Q26 Financial Supplement.
​
(7)
Prime balances are defined as clients
’
billable balances where Citigroup provides cash or synthetic prime brokerage services.
​
(8)
Credit derivatives are used to economically hedge a portion of the Corporate Lending portfolio that includes both accrual loans and loans at fair value. Gain/(loss) on loan hedges includes the mark-to-market on the credit derivatives and the mark-to-market on the loans in the portfolio that are at fair value. The fixed premium costs of these hedges are netted against the Corporate Lending revenues to reflect the cost of credit protection. Citigroup
’
s results of operations excluding the impact of gain/(loss) on loan hedges are non-GAAP financial measures. For a reconciliation to reported results, refer to the 3Q26 Financial Supplement.
​
(9)
All Other
(managed basis) reflects results on a managed basis, which excludes divestiture-related impacts, for all periods, related to Citigroup
’
s divestitures of its Asia consumer banking businesses and Mexico Consumer/SBMM businesses within Legacy Franchises. Certain of the results of operations of
All Other
(managed basis) and Legacy Franchises (managed basis) that exclude divestiture-related impacts are non-GAAP financial measures. For additional information and a reconciliation to reported results, refer to the 3Q26 Financial Supplement.
11

----- c-ex99d2.htm -----
EX-99.2
3
c-ex99d2.htm
EX-99.2
Exhibit 99.2
​
CITIGROUP—QUARTERLY FINANCIAL DATA SUPPLEMENT
3Q26
​
​
​
​
Page
​
​
Citigroup
​
​
​
Financial Summary
1
​
​
Consolidated Statement of Income
2
​
​
Consolidated Balance Sheet
3
​
​
Segment Net Revenues and Income (Loss)
4
​
​
​
​
​
​
Services
5
​
​
Markets
6
​
​
Banking
7
​
​
Wealth
8
​
​
U.S. Consumer Cards (USCC)
9
​
​
Metrics
10
​
​
All Other
11
​
​
Legacy Franchises
12
​
​
Corporate/Other
13
​
​
Divestiture-Related Impacts—Reconciling Items
14
​
​
​
​
​
​
Citigroup Supplemental Detail
​
​
​
Average Balances and Interest Rates
15
​
​
EOP (End-of-Period) Loans
16
​
​
EOP Deposits
17
​
​
Allowance for Credit Losses (ACL) Rollforward
18
​
​
Allowance for Credit Losses on Loans (ACLL) and Unfunded Lending Commitments (ACLUC)
19 - 20
​
​
Non-Accrual Assets
21
​
​
Citigroup Regulatory Capital, Ratios and Composition
22
​
​
Tangible Common Equity (TCE), Common Equity, Book Value per Share, Tangible Book Value Per Share (TBVPS) and Returns on Common Equity (RoCE) and Tangible Common Equity (RoTCE)
23
​
​
​
​
​
​
Reconciliations of Adjusted Results and FX Impact
​
​
​
FX Impact
24
​
​
Total Citigroup Revenues, Net Interest Income (NII) and Non-Interest Revenues (NIR), and Total Citigroup Operating Expenses
25
​
​
Notable Items Adjustments and All Other (Managed Basis)
26
​
​
All Other (Managed Basis),and Legacy Franchises (Managed Basis)
27
​
​
Services and Banking—Corporate Lending Revenues
28
​
​
Total Citigroup Revenues, Total Operating Expenses, RoCE and RoTCE
29
​
​
Legacy Franchises Exits Contribution
30
​
​
​
​
​
​
CITIGROUP FINANCIAL SUMMARY
(In millions of dollars, except per share amounts, ratios, bps, and as otherwise noted)
​
3Q26 Increase/
​
​
Nine
​
Nine
​
YTD 2026 vs.
3Q
4Q
1Q
2Q
3Q
(Decrease) from
​
​
Months
​
Months
​
YTD 2025 Increase
​
2025
​
2025
​
2026
​
2026
​
2026
​
2Q26
​
3Q25
​
​
2025
​
2026
​
(Decrease)
​
​
​
​
​
​
​
​
​
Revenues, net of interest expense
$
22,090
$
19,871
$
24,633
$
24,766
$
23,845
(4%)
8%
​
​
$
65,354
​
$
73,244
​
12%
Operating expenses
(1)
14,290
13,840
14,311
14,215
13,952
(2%)
(2%)
​
​
​
41,292
​
​
42,478
​
3%
Net credit losses (NCLs) on loans
2,214
2,190
2,208
2,404
2,217
(8%)
-
​
​
​
6,907
​
​
6,829
​
(1%)
Credit reserve build (release) for loans
45
10
397
199
199
-
342%
​
​
​
390
​
​
795
​
104%
Provision / (release) for unfunded lending commitments
100
13
184
(97)
134
NM
34%
​
​
​
189
​
​
221
​
17%
Provisions for benefits and claims, other assets and HTM debt securities
91
7
16
16
36
125%
(60%)
​
​
​
559
​
​
68
​
(88%)
Provisions for credit losses and for benefits and claims
2,450
2,220
2,805
2,522
2,586
3%
6%
​
​
​
8,045
​
​
7,913
​
(2%)
Income (loss) from continuing operations before income taxes
5,350
3,811
7,517
8,029
7,307
(9%)
37%
​
​
​
16,017
​
​
22,853
​
43%
Income taxes (benefits)
1,559
1,288
1,578
2,005
1,887
(6%)
21%
​
​
​
4,085
​
​
5,470
​
34%
Income (loss) from continuing operations
3,791
2,523
5,939
6,024
5,420
(10%)
43%
​
​
​
11,932
​
​
17,383
​
46%
Income (loss) from discontinued operations, net of taxes
(1)
(1)
(1)
-
-
-
100%
​
​
​
(2)
​
​
(1)
​
50%
Net income (loss) before noncontrolling interests
3,790
2,522
5,938
6,024
5,420
(10%)
43%
​
​
​
11,930
​
​
17,382
​
46%
Net income (loss) attributable to noncontrolling interests (NCI)
(2)
38
51
153
193
175
(9%)
361%
​
​
​
95
​
​
521
​
448%
Citigroup's net income (loss)
$
3,752
$
2,471
$
5,785
$
5,831
$
5,245
(10%)
40%
​
​
$
11,835
​
$
16,861
​
42%
​
​
​
​
​
​
​
​
​
​
​
Diluted earnings per share:
​
​
​
​
​
​
​
​
​
​
​
Income (loss) from continuing operations
$
1.86
$
1.19
$
3.06
$
3.15
$
2.85
(10%)
53%
​
​
$
5.78
​
$
9.07
​
57%
Net income (loss)
$
1.86
$
1.19
$
3.06
$
3.15
$
2.85
(10%)
53%
​
​
$
5.78
​
$
9.07
​
57%
​
​
​
​
​
​
​
​
​
​
​
​
​
Preferred dividends
$
274
$
284
$
305
$
338
$
353
4%
29%
​
​
$
830
​
$
996
​
20%
​
​
​
​
​
​
​
​
​
​
​
​
​
Income allocated to unrestricted common shareholders—basic
​
​
​
​
​
​
​
​
​
​
​
​
​
Income (loss) from continuing operations (for EPS purposes)
3,439
2,150
5,425
5,446
4,840
(11%)
41%
​
​
10,874
​
15,711
​
44%
Net income (loss) (for EPS purposes)
3,438
2,149
5,424
5,446
4,840
(11%)
41%
​
​
​
10,872
​
​
15,710
​
44%
​
​
​
​
​
​
​
​
​
​
​
​
​
Income allocated to unrestricted common shareholders—diluted
​
​
​
​
​
​
​
​
​
​
​
​
​
Income (loss) from continuing operations (for EPS purposes)
3,459
2,170
5,443
5,466
4,861
(11%)
41%
​
​
10,930
​
​
15,770
​
44%
Net income (loss) (for EPS purposes)
3,458
2,169
5,442
5,466
4,861
(11%)
41%
​
​
​
10,928
​
​
15,769
​
44%
​
​
​
​
​
​
​
​
​
​
​
​
​
Shares
(in millions):
​
​
​
​
​
​
​
​
​
​
​
​
​
Average basic
1,820.3
1,772.8
1,736.9
1,700.9
1,671.4
(2%)
(8%)
​
​
​
1,851.7
​
​
1,703.1
​
(8%)
Average diluted
1,862.6
1,816.9
1,776.0
1,735.6
1,706.6
(2%)
(8%)
​
​
​
1,891.8
​
​
1,739.4
​
(8%)
Common shares outstanding, at period end
1,789.3
1,747.5
1,705.6
1,677.4
1,655.2
(1%)
(7%)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Regulatory capital ratios and performance metrics:
​
​
​
​
​
​
​
​
​
​
​
Common Equity Tier 1 (CET1) Capital ratio
(3)(4)
13.27%
13.18%
12.75%
12.78%
12.8%
​
​
​
​
​
​
​
​
​
Tier 1 Capital ratio
(3)(4)
14.97%
13.65%
14.57%
14.68%
14.6%
​
​
​
​
​
​
​
​
​
Total Capital ratio
(3)(4)
15.31%
15.66%
15.45%
15.67%
15.7%
​
​
​
​
​
​
​
​
​
Supplementary Leverage ratio (SLR)
(3)(5)
5.52%
5.48%
5.25%
5.15%
5.0%
​
​
​
​
​
​
​
​
​
Return on average assets
0.55%
0.36%
0.83%
0.80%
0.69%
(11) bps
14 bps
​
​
​
0.60%
​
​
0.77%
​
17 bps
Return on average common equity (RoCE)
7.1%
4.5%
11.5%
11.4%
10.1%
(130) bps
300 bps
​
​
​
7.6%
​
​
11.0%
​
340 bps
Average tangible common equity (TCE) (in billions of dollars)
(6)
$
172.3
$
170.4
$
169.2
$
169.1
$
168.7
-
(2%)
​
​
$
170.8
​
$
169.0
​
(1%)
Return on tangible common equity (RoTCE)
(6)
8.0%
5.1%
13.1%
13.0%
11.5%
(150) bps
350 bps
​
​
​
8.6%
​
​
12.6%
​
400 bps
Operating leverage
(7)
​
​
59 bps
​
​
(381) bps
​
​
746 bps
​
​
960 bps
​
​
1,031 bps
​
71 bps
​
972 bps
​
​
​
473 bps
​
​
920 bps
​
447 bps
Efficiency ratio (total operating expenses/total revenues, net)
64.7%
69.6%
58.1%
57.4%
58.5%
110 bps
(620) bps
​
​
​
63.2%
​
​
58.0%
​
(520) bps
​
​
​
​
​
​
​
​
​
​
​
Balance sheet data
(in billions of dollars, except per share amounts)
(8)
:
​
​
​
​
​
​
​
​
​
​
​
Total assets
$
2,642.5
$
2,657.2
$
2,777.7
$
2,894.7
$
2,941.3
2%
11%
​
​
​
​
​
​
​
​
​
Total average assets
2,688.8
2,722.5
2,816.8
2,936.0
3,002.2
2%
12%
​
​
​
2,617.9
​
​
2,918.3
​
11%
Total loans
733.9
752.2
761.6
793.7
819.7
3%
12%
​
​
​
​
​
​
​
​
​
Total deposits
1,383.9
1,403.6
1,446.2
1,492.6
1,505.3
1%
9%
​
​
​
​
​
​
​
​
​
Citigroup's stockholders' equity
213.0
212.3
211.0
212.0
209.4
(1%)
(2%)
​
​
​
​
​
​
​
​
​
Book value per share
108.41
110.01
112.22
114.74
115.61
1%
7%
​
​
​
​
​
​
​
​
​
Tangible book value per share
(6)
95.72
97.06
99.01
100.89
101.59
1%
6%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Direct staff
(in thousands)
227
226
224
219
217
(1%)
(4%)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
(1)
3Q25 includes approximately $726 million ($714 million after-tax) related to a goodwill impairment charge in Mexico. For additional information, see Citi's Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2025.
(2)
Net income attributable to noncontrolling interests (NCI) represents the portion of net earnings of consolidated subsidiaries that is attributable to shareholders other than Citi. These amounts are deducted from Net income before attribution to noncontrolling interests to arrive at Citigroup’s net income. The increase in NCI in 2026 primarily relates to the Banamex equity sales completed in December 2025 and April 2026, resulting in a portion of Banamex’s earnings being attributable to noncontrolling shareholders.
(3)
Ratios as of September 30, 2026 are preliminary.
(4)
The ratios presented reflect Citi's binding regulatory capital constraints under the U.S. Basel III rules. See page 22 for regulatory capital metrics under both the Standardized and Advanced Approaches.
(5)
For the composition of Citi's SLR, see page 22.
(6)
TCE, RoTCE and Tangible book value per share are non-GAAP financial measures. See page 23 for a reconciliation of Tangible book value per share and Citi's average TCE to Citi's total average stockholders' equity.
(7)
Represents the year-over-year growth rate in basis points (bps) of total revenues, net of interest expense less the year-over-year growth rate of total operating expenses. Positive operating leverage indicates that the revenue growth rate was greater than the expense growth rate.
(8)
September 30, 2026 is preliminary.
​
Note: Ratios and variance percentages are calculated based on the displayed amounts.
NM Not meaningful.
N/D Not disclosed.
Reclassified to conform to the current period's presentation.
​
Page
1
CITIGROUP CONSOLIDATED STATEMENT OF INCOME
(In millions of dollars)
3Q26 Increase/
​
​
Nine
​
Nine
​
YTD 2026 vs.
3Q
4Q
1Q
2Q
3Q
(Decrease) from
​
​
Months
​
Months
​
YTD 2025 Increase
​ ​ ​
2025
​ ​ ​
2025
​ ​ ​
2026
​ ​ ​
2026
​ ​ ​
2026
​ ​ ​
2Q26
​ ​ ​
3Q25
​
​
2025
​ ​ ​
2026
​ ​ ​
(Decrease)
Revenues
​
​
​
​
​
​
​
​
​
Interest income (including dividends)
$
36,690
$
36,649
$
35,513
$
37,662
$
38,765
3%
6%
​
​
$
106,215
​
$
111,940
​
5%
Interest expense
21,750
20,984
19,772
20,537
21,783
6%
-
​
​
​
62,088
​
​
62,092
​
-
Net interest income (NII)
14,940
15,665
15,741
17,125
16,982
(1%)
14%
​
​
​
44,127
​
​
49,848
​
13%
​
​
​
​
​
​
​
​
​
​
​
​
​
Commissions and fees
2,888
2,829
3,272
3,298
2,884
(13%)
-
​
​
​
8,340
​
​
9,454
​
13%
Principal transactions
2,772
1,450
4,008
2,481
2,275
(8%)
(18%)
​
​
​
8,785
​
​
8,764
​
-
Administration and other fiduciary fees
1,117
1,129
1,123
1,257
1,301
4%
16%
​
​
​
3,285
​
​
3,681
​
12%
Realized gains (losses) on sales of investments, net
105
107
270
169
64
(62%)
(39%)
​
​
​
364
​
​
503
​
38%
Net impairment losses on investments recognized in earnings
(25)
(234)
(140)
(68)
(32)
53%
(28%)
​
​
​
(118)
​
​
(240)
​
(103%)
Other revenue (loss)
293
(1,075)
359
504
371
(26%)
27%
​
​
​
571
​
​
1,234
​
116%
Total non-interest revenues (NIR)
7,150
4,206
8,892
7,641
6,863
(10%)
(4%)
​
​
​
21,227
​
​
23,396
​
10%
Total revenues, net of interest expense
22,090
19,871
24,633
24,766
23,845
(4%)
8%
​
​
​
65,354
​
​
73,244
​
12%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Provisions for credit losses and for benefits and claims
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Net credit losses on loans
2,214
2,190
2,208
2,404
2,217
(8%)
-
​
​
​
6,907
​
​
6,829
​
(1%)
Credit reserve build / (release) for loans
45
10
397
199
199
-
342%
​
​
​
390
​
​
795
​
104%
Provision for credit losses on loans
2,259
2,200
2,605
2,603
2,416
(7%)
7%
​
​
​
7,297
​
​
7,624
​
4%
Provision (release) for credit losses on held-to-maturity (HTM) debt securities
(5)
15
(30)
1
6
500%
NM
​
​
​
(3)
​
​
(23)
​
NM
Provision (release) for credit losses on other assets
79
(32)
33
(2)
(53)
NM
NM
​
​
​
499
​
​
(22)
​
NM
Policyholder benefits and claims
17
24
13
17
83
388%
388%
​
​
​
63
​
​
113
​
79%
Provision (benefit) for credit losses on unfunded lending commitments
100
13
184
(97)
134
NM
34%
​
​
​
189
​
​
221
​
17%
Total provisions for credit losses and for benefits and claims
2,450
2,220
2,805
2,522
2,586
3%
6%
​
​
​
8,045
​
​
7,913
​
(2%)
​
​
​
​
​
​
​
​
​
​
​
​
​
Operating expenses
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Compensation and benefits
7,474
7,068
8,382
7,992
7,533
(6%)
1%
​
​
​
22,571
​
​
23,907
​
6%
Technology / communication
2,325
2,429
2,335
2,269
2,346
3%
1%
​
​
​
6,994
​
​
6,950
​
(1%)
Transactional and product servicing
​
​
1,110
​
​
1,179
​
​
1,225
​
​
1,341
​
​
1,328
​
(1%)
20%
​
​
​
3,396
​
​
3,894
​
15%
Premises and equipment
607
681
586
618
632
2%
​
4%
​
​
​
1,796
​
​
1,836
​
2%
Professional services
​
​
514
​
​
573
​
​
441
​
​
438
​
​
434
​
(1%)
(16%)
​
​
​
1,500
​
​
1,313
​
(12%)
Advertising and marketing
260
318
233
283
234
(17%)
​
(10%)
​
​
​
779
​
​
750
​
(4%)
Restructuring
(5)
(4)
-
-
-
-
100%
​
​
​
(10)
​
​
-
​
100%
Other operating
2,005
1,596
1,109
1,274
1,445
13%
(28%)
​
​
​
4,266
​
​
3,828
​
(10%)
Total operating expenses
14,290
13,840
14,311
14,215
13,952
(2%)
(2%)
​
​
​
41,292
​
​
42,478
​
3%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Income (loss) from continuing operations before income taxes
5,350
3,811
7,517
8,029
7,307
(9%)
37%
​
​
​
16,017
​
​
22,853
​
43%
Provision (benefit) for income taxes
1,559
1,288
1,578
2,005
1,887
(6%)
21%
​
​
​
4,085
​
​
5,470
​
34%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Income (loss) from continuing operations
3,791
2,523
5,939
6,024
5,420
(10%)
43%
​
​
​
11,932
​
​
17,383
​
46%
Discontinued operations
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Income (loss) from discontinued operations
(1)
(1)
(1)
-
-
-
100%
​
​
​
(2)
​
​
(1)
​
50%
Provision (benefit) for income taxes
-
-
-
-
-
-
-
​
​
​
-
​
​
-
​
-
Income (loss) from discontinued operations, net of taxes
(1)
(1)
(1)
-
-
-
100%
​
​
​
(2)
​
​
(1)
​
50%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Net income (loss) before attribution to noncontrolling interests
3,790
2,522
5,938
6,024
5,420
(10%)
43%
​
​
​
11,930
​
​
17,382
​
46%
Noncontrolling interests (NCI)
38
51
153
193
175
(9%)
361%
​
​
​
95
​
​
521
​
448%
Citigroup's net income (loss)
$
3,752
$
2,471
$
5,785
$
5,831
$
5,245
(10%)
40%
​
​
$
11,835
​
$
16,861
​
42%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
NM Not meaningful.
Reclassified to conform to the current period's presentation.
​
Page
2
CITIGROUP CONSOLIDATED BALANCE SHEET
(In millions of dollars)
​
​
​ ​ ​
​
​ ​ ​
​
​ ​ ​
​
​ ​ ​
​
​ ​ ​
​
​ ​ ​
3Q26 Increase/
​
​
September 30,
​
December 31,
​
March 31,
​
June 30,
​
September 30,
​
(Decrease) from
2025
2025
2026
2026
2026
(1)
2Q26
​ ​ ​
3Q25
Assets
Cash and due from banks (including segregated cash and other deposits)
$
23,545
$
23,717
$
23,625
$
24,663
$
23,451
(5%)
-
Deposits with banks, net of allowance
324,515
325,862
362,097
341,750
331,390
(3%)
2%
Securities borrowed and purchased under agreements to resell, net of allowance
321,347
356,195
353,094
404,655
411,327
2%
28%
Brokerage receivables, net of allowance
75,992
62,679
91,720
83,322
102,766
23%
35%
Trading account assets
562,254
537,139
593,473
634,356
635,077
-
13%
Investments
​
​
​
​
Available-for-sale debt securities
246,227
246,720
257,822
286,765
306,850
7%
25%
Held-to-maturity debt securities, net of allowance
197,092
189,831
178,503
167,893
157,501
(6%)
(20%)
Equity securities
7,413
7,678
7,839
8,263
8,415
2%
14%
Total investments
450,732
444,229
444,164
462,921
472,766
2%
5%
Loans
​
​
​
​
Consumer
(2)
398,628
408,533
402,391
416,520
418,417
-
5%
Corporate
(3)
335,277
343,697
359,225
377,138
401,288
6%
20%
Loans, net of unearned income
733,905
752,230
761,616
793,658
819,705
3%
12%
Allowance for credit losses on loans (ACLL)
(19,206)
(19,247)
(19,636)
(19,961)
(20,091)
(1%)
(5%)
Total loans, net
714,699
732,983
741,980
773,697
799,614
3%
12%
Goodwill
19,126
19,098
18,997
19,012
19,072
-
-
Intangible assets (including MSRs)
4,330
4,284
4,305
5,004
5,033
1%
16%
Premises and equipment, net of depreciation and amortization
32,819
33,339
33,574
33,897
34,075
1%
4%
Other assets, net of allowance
113,116
117,677
110,658
111,377
106,700
(4%)
(6%)
Total assets
$
2,642,475
$
2,657,202
$
2,777,687
$
2,894,654
$
2,941,271
2%
11%
​
​
​
​
​
Liabilities
​
​
​
​
​
Non-interest-bearing deposits in U.S. offices
$
116,921
$
121,610
$
122,083
$
122,307
$
120,816
(1%)
3%
Interest-bearing deposits in U.S. offices
592,728
613,052
634,812
665,841
684,500
3%
15%
Total U.S. deposits
709,649
734,662
756,895
788,148
805,316
2%
13%
Non-interest-bearing deposits in offices outside the U.S.
83,920
87,041
86,004
83,823
85,671
2%
2%
Interest-bearing deposits in offices outside the U.S.
