Citigroup posts $5.8B profit on 14% revenue growth

Q: What were Citigroup (C) earnings and revenue for the second quarter of 2026?

Citigroup reported net income of $5.8 billion, or $3.15 diluted EPS, on $24.8 billion of revenue in Q2 2026. Revenue grew 14% year over year and net income increased 45%, driven by higher revenues and a lower provision for credit losses.

Q: How did Citigroup (C) profitability and returns change in Q2 2026?

Citigroup’s profitability improved, with ROE at 11.4% and RoTCE at 13.0% in Q2 2026, up from 7.7% and 8.7% a year earlier. The efficiency ratio improved to 57.4% from 62.7%, reflecting revenue growth outpacing expense increases.

Q: Which business segments drove Citigroup (C) growth in the second quarter 2026?

All five businesses contributed, with Services revenue up 18%, Markets up 17%, Banking up 34%, Wealth up 13% and U.S. Consumer Cards up 1% year over year. Services posted its highest-ever quarterly revenue and a RoTCE above 30%.

Q: What capital ratios did Citigroup (C) report for Q2 2026?

Citigroup reported a preliminary Common Equity Tier 1 (CET1) ratio of 12.8% and a Supplementary Leverage Ratio of 5.2% as of June 30, 2026. Book value per share was $114.74 and tangible book value per share was $100.89.

Q: What were Citigroup (C) credit and balance sheet trends in Q2 2026?

End-of-period loans reached $794 billion, up 9% year over year, and deposits were about $1.5 trillion, up 10%. The total allowance for credit losses was $22.2 billion, with a 2.5% reserve-to-funded loans ratio and non-accrual loans of $3.2 billion.

Citigroup Inc. reported strong second-quarter 2026 results, with net income of $5.8 billion, or $3.15 per diluted share, on revenue of $24.8 billion, up 14% from a year earlier.

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8-K

Rhea-AI Filing Summary

Citigroup Inc. reported strong second-quarter 2026 results, with net income of $5.8 billion, or $3.15 per diluted share, on revenue of $24.8 billion, up 14% from a year earlier. Net income rose 45%, driven by higher revenues across all five core businesses and Legacy Franchises and a lower provision for credit losses, partly offset by higher expenses.

Services, Markets, Banking, Wealth and U.S. Consumer Cards all delivered double-digit year-over-year revenue growth, while company-wide loans grew 9% and deposits 10%. Book value per share increased to $114.74 and tangible book value per share to $100.89. Citigroup ended the quarter with a Common Equity Tier 1 ratio of 12.8% and a Supplementary Leverage Ratio of 5.2%. The company returned approximately $5.0 billion to common shareholders via repurchases and dividends, recorded a payout ratio of 92%, launched a $30 billion buyback plan, and expects to raise its planned dividend by 12%.

Positive

Net income rose 45% to $5.8 billion on $24.8 billion of revenue, which increased 14% year over year, reflecting broad-based growth across all five core businesses and Legacy Franchises.
Profitability and efficiency improved, with ROE up to 11.4% from 7.7%, RoTCE up to 13.0% from 8.7%, and the efficiency ratio improving to 57.4% from 62.7%.
Citigroup combined stronger earnings with significant shareholder returns, returning about $5.0 billion in Q2 via buybacks and dividends, posting a 92% payout ratio, and launching a $30 billion share repurchase plan.

Negative

None.

Insights

Analyzing...

8-K Event Classification

2 items: 2.02, 9.01

2 items

Item 2.02 Results of Operations and Financial Condition Financial

Disclosure of earnings results, typically an earnings press release or preliminary financials.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Revenue: 24,766 million Net income: 5,831 million Diluted EPS: $3.15 +5 more

8 metrics

Revenue 24,766 million Total revenues, net of interest expense, for the quarter ended June 30, 2026; up 14% year over year

Net income 5,831 million Citigroup’s net income for the second quarter 2026; up 45% versus second quarter 2025

Diluted EPS $3.15 Earnings per diluted share for Q2 2026 compared with $1.96 in Q2 2025

Return on common equity 11.4% Return on average common equity (ROE) for the second quarter 2026

CET1 Capital ratio 12.8% Preliminary Common Equity Tier 1 capital ratio as of June 30, 2026

Loans 793.7 billion End-of-period loans at June 30, 2026; up 9% versus prior-year period

Deposits 1,492.6 billion End-of-period deposits at June 30, 2026; up 10% versus prior-year period

Capital returned 5.0 billion Approximate capital returned to common shareholders in Q2 2026 via share repurchases and dividends

Key Terms

Common Equity Tier 1 (CET1) Capital ratio, Supplementary Leverage ratio (SLR), allowance for credit losses, tangible book value per share, +1 more

5 terms

Common Equity Tier 1 (CET1) Capital ratio financial

"Citigroup’s preliminary CET1 Capital ratio was 12.8% versus 12.7% at the end"

The common equity tier 1 (CET1) capital ratio measures a bank’s core capital—mainly common stock and retained earnings—against its assets after those assets are adjusted for risk. Think of it as the size of the bank’s financial cushion compared with the riskiness of what it owns; a higher CET1 ratio means a bigger cushion to absorb losses and generally signals greater safety for investors, though it can also affect returns.

Supplementary Leverage ratio (SLR) financial

"Citigroup’s Supplementary Leverage ratio for the second quarter 2026 was 5.2%"

allowance for credit losses financial

"Citigroup’s total allowance for credit losses was $22.2 billion at quarter end"

Allowance for credit losses is a reserve set aside by a financial institution to cover potential losses from borrowers who may not repay their loans. It acts like a safety net, helping the institution prepare for loans that might turn sour. For investors, it signals how cautious the institution is about the quality of its loans and potential risks to its financial health.

return on average tangible common equity (RoTCE) financial

"Return on average tangible common equity (RoTCE) was 13.0% versus 8.7%"

Return on average tangible common equity (ROTCE) measures how much profit a company generates for ordinary shareholders relative to the average amount of their tangible capital—equity after removing goodwill and other intangible items. For investors it shows how efficiently the company uses the concrete, balance-sheet value that could realistically back future dividends or growth, similar to measuring how well a baker turns physical ingredients into loaves rather than valuing the shop’s brand name.

Earnings Snapshot

Revenue: 24,766 million

quarter ended June 30, 2026

Revenue 24,766 million +14% vs. second quarter 2025

Net income 5,831 million +45% vs. second quarter 2025

Diluted EPS $3.15 +61% vs. $1.96 in second quarter 2025

Return on common equity 11.4% +370 bps vs. 7.7% in second quarter 2025

Return on tangible common equity 13.0% +430 bps vs. 8.7% in second quarter 2025

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What were Citigroup (C) earnings and revenue for the second quarter of 2026?

Citigroup reported net income of $5.8 billion, or $3.15 diluted EPS, on $24.8 billion of revenue in Q2 2026. Revenue grew 14% year over year and net income increased 45%, driven by higher revenues and a lower provision for credit losses.

How did Citigroup (C) profitability and returns change in Q2 2026?

Citigroup’s profitability improved, with ROE at 11.4% and RoTCE at 13.0% in Q2 2026, up from 7.7% and 8.7% a year earlier. The efficiency ratio improved to 57.4% from 62.7%, reflecting revenue growth outpacing expense increases.

Which business segments drove Citigroup (C) growth in the second quarter 2026?

All five businesses contributed, with Services revenue up 18%, Markets up 17%, Banking up 34%, Wealth up 13% and U.S. Consumer Cards up 1% year over year. Services posted its highest-ever quarterly revenue and a RoTCE above 30%.

What capital ratios did Citigroup (C) report for Q2 2026?

Citigroup reported a preliminary Common Equity Tier 1 (CET1) ratio of 12.8% and a Supplementary Leverage Ratio of 5.2% as of June 30, 2026. Book value per share was $114.74 and tangible book value per share was $100.89.

How much capital did Citigroup (C) return to shareholders in Q2 2026?

Citigroup returned approximately $5.0 billion to common shareholders in Q2 2026 through share repurchases and dividends. The company recorded a 92% payout ratio, launched a $30 billion buyback plan and plans to increase its dividend by 12%.

What were Citigroup (C) credit and balance sheet trends in Q2 2026?

End-of-period loans reached $794 billion, up 9% year over year, and deposits were about $1.5 trillion, up 10%. The total allowance for credit losses was $22.2 billion, with a 2.5% reserve-to-funded loans ratio and non-accrual loans of $3.2 billion.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/14/2026 - 09:39 AM EDT

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) July 14, 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 July 14, 2026, Citigroup Inc. announced its results for the quarter ended June 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 June 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 of that section.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number

99.1		Citigroup Inc. press release dated July 14, 2026.

99.2		Citigroup Inc. Quarterly Financial Data Supplement for the quarter ended June 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: July 14, 2026
	By:	/s/ Nicole Giles
		Nicole Giles
		Controller and Chief Accounting Officer
		(Principal Accounting Officer)

Exhibit 99.1

For Immediate Release Citigroup Inc. (NYSE: C) JULY 14, 2026
SECOND QUARTER 2026 RESULTS AND KEY METRICS	CHAIR AND CEO COMMENTARY
SECOND QUARTER 2026 RESULTS AND KEY METRICS		Citi Chair and CEO Jane Fraser said, “With net income up 45%, this was Citi’s best quarterly revenue in a decade with double-digit revenue growth for the firm and in four out of our five businesses. Services delivered its highest ever quarterly revenue and a return of over 30%. In Markets, strong results in FX and spread products also show how much clients rely on our global network while Equities showed continued momentum with revenues up 45%. Banking revenues climbed 34% and we played a role in the majority of the top equity and debt issuances. Wealth revenues increased for the 9^th straight quarter with almost two-thirds of Net New Investment Assets growth coming from deepening relationships with existing clients. Despite short-term headwinds from investments in our U.S. Consumer Cards portfolio, our resilient customer base kept fueling underlying drivers: loan growth, higher spend and better credit performance than expected. “Our growing earnings generation will allow us to increase our planned dividend by 12% and we have launched our $30 billion buyback plan. The combination of our investments, disciplined execution and focus on clients is improving our returns and creating more durable results for our investors,” Ms. Fraser concluded.
NET INCOME UP 45% RETURNED ~$5.0 BILLION IN THE FORM OF COMMON SHARE REPURCHASES AND COMMON DIVIDENDS PAYOUT RATIO OF 92%⁽³⁾ COMMON EQUITY TIER 1 CAPITAL RATIO OF 12.8%⁽⁴⁾ BOOK VALUE PER SHARE OF $114.74 TANGIBLE BOOK VALUE PER SHARE OF $100.89⁽⁵⁾ New York, July 14, 2026 – Citigroup Inc. today reported net income for the second quarter 2026 of $5.8 billion, or $3.15 per diluted share, on revenues of $24.8 billion. This compares to net income of $4.0 billion, or $1.96 per diluted share, on revenues of $21.7 billion for the second quarter 2025. Revenues increased 14% from the prior-year period, driven by growth in each of Citi’s five interconnected businesses and Legacy Franchises in All Other, as well as the impact of foreign exchange translation, partially offset by a decline in Corporate/Other, also in All Other. Net income was $5.8 billion, compared to $4.0 billion in the prior-year period, driven by higher revenues and a lower provision for credit losses, partially offset by higher expenses. Earnings per share of $3.15 increased from $1.96 per diluted share in the prior-year period, reflecting higher net income and a lower share count due to share repurchases. Percentage comparisons throughout this press release are calculated for the second quarter 2026 versus the second quarter 2025, unless otherwise specified.

Second Quarter Financial Results


Citigroup ($ in millions, except per share amounts and as otherwise noted)		2Q’26			1Q’26			2Q’25		QoQ%	YoY%
Total revenues, net of interest expense		24,766			24,633			21,668		1%	14%

Total operating expenses		14,215			14,311			13,577		(1)%	5%

Net credit losses		2,404			2,208			2,234		9%	8%
Net ACL build / (release)^(a)		102			581			224		(82)%	(54)%
Other provisions^(b)		16			16			414		-	(96)%
Total provision for credit losses		2,522			2,805			2,872		(10)%	(12)%

Income (loss) from continuing operations before taxes		8,029			7,517			5,219		7%	54%
Provision for income taxes		2,005			1,578			1,186		27%	69%
Income (loss) from continuing operations		6,024			5,939			4,033		1%	49%
Income (loss) from discontinued operations, net of taxes		-			(1)			-		100%	-
Net income attributable to non-controlling interest		193			153			14		26%	NM
Citigroup’s net income (loss)		$	5,831		$	5,785		$	4,019	1%	45%


EOP loans ($B)		794			762			725		4%	9%
Average loans ($B)		785			755			712		4%	10%
EOP assets ($B)		2,895			2,778			2,623		4%	10%
EOP deposits ($B)		1,493			1,446			1,358		3%	10%
Average deposits ($B)		1,504			1,446			1,343		4%	12%


Book value per share		$	114.74		$	112.22		$	106.94	2%	7%
Tangible book value per share^(c)		$	100.89		$	99.01		$	94.16	2%	7%
Common Equity Tier 1 (CET1) Capital ratio^(d)		12.8%			12.7%			13.5%
Supplementary Leverage ratio (SLR)^(d)		5.2%			5.3%			5.5%
Return on average common equity (ROE)^(e)		11.4%			11.5%			7.7%		(10) bps	370 bps
Return on average tangible common equity (RoTCE)^(f)		13.0%			13.1%			8.7%		(10) bps	430 bps
Efficiency Ratio (total operating expenses/total revenues, net)		57.4%			58.1%			62.7%		(70) bps	(530) bps

(a) Includes credit reserve build / (release) for loans and provision / (release) for credit losses on unfunded lending commitments.

(b) Includes provisions on Other Assets, policyholder benefits and claims and HTM debt securities.

(d) For additional information, please refer to Footnote 4.

(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 $24.8 billion in the second quarter 2026 increased 14%, driven by growth in each of Citi’s five interconnected businesses and Legacy Franchises, as well as the impact of foreign exchange translation, partially offset by a decline in Corporate/Other. Net interest income increased 13%, driven by growth across each of Citi’s five businesses and Legacy Franchises, partially offset by a decline in Corporate/Other. Non-interest revenue increased 18%, driven by growth in All Other, Banking, Services and Wealth, partially offset by declines in U.S. Consumer Cards (USCC) and Markets.

Citigroup operating expenses of $14.2 billion were up 5%, driven by higher compensation and benefits, transactional and product servicing expenses, deposit insurance costs, as well as the impact of foreign exchange translation, partially offset by lower professional services expenses.

Citigroup provision for credit losses was $2.5 billion, reflecting $2.4 billion of net credit losses and a net allowance for credit losses (ACL) build of $118 million, driven by portfolio growth and changes to certain macroeconomic variables, offset by net improvements in portfolio quality, including seasonal changes in USCC. Net credit losses were up 8% from the prior-year period, driven by increases in Banking and Legacy Franchises. The provision in the prior-year period was $2.9 billion, reflecting $2.2 billion of net credit losses and a net ACL build of $638 million, driven by transfer risk, portfolio growth and changes to certain macroeconomic variables, partially offset by changes in credit quality.

Citigroup net income was $5.8 billion in the second quarter 2026, compared to net income of $4.0 billion in the prior-year period, driven by higher revenues and a lower provision for credit losses, partially offset by higher expenses. Citigroup’s effective tax rate was approximately 25% in the current quarter compared to 23% in the second quarter 2025.

Citigroup’s total allowance for credit losses was $22.2 billion at quarter end, compared to $23.7 billion at the end of the prior-year period. Total ACL on loans was $20.0 billion at quarter end, compared to $19.1 billion at the end of the prior-year period, with a reserve-to-funded loans ratio of 2.5%, down from 2.7% in the prior-year period. Total non-accrual loans decreased $0.1 billion, or 4% from the prior-year period to $3.2 billion. Corporate non-accrual loans increased 1% from the prior-year period to $1.7 billion, driven by idiosyncratic downgrades in Services and Banking, offset by upgrades and repayments in Markets. Consumer non-accrual loans decreased $0.2 billion, or 9% from the prior-year period to $1.5 billion, driven by repayments in Wealth.

Citigroup’s end-of-period loans were $794 billion at quarter end, up 9% versus the prior-year period, primarily driven by higher loans in Markets, USCC and Services. Citigroup’s average loans were $785 billion in the second quarter 2026, up 10% versus the prior-year period, driven by Markets, Wealth, USCC and Services.

Citigroup’s end-of-period deposits were approximately $1.5 trillion at quarter end, up 10% versus the prior-year period, driven by an increase in Services. Citigroup’s average deposits were approximately $1.5 trillion in the second quarter 2026, up 12% versus the prior-year period, driven by an increase in Services.

Citigroup’s book value per share of $114.74 at quarter end increased 7% versus the prior-year period, and tangible book value per share of $100.89 at quarter end also increased 7% versus the prior-year period. The increases were driven by net income and beneficial net movements in accumulated other comprehensive income (AOCI), partially offset by the payment of common and preferred dividends and reductions in additional paid-in capital (APIC). In addition, common share repurchases were dilutive to tangible book value per share and book value per share. At quarter end, Citigroup’s preliminary CET1 Capital ratio⁽⁴⁾ was 12.8% versus 12.7% at the end of the prior quarter, the increase was driven by net income, the net impact from Citi's sale of a 22.6% equity stake in Banamex and lower deferred tax assets, primarily offset by common share repurchases, the payment of common and preferred dividends and higher risk-weighted assets. Citigroup’s Supplementary Leverage ratio⁽⁴⁾ for the second quarter 2026 was 5.2%, versus 5.3% at the end of the prior quarter. During the quarter, Citigroup returned approximately $5.0 billion to common shareholders in the form of share repurchases and dividends.


Services ($ in millions, except as otherwise noted)		2Q’26			1Q’26			2Q’25		QoQ%	YoY%
Net interest income			3,541			3,424			2,949	3%	20%
Non-interest revenue			1,198			1,192			1,063	1%	13%
Treasury and Trade Solutions			4,739			4,616			4,012	3%	18%
Net interest income			750			719			681	4%	10%
Non-interest revenue			893			768			737	16%	21%
Securities Services			1,643			1,487			1,418	10%	16%
Total Services revenues			6,382			6,103			5,430	5%	18%

Total operating expenses			2,803			2,935			2,679	(4)%	5%

Net credit losses			5			3			20	67%	(75)%
Net ACL build / (release)^(a)			46			86			47	(47)%	(2)%
Other provisions^(b)			7			5			286	40%	(98)%
Total provision for credit losses			58			94			353	(38)%	(84)%

Net income		$	2,584		$	2,228		$	1,712	16%	51%


Services Key Statistics and Metrics ($B)
Allocated Average TCE^(c)			34			34			33	-	2%
RoTCE^(c)			30.9%			27.0%			20.8%	390 bps	1,010 bps
Average loans			103			99			94	4%	10%
Average deposits			1,017			961			857	6%	19%
Cross border transaction value^(d)			115			106			101	8%	13%
US dollar clearing volume (#MM)^(e)			46			44			44	5%	5%
Commercial card spend volume^(f)			20			19			18	8%	12%
Assets under custody and/or administration (AUC/AUA) ($T)^(g)			35			32			28	9%	22%

(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 for HTM debt securities.

