Citigroup Q3 2026 net income rises 40% to $5.2B

Q: What were C's third-quarter 2026 revenue and net income?

Citigroup reported third-quarter 2026 revenue of $23.8 billion and net income of $5.2 billion. Revenue increased 8% year over year, and reported net income compared with $3.8 billion in third-quarter 2025.

Q: How much did C return to common shareholders in the third quarter?

Citigroup returned $4.1 billion to common shareholders through common share repurchases and dividends. Its payout ratio was 85%; the company defines this as common dividends and common share repurchases divided by net income available to common shareholders.

Q: What notable item affected C's prior-year earnings comparison?

Third-quarter 2025 results included a $726 million goodwill impairment ($714 million after tax) recorded in operating expenses. It related to Citigroup's agreement to sell a 25% equity stake in Grupo Financiero Banamex, S.A. de C.V.

Citi returned $4.1 billion through common share repurchases and dividends; its preliminary CET1 capital ratio was 12.8%.

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Form Type

8-K

Rhea-AI Filing Summary

Citigroup Inc. (C) reported third-quarter 2026 revenue of $23.8 billion, up 8% year over year, and net income of $5.2 billion, compared with $3.8 billion a year earlier. Diluted EPS was $2.85, up 53% reported and 27% excluding a prior-year notable item. Expenses were $14.0 billion, down 2% reported, while provision for credit losses was $2.6 billion, up 6%.

Services and Wealth revenue each rose 15%, Markets and Banking rose 6%, and U.S. Consumer Cards revenue was unchanged; All Other (managed basis) reported a $955 million net loss, 26% larger than a year earlier. Citi returned $4.1 billion through common share repurchases and dividends, and its preliminary CET1 ratio was 12.8%. End-of-period loans were $820 billion, up 12%, and deposits were approximately $1.5 trillion, up 9%. Chair and CEO Jane Fraser said Citi expects to exceed this year's return target while pulling forward investments toward an 11%–13% near-term goal and a 14%–15% sustainable-return path.

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Positive

Moderate pointRevenue rose 8% to $23.8 billion; reported net income increased 40%.

Negative

Moderate pointAll Other (managed basis) reported a $955 million net loss, 26% larger year over year.
Minor pointU.S. Consumer Cards net income fell 8% to $851 million year over year.

Filing Explained

This Form 8-K reports Citigroup’s third-quarter 2026 results: operating expenses were down 2% year over year as reported, but excluding the prior-year $726 million Banamex-related goodwill impairment, expenses were up 3%; that comparison shows an increase, not a decline.

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: $23.8 billion Net income: $5.2 billion Diluted EPS: $2.85 per diluted share +5 more

8 metrics

Revenue $23.8 billion Third quarter 2026; up 8% year over year

Net income $5.2 billion Third quarter 2026; up 40% year over year on a reported basis

Diluted EPS $2.85 per diluted share Third quarter 2026; up 53% year over year on a reported basis

Provision for credit losses $2.6 billion Third quarter 2026; up 6% year over year

End-of-period loans $820 billion At quarter end; up 12% year over year

Deposits Approximately $1.5 trillion At quarter end; up 9% year over year

Common shareholder returns $4.1 billion Third quarter 2026; common share repurchases and dividends

Common Equity Tier 1 (CET1) Capital ratio 12.8% Preliminary ratio at September 30, 2026

Key Terms

Common Equity Tier 1 (CET1) Capital ratio, Supplementary Leverage ratio (SLR), Allowance for credit losses, non-accrual loans

4 terms

Common Equity Tier 1 (CET1) Capital ratio financial

"Common Equity Tier 1 (CET1) Capital ratio"

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

"Supplementary Leverage ratio (SLR) for the third quarter 2026"

Allowance for credit losses financial

"Citigroup’s total allowance for credit losses was $22.4 billion"

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.

non-accrual loans financial

"Total non-accrual loans decreased $0.4 billion, or 12%"

A non-accrual loan is a loan a lender has decided is unlikely to produce the scheduled interest payments, so the lender stops counting future interest as income and may record the loan at a reduced value. Think of it like renting out a house where the tenant has stopped paying: you stop counting future rent as earnings because it’s uncertain you’ll get it. For investors, a rise in non-accrual loans signals worsening credit quality, lower reported income and higher potential losses that can weaken a bank’s capital and share price.

Earnings Snapshot

Revenue: $23.8 billion · Guidance included

Third quarter 2026

Revenue $23.8 billion Up 8% year over year

Net income $5.2 billion Up 40% year over year on a reported basis

Diluted EPS $2.85 per diluted share Up 53% year over year on a reported basis

Operating expenses $14.0 billion Down 2% year over year on a reported basis

Guidance

Chair and CEO Jane Fraser said Citi expects to exceed this year's return target while pulling forward investments toward an 11%–13% near-term goal and a path to sustainable returns of 14%–15%.

FAQ

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

What were C's third-quarter 2026 revenue and net income?

Citigroup reported third-quarter 2026 revenue of $23.8 billion and net income of $5.2 billion. Revenue increased 8% year over year, and reported net income compared with $3.8 billion in third-quarter 2025.

How much did C return to common shareholders in the third quarter?

Citigroup returned $4.1 billion to common shareholders through common share repurchases and dividends. Its payout ratio was 85%; the company defines this as common dividends and common share repurchases divided by net income available to common shareholders.

What notable item affected C's prior-year earnings comparison?