590,360
581,870
603,341
620,636
614,335
(1%)
4%
Total international deposits
674,280
668,911
689,345
704,459
700,006
(1%)
4%
​
​
​
​
Total deposits
1,383,929
1,403,573
1,446,240
1,492,607
1,505,322
1%
9%
Securities loaned and sold under agreements to repurchase
349,726
348,098
369,585
411,126
410,174
-
17%
Brokerage payables
89,596
74,836
111,224
116,076
120,445
4%
34%
Trading account liabilities
160,243
162,798
185,266
187,193
212,635
14%
33%
Short-term borrowings
54,760
51,878
72,056
68,978
61,518
(11%)
12%
Long-term debt
315,846
315,827
307,566
333,749
345,785
4%
9%
Other liabilities, plus allowances
(4)
74,498
86,370
73,178
70,475
73,609
4%
(1%)
Total liabilities
$
2,428,598
$
2,443,380
$
2,565,115
$
2,680,204
$
2,729,488
2%
12%
​
​
​
​
​
Stockholders' equity
​
​
​
​
​
Preferred stock
$
19,050
$
20,050
$
19,550
$
19,550
$
18,050
(8%)
(5%)
Common stock
31
31
31
31
31
-
-
Additional paid-in capital
(5)
109,010
108,452
107,821
107,343
107,451
-
(1%)
Retained earnings
214,034
215,128
219,542
223,989
227,733
2%
6%
Treasury stock, at cost
(84,932)
(89,473)
(95,370)
(99,398)
(102,418)
(3%)
(21%)
Accumulated other comprehensive income (loss) (AOCI)
(5)
(44,170)
(41,897)
(40,615)
(39,500)
(41,438)
(5%)
6%
Total common equity
$
193,973
$
192,241
$
191,409
$
192,465
$
191,359
(1%)
(1%)
​
​
​
​
Total Citigroup stockholders' equity
$
213,023
$
212,291
$
210,959
$
212,015
$
209,409
(1%)
(2%)
Noncontrolling interests—equity (NCI—equity)
(5)
854
1,531
1,613
2,435
2,374
(3%)
178%
Total equity
213,877
213,822
212,572
214,450
211,783
(1%)
(1%)
Total liabilities and equity
$
2,642,475
$
2,657,202
$
2,777,687
$
2,894,654
$
2,941,271
2%
11%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
(1)
September 30, 2026 is preliminary.
(2)
Consumer loans include loans managed by USCC, Wealth, and All Other—Legacy Franchises (other than Mexico small business and middle-market banking (Mexico SBMM).
(3)
Corporate loans include loans managed by Services, Markets, Banking, and All Other—Legacy Franchises—Mexico SBMM.
(4)
Includes allowance for credit losses for unfunded lending commitments. See page 19.
(5)
Beginning in December 31, 2025 balances include the impacts on total equity from the sales of the 25.0% (4Q25 and forward), 22.6% (2Q26 and forward), and 1.4% (3Q26) equity stakes, respectively, in Grupo Financiero Banamex, S.A. de C.V.
​
NM Not meaningful.
Reclassified to conform to the current period's presentation.
​
Page
3
SEGMENT NET REVENUES AND INCOME (LOSS)
(In millions of dollars)
​
​
​
​
​
​
​
​
​
​
​
​
​
3Q26 Increase/
​
​
Nine
​
Nine
​
YTD 2026 vs.
​
3Q
4Q
1Q
2Q
3Q
(Decrease) from
Months
Months
YTD 2025 Increase
​ ​ ​
2025
​ ​ ​
2025
​ ​ ​
2026
​ ​ ​
2026
​ ​ ​
2026
​ ​ ​
2Q26
​ ​ ​
3Q25
​
​
2025
​ ​ ​
2026
​ ​ ​
(Decrease)
Revenues, net of interest expense
​
​
​
​
​
​
​
​
​
Services
$
5,730
$
6,272
$
6,103
$
6,382
$
6,614
4%
15%
​
​
$
16,364
​
$
19,099
​
17%
Markets
5,745
4,609
7,246
7,007
6,113
(13%)
6%
​
​
​
17,800
​
​
20,366
​
14%
Banking
1,647
1,773
1,767
1,922
1,741
(9%)
6%
​
​
​
4,611
​
​
5,430
​
18%
Wealth
2,839
2,862
3,065
3,177
3,269
3%
15%
​
​
​
8,410
​
​
9,511
​
13%
U.S. Consumer Cards (USCC)
4,656
4,564
4,757
4,521
4,664
3%
-
​
​
​
13,694
​
​
13,942
​
2%
All Other—managed basis
(1)(2)
1,471
(208)
1,682
1,737
1,432
(18%)
(3%)
​
​
​
4,650
​
​
4,851
​
4%
Reconciling Items—divestiture-related impacts
(3)
2
(1)
13
20
12
(40%)
500%
​
​
​
(175)
​
​
45
​
NM
Total net revenues—reported
​
$
22,090
​
$
19,871
​
$
24,633
​
$
24,766
​
$
23,845
​
(4%)
​
8%
​
​
$
65,354
​
$
73,244
​
12%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Income (loss) from continuing operations
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Services
​
$
2,098
​
$
2,512
​
$
2,242
​
$
2,597
​
$
2,648
​
2%
​
26%
​
​
$
5,675
​
$
7,487
​
32%
Markets
​
1,723
​
856
​
2,629
​
2,404
​
1,761
​
(27%)
​
2%
​
​
​
5,409
​
​
6,794
​
26%
Banking
​
267
​
355
​
304
​
351
​
378
​
8%
​
42%
​
​
​
580
​
​
1,033
​
78%
Wealth
​
303
​
299
​
432
​
583
​
​
585
​
-
​
93%
​
​
​
879
​
​
1,600
​
82%
USCC
​
929
​
884
​
732
​
852
​
851
​
-
​
(8%)
​
​
​
2,525
​
​
2,435
​
(4%)
All Other—managed basis
(1)(2)
​
(752)
​
(2,273)
​
(388)
​
(761)
​
(809)
​
(6%)
​
(8%)
​
​
​
(2,164)
​
​
(1,958)
​
10%
Reconciling Items—divestiture-related impacts
(3)
​
(777)
​
(110)
​
(12)
​
(2)
​
6
​
NM
​
NM
​
​
​
(972)
​
​
(8)
​
99%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Income (loss) from continuing operations—reported
​
3,791
​
2,523
​
5,939
​
6,024
​
5,420
​
(10%)
​
43%
​
​
​
11,932
​
​
17,383
​
46%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Discontinued operations
​
(1)
​
(1)
​
(1)
​
-
​
-
​
-
​
100%
​
​
​
(2)
​
​
(1)
​
50%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Less: NCI
​
38
​
51
​
153
​
193
​
175
​
(9%)
​
361%
​
​
​
95
​
​
521
​
448%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Net income (loss)
​
$
3,752
​
$
2,471
​
$
5,785
​
$
5,831
​
$
5,245
​
(10%)
​
40%
​
​
$
11,835
​
$
16,861
​
42%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
(1)
Includes Legacy Franchises and certain unallocated costs of global staff functions (including finance, risk, human resources, legal, and compliance-related costs), other corporate expenses, and unallocated global operations and technology expenses, and income taxes, as well as Corporate Treasury investment activities and discontinued operations.
(2)
Reflects results on a managed basis, which excludes divestiture-related impacts related to Citi's divestitures of its Asia consumer banking businesses and Mexico Consumer/SBMM (consists of Mexico consumer banking (Mexico Consumer) and Small Business and Middle-Market Banking (SBMM), collectively (Mexico Consumer/SBMM)) within Legacy Franchises. See pages 12 and 14 for additional information.
(3)
Reconciling Items consist of the divestiture-related impacts excluded from All Other on a managed basis. See page 14 for additional information. The Reconciling Items are fully reflected in the various line items in Citi's Consolidated Statement of Income (page 2). See page 14 for additional information.
​
NM Not meaningful.
Reclassified to conform to the current period's presentation.
​
​
Page
4
SERVICES
(In millions of dollars, except as otherwise noted)
​
​
​
​
​
​
​
​
​
​
​
​
​
3Q26 Increase/
​
​
Nine
​
Nine
​
YTD 2026 vs.
​
​
3Q
​
4Q
​
1Q
​
2Q
​
3Q
​
(Decrease) from
​
​
Months
​
Months
​
YTD 2025 Increase
​
​ ​ ​
2025
​ ​ ​
2025
​ ​ ​
2026
​ ​ ​
2026
​ ​ ​
2026
​ ​ ​
2Q26
​ ​ ​
3Q25
​
​
2025
​ ​ ​
2026
​ ​ ​
(Decrease)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Net interest income (including dividends)
​
$
3,823
​
$
4,050
​
$
4,143
​
$
4,291
​
$
4,472
​
4%
​
17%
​
​
$
10,951
​
$
12,906
​
18%
Fee revenue
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Commissions and fees
​
​
880
​
​
879
​
​
909
​
​
924
​
​
915
​
(1%)
​
4%
​
​
​
2,599
​
​
2,748
​
6%
Administration and other fiduciary fees
​
​
746
​
​
751
​
​
763
​
​
889
​
​
926
​
4%
​
24%
​
​
​
2,156
​
​
2,578
​
20%
Total fee revenue
​
​
1,626
​
​
1,630
​
​
1,672
​
​
1,813
​
​
1,841
​
2%
​
13%
​
​
​
4,755
​
​
5,326
​
12%
Principal transactions
​
​
190
​
​
257
​
​
263
​
​
264
​
​
287
​
9%
​
51%
​
​
​
547
​
​
814
​
49%
All other
​
​
91
​
​
335
​
​
25
​
​
14
​
​
14
​
-
​
(85%)
​
​
​
111
​
​
53
​
(52)%
Total non-interest revenue
​
​
1,907
​
​
2,222
​
​
1,960
​
​
2,091
​
​
2,142
​
2%
​
12%
​
​
​
5,413
​
​
6,193
​
14%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total revenues, net of interest expense
​
​
5,730
​
​
6,272
​
​
6,103
​
​
6,382
​
​
6,614
​
4%
​
15%
​
​
​
16,364
​
​
19,099
​
17%
Total operating expenses
​
​
2,707
​
​
2,843
​
​
2,935
​
​
2,803
​
​
2,976
​
6%
​
10%
​
​
​
7,970
​
​
8,714
​
9%
Net credit losses on loans
​
​
11
​
​
19
​
​
3
​
​
5
​
​
3
​
(40%)
​
(73%)
​
​
​
37
​
​
11
​
(70%)
Credit reserve build (release) for loans
​
​
(4)
​
​
(18)
​
​
97
​
​
46
​
​
(23)
​
NM
​
(475%)
​
​
​
73
​
​
120
​
64%
Provision (release) for credit losses on unfunded lending commitments
​
​
(8)
​
​
3
​
​
(11)
​
​
-
​
​
11
​
NM
​
NM
​
​
​
(20)
​
​
-
​
100%
Provision (release) for credit losses for other assets
​
​
62
​
​
(15)
​
​
5
​
​
7
​
​
(17)
​
NM
​
NM
​
​
​
375
​
​
(5)
​
NM
Provision (benefit) for credit losses
​
​
61
​
​
(11)
​
​
94
​
​
58
​
​
(26)
​
NM
​
NM
​
​
​
465
​
​
126
​
(73%)
Income from continuing operations before taxes
​
​
2,962
​
​
3,440
​
​
3,074
​
​
3,521
​
​
3,664
​
4%
​
24%
​
​
​
7,929
​
​
10,259
​
29%
Income taxes
​
​
864
​
​
928
​
​
832
​
​
924
​
​
1,016
​
10%
​
18%
​
​
​
2,254
​
​
2,772
​
23%
Income from continuing operations
​
​
2,098
​
​
2,512
​
​
2,242
​
​
2,597
​
​
2,648
​
2%
​
26%
​
​
​
5,675
​
​
7,487
​
32%
NCI
​
​
17
​
​
16
​
​
14
​
​
13
​
​
11
​
(15%)
​
(35%)
​
​
​
48
​
​
38
​
(21%)
Net income
​
$
2,081
​
$
2,496
​
$
2,228
​
$
2,584
​
$
2,637
​
2%
​
27%
​
​
$
5,627
​
$
7,449
​
32%
EOP assets (in billions)
​
$
627
​
$
628
​
$
649
​
$
645
​
$
672
​
4%
​
7%
​
​
​
​
​
​
​
​
​
Average assets (in billions)
​
​
616
​
​
630
​
​
637
​
​
659
​
​
689
​
5%
​
12%
​
​
$
596
​
$
662
​
11%
Efficiency ratio
​
​
47%
​
​
45%
​
​
48%
​
​
44%
​
​
45%
​
100 bps
​
(200) bps
​
​
​
49%
​
​
46%
​
(300) bps
Average allocated TCE (in billions)
(1)
​
$
33.0
​
$
33.0
​
$
33.5
​
$
33.5
​
$
33.5
​
-
​
2%
​
​
$
33.0
​
$
33.5
​
2%
RoTCE
(1)
​
​
25.0%
​
​
30.0%
​
​
27.0%
​
​
30.9%
​
​
31.2%
​
30 bps
​
620 bps
​
​
​
22.8%
​
​
29.7%
​
690 bps
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Revenue by line of business
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Net interest income
​
$
3,121
​
$
3,303
​
$
3,424
​
$
3,541
​
$
3,671
​
4%
​
18%
​
​
$
8,935
​
$
10,636
​
19%
Non-interest revenue
​
​
1,099
​
​
1,182
​
​
1,192
​
​
1,198
​
​
1,231
​
3%
​
12%
​
​
​
3,226
​
​
3,621
​
12%
Treasury and Trade Solutions (TTS)
​
​
4,220
​
​
4,485
​
​
4,616
​
​
4,739
​
​
4,902
​
3%
​
16%
​
​
​
12,161
​
​
14,257
​
17%
Net interest income
​
​
702
​
​
747
​
​
719
​
​
750
​
​
801
​
7%
​
14%
​
​
​
2,016
​
​
2,270
​
13%
Non-interest revenue
​
​
808
​
​
1,040
​
​
768
​
​
893
​
​
911
​
2%
​
13%
​
​
​
2,187
​
​
2,572
​
18%
Securities Services
​
​
1,510
​
​
1,787
​
​
1,487
​
​
1,643
​
​
1,712
​
4%
​
13%
​
​
​
4,203
​
​
4,842
​
15%
Total Services
​
$
5,730
​
$
6,272
​
$
6,103
​
$
6,382
​
$
6,614
​
4%
​
15%
​
​
$
16,364
​
$
19,099
​
17%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Revenue by managed geography
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
North America
​
$
1,759
​
$
1,939
​
$
1,976
​
$
2,126
​
$
2,191
​
3%
​
25%
​
​
$
4,968
​
$
6,293
​
27%
International
​
​
3,971
​
​
4,333
​
​
4,127
​
​
4,256
​
​
4,423
​
4%
​
11%
​
​
​
11,396
​
​
12,806
​
12%
Total
​
$
5,730
​
$
6,272
​
$
6,103
​
$
6,382
​
$
6,614
​
4%
​
15%
​
​
$
16,364
​
$
19,099
​
17%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Key drivers
(2)
(in billions of dollars, except as otherwise noted)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Average loans by line of business
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
TTS
​
$
93
​
$
95
​
$
97
​
$
101
​
$
106
​
5%
​
14%
​
​
$
91
​
$
101
​
11%
Securities Services
​
​
1
​
​
1
​
​
2
​
​
2
​
​
1
​
(50%)
​
-
​
​
​
1
​
​
2
​
100%
Total
​
$
94
​
$
96
​
$
99
​
$
103
​
$
107
​
4%
​
14%
​
​
$
92
​
$
103
​
12%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
ACLL as a % of EOP loans
(3)
​
​
0.35%
​
​
0.33%
​
​
0.42%
​
​
0.44%
​
​
0.43%
​
(1) bps
​
8 bps
​
​
​
​
​
​
​
​
​
NCLs as a % of average loans
​
​
0.05%
​
​
0.08%
​
​
0.01%
​
​
0.02%
​
​
0.01%
​
(1) bps
​
(4) bps
​
​
​
0.05%
​
​
0.01%
​
(4) bps
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Average deposits by line of business
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
TTS
​
$
744
​
$
780
​
$
812
​
$
852
​
$
867
​
2%
​
17%
​
​
$
716
​
$
844
​
18%
Securities Services
​
​
149
​
​
155
​
​
149
​
​
165
​
​
170
​
3%
​
14%
​
​
​
143
​
​
161
​
13%
Total
​
$
893
​
$
935
​
$
961
​
$
1,017
​
$
1,037
​
2%
​
16%
​
​
$
859
​
$
1,005
​
17%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
AUC/AUA (in trillions of dollars)
(4)
​
$
29.7
​
$
31.4
​
$
31.6
​
$
34.5
​
$
34.5
​
-
​
16%
​
​
​
​
​
​
​
​
​
Cross-border transaction value
(5)
​
$
104.8
​
$
115.2
​
$
106.3
​
$
114.6
​
$
115.5
​
1%
​
10%
​
​
$
301.2
​
$
336.4
​
12%
U.S. dollar clearing volume (in millions)
(6)
​
​
44.8
​
​
45.3
​
​
43.9
​
​
46.3
​
​
47.1
​
2%
​
5%
​
​
​
131.8
​
​
137.3
​
4%
Commercial card spend volume
​
$
18.4
​
$
17.7
​
$
18.6
​
$
20.1
​
$
20.2
​
-
​
10%
​
​
$
53.5
​
$
58.9
​
10%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
(1)
TCE and RoTCE are non-GAAP financial measures. See page 23 for a reconciliation of the summation of the segments’ and component's average allocated TCE to Citigroup’s total average TCE and Citi’s total average stockholders’ equity.
(2)
Management uses this information in reviewing the segment’s results and believes it is useful to investors concerning underlying segment performance and trends.
(3)
Excludes loans that are carried at fair value for all periods.
(4)
September 30, 2026 is preliminary.
(5)
Represents the total value of cross-border foreign exchange payments processed through Citi platforms.
(6)
Represents the number of U.S. dollar Clearing Payment instructions processed on behalf of U.S. and foreign-domiciled entities (primarily financial institutions).
​
NM Not meaningful.
Reclassified to conform to the current period's presentation.
​
Page
5
MARKETS
(In millions of dollars, except as otherwise noted)
​
​
​
​
​
​
​
​
​
​
​
​
​
3Q26 Increase/
​
​
Nine
​
Nine
​
YTD 2026 vs.
​
​
3Q
​
4Q
​
1Q
​
2Q
​
3Q
​
(Decrease) from
​
​
Months
​
Months
​
YTD 2025 Increase
​ ​ ​
2025
​ ​ ​
2025
​ ​ ​
2026
​ ​ ​
2026
​ ​ ​
2026
​ ​ ​
2Q26
​ ​ ​
3Q25
​
​
2025
​ ​ ​
2026
​ ​ ​
(Decrease)
​
​
​
​
​
​
​
​
Net interest income (including dividends)
$
2,178
$
2,761
$
2,797
$
4,002
$
3,273
(18%)
​
50%
​
​
$
6,926
​
$
10,072
​
45%
Fee revenue
​
​
​
​
​
​
​
​
​
​
​
​
Brokerage and fees
400
364
478
469
447
(5%)
​
12%
​
​
1,199
​
​
1,394
​
16%
Investment banking fees
(1)
163
120
120
143
141
(1%)
​
(13%)
​
​
404
​
​
404
​
-
Other
(2)
63
57
55
54
56
4%
​
(11%)
​
​
166
​
​
165
​
(1%)
Total fee revenue
626
541
653
666
644
(3%)
​
3%
​
​
1,769
​
​
1,963
​
11%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Principal transactions
2,737
1,155
3,542
2,088
1,992
(5%)
​
(27%)
​
​
8,324
​
​
7,622
​
(8%)
All other
204
152
254
251
204
(19%)
​
-
​
​
781
​
​
709
​
(9%)
Total non-interest revenue
3,567
1,848
4,449
3,005
2,840
(5%)
​
(20%)
​
​
10,874
​
​
10,294
​
(5%)
Total revenues, net of interest expense
5,745
4,609
7,246
7,007
6,113
(13%)
​
6%
​
​
17,800
​
​
20,366
​
14%
Total operating expenses
3,490
3,608
3,835
3,784
3,750
(1%)
​
7%
​
​
10,464
​
​
11,369
​
9%
Net credit losses (recoveries) on loans
68
(12)
(3)
(10)
(2)
80%
​
NM
​
​
218
​
​
(15)
​
NM
Credit reserve build (release) for loans
(44)
(73)
23
71
62
(13%)
​
NM
​
​
57
​
​
156
​
174%
Provision (release) for credit losses on unfunded lending commitments
13
(7)
(23)
56
30
(46%)
​
131%
​
​
14
​
​
63
​
350%
Provisions (releases) for credit losses for other assets and HTM debt securities
(5)
(12)
(12)
(8)
(13)
(63%)
​
(160%)
​
​
52
​
​
(33)
​
NM
Provision (benefit) for credit losses
32
(104)
(15)
109
77
(29%)
​
141%
​
​
341
​
​
171
​
(50%)
Income (loss) from continuing operations before taxes
2,223
1,105
3,426
3,114
2,286
(27%)
​
3%
​
​
6,995
​
​
8,826
​
26%
Income taxes (benefits)
500
249
797
710
525
(26%)
​
5%
​
​
1,586
​
​
2,032
​
28%
Income (loss) from continuing operations
1,723
856
2,629
2,404
1,761
(27%)
​
2%
​
​
5,409
​
​
6,794
​
26%
NCI
21
18
34
17
18
6%
​
(14%)
​
​
55
​
​
69
​
25%
Net income (loss)
​
$
1,702
​
$
838
​
$
2,595
​
$
2,387
​
$
1,743
​
(27%)
​
2%
​
​
$
5,354
​
$
6,725
​
26%
EOP assets (in billions)
$
1,179
$
1,185
$
1,280
$
1,363
$
1,401
3%
​
19%
​
​
​
​
​
​
​
​
​
Average assets (in billions)
1,229
1,247
1,325
1,406
1,438
2%
​
17%
​
​
$
1,189
​
$
1,390
​
17%
Efficiency ratio
61%
78%
53%
54%
61%
700 bps
​
0 bps
​
​
59%
​
​
56%
​
(300) bps
Average allocated TCE (in billions)
(3)
$
53.5
$
53.5
$
56.4
$
56.4
$
56.4
-
​
5%
​
​
$
53.5
​
$
56.4
​
5%
RoTCE
(3)
12.6%
6.2%
18.7%
17.0%
12.3%
(470) bps
​
(30) bps
​
​
13.4%
​
​
15.9%
​
250 bps
​
​
​
​
​
​
​
​
​
​
​
​
Revenue by line of business
​
​
​
​
​
​
​
​
​
​
​
​
Fixed Income Markets
$
4,225
$
3,554
$
5,166
$
4,706
$
4,386
(7%)
​
4%
​
​
$
13,191
​
$
14,258
​
8%
Equity Markets
1,520
1,055
2,080
2,301
1,727
(25%)
​
14%
​
​
4,609
​
​
6,108
​
33%
Total
$
5,745
$
4,609
$
7,246
$
7,007
$
6,113
(13%)
​
6%
​
​
$
17,800
​
$
20,366
​
14%
​
​
​
​
​
​
​
​
​
​
​
​
Rates and Currencies
$
2,963
$
2,449
$
3,311
$
3,247
$
2,965
(9%)
​
-
​
​
$
9,300
​
$
9,523
​
2%
Spread Products / Other Fixed Income
1,262
1,105
1,855
1,459
1,421
(3%)
​
13%
​
​
3,891
​
​
4,735
​
22%
Total Fixed Income Markets revenues
$
4,225
$
3,554
$
5,166
$
4,706
$
4,386
(7%)
​
4%
​
​
$
13,191
​
$
14,258
​
8%
​
​
​
​
​
​
​
​
​
​
​
​
Revenue by managed geography
​
​
​
​
​
​
​
​
​
​
​
​
North America
$
2,270
$
1,826
$
2,559
$
2,561
$
2,302
(10%)
​
1%
​
​
$
6,563
​
$
7,422
​
13%
International
​
​
3,475
​
​
2,783
​
​
4,687
​
​
4,446
​
​
3,811
​
(14%)
​
10%
​
​
​
11,237
​
​
12,944
​
15%
Total
​
$
5,745
​
$
4,609
​
$
7,246
​
$
7,007
​
$
6,113
​
(13%)
​
6%
​ ​
​
$
17,800
​
$
20,366
​
14%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Key drivers
(4)
(in billions of dollars)
​
​
​
​
​
​
​
​
​
​
​
​
Average loans
$
147
$
152
$
162
$
176
$
191
9%
​
30%
​
​
$
137
​
$
176
​
28%
NCLs (annualized) as a % of average loans
0.18%
(0.03%)
(0.01%)
(0.02%)
0.00%
2 bps
​
(18) bps
​
​
0.21%
​
​
(0.01%)
​
(22) bps
ACLL as a % of EOP loans
(5)
0.78%
0.67%
0.67%
0.64%
0.60%
(4) bps
​
(18) bps
​
​
​
​
​
​
​
​
Average trading account assets
$
555
$
556
$
573
$
603
$
614
2%
​
11%
​
​
$
525
​
$
597
​
14%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
(1)
Investment banking fees are primarily composed of underwriting, advisory, loan syndication structuring, and other related financing activity.