(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) 2Q'26 is preliminary.

Services

Services revenues of $6.4 billion were up 18%, driven by growth in Treasury and Trade Solutions and Securities Services. Net interest income increased 18%, primarily driven by an increase in average deposit balances. Non-interest revenue increased 16%, primarily driven by continued momentum in fees and underlying drivers across the business, particularly cross-border transaction value and assets under custody and administration.

Treasury and Trade Solutions revenues of $4.7 billion were up 18%, driven by a 20% increase in net interest income and a 13% 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 a smaller impact from currency devaluation in Argentina and growth in underlying drivers, including an increase in cross-border transaction value of 13% and an increase in U.S. dollar clearing volume of 5%.

Securities Services revenues of $1.6 billion were up 16%, driven by a 21% increase in non-interest revenue and a 10% increase in net interest income. The increase in non-interest revenue was primarily driven by higher fees, which benefited from a 22% increase in assets under custody and administration, which includes the impact of market valuations as well as new assets onboarded. The increase in net interest income was driven by higher average deposit balances, partially offset by lower deposit spreads.

Services operating expenses of $2.8 billion increased 5%, driven by higher volume-related expenses, as well as higher performance-related and other compensation expenses.

Services provision for credit losses was $58 million, reflecting a net ACL build of $53 million, primarily driven by exposure growth, and $5 million of net credit losses. The provision in the prior-year period was $353 million, reflecting a net ACL build of $333 million, primarily driven by transfer risk, and $20 million of net credit losses.

Services net income of $2.6 billion increased 51%, driven by higher revenues and a lower provision for credit losses, partially offset by higher expenses.


Markets ($ in millions, except as otherwise noted)		2Q’26			1Q’26			2Q’25		QoQ%	YoY%
Rates and currencies			3,247			3,311			3,221	(2)%	1%
Spread products / other fixed income			1,459			1,855			1,167	(21)%	25%
Fixed Income markets			4,706			5,166			4,388	(9)%	7%
Equity markets			2,301			2,080			1,592	11%	45%
Total Markets revenues			7,007			7,246			5,980	(3)%	17%

Total operating expenses			3,784			3,835			3,508	(1)%	8%

Net credit losses (recoveries)			(10)			(3)			8	(233)%	NM
Net ACL build / (release)^(a)			127			-			45	NM	182%
Other provisions^(b)			(8)			(12)			55	33%	NM
Total provision for credit losses			109			(15)			108	NM	1%

Net income		$	2,387		$	2,595		$	1,803	(8)%	32%


Markets Key Statistics and Metrics ($B)
Allocated Average TCE^(c)			56			56			54	-	5%
RoTCE^(c)			17.0%			18.7%			13.5%	(170) bps	350 bps
Average trading account assets			603			573			547	5%	10%
Average loans			176			162			136	9%	29%
Average VaR ($ in MM)^(d)			122			127			117	(4)%	4%

(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.

(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 $7.0 billion increased 17%, driven by growth in Equity markets and Fixed Income markets revenues.

Fixed Income markets revenues of $4.7 billion increased 7%, driven by growth in spread products and other fixed income. Rates and currencies revenues were up 1%, driven by revenue growth in the foreign exchange business on higher volumes, primarily offset by lower revenue in rates. Spread products and other fixed income revenues increased 25%, driven by growth across both financing and credit trading in spread products, as well as growth in commodities.

Equity markets revenues of $2.3 billion increased 45%, driven by growth in derivatives on higher client activity and prime services. Prime balances⁽⁶⁾ were up nearly 60%.

Markets operating expenses of $3.8 billion increased 8%, driven by higher performance-related compensation and volume-related expenses.

Markets provision for credit losses was $109 million, reflecting a net ACL build of $119 million, primarily driven by changes in portfolio composition, including exposure growth, and $10 million of net credit recoveries. The provision in the prior-year period was $108 million, reflecting a net ACL build of $100 million, driven by changes in portfolio composition, including exposure growth, and $8 million of net credit losses.

Markets net income of $2.4 billion increased 32%, driven by higher revenues, partially offset by higher expenses.


Banking ($ in millions, except as otherwise noted)		2Q’26			1Q’26			2Q’25		QoQ%	YoY%
Investment Banking			1,548			1,326			1,073	17%	44%
Corporate Lending^(a)			406			391			423	4%	(4)%
Total Banking revenues^(a)			1,954			1,717			1,496	14%	31%
Gain / (loss) on loan hedges^(a)			(32)			50			(62)	NM	48%
Total Banking revenues including gain/(loss) on loan hedges^(a)			1,922			1,767			1,434	9%	34%

Total operating expenses			1,212			1,240			1,137	(2)%	7%
Net credit losses			138			6			16	NM	NM
Net ACL build / (release)^(b)			100			124			139	(19)%	(28)%
Other provisions^(c)			4			2			18	100%	(78)%
Total provision for credit losses			242			132			173	83%	40%

Net income		$	350		$	304		$	93	15%	276%


Banking Key Statistics and Metrics
Allocated Average TCE^(d) ($B)			8			8			9	-	(15)%
RoTCE^(d)			18.0%			15.8%			4.1%	220 bps	1,390 bps
Average loans ($B)			88			83			84	6%	5%

Advisory			390			505			407	(23)%	(4)%
Equity underwriting			426			257			222	66%	92%
Debt underwriting			732			564			444	30%	65%
Investment Banking revenues^(e)			1,548			1,326			1,073	17%	44%

(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.

(d) TCE and RoTCE are non-GAAP financial measures. For additional information, refer to Footnote 2.

(e) For additional information, refer to Footnote 7.

Banking

Banking revenues of $1.9 billion increased 34%, driven by growth in Investment Banking, partially offset by a decline in Corporate Lending, excluding mark-to-market on loan hedges ⁽⁸⁾.

Investment Banking revenues of $1.5 billion increased 44%, driven by growth in Debt Capital Markets (DCM) and Equity Capital Markets (ECM), partially offset by a decline in Advisory. DCM revenues increased 65%, primarily driven by growth across both leveraged finance and investment grade. ECM revenues increased 92% amid very strong market conditions, driven by growth across products, with strength in initial public offerings and follow-ons. Advisory revenues decreased 4%, compared to strong performance in the prior-year period.

Corporate Lending revenues of $406 million, excluding mark-to-market on loan hedges⁽⁸⁾, decreased 4%, driven by lower loan spreads and balances. Overall, average loans increased 5%, as growth in loans associated with episodic investment banking activity more than offset the decline in corporate lending balances.

Banking operating expenses of $1.2 billion increased 7%, driven by higher performance-related compensation and investments, as well as increased volume-related expenses.

Banking provision for credit losses was $242 million, reflecting $138 million of net credit losses and a net ACL build of $104 million. Net credit losses were driven by loan sales, which were previously reserved for. The net ACL build was driven by exposure growth, largely offset by reserve releases on the loan sales. The provision in the prior-year period was $173 million, reflecting a net ACL build of $157 million, primarily driven by changes in portfolio composition, and $16 million of net credit losses.

Banking net income of $350 million increased 276%, driven by higher revenues, partially offset by higher expenses and a higher provision for credit losses.


Wealth ($ in millions, except as otherwise noted)		2Q’26			1Q’26			2Q’25		QoQ%	YoY%
Citigold and Retail Banking			2,181			2,062			1,862	6%	17%
Private Bank			769			757			731	2%	5%
Wealth at Work			227			246			221	(8)%	3%
Total revenues, net of interest expense			3,177			3,065			2,814	4%	13%

Total operating expenses			2,377			2,415			2,313	(2)%	3%

Net credit losses			57			88			73	(35)%	(22)%
Net ACL build / (release)^(a)			2			13			(66)	(85)%	NM
Other provisions^(b)			-			-			-	-	-
Total provision for credit losses			59			101			7	(42)%	NM

Net income		$	583		$	432		$	385	35%	51%


Wealth Key Statistics and Metrics ($B)
Allocated Average TCE^(c)			16			16			15	-	5%
RoTCE^(c)			14.4%			10.8%			10.0%	360 bps	440 bps

Loans			208			205			200	2%	4%
Deposits			415			418			400	(1)%	4%
Client investment assets^(d)			727			676			635	8%	14%
EOP client balances			1,350			1,299			1,235	4%	9%
Net New Investment Assets (NNIA)^(e)			16			15			2	7%	NM

(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 policyholder benefits and claims.

(d) 2Q'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) 2Q'26 Net new investment assets are preliminary. Represents investment asset inflows, including dividends, interest and distributions, less investment asset outflows.

Wealth

Wealth revenues of $3.2 billion increased 13%, driven by growth across all businesses. Net interest income of $2.2 billion increased 18%, driven by higher deposit spreads and average deposit balances, partially offset by lower mortgage spreads. Non-interest revenue of $1.0 billion increased 4%, driven by higher investment fee revenues, with growth in client investment assets of 14%, primarily offset by the absence of an approximate $80 million gain on sale of an alternative investments fund platform, which occurred in the second quarter 2025, as well as the loss of fee revenue from the sale of the trust business in the third quarter 2025.

Citigold and Retail Banking revenues of $2.2 billion increased 17%, driven by higher deposit spreads and higher investment fee revenues.

Private Bank revenues of $769 million increased 5%, driven by higher deposit spreads and investment fee revenues, primarily offset by the absence of an approximate $80 million gain on sale of an alternative investments fund platform, which occurred in the second quarter 2025, as well as the loss of fee revenue from the sale of the trust business in the third quarter 2025 and lower mortgage spreads.

Wealth at Work revenues of $227 million increased 3%, driven by higher deposit spreads and average balances, primarily offset by lower mortgage spreads.

Wealth operating expenses of $2.4 billion increased 3%, driven by higher technology costs and performance-related compensation.

Wealth provision for credit losses was $59 million, reflecting $57 million of net credit losses, driven by Citigold and Retail Banking, and a net ACL build of $2 million. The provision in the prior-year period was $7 million, reflecting $73 million of net credit losses and a net ACL release of $66 million, primarily driven by changes to certain macroeconomic variables and credit quality.

Wealth net income of $583 million increased 51%, driven by higher revenues, partially offset by higher expenses and a higher provision for credit losses.


USCC^(a) ($ in millions, except as otherwise noted)		2Q’26			1Q’26			2Q’25		QoQ%	YoY%
Net interest income			5,180			5,116			4,918	1%	5%
Non-interest revenue			(659)			(359)			(447)	(84)%	(47)%
Total revenues, net of interest expense			4,521			4,757			4,471	(5)%	1%

Total operating expenses			1,794			1,711			1,626	5%	10%

Net credit losses			1,850			1,742			1,856	6%	-
Net ACL build / (release)^(b)			(232)			348			(5)	NM	NM
Other provisions^(c)			-			2			1	(100)%	(100)%
Total provision for credit losses			1,618			2,092			1,852	(23)%	(13)%

Net income		$	852		$	732		$	758	16%	12%


USCC Key Statistics and Metrics ($B)
Allocated average TCE^(d)			16			16			20	-	(24)%
RoTCE^(d)			22.0%			19.2%			15.0%	280 bps	700 bps
Average loans			177			171			168	4%	5%
U.S. credit card spend volume			176			152			159	15%	11%
New credit cards account acquisitions (in thousands)^(e)			5,376			2,942			3,255	83%	65%

(a) Includes impact from the onboarding of additional American Airlines co-branded card portfolio in the second quarter of 2026.

(b) Includes credit reserve build / (release) for loans and provision / (release) for credit losses on unfunded lending commitments.

(d) TCE and RoTCE are non-GAAP financial measures. For additional information, refer to Footnote 2.

(e) New credit cards account acquisitions represent the number of new credit card accounts opened.

U.S. Consumer Cards (USCC)

USCC revenues of $4.5 billion increased 1%, driven by growth in net interest income, primarily offset by a decline in non-interest revenue. Net interest income increased 5%, driven by higher interest earning balances. Non-interest revenue decreased 47%, driven by higher partner payment accruals and new account acquisition costs, reflecting increased investments, partially offset by higher annual fees and net interchange.

USCC operating expenses of $1.8 billion increased 10%, driven by higher severance, customer engagement costs, and legal and marketing expenses.

USCC provision for credit losses was $1.6 billion, reflecting $1.9 billion of net credit losses and a net ACL release of $232 million, driven by improvements in portfolio quality, including seasonal changes, largely offset by higher volume and changes to certain macroeconomic variables. The provision in the prior-year period was $1.9 billion, reflecting $1.9 billion of net credit losses and a net ACL release of $4 million.

USCC net income of $852 million increased 12%, driven by a lower provision for credit losses and higher revenue, largely offset by higher expenses.


All Other (Managed Basis)^(a)(b) ($ in millions, except as otherwise noted)		2Q’26		1Q’26		2Q’25	QoQ%	YoY%
Legacy Franchises (managed basis)		2,053		2,161		1,691	(5)%	21%
Corporate / Other		(316)		(479)		25	34%	NM
Total revenues		1,737		1,682		1,716	3%	1%

Total operating expenses		2,220		2,144		2,277	4%	(3)%

Net credit losses		366		371		256	(1)%	43%
Net ACL build / (release)^(c)		59		10		64	490%	(8)%
Other provisions^(d)		13		19		54	(32)%	(76)%
Total provision for credit losses		438		400		374	10%	17%

Income (loss) from continuing operations		(761)		(388)		(573)	(96)%	(33)%
Income (loss) from discontinued operations, net of taxes		-		(1)		-	100%	-
Noncontrolling interests		162		105		(21)	54%	NM
Net (loss)		(923)		(494)		(552)	(87)%	(67)%


All Other Key Statistics and Metrics ($B)
Allocated Average TCE^(e)		40		40		41	-	(2)%

(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 $1.7 billion increased 1%, driven by growth in Legacy Franchises, offset by a decline in Corporate/Other.

Legacy Franchises (managed basis)⁽⁹⁾revenues of $2.1 billion increased 21%, driven by growth in Mexico, including momentum in the underlying businesses and the impact of Mexican peso appreciation, partially offset by continued lower revenues from closed exit and wind-down markets.

Corporate/Other revenues of $(316) million decreased from $25 million in the prior-year period, driven by lower net interest income, which included actions taken, such as those to reduce Citi’s asset sensitivity due to a lower interest rate environment, largely offset by higher non-interest revenue, reflecting episodic activity.

All Other (managed basis) expenses of $2.2 billion decreased 3%, driven by a decline in Legacy Franchises, as lower expenses related to exits and wind-downs were primarily offset by the impact of Mexican peso appreciation, as well as a decline in Corporate Other, which included lower transformation expenses and severance charges.

All Other (managed basis) provision for credit losses was $438 million, reflecting $366 million of net credit losses and a net ACL build of $72 million, primarily driven by higher volume. Net credit losses were up 43% from the prior-year period, driven by higher volume and portfolio seasoning in Mexico Consumer. The provision in the prior-year period was $374 million, reflecting $256 million of net credit losses and a net ACL build of $118 million, largely driven by higher volume and transfer risk.

All Other (managed basis) net loss was $(923) million, compared to $(552) million in the prior-year period, driven by lower revenues in Corporate/Other, partially offset by underlying growth in Mexico Consumer/SBMM net of amounts attributed to noncontrolling interests.

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-second-quarter-2026-earnings-results.open-exchange.net/.

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 Second 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.

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 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: Jennifer Landis (investorrelations@citi.com)

Press: Danielle Romero-Apsilos (danielle.romeroapsilos@citi.com)

⁽¹⁾Ratios as of June 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 June 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 June 30, 2026 (the 2Q26 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 July 14, 2026.

⁽³⁾ Citigroup’s payout ratio is the sum of common dividends and common share repurchases divided by net income available to common shareholders.

⁽⁴⁾Ratios as of June 30, 2026 are preliminary. For the composition of Citigroup’s CET1 Capital and ratio and Citigroup’s Supplementary Leverage ratio, refer to the 2Q26 Financial Supplement.

⁽⁵⁾ 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 2Q26 Financial Supplement.

⁽⁶⁾Prime balances are defined as clients’ billable balances where Citigroup provides cash or synthetic prime brokerage services.

⁽⁷⁾Beginning in the second quarter of 2026, 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.

⁽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 2Q26 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 of these results, refer to the 2Q26 Financial Supplement.