Third-quarter 2025 results included a $726 million goodwill impairment ($714 million after tax) recorded in operating expenses. It related to Citigroup's agreement to sell a 25% equity stake in Grupo Financiero Banamex, S.A. de C.V.

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

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Available on EDGAR 10/13/2026 - 10:09 AM EDT Accepted by SEC EDGAR 10/13/2026 - 10:09 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) October 13, 2026

Citigroup Inc.

(Exact name of registrant as specified in its charter)


Delaware	1-9924	52-1568099
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

388 Greenwich Street, New York, NY (Address of principal executive offices)		10013 (Zip Code)

(212) 559-1000

(Registrant's telephone number,
including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934 formatted in Inline XBRL: See Exhibit 99.3

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

CITIGROUP INC.

Current Report on Form 8-K

Item 2.02 Results of Operations and Financial Condition.

On October 13, 2026, Citigroup Inc. announced its results for the quarter ended September 30, 2026. A copy of the related press release, filed as Exhibit 99.1 to this Form 8-K, is incorporated herein by reference. The quotation under the heading “CEO Commentary” on page 1 of Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities under that Section. The information included in Exhibit 99.1, other than in the quotation, shall be deemed “filed” for purposes of the Act.

In addition, a copy of the Citigroup Inc. Quarterly Financial Data Supplement for the quarter ended September 30, 2026 is being furnished as Exhibit 99.2 to this Form 8-K and shall not be deemed to be “filed” for purposes of Section 18 of the Act or otherwise subject to the liabilities under that Section.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number

99.1		Citigroup Inc. press release dated October 13, 2026.

99.2		Citigroup Inc. Quarterly Financial Data Supplement for the quarter ended September 30, 2026.

99.3		Citigroup Inc. securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934 as of the filing date.

104.1		See the cover page of this Current Report on Form 8-K, formatted in Inline XBRL.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		CITIGROUP INC.

Dated: October 13, 2026
	By:	/s/ Nicole Giles
		Nicole Giles
		Controller and Chief Accounting Officer
		(Principal Accounting Officer)

Exhibit 99.1

For Immediate Release Citigroup Inc. (NYSE: C) OCTOBER 13, 2026
THIRD QUARTER 2026 RESULTS AND KEY METRICS	CHAIR AND CEO COMMENTARY
THIRD QUARTER 2026 RESULTS AND KEY METRICS		Citi Chair and CEO Jane Fraser said, “Our performance in the quarter, which included the best third-quarter revenue in a decade, positive operating leverage and meaningful improvement in our returns, reflects the continued disciplined and consistent execution of our strategy. “Services delivered another standout quarter, up 15%, with momentum in every driver. Equities rose 14% on strong performance in Asia and Prime, while FX and Spread Products drove overall growth of 6% in Markets. Banking also grew 6%, with particular strength in ECM, where we participated in the quarter's six largest transactions. Wealth saw steady, broad-based growth across all three businesses, with a return of over 14% — well above last year. In U.S. Consumer Cards, we had solid momentum in General Purpose cards, which drove loan growth and a return that exceeded 21%. “We returned over $4 billion to common shareholders while continuing to invest in growth and prepare for an AI-driven future. We expect to exceed this year's return target, even as we pull forward investments toward our 11-13% near-term goal —the next waypoints on our path to sustainable returns of 14-15%,” Ms. Fraser concluded.
EPS UP 53% AS REPORTED; UP 27% EX-NOTABLE ITEM⁽³⁾ RETURNED $4.1 BILLION IN THE FORM OF COMMON SHARE REPURCHASES AND COMMON DIVIDENDS PAYOUT RATIO OF 85%⁽⁴⁾ COMMON EQUITY TIER 1 CAPITAL RATIO OF 12.8%⁽⁵⁾ BOOK VALUE PER SHARE OF $115.61 TANGIBLE BOOK VALUE PER SHARE OF $101.59⁽⁶⁾ New York, October 13, 2026 – Citigroup Inc. today reported net income for the third quarter 2026 of $5.2 billion, or $2.85 per diluted share, on revenues of $23.8 billion. This compares to net income of $3.8 billion, or $1.86 per diluted share, on revenues of $22.1 billion for the third quarter 2025. As previously disclosed⁽³⁾, third quarter results in the prior-year period included a notable item consisting of a goodwill impairment of $726 million ($714 million after-tax), recorded in operating expenses, related to Citi’s agreement to sell a 25% equity stake in Grupo Financiero Banamex, S.A. de C.V. (Banamex). Revenues increased 8% from the prior-year period, driven by growth in Services, Wealth, Markets and Banking, partially offset by a decline in All Other. Net income was $5.2 billion, compared to $3.8 billion in the prior-year period on a reported basis, driven by higher revenues and lower expenses, partially offset by a higher provision for credit losses. Excluding the notable item, net income in the prior-year period was $4.5 billion⁽³⁾. Earnings per share of $2.85 increased from $1.86 per diluted share in the prior-year period on a reported basis, reflecting higher net income and a lower share count due to share repurchases. Excluding the notable item, earnings per share in the prior-year period was $2.24⁽³⁾. Percentage comparisons throughout this press release are calculated for the third quarter 2026 versus the third quarter 2025, unless otherwise specified.