(2)
Primarily includes other non-brokerage and investment banking fees from customer-driven activities.
(3)
TCE and RoTCE are non-GAAP financial measures. See page 23 for a reconciliation of the summation of the segments' and component's average allocated TCE to Citigroup's total average TCE and Citi's total average stockholders' equity.
(4)
Management uses this information in reviewing the segment’s results and believes it is useful to investors concerning underlying segment performance and trends.
(5)
Excludes loans that are carried at fair value for all periods.
​
NM Not meaningful.
Reclassified to conform to the current period’s presentation.
​
Page
6
BANKING
(In millions of dollars, except as otherwise noted)
​
​
​
​
​
​
​
​
​
​
​
​
​
3Q26 Increase/
​
​
Nine
​
Nine
​
YTD 2026 vs.
​
​
3Q
4Q
1Q
2Q
3Q
(Decrease) from
​
​
Months
​
Months
​
YTD 2025 Increase
​
2025
​
2025
​
2026
​
2026
​
2026
​
2Q26
​
3Q25
​
​
2025
​
2026
​
(Decrease)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Net interest income (including dividends)
​
$
562
$
549
$
587
$
560
$
516
(8%)
(8%)
​
​
$
1,583
​
$
1,663
​
5%
Fee revenue
​
​
​
​
​
​
​
​
Investment banking fees
(1)
​
1,169
1,287
1,232
1,492
1,219
(18%)
4%
​
​
3,331
​
3,943
​
18%
Other
(2)
​
65
60
64
57
57
-
(12%)
​
​
173
​
178
​
3%
Total fee revenue
​
1,234
1,347
1,296
1,549
1,276
(18%)
3%
​
​
3,504
​
4,121
​
18%
Principal transactions
​
(164)
(119)
(38)
(147)
(94)
36%
43%
​
​
(433)
​
(279)
​
36%
All other
​
15
(4)
(78)
(40)
43
NM
187%
​
​
(43)
​
(75)
​
(74%)
Total non-interest revenue
​
1,085
1,224
1,180
1,362
1,225
(10%)
13%
​
​
3,028
​
3,767
​
24%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total revenues, net of interest expense
​
1,647
1,773
1,767
1,922
1,741
(9%)
6%
​
​
4,611
​
5,430
​
18%
Total operating expenses
​
1,139
1,152
1,240
1,212
1,225
1%
8%
​
​
3,310
​
3,677
​
11%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Net credit losses on loans
​
9
25
6
138
43
(69%)
378%
​
​
59
​
187
​
217%
Credit reserve build (release) for loans
​
38
136
175
(19)
(100)
(426%)
NM
​
​
253
​
56
​
(78%)
Provision (release) for credit losses on unfunded lending commitments
​
98
14
(51)
119
95
(20%)
(3%)
​
​
207
​
163
​
(21%)
Provision (release) for credit losses for other assets
​
12
1
2
4
(15)
NM
NM
​
​
25
​
(9)
​
NM
Provision for credit losses
​
157
176
132
242
23
(90%)
(85%)
​
​
544
​
397
​
(27%)
Income (loss) from continuing operations before taxes
​
351
445
395
468
493
5%
40%
​
​
757
​
1,356
​
79%
Income taxes (benefits)
​
84
90
91
117
115
(2%)
37%
​
​
177
​
323
​
82%
Income (loss) from continuing operations
​
267
355
304
351
378
8%
42%
​
​
580
​
1,033
​
78%
NCI
​
(3)
1
-
1
-
(100%)
100%
​
​
(6)
​
1
​
NM
Net income (loss)
​
$
270
$
354
$
304
$
350
$
378
8%
40%
​
​
$
586
​
$
1,032
​
76%
EOP assets (in billions)
​
$
141
$
140
$
154
$
145
$
158
9%
12%
​
​
​
​
​
​
​
​
​
Average assets (in billions)
​
149
146
154
160
159
(1%)
7%
​
​
$
148
​
$
158
​
7%
Efficiency ratio
​
69%
65%
70%
63%
70%
700 bps
100 bps
​
​
72%
​
68%
​
(400) bps
Average allocated TCE (in billions)
(3)
​
$
9.2
$
9.2
$
7.8
$
7.8
$
7.8
-
(15%)
​
​
$
9.2
​
$
7.8
​
(15%)
RoTCE
(3)
​
11.6%
15.3%
15.8%
18.0%
19.2%
120 bps
760 bps
​
​
8.5%
​
17.7%
​
920 bps
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Revenue by line of business
​
​
​
​
​
​
​
​
​
​
Investment Banking
​
$
1,238
$
1,356
$
1,326
$
1,548
$
1,350
(13%)
9%
​
​
$
3,425
​
$
4,224
​
23%
Corporate Lending (excluding gain (loss) on loan hedges)
(4)
​
453
443
391
406
382
(6%)
(16%)
​
​
1,278
​
1,179
​
(8%)
Total Banking revenues (ex-gain (loss) on loan hedges)
(4)
​
1,691
1,799
1,717
1,954
1,732
(11%)
2%
​
​
4,703
​
5,403
​
15%
Gain (loss) on loan hedges
(4)
​
(44)
(26)
50
(32)
9
NM
NM
​
​
(92)
​
27
​
NM
Total Banking revenues including gain (loss) on loan hedges
(4)
​
$
1,647
$
1,773
$
1,767
$
1,922
$
1,741
(9%)
6%
​
​
$
4,611
​
$
5,430
​
18%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Business metrics—investment banking revenues
(5)
​
​
​
​
​
​
​
​
​
​
Advisory
​
$
425
$
649
$
505
$
390
$
406
4%
(4%)
​
​
$
1,258
​
$
1,301
​
3%
Equity underwriting (Equity Capital Markets (ECM))
​
194
219
257
426
343
(19%)
77%
​
​
551
​
1,026
​
86%
Debt underwriting (Debt Capital Markets (DCM))
​
619
488
564
732
601
(18%)
(3%)
​
​
1,616
​
1,897
​
17%
Total
​
$
1,238
$
1,356
$
1,326
$
1,548
$
1,350
(13%)
9%
​
​
$
3,425
​
$
4,224
​
23%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Revenue by managed geography
​
​
​
​
​
​
​
​
​
​
North America
​
$
862
$
1,023
$
1,109
$
1,087
$
947
(13%)
10%
​
​
$
2,384
​
$
3,143
​
32%
International
​
785
750
658
835
794
(5%)
1%
​
​
2,227
​
2,287
​
3%
Total
​
$
1,647
$
1,773
$
1,767
$
1,922
$
1,741
(9%)
6%
​
​
$
4,611
​
$
5,430
​
18%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Key drivers
(6)
(in billions of dollars)
​
​
​
​
​
​
​
​
​
​
Average loans
​
$
81
$
79
$
83
$
88
$
85
(3%)
5%
​
​
$
82
​
$
85
​
4%
NCLs (annualized) as a % of average loans
​
0.04%
0.13%
0.03%
0.63%
0.20%
(43) bps
16 bps
​
​
0.10%
​
0.29%
​
19 bps
ACLL as a % of EOP loans
(7)
​
1.83%
2.04%
2.06%
2.16%
1.89%
(27) bps
6 bps
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
(1)
Investment banking fees are primarily composed of underwriting, advisory, loan syndication structuring, and other related financing activity.
(2)
Primarily includes other non-investment banking fees from customer-driven activities.
(3)
TCE and RoTCE are non-GAAP financial measures. See page 23 for a reconciliation of the summation of the segments' and component’s average allocated TCE to Citigroup's total average TCE and Citi's total average stockholders’ equity.
(4)
Credit derivatives are used to economically hedge a portion of the corporate loan portfolio that includes both accrual loans and loans at fair value. Gain (loss) on loan hedges includes the mark-to-market on the credit derivatives, partially offset by the mark-to-market on the loans in the portfolio that are at fair value. Hedges on accrual loans reflect the mark-to-market on credit derivatives used to economically hedge the corporate loan accrual portfolio. The fixed premium costs of these hedges are netted against the corporate lending revenues to reflect the cost of credit protection. Citigroup’s results of operations excluding the impact of gain (loss) on loan hedges are non-GAAP financial measures.
(5)
Beginning in 2Q26, the investment banking fees metric for Banking was replaced with investment banking revenues. This metric includes investment banking fees, other fee revenue, principal transactions, and net interest income from loans generated from investment banking business activities. Prior-period amounts have been conformed to reflect this change in presentation. Citi believes investment banking revenues provides investors with a more comprehensive measure of investment banking performance.
(6)
Management uses this information in reviewing the segment’s results and believes it is useful to investors concerning underlying segment performance and trends.
(7)
Excludes loans that are carried at fair value for all periods.
​
NM Not meaningful.
Reclassified to conform to the current period’s presentation.
​
Page
7
WEALTH
(In millions of dollars, except as otherwise noted)
​
​
​
​
​
​
​
3Q26 Increase/
​
​
Nine
​
Nine
​
YTD 2026 vs.
​
3Q
​
4Q
​
1Q
​
2Q
​
3Q
​
(Decrease) from
​
​
Months
​
Months
​
YTD 2025 Increase
​
2025
​
2025
​
2026
​
2026
​
2026
​
2Q26
​
3Q25
​
​
2025
​
2026
​
(Decrease)
​
​
​
​
​
​
Net interest income
​
$
1,902
​
$
2,018
​
$
2,095
​
$
2,155
​
$
2,281
​
6%
​
20%
​
​
$
5,564
​
$
6,531
​
17%
Fee revenue
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Commissions and fees
​
494
​
465
​
543
​
587
​
552
​
(6%)
​
12%
​
​
​
1,432
​
​
1,682
​
17%
Other
(1)
​
232
​
238
​
207
​
206
​
213
​
3%
​
(8%)
​
​
​
725
​
​
626
​
(14%)
Total fee revenue
​
726
​
703
​
750
​
793
​
765
​
(4%)
​
5%
​
​
​
2,157
​
​
2,308
​
7%
All other
(2)
​
211
​
141
​
220
​
229
​
223
​
(3%)
​
6%
​
​
​
689
​
​
672
​
(2%)
Total non-interest revenue
​
937
​
844
​
970
​
1,022
​
988
​
(3%)
​
5%
​
​
​
2,846
​
​
2,980
​
5%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total revenues, net of interest expense
​
2,839
​
2,862
​
3,065
​
3,177
​
3,269
​
3%
​
15%
​
​
​
8,410
​
​
9,511
​
13%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total operating expenses
​
2,375
​
2,377
​
2,415
​
2,377
​
2,438
​
3%
​
3%
​
​
​
7,078
​
​
7,230
​
2%
Net credit losses on loans
​
91
​
80
​
88
​
57
​
70
​
23%
​
(23%)
​
​
​
231
​
​
215
​
(7%)
Credit reserve build (release) for loans
​
(16)
​
6
​
13
​
-
​
34
​
NM
​
NM
​
​
​
(17)
​
​
47
​
NM
Provision (release) for credit losses on unfunded lending commitments
​
(1)
​
1
​
-
​
2
​
(2)
​
NM
​
(100%)
​
​
​
(3)
​
​
-
​
100%
Provisions (releases) for benefits and claims (PBC), and other assets
​
(1)
​
-
​
-
​
-
​
-
​
-
​
100%
​
​
​
(5)
​
​
-
​
100%
Provisions for credit losses
​
73
​
87
​
101
​
59
​
102
​
73%
​
40%
​
​
​
206
​
​
262
​
27%
Income from continuing operations before taxes
​
391
​
398
​
549
​
741
​
729
​
(2%)
​
86%
​
​
​
1,126
​
​
2,019
​
79%
Income taxes
​
88
​
99
​
117
​
158
​
144
​
(9%)
​
64%
​
​
​
247
​
​
419
​
70%
Income from continuing operations
​
303
​
299
​
432
​
583
​
585
​
-
​
93%
​
​
​
879
​
​
1,600
​
82%
NCI
​
-
​
-
​
-
​
-
​
-
​
-
​
-
​
​
​
-
​
​
-
​
-
Net income
​
$
303
​
$
299
​
$
432
​
$
583
​
$
585
​
-
​
93%
​
​
$
879
​
$
1,600
​
82%
EOP assets (in billions)
​
$
313
​
$
316
​
$
320
​
$
321
​
$
329
​
2%
​
5%
​
​
​
​
​
​
​
​
​
Average assets (in billions)
​
315
​
325
​
321
​
324
​
330
​
2%
​
5%
​
​
$
307
​
$
325
​
6%
Efficiency ratio
​
84%
​
83%
​
79%
​
75%
​
75%
​
0 bps
​
(900) bps
​
​
​
84%
​
​
76%
​
(800) bps
Average allocated TCE (in billions)
(3)
​
$
15.4
​
$
15.4
​
$
16.2
​
$
16.2
​
$
16.2
​
-
​
5%
​
​
$
15.4
​
$
16.2
​
5%
RoTCE
(3)
​
7.8%
​
7.7%
​
10.8%
​
14.4%
​
14.3%
​
(10) bps
​
650 bps
​
​
​
7.6%
​
​
13.2%
​
560 bps
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Revenue by line of business
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Citigold and Retail Banking
​
$
1,969
​
$
2,010
​
$
2,062
​
$
2,181
​
$
2,275
​
4%
​
16%
​
​
$
5,656
​
$
6,518
​
15%
Private Bank
​
656
​
625
​
757
​
769
​
766
​
-
​
17%
​
​
​
2,051
​
​
2,292
​
12%
Wealth at Work
​
214
​
227
​
246
​
227
​
228
​
-
​
7%
​
​
​
703
​
​
701
​
-
Total
​
$
2,839
​
$
2,862
​
$
3,065
​
$
3,177
​
$
3,269
​
3%
​
15%
​
​
$
8,410
​
$
9,511
​
13%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Revenue by managed geography
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
North America
​
$
1,741
​
$
1,825
​
$
1,893
​
$
1,977
​
$
2,124
​
7%
​
22%
​
​
$
5,204
​
$
5,994
​
15%
International
​
1,098
​
1,037
​
1,172
​
1,200
​
1,145
​
(5%)
​
4%
​
​
​
3,206
​
​
3,517
​
10%
Total
​
$
2,839
​
$
2,862
​
$
3,065
​
$
3,177
​
$
3,269
​
3%
​
15%
​
​
$
8,410
​
$
9,511
​
13%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Key drivers
(4)
(in billions of dollars)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
EOP client balances
​
​
​
​
​
​
​
​
​
​
Client investment assets
(5)(6)(7)
$
660
$
670
$
676
$
727
$
759
4%
15%
​
​
​
​
​
​
​
​
​
Deposits
408
413
418
415
419
1%
3%
​
​
​
​
​
​
​
​
​
Loans
202
204
205
208
210
1%
4%
​
​
​
​
​
​
​
​
​
Total
$
1,270
$
1,287
$
1,299
$
1,350
$
1,388
3%
9%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Net new investment assets (NNIA)
(7)(8)
​
$
18.6
​
$
7.2
​
$
14.7
​
$
15.7
​
$
38.1
​
143%
​
105%
​
​
$
37.1
​
$
68.5
​
85%
Average deposits
​
​
405
​
​
407
​
​
414
​
​
415
​
​
416
​
-
​
3%
​
​
​
401
​
​
415
​
3%
Average loans
201
203
205
206
209
1%
4%
​
​
197
​
207
​
5%
ACLL as a % of EOP loans
(9)
0.33%
0.33%
0.33%
0.33%
0.34%
1 bps
1 bps
​
​
​
​
​
​
​
​
​
NCLs (annualized) as a % of average loans
​
​
0.18%
​
​
0.16%
​
​
0.17%
​
​
0.11%
​
​
0.13%
​
2 bps
​
(5) bps
​
​
​
0.16%
​
​
0.14%
​
(2) bps
U.S. Retail Banking branches (actual)
​
​
653
​
​
655
​
​
655
​
​
655
​
​
655
​
-
​
-
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
(1)
Primarily related to fiduciary and administrative fees.
(2)
Primarily related to principal transactions revenue including FX translation.
(3)
TCE and RoTCE are non-GAAP financial measures. See page 23 for a reconciliation of the summation of the segments’ and component’s average allocated TCE to Citigroup's total average TCE and Citi’s total average stockholders’ equity.
(4)
Management uses this information in reviewing the segment’s results and believes it is useful to investors concerning underlying segment performance and trends.
(5)
Includes assets under management, and trust and custody assets.
(6)
Beginning in 1Q26, Client investment assets include an additional approximate $10 billion associated with the value of client insurance policies that were not previously reported.
(7)
September 30, 2026 is preliminary.
(8)
Represents investment asset inflows, including dividends, interest and distributions, less investment asset outflows.
(9)
Excludes loans that are carried at fair value for all periods.
​
NM Not meaningful.
Reclassified to conform to the current period's presentation.
​
Page
8
U.S. CONSUMER CARDS (USCC)
(1)
(In millions of dollars, except as otherwise noted)
​
3Q26 Increase/
​
​
Nine
​
Nine
​
YTD 2026 vs.
3Q
4Q
1Q
2Q
3Q
(Decrease) from
​
​
Months
​
Months
​
YTD 2025 Increase
​
2025
​
2025
​
2026
​
2026
​
2026
​
2Q26
​
3Q25
​
​
2025
​
2026
​
(Decrease)
​
​
​
​
​
​
​
​
​
Net interest income
$
5,124
$
5,143
$
5,116
$
5,180
$
5,422
5%
6%
​
​
$
15,026
​
$
15,718
​
5%
Fee revenue
​
​
​
​
​
​
​
​
​
Interchange fees
2,448
2,526
2,404
2,740
2,738
-
12%
​
​
​
7,192
​
​
7,882
​
10%
Card rewards and partner payments
(3,031)
(3,215)
(2,897)
(3,563)
(3,692)
(4%)
(22%)
​
​
​
(8,860)
​
​
(10,152)
​
(15%)
Other
(2)
114
114
112
160
173
8%
52%
​
​
​
313
​
​
445
​
42%
Total fee revenue
(469)
(575)
(381)
(663)
(781)
(18%)
(67%)
​
​
​
(1,355)
​
​
(1,825)
​
(35%)
All other
(3)
1
(4)
22
4
23
475%
NM
​
​
​
23
​
​
49
​
113%
Total non-interest revenue
(468)
(579)
(359)
(659)
(758)
(15%)
(62%)
​
​
​
(1,332)
​
​
(1,776)
​
(33%)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total revenues, net of interest expense
4,656
4,564
4,757
4,521
4,664
3%
-
​
​
​
13,694
​
​
13,942
​
2%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total operating expenses
1,644
1,794
1,711
1,794
1,682
(6%)
2%
​
​
​
4,961
​
​
5,187
​
5%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Net credit losses on loans
1,741
1,739
1,742
1,850
1,670
(10%)
(4%)
​
​
​
5,551
​
​
5,262
​
(5%)
Credit reserve build (release) for loans
55
(117)
76
40
207
418%
276%
​
​
​
(124)
​
​
323
​
NM
Provision (release) for credit losses on unfunded lending commit.
(4)
-
-
272
(272)
-
100%
-
​
​
​
-
​
​
-
​
-
Provisions for benefits and claims (PBC), and other assets
3
2
2
-
1
NM
(67%)
​
​
​
7
​
​
3
​
(57%)
Provisions for credit losses and for PBC
1,799
1,624
2,092
1,618
1,878
16%
4%
​
​
​
5,434
​
​
5,588
​
3%
Income from continuing operations before taxes
1,213
1,146
954
1,109
1,104
-
(9%)
​
​
​
3,299
​
​
3,167
​
(4%)
Income taxes
284
262
222
257
253
(2%)
(11%)
​
​
​
774
​
​
732
​
(5%)
Income from continuing operations
929
884
732
852
851
-
(8%)
​
​
​
2,525
​
​
2,435
​
(4%)
NCI
-
-
-
-
-
-
-
​
​
​
-
​
​
-
​
-
Net income
$
929
$
884
$
732
$
852
$
851
-
(8%)
​
​
$
2,525
​
$
2,435
​
(4%)
EOP assets (in billions)
$
171
$
178
$
171
$
182
$
183
1%
7%
​
​
​
​
​
​
​
​
​
Average assets (in billions)
171
173
172
178
182
2%
6%
​
​
$
169
​
$
177
​
5%
Efficiency ratio
35%
39%
36%
40%
36%
(400) bps
100 bps
​
​
​
36%
​
​
37%
​
100 bps
Average allocated TCE (in billions)
(5)
$
20.3
$
20.3
$
15.5
$
15.5
$
15.5
-
(24%)
​
​
$
20.3
​
$
15.5
​
(24%)
RoTCE
(5)
18.2%
17.3%
19.2%
22.0%
21.8%
(20) bps
360 bps
​
​
​
16.6%
​
​
21.0%
​
440 bps
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Key drivers
(6)
(in billions)
​
​
​
​
​
​
​
​
​
Average loans
$
171
$
172
$
171
$
177
$
181
2%
6%
​
​
$
169
​
$
176
​
4%
ACLL as a % of EOP loans
8.09%
7.74%
8.09%
7.68%
7.77%
9 bps
(32) bps
​
​
​
​
​
​
​
​
​
NCLs (annualized) as a % of average loans
​
​
4.05%
​
​
4.00%
​
​
4.12%
​
​
4.19%
​
​
3.66%
​
(53) bps
​
(39) bps
​
​
​
4.39%
​
​
3.99%
​
(40) bps
Revenue rate
(7)
​
​
10.80%
​
​
10.53%
​
​
11.28%
​
​
10.25%
​
​
10.22%
​
(3) bps
​
(58) bps
​
​
​
10.83%
​
​
10.59%
​
(24) bps
NII
(8)
(annualized) as a % of average loans
11.89%
11.86%
12.13%
11.74%
11.88%
14 bps
(1) bps
​
​
​
11.89%
​
​
11.94%
​
5 bps
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
(1)
3Q26 and 2Q26 results, balances and metrics include the impact from the additional American Airlines co-branded card portfolio onboarded during 2Q26.
(2)
Primarily related to annual fees, net of new-account acquisition costs.
(3)
Primarily related to revenue incentives from card networks.
(4)
1Q26 includes a reserve build related to Citi's forward purchase commitment of the additional American Airlines co-branded card portfolio. This was released from unfunded lending commitments in 2Q26 and re-established as a reserve for the loans that were acquired.
(5)
TCE and RoTCE are non-GAAP financial measures. See page 23 for a reconciliation of the summation of the segments’ and component’s average allocated TCE to Citigroup's total average TCE and Citi’s total average stockholders' equity.
(6)
Management uses this information in reviewing the segment’s results and believes it is useful to investors concerning underlying segment performance and trends.
(7)
Total revenues, net of interest expense (annualized) as a % of average loans.
(8)
Net interest income includes certain fees that are recorded as interest revenue.
​
NM Not meaningful.
Reclassified to conform to the current period’s presentation.