Exhibit 99.2

CITIGROUP—QUARTERLY FINANCIAL DATA SUPPLEMENT

2Q26

		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)

											2Q26 Increase/		Six		Six		YTD 2026 vs.
	2Q		3Q		4Q		1Q		2Q		(Decrease) from		Months		Months		YTD 2025 Increase
	2025		2025		2025		2026		2026		1Q26	2Q25	2025		2026		(Decrease)

Revenues, net of interest expense	$	21,668	$	22,090	$	19,871	$	24,633	$	24,766	1%	14%	$	43,264	$	49,399	14%
Operating expenses		13,577		14,290		13,840		14,311		14,215	(1%)	5%		27,002		28,526	6%
Net credit losses (NCLs)		2,234		2,214		2,190		2,208		2,404	9%	8%		4,693		4,612	(2%)
Credit reserve build (release) for loans		243		45		10		397		199	(50%)	(18%)		345		596	73%
Provision / (release) for unfunded lending commitments		(19)		100		13		184		(97)	NM	(411%)		89		87	(2%)
Provisions for benefits and claims, other assets and HTM debt securities		414		91		7		16		16	-	(96%)		468		32	(93%)
Provisions for credit losses and for benefits and claims		2,872		2,450		2,220		2,805		2,522	(10%)	(12%)		5,595		5,327	(5%)
Income (loss) from continuing operations before income taxes		5,219		5,350		3,811		7,517		8,029	7%	54%		10,667		15,546	46%
Income taxes (benefits)		1,186		1,559		1,288		1,578		2,005	27%	69%		2,526		3,583	42%
Income (loss) from continuing operations		4,033		3,791		2,523		5,939		6,024	1%	49%		8,141		11,963	47%
Income (loss) from discontinued operations, net of taxes		-		(1)		(1)		(1)		-	100%	-		(1)		(1)	-
Net income (loss) before noncontrolling interests		4,033		3,790		2,522		5,938		6,024	1%	49%		8,140		11,962	47%
Net income (loss) attributable to noncontrolling interests		14		38		51		153		193	26%	NM		57		346	NM
Citigroup's net income (loss)	$	4,019	$	3,752	$	2,471	$	5,785	$	5,831	1%	45%	$	8,083	$	11,616	44%

Diluted earnings per share:
Income (loss) from continuing operations	$	1.96	$	1.86	$	1.19	$	3.06	$	3.15	3%	61%	$	3.92	$	6.21	58%
Net income (loss)	$	1.96	$	1.86	$	1.19	$	3.06	$	3.15	3%	61%	$	3.92	$	6.21	58%

Preferred dividends	$	287	$	274	$	284	$	305	$	338	11%	18%	$	556	$	643	16%

Income allocated to unrestricted common shareholders—basic
Income (loss) from continuing operations (for EPS purposes)		3,683		3,439		2,150		5,425		5,446	-	48%		7,435		10,871	46%
Net income (loss) (for EPS purposes)		3,683		3,438		2,149		5,424		5,446	-	48%		7,434		10,870	46%

Income allocated to unrestricted common shareholders—diluted
Income (loss) from continuing operations (for EPS purposes)		3,702		3,459		2,170		5,443		5,466	-	48%		7,471		10,909	46%
Net income (loss) (for EPS purposes)		3,702		3,458		2,169		5,442		5,466	-	48%		7,470		10,908	46%

Shares (in millions):
Average basic		1,855.9		1,820.3		1,772.8		1,736.9		1,700.9	(2%)	(8%)		1,867.5		1,718.9	(8%)
Average diluted		1,893.1		1,862.6		1,816.9		1,776.0		1,735.6	(2%)	(8%)		1,906.4		1,755.8	(8%)
Common shares outstanding, at period end		1,840.9		1,789.3		1,747.5		1,705.6		1,677.4	(2%)	(9%)

Regulatory capital ratios and performance metrics:
Common Equity Tier 1 (CET1) Capital ratio⁽¹⁾⁽²⁾		13.48%		13.27%		13.18%		12.75%		12.8%
Tier 1 Capital ratio⁽¹⁾⁽²⁾		14.98%		14.97%		13.65%		14.57%		14.7%
Total Capital ratio⁽¹⁾⁽²⁾		15.28%		15.31%		15.66%		15.45%		15.7%
Supplementary Leverage ratio (SLR)⁽¹⁾⁽³⁾		5.53%		5.52%		5.48%		5.25%		5.2%
Return on average assets		0.61%		0.55%		0.36%		0.83%		0.80%	(3) bps	19 bps		0.63%		0.81%	18 bps
Return on average common equity (RoCE)		7.7%		7.1%		4.5%		11.5%		11.4%	(10) bps	370 bps		7.8%		11.5%	370 bps
Average tangible common equity (TCE) (in billions of dollars)⁽⁴⁾	$	172.1	$	172.3	$	170.4	$	169.2	$	169.1	-	(2%)	$	170.7	$	169.2	(1%)
Return on tangible common equity (RoTCE)⁽⁴⁾		8.7%		8.0%		5.1%		13.1%		13.0%	(10) bps	430 bps		8.9%		13.1%	420 bps
Operating leverage⁽⁵⁾		567 bps		59 bps		(381) bps		746 bps		960 bps	214 bps	393 bps		668 bps		854 bps	186 bps
Efficiency ratio (total operating expenses/total revenues, net)		62.7%		64.7%		69.6%		58.1%		57.4%	(70) bps	(530) bps		62.4%		57.7%	(470) bps

Balance sheet data (in billions of dollars, except per share amounts)⁽¹⁾:
Total assets	$	2,622.8	$	2,642.5	$	2,657.2	$	2,777.7	$	2,894.7	4%	10%
Total average assets		2,647.8		2,688.8		2,722.5		2,816.8		2,936.0	4%	11%		2,582.5		2,876.4	11%
Total loans		725.3		733.9		752.2		761.6		793.7	4%	9%
Total deposits		1,357.7		1,383.9		1,403.6		1,446.2		1,492.6	3%	10%
Citigroup's stockholders' equity		213.2		213.0		212.3		211.0		212.0	-	(1%)
Book value per share		106.94		108.41		110.01		112.22		114.74	2%	7%
Tangible book value per share⁽⁴⁾		94.16		95.72		97.06		99.01		100.89	2%	7%

Direct staff (in thousands)		230		227		226		224		219	(2%)	(5%)

(1)	Ratios as of June 30, 2026 are preliminary.

(2)	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.

(3)	For the composition of Citi's SLR, see page 22.

(4)	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.

(5)	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.

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)

																	2Q26 Increase/			Six			Six			YTD 2026 vs.
		2Q			3Q			4Q			1Q			2Q			(Decrease) from			Months			Months			YTD 2025 Increase
		2025			2025			2025			2026			2026			1Q26		2Q25	2025			2026			(Decrease)
Revenues
Interest income (including dividends)		$	35,859		$	36,690		$	36,649		$	35,513		$	37,662		6%		5%	$	69,525		$	73,175		5%
Interest expense			20,684			21,750			20,984			19,772			20,537		4%		(1%)		40,338			40,309		-
Net interest income (NII)			15,175			14,940			15,665			15,741			17,125		9%		13%		29,187			32,866		13%

Commissions and fees			2,745			2,888			2,829			3,272			3,298		1%		20%		5,452			6,570		21%
Principal transactions			2,503			2,772			1,450			4,008			2,481		(38%)		(1%)		6,013			6,489		8%
Administration and other fiduciary fees			1,123			1,117			1,129			1,123			1,257		12%		12%		2,168			2,380		10%
Realized gains (losses) on sales of investments, net			138			105			107			270			169		(37%)		22%		259			439		69%
Net impairment losses on investments recognized in earnings			(35)			(25)			(234)			(140)			(68)		51%		(94%)		(93)			(208)		(124%)
Other revenue (loss)			19			293			(1,075)			359			504		40%		NM		278			863		210%
Total non-interest revenues (NIR)			6,493			7,150			4,206			8,892			7,641		(14%)		18%		14,077			16,533		17%
Total revenues, net of interest expense			21,668			22,090			19,871			24,633			24,766		1%		14%		43,264			49,399		14%


Provisions for credit losses and for benefits and claims
Net credit losses on loans			2,234			2,214			2,190			2,208			2,404		9%		8%		4,693			4,612		(2%)
Credit reserve build / (release) for loans			243			45			10			397			199		(50%)		(18%)		345			596		73%
Provision for credit losses on loans			2,477			2,259			2,200			2,605			2,603		-		5%		5,038			5,208		3%
Provision for credit losses on held-to-maturity (HTM) debt securities			7			(5)			15			(30)			1		NM		(86%)		2			(29)		NM
Provision for credit losses on other assets			381			79			(32)			33			(2)		NM		NM		420			31		(93%)
Policyholder benefits and claims			26			17			24			13			17		31%		(35%)		46			30		(35%)
Provision for credit losses on unfunded lending commitments			(19)			100			13			184			(97)		NM		(411%)		89			87		(2%)
Total provisions for credit losses and for benefits and claims			2,872			2,450			2,220			2,805			2,522		(10%)		(12%)		5,595			5,327		(5%)

Operating expenses
Compensation and benefits			7,633			7,474			7,068			8,382			7,992		(5%)		5%		15,097			16,374		8%
Technology / communication			2,290			2,325			2,429			2,335			2,269		(3%)		(1%)		4,669			4,604		(1%)
Transactional and product servicing			1,184			1,110			1,179			1,225			1,341		9%		13%		2,286			2,566		12%
Premises and equipment			615			607			681			586			618		5%		-		1,189			1,204		1%
Professional services			510			514			573			441			438		(1%)		(14%)		986			879		(11%)
Advertising and marketing			269			260			318			233			283		21%		5%		519			516		(1%)
Restructuring			(2)			(5)			(4)			-			-		-		100%		(5)			-		100%
Other operating			1,078			2,005			1,596			1,109			1,274		15%		18%		2,261			2,383		5%
Total operating expenses			13,577			14,290			13,840			14,311			14,215		(1%)		5%		27,002			28,526		6%


Income (loss) from continuing operations before income taxes			5,219			5,350			3,811			7,517			8,029		7%		54%		10,667			15,546		46%
Provision (benefit) for income taxes			1,186			1,559			1,288			1,578			2,005		27%		69%		2,526			3,583		42%

Income (loss) from continuing operations			4,033			3,791			2,523			5,939			6,024		1%		49%		8,141			11,963		47%
Discontinued operations
Income (loss) from discontinued operations			-			(1)			(1)			(1)			-		100%		-		(1)			(1)		-
Provision (benefit) for income taxes			-			-			-			-			-		-		-		-			-		-
Income (loss) from discontinued operations, net of taxes			-			(1)			(1)			(1)			-		100%		-		(1)			(1)		-

Net income (loss) before attribution to noncontrolling interests			4,033			3,790			2,522			5,938			6,024		1%		49%		8,140			11,962		47%
Noncontrolling interests			14			38			51			153			193		26%		NM		57			346		NM
Citigroup's net income (loss)		$	4,019		$	3,752		$	2,471		$	5,785		$	5,831		1%		45%	$	8,083		$	11,616		44%

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page 2

CITIGROUP CONSOLIDATED BALANCE SHEET

(In millions of dollars)

																	2Q26 Increase/
		June 30,			September 30,			December 31,			March 31,			June 30,			(Decrease) from
		2025			2025			2025			2026			2026⁽¹⁾			1Q26		2Q25
Assets
Cash and due from banks (including segregated cash and other deposits)		$	24,991		$	23,545		$	23,717		$	23,625		$	24,663		4%		(1%)
Deposits with banks, net of allowance			312,482			324,515			325,862			362,097			341,750		(6%)		9%
Securities borrowed and purchased under agreements to resell, net of allowance			323,892			321,347			356,195			353,094			404,655		15%		25%
Brokerage receivables, net of allowance			64,029			75,992			62,679			91,720			83,322		(9%)		30%
Trading account assets			568,558			562,254			537,139			593,473			634,356		7%		12%
Investments
Available-for-sale debt securities			235,802			246,227			246,720			257,822			286,765		11%		22%
Held-to-maturity debt securities, net of allowance			206,094			197,092			189,831			178,503			167,893		(6%)		(19%)
Equity securities			7,504			7,413			7,678			7,839			8,263		5%		10%
Total investments			449,400			450,732			444,229			444,164			462,921		4%		3%
Loans
Consumer⁽²⁾			395,759			398,628			408,533			402,391			416,520		4%		5%
Corporate⁽³⁾			329,586			335,277			343,697			359,225			377,138		5%		14%
Loans, net of unearned income			725,345			733,905			752,230			761,616			793,658		4%		9%
Allowance for credit losses on loans (ACLL)			(19,123)			(19,206)			(19,247)			(19,636)			(19,961)		(2%)		(4%)
Total loans, net			706,222			714,699			732,983			741,980			773,697		4%		10%
Goodwill			19,878			19,126			19,098			18,997			19,012		-		(4%)
Intangible assets (including MSRs)			4,409			4,330			4,284			4,305			5,004		16%		13%
Premises and equipment, net of depreciation and amortization			32,312			32,819			33,339			33,574			33,897		1%		5%
Other assets, net of allowance			116,599			113,116			117,677			110,658			111,377		1%		(4%)
Total assets		$	2,622,772		$	2,642,475		$	2,657,202		$	2,777,687		$	2,894,654		4%		10%

Liabilities
Non-interest-bearing deposits in U.S. offices		$	119,898		$	116,921		$	121,610		$	122,083		$	122,307		-		2%
Interest-bearing deposits in U.S. offices			575,709			592,728			613,052			634,812			665,841		5%		16%
Total U.S. deposits			695,607			709,649			734,662			756,895			788,148		4%		13%
Non-interest-bearing deposits in offices outside the U.S.			86,458			83,920			87,041			86,004			83,823		(3%)		(3%)
Interest-bearing deposits in offices outside the U.S.			575,668			590,360			581,870			603,341			620,636		3%		8%
Total international deposits			662,126			674,280			668,911			689,345			704,459		2%		6%

Total deposits			1,357,733			1,383,929			1,403,573			1,446,240			1,492,607		3%		10%
Securities loaned and sold under agreements to repurchase			347,913			349,726			348,098			369,585			411,126		11%		18%
Brokerage payables			90,949			89,596			74,836			111,224			116,076		4%		28%
Trading account liabilities			163,952			160,243			162,798			185,266			187,193		1%		14%
Short-term borrowings			55,560			54,760			51,878			72,056			68,978		(4%)		24%
Long-term debt			317,761			315,846			315,827			307,566			333,749		9%		5%
Other liabilities, plus allowances⁽⁴⁾			74,774			74,498			86,370			73,178			70,475		(4%)		(6%)
Total liabilities		$	2,408,642		$	2,428,598		$	2,443,380		$	2,565,115		$	2,680,204		4%		11%

Stockholders' equity
Preferred stock		$	16,350		$	19,050		$	20,050		$	19,550		$	19,550		-		20%
Common stock			31			31			31			31			31		-		-
Additional paid-in capital⁽⁵⁾			108,839			109,010			108,452			107,821			107,343		-		(1%)
Retained earnings			211,674			214,034			215,128			219,542			223,989		2%		6%
Treasury stock, at cost			(79,886)			(84,932)			(89,473)			(95,370)			(99,398)		(4%)		(24%)
Accumulated other comprehensive income (loss) (AOCI)⁽⁵⁾			(43,786)			(44,170)			(41,897)			(40,615)			(39,500)		3%		10%
Total common equity		$	196,872		$	193,973		$	192,241		$	191,409		$	192,465		1%		(2%)

Total Citigroup stockholders' equity		$	213,222		$	213,023		$	212,291		$	210,959		$	212,015		1%		(1%)
Noncontrolling interests⁽⁵⁾			908			854			1,531			1,613			2,435		51%		168%
Total equity			214,130			213,877			213,822			212,572			214,450		1%		-
Total liabilities and equity		$	2,622,772		$	2,642,475		$	2,657,202		$	2,777,687		$	2,894,654		4%		10%

(1)	June 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), and the Assets Finance Group (AFG)).

(3)	Corporate loans include loans managed by Services, Markets, Banking, and All Other—Legacy Franchises—Mexico SBMM, and the AFG.

(4)	Includes allowance for credit losses for unfunded lending commitments. See page 19.

(5)	The December 31, 2025 and June 30, 2026 balances include the impacts on total equity from the sales of the 25.0% and 22.6% 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)

																	2Q26 Increase/			Six			Six			YTD 2026 vs.
		2Q			3Q			4Q			1Q			2Q			(Decrease) from			Months			Months			YTD 2025 Increase
		2025			2025			2025			2026			2026			1Q26		2Q25	2025			2026			(Decrease)
Revenues, net of interest expense
Services		$	5,430		$	5,730		$	6,272		$	6,103		$	6,382		5%		18%	$	10,634		$	12,485		17%
Markets			5,980			5,745			4,609			7,246			7,007		(3%)		17%		12,055			14,253		18%
Banking			1,434			1,647			1,773			1,767			1,922		9%		34%		2,964			3,689		24%
Wealth			2,814			2,839			2,862			3,065			3,177		4%		13%		5,571			6,242		12%
U.S. Consumer Cards (USCC)			4,471			4,656			4,564			4,757			4,521		(5%)		1%		9,038			9,278		3%
All Other—managed basis⁽¹⁾⁽²⁾			1,716			1,471			(208)			1,682			1,737		3%		1%		3,179			3,419		8%
Reconciling Items—divestiture-related impacts⁽³⁾			(177)			2			(1)			13			20		54%		NM		(177)			33		NM
Total net revenues—reported		$	21,668		$	22,090		$	19,871		$	24,633		$	24,766		1%		14%	$	43,264		$	49,399		14%

Income (loss) from continuing operations
Services		$	1,728		$	2,098		$	2,512		$	2,242		$	2,597		16%		50%	$	3,577		$	4,839		35%
Markets			1,824			1,723			856			2,629			2,404		(9%)		32%		3,686			5,033		37%
Banking			91			267			355			304			351		15%		286%		313			655		109%
Wealth			385			303			299			432			583		35%		51%		576			1,015		76%
USCC			758			929			884			732			852		16%		12%		1,596			1,584		(1%)
All Other—managed basis⁽¹⁾⁽²⁾			(573)			(752)			(2,273)			(388)			(761)		(96%)		(33%)		(1,412)			(1,149)		19%
Reconciling Items—divestiture-related impacts⁽³⁾			(180)			(777)			(110)			(12)			(2)		83%		99%		(195)			(14)		93%

Income (loss) from continuing operations—reported			4,033			3,791			2,523			5,939			6,024		1%		49%		8,141			11,963		47%

Discontinued operations			-			(1)			(1)			(1)			-		100%		-		(1)			(1)		-

Net income (loss) attributable to noncontrolling interests			14			38			51			153			193		26%		NM		57			346		NM

Net income (loss)		$	4,019		$	3,752		$	2,471		$	5,785		$	5,831		1%		45%	$	8,083		$	11,616		44%

(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)

											2Q26 Increase/		Six		Six		YTD 2026 vs.
	2Q		3Q		4Q		1Q		2Q		(Decrease) from		Months		Months		YTD 2025 Increase
	2025		2025		2025		2026		2026		1Q26	2Q25	2025		2026		(Decrease)


Net interest income (including dividends)	$	3,630	$	3,823	$	4,050	$	4,143	$	4,291	4%	18%	$	7,128	$	8,434	18%
Fee revenue
Commissions and fees		904		880		879		909		924	2%	2%		1,719		1,833	7%
Administration and other fiduciary fees		752		746		751		763		889	17%	18%		1,410		1,652	17%
Total fee revenue		1,656		1,626		1,630		1,672		1,813	8%	9%		3,129		3,485	11%
Principal transactions		124		190		257		263		264	-	113%		357		527	48%
All other		20		91		335		25		14	(44%)	(30%)		20		39	95%
Total non-interest revenue		1,800		1,907		2,222		1,960		2,091	7%	16%		3,506		4,051	16%

Total revenues, net of interest expense		5,430		5,730		6,272		6,103		6,382	5%	18%		10,634		12,485	17%
Total operating expenses		2,679		2,707		2,843		2,935		2,803	(4%)	5%		5,263		5,738	9%
Net credit losses (recoveries) on loans		20		11		19		3		5	67%	(75%)		26		8	(69%)
Credit reserve build (release) for loans		53		(4)		(18)		97		46	(53%)	(13%)		77		143	86%
Provision (release) for credit losses on unfunded lending commitments		(6)		(8)		3		(11)		-	100%	100%		(12)		(11)	8%
Provisions for credit losses for other assets and HTM debt securities		286		62		(15)		5		7	40%	(98%)		313		12	(96%)
Provision for credit losses		353		61		(11)		94		58	(38%)	(84%)		404		152	(62%)
Income from continuing operations before taxes		2,398		2,962		3,440		3,074		3,521	15%	47%		4,967		6,595	33%
Income taxes		670		864		928		832		924	11%	38%		1,390		1,756	26%
Income from continuing operations		1,728		2,098		2,512		2,242		2,597	16%	50%		3,577		4,839	35%
Noncontrolling interests		16		17		16		14		13	(7%)	(19%)		31		27	(13%)
Net income	$	1,712	$	2,081	$	2,496	$	2,228	$	2,584	16%	51%	$	3,546	$	4,812	36%
EOP assets (in billions)	$	618	$	627	$	628	$	649	$	645	(1%)	4%
Average assets (in billions)		593		616		630		637		659	3%	11%	$	586	$	648	11%
Efficiency ratio		49%		47%		45%		48%		44%	(400) bps	(500) bps		49%		46%	(300) bps
Average allocated TCE (in billions)⁽¹⁾	$	33.0	$	33.0	$	33.0	$	33.5	$	33.5	-	2%	$	33.0	$	33.5	2%
RoTCE⁽¹⁾		20.8%		25.0%		30.0%		27.0%		30.9%	390 bps	1,010 bps		21.7%		29.0%	730 bps