Third Quarter Financial Results


Citigroup ($ in millions, except per share amounts and as otherwise noted)		3Q’26			2Q’26			3Q’25		QoQ%	YoY%
Total revenues, net of interest expense		23,845			24,766			22,090		(4)%	8%

Total operating expenses		13,952			14,215			14,290		(2)%	(2)%

Net credit losses		2,217			2,404			2,214		(8)%	-
Net ACL build / (release)^(a)		333			102			145		226%	130%
Other provisions^(b)		36			16			91		125%	(60)%
Total provision for credit losses		2,586			2,522			2,450		3%	6%

Income (loss) from continuing operations before taxes		7,307			8,029			5,350		(9)%	37%
Provision for income taxes		1,887			2,005			1,559		(6)%	21%
Income (loss) from continuing operations		5,420			6,024			3,791		(10)%	43%
Income (loss) from discontinued operations, net of taxes		-			-			(1)		-	100%
Net income attributable to non-controlling interest		175			193			38		(9)%	361%
Citigroup’s net income (loss)		$	5,245		$	5,831		$	3,752	(10)%	40%


EOP loans ($B)		820			794			734		3%	12%
Average loans ($B)		809			785			725		3%	12%
EOP assets ($B)		2,941			2,895			2,642		2%	11%
EOP deposits ($B)		1,505			1,493			1,384		1%	9%
Average deposits ($B)		1,528			1,504			1,382		2%	11%


Book value per share		$	115.61		$	114.74		$	108.41	1%	7%
Tangible book value per share^(c)		$	101.59		$	100.89		$	95.72	1%	6%
Common Equity Tier 1 (CET1) Capital ratio^(d)		12.8%			12.8%			13.3%
Supplementary Leverage ratio (SLR)^(d)		5.0%			5.2%			5.5%
Return on average common equity (ROE)^(e)		10.1%			11.4%			7.1%		(130) bps	300 bps
Return on average tangible common equity (RoTCE)^(f)		11.5%			13.0%			8.0%		(150) bps	350 bps
Efficiency Ratio (total operating expenses/total revenues, net)		58.5%			57.4%			64.7%		110 bps	(620) bps

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

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

(d) For additional information, please refer to Footnote 5.

(e) For additional information, please refer to Footnote 1.

(f) RoTCE is a non-GAAP financial measure. For additional information, please refer to Footnote 2.

Citigroup

Citigroup revenues of $23.8 billion in the third quarter 2026 increased 8%, driven by growth in Services, Wealth, Markets and Banking, partially offset by a decline in All Other. Net interest income increased 14%, driven by growth in Markets, Services, Wealth and U.S. Consumer Cards (USCC), partially offset by declines in All Other and Banking. Non-interest revenue decreased 4%, driven by declines in Markets and USCC, largely offset by growth in All Other, Services, Banking and Wealth.

Citigroup operating expenses of $14.0 billion were down 2% on a reported basis, driven by the absence of the notable item as well as lower professional services expenses, partially offset by higher transactional and product servicing expenses, deposit insurance costs, compensation and benefits as well as the contribution to the Citi Foundation. Excluding the notable item in the prior-year period, expenses were up 3%⁽³⁾.

Citigroup provision for credit losses was $2.6 billion, reflecting $2.2 billion of net credit losses and a net reserve build of $369 million, driven by changes in the macroeconomic outlook and portfolio growth. Net credit losses were unchanged from the prior-year period. The provision in the prior-year period was $2.5 billion, reflecting $2.2 billion of net credit losses and a net reserve build of $236 million, driven by portfolio growth and transfer risk, partially offset by changes in the macroeconomic outlook.

Citigroup net income was $5.2 billion in the third quarter 2026, compared to net income of $3.8 billion in the prior-year period on a reported basis, driven by higher revenues and lower expenses, partially offset by a higher provision for credit losses. Excluding the notable item, net income in the prior-year period was $4.5 billion⁽³⁾. Citigroup’s effective tax rate was approximately 26% in the third quarter 2026 compared to 29% in the third quarter 2025.

Citigroup’s total allowance for credit losses was $22.4 billion at quarter end, compared to $23.8 billion at the end of the prior-year period. Total ACL on loans was $20.1 billion at quarter end, compared to $19.2 billion at the end of the prior-year period, with a reserve-to-funded loan ratio of 2.5%, down from 2.7% in the prior-year period. Total non-accrual loans decreased $0.4 billion, or 12%, from the prior-year period to $3.3 billion. Corporate non-accrual loans decreased $0.3 billion, or 16%, from the prior-year period to $1.7 billion, driven by upgrades and repayments in Markets, partially offset by idiosyncratic downgrades in Services. Consumer non-accrual loans decreased $0.1 billion, or 5%, from the prior-year period to $1.5 billion, driven by Wealth, partially offset by Legacy Franchises, in All Other.

Citigroup’s end-of-period loans were $820 billion at quarter end, up 12% versus the prior-year period, driven by growth in Markets, USCC, Wealth, Banking and Services. Citigroup’s average loans were $809 billion in the third quarter 2026, up 12% versus the prior-year period, primarily driven by growth in Markets, Services, USCC and Wealth.

Citigroup’s end-of-period deposits were approximately $1.5 trillion at quarter end, up 9% versus the prior-year period, driven by growth in Services. Citigroup’s average deposits were approximately $1.5 trillion in the third quarter 2026, up 11% versus the prior-year period, driven by growth in Services.

Citigroup’s book value per share of $115.61 at quarter end increased 7% versus the prior-year period, and tangible book value per share of $101.59⁽⁶⁾ at quarter end increased 6% versus the prior-year period. During the quarter, Citigroup returned $4.1 billion to common shareholders in the form of share repurchases and dividends.