​
Page
9
USCC
Metrics
​
​
​ ​ ​
​
​ ​ ​
​
​ ​ ​
​
​ ​ ​
​
​ ​ ​
​
​ ​ ​
3Q26 Increase/
​
​
​
3Q
​
4Q
​
1Q
​
2Q
​
3Q
​
(Decrease) from
​
Key drivers
(1)(2)
(in billions of dollars, except as otherwise noted)
​
2025
​
2025
​
2026
​
2026
​
2026
​
2Q26
​ ​ ​
3Q25
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
New credit cards account acquisitions (in thousands)
(3)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
General Purpose Credit Cards (GPCC)
(4)
​
1,872
​
2,115
​
​
1,899
​
​
4,004
​
​
1,840
​
(54%)
​
(2%)
​
Private Label Credit Cards (PLCC)
(5)
​
1,339
​
1,572
​
​
1,043
​
​
1,372
​
​
1,241
​
(10%)
​
(7%)
​
Average active accounts (in thousands)
(6)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
GPCC
​
​
44,968
​
​
45,754
​
​
46,218
​
​
47,446
​
​
47,913
​
1%
​
7%
​
PLCC
​
​
23,277
​
​
23,049
​
​
22,465
​
​
21,718
​
​
21,379
​
(2%)
​
(8%)
​
Credit card spend volume
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
GPCC
​
$
144.5
​
$
152.4
​
$
141.5
​
$
162.3
​
$
162.9
​
-
​
13%
​
PLCC
​
12.6
​
13.9
​
10.5
​
13.2
​
12.1
​
(8%)
​
(4%)
​
Average loans
(7)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
GPCC
​
$
136.8
​
$
138.6
​
$
138.6
​
$
144.9
​
$
148.7
​
3%
​
9%
​
PLCC
​
​
30.0
​
29.8
​
28.9
​
28.3
​
28.1
​
(1%)
​
(6%)
​
Installment Lending
​
​
3.7
​
3.9
​
3.8
​
3.8
​
4.0
​
5%
​
8%
​
EOP loans
(7)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
GPCC
​
$
137.7
​
$
143.2
​
$
138.7
​
$
149.2
​
$
150.3
​
1%
​
9%
​
PLCC
​
29.8
​
30.5
​
28.3
​
28.4
​
27.6
​
(3%)
​
(7%)
​
Installment Lending
​
​
3.8
​
​
3.8
​
​
3.8
​
​
3.8
​
​
4.1
​
8%
​
8%
​
NCLs as a % of average loans
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
GPCC
​
​
3.85%
​
​
3.78%
​
​
3.87%
​
​
4.01%
​
​
3.51%
​
(50) bps
​
(34) bps
​
PLCC
​
​
4.67%
​
​
4.77%
​
​
5.05%
​
​
4.79%
​
​
4.19%
​
(60) bps
​
(48) bps
​
Installment Lending
​
​
6.43%
​
​
6.00%
​
​
6.19%
​
​
6.54%
​
​
5.65%
​
(89) bps
​
(78) bps
​
Loans 90+ days past due as a % of EOP loans
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
GPCC
​
​
1.27%
​
​
1.32%
​
​
1.39%
​
​
1.21%
​
​
1.21%
​
0 bps
​
(6) bps
​
PLCC
​
​
2.08%
​
​
2.13%
​
​
2.15%
​
​
1.92%
​
​
1.92%
​
0 bps
​
(16) bps
​
Installment Lending
​
​
0.58%
​
​
0.58%
​
​
0.55%
​
​
0.53%
​
​
0.54%
​
1 bps
​
(4) bps
​
Loans 30-89 days past due as a % of EOP loans
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
GPCC
​
​
1.21%
​
​
1.23%
​
​
1.20%
​
​
1.17%
​
​
1.16%
​
(1) bps
​
(5) bps
​
PLCC
​
​
2.07%
​
​
1.99%
​
​
1.98%
​
​
1.84%
​
​
1.96%
​
12 bps
​
(11) bps
​
Installment Lending
​
​
1.26%
​
​
1.37%
​
​
1.42%
​
​
1.24%
​
​
1.24%
​
0 bps
​
(2) bps
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
(1)
Management uses this information in reviewing the segment’s results and believes it is useful to investors concerning underlying segment performance and trends.
(2)
3Q26 and 2Q26 results, balances and metrics include the impact from the additional American Airlines co-branded card portfolio onboarded during 2Q26.
(3)
Represents the number of new credit card accounts opened or acquired.
(4)
General Purpose Credit Cards (GPCC). Consists of consumer credit cards that operate on established payment networks and are accepted by a wide variety of merchants and service providers.
(5)
Private Label Credit Cards (PLCC). Consists of consumer credit cards that are issued for use with a specific retailer or its affiliates and are limited to purchases of that retailer’s goods and services.
(6)
Represent average open credit card accounts on which there has been a purchase, payment or outstanding balance in the quarter.
(7)
GPCC and PLCC average loans, EOP loans, and the related consumer delinquency amounts and ratios include interest and fees receivables balances.
​
Reclassified to conform to the current period's presentation.
​
​
Page
10
ALL OTHER—MANAGED BASIS
(1)(2)(3)
(In millions of dollars, except as otherwise noted)
​
​
​
​
​
​
​
​
​
​
​
​
​
3Q26 Increase/
​
​
Nine
​
Nine
​
YTD 2026 vs.
​ ​ ​
3Q
​ ​ ​
4Q
​ ​ ​
1Q
​ ​ ​
2Q
​ ​ ​
3Q
​ ​ ​
(Decrease) from
​
​
Months
​
Months
​
YTD 2025 Increase
2025
2025
​
2026
2026
2026
2Q26
3Q25
​
​
2025
​ ​ ​
2026
​ ​ ​
(Decrease)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Net interest income
​
$
1,351
​
$
1,144
​
$
1,003
​
$
937
​
$
1,018
​
9%
(25%)
​
​
$
4,077
​
$
2,958
​
(27%)
Non-interest revenue
(4)
​
​
120
​
​
(1,352)
​
​
679
​
​
800
​
​
414
​
(48%)
245%
​
​
​
573
​
​
1,893
​
230%
Total revenues, net of interest expense
​
​
1,471
​
​
(208)
​
​
1,682
​
​
1,737
​
​
1,432
​
(18%)
(3%)
​
​
​
4,650
​
​
4,851
​
4%
Total operating expenses
(5)(6)(7)(8)(9)
​
​
2,169
​
​
2,026
​
​
2,144
​
​
2,220
​
​
1,874
​
(16%)
(14%)
​
​
​
6,672
​
​
6,238
​
(7%)
Net credit losses on loans
​
​
297
​
​
341
​
​
371
​
​
366
​
​
433
​
18%
46%
​
​
​
809
​
​
1,170
​
45%
Credit reserve build (release) for loans
​
​
16
​
​
75
​
​
13
​
​
61
​
​
19
​
(69%)
19%
​
​
​
159
​
​
93
​
(42%)
Provision (release) for credit losses on unfunded lending commitments
​
​
(6)
​
​
2
​
​
(3)
​
​
(2)
​
​
-
​
100%
100%
​
​
​
(13)
​
​
(5)
​
62%
Provisions for benefits and claims (PBC), other assets and HTM debt securities
​
​
24
​
​
31
​
​
19
​
​
13
​
​
80
​
NM
233%
​
​
​
109
​
​
112
​
3%
Provisions for credit losses and for PBC
​
​
331
​
​
449
​
​
400
​
​
438
​
​
532
​
21%
61%
​
​
​
1,064
​
​
1,370
​
29%
Income (loss) from continuing operations before taxes
​
​
(1,029)
​
​
(2,683)
​
​
(862)
​
​
(921)
​
​
(974)
​
(6%)
5%
​
​
​
(3,086)
​
​
(2,757)
​
11%
Income taxes (benefits)
​
​
(277)
​
​
(410)
​
​
(474)
​
​
(160)
​
​
(165)
​
(3%)
40%
​
​
​
(922)
​
​
(799)
​
13%
Income (loss) from continuing operations
​
​
(752)
​
​
(2,273)
​
​
(388)
​
​
(761)
​
​
(809)
​
(6%)
(8%)
​
​
​
(2,164)
​
​
(1,958)
​
10%
Income (loss) from discontinued operations, net of taxes
​
​
(1)
​
​
(1)
​
​
(1)
​
​
-
​
​
-
​
-
100%
​
​
​
(2)
​
​
(1)
​
50%
NCI
​
​
3
​
​
16
​
​
105
​
​
162
​
​
146
​
(10%)
NM
​
​
​
(2)
​
​
413
​
NM
Net income (loss)
​
$
(756)
​
$
(2,290)
$
(494)
​
$
(923)
​
$
(955)
​
(3%)
(26%)
​
​
$
(2,164)
​
$
(2,372)
​
(10%)
EOP assets (in billions)
​
$
211
​
$
210
​
$
204
​
$
239
​
$
198
​
(17%)
​
(6%)
​
​
​
​
​
​
​
​
​
Average assets (in billions)
​
209
​
202
​
208
​
​
209
​
​
204
​
(2%)
​
(2%)
​
​
$
209
​
$
206
​
(1%)
Efficiency ratio
​
147%
​
(974%)
​
127%
​
​
128%
​
​
131%
​
NM
​
NM
​
​
​
143%
​
​
129%
​
NM
Average allocated TCE (in billions)
(10)
​
$
40.9
​
$
39.0
​
$
39.8
​
$
39.7
​
$
39.3
​
(1%)
​
(4%)
​
​
$
39.4
​
$
39.6
​
1%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Revenue by line of business
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Mexico Consumer/SBMM
​
$
1,722
​
$
1,775
​
$
2,054
​
$
1,991
​
$
2,027
​
2%
​
18%
​
​
$
4,725
​
$
6,072
​
29%
Asia Consumer
(4)(11)
​
149
​
(1,434)
​
105
​
77
​
23
​
(70%)
​
(85%)
​
​
​
439
​
​
205
​
(53%)
Legacy Holdings Assets (LHA)
​
-
​
(12)
​
2
​
(15)
​
(203)
​
NM
​
NM
​
​
​
19
​
​
(216)
​
NM
Corporate/Other
​
(400)
​
(537)
​
(479)
​
(316)
​
(415)
​
(31%)
​
(4%)
​
​
​
(533)
​
​
(1,210)
​
(127%)
Total
​
$
1,471
​
$
(208)
​
$
1,682
​
$
1,737
​
$
1,432
​
(18%)
​
(3%)
​
​
$
4,650
​
$
4,851
​
4%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Mexico Consumer/SBMM—key indicators
(in billions of dollars)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
EOP loans
​
$
28.5
​
$
30.0
​
$
30.6
​
$
32.0
​
$
32.2
​
1%
​
13%
​
​
​
​
​
​
​
​
​
EOP deposits
​
​
40.6
​
​
43.8
​
​
43.8
​
​
46.0
​
​
44.3
​
(4%)
​
9%
​
​
​
​
​
​
​
​
​
Average loans
​
​
27.2
​
​
29.2
​
​
30.7
​
​
31.7
​
​
32.7
​
3%
​
20%
​
​
​
25.5
​
​
31.7
​
24%
NCLs as a % of average loans (Mexico Consumer only)
​
​
5.46%
​
​
5.91%
​
​
6.37%
​
​
6.13%
​
​
6.68%
​
55 bps
​
122 bps
​
​
​
5.42%
​
​
6.40%
​
98 bps
Loans 90+ days past due as a % of EOP loans (Mexico Consumer only)
​
​
1.60%
​
​
1.72%
​
​
1.71%
​
​
1.79%
​
​
1.73%
​
(6) bps
​
13 bps
​
​
​
​
​
​
​
​
​
Loans 30-89 days past due as a % of EOP loans (Mexico Consumer only)
​
​
1.58%
​
​
1.59%
​
​
1.64%
​
​
1.59%
​
​
1.70%
​
11 bps
​
12 bps
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Asia Consumer—key indicators
(in billions of dollars)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
EOP loans
​
$
2.7
​
$
2.5
​
$
2.2
​
$
2.1
​
$
2.2
​
5%
​
(19%)
​
​
​
​
​
​
​
​
​
EOP deposits
​
1.3
​
​
1.1
​
​
0.9
​
​
0.8
​
​
0.8
​
-
​
(38%)
​
​
​
​
​
​
​
​
​
Average loans
​
2.8
​
​
2.6
​
​
2.4
​
​
2.2
​
​
2.2
​
-
​
(21%)
​
​
​
3.8
​
​
2.3
​
(39%)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Legacy Holdings Assets—key indicators
(in billions of dollars)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
EOP loans
​
$
1.8
​
$
1.8
​
$
1.7
​
$
1.1
​
$
0.9
​
(18%)
​
(50%)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
(1)
Includes Legacy Franchises (see page 12 for details) and certain unallocated costs of global staff functions (including finance, risk, human resources, legal and compliance-related costs), other corporate expenses, and unallocated global operations and technology expenses and income taxes, as well as Corporate Treasury investment activities and discontinued operations. The results of operations, as well as certain disclosed balance sheet information, for Mexico Consumer/SBMM are presented on a managerial view and include certain intercompany allocations, managerial charges, and offshore expenses that reflect the Mexico Consumer/SBMM operations as a component of Citi’s consolidated operations. The Mexico Consumer/SBMM results are therefore not intended to reflect, and may differ (significantly) from, Banamex’s results and operations as a standalone legal entity.
(2)
Reflects results on a managed basis, which excludes divestiture-related impacts related to Citi's divestitures of its Asia consumer banking businesses and Mexico Consumer/SBMM within Legacy Franchises. See page 14 for additional information.
(3)
Certain of the results of operations of All Other—managed basis are non-GAAP financial measures. See page 14 for additional information.
(4)
In 4Q25, Citigroup recognized an approximate $1.2 billion loss recorded in revenue (approximately $1.1 billion after-tax) related to the loss on sale of the announced move to held-for-sale of AO Citibank (Russia). The sale closed on February 18, 2026. The loss on sale consists of (($1.556) billion) (($1.506) billion after-tax) in Legacy Franchises and (($32) million) in Corporate/Other, partially offset by $356 million in Services, $19 million in Markets and $40 million in Banking. The only tax impact ($50 million tax benefit) was recorded in Legacy Franchises. For additional information, see Citi's Form 8-K filed on December 29, 2025.
(5)
See footnote 2 on page 14.
(6)
See footnote 3 on page 14.
(7)
See footnote 4 on page 14.
(8)
See footnote 5 on page 14.
(9)
See footnote 6 on page 14.
(10)
TCE is a non-GAAP financial measure. See page 23 for a reconciliation of the summation of the segments' and component's average allocated TCE.
(11)
Asia Consumer includes revenues from the Poland and Russia consumer banking businesses.
​
NM Not meaningful.
Reclassified to conform to the current period's presentation.
​
​
Page
11
ALL OTHER—MANAGED BASIS
(1)(2)
Legacy Franchises
(3)
(In millions of dollars, except as otherwise noted)
​
​
​
​
​
​
​
​
​
​
​
​
​
3Q26 Increase/
​
​
Nine
​
Nine
​
YTD 2026 vs.
​
​
3Q
​
4Q
​
1Q
​
2Q
​
3Q
​
(Decrease) from
​
​
Months
​
Months
​
YTD 2025 Increase
​
​
2025
​
2025
​
2026
​
2026
​
2026
​
2Q26
​
3Q25
​
​
2025
​
2026
​
(Decrease)
Net interest income
​ ​ ​
$
1,338
​ ​ ​
$
1,379
​ ​ ​
$
1,479
​ ​ ​
$
1,484
​ ​ ​
$
1,263
​ ​ ​
(15%)
​ ​ ​
(6%)
​
​
$
3,776
​ ​ ​
$
4,226
​ ​ ​
12%
Non-interest revenue
(4)
​
​
533
​
​
(1,050)
​
​
682
​
​
569
​
​
584
​
3%
​
10%
​
​
​
1,407
​
​
1,835
​
30%
Total revenues, net of interest expense
​
​
1,871
​
​
329
​
​
2,161
​
​
2,053
​
​
1,847
​
(10%)
​
(1%)
​
​
​
5,183
​
​
6,061
​
17%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total operating expenses
(5)(6)(7)(8)(9)
​
​
1,320
​
​
1,222
​
​
1,324
​
​
1,243
​
​
1,182
​
(5%)
​
(10%)
​
​
​
3,941
​
​
3,749
​
(5%)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Net credit losses on loans
​
​
297
​
​
341
​
​
371
​
​
366
​
​
433
​
18%
​
46%
​
​
​
809
​
​
1,170
​
45%
Credit reserve build (release) for loans
​
​
16
​
​
75
​
​
13
​
​
61
​
​
19
​
(69%)
​
19%
​
​
​
159
​
​
93
​
(42%)
Provision (release) for credit losses on unfunded lending commitments
​
​
(6)
​
​
2
​
​
(3)
​
​
(2)
​
​
-
​
100%
​
100%
​
​
​
(13)
​
​
(5)
​
62%
Provisions for benefits and claims (PBC), other assets and HTM debt securities
​
​
20
​
​
29
​
​
28
​
​
15
​
​
78
​
420%
​
290%
​
​
​
101
​
​
121
​
20%
Provisions for credit losses and for PBC
​
​
327
​
​
447
​
​
409
​
​
440
​
​
530
​
20%
​
62%
​
​
​
1,056
​
​
1,379
​
31%
Income (loss) from continuing operations before taxes
​
​
224
​
​
(1,340)
​
​
428
​
​
370
​
​
135
​
(64%)
​
(40%)
​
​
​
186
​
​
933
​
402%
Income taxes (benefits)
​
​
66
​
​
147
​
​
137
​
​
120
​
​
57
​
(53%)
​
(14%)
​
​
​
36
​
​
314
​
NM
Income (loss) from continuing operations
​
​
158
​
​
(1,487)
​
​
291
​
​
250
​
​
78
​
(69%)
​
(51%)
​
​
​
150
​
​
619
​
313%
NCI
​
​
3
​
​
9
​
​
114
​
​
159
​
​
152
​
(4%)
​
NM
​
​
​
(5)
​
​
425
​
NM
Net income (loss)
​
$
155
​
$
(1,496)
​
$
177
​
$
91
​
$
(74)
​
NM
​
NM
​
​
$
155
​
$
194
​
25%
EOP assets (in billions)
​
$
86
​
$
86
​
$
87
​
$
87
​
$
86
​
(1%)
​
-
​
​
​
​
​
​
​
​
​
Average assets (in billions)
​
​
85
​
​
87
​
​
88
​
​
90
​
​
89
​
(1%)
​
5%
​
​
$
81
​
$
89
​
10%
Efficiency ratio
​
​
71%
​
​
371%
​
​
61%
​
​
61%
​
​
64%
​
NM
​
NM
​
​
​
76%
​
​
62%
​
NM
Average allocated TCE (in billions)
(10)
​
$
5.1
​
$
5.1
​
$
5.7
​
$
5.7
​
$
5.7
​
-
​
12%
​
​
$
5.1
​
$
5.7
​
12%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Revenue by line of business
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Mexico Consumer/SBMM
(3)
​
$
1,722
​
$
1,775
​
$
2,054
​
$
1,991
​
$
2,027
​
2%
​
18%
​
​
$
4,725
​
$
6,072
​
29%
Asia Consumer
(4)(11)
​
​
149
​
​
(1,434)
​
​
105
​
​
77
​
​
23
​
(70%)
​
(85%)
​
​
​
439
​
​
205
​
(53%)
Legacy Holdings Assets (LHA)
​
​
-
​
​
(12)
​
​
2
​
​
(15)
​
​
(203)
​
NM
​
NM
​
​
​
19
​
​
(216)
​
NM
Total
​
$
1,871
​
$
329
​
$
2,161
​
$
2,053
​
$
1,847
​
(10%)
​
(1%)
​
​
$
5,183
​
$
6,061
​
17%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Mexico Consumer/SBMM
(3)
—key indicators
(in billions of dollars)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
EOP loans
​
$
28.5
​
$
30.0
​
$
30.6
​
$
32.0
​
$
32.2
​
1%
​
13%
​
​
​
​
​
​
​
​
​
EOP deposits
​
​
40.6
​
​
43.8
​
​
43.8
​
​
46.0
​
​
44.3
​
(4%)
​
9%
​
​
​
​
​
​
​
​
​
Average loans
​
​
27.2
​
​
29.2
​
​
30.7
​
​
31.7
​
​
32.7
​
3%
​
20%
​
​
​
25.5
​
​
31.7
​
24%
NCLs as a % of average loans (Mexico Consumer only)
​
​
5.46%
​
​
5.91%
​
​
6.37%
​
​
6.13%
​
​
6.68%
​
55 bps
​
122 bps
​
​
​
5.42%
​
​
6.40%
​
98 bps
Loans 90+ days past due as a % of EOP loans (Mexico Consumer only)
​
​
1.60%
​
​
1.72%
​
​
1.71%
​
​
1.79%
​
​
1.73%
​
(6) bps
​
13 bps
​
​
​
​
​
​
​
​
​
Loans 30-89 days past due as a % of EOP loans (Mexico Consumer only)
​
​
1.58%
​
​
1.59%
​
​
1.64%
​
​
1.59%
​
​
1.70%
​
11 bps
​
12 bps
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Asia Consumer—key indicators
(in billions of dollars)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
EOP loans
​
$
2.7
​
$
2.5
​
$
2.2
​
$
2.1
​
$
2.2
​
5%
​
(19%)
​
​
​
​
​
​
​
​
​
EOP deposits
​
​
1.3
​
​
1.1
​
​
0.9
​
​
0.8
​
​
0.8
​
-
​
(38%)
​
​
​
​
​
​
​
​
​
Average loans
​
​
2.8
​
​
2.6
​
​
2.4
​
​
2.2
​
​
2.2
​
-
​
(21%)
​
​
​
3.8
​
​
2.3
​
(39%)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Legacy Holdings Assets—key indicators
(in billions of dollars)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
EOP loans
​
$
1.8
​
$
1.8
​
$
1.7
​
$
1.1
​
$
0.9
​
(18%)
​
(50%)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
(1)
Reflects results on a managed basis, which excludes divestiture-related impacts related to Citi's divestitures of its Asia consumer banking businesses and Mexico Consumer/SBMM within Legacy Franchises. See page 14 for additional information. The results of operations, as well as certain disclosed balance sheet information, for Mexico Consumer/SBMM are presented on a managerial view and include certain intercompany allocations, managerial charges, and offshore expenses that reflect the Mexico Consumer/SBMM operations as a component of Citi’s consolidated operations. The Mexico Consumer/SBMM results are therefore not intended to reflect, and may differ (significantly) from, Banamex’s results and operations as a standalone legal entity.
(2)
Certain of the results of operations of All Other—managed basis are non-GAAP financial measures. See page 14 for additional information.
(3)
Legacy Franchises consists of the consumer franchises in 13 markets across Asia, Poland and Russia that Citi has exited or intends to exit (collectively Asia Consumer); Mexico Consumer/SBMM (consists of Mexico consumer banking (Mexico Consumer) and Small Business and Middle-Market Banking (SBMM), collectively (Mexico Consumer/SBMM)); and Legacy Holdings Assets (North America consumer mortgage loans and other legacy assets).
(4)
In 4Q25, Citigroup recognized an approximate $1.2 billion loss recorded in revenue (approximately $1.1 billion after-tax) related to the loss on sale of the announced move to held-for-sale of AO Citibank (Russia). The sale closed on February 18, 2026. The loss on sale consists of (($1.556) billion) (($1.506) billion after-tax) in Legacy Franchises and (($32) million) in Corporate/Other, partially offset by $356 million in Services, $19 million in Markets and $40 million in Banking. The only tax impact ($50 million tax benefit) was recorded in Legacy Franchises. For additional information, see Citi's Form 8-K filed on December 29, 2025.
(5)
See footnote 2 on page 14.
(6)
See footnote 3 on page 14.
(7)
See footnote 4 on page 14.
(8)
See footnote 5 on page 14.