Revenue by line of business
Net interest income	$	2,949	$	3,121	$	3,303	$	3,424	$	3,541	3%	20%	$	5,814	$	6,965	20%
Non-interest revenue		1,063		1,099		1,182		1,192		1,198	1%	13%		2,127		2,390	12%
Treasury and Trade Solutions (TTS)		4,012		4,220		4,485		4,616		4,739	3%	18%		7,941		9,355	18%
Net interest income		681		702		747		719		750	4%	10%		1,314		1,469	12%
Non-interest revenue		737		808		1,040		768		893	16%	21%		1,379		1,661	20%
Securities Services		1,418		1,510		1,787		1,487		1,643	10%	16%		2,693		3,130	16%
Total Services	$	5,430	$	5,730	$	6,272	$	6,103	$	6,382	5%	18%	$	10,634	$	12,485	17%

Revenue by managed geography
North America	$	1,660	$	1,759	$	1,939	$	1,976	$	2,126	8%	28%	$	3,209	$	4,102	28%
International		3,770		3,971		4,333		4,127		4,256	3%	13%		7,425		8,383	13%
Total	$	5,430	$	5,730	$	6,272	$	6,103	$	6,382	5%	18%	$	10,634	$	12,485	17%

Key drivers⁽²⁾ (in billions of dollars, except as otherwise noted)
Average loans by line of business
TTS	$	93	$	93	$	95	$	97	$	101	4%	9%	$	90	$	99	10%
Securities Services		1		1		1		2		2	-	100%		1		2	100%
Total	$	94	$	94	$	96	$	99	$	103	4%	10%	$	91	$	101	11%

ACLL as a % of EOP loans⁽³⁾		0.36%		0.35%		0.33%		0.42%		0.44%	2 bps	8 bps
NCLs as a % of average loans		0.09%		0.05%		0.08%		0.01%		0.02%	1 bps	(7) bps		0.06%		0.02%	(4) bps

Average deposits by line of business
TTS	$	713	$	744	$	780	$	812	$	852	5%	19%	$	702	$	832	19%
Securities Services		144		149		155		149		165	11%	15%		140		157	12%
Total	$	857	$	893	$	935	$	961	$	1,017	6%	19%	$	842	$	989	17%

AUC/AUA (in trillions of dollars)⁽⁴⁾	$	28.2	$	29.7	$	31.4	$	31.6	$	34.5	9%	22%
Cross-border transaction value⁽⁵⁾	$	101.3	$	104.8	$	115.2	$	106.3	$	114.6	8%	13%	$	196.4	$	220.9	12%
U.S. dollar clearing volume (in millions)⁽⁶⁾		44.3		44.8		45.3		43.9		46.3	5%	5%		87.0		90.2	4%
Commercial card spend volume	$	17.9	$	18.4	$	17.7	$	18.6	$	20.1	8%	12%	$	35.1	$	38.7	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)	June 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)

																	2Q26 Increase/			Six			Six			YTD 2026 vs.
		2Q			3Q			4Q			1Q			2Q			(Decrease) from			Months			Months			YTD 2025 Increase
		2025			2025			2025			2026			2026			1Q26		2Q25	2025			2026			(Decrease)

Net interest income (including dividends)		$	2,824		$	2,178		$	2,761		$	2,797		$	4,002		43%		42%	$	4,748		$	6,799		43%
Fee revenue
Brokerage and fees			399			400			364			478			469		(2%)		18%		799			947		19%
Investment banking fees⁽¹⁾			106			163			120			120			143		19%		35%		241			263		9%
Other⁽²⁾			51			63			57			55			54		(2%)		6%		103			109		6%
Total fee revenue			556			626			541			653			666		2%		20%		1,143			1,319		15%

Principal transactions			2,302			2,737			1,155			3,542			2,088		(41%)		(9%)		5,587			5,630		1%
All other			298			204			152			254			251		(1%)		(16%)		577			505		(12%)
Total non-interest revenue			3,156			3,567			1,848			4,449			3,005		(32%)		(5%)		7,307			7,454		2%
Total revenues, net of interest expense			5,980			5,745			4,609			7,246			7,007		(3%)		17%		12,055			14,253		18%
Total operating expenses			3,508			3,490			3,608			3,835			3,784		(1%)		8%		6,974			7,619		9%
Net credit losses (recoveries) on loans			8			68			(12)			(3)			(10)		(233%)		NM		150			(13)		NM
Credit reserve build (release) for loans			53			(44)			(73)			23			71		209%		34%		101			94		(7%)
Provision (release) for credit losses on unfunded lending commitments			(8)			13			(7)			(23)			56		NM		NM		1			33		NM
Provisions for credit losses for other assets and HTM debt securities			55			(5)			(12)			(12)			(8)		33%		NM		57			(20)		NM
Provision for credit losses			108			32			(104)			(15)			109		NM		1%		309			94		(70%)
Income (loss) from continuing operations before taxes			2,364			2,223			1,105			3,426			3,114		(9%)		32%		4,772			6,540		37%
Income taxes (benefits)			540			500			249			797			710		(11%)		31%		1,086			1,507		39%
Income (loss) from continuing operations			1,824			1,723			856			2,629			2,404		(9%)		32%		3,686			5,033		37%
Noncontrolling interests			21			21			18			34			17		(50%)		(19%)		34			51		50%
Net income (loss)		$	1,803		$	1,702		$	838		$	2,595		$	2,387		(8%)		32%	$	3,652		$	4,982		36%
EOP assets (in billions)		$	1,164		$	1,179		$	1,185		$	1,280		$	1,363		6%		17%
Average assets (in billions)			1,219			1,229			1,247			1,325			1,406		6%		15%	$	1,169		$	1,366		17%
Efficiency ratio			59%			61%			78%			53%			54%		100 bps		(500) bps		58%			53%		(500) bps
Average allocated TCE (in billions)⁽³⁾		$	53.5		$	53.5		$	53.5		$	56.4		$	56.4		-		5%	$	53.5		$	56.4		5%
RoTCE⁽³⁾			13.5%			12.6%			6.2%			18.7%			17.0%		(170) bps		350 bps		13.8%			17.8%		400 bps

Revenue by line of business
Fixed Income Markets		$	4,388		$	4,225		$	3,554		$	5,166		$	4,706		(9%)		7%	$	8,966		$	9,872		10%
Equity Markets			1,592			1,520			1,055			2,080			2,301		11%		45%		3,089			4,381		42%
Total		$	5,980		$	5,745		$	4,609		$	7,246		$	7,007		(3%)		17%	$	12,055		$	14,253		18%

Rates and Currencies		$	3,221		$	2,963		$	2,449		$	3,311		$	3,247		(2%)		1%	$	6,337		$	6,558		3%
Spread Products / Other Fixed Income			1,167			1,262			1,105			1,855			1,459		(21%)		25%		2,629			3,314		26%
Total Fixed Income Markets revenues		$	4,388		$	4,225		$	3,554		$	5,166		$	4,706		(9%)		7%	$	8,966		$	9,872		10%

Revenue by managed geography
North America		$	2,124		$	2,270		$	1,826		$	2,559		$	2,561		-		21%	$	4,293		$	5,120		19%
International			3,856			3,475			2,783			4,687			4,446		(5%)		15%		7,762			9,133		18%
Total		$	5,980		$	5,745		$	4,609		$	7,246		$	7,007		(3%)		17%	$	12,055		$	14,253		18%

Key drivers⁽⁴⁾ (in billions of dollars)
Average loans		$	136		$	147		$	152		$	162		$	176		9%		29%	$	132		$	169		28%
NCLs (annualized) as a % of average loans			0.02%			0.18%			(0.03%)			(0.01%)			(0.02%)		(1) bps		(4) bps		0.23%			(0.02%)		(25) bps
ACLL as a % of EOP loans⁽⁵⁾			0.85%			0.78%			0.67%			0.67%			0.64%		(3) bps		(21) bps
Average trading account assets		$	547		$	555		$	556		$	573		$	603		5%		10%	$	511		$	588		15%

(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)

											2Q26 Increase/		Six		Six		YTD 2026 vs.
	2Q		3Q		4Q		1Q		2Q		(Decrease) from		Months		Months		YTD 2025 Increase
	2025		2025		2025		2026		2026		1Q26	2Q25	2025		2026		(Decrease)

Net interest income (including dividends)	$	530	$	562	$	549	$	587	$	560	(5%)	6%	$	1,021	$	1,147	12%
Fee revenue
Investment banking fees⁽¹⁾		1,058		1,169		1,287		1,232		1,492	21%	41%		2,162		2,724	26%
Other⁽²⁾		59		65		60		64		57	(11%)	(3%)		108		121	12%
Total fee revenue		1,117		1,234		1,347		1,296		1,549	20%	39%		2,270		2,845	25%
Principal transactions		(179)		(164)		(119)		(38)		(147)	(287%)	18%		(269)		(185)	31%
All other		(34)		15		(4)		(78)		(40)	49%	(18%)		(58)		(118)	(103%)
Total non-interest revenue		904		1,085		1,224		1,180		1,362	15%	51%		1,943		2,542	31%

Total revenues, net of interest expense		1,434		1,647		1,773		1,767		1,922	9%	34%		2,964		3,689	24%
Total operating expenses		1,137		1,139		1,152		1,240		1,212	(2%)	7%		2,171		2,452	13%

Net credit losses on loans		16		9		25		6		138	NM	NM		50		144	188%
Credit reserve build (release) for loans		137		38		136		175		(19)	NM	NM		215		156	(27%)
Provision (release) for credit losses on unfunded lending commitments		2		98		14		(51)		119	NM	NM		109		68	(38%)
Provisions for credit losses for other assets and HTM debt securities		18		12		1		2		4	100%	(78%)		13		6	(54%)
Provision for credit losses		173		157		176		132		242	83%	40%		387		374	(3%)
Income (loss) from continuing operations before taxes		124		351		445		395		468	18%	277%		406		863	113%
Income taxes (benefits)		33		84		90		91		117	29%	255%		93		208	124%
Income (loss) from continuing operations		91		267		355		304		351	15%	286%		313		655	109%
Noncontrolling interests		(2)		(3)		1		-		1	NM	NM		(3)		1	NM
Net income (loss)	$	93	$	270	$	354	$	304	$	350	15%	276%	$	316	$	654	107%
EOP assets (in billions)	$	148	$	141	$	140	$	154	$	145	(6%)	(2%)
Average assets (in billions)		150		149		146		154		160	4%	7%	$	147	$	157	7%
Efficiency ratio		79%		69%		65%		70%		63%	(700) bps	(1,600) bps		73%		66%	(700) bps
Average allocated TCE (in billions)⁽³⁾	$	9.2	$	9.2	$	9.2	$	7.8	$	7.8	-	(15%)	$	9.2	$	7.8	(15%)
RoTCE⁽³⁾		4.1%		11.6%		15.3%		15.8%		18.0%	220 bps	1,390 bps		6.9%		16.9%	1,000 bps

Revenue by line of business
Investment Banking	$	1,073	$	1,238	$	1,356	$	1,326	$	1,548	17%	44%	$	2,187	$	2,874	31%
Corporate Lending (excluding gain (loss) on loan hedges)⁽⁴⁾		423		453		443		391		406	4%	(4%)		825		797	(3%)
Total Banking revenues (ex-gain (loss) on loan hedges)⁽⁴⁾		1,496		1,691		1,799		1,717		1,954	14%	31%		3,012		3,671	22%
Gain (loss) on loan hedges⁽⁴⁾		(62)		(44)		(26)		50		(32)	NM	48%		(48)		18	NM
Total Banking revenues including gain (loss) on loan hedges⁽⁴⁾	$	1,434	$	1,647	$	1,773	$	1,767	$	1,922	9%	34%	$	2,964	$	3,689	24%

Business metrics—investment banking revenues⁽⁵⁾
Advisory	$	407	$	425	$	649	$	505	$	390	(23%)	(4%)	$	833	$	895	7%
Equity underwriting (Equity Capital Markets (ECM))		222		194		219		257		426	66%	92%		357		683	91%
Debt underwriting (Debt Capital Markets (DCM))		444		619		488		564		732	30%	65%		997		1,296	30%
Total	$	1,073	$	1,238	$	1,356	$	1,326	$	1,548	17%	44%	$	2,187	$	2,874	31%

Revenue by managed geography
North America	$	648	$	862	$	1,023	$	1,109	$	1,087	(2%)	68%	$	1,522	$	2,196	44%
International		786		785		750		658		835	27%	6%		1,442		1,493	4%
Total	$	1,434	$	1,647	$	1,773	$	1,767	$	1,922	9%	34%	$	2,964	$	3,689	24%

Key drivers⁽⁶⁾ (in billions of dollars)
Average loans	$	84	$	81	$	79	$	83	$	88	6%	5%	$	83	$	86	4%
NCLs (annualized) as a % of average loans		0.08%		0.04%		0.13%		0.03%		0.63%	60 bps	55 bps		0.12%		0.34%	22 bps
ACLL as a % of EOP loans⁽⁷⁾		1.72%		1.83%		2.04%		2.06%		2.16%	10 bps	44 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)

																	2Q26 Increase/				Six			Six			YTD 2026 vs.
		2Q			3Q			4Q			1Q			2Q			(Decrease) from				Months			Months			YTD 2025 Increase
		2025			2025			2025			2026			2026			1Q26		2Q25		2025			2026			(Decrease)

Net interest income		$	1,831		$	1,902		$	2,018		$	2,095		$	2,155		3%		18%		$	3,662		$	4,250		16%
Fee revenue
Commissions and fees			454			494			465			543			587		8%		29%			938			1,130		20%
Other⁽¹⁾			246			232			238			207			206		-		(16%)			493			413		(16%)
Total fee revenue			700			726			703			750			793		6%		13%			1,431			1,543		8%
All other⁽²⁾			283			211			141			220			229		4%		(19%)			478			449		(6%)
Total non-interest revenue			983			937			844			970			1,022		5%		4%			1,909			1,992		4%

Total revenues, net of interest expense			2,814			2,839			2,862			3,065			3,177		4%		13%			5,571			6,242		12%

Total operating expenses			2,313			2,375			2,377			2,415			2,377		(2%)		3%			4,703			4,792		2%
Net credit losses on loans			73			91			80			88			57		(35%)		(22%)			140			145		4%
Credit reserve build (release) for loans			(65)			(16)			6			13			-		(100%)		100%			(1)			13		NM
Provision (release) for credit losses on unfunded lending commitments			(1)			(1)			1			-			2		NM		NM			(2)			2		NM
Provisions for benefits and claims (PBC), and other assets			-			(1)			-			-			-		-		-			(4)			-		100%
Provisions for credit losses and for PBC			7			73			87			101			59		(42%)		NM			133			160		20%
Income from continuing operations before taxes			494			391			398			549			741		35%		50%			735			1,290		76%
Income taxes			109			88			99			117			158		35%		45%			159			275		73%
Income from continuing operations			385			303			299			432			583		35%		51%			576			1,015		76%
Noncontrolling interests			-			-			-			-			-		-		-			-			-		-
Net income		$	385		$	303		$	299		$	432		$	583		35%		51%		$	576		$	1,015		76%
EOP assets (in billions)		$	308		$	313		$	316		$	320		$	321		-		4%
Average assets (in billions)			305			315			325			321			324		1%		6%		$	303		$	323		7%
Efficiency ratio			82%			84%			83%			79%			75%		(400) bps		(700) bps			84%			77%		(700) bps
Average allocated TCE (in billions)⁽³⁾		$	15.4		$	15.4		$	15.4		$	16.2		$	16.2		-		5%		$	15.4		$	16.2		5%
RoTCE⁽³⁾			10.0%			7.8%			7.7%			10.8%			14.4%		360 bps		440 bps			7.5%			12.6%		510 bps

Revenue by line of business
Citigold and Retail Banking		$	1,862		$	1,969		$	2,010		$	2,062		$	2,181		6%		17%		$	3,687		$	4,243		15%
Private Bank			731			656			625			757			769		2%		5%			1,395			1,526		9%
Wealth at Work			221			214			227			246			227		(8%)		3%			489			473		(3%)
Total		$	2,814		$	2,839		$	2,862		$	3,065		$	3,177		4%		13%		$	5,571		$	6,242		12%

Revenue by managed geography
North America		$	1,729		$	1,741		$	1,825		$	1,893		$	1,977		4%		14%		$	3,463		$	3,870		12%
International			1,085			1,098			1,037			1,172			1,200		2%		11%			2,108			2,372		13%
Total		$	2,814		$	2,839		$	2,862		$	3,065		$	3,177		4%		13%		$	5,571		$	6,242		12%

Key drivers⁽⁴⁾ (in billions of dollars)

EOP client balances
Client investment assets^(5)(6)(7)		$	635		$	660		$	670		$	676		$	727		8%		14%
Deposits			400			408			413			418			415		(1%)		4%
Loans			200			202			204			205			208		2%		4%
Total		$	1,235		$	1,270		$	1,287		$	1,299		$	1,350		4%		9%

Net new investment assets (NNIA)⁽⁷⁾⁽⁸⁾		$	2.0		$	18.6		$	7.2		$	14.7		$	15.7		7%		NM		$	18.5		$	30.4		64%
Average deposits			398			405			407			414			415		-		4%			399			415		4%
Average loans			197			201			203			205			206		-		5%			196			206		5%
ACLL as a % of EOP loans⁽⁹⁾			0.34%			0.33%			0.33%			0.33%			0.33%		0 bps		(1) bps
NCLs (annualized) as a % of average loans			0.15%			0.18%			0.16%			0.17%			0.11%		(6) bps		(4) bps			0.14%			0.14%		0 bps
U.S. Retail Banking branches (actual)			650			653			655			655			655		-		1%

(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)	June 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)

(In millions of dollars, except as otherwise noted)

																	2Q26 Increase/			Six			Six			YTD 2026 vs.
		2Q			3Q			4Q			1Q			2Q			(Decrease) from			Months			Months			YTD 2025 Increase
		2025			2025			2025			2026			2026			1Q26		2Q25	2025			2026			(Decrease)