Citigroup’s preliminary CET1 Capital ratio⁽⁵⁾ was 12.8% at quarter end, unchanged from the end of the prior quarter, driven by net income and lower deduction from DTA and other, offset by common share repurchases, the payment of common and preferred dividends and unrealized losses on AFS securities.

Citigroup’s Supplementary Leverage ratio⁽⁵⁾ for the third quarter 2026 was 5.0%, versus 5.2% at the end of the prior quarter.

Services ($ in millions, except as otherwise noted)		3Q’26			2Q’26			3Q’25		QoQ%	YoY%
Net interest income			3,671			3,541			3,121	4%	18%
Non-interest revenue			1,231			1,198			1,099	3%	12%
Treasury and Trade Solutions			4,902			4,739			4,220	3%	16%
Net interest income			801			750			702	7%	14%
Non-interest revenue			911			893			808	2%	13%
Securities Services			1,712			1,643			1,510	4%	13%
Total Services revenues			6,614			6,382			5,730	4%	15%

Total operating expenses			2,976			2,803			2,707	6%	10%

Net credit losses			3			5			11	(40)%	(73)%
Net ACL build / (release)^(a)			(12)			46			(12)	NM	-
Other provisions^(b)			(17)			7			62	NM	NM
Total provision for credit losses			(26)			58			61	NM	NM

Net income		$	2,637		$	2,584		$	2,081	2%	27%


Services Key Statistics and Metrics ($B)
Allocated Average TCE^(c)			34			34			33	-	2%
RoTCE^(c)			31.2%			30.9%			25.0%	30 bps	620 bps
Average loans			107			103			94	4%	14%
Average deposits			1,037			1,017			893	2%	16%
Cross border transaction value^(d)			116			115			105	1%	10%
U.S. dollar clearing volume (#MM)^(e)			47			46			45	2%	5%
Commercial card spend volume^(f)			20			20			18	-	10%
Assets under custody and/or administration (AUC/AUA) ($T)^(g)			35			35			30	-	16%

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

(b) Includes provisions on Other Assets.

(d) Cross border transaction value is defined as the total value of cross-border foreign exchange payments processed through Citi’s proprietary Worldlink and Cross Border Funds Transfer platforms, including payments from consumer, corporate, financial institution and public sector clients.

(e) U.S. dollar clearing volume is defined as the number of USD clearing payment instructions processed by Citi on behalf of U.S. and foreign-domiciled entities (primarily financial institutions). Amounts in the table are stated in millions of payment instructions processed.

(f) Commercial card spend volume is defined as total global spend volumes using Citi issued commercial cards net of refunds and returns.

(g) 3Q'26 is preliminary.

Services

Services revenues of $6.6 billion were up 15%, driven by growth in Treasury and Trade Solutions and Securities Services. Net interest income increased 17%, driven by higher average deposit balances and deposit spreads. Non-interest revenue increased 12%, driven by higher fees.

Treasury and Trade Solutions revenues of $4.9 billion were up 16%, driven by an 18% increase in net interest income and a 12% increase in non-interest revenue. The increase in net interest income was driven by higher average deposit balances and deposit spreads. The increase in non-interest revenue was driven by higher fees and underlying drivers, including cross-border transaction value up 10%, commercial card spend volume up 10% and U.S. dollar clearing volume up 5%, as well as a more favorable impact from currency devaluation in Argentina.

Securities Services revenues of $1.7 billion were up 13%, driven by a 13% increase in non-interest revenue and a 14% increase in net interest income. The increase in non-interest revenue was driven by higher fees, which benefited from a 16% increase in assets under custody and administration, which includes new assets onboarded as well as the impact of market valuations, partially offset by a mark-to-market gain in the prior-year period. The increase in net interest income was driven by higher average deposit balances.

Services operating expenses of $3.0 billion increased 10%, primarily driven by higher compensation, including higher severance, performance-related and other compensation, transactional expenses and other volume and revenue-related expenses.

Services provision for credit losses was a benefit of $26 million, reflecting a net reserve release of $29 million, driven by refinements to certain loss assumptions, and $3 million of net credit losses. The provision in the prior-year period was $61 million, reflecting a net reserve build of $50 million, driven by transfer risk, and $11 million of net credit losses.

Services net income of $2.6 billion increased 27%.


Markets ($ in millions, except as otherwise noted)		3Q’26			2Q’26			3Q’25		QoQ%	YoY%
Rates and currencies			2,965			3,247			2,963	(9)%	-
Spread products / other fixed income			1,421			1,459			1,262	(3)%	13%
Fixed Income markets			4,386			4,706			4,225	(7)%	4%
Equity markets			1,727			2,301			1,520	(25)%	14%
Total Markets revenues			6,113			7,007			5,745	(13)%	6%

Total operating expenses			3,750			3,784			3,490	(1)%	7%

Net credit losses (recoveries)			(2)			(10)			68	80%	NM
Net ACL build / (release)^(a)			92			127			(31)	(28)%	NM
Other provisions^(b)			(13)			(8)			(5)	(63)%	(160)%
Total provision for credit losses			77			109			32	(29)%	141%

Net income		$	1,743		$	2,387		$	1,702	(27)%	2%


Markets Key Statistics and Metrics ($B)
Allocated Average TCE^(c)			56			56			54	-	5%
RoTCE^(c)			12.3%			17.0%			12.6%	(470) bps	(30) bps
Average trading account assets			614			603			555	2%	11%
Average loans			191			176			147	9%	30%
Average VaR ($ in MM)^(d)			129			122			117	6%	11%

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

(b) Includes provisions on Other Assets and HTM debt securities.