(9)
See footnote 6 on page 14.
(10)
TCE is a non-GAAP financial measure. See page 23 for a reconciliation of the summation of the segments' and component's average allocated TCE.
(11)
Asia Consumer includes revenues from the Poland and Russia consumer banking businesses.
​
NM Not meaningful.
Reclassified to conform to the current period's presentation.
​
​
Page
12
ALL OTHER
Corporate/Other
(1)
(In millions of dollars, except as otherwise noted)
​
3Q26 Increase/
Nine
Nine
YTD 2026 vs.
3Q
4Q
1Q
2Q
3Q
(Decrease) from
​
​
Months
​
Months
​
YTD 2025 Increase
2025
2025
2026
2026
2026
2Q26
​
3Q25
​
​
2025
​
2026
​
(Decrease)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Net interest income
$
13
$
(235)
$
(476)
$
(547)
$
(245)
55%
NM
​
​
$
301
​
$
(1,268)
​
NM
Non-interest revenue
(413)
(302)
(3)
231
(170)
NM
59%
​
​
(834)
​
58
​
NM
Total revenues, net of interest expense
(400)
(537)
(479)
(316)
(415)
(31%)
(4%)
​
​
(533)
​
(1,210)
​
(127%)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total operating expenses
849
804
820
977
692
(29%)
(18%)
​
​
2,731
​
2,489
​
(9%)
Provisions
(releases) for other assets, HTM debt securities and other
4
2
(9)
(2)
2
NM
(50%)
​
​
8
​
(9)
​
NM
Income (loss) from continuing operations before taxes
(1,253)
(1,343)
(1,290)
(1,291)
(1,109)
14%
11%
​
​
(3,272)
​
(3,690)
​
(13%)
Income taxes (benefits)
(343)
(557)
(611)
(280)
(222)
21%
35%
​
​
(958)
​
(1,113)
​
(16%)
Income (loss) from continuing operations
(910)
(786)
(679)
(1,011)
(887)
12%
3%
​
​
(2,314)
​
(2,577)
​
(11%)
Income (loss) from discontinued operations, net of taxes
(1)
(1)
(1)
-
-
-
100%
​
​
(2)
​
(1)
​
50%
NCI
-
7
(9)
3
(6)
NM
NM
​
​
3
​
(12)
​
NM
Net income (loss)
$
(911)
$
(794)
$
(671)
$
(1,014)
$
(881)
13%
3%
​
​
$
(2,319)
​
$
(2,566)
​
(11%)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
EOP assets (in billions)
$
125
$
124
$
117
$
152
$
112
(26%)
(10%)
​
​
​
​
​
​
​
Average allocated TCE (in billions)
(2)
35.8
33.9
34.1
34.0
33.6
(1%)
(6%)
​
​
$
34.3
​
$
35.8
​
4%
​
​
​
​
​
​
​
​
​
​
(1) Includes certain unallocated costs of global staff functions (including finance, risk, human resources, legal and compliance-related costs), other corporate expenses and unallocated global operations and technology expenses and income taxes, as well as Corporate Treasury investment activities and discontinued operations.
(2) TCE is a non-GAAP financial measure. See page 23 for a reconciliation of the summation of the segments' and component's average allocated TCE.
NM Not meaningful.
Reclassified to conform to the current period's presentation.
​
Page
13
ALL OTHER
Divestiture-Related Impacts
(Reconciling Items)
(1)
(In millions of dollars, except as otherwise noted)
3Q26 Increase/
​
​
Nine
​
Nine
​
YTD 2026 vs.
3Q
4Q
1Q
2Q
3Q
(Decrease) from
​
​
Months
​
Months
​
YTD 2025 Increase
​
2025
​
2025
​
2026
​
2026
​
2026
​
2Q26
​
3Q25
​
​
2025
​
2026
​
(Decrease)
​
​
​
​
​
​
​
​
​
Net interest income
$
-
$
-
$
-
$
-
$
-
-
-
​
​
$
-
​
$
-
​
-
Non-interest revenue
2
(1)
13
20
12
(40%)
500%
​
​
​
(175)
​
​
45
​
NM
Total revenues, net of interest expense
2
(1)
13
20
12
(40%)
500%
​
​
​
(175)
​
​
45
​
NM
Total operating expenses
(2)(3)(4)(5)(6)
766
40
31
25
7
(72%)
(99%)
​
​
​
837
​
​
63
​
(92%)
Net credit losses on loans
(3)
(2)
1
(2)
-
100%
100%
​
​
​
2
​
​
(1)
​
NM
Credit reserve build (release) for loans
-
1
-
-
-
-
-
​
​
​
(11)
​
​
-
​
100%
Provision (release) for credit losses on unfunded lending commitments
-
-
-
-
-
-
-
​
​
​
-
​
​
-
​
-
Provisions for benefits and claims (PBC), other assets and HTM debt securities
-
-
-
-
-
-
-
​
​
​
-
​
​
-
​
-
Provisions for credit losses and for PBC
(3)
(1)
1
(2)
-
100%
100%
​
​
​
(9)
​
​
(1)
​
89%
Income (loss) from continuing operations before taxes
(761)
(40)
(19)
(3)
5
NM
NM
​
​
​
(1,003)
​
​
(17)
​
98%
Income taxes (benefits)
16
70
(7)
(1)
(1)
-
NM
​
​
​
(31)
​
​
(9)
​
71%
Income (loss) from continuing operations
(777)
(110)
(12)
(2)
6
NM
NM
​
​
​
(972)
​
​
(8)
​
99%
Income (loss) from discontinued operations, net of taxes
-
-
-
-
-
-
-
​
​
​
-
​
​
-
​
-
NCI
-
-
-
-
-
-
-
​
​
-
​
-
​
-
Net income (loss)
$
(777)
$
(110)
$
(12)
$
(2)
$
6
NM
NM
​
​
$
(972)
​
$
(8)
​
99%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
(1)
Reconciling Items consist of the divestiture-related impacts excluded from the results of All Other, as well as All Other-Legacy Franchises on a managed basis. The Reconciling Items are fully reflected in Citi's Consolidated Statement of Income on page 2 for each respective line item.
(2)
3Q25 includes approximately $766 million in operating expenses (approximately $744 million after-tax), driven by a goodwill impairment charge in Mexico ($726 million ($714 million after-tax)) and separation costs in Mexico. For additional information, see Citi's Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2025.
(3)
4Q25 includes approximately $40 million in operating expenses (approximately $28 million after-tax), primarily related to separation costs in Mexico. For additional information, see Citi's Annual Report on Form 10-K for the year ended December 31, 2025.
(4)
1Q26 includes approximately $31 million in operating expenses (approximately $23 million after-tax), primarily related to separation costs in Mexico. For additional information, see Citi's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2026.
(5)
2Q26 includes approximately $25 million in operating expenses (approximately $18 million after-tax), primarily related to separation costs in Mexico. For additional information, see Citi's Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2026.
(6)
3Q26 includes approximately $7 million in operating expenses (approximately $6 million after-tax), largely related to separation costs in Mexico.
​
NM Not meaningful.
Reclassified to conform to the current period's presentation.
​
Page
14
AVERAGE BALANCES AND INTEREST RATES
(1)(2)(3)(4)
Taxable Equivalent Basis
(In millions of dollars, except as otherwise noted)
​
Average Volumes
Interest
% Average Rate
(4)
​ ​ ​
3Q25
​ ​ ​
2Q26
​ ​ ​
3Q26
(5)
​ ​ ​
3Q25
​ ​ ​
2Q26
​ ​ ​
3Q26
(5)
​ ​ ​
3Q25
​ ​ ​
2Q26
​ ​ ​
3Q26
(5)
Assets
Deposits with banks
$
332,245
$
359,133
$
361,153
$
3,435
$
3,375
$
3,514
4.10%
3.77%
3.86%
Securities borrowed and purchased under resale agreements
(6)
357,804
440,589
464,076
7,003
6,852
7,196
7.77%
6.24%
6.15%
Trading account assets
(7)
523,334
559,737
568,225
5,289
6,112
5,215
4.01%
4.38%
3.64%
Investments
449,689
453,144
471,185
4,177
4,098
4,539
3.69%
3.63%
3.82%
Consumer loans
396,333
410,349
416,849
10,150
10,156
10,649
10.16%
9.93%
10.14%
Corporate loans
328,686
374,696
391,700
5,263
5,502
5,905
6.35%
5.89%
5.98%
Total loans (net of unearned income)
(8)
725,019
785,045
808,549
15,413
15,658
16,554
8.43%
8.00%
8.12%
Other interest-earning assets
83,974
113,683
103,152
1,400
1,595
1,774
6.61%
5.63%
6.82%
Total average interest-earning assets
$
2,472,065
$
2,711,331
$
2,776,340
$
36,717
$
37,690
$
38,792
5.89%
5.58%
5.54%
​
​
​
​
Liabilities
​
​
​
​
Deposits
$
1,180,367
$
1,295,173
$
1,323,057
$
9,163
$
8,747
$
9,210
3.08%
2.71%
2.76%
Securities loaned and sold under repurchase agreements
(6)
401,821
449,213
475,798
7,356
6,713
6,978
7.26%
5.99%
5.82%
Trading account liabilities
(7)
107,815
131,577
141,490
755
788
897
2.78%
2.40%
2.52%
Short-term borrowings and other interest-bearing liabilities
147,175
189,438
174,829
1,933
2,046
2,267
5.21%
4.33%
5.14%
Long-term debt
(9)
187,340
176,982
188,347
2,543
2,243
2,431
5.39%
5.08%
5.12%
Total average interest-bearing liabilities
$
2,024,518
$
2,242,383
$
2,303,521
$
21,750
$
20,537
$
21,783
4.26%
3.67%
3.75%
​
​
​
​
​
​
Net interest income as a % of average interest-earning assets (NIM)
(9)
$
14,967
$
17,153
$
17,009
2.40%
2.54%
2.43%
3Q26 increase (decrease) from:
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
3 bps
​
(11) bps
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
(1)
Interest income and Net interest income include the taxable equivalent adjustments (based on the U.S. federal statutory tax rate of 21%) of $27 million for 3Q25, $28 million for 2Q26 and $27 million for 3Q26.
(2)
Citigroup average balances and interest rates include both domestic and international operations.
(3)
Monthly averages have been used by certain subsidiaries where daily averages are unavailable.
(4)
Average rate percentage is calculated as annualized interest over average volumes.
(5)
3Q26 is preliminary.
(6)
Average volumes of securities borrowed or purchased under agreements to resell and securities loaned or sold under agreements to repurchase are reported net pursuant to FIN 41; the related interest excludes the impact of ASU 2013-01 (Topic 210).
(7)
Interest expense on Trading account liabilities of Services, Markets, and Banking is reported as a reduction of Interest income. Interest income and Interest expense on cash collateral positions are reported in Trading account assets and Trading account liabilities, respectively.
(8)
Nonperforming loans are included in the average loan balances.
(9)
Excludes hybrid financial instruments with changes in fair value recorded in Principal transactions revenue.
​
Reclassified to conform to the current period's presentation.
​
​
Page
15
END-OF-PERIOD LOANS
(1)(2)
(In billions of dollars)
​
​
​ ​ ​
​
​ ​ ​
​
​ ​ ​
​
​ ​ ​
​
​ ​ ​
​
​ ​ ​
3Q26 Increase/
​
​
3Q
​
4Q
​
1Q
​
2Q
​
3Q
​
(Decrease) from
​
​
2025
​
2025
​
2026
​
2026
​
2026
​
2Q26
​ ​ ​
3Q25
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Corporate loans by region
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
North America
​
$
150.1
​
$
155.2
​
$
163.6
​
$
174.8
​
$
184.1
​
5%
​
23%
International
​
185.2
​
188.5
​
195.6
​
202.3
​
217.2
​
7%
​
17%
Total corporate loans
​
$
335.3
​
$
343.7
​
$
359.2
​
$
377.1
​
$
401.3
​
6%
​
20%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Corporate loans by segment and reporting unit
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Services
​
$
99.4
​
$
99.5
​
$
101.5
​
$
106.6
​
$
103.8
​
(3%)
​
4%
Markets
​
149.7
​
159.4
​
​
165.2
​
​
182.5
​
​
203.5
​
12%
​
36%
Banking
​
78.8
​
77.2
​
​
84.6
​
​
79.8
​
​
85.5
​
7%
​
9%
All Other—Legacy Franchises—Mexico SBMM
(3)
​
7.4
​
7.6
​
​
7.9
​
​
8.2
​
​
8.5
​
4%
​
15%
Total corporate loans
​
$
335.3
​
$
343.7
​
$
359.2
​
$
377.1
​
$
401.3
​
6%
​
20%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Wealth by region
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
North America
​
$
148.2
​
$
150.2
​
$
150.4
​
$
151.9
​
$
152.0
​
-
​
3%
International
​
53.5
​
54.1
​
54.6
​
56.2
​
57.6
​
2%
​
8%
Total
​
$
201.7
​
$
204.3
​
$
205.0
​
$
208.1
​
$
209.6
​
1%
​
4%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
USCC
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
GPCC
​
$
137.7
​
$
143.2
​
$
138.7
​
$
149.2
​
$
150.3
​
1%
​
9%
PLCC
​
​
29.8
​
​
30.5
​
​
28.3
​
​
28.4
​
​
27.6
​
(3%)
​
(7%)
Installment Lending
​
​
3.8
​
​
3.8
​
​
3.8
​
​
3.8
​
​
4.1
​
8%
​
8%
Total
​
$
171.3
​
$
177.5
​
$
170.8
​
$
181.4
​
$
182.0
​
-
​
6%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
All Other—Consumer
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Mexico Consumer
​
$
21.2
​
$
22.5
​
$
22.8
​
$
23.9
​
$
23.7
​
(1%)
​
12%
Asia Consumer
​
​
2.7
​
​
2.5
​
2.2
​
2.1
​
2.2
​
5%
​
(19%)
Legacy Holdings Assets (LHA)
​
​
1.7
​
​
1.7
​
1.6
​
1.0
​
0.9
​
(10%)
​
(47%)
Total
​
$
25.6
​
$
26.7
​
$
26.6
​
$
27.0
​
$
26.8
​
(1%)
​
5%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total consumer loans
​
$
398.6
​
$
408.5
​
$
402.4
​
$
416.5
​
$
418.4
​
-
​
5%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total loans—EOP
​
$
733.9
​
$
752.2
​
$
761.6
​
$
793.7
$
819.7
​
3%
12%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total loans—average
​
$
725.0
​
$
736.7
​
$
755.2
​
$
785.0
$
808.6
​
3%
12%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
NCLs as a % of total average loans
​
1.21%
​
1.18%
​
1.19%
​
1.23%
1.09%
​
(14) bps
(12) bps
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
(1)
Corporate loans include loans managed by Services, Markets, Banking, and All Other—Legacy Franchises—Mexico SBMM.
(2)
Consumer loans include loans managed by USCC, Wealth, and All Other—Legacy Franchises (other than Mexico SBMM).
(3)
Includes Legacy Franchises corporate loans activity related to Mexico SBMM, as well as other LHA corporate loans.
​
NM Not meaningful.
Reclassified to conform to the current period's presentation.
​
​
Page
16
END-OF-PERIOD DEPOSITS
(In billions of dollars)
​
3Q26 Increase/
3Q
4Q
1Q
2Q
3Q
(Decrease) from
​ ​ ​
2025
​ ​ ​
2025
​ ​ ​
2026
​ ​ ​
2026
​ ​ ​
2026
​ ​ ​
2Q26
​ ​ ​
3Q25
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Services, Markets, and Banking by region (institutional)
North America
$
428.3
$
452.9
$
478.5
$
518.1
$
531.8
3%
24%
International
483.1
481.3
499.3
504.3
501.5
(1%)
4%
Total
$
911.4
$
934.2
$
977.8
$
1,022.4
$
1,033.3
1%
13%
​
​
​
​
Treasury and Trade Solutions
$
740.0
$
779.4
$
804.5
$
828.2
$
846.0
2%
14%
Securities Services
151.3
138.4
155.2
174.6
166.6
(5%)
10%
Services
$
891.3
$
917.8
$
959.7
$
1,002.8
$
1,012.6
1%
14%
Markets
19.3
16.0
17.7
19.1
20.3
6%
5%
Banking
0.8
0.4
0.4
0.5
0.4
(20%)
(50%)
Total
$
911.4
$
934.2
$
977.8
$
1,022.4
$
1,033.3
1%
13%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Wealth
​
​
​
​
North America
$
278.5
$
285.6
$
285.8
$
279.7
$
283.4
1%
2%
International
129.2
126.9
132.1
135.7
135.5
-
5%
Total
$
407.7
$
412.5
$
417.9
$
415.4
$
418.9
1%
3%
​
​
​
​
All Other
​
​
​
​
Legacy Franchises
​
​
​
​
Mexico Consumer
$
29.7
$
33.3
$
32.6
$
34.4
$
33.0
(4%)
11%
Mexico SBMM—corporate
10.9
10.5
11.2
11.6
11.3
(3%)
4%
Asia Consumer
1.3
1.1
0.9
0.8
0.8
-
(38%)
Legacy Holdings Assets (LHA)
(1)
0.1
0.1
0.1
0.1
0.1
-
-
Corporate/Other
22.8
11.9
5.7
7.9
7.9
-
(65%)
Total
$
64.8
$
56.9
$
50.5
$
54.8
$
53.1
(3%)
(18%)
​
​
​
​
Total deposits—EOP
$
1,383.9
$
1,403.6
$
1,446.2
$
1,492.6
$
1,505.3
1%
9%
​
​
​
​
Total deposits—average
$
1,382.2
$
1,422.3
$
1,446.4
$
1,503.5
$
1,528.0
2%
11%
​
(1)
LHA includes deposits from the U.K. consumer banking business.
​
NM Not meaningful.
Reclassified to conform to the current period's presentation.
​
​
Page
17
ALLOWANCE FOR CREDIT LOSSES (ACL) ROLLFORWARD
(In millions of dollars, except ratios)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
ACLL/EOP
​
​
Balance
​
​
Builds (Releases)
​
FY 2025
​
​
Balance
​
​
Builds (Releases)
​
YTD 2026
​
​
Balance
​
Loans
​
​
12/31/24
​
​
1Q25
​
2Q25
​
3Q25
​
4Q25
​
​
FY 2025
​
FX/Other
​
​
12/31/25
​
​
1Q26
​
2Q26
​
3Q26
​
​
YTD 2026
​
FX/Other
(1)
​
​
9/30/26
​
9/30/26
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Allowance for credit losses on loans (ACLL)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Services
​
$
264
​
​
$
24
​
$
53
​
$
(4)
​
$
(18)
​
​
$
55
​
$
8
​
​
$
327
​
​
$
97
​
$
46
​
$
(23)
​
​
$
120
​
$
2
​
​
$
449
​
​
Markets
​
​
1,030
​
​
​
48
​
​
53
​
​
(44)
​
​
(73)
​
​
​
(16)
​
​
13
​
​
​
1,027
​
​
​
23
​
​
71
​
​
62
​
​
​
156
​
​
(4)
​
​
​
1,179
​
​
Banking
​
​
1,167
​
​
​
78
​
​
137
​
​
38
​
​
136
​
​
​
389
​
​
22
​
​
​
1,578
​
​
​
175
​
​
(19)
​
​
(100)
​
​
​
56
​
​
(15)
​
​
​
1,619
​
​
Legacy Franchises corporate (Mexico SBMM
(2)
)
​
​
95
​
​
​
4
​
​
16
​
​
(12)
​
​
6
​
​
​
14
​
​
12
​
​
​
121
​
​
​
4
​
​
10
​
​
(11)
​
​
​
3
​
​
(1)
​
​
​
123
​
​
Total corporate ACLL
​
$
2,556
​
​
$
154
​
$
259
​
$
(22)
​
$
51
​
​
$
442
​
$
55
​
​
$
3,053
​
​
$
299
​
$
108
​
$
(72)
​
​
$
335
​
$
(18)
​
​
$
3,370
​
0.86%
U.S. Cards
​
$
13,560
​
​
$
(169)
​
$
(12)
​
$
44
​
$
(102)
​
​
$
(239)
​
$
3
​
​
$
13,324
​
​
$
78
​
$
41
​
$
213
​
​
$
332
​
$
75
​
​
$
13,731
​
7.72%
Installment lending
​
​
425
​
​
​
(5)
​
​
7
​
​
11
​
​
(15)
​
​
​
(2)
​
​
(1)
​
​
​
422
​
​
​
(2)
​
​
(1)
​
​
(6)
​
​
​
(9)
​
​
-
​
​
​
413
​
​
Total USCC
​
$
13,985
​
​
$
(174)
​
$
(5)
​
$
55
​
$
(117)
​
​
$
(241)
​
$
2
​
​
$
13,746
​
​
$
76
​
$
40
​
$
207
​
​
$
323
​
$
75
​
​
$
14,144
​
​
Wealth
​
​
673
​
​
​
64
​
​
(65)
​
​
(16)
​
​
6
​
​
​
(11)
​
​
7
​
​
​
669
​
​
​
13
​
​
-
​
​
34
​
​
​
47
​
​
-
​
​
​
716
​
​
All Other—consumer
​
​
1,360
​
​
​
58
​
​
54
​
​
28
​
​
70
​
​
​
210
​
​
209
​
​
​
1,779
​
​
​
9
​
​
51
​
​
30
​
​
​
90
​
​
(8)
​
​
​
1,861
​
​
Total consumer ACLL
​
$
16,018
​
​
$
(52)
​
$
(16)
​
$
67
​
$
(41)
​
​
$
(42)
​
$
218
​
​
$
16,194
​
​
$
98
​
$
91
​
$
271
​
​
$
460
​
$
67
​
​
$
16,721
​
4.00%
Total ACLL
​
$
18,574
​
​
$
102
​
$
243
​
$
45
​
$
10
​
​
$
400
​
$
273
​
​
$
19,247
​
​
$
397
​
$
199
​
$
199
​
​
$
795
​
$
49
​
​
$
20,091
​
2.48%
Allowance for credit losses on unfunded lending commitments (ACLUC)
(3)
​
$
1,601
​
​
$
108
​
$
(19)
​
$
100
​
$
13
​
​
$
202
​
$
30
​
​
$
1,833
​
​
$
184
​
$
(97)
​
$
134
​
​
$
221
​
$
(10)
​
​
$
2,044
​
​
Total ACLL and ACLUC
​
​
20,175
​
​
​
210
​
​
224
​
​
145
​
​
23
​
​
​
602
​
​
303
​
​
​
21,080
​
​
​
581
​
​
102
​
​
333
​
​
​
1,016
​
​
39
​
​
​
22,135
​
​
Other
(4)(5)
​
​
2,002
​
​
​
34
​
​
388
​
​
74
​
​
(17)
​
​
​
479
​
​
(2,188)
​
​
​
293
​
​
​
3
​
​
(1)
​
​
(47)
​
​
​
(45)
​
​
(8)
​
​
​
240
​
​
Total ACL
​
$
22,177
​
​
$
244
​
$
612
​
$
219
​
$
6
​
​
$
1,081
​
$
(1,885)
​
​
$
21,373
​
​
$
584
​
$
101
​
$
286
​
​
$
971
​
$
31
​
​
$
22,375
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
(1)
Primarily includes FX translation on the EOP ACL balances.
(2)
See footnote 3 on page 16.
(3)
1Q26 includes a reserve build related to Citi's forward purchase commitment of the additional American Airlines co-branded card portfolio. This was released from unfunded lending commitments in 2Q26 and re-established as a reserve for the loans that were acquired.
(4)
Includes ACL activity on HTM securities and Other assets.
(5)
The decrease in the Other ACL at December 31, 2025 represents the held-for-sale accounting treatment for AO Citibank (Russia), wherein the assets and liabilities of AO Citibank were reclassified to Other assets and Other liabilities.