Net interest income		$	4,918		$	5,124		$	5,143		$	5,116		$	5,180		1%		5%	$	9,902		$	10,296		4%
Fee revenue
Interchange fees⁽¹⁾			2,459			2,448			2,526			2,404			2,740		14%		11%		4,744			5,144		8%
Card rewards and partner payments			(3,008)			(3,031)			(3,215)			(2,897)			(3,563)		(23%)		(18%)		(5,829)			(6,460)		(11%)
Other⁽¹⁾			103			114			114			112			160		43%		55%		199			272		37%
Total fee revenue			(446)			(469)			(575)			(381)			(663)		(74%)		(49%)		(886)			(1,044)		(18%)
All other⁽²⁾			(1)			1			(4)			22			4		(82%)		NM		22			26		18%
Total non-interest revenue			(447)			(468)			(579)			(359)			(659)		(84%)		(47%)		(864)			(1,018)		(18%)

Total revenues, net of interest expense			4,471			4,656			4,564			4,757			4,521		(5%)		1%		9,038			9,278		3%

Total operating expenses			1,626			1,644			1,794			1,711			1,794		5%		10%		3,317			3,505		6%

Net credit losses on loans			1,856			1,741			1,739			1,742			1,850		6%		-		3,810			3,592		(6%)
Credit reserve build (release) for loans			(5)			55			(117)			76			40		(47)%		NM		(179)			116		NM
Provision (release) for credit losses on unfunded lending commit.⁽³⁾			-			-			-			272			(272)		NM		NM		-			-		-
Provisions for benefits and claims (PBC), and other assets			1			3			2			2			-		(100%)		(100%)		4			2		(50%)
Provisions for credit losses and for PBC			1,852			1,799			1,624			2,092			1,618		(23%)		(13%)		3,635			3,710		2%
Income from continuing operations before taxes			993			1,213			1,146			954			1,109		16%		12%		2,086			2,063		(1%)
Income taxes			235			284			262			222			257		16%		9%		490			479		(2%)
Income from continuing operations			758			929			884			732			852		16%		12%		1,596			1,584		(1%)
Noncontrolling interests			-			-			-			-			-		-		-		-			-		-
Net income		$	758		$	929		$	884		$	732		$	852		16%		12%	$	1,596		$	1,584		(1%)
EOP assets (in billions)		$	171		$	171		$	178		$	171		$	182		6%		6%
Average assets (in billions)			168			171			173			172			178		3%		6%	$	169		$	175		4%
Efficiency ratio			36%			35%			39%			36%			40%		400 bps		400 bps		37%			38%		100 bps
Average allocated TCE (in billions)⁽⁴⁾		$	20.3		$	20.3		$	20.3		$	15.5		$	15.5		-		(24%)	$	20.3		$	15.5		(24%)
RoTCE⁽⁴⁾			15.0%			18.2%			17.3%			19.2%			22.0%		280 bps		700 bps		15.9%			20.6%		470 bps

Key drivers⁽⁵⁾(in billions)
Average loans		$	168		$	171		$	172		$	171		$	177		4%		5%	$	168		$	174		4%
ACLL as a % of EOP loans			8.08%			8.09%			7.74%			8.09%			7.68%		(41) bps		(40) bps
NCLs (annualized) as a % of average loans			4.43%			4.05%			4.00%			4.12%			4.19%		7 bps		(24) bps		4.57%			4.16%		(41) bps
Revenue rate⁽⁶⁾			10.67%			10.80%			10.53%			11.28%			10.25%		(103) bps		(42) bps		10.85%			10.75%		(10) bps
NII⁽⁷⁾ (annualized) as a % of average loans			11.74%			11.89%			11.86%			12.13%			11.74%		(39) bps		0 bps		11.89%			11.93%		4 bps

(1)	Primarily includes credit card-related fees.

(2)	Primarily related to revenue incentives from card networks.

(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)	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.

(5)	Management uses this information in reviewing the segment’s results and believes it is useful to investors concerning underlying segment performance and trends.

(6)	Total revenues, net of interest expense (annualized) as a % of average loans.

(7)	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

											2Q26 Increase/
	2Q		3Q		4Q		1Q		2Q		(Decrease) from
Key drivers⁽¹⁾⁽²⁾ (in billions of dollars, except as otherwise noted)	2025		2025		2025		2026		2026		1Q26		2Q25


New credit cards account acquisitions (in thousands)
General Purpose Credit Cards (GPCC)⁽³⁾		1,704		1,872		2,115		1,899		4,004	111%		135%
Private Label Credit Cards (PLCC)⁽⁴⁾		1,551		1,339		1,572		1,043		1,372	32%		(12%)
Credit card spend volume
GPCC	$	144.8	$	144.5	$	152.4	$	141.5	$	162.3	15%		12%
PLCC		13.9		12.6		13.9		10.5		13.2	26%		(5%)
Average loans⁽⁵⁾
GPCC	$	134.4	$	136.8	$	138.6	$	138.6	$	144.9	5%		8%
PLCC		30.1		30.0		29.8		28.9		28.3	(2%)		(6%)
Installment Lending		3.7		3.7		3.9		3.8		3.8	-		3%
EOP loans⁽⁵⁾
GPCC	$	136.8	$	137.7	$	143.2	$	138.7	$	149.2	8%		9%
PLCC		30.4		29.8		30.5		28.3		28.4	-		(7%)
Installment Lending		3.7		3.8		3.8		3.8		3.8	-		3%
NCLs as a % of average loans
GPCC		4.20%		3.85%		3.78%		3.87%		4.01%	14 bps		(19) bps
PLCC		5.18%		4.67%		4.77%		5.05%		4.79%	(26) bps		(39) bps
Installment Lending		6.29%		6.43%		6.00%		6.19%		6.54%	35 bps		25 bps
Loans 90+ days past due as a % of EOP loans
GPCC		1.30%		1.27%		1.32%		1.39%		1.21%	(18) bps		(9) bps
PLCC		2.00%		2.08%		2.13%		2.15%		1.92%	(23) bps		(8) bps
Installment Lending		0.57%		0.58%		0.58%		0.55%		0.53%	(2) bps		(4) bps
Loans 30-89 days past due as a % of EOP loans
GPCC		1.12%		1.21%		1.23%		1.20%		1.17%	(3) bps		5 bps
PLCC		1.89%		2.07%		1.99%		1.98%		1.84%	(14) bps		(5) bps
Installment Lending		1.35%		1.26%		1.37%		1.42%		1.24%	(18) bps		(11) 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)	On April 24, 2026, Citi completed the acquisition of the $6.6 billion additional American Airlines co-branded card portfolio.

(3)	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.

(4)	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.

(5)	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)

																	2Q26 Increase/		Six			Six			YTD 2026 vs.
		2Q			3Q			4Q			1Q			2Q			(Decrease) from		Months			Months			YTD 2025 Increase
		2025			2025			2025			2026			2026			1Q26	2Q25	2025			2026			(Decrease)

Net interest income		$	1,442		$	1,351		$	1,144		$	1,003		$	937		(7%)	(35%)	$	2,726		$	1,940		(29%)
Non-interest revenue⁽⁴⁾⁽⁵⁾			274			120			(1,352)			679			800		18%	192%		453			1,479		226%
Total revenues, net of interest expense			1,716			1,471			(208)			1,682			1,737		3%	1%		3,179			3,419		8%
Total operating expenses^{(5)(6)(7)(8)(9)}			2,277			2,169			2,026			2,144			2,220		4%	(3%)		4,503			4,364		(3%)
Net credit losses on loans			256			297			341			371			366		(1%)	43%		512			737		44%
Credit reserve build (release) for loans			70			16			75			13			61		369%	(13%)		143			74		(48%)
Provision (release) for credit losses on unfunded lending commitments			(6)			(6)			2			(3)			(2)		33%	67%		(7)			(5)		29%
Provisions for benefits and claims (PBC), other assets and HTM debt securities			54			24			31			19			13		(32%)	(76%)		85			32		(62%)
Provisions for credit losses and for PBC			374			331			449			400			438		10%	17%		733			838		14%
Income (loss) from continuing operations before taxes			(935)			(1,029)			(2,683)			(862)			(921)		(7%)	1%		(2,057)			(1,783)		13%
Income taxes (benefits)			(362)			(277)			(410)			(474)			(160)		66%	56%		(645)			(634)		2%
Income (loss) from continuing operations			(573)			(752)			(2,273)			(388)			(761)		(96%)	(33%)		(1,412)			(1,149)		19%
Income (loss) from discontinued operations, net of taxes			-			(1)			(1)			(1)			-		100%	-		(1)			(1)		-
Noncontrolling interests			(21)			3			16			105			162		54%	NM		(5)			267		NM
Net income (loss)		$	(552)		$	(756)		$	(2,290)		$	(494)		$	(923)		(87%)	(67%)	$	(1,408)		$	(1,417)		(1%)
EOP assets (in billions)		$	214		$	211		$	210		$	204		$	239		17%	12%
Average assets (in billions)			213			209			202			208			209		-	(2%)	$	209		$	207		(1%)
Efficiency ratio			133%			147%			(974%)			127%			128%		NM	NM		142%			128%		NM
Average allocated TCE (in billions)⁽¹⁰⁾		$	40.7		$	40.9		$	39.0		$	39.8		$	39.7		-	(2%)	$	39.3		$	39.8		1%

Revenue by line of business
Mexico Consumer/SBMM		$	1,536		$	1,722		$	1,775		$	2,054		$	1,991		(3%)	30%	$	3,003		$	4,045		35%
Asia Consumer^(4)(11)			155			149			(1,434)			105			77		(27%)	(50%)		290			182		(37%)
Legacy Holdings Assets (LHA)			-			-			(12)			2			(15)		NM	NM		19			(13)		NM
Corporate/Other			25			(400)			(537)			(479)			(316)		34%	NM		(133)			(795)		(498%)
Total		$	1,716		$	1,471		$	(208)		$	1,682		$	1,737		3%	1%	$	3,179		$	3,419		8%

Mexico Consumer/SBMM—key indicators (in billions of dollars)
EOP loans		$	26.8		$	28.5		$	30.0		$	30.6		$	32.0		5%	19%
EOP deposits			38.4			40.6			43.8			43.8			46.0		5%	20%
Average loans			25.5			27.2			29.2			30.7			31.7		3%	24%
NCLs as a % of average loans (Mexico Consumer only)			5.28%			5.46%			5.91%			6.37%			6.13%		(24) bps	85 bps
Loans 90+ days past due as a % of EOP loans (Mexico Consumer only)			1.58%			1.60%			1.72%			1.71%			1.79%		8 bps	21 bps
Loans 30-89 days past due as a % of EOP loans (Mexico Consumer only)			1.52%			1.58%			1.59%			1.64%			1.59%		(5) bps	7 bps

Asia Consumer—key indicators (in billions of dollars)^(12)(13)
EOP loans		$	3.0		$	2.7		$	2.5		$	2.2		$	2.1		(5%)	(30%)
EOP deposits			1.5			1.3			1.1			0.9			0.8		(11%)	(47%)
Average loans			4.0			2.8			2.6			2.4			2.2		(8%)	(45%)

Legacy Holdings Assets—key indicators (in billions of dollars)
EOP loans		$	2.1		$	1.8		$	1.8		$	1.7		$	1.1		(35%)	(48%)

(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.

(12)	Asia Consumer also includes loans and deposits in Poland (through 1Q25).

(13)	The key indicators for Asia Consumer also reflect the reclassification of loans and deposits to Other assets and Other liabilities under HFS accounting on Citi’s Consolidated Balance Sheet beginning in 2Q25.

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)

											2Q26 Increase/		Six		Six		YTD 2026 vs.
	2Q		3Q		4Q		1Q		2Q		(Decrease) from		Months		Months		YTD 2025 Increase
	2025		2025		2025		2026		2026		1Q26	2Q25	2025		2026		(Decrease)
Net interest income	$	1,271	$	1,338	$	1,379	$	1,479	$	1,484	-	17%	$	2,438	$	2,963	22%
Non-interest revenue⁽⁴⁾⁽⁵⁾		420		533		(1,050)		682		569	(17%)	35%		874		1,251	43%
Total revenues, net of interest expense		1,691		1,871		329		2,161		2,053	(5%)	21%		3,312		4,214	27%

Total operating expenses^{(5)(6)(7)(8)(9)}		1,287		1,320		1,222		1,324		1,243	(6%)	(3%)		2,621		2,567	(2%)

Net credit losses on loans		256		297		341		371		366	(1%)	43%		512		737	44%
Credit reserve build (release) for loans		70		16		75		13		61	369%	(13%)		143		74	(48%)
Provision (release) for credit losses on unfunded lending commitments		(6)		(6)		2		(3)		(2)	33%	67%		(7)		(5)	29%
Provisions for benefits and claims (PBC), other assets and HTM debt securities		51		20		29		28		15	(46%)	(71%)		81		43	(47%)
Provisions for credit losses and for PBC		371		327		447		409		440	8%	19%		729		849	16%
Income (loss) from continuing operations before taxes		33		224		(1,340)		428		370	(14%)	NM		(38)		798	NM
Income taxes (benefits)		(5)		66		147		137		120	(12%)	NM		(30)		257	NM
Income (loss) from continuing operations		38		158		(1,487)		291		250	(14%)	NM		(8)		541	NM
Noncontrolling interests		(22)		3		9		114		159	39%	NM		(8)		273	NM
Net income (loss)	$	60	$	155	$	(1,496)	$	177	$	91	(49%)	52%	$	-	$	268	NM
EOP assets (in billions)	$	83	$	86	$	86	$	87	$	87	-	5%
Average assets (in billions)		81		85		87		88		90	2%	11%	$	79	$	89	13%
Efficiency ratio		76%		71%		371%		61%		61%	NM	NM		79%		61%	NM
Average allocated TCE (in billions)⁽¹⁰⁾	$	5.1	$	5.1	$	5.1	$	5.7	$	5.7	-	12%	$	5.1	$	5.7	12%

Revenue by line of business
Mexico Consumer/SBMM⁽³⁾	$	1,536	$	1,722	$	1,775	$	2,054	$	1,991	(3%)	30%	$	3,003	$	4,045	35%
Asia Consumer^{(4) (11)}		155		149		(1,434)		105		77	(27%)	(50%)		290		182	(37%)
Legacy Holdings Assets (LHA)		-		-		(12)		2		(15)	NM	NM		19		(13)	NM
Total	$	1,691	$	1,871	$	329	$	2,161	$	2,053	(5%)	21%	$	3,312	$	4,214	27%

Mexico Consumer/SBMM⁽³⁾—key indicators (in billions of dollars)
EOP loans	$	26.8	$	28.5	$	30.0	$	30.6	$	32.0	5%	19%
EOP deposits		38.4		40.6		43.8		43.8		46.0	5%	20%
Average loans		25.5		27.2		29.2		30.7		31.7	3%	24%
NCLs as a % of average loans (Mexico Consumer only)		5.28%		5.46%		5.91%		6.37%		6.13%	(24) bps	85 bps
Loans 90+ days past due as a % of EOP loans (Mexico Consumer only)		1.58%		1.60%		1.72%		1.71%		1.79%	8 bps	21 bps
Loans 30-89 days past due as a % of EOP loans (Mexico Consumer only)		1.52%		1.58%		1.59%		1.64%		1.59%	(5) bps	7 bps

Asia Consumer—key indicators (in billions of dollars)^(12)(13)
EOP loans	$	3.0	$	2.7	$	2.5	$	2.2	$	2.1	(5%)	(30%)
EOP deposits		1.5		1.3		1.1		0.9		0.8	(11%)	(47%)
Average loans		4.0		2.8		2.6		2.4		2.2	(8%)	(45%)

Legacy Holdings Assets—key indicators (in billions of dollars)
EOP loans	$	2.1	$	1.8	$	1.8	$	1.7	$	1.1	(35%)	(48%)

(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, Citigroup's U.K. consumer banking business and other legacy assets).

(4)

(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.

(12)	Asia Consumer also includes loans and deposits in Poland (through 1Q25).

(13)	The key indicators for Asia Consumer also reflect the reclassification of loans and deposits to Other assets and Other liabilities under HFS accounting on Citi’s Consolidated Balance Sheet beginning in 2Q25.

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)

																2Q26 Increase/				Six			Six			YTD 2026 vs.
		2Q			3Q		4Q			1Q			2Q			(Decrease) from				Months			Months			YTD 2025 Increase
		2025			2025		2025			2026			2026			1Q26		2Q25		2025			2026			(Decrease)

Net interest income		$	171		$	13	$	(235)		$	(476)		$	(547)		(15%)		NM		$	288		$	(1,023)		NM
Non-interest revenue			(146)			(413)		(302)			(3)			231		NM		NM			(421)			228		NM
Total revenues, net of interest expense			25			(400)		(537)			(479)			(316)		34%		NM			(133)			(795)		(498%)

Total operating expenses			990			849		804			820			977		19%		(1%)			1,882			1,797		(5%)
Provisions for other assets, HTM debt securities and other			3			4		2			(9)			(2)		78%		NM			4			(11)		NM
Income (loss) from continuing operations before taxes			(968)			(1,253)		(1,343)			(1,290)			(1,291)		-		(33%)			(2,019)			(2,581)		(28%)
Income taxes (benefits)			(357)			(343)		(557)			(611)			(280)		54%		22%			(615)			(891)		(45%)
Income (loss) from continuing operations			(611)			(910)		(786)			(679)			(1,011)		(49%)		(65%)			(1,404)			(1,690)		(20%)
Income (loss) from discontinued operations, net of taxes			-			(1)		(1)			(1)			-		100%		-			(1)			(1)		-
Noncontrolling interests			1			-		7			(9)			3		NM		200%			3			(6)		NM
Net income (loss)		$	(612)		$	(911)	$	(794)		$	(671)		$	(1,014)		(51%)		(66%)		$	(1,408)		$	(1,685)		(20%)

EOP assets (in billions)		$	131		$	125	$	124		$	117		$	152		30%		16%
Average allocated TCE (in billions)⁽²⁾			35.6			35.8		33.9			34.1			34.0		-		(4%)		$	34.2		$	34.1		-

(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)

											2Q26 Increase/		Six		Six		YTD 2026 vs.
	2Q		3Q		4Q		1Q		2Q		(Decrease) from		Months		Months		YTD 2025 Increase
	2025		2025		2025		2026		2026		1Q26	2Q25	2025		2026		(Decrease)

Net interest income	$	-	$	-	$	-	$	-	$	-	-	-	$	-	$	-	-
Non-interest revenue⁽²⁾		(177)		2		(1)		13		20	54%	NM		(177)		33	NM
Total revenues, net of interest expense		(177)		2		(1)		13		20	54%	NM		(177)		33	NM
Total operating expenses^{(2)(3)(4)(5)(6)}		37		766		40		31		25	(19%)	(32%)		71		56	(21%)
Net credit losses on loans		5		(3)		(2)		1		(2)	NM	NM		5		(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		5		(3)		(1)		1		(2)	NM	NM		(6)		(1)	83%
Income (loss) from continuing operations before taxes		(219)		(761)		(40)		(19)		(3)	84%	99%		(242)		(22)	91%
Income taxes (benefits)		(39)		16		70		(7)		(1)	86%	97%		(47)		(8)	83%
Income (loss) from continuing operations		(180)		(777)		(110)		(12)		(2)	83%	99%		(195)		(14)	93%
Income (loss) from discontinued operations, net of taxes		-		-		-		-		-	-	-		-		-	-
Noncontrolling interests		-		-		-		-		-	-	-		-		-	-
Net income (loss)	$	(180)	$	(777)	$	(110)	$	(12)	$	(2)	83%	99%	$	(195)	$	(14)	93%

(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)

2Q25 includes (i) an approximate $186 million loss recorded in revenue (approximately $157 million after-tax) related to the announced sale of the Poland consumer banking business; and (ii) approximately $37 million in operating expenses (approximately $26 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, 2025.