(d) VaR estimates, at a 99% confidence level, the potential decline in the value of a position or a portfolio under normal market conditions assuming a one-day holding period. VaR statistics, which are based on historical data, can be materially different across firms due to differences in portfolio composition, VaR methodologies and model parameters.

Markets

Markets revenues of $6.1 billion increased 6%, driven by growth in Equity markets and Fixed Income markets revenues.

Fixed Income markets revenues of $4.4 billion increased 4%, driven by growth in spread products and other fixed income. Rates and currencies revenues were unchanged, driven by revenue growth in the foreign exchange business on higher volumes, offset by lower revenues in rates. Spread products and other fixed income revenues increased 13%, driven by growth in spread products financing revenues.

Equity markets revenues of $1.7 billion increased 14%, driven by growth in prime services, with prime balances⁽⁷⁾ up over 40%, which includes the impact of new balances onboarded as well as market valuations, partially offset by a decline in derivatives revenues.

Markets operating expenses of $3.8 billion increased 7%, driven by higher transactional expenses and compensation, including higher performance-related and other compensation as well as severance.

Markets provision for credit losses was $77 million, reflecting a net reserve build of $79 million, driven by portfolio growth and changes in the macroeconomic outlook, and $2 million of net credit recoveries. The provision in the prior-year period was $32 million, reflecting $68 million of net credit losses and a net reserve release of $36 million, driven by reserve releases related to charge-offs in spread products.

Markets net income of $1.7 billion increased 2%.


Banking ($ in millions, except as otherwise noted)		3Q’26			2Q’26			3Q’25		QoQ%	YoY%
Investment Banking			1,350			1,548			1,238	(13)%	9%
Corporate Lending^(a)			382			406			453	(6)%	(16)%
Total Banking revenues^(a)			1,732			1,954			1,691	(11)%	2%
Gain / (loss) on loan hedges⁽⁸⁾			9			(32)			(44)	NM	NM
Total Banking revenues including gain/(loss) on loan hedges⁽⁸⁾			1,741			1,922			1,647	(9)%	6%

Total operating expenses			1,225			1,212			1,139	1%	8%
Net credit losses			43			138			9	(69)%	378%
Net ACL build / (release)^(b)			(5)			100			136	NM	NM
Other provisions^(c)			(15)			4			12	NM	NM
Total provision for credit losses			23			242			157	(90)%	(85)%

Net income		$	378		$	350		$	270	8%	40%


Banking Key Statistics and Metrics
Allocated Average TCE^(d) ($B)			8			8			9	-	(15)%
RoTCE^(d)			19.2%			18.0%			11.6%	120 bps	760 bps
Average loans ($B)			85			88			81	(3)%	5%

Advisory			406			390			425	4%	(4)%
Equity underwriting			343			426			194	(19)%	77%
Debt underwriting			601			732			619	(18)%	(3)%
Investment Banking revenues			1,350			1,548			1,238	(13)%	9%

(a) Excludes gain / (loss) on credit derivatives as well as the mark-to-market on loans at fair value. For additional information, see Footnote 8.

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

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

Banking

Banking revenues of $1.7 billion increased 6%, driven by growth in Investment Banking and gains on loan hedges, partially offset by a decline in Corporate Lending, excluding gain/(loss) on loan hedges ⁽⁸⁾.

Investment Banking revenues of $1.4 billion increased 9%, driven by growth in Equity Capital Markets (ECM), partially offset by declines in Advisory and Debt Capital Markets (DCM). ECM revenues increased 77%, as the business gained share in follow-ons and convertibles. Advisory revenues decreased 4%, amid a lower wallet. DCM revenues decreased 3%, driven by a decline in investment grade, primarily offset by growth in leveraged finance.

Corporate Lending revenues of $382 million, excluding gain/(loss) on loan hedges⁽⁸⁾, decreased 16%, driven by lower loan spreads, partially offset by higher average loan balances and commitments.

Banking operating expenses of $1.2 billion increased 8%, driven by higher compensation, including performance-related compensation and continued investments in the business.

Banking provision for credit losses was $23 million, reflecting $43 million of net credit losses and a net reserve release of $20 million, driven by changes in credit quality and transfer risk, largely offset by portfolio growth. The provision in the prior-year period was $157 million, reflecting a net reserve build of $148 million, driven by changes in portfolio composition, including portfolio growth, and $9 million of net credit losses.

Banking net income of $378 million increased 40%.


Wealth ($ in millions, except as otherwise noted)		3Q’26			2Q’26			3Q’25		QoQ%	YoY%
Citigold and Retail Banking			2,275			2,181			1,969	4%	16%
Private Bank			766			769			656	-	17%
Wealth at Work			228			227			214	-	7%
Total revenues, net of interest expense			3,269			3,177			2,839	3%	15%

Total operating expenses			2,438			2,377			2,375	3%	3%

Net credit losses			70			57			91	23%	(23)%
Net ACL build / (release)^(a)			32			2			(17)	NM	NM
Other provisions^(b)			-			-			(1)	-	100%
Total provision for credit losses			102			59			73	73%	40%

Net income		$	585		$	583		$	303	-	93%


Wealth Key Statistics and Metrics ($B)
Allocated Average TCE^(c)			16			16			15	-	5%
RoTCE^(c)			14.3%			14.4%			7.8%	(10) bps	650 bps

Client investment assets^(d)			759			727			660	4%	15%
Deposits			419			415			408	1%	3%
Loans			210			208			202	1%	4%
EOP client balances			1,388			1,350			1,270	3%	9%
Net New Investment Assets (NNIA)^(e)			38			16			19	143%	105%

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

(b) Includes provisions on Other Assets.