​
Reclassified to conform to the current period's presentation.
​
Page
18
ALLOWANCE FOR CREDIT LOSSES ON LOANS (ACLL) AND
UNFUNDED LENDING COMMITMENTS (ACLUC)
Page 1
(In millions of dollars)
​
​
​
​
​
​
​
​
​
​
​
​
​
3Q26 Increase/
​
​
Nine
​
Nine
​
YTD 2026 vs.
​
​
3Q
​
4Q
​
1Q
​
2Q
​
3Q
​
(Decrease) from
​
​
Months
​
Months
​
YTD 2025 Increase
​
​ ​
2025
​ ​ ​
2025
​ ​ ​
2026
​ ​ ​
2026
​ ​ ​
2026
​ ​ ​
2Q26
​ ​ ​
​
3Q25
​
​
2025
​ ​ ​
2026
​ ​
(Decrease)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total Citigroup
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Allowance for credit losses on loans (ACLL) at beginning of period
​
$
19,123
​
$
19,206
​
$
19,247
​
$
19,636
​
$
19,961
​
2%
​
​
4%
​
​
$
18,574
​
$
19,247
​
4%
Gross credit (losses) on loans
​
​
(2,726)
​
​
(2,724)
​
​
(2,820)
​
​
(2,981)
​
​
(2,774)
​
7%
​
​
(2%)
​
​
​
(8,375)
​
​
(8,575)
​
(2%)
Gross recoveries on loans
​
​
512
​
​
534
​
​
612
​
​
577
​
​
557
​
(3%)
​
​
9%
​
​
​
1,468
​
​
1,746
​
19%
Net credit (losses) / recoveries on loans (NCLs)
​
​
(2,214)
​
​
(2,190)
​
​
(2,208)
​
​
(2,404)
​
​
(2,217)
​
(8%)
​
​
-
​
​
​
(6,907)
​
​
(6,829)
​
(1%)
Replenishment of NCLs
​
​
2,214
​
​
2,190
​
​
2,208
​
​
2,404
​
​
2,217
​
(8%)
​
​
-
​
​
​
6,907
​
​
6,829
​
(1%)
Net reserve builds / (releases) for loans
​
​
45
​
​
10
​
​
397
​
​
199
​
​
199
​
-
​
​
342%
​
​
​
390
​
​
795
​
104%
Provision for credit losses on loans (PCLL)
​
​
2,259
​
​
2,200
​
​
2,605
​
​
2,603
​
​
2,416
​
(7%)
​
​
7%
​
​
​
7,297
​
​
7,624
​
4%
Other, net
(1)(2)(3)(4)(5)(6)
​
​
38
​
​
31
​
​
(8)
​
​
126
​
​
(69)
​
NM
​
​
NM
​
​
​
242
​
​
49
​
(80%)
ACLL at end of period (a)
​
$
19,206
​
$
19,247
​
$
19,636
​
$
19,961
​
$
20,091
​
1%
​
​
5%
​
​
$
19,206
​
$
20,091
​
5%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Allowance for credit losses on unfunded lending commitments (ACLUC)
(7)(8)
(a)
​
$
1,820
​
$
1,833
​
$
2,013
​
$
1,899
​
$
2,044
​
8%
​
​
12%
​
​
$
1,820
​
$
2,044
​
12%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Provision (release) for credit losses on unfunded lending commitments
(8)
​
$
100
​
$
13
​
$
184
​
$
(97)
​
$
134
​
NM
​
​
34%
​
​
$
189
​
$
221
​
17%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total allowance for credit losses on loans, leases and unfunded lending commitments [sum of (a)]
​
$
21,026
​
$
21,080
​
$
21,649
​
$
21,860
​
$
22,135
​
1%
​
​
5%
​
​
$
21,026
​
$
22,135
​
5%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total ACLL as a % of total loans
(9)
​
​
2.65%
​
​
2.58%
​
​
2.61%
​
​
2.54%
​
​
2.48%
​
(6) bps
​
​
(17) bps
​
​
​
​
​
​
​
​
​
Total NCLs (annualized) as a % of total average loans
​
​
1.21%
​
​
1.18%
​
​
1.19%
​
​
1.23%
​
​
1.09%
​
(14) bps
​
​
(12) bps
​
​
​
1.30%
​
​
1.17%
​
(13) bps
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Consumer
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
ACLL at beginning of period
​
$
16,100
​
$
16,205
​
$
16,194
​
$
16,297
​
$
16,510
​
1%
​
​
3%
​
​
$
16,018
​
$
16,194
​
1%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
NCLs
​
​
(2,122)
​
​
(2,148)
​
​
(2,200)
​
​
(2,270)
​
​
(2,159)
​
(5%)
​
​
2%
​
​
​
(6,584)
​
​
(6,629)
​
1%
Replenishment of NCLs
​
​
2,122
​
​
2,148
​
​
2,200
​
​
2,270
​
​
2,159
​
(5%)
​
​
2%
​
​
​
6,584
​
​
6,629
​
1%
Net reserve builds / (releases) for loans
​
​
67
​
​
(41)
​
​
98
​
​
91
​
​
271
​
198%
​
​
304%
​
​
​
(1)
​
​
460
​
NM
Provision for credit losses on loans (PCLL)
​
​
2,189
​
​
2,107
​
​
2,298
​
​
2,361
​
​
2,430
​
3%
​
​
11%
​
​
​
6,583
​
​
7,089
​
8%
Other, net
(1)(2)(3)(4)(5)(6)
​
​
38
​
​
30
​
​
5
​
​
122
​
​
(60)
​
NM
​
​
NM
​
​
​
188
​
​
67
​
(64%)
ACLL at end of period (b)
​
$
16,205
​
$
16,194
​
$
16,297
​
$
16,510
​
$
16,721
​
1%
​
​
3%
​
​
$
16,205
​
$
16,721
​
3%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Consumer ACLUC
(7)(8)
(b)
​
$
20
​
$
24
​
$
297
​
$
23
​
$
23
​
-
​
​
15%
​
​
$
20
​
$
23
​
15%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Provision (release) for credit losses on unfunded lending commitments
(8)
​
$
(4)
​
$
3
​
$
274
​
$
(274)
​
$
(1)
​
100%
​
​
75%
​
​
$
(8)
​
$
(1)
​
88%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total allowance for credit losses on loans, leases and unfunded lending commitments [sum of (b)]
​
$
16,225
​
$
16,218
​
$
16,594
​
$
16,533
​
$
16,744
​
1%
​
​
3%
​
​
$
16,225
​
$
16,744
​
3%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Consumer ACLL as a % of total consumer loans
​
​
4.07%
​
​
3.96%
​
​
4.05%
​
​
3.96%
​
​
4.00%
​
4 bps
​
​
(7) bps
​
​
​
​
​
​
​
​
​
Consumer NCLs (annualized) as a % of total consumer average loans
​
​
2.12%
​
​
2.12%
​
​
2.21%
​
​
2.22%
​
​
2.06%
​
(16) bps
​
​
(6) bps
​
​
​
2.25%
​
​
2.16%
​
(9) bps
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Corporate
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
ACLL at beginning of period
​
$
3,023
​
$
3,001
​
$
3,053
​
$
3,339
​
$
3,451
​
3%
​
​
14%
​
​
$
2,556
​
$
3,053
​
19%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
NCLs
​
​
(92)
​
​
(42)
​
​
(8)
​
​
(134)
​
​
(58)
​
(57%)
​
​
(37%)
​
​
​
(323)
​
​
(200)
​
(38%)
Replenishment of NCLs
​
​
92
​
​
42
​
​
8
​
​
134
​
​
58
​
(57%)
​
​
(37%)
​
​
​
323
​
​
200
​
(38%)
Net reserve builds / (releases) for loans
​
​
(22)
​
​
51
​
​
299
​
​
108
​
​
(72)
​
NM
​
​
(227%)
​
​
​
391
​
​
335
​
(14%)
Provision for credit losses on loans (PCLL)
​
​
70
​
​
93
​
​
307
​
​
242
​
​
(14)
​
NM
​
​
NM
​
​
​
714
​
​
535
​
(25%)
Other, net
(1)
​
​
-
​
​
1
​
​
(13)
​
​
4
​
​
(9)
​
NM
​
​
NM
​
​
​
54
​
​
(18)
​
NM
ACLL at end of period (c)
​
$
3,001
​
$
3,053
​
$
3,339
​
$
3,451
​
$
3,370
​
(2%)
​
​
12%
​
​
$
3,001
​
$
3,370
​
12%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Corporate ACLUC
(7)
(c)
​
$
1,800
​
$
1,809
​
$
1,716
​
$
1,876
​
$
2,021
​
8%
​
​
12%
​
​
$
1,800
​
$
2,021
​
12%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Provision (release) for credit losses on unfunded lending commitments
​
$
104
​
$
10
​
$
(90)
​
$
177
​
$
135
​
(24%)
​
​
30%
​
​
$
197
​
$
222
​
13%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total allowance for credit losses on loans, leases and unfunded lending commitments [sum of (c)]
​
$
4,801
​
$
4,862
​
$
5,055
​
$
5,327
​
$
5,391
​
1%
​
​
12%
​
​
$
4,801
​
$
5,391
​
12%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Corporate ACLL as a % of total corporate loans
(10)
​
​
0.92%
​
​
0.91%
​
​
0.95%
​
​
0.94%
​
​
0.86%
​
(8) bps
​
​
(6) bps
​
​
​
​
​
​
​
​
​
Corporate NCLs (annualized) as a % of total corporate average loans
​
​
0.11%
​
​
0.05%
​
​
0.01%
​
​
0.14%
​
​
0.06%
​
(8) bps
​
​
(5) bps
​
​
​
0.14%
​
​
0.07%
​
(7) bps
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Footnotes to this table are on the following page (page 20).
Page
19
ALLOWANCE FOR CREDIT LOSSES ON LOANS (ACLL) AND
UNFUNDED LENDING COMMITMENTS (ACLUC)
Page 2
​
​
​
​
The following footnotes relate to the table on the preceding page (page 19):
​
(1)
Includes all adjustments to the allowance for credit losses, such as changes in the allowance from acquisitions, dispositions, securitizations, foreign currency translation (FX translation), purchase accounting adjustments, etc.
(2)
3Q25 primarily relates to FX translation.
(3)
4Q25 primarily relates to FX translation.
(4)
1Q26 primarily relates to FX translation.
(5)
2Q26 includes approximately $78 million related to an acquired portfolio and an increase of approximately $48 million related to FX translation.
(6)
3Q26 primarily relates to FX translation.
(7)
Represents additional credit reserves recorded as other liabilities on the Consolidated Balance Sheet.
(8)
1Q26 includes a reserve build related to Citi's forward purchase commitment of the additional American Airlines co-branded card portfolio. This was released from unfunded lending commitments in 2Q26 and re-established as a reserve for the loans that were acquired.
(9)
Excludes loans that are carried at fair value of $7.9 billion, $6.9 billion, $8.5 billion, $8.2 billion, and $8.5 billion at September 30, 2025, December 31, 2025, March 31, 2026, June 30, 2026, and September 30, 2026, respectively.
(10)
Excludes loans that are carried at fair value of $7.9 billion, $6.8 billion, $8.5 billion, $8.2 billion, and $8.5 billion at September 30, 2025, December 31, 2025, March 31, 2026, June 30, 2026, and September 30, 2026, respectively.
​
NM Not meaningful.
Reclassified to conform to the current period's presentation.
​
​
Page
20
NON-ACCRUAL ASSETS
(In millions of dollars)
​
​
​
​
​
​
​
​
​
​
​
3Q26 Increase/
​
3Q
​
4Q
1Q
2Q
3Q
(Decrease) from
​
2025
​
2025
​
2026
​
2026
​
2026
​
2Q26
​
3Q25
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Corporate non-accrual loans by region
(1)
North America
$
1,280
$
1,145
$
955
$
784
$
778
(1%)
(39%)
International
791
856
1,002
963
954
(1%)
21%
Total
$
2,071
$
2,001
$
1,957
$
1,747
$
1,732
(1%)
(16%)
​
​
Corporate non-accrual loans
(1)
​
​
Banking
$
820
$
919
$
971
$
772
$
797
3%
(3%)
Services
187
337
393
419
416
(1%)
122%
Markets
926
622
472
413
400
(3%)
(57%)
Mexico SBMM
138
123
121
143
119
(17%)
(14%)
Total
$
2,071
$
2,001
$
1,957
$
1,747
$
1,732
(1%)
(16%)
​
​
​
Consumer non-accrual loans
(1)
​
​
​
Wealth
$
886
$
847
$
660
$
728
$
762
5%
(14%)
USCC
22
22
21
20
22
10%
-
Mexico Consumer
526
585
577
631
641
2%
22%
Asia Consumer
16
15
12
13
12
(8%)
(25%)
Legacy Holdings Assets—Consumer
157
149
144
90
85
(6%)
(46%)
Total
$
1,607
$
1,618
$
1,414
$
1,482
$
1,522
3%
(5%)
​
​
​
Total non-accrual loans (NAL)
$
3,678
$
3,619
$
3,371
$
3,229
$
3,254
1%
(12%)
​
​
​
Other real estate owned (OREO)
(2)
$
29
$
22
$
34
$
34
$
68
100%
134%
​
​
​
NAL as a percentage of total loans
0.50%
0.48%
0.44%
0.41%
0.40%
(1) bps
(10) bps
​
ACLL as a percentage of NAL
522%
532%
582%
618%
617%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
(1)
Corporate loans are placed on non-accrual status based on a review by Citigroup's risk officers. Corporate non-accrual loans may still be current on interest payments. With limited exceptions, the following practices are applied for consumer loans: consumer loans, excluding credit cards and mortgages, are placed on non-accrual status at 90 days past due, and are charged off at 120 days past due; residential mortgage loans are placed on non-accrual status at 90 days past due and written down to net realizable value at 180 days past due. Consistent with industry conventions, Citigroup generally accrues interest on credit card loans until such loans are charged off, which typically occurs at 180 days contractual delinquency. As such, the non-accrual loan disclosures do not include credit card loans. The balances above represent non-accrual loans within Consumer loans and Corporate loans on the Consolidated Balance Sheet.
(2)
Represents the carrying value of all property acquired by foreclosure or other legal proceedings when Citigroup has taken possession of the collateral. Also includes former premises and property for use that is no longer contemplated.
​
NM Not meaningful.
Reclassified to conform to the current period's presentation.
​
Page
21
CITIGROUP REGULATORY CAPITAL, RATIOS AND COMPOSITION
(In millions of dollars or shares, except ratios)
​
​
​
​
​
​
​
​
​
​
​
​
​
Sep. 30,
​
Dec. 31,
​
March 31,
​
June 30,
​
September 30,
​
Regulatory Capital, Ratios and Components
​ ​ ​
2025
​ ​ ​
2025
​ ​ ​
2026
​ ​ ​
2026
​ ​ ​
2026
(1)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Risk-Based Capital Metrics
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Standardized Approach
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
CET1 Capital
​
$
158,480
​
$
157,099
​
$
154,729
​
$
157,547
​
$
157,424
​
Tier 1 Capital
​
​
178,793
​
​
179,675
​
​
176,885
​
​
180,941
​
​
179,462
​
Total Capital
​
​
215,365
​
​
216,468
​
​
213,683
​
​
217,595
​
​
214,339
​
Risk-Weighted Assets (RWA)
​
​
1,194,274
​
​
1,192,174
​
​
1,214,025
​
​
1,232,309
​
​
1,231,898
​
CET1 Capital Ratio
​
​
13.27%
(a)
​
13.18%
(a)
​
12.75%
(a)
​
12.78%
(a)
​
12.8%
(a)
Tier 1 Capital Ratio
​
​
14.97%
(a)
​
15.07%
​
​
14.57%
(a)
​
14.68%
(a)
​
14.6%
(a)
Total Capital Ratio
​
​
18.03%
​
​
18.16%
​
​
17.60%
​
​
17.66%
​
​
17.4%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Advanced Approaches
​
​
​
​
​
​
​
​
​
​
​
CET1 Capital
​
$
158,480
​
$
157,099
​
$
154,729
​
$
157,547
​
$
157,424
​
Tier 1 Capital
​
​
178,793
​
​
179,675
​
​
176,885
​
​
180,941
​
​
179,462
​
Total Capital
​
​
206,617
​
​
206,170
​
​
204,606
​
​
208,280
​
​
205,022
​
Risk-Weighted Assets (RWA)
​
​
1,349,747
​
​
1,316,371
​
​
1,323,969
​
​
1,329,505
​
​
1,309,175
​
CET1 Capital Ratio
​
​
11.74%
​
​
11.93%
​
​
11.69%
​
​
11.85%
​
​
12.0%
​
Tier 1 Capital Ratio
​
​
13.25%
​
​
13.65%
(a)
​
13.36%
​
13.61%
​
​
13.7%
​
Total Capital Ratio
​
​
15.31%
(a)
​
15.66%
(a)
​
15.45%
(a)
​
15.67%
(a)
​
15.7%
(a)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
CET1 Capital Composition
​
​
​
​
​
​
​
​
​
​
​
Citigroup common stockholders’ equity
(2)
​
$
194,038
​
$
192,304
​
$
191,478
​
$
192,534
​
$
191,423
​
Add: qualifying noncontrolling interests
​
​
217
​
​
226
​
​
236
​
​
171
​
​
190
​
Regulatory capital adjustments and deductions:
​
​
​
​
​
​
​
​
​
​
​
Less:
​
​
​
​
​
​
​
​
​
​
​
Accumulated net unrealized gains (losses) on cash flow hedges, net of tax
​
​
(116)
​
​
10
​
​
(239)
​
​
(510)
​
​
(1,367)
​
Cumulative unrealized net gain (loss) related to changes in fair value of financial liabilities attributable to own creditworthiness, net of tax
​
​
(1,443)
​
​
(1,919)
​
​
(431)
​
​
(1,638)
​
​
(1,126)
​
Intangible assets:
​
​
​
​
​
​
​
​
​
​
​
Goodwill, net of related deferred tax liabilities (DTLs)
(3)
​
​
17,876
​
​
18,482
​
​
18,373
​
​
18,391
​
​
18,424
​
Identifiable intangible assets other than mortgage servicing rights (MSRs), net of related DTLs
​
​
3,169
​
​
3,135
​
​
3,150
​
​
3,829
​
​
3,751
​
Defined benefit pension plan net assets and other
​
​
1,725
​
​
1,822
​
​
1,730
​
​
1,711
​
​
1,493
​
Deferred tax assets (DTAs) arising from net operating loss, foreign tax credit and general business credit carry-forwards
​
​
10,807
​
​
10,784
​
​
10,465
​
​
10,214
​
​
9,889
​
Excess over 10% / 15% limitations for other DTAs, certain common stock investments and MSRs
(4)
​
​
3,757
​
​
3,117
​
​
3,937
​
​
3,161
​
​
3,125
​
CET1 Capital
​
$
158,480
​
$
157,099
​
$
154,729
​
$
157,547
​
$
157,424
​
​
​
​
​
​
​
​
​
​
​
​
Supplementary Leverage Ratio and Components
​
​
​
​
​
​
​
​
​
​
​
CET1 Capital
​
$
158,480
​
$
157,099
​
$
154,729
​
$
157,547
​
$
157,424
​
Additional Tier 1 Capital (AT1)
(5)
​
​
20,313
​
​
22,576
​
​
22,156
​
​
23,394
​
​
22,038
​
Total Tier 1 Capital (T1C) (CET1 + AT1)
​
$
178,793
​
$
179,675
​
$
176,885
​
$
180,941
​
$
179,462
​
Total Leverage Exposure (TLE)
​
$
3,236,413
​
$
3,276,212
​
$
3,368,515
​
$
3,514,390
​
$
3,593,123
​
Supplementary Leverage ratio (T1C/TLE)
​
​
5.52%
​
​
5.48%
​
​
5.25%
​
​
5.15%
​
​
5.0%
​
​
​
​
​
​
​
​
​
​
​
​
​
(a)
Denotes Cit's binding constraint for each respective quarter.
(1)
September 30, 2026 is preliminary.
(2)
Excludes issuance costs related to outstanding preferred stock in accordance with Federal Reserve Board regulatory reporting requirements.
(3)
Includes goodwill “embedded” in the valuation of significant common stock investments in unconsolidated financial institutions.
(4)
For all periods presented, this deduction relates only to DTAs arising from temporary differences exceeding the 10% limitation.
(5)
Additional Tier 1 Capital primarily includes qualifying noncumulative perpetual preferred stock and qualifying trust preferred securities.
​
Reclassified to conform to the current period's presentation.
​
​
Page
22
TANGIBLE COMMON EQUITY (TCE), COMMON EQUITY, BOOK VALUE
PER SHARE, TANGIBLE BOOK VALUE PER SHARE (TBVPS),
RETURNS ON COMMON EQUITY (RoCE) AND
TANGIBLE COMMON EQUITY (RoTCE)
(In millions of dollars or shares, except per share amounts and ratios)
3Q26 Increase/
​
​
Nine
​
Nine
​
YTD 2026 vs.