(3)

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.

(4)	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.

(5)	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.

(6)	2Q26 includes approximately $25 million in operating expenses (approximately $18 million after-tax), primarily 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⁾


		2Q25			1Q26			2Q26⁽⁵⁾			2Q25			1Q26			2Q26⁽⁵⁾			2Q25		1Q26		2Q26⁽⁵⁾
Assets
Deposits with banks		$	298,158		$	344,971		$	359,133		$	3,043		$	3,194		$	3,375		4.09%		3.75%		3.77%
Securities borrowed and purchased under resale agreements⁽⁶⁾			375,205			394,172			440,589			6,621			6,681			6,852		7.08%		6.87%		6.24%
Trading account assets⁽⁷⁾			506,877			535,116			559,737			5,821			4,897			6,112		4.61%		3.71%		4.38%
Investments			449,852			443,526			453,144			4,215			4,028			4,098		3.76%		3.68%		3.63%
Consumer loans			390,349			403,807			410,349			9,771			9,977			10,156		10.04%		10.02%		9.93%
Corporate loans			321,827			351,398			374,696			5,212			5,269			5,502		6.50%		6.08%		5.89%
Total loans (net of unearned income)⁽⁸⁾			712,176			755,205			785,045			14,983			15,246			15,658		8.44%		8.19%		8.00%
Other interest-earning assets			83,064			123,549			113,683			1,204			1,496			1,595		5.81%		4.91%		5.63%
Total average interest-earning assets		$	2,425,332		$	2,596,539		$	2,711,331		$	35,887		$	35,542		$	37,690		5.93%		5.55%		5.58%

Liabilities
Deposits		$	1,138,996		$	1,236,277		$	1,295,173		$	8,685		$	8,253		$	8,747		3.06%		2.71%		2.71%
Securities loaned and sold under repurchase agreements⁽⁶⁾			421,198			412,607			449,213			6,938			6,598			6,713		6.61%		6.49%		5.99%
Trading account liabilities⁽⁷⁾			104,148			118,413			131,577			748			769			788		2.88%		2.63%		2.40%
Short-term borrowings and other interest-bearing liabilities			140,571			185,229			189,438			1,800			1,832			2,046		5.14%		4.01%		4.33%
Long-term debt⁽⁹⁾			182,803			184,573			176,982			2,513			2,320			2,243		5.51%		5.10%		5.08%
Total average interest-bearing liabilities		$	1,987,716		$	2,137,099		$	2,242,383		$	20,684		$	19,772		$	20,537		4.17%		3.75%		3.67%


Net interest income as a % of average interest-earning assets (NIM)⁽⁹⁾											$	15,203		$	15,770		$	17,153		2.51%		2.46%		2.54%

2Q26 increase (decrease) from:																				3 bps		8 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 $28 million for 2Q25, $29 million for 1Q26 and $28 million for 2Q26.

(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)	2Q26 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)

											2Q26 Increase/
	2Q		3Q		4Q		1Q		2Q		(Decrease) from
	2025		2025		2025		2026		2026		1Q26		2Q25


Corporate loans by region
North America	$	146.5	$	150.1	$	155.2	$	163.6	$	174.8	7%		19%
International		183.1		185.2		188.5		195.6		202.3	3%		10%
Total corporate loans	$	329.6	$	335.3	$	343.7	$	359.2	$	377.1	5%		14%

Corporate loans by segment and reporting unit
Services	$	96.4	$	99.4	$	99.5	$	101.5	$	106.6	5%		11%
Markets		144.3		149.7		159.4		165.2		182.5	10%		26%
Banking		81.9		78.8		77.2		84.6		79.8	(6%)		(3%)
All Other—Legacy Franchises—Mexico SBMM and AFG⁽³⁾		7.0		7.4		7.6		7.9		8.2	4%		17%
Total corporate loans	$	329.6	$	335.3	$	343.7	$	359.2	$	377.1	5%		14%

Wealth by region
North America	$	147.3	$	148.2	$	150.2	$	150.4	$	151.9	1%		3%
International		52.7		53.5		54.1		54.6		56.2	3%		7%
Total	$	200.0	$	201.7	$	204.3	$	205.0	$	208.1	2%		4%

USCC
GPCC	$	136.8	$	137.7	$	143.2	$	138.7	$	149.2	8%		9%
PLCC		30.4		29.8		30.5		28.3		28.4	-		(7%)
Installment Lending		3.7		3.8		3.8		3.8		3.8	-		3%
Total	$	170.9	$	171.3	$	177.5	$	170.8	$	181.4	6%		6%

All Other—Consumer
Mexico Consumer	$	20.0	$	21.2	$	22.5	$	22.8	$	23.9	5%		20%
Asia Consumer		3.0		2.7		2.5		2.2		2.1	(5%)		(30%)
Legacy Holdings Assets (LHA)		1.9		1.7		1.7		1.6		1.0	(38%)		(47%)
Total	$	24.9	$	25.6	$	26.7	$	26.6	$	27.0	2%		8%

Total consumer loans	$	395.8	$	398.6	$	408.5	$	402.4	$	416.5	4%		5%

Total loans—EOP	$	725.3	$	733.9	$	752.2	$	761.6	$	793.7	4%		9%

Total loans—average	$	712.2	$	725.0	$	736.7	$	755.2	$	785.0	4%		10%

NCLs as a % of total average loans		1.26%		1.21%		1.18%		1.19%		1.23%	4 bps		(3) bps

(1)	Corporate loans include loans managed by Services, Markets, Banking, and All Other—Legacy Franchises—Mexico SBMM, and the AFG.

(2)	Consumer loans include loans managed by USCC, Wealth, and All Other—Legacy Franchises (other than Mexico SBMM, and the AFG).

(3)	Includes Legacy Franchises corporate loans activity related to Mexico SBMM and AFG (AFG was previously reported in Markets; all periods have been reclassified to reflect this move into Legacy Franchises), 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)

																	2Q26 Increase/
		2Q			3Q			4Q			1Q			2Q			(Decrease) from
		2025			2025			2025			2026			2026			1Q26		2Q25

Services, Markets, and Banking by region (institutional)
North America		$	414.4		$	428.3		$	452.9		$	478.5		$	518.1		8%		25%
International			477.2			483.1			481.3			499.3			504.3		1%		6%
Total		$	891.6		$	911.4		$	934.2		$	977.8		$	1,022.4		5%		15%

Treasury and Trade Solutions		$	726.4		$	740.0		$	779.4		$	804.5		$	828.2		3%		14%
Securities Services			148.1			151.3			138.4			155.2			174.6		13%		18%
Services		$	874.5		$	891.3		$	917.8		$	959.7		$	1,002.8		4%		15%
Markets			16.7			19.3			16.0			17.7			19.1		8%		14%
Banking			0.4			0.8			0.4			0.4			0.5		25%		25%
Total		$	891.6		$	911.4		$	934.2		$	977.8		$	1,022.4		5%		15%

Wealth
North America		$	277.3		$	278.5		$	285.6		$	285.8		$	279.7		(2%)		1%
International			123.1			129.2			126.9			132.1			135.7		3%		10%
Total		$	400.4		$	407.7		$	412.5		$	417.9		$	415.4		(1%)		4%

All Other
Legacy Franchises
Mexico Consumer		$	28.5		$	29.7		$	33.3		$	32.6		$	34.4		6%		21%
Mexico SBMM—corporate			9.9			10.9			10.5			11.2			11.6		4%		17%
Asia Consumer			1.5			1.3			1.1			0.9			0.8		(11%)		(47%)
Legacy Holdings Assets (LHA)⁽¹⁾			0.1			0.1			0.1			0.1			0.1		-		-
Corporate/Other			25.7			22.8			11.9			5.7			7.9		39%		(69%)
Total		$	65.7		$	64.8		$	56.9		$	50.5		$	54.8		9%		(17%)

Total deposits—EOP		$	1,357.7		$	1,383.9		$	1,403.6		$	1,446.2		$	1,492.6		3%		10%

Total deposits—average		$	1,342.8		$	1,382.2		$	1,422.3		$	1,446.4		$	1,503.5		4%		12%

(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		YTD 2026		FX/Other⁽¹⁾		6/30/26		6/30/26

Allowance for credit losses on loans (ACLL)
Services	$	264	$	24	$	53	$	(4)	$	(18)	$	55	$	8	$	327	$	97		$	46	$	143	$	4	$	474
Markets		1,030		48		53		(44)		(73)		(16)		13		1,027		23			71		94		(3)		1,118
Banking		1,167		78		137		38		136		389		22		1,578		175			(19)		156		(13)		1,721
Legacy Franchises corporate (Mexico SBMM and AFG⁽²⁾)		95		4		16		(12)		6		14		12		121		4			10		14		3		138
Total corporate ACLL	$	2,556	$	154	$	259	$	(22)	$	51	$	442	$	55	$	3,053	$	299		$	108	$	407	$	(9)	$	3,451	0.94%
U.S. Cards	$	13,560	$	(169)	$	(12)	$	44	$	(102)	$	(239)	$	3	$	13,324	$	78		$	41	$	119	$	75	$	13,518	7.61%
Installment lending		425		(5)		7		11		(15)		(2)		(1)		422		(2)			(1)		(3)		-		419
Total USCC	$	13,985	$	(174)	$	(5)	$	55	$	(117)	$	(241)	$	2	$	13,746	$	76		$	40	$	116	$	75	$	13,937
Wealth		673		64		(65)		(16)		6		(11)		7		669		13			-		13		(1)		681
All Other—consumer		1,360		58		54		28		70		210		209		1,779		9			51		60		53		1,892
Total consumer ACLL	$	16,018	$	(52)	$	(16)	$	67	$	(41)	$	(42)	$	218	$	16,194	$	98		$	91	$	189	$	127	$	16,510	3.96%
Total ACLL	$	18,574	$	102	$	243	$	45	$	10	$	400	$	273	$	19,247	$	397		$	199	$	596	$	118	$	19,961	2.54%
Allowance for credit losses on unfunded lending commitments (ACLUC)⁽³⁾	$	1,601	$	108	$	(19)	$	100	$	13	$	202	$	30	$	1,833	$	184		$	(97)	$	87	$	(21)	$	1,899
Total ACLL and ACLUC		20,175		210		224		145		23		602		303		21,080		581			102		683		97		21,860
Other⁽⁴⁾⁽⁵⁾		2,002		34		388		74		(17)		479		(2,188)		293		3			(1)		2		(4)		291
Total ACL	$	22,177	$	244	$	612	$	219	$	6	$	1,081	$	(1,885)	$	21,373	$	584		$	101	$	685	$	93	$	22,151

(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)

																	2Q26 Increase/			Six			Six			YTD 2026 vs.
		2Q			3Q			4Q			1Q			2Q			(Decrease) from			Months			Months			YTD 2025 Increase
		2025			2025			2025			2026			2026			1Q26		2Q25	2025			2026			(Decrease)

Total Citigroup
Allowance for credit losses on loans (ACLL) at beginning of period		$	18,726		$	19,123		$	19,206		$	19,247		$	19,636		2%		5%	$	18,574		$	19,247		4%
Gross credit (losses) on loans			(2,723)			(2,726)			(2,724)			(2,820)			(2,981)		(6%)		(9%)		(5,649)			(5,801)		(3%)
Gross recoveries on loans			489			512			534			612			577		(6%)		18%		956			1,189		24%
Net credit (losses) / recoveries on loans (NCLs)			(2,234)			(2,214)			(2,190)			(2,208)			(2,404)		9%		8%		(4,693)			(4,612)		(2%)
Replenishment of NCLs			2,234			2,214			2,190			2,208			2,404		9%		8%		4,693			4,612		(2%)
Net reserve builds / (releases) for loans			243			45			10			397			199		(50%)		(18%)		345			596		73%
Provision for credit losses on loans (PCLL)			2,477			2,259			2,200			2,605			2,603		-		5%		5,038			5,208		3%
Other, net^{(1)(2)(3)(4)(5)(6)}			154			38			31			(8)			126		NM		(18%)		204			118		(42%)
ACLL at end of period (a)		$	19,123		$	19,206		$	19,247		$	19,636		$	19,961		2%		4%	$	19,123		$	19,961		4%

Allowance for credit losses on unfunded lending commitments (ACLUC)⁽⁷⁾⁽⁸⁾ (a)		$	1,721		$	1,820		$	1,833		$	2,013		$	1,899		(6%)		10%	$	1,721		$	1,899		10%

Provision (release) for credit losses on unfunded lending commitments⁽⁸⁾		$	(19)		$	100		$	13		$	184		$	(97)		NM		(411%)	$	89		$	87		(2%)

Total allowance for credit losses on loans, leases and unfunded lending commitments [sum of (a)]		$	20,844		$	21,026		$	21,080		$	21,649		$	21,860		1%		5%	$	20,844		$	21,860		5%

Total ACLL as a % of total loans⁽⁹⁾			2.67%			2.65%			2.58%			2.61%			2.54%		(7) bps		(13) bps
Total NCLs (annualized) as a % of average loans			1.26%			1.21%			1.18%			1.19%			1.23%		4 bps		(3) bps		1.35%			1.21%		(14) bps

Consumer
ACLL at beginning of period		$	16,001		$	16,100		$	16,205		$	16,194		$	16,297		1%		2%	$	16,018		$	16,194		1%

NCLs			(2,185)			(2,122)			(2,148)			(2,200)			(2,270)		3%		4%		(4,462)			(4,470)		-
Replenishment of NCLs			2,185			2,122			2,148			2,200			2,270		3%		4%		4,462			4,470		-
Net reserve builds / (releases) for loans			(16)			67			(41)			98			91		(7%)		NM		(68)			189		NM
Provision for credit losses on loans (PCLL)			2,169			2,189			2,107			2,298			2,361		3%		9%		4,394			4,659		6%
Other, net^{(1)(2)(3)(4)(5)(6)}			115			38			30			5			122		NM		6%		150			127		(15%)
ACLL at end of period (b)		$	16,100		$	16,205		$	16,194		$	16,297		$	16,510		1%		3%	$	16,100		$	16,510		3%

Consumer ACLUC⁽⁷⁾⁽⁸⁾ (b)		$	24		$	20		$	24		$	297		$	23		(92%)		(4%)	$	24		$	23		(4%)

Provision (release) for credit losses on unfunded lending commitments⁽⁸⁾		$	(1)		$	(4)		$	3		$	274		$	(274)		NM		NM	$	(4)		$	2		NM

Total allowance for credit losses on loans, leases and unfunded lending commitments [sum of (b)]		$	16,124		$	16,225		$	16,218		$	16,594		$	16,533		-		3%	$	16,124		$	16,533		3%

Consumer ACLL as a % of total consumer loans			4.07%			4.07%			3.96%			4.05%			3.96%		(9) bps		(11) bps
Consumer NCLs (annualized) as a % of average loans			2.25%			2.12%			2.12%			2.21%			2.22%		1 bps		(3) bps		2.32%			2.21%		(11) bps

Corporate
ACLL at beginning of period		$	2,725		$	3,023		$	3,001		$	3,053		$	3,339		9%		23%	$	2,556		$	3,053		19%

NCLs			(49)			(92)			(42)			(8)			(134)		NM		173%		(231)			(142)		(39%)
Replenishment of NCLs			49			92			42			8			134		NM		173%		231			142		(39%)
Net reserve builds / (releases) for loans			259			(22)			51			299			108		(64%)		(58%)		413			407		(1%)
Provision for credit losses on loans (PCLL)			308			70			93			307			242		(21%)		(21%)		644			549		(15%)
Other, net⁽¹⁾			39			-			1			(13)			4		NM		(90%)		54			(9)		NM
ACLL at end of period (c)		$	3,023		$	3,001		$	3,053		$	3,339		$	3,451		3%		14%	$	3,023		$	3,451		14%

Corporate ACLUC⁽⁷⁾ (c)		$	1,697		$	1,800		$	1,809		$	1,716		$	1,876		9%		11%	$	1,697		$	1,876		11%

Provision (release) for credit losses on unfunded lending commitments		$	(18)		$	104		$	10		$	(90)		$	177		NM		NM	$	93		$	85		(9%)

Total allowance for credit losses on loans, leases and unfunded lending commitments [sum of (c)]		$	4,720		$	4,801		$	4,862		$	5,055		$	5,327		5%		13%	$	4,720		$	5,327		13%

Corporate ACLL as a % of total corporate loans⁽¹⁰⁾			0.94%			0.92%			0.91%			0.95%			0.94%		(1) bps		0 bps
Corporate NCLs (annualized) as a % of average loans			0.06%			0.11%			0.05%			0.01%			0.14%		13 bps		8 bps		0.15%			0.08%		(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)	2Q25 includes an approximate $25 million reclass related to Citi's agreement to sell its Poland consumer banking business. That ACLL was transferred to Other assets beginning June 30, 2025. 2Q25 also includes FX translation.

(3)	3Q25 primarily relates to FX translation.

(4)	4Q25 primarily relates to FX translation.

(5)	1Q26 primarily relates to FX translation.

(6)	2Q26 includes approximately $78 million related to an acquired portfolio and an increase of approximately $48 million related 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 $9.3 billion, $7.9 billion, $6.9 billion, $8.5 billion, and $8.2 billion at June 30, 2025, September 30, 2025, December 31, 2025, March 31, 2026, and June 30, 2026, respectively.

(10)	Excludes loans that are carried at fair value of $9.2 billion, $7.9 billion, $6.8 billion, $8.5 billion, and $8.2 billion at June 30, 2025, September 30, 2025, December 31, 2025, March 31, 2026, and June 30, 2026, respectively.