(d) 3Q'26 Client investment assets are preliminary. Includes assets under management, trust and custody assets. Starting in 1Q'26, Client investment assets include an additional $10B associated with the value of client insurance policies that were not previously reported.

(e) 3Q'26 Net new investment assets are preliminary. Represents investment asset inflows, including dividends, interest and distributions, less investment asset outflows.

Wealth

Wealth revenues of $3.3 billion increased 15%, driven by growth across all businesses. Net interest income of $2.3 billion increased 20%, driven by higher deposit spreads and average deposit balances, partially offset by lower mortgage spreads. Non-interest revenue of $1.0 billion increased 5%, largely driven by higher investment fee revenues, with growth in client investment assets of 15%, which includes the impact of new assets onboarded as well as market valuations.

Citigold and Retail Banking revenues of $2.3 billion increased 16%, driven by higher deposit spreads.

Private Bank revenues of $766 million increased 17%, primarily driven by higher deposit spreads and average deposit balances.

Wealth at Work revenues of $228 million increased 7%, driven by higher deposit spreads and average deposit balances, primarily offset by lower mortgage spreads.

Wealth operating expenses of $2.4 billion increased 3%, driven by higher compensation, including performance-related and other compensation as well as severance.

Wealth provision for credit losses was $102 million, reflecting $70 million of net credit losses, driven by Citigold and Retail Banking, and a net reserve build of $32 million, driven by portfolio growth and changes in the macroeconomic outlook. The provision in the prior-year period was $73 million, reflecting $91 million of net credit losses and a net reserve release of $18 million, driven by reserve releases related to write-downs.

Wealth net income of $585 million increased 93%.


USCC^(a) ($ in millions, except as otherwise noted)		3Q’26			2Q’26			3Q’25		QoQ%	YoY%
Net interest income			5,422			5,180			5,124	5%	6%
Non-interest revenue			(758)			(659)			(468)	(15)%	(62)%
Total revenues, net of interest expense			4,664			4,521			4,656	3%	-

Total operating expenses			1,682			1,794			1,644	(6)%	2%

Net credit losses			1,670			1,850			1,741	(10)%	(4)%
Net ACL build / (release)^(b)			207			(232)			55	NM	276%
Other provisions^(c)			1			-			3	NM	(67)%
Total provision for credit losses			1,878			1,618			1,799	16%	4%

Net income		$	851		$	852		$	929	-	(8)%


USCC Key Statistics and Metrics ($B)
Allocated Average TCE^(d)			16			16			20	-	(24)%
RoTCE^(d)			21.8%			22.0%			18.2%	(20) bps	360 bps
Average loans			181			177			171	2%	6%
U.S. credit card spend volume			175			176			157	-	11%
New credit cards account acquisitions (in thousands)^(e)			3,081			5,376			3,211	(43)%	(4)%

(a) 3Q’26 and 2Q’26 results, balances and metrics include the impact from the additional American Airlines co-branded card portfolio onboarded in the second quarter of 2026.

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

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

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

U.S. Consumer Cards (USCC)

USCC revenues of $4.7 billion were unchanged, driven by an increase in net interest income, offset by a decline in non-interest revenue. Net interest income increased 6%, driven by higher interest - earning balances. Non-interest revenue decreased 62%, driven by higher partner payment accruals and rewards costs, partially offset by higher interchange and annual fees.

USCC operating expenses of $1.7 billion increased 2%, driven by higher transactional expenses as well as advertising and marketing expenses, largely offset by lower compensation, including lower salaries and benefits, performance-related compensation and severance.

USCC provision for credit losses was $1.9 billion, reflecting $1.7 billion of net credit losses and a net reserve build of $208 million, primarily driven by changes in the macroeconomic outlook. Net credit losses were down 4% from the prior-year period, primarily driven by improved credit performance in private label credit cards. The provision in the prior-year period was $1.8 billion, reflecting $1.7 billion of net credit losses and a net reserve build of $58 million, driven by changes in portfolio quality and higher volume, largely offset by changes in the macroeconomic outlook.

USCC net income of $851 million decreased 8%.

All Other (Managed Basis)^(a)(b)
($ in millions, except as otherwise noted)

 

3Q’26

 

2Q’26

 

3Q’25

QoQ%

YoY%

Legacy Franchises (managed basis)

1,847

2,053

1,871

(10)%

(1)%

Corporate / Other

(415)

(316)

(400)

(31)%

(4)%

Total revenues

1,432

1,737

1,471

(18)%

(3)%

Total operating expenses

1,874

2,220

2,169

(16)%

(14)%

Net credit losses

433

366

297

18%

46%

Net ACL build / (release)^(c)

(68)%

90%

Other provisions^(d)

233%

Total provision for credit losses

532

438

331

21%

61%

Income (loss) from continuing operations

(809)

(761)

(752)

(6)%

(8)%

Income (loss) from discontinued operations, net of taxes

(1)

100%

Noncontrolling interests

146

162

(10)%

Net (loss)

(955)

(923)

(756)

(3)%

(26)%

All Other Key Statistics and Metrics ($B)

Allocated Average TCE^(e)

(1)%

(4)%

(a) Includes Legacy Franchises and certain unallocated costs of global staff functions (including finance, risk, human resources, legal and compliance-related costs), other corporate expenses, and unallocated global operations and technology expenses and income taxes, as well as Corporate Treasury investment activities and discontinued operations.