3Q
4Q
1Q
2Q
3Q
(Decrease) from
​
​
Months
​
Months
​
YTD 2025 Increase
​ ​ ​
2025
​ ​ ​
2025
​ ​ ​
2026
​ ​ ​
2026
​ ​ ​
2026
​ ​ ​
2Q26
​ ​ ​
3Q25
​
​
2025
​
2026
​
(Decrease)
Tangible Common Equity, Book Value Per Share and Tangible Book Value Per Share
​
​
​
​
​
​
​
​
​
Common stockholders' equity
$
193,973
$
192,241
$
191,409
$
192,465
$
191,359
(1%)
(1%)
​
​
​
​
​
​
​
​
Less:
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Goodwill
19,126
19,098
18,997
19,012
19,072
​
​
​
​
​
​
​
​
​
​
​
Identifiable intangible assets (other than MSRs)
3,582
3,525
3,539
4,216
4,138
​
​
​
​
​
​
​
​
​
​
​
Goodwill and identifiable intangible assets (other than MSRs) related to businesses HFS
-
-
-
-
-
​
​
​
​
​
​
​
​
​
​
​
Tangible common equity (TCE)
(1)
$
171,265
$
169,618
$
168,873
$
169,237
$
168,149
(1%)
(2%)
​
​
​
​
​
​
​
​
​
Common shares outstanding (CSO)
1,789.3
1,747.5
1,705.6
1,677.4
1,655.2
(1%)
(7%)
​
​
​
​
​
​
​
​
​
Book value per share (common equity/CSO)
$
108.41
$
110.01
$
112.22
$
114.74
$
115.61
1%
7%
​
​
​
​
​
​
​
​
​
Tangible book value per share (TCE/CSO)
(1)
$
95.72
$
97.06
$
99.01
$
100.89
$
101.59
1%
6%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Return on Common Equity (RoCE) and Return on Tangible Common Equity (RoTCE)
​
​
​
​
​
​
​
​
​
Net income (loss)
$
3,752
$
2,471
$
5,785
$
5,831
$
5,245
​
​
​
​
$
11,835
​
$
16,861
​
​
Preferred dividends
274
284
305
338
353
​
​
​
​
​
830
​
​
996
​
​
Net income (loss) available to common shareholders
3,478
2,187
5,480
5,493
4,892
​
​
​
​
​
11,005
​
​
15,865
​
​
Average common stockholders' equity
195,471
193,205
192,606
193,160
192,809
-
(1%)
​
​
​
194,296
​
​
192,858
​
(1%)
Less:
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Average goodwill and intangibles
23,169
22,763
23,360
24,105
24,116
​
​
​
23,485
​
​
23,889
​
​
Average TCE
​
$
172,302
​
$
170,442
​
$
169,246
​
$
169,055
​
$
168,693
​
-
​
(2%)
​
​
$
170,811
​
$
168,969
​
(1%)
RoCE
7.1%
4.5%
11.5%
11.4%
10.1%
(130) bps
300 bps
​
​
​
7.6%
​
​
11.0%
​
340 bps
RoTCE
8.0%
5.1%
13.1%
13.0%
11.5%
(150) bps
350 bps
​
​
​
8.6%
​
​
12.6%
​
400 bps
​
​
​
​
​
​
​
​
​
Average TCE
(in billions of dollars)
(1)(2)
​
​
​
​
​
​
​
​
​
Services
$
33.0
$
33.0
$
33.5
$
33.5
$
33.5
-
2%
​
​
$
33.0
​
$
33.5
​
2%
Markets
53.5
53.5
56.4
56.4
56.4
-
5%
​
​
​
53.5
​
​
56.4
​
5%
Banking
9.2
9.2
7.8
7.8
7.8
-
(15%)
​
​
​
9.2
​
​
7.8
​
(15%)
Wealth
15.4
15.4
16.2
16.2
16.2
-
5%
​
​
​
15.4
​
​
16.2
​
5%
USCC
20.3
20.3
15.5
15.5
15.5
-
(24%)
​
​
​
20.3
​
​
15.5
​
(24%)
All Other
40.9
39.0
39.8
39.7
39.3
(1%)
(4%)
​
​
​
39.4
​
​
39.6
​
1%
Total Citi average TCE
$
172.3
$
170.4
$
169.2
$
169.1
$
168.7
-
(2%)
​
​
$
170.8
​
$
169.0
​
(1%)
​
​
​
​
​
​
​
​
​
Add:
​
​
​
​
​
​
​
​
​
Average goodwill
​
$
19.6
​
$
19.2
​
$
19.9
​
$
20.2
​
$
19.9
​
​
​
​
​
​
$
20.7
​
$
22.0
​
​
Average intangible assets (other than MSRs)
​
​
3.6
​
​
3.6
​
​
3.5
​
​
3.9
​
​
4.2
​
​
​
​
​
​
​
2.8
​
​
1.9
​
​
Total Citi average common stockholders' equity
(in billions of dollars)
​
$
195.5
​
$
193.2
​
$
192.6
​
$
193.2
​
$
192.8
​
-
​
(1%)
​
​
$
194.3
​
$
192.9
​
(1%)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Income (loss) available to common shareholders
(in billions of dollars)
(3)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Services
​
$
2.1
​
$
2.5
​
$
2.2
​
$
2.6
​
$
2.6
​
-
​
24%
​
​
$
5.6
​
$
7.4
​
32%
Markets
​
​
1.7
​
​
0.8
​
​
2.6
​
​
2.4
​
​
1.7
​
(29%)
​
-
​
​
​
5.4
​
​
6.7
​
24%
Banking
​
​
0.3
​
​
0.4
​
​
0.3
​
​
0.4
​
​
0.4
​
-
​
33%
​
​
​
0.6
​
​
1.0
​
67%
Wealth
​
​
0.3
​
​
0.3
​
​
0.4
​
​
0.6
​
​
0.6
​
-
​
100%
​
​
​
0.9
​
​
1.6
​
78%
USCC
​
​
0.9
​
​
0.9
​
​
0.7
​
​
0.9
​
​
0.9
​
-
​
-
​
​
​
2.5
​
​
2.4
​
(4%)
All Other—managed basis
(3)
​
​
(1.0)
​
​
(2.6)
​
​
(0.7)
​
​
(1.4)
​
​
(1.3)
​
7%
​
(30%)
​
​
​
(3.0)
​
​
(3.2)
​
(7%)
Reconciling Items—divestiture-related impacts
(4)
​
​
(0.8)
​
​
(0.1)
​
​
-
​
​
-
​
​
-
​
-
​
100%
​
​
​
(1.0)
​
​
-
​
100%
Total Citi income (loss) available to common shareholders
(3)
$
3.5
$
2.2
$
5.5
$
5.5
$
4.9
(11%)
40%
​
​
$
11.0
​
$
15.9
​
45%
​
​
​
​
​
​
​
​
​
RoTCE
(1)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Services
25.0%
30.0%
27.0%
30.9%
31.2%
30 bps
620 bps
​
​
​
22.8%
​
​
29.7%
​
690 bps
Markets
12.6%
6.2%
18.7%
17.0%
12.3%
(470) bps
(30) bps
​
​
​
13.4%
​
​
15.9%
​
250 bps
Banking
11.6%
15.3%
15.8%
18.0%
19.2%
120 bps
760 bps
​
​
​
8.5%
​
​
17.7%
​
920 bps
Wealth
7.8%
7.7%
10.8%
14.4%
14.3%
(10) bps
650 bps
​
​
​
7.6%
​
​
13.2%
​
560 bps
USCC
18.2%
17.3%
19.2%
22.0%
21.8%
(20) bps
360 bps
​
​
​
16.6%
​
​
21.0%
​
440 bps
All Other—managed basis
(3)
(10.0%)
(26.2%)
(8.1%)
(12.8%)
(13.2%)
NM
NM
​
​
​
(10.2%)
​
​
(18.8%)
​
NM
Reconciling Items—divestiture-related impacts
(4)
N/A
N/A
N/A
N/A
N/A
​
​
​
​
​
N/A
​
​
N/A
​
​
Total Citi RoTCE
8.0%
5.1%
13.1%
13.0%
11.5%
(150) bps
350 bps
​
​
8.6%
​
12.6%
​
400 bps
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
(1)
TCE, TBVPS, and RoTCE are non-GAAP financial measures. RoTCE represents annualized net income available to common shareholders as a percentage of average TCE.
(2)
Tangible Common Equity is allocated to each segment based on Citi’s allocation methodology, which incorporates Basel III standardized risk-weighted assets, the global systemically important banks (GSIB) surcharge, and a simulation of TCE in severe stress environments, as well as a leverage component. The allocation methodology, including underlying assumptions and judgments used to allocate TCE,
is periodically reassessed and as a result, the TCE allocated to the segments may change.
(3)
Represents Net income (loss), less Preferred Stock dividends. See table above for dividend amounts.
(4)
Reconciling Items consist of the divestiture-related impacts excluded from the results of All Other, as well as All Other—Legacy Franchises on a managed basis. For a reconciliation of these results, see page 14.
​
NM Not meaningful.
Reclassified to conform to the current period's presentation.
​
Page
23
FX Impact
(In millions of dollars)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
3Q26 Increase/
​
​
Nine
​
Nine
​
YTD 2026 vs.
​
​
3Q
​
4Q
​
1Q
​
2Q
​
3Q
​
(Decrease) from
​
​
Months
​
Months
​
YTD 2025 Increase
​
​ ​
2025
​ ​
2025
​ ​
2026
​ ​
2026
​ ​
2026
​ ​
2Q26
​ ​
3Q25
​
​
2025
​ ​
2026
​ ​
(Decrease)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Foreign currency (FX) translation impact
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total Citigroup
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total revenues—as reported
​
$
22,090
​
$
19,871
​
$
24,633
​
$
24,766
​
$
23,845
​
(4%)
​
8%
​
​
$
65,354
​
$
73,244
​
12%
Impact of FX translation
(1)
​
​
103
​
​
189
​
​
67
​
​
(78)
​
​
-
​
​
​
​
​
​
​
899
​
​
-
​
​
Total revenues—Ex-FX
(1)
​
$
22,193
​
$
20,060
​
$
24,700
​
$
24,688
​
$
23,845
​
(3%)
​
7%
​
​
$
66,253
​
$
73,244
​
11%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total operating expenses—as reported
​
$
14,290
​
$
13,840
​
$
14,311
​
$
14,215
​
$
13,952
​
(2%)
​
(2%)
​
​
$
41,292
​
$
42,478
​
3%
Impact of FX translation
(1)
​
​
152
​
​
104
​
​
(17)
​
​
(11)
​
​
-
​
​
​
​
​
​
​
746
​
​
-
​
​
Total operating expenses—Ex-FX
(1)
​
$
14,442
​
$
13,944
​
$
14,294
​
$
14,204
​
$
13,952
​
(2%)
​
(3%)
​
​
$
42,038
​
$
42,478
​
1%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total provisions for credit losses and PBC—as reported
​
$
2,450
​
$
2,220
​
$
2,805
​
$
2,522
​
$
2,586
​
3%
​
6%
​
​
$
8,045
​
$
7,913
​
(2%)
Impact of FX translation
(1)
​
​
17
​
​
21
​
​
6
​
​
(5)
​
​
-
​
​
​
​
​
​
​
145
​
​
-
​
​
Total provisions for credit losses and PBC—Ex-FX
(1)
​
$
2,467
​
$
2,241
​
$
2,811
​
$
2,517
​
$
2,586
​
3%
​
5%
​
​
$
8,190
​
$
7,913
​
(3%)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total EBIT—as reported
​
$
5,350
​
$
3,811
​
$
7,517
​
$
8,029
​
$
7,307
​
(9%)
​
37%
​
​
$
16,017
​
$
22,853
​
43%
Impact of FX translation
(1)
​
​
(66)
​
​
64
​
​
78
​
​
(62)
​
​
-
​
​
​
​
​
​
​
8
​
​
-
​
​
Total EBIT—Ex-FX
(1)
​
$
5,284
​
$
3,875
​
$
7,595
​
$
7,967
​
$
7,307
​
(8%)
​
38%
​
​
$
16,025
​
$
22,853
​
43%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total EOP Loans—as reported
​
$
734
​
$
752
​
$
762
​
$
794
​
$
820
​
3%
​
12%
​
​
​
​
​
​
​
​
​
Impact of FX translation
(1)
​
​
(2)
​
​
(2)
​
​
(1)
​
​
(1)
​
​
-
​
​
​
​
​
​
​
​
​
​
​
​
​
Total EOP Loans—Ex-FX
(1)
​
$
732
​
$
750
​
$
761
​
$
793
​
$
820
​
3%
​
12%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total EOP Deposits—as reported
​
$
1,384
​
$
1,404
​
$
1,446
​
$
1,493
​
$
1,505
​
1%
​
9%
​
​
​
​
​
​
​
​
​
Impact of FX translation
(1)
​
​
(4)
​
​
(5)
​
​
1
​
​
-
​
​
-
​
​
​
​
​
​
​
​
​
​
​
​
​
Total EOP Deposits—Ex-FX
(1)
​
$
1,380
​
$
1,399
​
$
1,447
​
$
1,493
​
$
1,505
​
1%
​
9%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total Average Loans—as reported
​
$
725
​
$
737
​
$
755
​
$
785
​
$
809
​
3%
​
12%
​
​
$
709
​
$
783
​
10%
Impact of FX translation
(1)
​
​
2
​
​
2
​
​
-
​
​
-
​
​
-
​
​
​
​
​
​
​
7
​
​
-
​
​
Total Average Loans—Ex-FX
(1)
​
$
727
​
$
739
​
$
755
​
$
785
​
$
809
​
3%
​
11%
​
​
$
716
​
$
783
​
9%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total Average Deposits—as reported
​
$
1,382
​
$
1,422
​
$
1,446
​
$
1,504
​
$
1,528
​
2%
​
11%
​
​
$
1,343
​
$
1,493
​
11%
Impact of FX translation
(1)
​
​
2
​
​
4
​
​
(1)
​
​
(1)
​
​
-
​
​
​
​
​
​
​
15
​
​
-
​
​
Total Average Deposits—Ex-FX
(1)
​
$
1,384
​
$
1,426
​
$
1,445
​
$
1,503
​
$
1,528
​
2%
​
10%
​
​
$
1,358
​
$
1,493
​
10%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Legacy Franchises—Mexico Consumer/SBMM
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
All Other—Legacy Franchises (LF) Mexico Consumer/SBMM revenues—as reported
​
$
1,722
​
$
1,775
​
$
2,054
​
$
1,996
​
$
2,032
​
2%
​
18%
​
​
$
4,725
​
$
6,082
​
29%
Impact of FX translation
(1)
​
​
99
​
​
75
​
​
9
​
​
(1)
​
​
-
​
​
​
​
​
​
​
458
​
​
-
​
​
All Other—LF Mexico Consumer/SBMM revenues—Ex-FX
(1)
​
$
1,821
​
$
1,850
​
$
2,063
​
$
1,995
​
$
2,032
​
2%
​
12%
​
​
$
5,183
​
$
6,082
​
17%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
All Other—LF Mexico Consumer/SBMM expenses—as reported
​
$
1,772
​
$
962
​
$
1,181
​
$
1,060
​
$
1,058
​
-
​
(40%)
​
​
$
3,816
​
$
3,299
​
(14%)
Impact of FX translation
(1)
​
​
116
​
​
44
​
​
5
​
​
(1)
​
​
-
​
​
​
​
​
​
​
421
​
​
-
​
​
All Other—LF Mexico Consumer/SBMM expenses—Ex-FX
(1)
​
$
1,888
​
$
1,006
​
$
1,186
​
$
1,059
​
$
1,058
​
-
​
(44%)
​
​
$
4,237
​
$
3,299
​
(22%)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
(1)
Reflects the impact of foreign currency (FX) translation into U.S. dollars applying the third quarter of 2026 average exchange rates for all quarterly periods, and YTD 2026 average exchange rates for nine-months results, with the exception of EOP loans and deposits, which were calculated based on exchange rates as of September 30, 2026. Citi's results excluding the impact of FX translation are non-GAAP financial measures.
​
NM Not meaningful.
Reclassified to conform to the current period's presentation.
​
Page
24
​
Reconciliation of Adjusted Results (Page 1)
(In millions of dollars, except per share amounts and as otherwise noted)
​
​
​
​
​
​
​
​
​
​
​
​
​
3Q26 Increase/
​
​
Nine
​
Nine
​
YTD 2026 vs.
​
​
3Q
​
4Q
​
1Q
​
2Q
​
3Q
​
(Decrease) from
​
​
Months
​
Months
​
YTD 2025 Increase
​
​ ​
2025
​ ​ ​
2025
​ ​ ​
2026
​ ​ ​
2026
​ ​ ​
2026
​ ​ ​
2Q26
​ ​ ​
3Q25
​
​
2025
​ ​ ​
2026
​ ​
(Decrease)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total Citigroup revenues, net interest income (NII) and non-interest revenues (NIR)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total Citigroup revenues—as reported
​
$
22,090
​
$
19,871
​
$
24,633
​
$
24,766
​
$
23,845
​
(4%)
​
8%
​
​
$
65,354
​
$
73,244
​
12%
Less:
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total divestiture-related Impacts on revenues
​
​
2
​
​
(1)
​
​
13
​
​
20
​
​
12
​
​
​
​
​
​
(175)
​
​
45
​
Total Citigroup revenues, excluding divestitures impacts
(*)
​
$
22,088
​
$
19,872
​
$
24,620
​
$
24,746
​
$
23,833
​
(4%)
​
8%
​
​
$
65,529
​
$
73,199
​
12%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total Citigroup revenues—as reported
​
$
22,090
​
$
19,871
​
$
24,633
​
$
24,766
​
$
23,845
​
(4%)
​
8%
​
​
$
65,354
​
$
73,244
​
12%
Less:
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Notable item—Russia HFS accounting treatment loss impact on revenues
(1)
​
​
-
​
​
(1,173)
​
​
-
​
​
-
​
​
-
​
​
​
​
​
​
-
​
​
-
​
Total Citigroup revenues, excluding notable item(s) impact
(*)
​
$
22,090
​
$
21,044
​
$
24,633
​
$
24,766
​
$
23,845
​
(4%)
​
8%
​
​
$
65,354
​
$
73,244
​
12%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total Citigroup net interest income (NII)—as reported
​
$
14,940
​
$
15,665
​
$
15,741
​
$
17,125
​
$
16,982
​
(1%)
​
14%
​
​
$
44,127
​
$
49,848
​
13%
Markets NII
(2)
​
​
2,178
​
​
2,761
​
​
2,797
​
​
4,002
​
​
3,273
​
​
​
​
​
​
​
6,926
​
​
10,072
​
​
Citigroup NII ex-Markets
(*)
​
$
12,762
​
$
12,904
​
$
12,944
​
$
13,123
​
$
13,709
​
4%
​
7%
​
​
$
37,201
​
$
39,776
​
7%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total Citigroup non-interest revenue (NIR)—as reported
​
$
7,150
​
$
4,206
​
$
8,892
​
$
7,641
​
$
6,863
​
(10%)
​
(4%)
​
​
$
21,227
​
$
23,396
​
10%
Markets NIR
(2)
​
​
3,567
​
​
1,848
​
​
4,449
​
​
3,005
​
​
2,840
​
​
​
​
​
​
​
10,874
​
​
10,294
​
​
Citigroup NIR ex-Markets
(*)
​
$
3,583
​
$
2,358
​
$
4,443
​
$
4,636
​
$
4,023
​
(13%)
​
12%
​
​
$
10,353
​
$
13,102
​
27%
Less:
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Notable item—Russia HFS accounting treatment loss impact on revenues
(3)
​
​
-
​
​
(1,192)
​
​
-
​
​
-
​
​
-
​
​
​
​
​
​
​
-
​
​
-
​
​
Citigroup NIR ex-Markets, excluding notable item(s) impact
(*)
​
$
3,583
​
$
3,550
​
$
4,443
​
$
4,636
​
$
4,023
​
(13%)
​
12%
​
​
$
10,353
​
$
13,102
​
27%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total Citigroup operating expenses
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total Citigroup operating expenses—as reported
​
$
14,290
​
$
13,840
​
$
14,311
​
$
14,215
​
$
13,952
​
(2%)
​
(2%)
​
​
$
41,292
​
$
42,478
​
3%
Less:
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Notable item—Mexico goodwill impairment charge impact on operating expenses
(4)
​
​
726
​
​
-
​
​
-
​
​
-
​
​
-
​
​
​
​
​
​
726
​
​
-
​
Total Citigroup operating expenses, excluding notable item(s)
(*)
​
$
13,564
​
$
13,840
​
$
14,311
​
$
14,215
​
$
13,952
​
(2%)
​
3%
​
​
$
40,566
​
$
42,478
​
5%
​
​
​
​
​
​
​
​
​
​
​
​
Total Citigroup revenues—as reported
​
$
22,090
​
$
19,871
​
$
24,633
​
$
24,766
​
$
23,845
​
(4%)
​
8%
​
​
$
65,354
​
$
73,244
​
12%
Total Citigroup operating expenses—as reported
​
14,290
​
13,840
​
14,311
​
14,215
​
13,952
​
(2%)
​
(2%)
​
​
41,292
​
42,478
​
3%
Total Citigroup efficiency ratio—as reported
​
​
64.7%
​
​
69.6%
​
​
58.1%
​
​
57.4%
​
​
58.5%
​
110 bps
​
(620) bps
​
​
​
63.2%
​
​
58.0%
​
(520) bps
Less:
​
​
​
​
​
​
​
​
​
​
​
​
Notable item(s) impact(s) on revenues
(1)
​
​
-
​
​
(1,173)
​
​
-
​
​
-
​
​
-
​
​
​
​
​
​
​
-
​
​
-
​
​
Total Citigroup revenues, excluding notable item(s)
(*)
​
$
22,090
​
$
21,044
​
$
24,633
​
$
24,766
​
$
23,845
​
(4%)
​
8%
​
​
$
65,354
​
$
73,244
​
12%
Less:
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Notable item(s) impact(s) on operating expenses
(4)
​
​
726
​
​
-
​
​
-
​
​
-
​
​
-
​
​
​
​
​
​
726
​
​
-
​
​
Total Citigroup operating expenses, excluding notable item(s)
(*)
​
$
13,564
​
$
13,840
​
$
14,311
​
$
14,215
​
$
13,952
​
(2%)
​
3%
​
​
$
40,566
​
$
42,478
​
5%
Total Citigroup efficiency ratio, excluding notable item(s)
(*)
​
​
61.4%
​
​
65.8%
​
​
58.1%
​
​
57.4%
​
​
58.5%
​
110 bps
​
(290) bps
​
​
​
62.1%
​
​
58.0%
​
(410) bps
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
*
Represents a non-GAAP financial measure.
(1)
See footnote 4 on page 12 for details.
(2)
See page 6 for details.
(3)
See footnote 4 on page 12 for details. The amount on this line adds the $19 million impact for Markets because it is already deducted in the Citigroup ex-Markets NIR number above.
(4)
See footnote 2 on page 14 for details.
​
NM Not meaningful.
Reclassified to conform to the current period's presentation.
​
Page
25
Reconciliation of Adjusted Results (Page 2)
(In millions of dollars, except per share amounts and as otherwise noted)
​
​
​
​
​
​
​
​
​
​
​
​
​
3Q26 Increase/
​
​
Nine
​
Nine
​
YTD 2026 vs.