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page 20

NON-ACCRUAL ASSETS

(In millions of dollars)

											2Q26 Increase/
	2Q		3Q		4Q		1Q		2Q		(Decrease) from
	2025		2025		2025		2026		2026		1Q26	2Q25

Corporate non-accrual loans by region⁽¹⁾
North America	$	953	$	1,280	$	1,145	$	955	$	784	(18%)	(18%)
International		769		791		856		1,002		963	(4%)	25%
Total	$	1,722	$	2,071	$	2,001	$	1,957	$	1,747	(11%)	1%

Corporate non-accrual loans⁽¹⁾
Banking	$	502	$	820	$	919	$	971	$	772	(20%)	54%
Services		134		187		337		393		419	7%	213%
Markets		932		926		622		472		413	(13%)	(56%)
Mexico SBMM and AFG		154		138		123		121		143	18%	(7%)
Total	$	1,722	$	2,071	$	2,001	$	1,957	$	1,747	(11%)	1%

Consumer non-accrual loans⁽¹⁾
Wealth	$	945	$	886	$	847	$	660	$	728	10%	(23%)
USCC		21		22		22		21		20	(5%)	(5%)
Mexico Consumer		485		526		585		577		631	9%	30%
Asia Consumer		16		16		15		12		13	8%	(19%)
Legacy Holdings Assets—Consumer		165		157		149		144		90	(38%)	(45%)
Total	$	1,632	$	1,607	$	1,618	$	1,414	$	1,482	5%	(9%)

Total non-accrual loans (NAL)	$	3,354	$	3,678	$	3,619	$	3,371	$	3,229	(4%)	(4%)

Other real estate owned (OREO)⁽²⁾	$	26	$	29	$	22	$	34	$	34	-	31%

NAL as a percentage of total loans		0.46%		0.50%		0.48%		0.44%		0.41%	(3) bps	(5) bps

ACLL as a percentage of NAL		570%		522%		532%		582%		618%

(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)


		Jun. 30,			Sep. 30,			Dec. 31,			March 31,			June 30,
Regulatory Capital, Ratios and Components			2025			2025			2025			2026			2026⁽¹⁾

Risk-Based Capital Metrics
Standarized Approach
CET1 Capital		$	158,943		$	158,480		$	157,099		$	154,729		$	157,539
Tier 1 Capital			176,619			178,793			179,675			176,885			181,026
Total Capital			212,915			215,365			216,468			213,683			217,671
Risk-Weighted Assets (RWA)			1,178,756			1,194,274			1,192,174			1,214,025			1,230,414
CET1 Capital Ratio			13.48%	(a)		13.27%	(a)		13.18%	(a)		12.75%	(a)		12.8%	(a)
Tier 1 Capital Ratio			14.98%	(a)		14.97%	(a)		15.07%			14.57%	(a)		14.7%	(a)
Total Capital Ratio			18.06%			18.03%			18.16%			17.60%			17.7%

Advanced Approaches
CET1 Capital		$	158,943		$	158,480		$	157,099		$	154,729		$	157,539
Tier 1 Capital			176,619			178,793			179,675			176,885			181,026
Total Capital			204,181			206,617			206,170			204,606			208,363
Risk-Weighted Assets (RWA)			1,335,913			1,349,747			1,316,371			1,323,969			1,327,726
CET1 Capital Ratio			11.90%			11.74%			11.93%			11.69%			11.9%
Tier 1 Capital Ratio			13.22%			13.25%			13.65%	(a)		13.36%			13.6%
Total Capital Ratio			15.28%	(a)		15.31%	(a)		15.66%	(a)		15.45%	(a)		15.7%	(a)

CET1 Capital Composition
Citigroup common stockholders’ equity⁽²⁾		$	196,931		$	194,038		$	192,304		$	191,478		$	192,534
Add: qualifying noncontrolling interests			200			217			226			236			167
Regulatory capital adjustments and deductions:
Less:
Accumulated net unrealized gains (losses) on cash flow hedges, net of tax			(141)			(116)			10			(239)			(510)
Cumulative unrealized net gain (loss) related to changes in fair value of financial liabilities attributable to own creditworthiness, net of tax			(408)			(1,443)			(1,919)			(431)			(1,638)
Intangible assets:
Goodwill, net of related deferred tax liabilities (DTLs)⁽³⁾			18,524			17,876			18,482			18,373			18,391
Identifiable intangible assets other than mortgage servicing rights (MSRs), net of related DTLs			3,236			3,169			3,135			3,150			3,829
Defined benefit pension plan net assets and other			1,610			1,725			1,822			1,730			1,712
Deferred tax assets (DTAs) arising from net operating loss, foreign tax credit and general business credit carry-forwards			11,163			10,807			10,784			10,465			10,214
Excess over 10% / 15% limitations for other DTAs, certain common stock investments and MSRs⁽⁴⁾			4,204			3,757			3,117			3,937			3,164
CET1 Capital		$	158,943		$	158,480		$	157,099		$	154,729		$	157,539

Supplementary Leverage Ratio and Components
CET1 Capital		$	158,943		$	158,480		$	157,099		$	154,729		$	157,539
Additional Tier 1 Capital (AT1)⁽⁵⁾			17,676			20,313			22,576			22,156			23,487
Total Tier 1 Capital (T1C) (CET1 + AT1)		$	176,619		$	178,793		$	179,675		$	176,885		$	181,026
Total Leverage Exposure (TLE)		$	3,195,323		$	3,236,413		$	3,276,212		$	3,368,515		$	3,502,704
Supplementary Leverage ratio (T1C/TLE)			5.53%			5.52%			5.48%			5.25%			5.2%

(a)	Denotes Cit’s binding constraint for each respective quarter.

(1)	June 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)

																	2Q26 Increase/			Six		Six		YTD 2026 vs.
		2Q			3Q			4Q			1Q			2Q			(Decrease) from			Months		Months		YTD 2025 Increase
		2025			2025			2025			2026			2026			1Q26		2Q25	2025		2026		(Decrease)
Tangible Common Equity, Book Value Per Share and Tangible Book Value Per Share
Common stockholders' equity		$	196,872		$	193,973		$	192,241		$	191,409		$	192,465		1%		(2%)
Less:
Goodwill			19,878			19,126			19,098			18,997			19,012
Identifiable intangible assets (other than MSRs)			3,639			3,582			3,525			3,539			4,216
Goodwill and identifiable intangible assets (other than MSRs) related to businesses HFS			16			-			-			-			-
Tangible common equity (TCE)⁽¹⁾		$	173,339		$	171,265		$	169,618		$	168,873		$	169,237		-		(2%)
Common shares outstanding (CSO)			1,840.9			1,789.3			1,747.5			1,705.6			1,677.4		(2%)		(9%)
Book value per share (common equity/CSO)		$	106.94		$	108.41		$	110.01		$	112.22		$	114.74		2%		7%
Tangible book value per share (TCE/CSO)⁽¹⁾		$	94.16		$	95.72		$	97.06		$	99.01		$	100.89		2%		7%

Return on Common Equity (RoCE) and Return on Tangible Common Equity (RoTCE)
Net income (loss)		$	4,019		$	3,752		$	2,471		$	5,785		$	5,831					$	8,083	$	11,616
Preferred dividends			287			274			284			305			338						556		643
Net income (loss) available to common shareholders			3,732			3,478			2,187			5,480			5,493						7,527		10,973
Average common stockholders' equity			195,622			195,471			193,205			192,606			193,160		-		(1%)		193,708		192,883	-
Less:
Average goodwill and intangibles			23,482			23,169			22,763			23,360			24,105						23,049		23,640
Average TCE		$	172,140		$	172,302		$	170,442		$	169,246		$	169,055		-		(2%)	$	170,659	$	169,243	(1%)
RoCE			7.7%			7.1%			4.5%			11.5%			11.4%		(10) bps		370 bps		7.8%		11.5%	370 bps
RoTCE			8.7%			8.0%			5.1%			13.1%			13.0%		(10) bps		430 bps		8.9%		13.1%	420 bps

Average TCE (in billions of dollars)⁽¹⁾⁽²⁾
Services		$	33.0		$	33.0		$	33.0		$	33.5		$	33.5		-		2%	$	33.0	$	33.5	2%
Markets			53.5			53.5			53.5			56.4			56.4		-		5%		53.5		56.4	5%
Banking			9.2			9.2			9.2			7.8			7.8		-		(15%)		9.2		7.8	(15%)
Wealth			15.4			15.4			15.4			16.2			16.2		-		5%		15.4		16.2	5%
USCC			20.3			20.3			20.3			15.5			15.5		-		(24%)		20.3		15.5	(24%)
All Other			40.7			40.9			39.0			39.8			39.7		-		(2%)		39.3		39.8	1%
Total Citi average TCE		$	172.1		$	172.3		$	170.4		$	169.2		$	169.1		-		(2%)	$	170.7	$	169.2	(1%)

Add:
Average goodwill		$	19.8		$	19.6		$	19.2		$	19.9		$	20.2					$	20.5	$	21.2
Average intangible assets (other than MSRs)			3.7			3.6			3.6			3.5			3.9						2.5		2.5
Total Citi average common stockholders' equity (in billions of dollars)		$	195.6		$	195.5		$	193.2		$	192.6		$	193.2		-		(1%)	$	193.7	$	192.9	-

Income (loss) available to common shareholders (in billions of dollars)⁽³⁾
Services		$	1.7		$	2.1		$	2.5		$	2.2		$	2.6		18%		53%	$	3.5	$	4.8	37%
Markets			1.8			1.7			0.8			2.6			2.4		(8%)		33%		3.7		5.0	35%
Banking			0.1			0.3			0.4			0.3			0.4		33%		300%		0.3		0.7	133%
Wealth			0.4			0.3			0.3			0.4			0.6		50%		50%		0.6		1.0	67%
USCC			0.8			0.9			0.9			0.7			0.9		29%		13%		1.6		1.6	-
All Other—managed basis⁽³⁾			(0.9)			(1.0)			(2.6)			(0.7)			(1.4)		(100%)		(56%)		(2.0)		(2.1)	(5%)
Reconciling Items—divestiture-related impacts⁽⁴⁾			(0.2)			(0.8)			(0.1)			-			-		-		100%		(0.2)		-	100%
Total Citi income (loss) available to common shareholders⁽³⁾		$	3.7		$	3.5		$	2.2		$	5.5		$	5.5		-		49%	$	7.5	$	11.0	47%

RoTCE⁽¹⁾
Services			20.8%			25.0%			30.0%			27.0%			30.9%		390 bps		1,010 bps		21.7%		29.0%	730 bps
Markets			13.5%			12.6%			6.2%			18.7%			17.0%		(170) bps		350 bps		13.8%		17.8%	400 bps
Banking			4.1%			11.6%			15.3%			15.8%			18.0%		220 bps		1,390 bps		6.9%		16.9%	1,000 bps
Wealth			10.0%			7.8%			7.7%			10.8%			14.4%		360 bps		440 bps		7.5%		12.6%	510 bps
USCC			15.0%			18.2%			17.3%			19.2%			22.0%		280 bps		700 bps		15.9%		20.6%	470 bps
All Other—managed basis⁽³⁾			(8.3%)			(10.0%)			(26.2%)			(8.1%)			(12.8%)		NM		NM		(10.1%)		(28.2%)	NM
Reconciling Items—divestiture-related impacts⁽⁴⁾			N/A			N/A			N/A			N/A			N/A						N/A		N/A
Total Citi RoTCE			8.7%			8.0%			5.1%			13.1%			13.0%		(10) bps		430 bps		8.9%		13.1%	420 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)

																	2Q26 Increase/			Six			Six			YTD 2026 vs.
		2Q			3Q			4Q			1Q			2Q			(Decrease) from			Months			Months			YTD 2025 Increase
		2025			2025			2025			2026			2026			1Q26		2Q25	2025			2026			(Decrease)

Foreign currency (FX) translation impact

Total Citigroup

Total revenues—as reported		$	21,668		$	22,090		$	19,871		$	24,633		$	24,766		1%		14%	$	43,264		$	49,399		14%
Impact of FX translation⁽¹⁾			176			186			159			4			-						723			-
Total revenues—Ex-FX⁽¹⁾		$	21,844		$	22,276		$	20,030		$	24,637		$	24,766		1%		13%	$	43,987		$	49,399		12%

Total operating expenses—as reported		$	13,577		$	14,290		$	13,840		$	14,311		$	14,215		(1%)		5%	$	27,002		$	28,526		6%
Impact of FX translation⁽¹⁾			133			163			122			(5)			-						563			-
Total operating expenses—Ex-FX⁽¹⁾		$	13,710		$	14,453		$	13,962		$	14,306		$	14,215		(1%)		4%	$	27,565		$	28,526		3%

Total provisions for credit losses and PBC—as reported		$	2,872		$	2,450		$	2,220		$	2,805		$	2,522		(10%)		(12%)	$	5,595		$	5,327		(5%)
Impact of FX translation⁽¹⁾			53			25			21			3			-						144			-
Total provisions for credit losses and PBC—Ex-FX⁽¹⁾		$	2,925		$	2,475		$	2,241		$	2,808		$	2,522		(10%)		(14%)	$	5,739		$	5,327		(7%)

Total EBIT—as reported		$	5,219		$	5,350		$	3,811		$	7,517		$	8,029		7%		54%	$	10,667		$	15,546		46%
Impact of FX translation⁽¹⁾			(10)			(2)			16			6			-						16			-
Total EBIT—Ex-FX⁽¹⁾		$	5,209		$	5,348		$	3,827		$	7,523		$	8,029		7%		54%	$	10,683		$	15,546		46%

Total EOP Loans—as reported		$	725		$	734		$	752		$	762		$	794		4%		10%
Impact of FX translation⁽¹⁾			(1)			(1)			(1)			-			-
Total EOP Loans—Ex-FX⁽¹⁾		$	724		$	733		$	751		$	762		$	794		4%		10%

Total EOP Deposits—as reported		$	1,358		$	1,384		$	1,404		$	1,446		$	1,493		3%		10%
Impact of FX translation⁽¹⁾			(4)			(3)			(5)			1			-
Total EOP Deposits—Ex-FX⁽¹⁾		$	1,354		$	1,381		$	1,399		$	1,447		$	1,493		3%		10%

Total Average Loans—as reported		$	712		$	725		$	737		$	755		$	785		4%		10%	$	702		$	770		10%
Impact of FX translation⁽¹⁾			6			2			2			-			-						9			-
Total Average Loans—Ex-FX⁽¹⁾		$	718		$	727		$	739		$	755		$	785		4%		9%	$	711		$	770		8%

Total Average Deposits—as reported		$	1,343		$	1,382		$	1,422		$	1,446		$	1,504		4%		12%	$	1,324		$	1,475		11%
Impact of FX translation⁽¹⁾			12			5			6			-			-						21			-
Total Average Deposits—Ex-FX⁽¹⁾		$	1,355		$	1,387		$	1,428		$	1,446		$	1,504		4%		11%	$	1,345		$	1,475		10%

Legacy Franchises—Mexico Consumer/SBMM

All Other—Legacy Franchises (LF) Mexico Consumer/SBMM revenues—as reported		$	1,536		$	1,722		$	1,775		$	2,054		$	1,996		(3%)		30%	$	3,003		$	4,050		35%
Impact of FX translation⁽¹⁾			135			101			76			11			-						353			-
All Other—LF Mexico Consumer/SBMM revenues—Ex-FX⁽¹⁾		$	1,671		$	1,823		$	1,851		$	2,065		$	1,996		(3%)		19%	$	3,356		$	4,050		21%

All Other—LF Mexico Consumer/SBMM expenses—as reported		$	984		$	1,772		$	962		$	1,181		$	1,060		(10%)		8%	$	2,044		$	2,241		10%
Impact of FX translation⁽¹⁾			101			118			45			6			-						275			-
All Other—LF Mexico Consumer/SBMM expenses—Ex-FX⁽¹⁾		$	1,085		$	1,890		$	1,007		$	1,187		$	1,060		(11%)		(2%)	$	2,319		$	2,241		(3%)

(1)

Reflects the impact of foreign currency (FX) translation into U.S. dollars applying the second quarter of 2026 average exchange rates for all quarterly periods, and YTD 2025 average exchange rates for six-months results, with the exception of EOP loans and deposits, which were calculated based on exchange rates as of June 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)

																	2Q26 Increase/			Six			Six			YTD 2026 vs.
		2Q			3Q			4Q			1Q			2Q			(Decrease) from			Months			Months			YTD 2025 Increase
		2025			2025			2025			2026			2026			1Q26		2Q25	2025			2026			(Decrease)

Total Citigroup revenues, net interest income (NII) and non-interest revenues (NIR)


Total Citigroup revenues—as reported		$	21,668		$	22,090		$	19,871		$	24,633		$	24,766		1%		14%	$	43,264		$	49,399		14%
Less:
Total divestiture-related Impacts on revenues⁽¹⁾			(177)			2			(1)			13			20						(177)			33
Total Citigroup revenues, excluding divestitures impacts^(*)		$	21,845		$	22,088		$	19,872		$	24,620		$	24,746		1%		13%	$	43,441		$	49,366		14%

Total Citigroup revenues—as reported		$	21,668		$	22,090		$	19,871		$	24,633		$	24,766		1%		14%	$	43,264		$	49,399		14%
Less:
Notable item—Russia HFS accounting treatment loss impact on revenues⁽²⁾			-			-			(1,173)			-			-						-			-
Total Citigroup revenues, excluding notable item(s) impact^(*)		$	21,668		$	22,090		$	21,044		$	24,633		$	24,766		1%		14%	$	43,264		$	49,399		14%

Total Citigroup net interest income (NII)—as reported		$	15,175		$	14,940		$	15,665		$	15,741		$	17,125		9%		13%	$	29,187		$	32,866		13%
Markets NII⁽³⁾			2,824			2,178			2,761			2,797			4,002						4,748			6,799
Citigroup NII ex-Markets^(*)		$	12,351		$	12,762		$	12,904		$	12,944		$	13,123		1%		6%	$	24,439		$	26,067		7%

Total Citigroup non-interest revenue (NIR)—as reported		$	6,493		$	7,150		$	4,206		$	8,892		$	7,641		(14%)		18%	$	14,077		$	16,533		17%
Markets NIR⁽³⁾			3,156			3,567			1,848			4,449			3,005						7,307			7,454
Citigroup NIR ex-Markets^(*)		$	3,337		$	3,583		$	2,358		$	4,443		$	4,636		4%		39%	$	6,770		$	9,079		34%
Less:
Notable item—Russia HFS accounting treatment loss impact on revenues⁽⁴⁾			-			-			(1,192)			-			-						-			-
Citigroup NIR ex-Markets, excluding notable item(s) impact^(*)		$	3,337		$	3,583		$	3,550		$	4,443		$	4,636		4%		39%	$	6,770		$	9,079		34%

Total Citigroup operating expenses

Total Citigroup operating expenses—as reported		$	13,577		$	14,290		$	13,840		$	14,311		$	14,215		(1%)		5%	$	27,002		$	28,526		6%
Less:
Notable item—Mexico goodwill impairment charge impact on operating expenses⁽⁵⁾			-			726			-			-			-						-			-
Total Citigroup operating expenses, excluding notable item(s)^(*)		$	13,577		$	13,564		$	13,840		$	14,311		$	14,215		(1%)		5%	$	27,002		$	28,526		6%

Total Citigroup revenues—as reported		$	21,668		$	22,090		$	19,871		$	24,633		$	24,766		1%		14%	$	43,264		$	49,399		14%
Total Citigroup operating expenses—as reported			13,577			14,290			13,840			14,311			14,215		(1%)		5%		27,002			28,526		6%
Total Citigroup efficiency ratio—as reported			62.7%			64.7%			69.6%			58.1%			57.4%		(70) bps		(530) bps		62.4%			57.7%		(470) bps
Less:
Notable item(s) impact(s) on revenues⁽²⁾			-			-			(1,173)			-			-						-			-
Total Citigroup revenues, excluding notable item(s)^(*)		$	21,668		$	22,090		$	21,044		$	24,633		$	24,766		1%		14%	$	43,264		$	49,399		14%
Less:
Notable item(s) impact(s) on operating expenses⁽⁵⁾			-			726			-			-			-						-			-
Total Citigroup operating expenses, excluding notable item(s)^(*)		$	13,577		$	13,564		$	13,840		$	14,311		$	14,215		(1%)		5%	$	27,002		$	28,526		6%
Total Citigroup efficiency ratio, excluding notable item(s)^(*)			62.7%			61.4%			65.8%			58.1%			57.4%		(70) bps		(530) bps		62.4%			57.7%		(470) bps

*	Represents a non-GAAP financial measure.