(b) Reflects results on a managed basis, which excludes divestiture-related impacts related to Citi’s divestitures of its Asia consumer banking businesses and Mexico Consumer/SBMM within Legacy Franchises. For additional information, please refer to Footnote 9.

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

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

(e) TCE is a non-GAAP financial measure. For additional information, refer to Footnote 2.

All Other (Managed Basis)⁽⁹⁾

All Other (managed basis) revenues of $1.4 billion decreased 3%, driven by declines in Legacy Franchises and Corporate/Other.

Legacy Franchises (managed basis)⁽⁹⁾revenues of $1.8 billion decreased 1%, driven by continued lower revenues from closed exit and wind–down markets, offset by growth in Mexico, including momentum in the underlying businesses and the impact of Mexican peso appreciation.

Corporate/Other revenues of $(415) million decreased from $(400) million in the prior-year period, driven by lower net interest income, reflecting higher asset and liability management impacts, offset by higher non-interest revenue, primarily driven by the impact of valuation adjustments on certain investments and positions.

All Other (managed basis) expenses of $1.9 billion decreased 14%, driven by lower transformation expenses and lower expenses related to exits and wind-downs, partially offset by the impact of Mexican peso appreciation and the contribution to the Citi Foundation.

All Other (managed basis) provision for credit losses was $532 million, reflecting $433 million of net credit losses and a net reserve build of $99 million, primarily driven by policyholder benefits and claims in Mexico Consumer. Net credit losses were up 46% from the prior-year period, driven by higher volume and portfolio seasoning in Mexico Consumer. The provision in the prior-year period was $331 million, reflecting $297 million of net credit losses and a net reserve build of $34 million, driven by higher volume and changes in portfolio quality, largely offset by changes in the macroeconomic outlook.

All Other (managed basis) net loss was $(955) million, compared to $(756) million in the prior-year period.

Citigroup will host a conference call today at 11:00 AM (ET). A live webcast of the presentation, as well as financial results and presentation materials, will be available at https://www.citigroup.com/global/investors. The live webcast of the presentation can also be accessed at https://citi-third-quarter-2026-earnings-results.open-exchange.net/registration.

Additional financial, statistical and business-related information, as well as business and segment trends, is included in a Quarterly Financial Data Supplement. Both this earnings release and Citigroup’s Third Quarter 2026 Quarterly Financial Data Supplement are available on Citigroup’s website at www.citigroup.com.

Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in more than 180 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.

Certain statements in this release are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. These statements are not guarantees of future results or occurrences. Actual results and capital and other financial condition may differ materially from those included in these statements due to a variety of factors. These factors include, among others, macroeconomic, geopolitical and other challenges and uncertainties, including higher interest rates, elevated inflation and conflicts in the Middle East; and the precautionary statements included in this release. These factors also consist of those contained in Citigroup's filings with the U.S. Securities and Exchange Commission, including without limitation the “Risk Factors” section of Citigroup’s 2025 Form 10-K. Any forward-looking statements made by or on behalf of Citigroup speak only as to the date they are made, and Citi does not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statements were made.

Contacts:

Investors: Margo Pilic (investorrelations@citi.com)

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

⁽¹⁾Ratios as of September 30, 2026 are preliminary. Citigroup’s return on average common stockholders’ equity (ROE) is calculated using net income less preferred stock dividends divided by average common stockholders’ equity.

⁽²⁾Ratios as of September 30, 2026 are preliminary. Citigroup’s allocated average tangible common equity (TCE) and return on average tangible common equity (RoTCE) are non-GAAP financial measures. RoTCE represents annualized net income available to common shareholders as a percentage of average TCE. For the components of these calculations and for a reconciliation of common equity to TCE, refer to the Citigroup Inc. Quarterly Financial Data Supplement for the quarter ended September 30, 2026 (the 3Q26 Financial Supplement), which is Exhibit 99.2 to Citigroup's Current Report on Form 8-K furnished with the U.S. Securities and Exchange Commission on October 13, 2026.

As used herein, forward-looking estimates or targets for RoTCE are forward-looking non-GAAP financial measures. From time to time, management may discuss forward-looking non-GAAP financial measures, such as forward-looking estimates or targets for revenue, expenses and RoTCE. Citi is unable to provide a reconciliation of forward-looking non-GAAP financial measures to their most directly comparable GAAP financial measures because Citi is unable to provide, without unreasonable effort, a meaningful or accurate calculation or estimation of amounts that would be necessary for the reconciliation due to the complexity and inherent difficulty in forecasting and quantifying future amounts or when they may occur. Such unavailable information could be significant for future results.

⁽³⁾ For additional information on the notable item, see Citi’s Current Report on Form 8-K filed on September 24, 2025 with the U.S. Securities and Exchange Commission. Results of operations excluding the impact of the notable item is a non-GAAP financial measure. Citi believes the presentation of its results of operations and financial condition excluding the notable item provides a meaningful depiction of the underlying fundamentals of its broader results for investors, industry analysts and others. For a reconciliation to reported results, refer to the 3Q26 Financial Supplement.

⁽⁴⁾ Citigroup’s payout ratio is the sum of common dividends and common share repurchases divided by net income available to common shareholders.