​
​
3Q
​ ​
4Q
​ ​
1Q
​ ​
2Q
​ ​
3Q
​
(Decrease) from
​
Months
​
Months
​
YTD 2025 Increase
2025
​
2025
2026
2026
2026
2Q26
​ ​ ​
3Q25
​
​
2025
​
2026
​
(Decrease)
Total Citigroup operating expenses
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total Citigroup other operating expenses
(1)
—as reported
$
3,386
$
3,168
$
2,369
$
2,613
$
2,745
5%
(19%)
​
​
$
8,341
​
$
7,727
​
(7%)
Less:
​
​
​
​
​
​
Notable item—Mexico goodwill impairment charge impact on other operating expenses
(2)
726
-
-
-
-
​
​
​
726
​
​
-
​
Total Citigroup other operating expenses, excluding notable item(s)
(*)
$
2,660
$
3,168
$
2,369
$
2,613
$
2,745
5%
3%
​
​
$
7,615
​
$
7,727
​
1%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Notable items adjustments
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total Citigroup net income—as reported
$
3,752
$
2,471
$
5,785
$
5,831
$
5,245
(10%)
40%
​
​
$
11,835
​
$
16,861
​
42%
Less notable items:
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Russia HFS accounting treatment loss impact on net income
(3)
​
-
​
(1,123)
​
-
​
-
​
-
​
​
​
​
-
​
-
​
Mexico goodwill impairment charge impact on net income
(2)
​
​
(714)
​
​
-
​
​
-
​
​
-
​
​
-
​
​
​
​
​
​
​
(714)
​
​
-
​
​
Total Citigroup net income, excluding notable Item(s)
(*)
​
$
4,466
​
$
3,594
​
$
5,785
​
$
5,831
​
$
5,245
​
(10%)
​
17%
​
​
$
12,549
​
$
16,861
​
34%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total Citigroup diluted EPS—as reported
​
$
1.86
​
$
1.19
​
$
3.06
​
$
3.15
​
$
2.85
​
(10%)
​
53%
​
​
$
5.78
​
$
9.07
​
57%
Less:
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Notable item(s)
(2)(3)
​
(0.38)
​
(0.62)
​
-
​
-
​
-
​
​
​
​
(0.37)
​
-
​
Total Citigroup diluted EPS, excluding notable item(s)
(*)
​
$
2.24
​
$
1.81
​
$
3.06
​
$
3.15
​
$
2.85
​
(10%)
​
27%
​
​
$
6.15
​
$
9.07
​
47%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total Citigroup diluted EPS—as reported
​
$
1.86
​
$
1.19
​
$
3.06
​
$
3.15
​
$
2.85
​
(10%)
​
53%
​
​
$
5.78
​
$
9.07
​
57%
Less:
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Notable item—Russia HFS accounting treatment loss impact on net income
(3)
​
-
​
(0.62)
​
-
​
-
​
-
​
​
​
​
​
-
​
​
-
​
Total Citigroup diluted EPS, excluding notable item
(*)
​
$
1.86
​
$
1.81
​
$
3.06
​
$
3.15
​
$
2.85
​
(10%)
​
53%
​
​
$
5.78
​
$
9.07
​
57%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total Citigroup RoCE—as reported
​
​
7.1%
​
​
4.5%
​
​
11.5%
​
​
11.4%
​
​
10.1%
​
(130) bps
​
300 bps
​
​
​
7.6%
​
​
11.0%
​
340 bps
Less:
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Notable item(s)
(2)(3)
​
(140) bps
​
(230) bps
​
0 bps
​
0 bps
​
0 bps
​
​
​
​
​
​
​
(50) bps
​
​
0 bps
​
​
Total Citigroup RoCE, excluding notable items
(*)
​
8.5%
​
6.8%
​
11.5%
​
11.4%
​
10.1%
​
(130) bps
​
160 bps
​
​
​
8.1%
​
​
11.0%
​
290 bps
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total Citigroup RoTCE—as reported
​
​
8.0%
​
​
5.1%
​
​
13.1%
​
​
13.0%
​
​
11.5%
​
(150) bps
​
350 bps
​
​
​
8.6%
​
​
12.6%
​
400 bps
Less:
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Notable item(s)
(2)(3)
​
(170) bps
​
(260) bps
​
0 bps
​
0 bps
​
0 bps
​
​
​
​
​
​
​
(60) bps
​
​
0 bps
​
​
Total Citigroup RoTCE, excluding notable items
(*)
​
9.7%
​
7.7%
​
13.1%
​
13.0%
​
11.5%
​
(150) bps
​
180 bps
​
​
​
9.2%
​
​
12.6%
​
340 bps
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
All Other (managed basis)
(4)(*)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
All Other revenues—managed basis
(*)
​
$
1,471
​
$
(208)
​
$
1,682
​
$
1,737
​
$
1,432
​
(18%)
​
(3%)
​
​
$
4,650
​
$
4,851
​
4%
Add:
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total divestiture-related impacts on revenues
​
2
​
(1)
​
13
​
20
​
12
​
​
​
​
​
​
​
(175)
​
​
45
​
​
All Other revenues—U.S. GAAP
​
$
1,473
​
$
(209)
​
$
1,695
​
$
1,757
​
$
1,444
​
(18%)
​
(2%)
​
​
$
4,475
​
$
4,896
​
9%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
All Other operating expenses—managed basis
(*)
​
$
2,169
​
$
2,026
​
$
2,144
​
$
2,220
​
$
1,874
​
(16%)
​
(14%)
​
​
$
6,672
​
$
6,238
​
(7%)
Add:
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total divestiture-related impacts on operating expenses
(5)
​
766
​
40
​
31
​
25
​
7
​
​
​
​
​
​
​
837
​
​
63
​
​
All Other operating expenses—U.S. GAAP
​
$
2,935
​
$
2,066
​
$
2,175
​
$
2,245
​
$
1,881
​
(16%)
​
(36%)
​
​
$
7,509
​
$
6,301
​
(16%)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
All Other provisions for credit losses—managed basis
(*)
​
$
331
​
$
449
​
$
400
​
$
438
​
$
532
​
21%
​
61%
​
​
$
1,064
​
$
1,370
​
29%
Add:
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total divestiture-related impacts on provisions for credit losses
​
(3)
​
(1)
​
1
​
(2)
​
-
​
​
​
​
​
​
​
(9)
​
​
(1)
​
​
All Other provisions for credit losses—U.S. GAAP
​
$
328
​
$
448
​
$
401
​
$
436
​
$
532
​
22%
​
62%
​
​
$
1,055
​
$
1,369
​
30%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
All Other EBIT—managed basis
(*)
​
$
(1,029)
​
$
(2,683)
​
$
(862)
​
$
(921)
​
$
(974)
​
(6%)
​
5%
​
​
$
(3,086)
​
$
(2,757)
​
11%
Add:
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total divestiture-related impacts on revenues
​
2
​
(1)
​
13
​
20
​
12
​
​
​
​
​
(175)
​
​
45
​
​
Total divestiture-related impacts on operating expenses
(5)
​
​
(766)
​
​
(40)
​
​
(31)
​
​
(25)
​
​
(7)
​
​
​
​
​
​
​
(837)
​
​
(63)
​
​
Total divestiture-related impacts on provisions for credit losses
​
​
3
​
​
1
​
​
(1)
​
​
2
​
​
-
​
​
​
​
​
​
​
9
​
​
1
​
​
All Other EBIT—U.S. GAAP
​
$
(1,790)
​
$
(2,723)
​
$
(881)
​
$
(924)
​
$
(969)
​
(5%)
​
46%
​
​
$
(4,089)
​
$
(2,774)
​
32%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
*
Represents a non-GAAP financial measure.
(1)
Other operating expenses include the following expense line items: Premises and equipment, Professional services, Advertising and marketing, and Other operating expenses.
(2)
See footnote 2 on page 14 for details.
(3)
See footnote 4 on page 12 for details.
(4)
Reflects results on a managed basis, which excludes divestiture-related impacts related to Citi's divestitures of its Asia consumer banking businesses and Mexico Consumer/SBMM within Legacy Franchises. See page 14 for additional information.
(5)
See footnotes 2, 3, 4, 5, and 6 on page 14 for details.
​
NM Not meaningful.
Reclassified to conform to the current period's presentation.
Page
26
Reconciliation of Adjusted Results (Page 3)
(In millions of dollars, except as otherwise noted)
​
3Q26 Increase/
​
​
Nine
​
Nine
​
YTD 2026 vs.
3Q
4Q
1Q
2Q
3Q
(Decrease) from
​
​
Months
​
Months
​
YTD 2025 Increase
​
2025
​
2025
​
2026
​
2026
​
2026
​
2Q26
​
3Q25
2025
​
2026
​
(Decrease)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
All Other (managed basis)
(1)(*)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
All Other net income (loss)—managed basis
$
(756)
$
(2,290)
$
(494)
$
(923)
$
(955)
(3%)
(26%)
​
​
$
(2,164)
​
$
(2,372)
​
(10%)
Add:
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total divestiture-related impacts on revenue
2
​
(1)
​
13
​
20
​
12
​
​
​
​
​
​
​
(175)
​
​
45
​
​
Total divestiture-related impacts on operating expenses
(2)
(766)
​
(40)
​
(31)
​
(25)
​
(7)
​
​
​
​
​
​
​
(837)
​
​
(63)
​
​
Total divestiture-related impacts on provisions for credit losses
3
​
1
​
(1)
​
2
​
-
​
​
​
​
​
​
​
9
​
​
1
​
​
Total divestiture-related impacts on income taxes
(16)
​
(70)
​
7
​
1
​
1
​
​
​
​
​
​
​
31
​
​
9
​
​
All Other net income (loss)—U.S. GAAP
​
$
(1,533)
​
$
(2,400)
​
$
(506)
​
$
(925)
​
$
(949)
​
(3%)
​
38%
​
​
$
(3,136)
​
$
(2,380)
​
24%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Legacy Franchises (LF) (managed basis)
(1)(*)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Legacy Franchises revenues (managed basis)—as reported
$
1,871
$
329
$
2,161
$
2,053
$
1,847
(10%)
(1%)
​
​
$
5,183
​
$
6,061
​
17%
Less:
​
​
​
​
​
​
Notable item—portion of Russia HFS accounting treatment loss impact on LF revenues
(3)
-
(1,556)
-
-
-
​
​
​
-
​
​
-
​
LF revenues, excluding notable item(s) impact
(*)
$
1,871
$
1,885
$
2,161
$
2,053
$
1,847
(10%)
(1%)
​
​
$
5,183
​
$
6,061
​
17%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
LF revenues—managed basis
(*)
​
$
1,871
​
$
329
​
$
2,161
​
$
2,053
​
$
1,847
​
(10%)
​
(1%)
​
​
$
5,183
​
$
6,061
​
17%
Add:
​
​
​
​
​
​
Total divestiture-related impacts on revenues
2
(1)
13
20
12
​
​
​
(175)
​
​
45
​
LF revenues—U.S. GAAP
$
1,873
$
328
$
2,174
$
2,073
$
1,859
(10%)
(1%)
​
​
$
5,008
​
$
6,106
​
22%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
LF operating expenses—managed basis
(*)
​
$
1,320
​
$
1,222
​
$
1,324
​
$
1,243
​
$
1,182
​
(5%)
​
(10%)
​
​
$
3,941
​
$
3,749
​
(5%)
Add:
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total divestiture-related impacts on operating expenses
(2)
​
​
766
​
40
​
31
​
25
​
7
​
​
​
​
​
​
​
837
​
​
63
​
​
LF operating expenses—U.S. GAAP
​
$
2,086
​
$
1,262
​
$
1,355
​
$
1,268
​
$
1,189
​
(6%)
​
(43%)
​
​
$
4,778
​
$
3,812
​
(20%)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
LF provisions for credit losses—managed basis
(*)
​
$
327
​
$
447
​
$
409
​
$
440
​
$
530
​
20%
​
62%
​
​
$
1,056
​
$
1,379
​
31%
Add:
​
​
​
​
​
​
​
​
​
​
Total divestiture-related impacts on provisions for credit losses
(3)
(1)
1
(2)
-
​
​
(9)
​
(1)
​
LF provisions for credit losses—U.S. GAAP
$
324
$
446
$
410
$
438
$
530
21%
64%
​
​
$
1,047
​
$
1,378
​
32%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
LF EBIT—managed basis
(*)
$
224
$
(1,340)
$
428
$
370
$
135
(64%)
(40%)
​
​
$
186
​
$
933
​
402%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Add:
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total divestiture-related impacts on revenue
2
(1)
13
20
12
​
​
​
(175)
​
​
45
​
​
Total divestiture-related impacts on operating expenses
(2)
(766)
(40)
(31)
(25)
(7)
​
​
​
(837)
​
​
(63)
​
​
Total divestiture-related impacts on provisions for credit losses
3
1
(1)
2
-
​
​
​
9
​
​
1
​
​
LF EBIT—U.S. GAAP
$
(537)
$
(1,380)
$
409
$
367
$
140
(62%)
NM
​
​
$
(817)
​
$
916
​
NM
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
LF net income (loss)—managed basis
(*)
​
$
155
​
$
(1,496)
​
$
177
​
$
91
​
$
(74)
​
NM
​
NM
​
​
$
155
​
$
194
​
25%
Add:
​
​
​
​
​
​
​
​
​
​
Total divestiture-related impacts on revenue
2
(1)
13
20
12
​
​
​
​
​
(175)
​
​
45
​
​
Total divestiture-related impacts on operating expenses
(2)
(766)
(40)
(31)
(25)
(7)
​
​
​
​
​
(837)
​
​
(63)
​
Total divestiture-related impacts on provisions for credit losses
3
1
(1)
2
-
​
​
​
​
​
9
​
​
1
​
​
Total divestiture-related impacts on income taxes
(16)
(70)
7
1
1
​
​
​
​
​
31
​
​
9
​
​
LF net income (loss)—U.S. GAAP
$
(622)
$
(1,606)
$
165
$
89
$
(68)
NM
89%
​
​
$
(817)
​
$
186
​
NM
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
*
Represents a non-GAAP financial measure.
(1)
Reflects results on a managed basis, which excludes divestiture-related impacts related to Citi's divestitures of its Asia consumer banking businesses and Mexico Consumer/SBMM within Legacy Franchises. See page 14 for additional information.
(2)
See footnotes 2, 3, 4, 5, and 6 on page 14 for details.
(3)
See footnote 4 on page 12 for details.
​
NM Not meaningful.
Reclassified to conform to the current period’s presentation.
​
​
Page
27
Reconciliation of Adjusted Results (Page 4)
(In millions of dollars, except as otherwise noted)
​
​
​
​
​
​
​
​
​
​
​
​
​
3Q26 Increase/
​
​
Nine
​
Nine
​
YTD 2026 vs.
​
3Q
4Q
1Q
2Q
3Q
(Decrease) from
Months
Months
YTD 2025 Increase
​ ​ ​
2025
​ ​ ​
2025
​ ​ ​
2026
​ ​ ​
2026
​ ​ ​
2026
​ ​ ​
2Q26
​ ​ ​
3Q25
​
​
2025
​ ​ ​
2026
​ ​ ​
(Decrease)
Services
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Services revenues—as reported
$
5,730
$
6,272
$
6,103
$
6,382
$
6,614
4%
15%
​
​
$
16,364
​
$
19,099
​
17%
Less:
​
​
​
​
​
​
Notable item—portion of Russia HFS accounting treatment impact on services revenues
(1)
-
356
-
-
-
​
​
​
-
​
​
-
​
Services revenues, excluding notable item(s) impact
(*)
$
5,730
$
5,916
$
6,103
$
6,382
$
6,614
4%
15%
​
​
$
16,364
​
$
19,099
​
17%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Services non-interest revenue (NIR)—as reported
$
1,907
​
$
2,222
​
$
1,960
​
$
2,091
​
$
2,142
​
2%
12%
​
​
$
5,413
​
$
6,193
​
14%
Less:
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Notable item—portion of Russia HFS accounting treatment impact on services revenues
(1)
​
-
​
356
​
-
​
-
​
-
​
​
​
​
​
​
-
​
​
-
​
​
Services NIR, excluding notable item(s) impact
(*)
​
$
1,907
​
$
1,866
​
$
1,960
​
$
2,091
​
$
2,142
​
2%
12%
​
​
$
5,413
​
$
6,193
​
14%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Banking—Corporate Lending revenues
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Banking—Corporate Lending revenues—as reported
​
$
409
​
$
417
​
$
441
​
$
374
​
$
391
​
5%
(4%)
​
​
$
1,186
​
$
1,206
​
2%
Gain (loss) on loan hedges
(2)
​
(44)
​
(26)
​
50
​
(32)
​
9
​
​
​
​
​
​
(92)
​
27
​
​
Banking—Corporate Lending revenues—excluding gain (loss) on loan hedges
(*)
​
$
453
​
$
443
​
$
391
​
$
406
​
$
382
​
(6%)
(16%)
​
​
$
1,278
​
$
1,179
​
(8%)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
*
Represents a non-GAAP financial measure.
(1)
See footnote 4 on page 12 for details.
(2)
See page 7 for details.
​
NM Not meaningful.
Reclassified to conform to the current period's presentation.
​
​
Page
28
Reconciliation of Adjusted Results (Page 5)
(In millions of dollars, or as otherwise noted)
​
​
​
​
​
​
​
​
​
​
​
​
​
3Q26 Increase/
​
​
Nine
​
Nine
​
YTD 2026 vs.
​
3Q
4Q
1Q
2Q
3Q
(Decrease) from
Months
Months
YTD 2025 Increase
​ ​ ​
2025
​ ​ ​
2025
​ ​ ​
2026
​ ​ ​
2026
​ ​ ​
2026
​ ​ ​
2Q26
​ ​ ​
3Q25
​
​
2025
​ ​ ​
2026
​ ​ ​
(Decrease)
Total Citigroup revenues
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total Citigroup revenues—as reported
$
22,090
$
19,871
$
24,633
$
24,766
$
23,845
(4%)
8%
​
​
$
65,354
​
$
73,244
​
12%
Less:
​
​
​
​
​
​
Total divestiture-related impacts on revenues
2
(1)
13
20
12
​
​
​
(175)
​
​
45
​
Notable item—Russia HFS accounting treatment loss impact on revenues
(2)
-
(1,173)
-
-
-
​
​
​
-
​
​
-
​
Total Citigroup revenues, excluding divestitures impacts and Russia loss
(*)
$
22,088
$
21,045
$
24,620
$
24,746
$
23,833
(4%)
8%
​
​
$
65,529
​
$
73,199
​
12%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total Citigroup operating expenses—as reported
$
14,290
​
$
13,840
​
$
14,311
​
$
14,215
​
$
13,952
​
(2%)
​
(2%)
​
​
$
41,292
​
$
42,478
​
3%
Less:
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total divestiture-related impacts on expenses
(3)
​
​
766
​
​
40
​
​
31
​
​
25
​
​
7
​
​
​
​
​
​
​
837
​
​
63
​
​
FDIC special assessment
(4)
​
​
(47)
​
​
(191)
​
​
-
​
​
-
​
​
-
​
​
​
​
​
​
​
(47)
​
​
-
​
​
Total Citigroup operating expenses, excluding divestitures impacts and FDIC special assessment
(4)(*)
​
$
13,571
​
$
13,991
​
$
14,280
​
$
14,190
​
$
13,945
​
(2%)
​
3%
​
​
$
40,502
​
$
42,415
​
5%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total Citigroup operating expenses—as reported
​
$
14,290
​
$
13,840
​
$
14,311
​
$
14,215
​
$
13,952
​
(2%)
​
(2%)
​
​
$
41,292
​
$
42,478
​
3%
Less:
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Goodwill impairment
(5)
​
726
​
-
​
-
​
-
​
-
​
​
​
​
​
726
​
​
-
​
Total Citigroup operating expenses, excluding goodwill impairment
(*)
​
$
13,564
​
$
13,840
​
$
14,311
​
$
14,215
​
$
13,952
​
(2%)
​
3%
​
​
$
40,566
​
$
42,478
​
5%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total Citigroup RoCE and RoTCE
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total Citigroup RoCE—as reported
​
7.1%
​
4.5%
​
11.5%
​
11.4%
​
10.1%
​
(130) bps
​
300 bps
​
​
​
7.6%
​
​
11.0%
​
340 bps
Less:
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Notable item—Russia HFS accounting treatment loss impact on net income
(2)
​
​
0 bps
​
​
(230) bps
​
​
0 bps
​
​
0 bps
​
​
0 bps
​
​
​
​
​
​
​
0 bps
​
​
0 bps
​
​
Total Citigroup RoCE, excluding notable item
(*)
​
7.1%
​
6.8%
​
11.5%
​
11.4%
​
10.1%
​
(130) bps
​
300 bps
​
​
​
7.6%
​
​
11.0%
​
340 bps
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Total Citigroup RoTCE—as reported
​
8.0%
​
5.1%
​
13.1%
​
13.0%
​
11.5%
​
(150) bps
​
350 bps
​
​
​
8.6%
​
​
12.6%
​
400 bps
Less:
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Notable item—Russia HFS accounting treatment loss impact on net income
(2)
​
0 bps
​
(260) bps
​
0 bps
​
0 bps
​
0 bps
​
​
​
​
​
0 bps
​
​
0 bps
​
​
Total Citigroup RoTCE, excluding notable item
(*)
​
8.0%
​
7.7%
​
13.1%
​
13.0%
​
11.5%
​
(150) bps
​
350 bps
​
​
​
8.6%
​
​
12.6%
​
400 bps
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
*
Represents a non-GAAP financial measure.
(1)
Not used.
(2)
See footnote 4 on page 12 for details.
(3)
See footnotes 2, 3, 4, 5, and 6 on page 14 for details.
(4)
Federal Deposit Insurance Corporation (FDIC) Special Assessment.
(5)
See footnote 2 on page 14 for details.
​
NM Not meaningful.
Reclassified to conform to the current period's presentation.
​
​
Page
29
Reconciliation of Adjusted Results (Page 6)
(In millions of dollars, except as otherwise noted)
​
​
​
​
​
​
​
​
​
​
​
​
​
3Q26 Increase/
​
​
Nine
​
Nine
​
YTD 2026 vs.
​
​
3Q
​
4Q
​
1Q
​
2Q
​
3Q
​
(Decrease) from
​
​
Months
​
Months
​
YTD 2025 Increase
​
​ ​
2025
​ ​ ​
2025
​ ​ ​
2026
​ ​ ​
2026
​ ​ ​
2026
​ ​ ​
2Q26
​ ​ ​
3Q25
​
​
2025
​ ​ ​
2026
​ ​
(Decrease)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Legacy Franchises (LF) exits contribution
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Revenues
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Closed or signed markets revenues—Ex-divestitures
​
$
122
​
$
(1,456)
​
$
77
​
$
54
​
$
(1)
​
NM
​
NM
​
​
$
348
​
$
130
​
(63%)
Add:
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Divestiture-related impacts on closed or signed markets revenues
​
​
2
​
​
(1)
​
​
13
​
​
15
​
​
7
​
​
​
​
​
​
​
(175)
​
​
35
​
​
Closed or signed markets revenues—U.S. GAAP
​
$
124
​
$
(1,457)
​
$
90
​
$
69
​
$
6
​
(91%)
​
(95%)
​
​
$
173
​
$
165
​
(5%)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Mexico Consumer/SBMM revenues—Ex-divestitures
​
$
1,722
​
$
1,775
​
$
2,054
​
$
1,991
​
$
2,027
​
2%
​
18%
​
​
$
4,725
​
$
6,072
​
29%
Add:
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Divestiture-related impacts on Mexico/SBMM
​
-
​
-
​
-
​
5
​
5
​
​
​
​
​
​
-
​
10
​
Mexico Consumer/SBMM revenues—U.S. GAAP
​
$
1,722
​
$
1,775
​
$
2,054
​
$
1,996
​
$
2,032
​
2%
​
18%
​
​
$
4,725
​
$
6,082
​
29%
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Wind-downs/sale/other revenues—Ex-divestitures
​
$
27
​
$
10
​
$
30
​
$
8
​
$
(179)
​
NM
​
NM
​
​
$
110
​
$
(141)
​
NM
Add:
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Divestiture-related impacts on wind-downs/sale/other revenues
​
-
​
-
​
-
​
-
​
-
​
​
​
​
​
-
​
-
​
Wind-downs/sale/other revenues—U.S. GAAP
​
$
27
​
$
10
​
$
30
​
$
8
​
$
(179)
​
NM
​
NM
​
​
$
110
​
$
(141)
​
NM
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Expenses
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Closed or signed markets expenses—Ex-divestitures
​
$
133
​
$
108
​
$
75
​
$
68
​
$
(1)
​
NM
​
NM
​
​
$
429
​
$
142
​
(67%)
Add:
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Divestiture-related impacts on closed or signed markets expenses
​
​
4
​
​
8
​
​
5
​
​
6
​
​
2
​
​
​
​
​
​
​
21
​
​
13
​
​
Closed or signed markets expenses—U.S. GAAP
​
$
137
​
$
116
​
$
80
​
$
74
​
$
1
​
(99%)
​
(99%)
​
​
$
450
​
$
155
​
(66%)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Mexico Consumer/SBMM expenses—Ex-divestitures
​
$
1,013
​
$
928
​
$
1,157
​
$
1,041
​
$
1,054
​
1%
​
4%
​
​
$
3,006
​
$
3,252
​
8%
Add:
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Divestiture-related impacts on Mexico/SBMM
​
​
759
​
​
34
​
​
24
​
​
19
​
​
4
​
​
​
​
​
​
​
810
​
​
47
​
​
Mexico Consumer/SBMM expenses—U.S. GAAP
​
$
1,772
​
$
962
​
$
1,181
​
$
1,060
​
$
1,058
​
-
​
(40%)
​
​
$
3,816
​
$
3,299
​
(14%)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Wind-downs/sale/other expenses—Ex-divestitures
​
$
174
​
$
186
​
$
92
​
$
134
​
$
129
​
(4%)
​
(26%)
​
​
$
506
​
$
355
​
(30%)
Add:
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
Divestiture-related impacts on wind-downs/sale/other expenses
​
​
3
​
​
(2)
​
​
2
​
​
-
​
​
1
​
​
​
​
​
​
​
6
​
​
3
​
​
Wind-downs/sale/other expenses—U.S. GAAP
​
$
177
​
$
184
​
$
94
​
$
134
​
$
130
​
(3%)
​
(27%)
​
​
$
512
​
$
358
​
(30%)
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
NM Not meaningful.
Reclassified to conform to the current period's presentation.
Page
30