(1)	See footnote 2 on page 14 for details.

(2)	See footnote 4 on page 12 for details.

(3)	See page 6 for details.

(4)	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.

(5)	See footnote 3 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)

															2Q26 Increase/			Six		Six		YTD 2026 vs.
	2Q			3Q			4Q			1Q			2Q		(Decrease) from			Months		Months		YTD 2025 Increase
	2025			2025			2025			2026			2026		1Q26		2Q25	2025		2026		(Decrease)
Total Citigroup operating expenses

Total Citigroup other operating expenses⁽¹⁾—as reported	$	2,472		$	3,386		$	3,168		$	2,369		$	2,613	10%		6%	$	4,955	$	4,982	1%
Less:
Notable item—Mexico goodwill impairment charge impact on other operating expenses⁽²⁾		-			726			-			-			-					-		-
Total Citigroup other operating expenses, excluding notable item(s)^(*)	$	2,472		$	2,660		$	3,168		$	2,369		$	2,613	10%		6%	$	4,955	$	4,982	1%

Notable items adjustments

Total Citigroup net income—as reported	$	4,019		$	3,752		$	2,471		$	5,785		$	5,831	1%		45%	$	8,083	$	11,616	44%
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)			-			-			-					-		-
Total Citigroup net income, excluding notable Item(s)^(*)	$	4,019		$	4,466		$	3,594		$	5,785		$	5,831	1%		45%	$	8,083	$	11,616	44%

Total Citigroup diluted EPS—as reported	$	1.96		$	1.86		$	1.19		$	3.06		$	3.15	3%		61%	$	3.92	$	6.21	58%
Less:
Notable item(s)⁽²⁾⁽³⁾		-			(0.38)			(0.62)			-			-					-		-
Total Citigroup diluted EPS, excluding notable item(s)^(*)	$	1.96		$	2.24		$	1.81		$	3.06		$	3.15	3%		61%	$	3.92	$	6.21	58%

Total Citigroup diluted EPS—as reported	$	1.96		$	1.86		$	1.19		$	3.06		$	3.15	3%		61%	$	3.92	$	6.21	58%
Less:
Notable item—Russia HFS accounting treatment loss impact on net income⁽³⁾		-			-			(0.62)			-			-					-		-
Total Citigroup diluted EPS, excluding notable item^(*)	$	1.96		$	1.86		$	1.81		$	3.06		$	3.15	3%		61%	$	3.92	$	6.21	58%

Total Citigroup RoCE—as reported		7.7%			7.1%			4.5%			11.5%			11.4%	(10) bps		370 bps		7.8%		11.5%	370 bps
Less:
Notable item(s)⁽²⁾⁽³⁾		0 bps			(140) bps			(230) bps			0 bps			0 bps					0 bps		0 bps
Total Citigroup RoCE, excluding notable items^(*)		7.7%			8.5%			6.8%			11.5%			11.4%	(10) bps		370 bps		7.8%		11.5%	370 bps

Total Citigroup RoTCE—as reported		8.7%			8.0%			5.1%			13.1%			13.0%	(10) bps		430 bps		8.9%		13.1%	420 bps
Less:
Notable item(s)⁽²⁾⁽³⁾		0 bps			(170) bps			(260) bps			0 bps			0 bps					0 bps		0 bps
Total Citigroup RoTCE, excluding notable items^(*)		8.7%			9.7%			7.7%			13.1%			13.0%	(10) bps		430 bps		8.9%		13.1%	420 bps

All Other (managed basis)^(4)(*)

All Other revenues—managed basis^(*)	$	1,716		$	1,471		$	(208)		$	1,682		$	1,737	3%		1%	$	3,179	$	3,419	8%
Add:
Total divestiture-related impacts on revenues⁽⁵⁾		(177)			2			(1)			13			20					(177)		33
All Other revenues—U.S. GAAP	$	1,539		$	1,473		$	(209)		$	1,695		$	1,757	4%		14%	$	3,002	$	3,452	15%

All Other operating expenses—managed basis^(*)	$	2,277		$	2,169		$	2,026		$	2,144		$	2,220	4%		(3%)	$	4,503	$	4,364	(3%)
Add:
Total divestiture-related impacts on operating expenses⁽⁶⁾		37			766			40			31			25					71		56
All Other operating expenses—U.S. GAAP	$	2,314		$	2,935		$	2,066		$	2,175		$	2,245	3%		(3%)	$	4,574	$	4,420	(3%)

All Other provisions for credit losses—managed basis^(*)	$	374		$	331		$	449		$	400		$	438	10%		17%	$	733	$	838	14%
Add:
Total divestiture-related impacts on provisions for credit losses		5			(3)			(1)			1			(2)					(6)		(1)
All Other provisions for credit losses—U.S. GAAP	$	379		$	328		$	448		$	401		$	436	9%		15%	$	727	$	837	15%

All Other EBIT—managed basis^(*)	$	(935)		$	(1,029)		$	(2,683)		$	(862)		$	(921)	(7%)		1%	$	(2,057)	$	(1,783)	13%
Add:
Total divestiture-related impacts on revenues⁽⁵⁾		(177)			2			(1)			13			20					(177)		33
Total divestiture-related impacts on operating expenses⁽⁶⁾		(37)			(766)			(40)			(31)			(25)					(71)		(56)
Total divestiture-related impacts on provisions for credit losses		(5)			3			1			(1)			2					6		1
All Other EBIT—U.S. GAAP	$	(1,154)		$	(1,790)		$	(2,723)		$	(881)		$	(924)	(5%)		20%	$	(2,299)	$	(1,805)	21%

*	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 3 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 footnote 2 on page 14 for details.

(6)	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)

											2Q26 Increase/		Six		Six		YTD 2026 vs.
	2Q		3Q		4Q		1Q		2Q		(Decrease) from		Months		Months		YTD 2025 Increase
	2025		2025		2025		2026		2026		1Q26	2Q25	2025		2026		(Decrease)


All Other (managed basis)^(1)(*)

All Other net income (loss)—managed basis	$	(552)	$	(756)	$	(2,290)	$	(494)	$	(923)	(87%)	(67%)	$	(1,408)	$	(1,417)	(1%)
Add:
Total divestiture-related impacts on revenue⁽²⁾		(177)		2		(1)		13		20				(177)		33
Total divestiture-related impacts on operating expenses⁽³⁾		(37)		(766)		(40)		(31)		(25)				(71)		(56)
Total divestiture-related impacts on provisions for credit losses		(5)		3		1		(1)		2				6		1
Total divestiture-related impacts on income taxes		39		(16)		(70)		7		1				47		8
All Other net income (loss)—U.S. GAAP	$	(732)	$	(1,533)	$	(2,400)	$	(506)	$	(925)	(83%)	(26%)	$	(1,603)	$	(1,431)	11%


Legacy Franchises (LF) (managed basis)^(1)(*)

Legacy Franchises revenues (managed basis)—as reported	$	1,691	$	1,871	$	329	$	2,161	$	2,053	(5%)	21%	$	3,312	$	4,214	27%
Less:
Notable item—portion of Russia HFS accounting treatment loss impact on LF revenues⁽⁴⁾		-		-		(1,556)		-		-				-		-
LF revenues, excluding notable item(s) impact^(*)	$	1,691	$	1,871	$	1,885	$	2,161	$	2,053	(5%)	21%	$	3,312	$	4,214	27%


LF revenues—managed basis^(*)	$	1,691	$	1,871	$	329	$	2,161	$	2,053	(5%)	21%	$	3,312	$	4,214	27%
Add:
Total divestiture-related impacts on revenues⁽²⁾		(177)		2		(1)		13		20				(177)		33
LF revenues—U.S. GAAP	$	1,514	$	1,873	$	328	$	2,174	$	2,073	(5%)	37%	$	3,135	$	4,247	35%


LF operating expenses—managed basis^(*)	$	1,287	$	1,320	$	1,222	$	1,324	$	1,243	(6%)	(3%)	$	2,621	$	2,567	(2%)
Add:
Total divestiture-related impacts on operating expenses⁽³⁾		37		766		40		31		25				71		56
LF operating expenses—U.S. GAAP	$	1,324	$	2,086	$	1,262	$	1,355	$	1,268	(6%)	(4%)	$	2,692	$	2,623	(3%)


LF provisions for credit losses—managed basis^(*)	$	371	$	327	$	447	$	409	$	440	8%	19%	$	729	$	849	16%
Add:
Total divestiture-related impacts on provisions for credit losses		5		(3)		(1)		1		(2)				(6)		(1)
LF provisions for credit losses—U.S. GAAP	$	376	$	324	$	446	$	410	$	438	7%	16%	$	723	$	848	17%


LF EBIT—managed basis^(*)	$	33	$	224	$	(1,340)	$	428	$	370	(14%)	NM	$	(38)	$	798	NM

Add:
Total divestiture-related impacts on revenue⁽²⁾		(177)		2		(1)		13		20				(177)		33
Total divestiture-related impacts on operating expenses⁽³⁾		(37)		(766)		(40)		(31)		(25)				(71)		(56)
Total divestiture-related impacts on provisions for credit losses		(5)		3		1		(1)		2				6		1
LF EBIT—U.S. GAAP	$	(186)	$	(537)	$	(1,380)	$	409	$	367	(10%)	NM	$	(280)	$	776	NM


LF net income (loss)—managed basis^(*)	$	60	$	155	$	(1,496)	$	177	$	91	(49%)	52%	$	-	$	268	NM
Add:
Total divestiture-related impacts on revenue⁽²⁾		(177)		2		(1)		13		20				(177)		33
Total divestiture-related impacts on operating expenses⁽³⁾		(37)		(766)		(40)		(31)		(25)				(71)		(56)
Total divestiture-related impacts on provisions for credit losses		(5)		3		1		(1)		2				6		1
Total divestiture-related impacts on income taxes		39		(16)		(70)		7		1				47		8
LF net income (loss)—U.S. GAAP	$	(120)	$	(622)	$	(1,606)	$	165	$	89	(46%)	NM	$	(195)	$	254	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 footnote 2 on page 14 for details.

(3)	See footnotes 2, 3, 4, 5, and 6 on page 14 for details.

(4)	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)

																	2Q26 Increase/			Six			Six			YTD 2026 vs.
		2Q			3Q			4Q			1Q			2Q			(Decrease) from			Months			Months			YTD 2025 Increase
		2025			2025			2025			2026			2026			1Q26		2Q25	2025			2026			(Decrease)
Services

Services revenues—as reported		$	5,430		$	5,730		$	6,272		$	6,103		$	6,382		5%		18%	$	10,634		$	12,485		17%
Less:
Notable item—portion of Russia HFS accounting treatment impact on services revenues⁽¹⁾			-			-			356			-			-						-			-
Services revenues, excluding notable item(s) impact^(*)		$	5,430		$	5,730		$	5,916		$	6,103		$	6,382		5%		18%	$	10,634		$	12,485		17%

Services non-interest revenue (NIR)—as reported		$	1,800		$	1,907		$	2,222		$	1,960		$	2,091		7%		16%	$	3,506		$	4,051		16%
Less:
Notable item—portion of Russia HFS accounting treatment impact on services revenues⁽¹⁾			-			-			356			-			-						-			-
Services NIR, excluding notable item(s) impact^(*)		$	1,800		$	1,907		$	1,866		$	1,960		$	2,091		7%		16%	$	3,506		$	4,051		16%

Banking—Corporate Lending revenues

Banking—Corporate Lending revenues—as reported		$	361		$	409		$	417		$	441		$	374		(15%)		4%	$	777		$	815		5%
Gain (loss) on loan hedges⁽²⁾			(62)			(44)			(26)			50			(32)						(48)			18
Banking—Corporate Lending revenues—excluding gain (loss) on loan hedges^(*)		$	423		$	453		$	443		$	391		$	406		4%		(4%)	$	825		$	797		(3%)

*	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)

2Q26 Increase/

Six

YTD 2026 vs.

(Decrease) from

Months

YTD 2025 Increase

 

2025

 

2025

 

2025

 

2026

 

2026

 

1Q26

 

2Q25

2025

 

2026

 

(Decrease)

Total Citigroup revenues

Total Citigroup revenues—as reported

21,668

22,090

19,871

24,633

24,766

14%

43,264

49,399

14%

Less:

Total divestiture-related impacts on revenues⁽²⁾

(177)

(1)

(177)

Notable item—Russia HFS accounting treatment loss impact on revenues⁽³⁾

(1,173)

Total Citigroup revenues, excluding divestitures impacts and Russia loss^(*)

21,845

22,088

21,045

24,620

24,746

13%

43,441

49,366

14%

Total Citigroup operating expenses—as reported

13,577

14,290

13,840

14,311

14,215

(1%)

27,002

28,526

Less:

Total divestiture-related impacts on expenses⁽⁴⁾

766

FDIC special assessment⁽⁵⁾

(20)

(47)

(191)

Total Citigroup operating expenses, excluding divestitures impacts and FDIC special assessment^(5)(*)

13,560

13,571

13,991

14,280

14,190

(1%)

26,931

28,470

Total Citigroup operating expenses—as reported

13,577

14,290

13,840

14,311

14,215

(1%)

27,002

28,526

Less:

Goodwill impairment⁽⁶⁾

726

Total Citigroup operating expenses, excluding goodwill impairment^(*)

13,577

13,564

13,840

14,311

14,215

(1%)

27,002

28,526

Total Citigroup RoCE and RoTCE

Total Citigroup RoCE—as reported

7.7%

7.1%

4.5%

11.5%

11.4%

(10) bps

370 bps

7.8%

11.5%

370 bps

Less:

Notable item—Russia HFS accounting treatment loss impact on net income⁽³⁾

0 bps

(230) bps

0 bps

Total Citigroup RoCE, excluding notable item^(*)

7.7%

7.1%

6.8%

11.5%

11.4%

(10) bps

370 bps

7.8%

11.5%

370 bps

Total Citigroup RoTCE—as reported

8.7%

8.0%

5.1%

13.1%

13.0%

(10) bps

430 bps

8.9%

13.1%

420 bps

Less:

Notable item—Russia HFS accounting treatment loss impact on net income⁽³⁾

0 bps

(260) bps

0 bps

Total Citigroup RoTCE, excluding notable item^(*)

8.7%

8.0%

7.7%

13.1%

13.0%

(10) bps

430 bps

8.9%

13.1%

420 bps

*	Represents a non-GAAP financial measure.

(1)

Not used.

(2)	See footnote 2 on page 14 for details.

(3)	See footnote 4 on page 12 for details.

(4)	See footnotes 2, 3, 4, 5, and 6 on page 14 for details.

(5)	Federal Deposit Insurance Corporation (FDIC) Special Assessment.

(6)	See footnote 3 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)

																	2Q26 Increase/			Six			Six			YTD 2026 vs.
		2Q			3Q			4Q			1Q			2Q			(Decrease) from			Months			Months			YTD 2025 Increase
		2025			2025			2025			2026			2026			1Q26		2Q25	2025			2026			(Decrease)

Legacy Franchises (LF) exits contribution

Revenues

Closed or signed markets revenues—Ex-divestitures		$	118		$	122		$	(1,456)		$	77		$	54		(30%)		(54%)	$	226		$	131		(42%)
Add:
Divestiture-related impacts on closed or signed markets revenues			(177)			2			(1)			13			15						(177)			28
Closed or signed markets revenues—U.S. GAAP		$	(59)		$	124		$	(1,457)		$	90		$	69		(23%)		NM	$	49		$	159		224%

Mexico Consumer/SBMM revenues—Ex-divestitures		$	1,536		$	1,722		$	1,775		$	2,054		$	1,991		(3%)		30%	$	3,003		$	4,045		35%
Add:
Divestiture-related impacts on Mexico/SBMM			-			-			-			-			5						-			5
Mexico Consumer/SBMM revenues—U.S. GAAP		$	1,536		$	1,722		$	1,775		$	2,054		$	1,996		(3%)		30%	$	3,003		$	4,050		35%

Wind-downs/sale/other revenues—Ex-divestitures		$	37		$	27		$	10		$	30		$	8		(73%)		(78%)	$	83		$	38		(54%)
Add:
Divestiture-related impacts on wind-downs/sale/other revenues			-			-			-			-			-						-			-
Wind-downs/sale/other revenues—U.S. GAAP		$	37		$	27		$	10		$	30		$	8		(73%)		(78%)	$	83		$	38		(54%)

Expenses

Closed or signed markets expenses—Ex-divestitures		$	161		$	133		$	108		$	75		$	68		(9%)		(58%)	$	296		$	143		(52%)
Add:
Divestiture-related impacts on closed or signed markets expenses			7			4			8			5			6						17			11
Closed or signed markets expenses—U.S. GAAP		$	168		$	137		$	116		$	80		$	74		(8%)		(56%)	$	313		$	154		(51%)

Mexico Consumer/SBMM expenses—Ex-divestitures		$	954		$	1,013		$	928		$	1,157		$	1,041		(10%)		9%	$	1,993		$	2,198		10%
Add:
Divestiture-related impacts on Mexico/SBMM			30			759			34			24			19						51			43
Mexico Consumer/SBMM expenses—U.S. GAAP		$	984		$	1,772		$	962		$	1,181		$	1,060		(10%)		8%	$	2,044		$	2,241		10%

Wind-downs/sale/other expenses—Ex-divestitures		$	172		$	174		$	186		$	92		$	134		46%		(22%)	$	332		$	226		(32%)
Add:
Divestiture-related impacts on wind-downs/sale/other expenses			-			3			(2)			2			-						3			2
Wind-downs/sale/other expenses—U.S. GAAP		$	172		$	177		$	184		$	94		$	134		43%		(22%)	$	335		$	228		(32%)

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page 30


			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 17, 2026 of CGMHI (and registrant’s guaranty with respect thereto)	C/26	MTN, Series N, Floating Rate Notes Due Sept 2026 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

Source: View Original Filing on SEC EDGAR

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