⁽⁵⁾Ratios as of September 30, 2026 are preliminary. For the composition of Citigroup’s CET1 Capital and ratio and Citigroup’s Supplementary Leverage ratio, refer to the 3Q26 Financial Supplement.

⁽⁶⁾ Citigroup’s tangible book value per share is a non-GAAP financial measure. For a reconciliation of common equity to tangible common equity and resulting calculation of tangible book value per share, refer to the 3Q26 Financial Supplement.

⁽⁷⁾Prime balances are defined as clients’ billable balances where Citigroup provides cash or synthetic prime brokerage services.

⁽⁸⁾Credit derivatives are used to economically hedge a portion of the Corporate Lending portfolio that includes both accrual loans and loans at fair value. Gain/(loss) on loan hedges includes the mark-to-market on the credit derivatives and the mark-to-market on the loans in the portfolio that are at fair value. The fixed premium costs of these hedges are netted against the Corporate Lending revenues to reflect the cost of credit protection. Citigroup’s results of operations excluding the impact of gain/(loss) on loan hedges are non-GAAP financial measures. For a reconciliation to reported results, refer to the 3Q26 Financial Supplement.

⁽⁹⁾ All Other (managed basis) reflects results on a managed basis, which excludes divestiture-related impacts, for all periods, related to Citigroup’s divestitures of its Asia consumer banking businesses and Mexico Consumer/SBMM businesses within Legacy Franchises. Certain of the results of operations of All Other (managed basis) and Legacy Franchises (managed basis) that exclude divestiture-related impacts are non-GAAP financial measures. For additional information and a reconciliation to reported results, refer to the 3Q26 Financial Supplement.

Exhibit 99.2

CITIGROUP—QUARTERLY FINANCIAL DATA SUPPLEMENT

3Q26

		Page
	Citigroup
	Financial Summary	1
	Consolidated Statement of Income	2
	Consolidated Balance Sheet	3
	Segment Net Revenues and Income (Loss)	4

	Services	5
	Markets	6
	Banking	7
	Wealth	8
	U.S. Consumer Cards (USCC)	9
	Metrics	10
	All Other	11
	Legacy Franchises	12
	Corporate/Other	13
	Divestiture-Related Impacts—Reconciling Items	14

	Citigroup Supplemental Detail
	Average Balances and Interest Rates	15
	EOP (End-of-Period) Loans	16
	EOP Deposits	17
	Allowance for Credit Losses (ACL) Rollforward	18
	Allowance for Credit Losses on Loans (ACLL) and Unfunded Lending Commitments (ACLUC)	19 - 20
	Non-Accrual Assets	21
	Citigroup Regulatory Capital, Ratios and Composition	22
	Tangible Common Equity (TCE), Common Equity, Book Value per Share, Tangible Book Value Per Share (TBVPS) and Returns on Common Equity (RoCE) and Tangible Common Equity (RoTCE)	23

	Reconciliations of Adjusted Results and FX Impact
	FX Impact	24
	Total Citigroup Revenues, Net Interest Income (NII) and Non-Interest Revenues (NIR), and Total Citigroup Operating Expenses	25
	Notable Items Adjustments and All Other (Managed Basis)	26
	All Other (Managed Basis),and Legacy Franchises (Managed Basis)	27
	Services and Banking—Corporate Lending Revenues	28
	Total Citigroup Revenues, Total Operating Expenses, RoCE and RoTCE	29
	Legacy Franchises Exits Contribution	30

CITIGROUP FINANCIAL SUMMARY

(In millions of dollars, except per share amounts, ratios, bps, and as otherwise noted)

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

Revenues, net of interest expense	$	22,090	$	19,871	$	24,633	$	24,766	$	23,845	(4%)	8%	$	65,354	$	73,244	12%
Operating expenses⁽¹⁾		14,290		13,840		14,311		14,215		13,952	(2%)	(2%)		41,292		42,478	3%
Net credit losses (NCLs) on loans		2,214		2,190		2,208		2,404		2,217	(8%)	-		6,907		6,829	(1%)
Credit reserve build (release) for loans		45		10		397		199		199	-	342%		390		795	104%
Provision / (release) for unfunded lending commitments		100		13		184		(97)		134	NM	34%		189		221	17%
Provisions for benefits and claims, other assets and HTM debt securities		91		7		16		16		36	125%	(60%)		559		68	(88%)
Provisions for credit losses and for benefits and claims		2,450		2,220		2,805		2,522		2,586	3%	6%		8,045		7,913	(2%)
Income (loss) from continuing operations before income taxes		5,350		3,811		7,517		8,029		7,307	(9%)	37%		16,017		22,853	43%
Income taxes (benefits)		1,559		1,288		1,578		2,005		1,887	(6%)	21%		4,085		5,470	34%
Income (loss) from continuing operations		3,791		2,523		5,939		6,024		5,420	(10%)	43%		11,932		17,383	46%
Income (loss) from discontinued operations, net of taxes		(1)		(1)		(1)		-		-	-	100%		(2)		(1)	50%
Net income (loss) before noncontrolling interests		3,790		2,522		5,938		6,024		5,420	(10%)	43%		11,930		17,382	46%
Net income (loss) attributable to noncontrolling interests (NCI)⁽²⁾		38		51		153		193		175	(9%)	361%		95		521	448%
Citigroup's net income (loss)	$	3,752	$	2,471	$	5,785	$	5,831	$	5,245	(10%)	40%	$	11,835	$	16,861	42%

Diluted earnings per share:
Income (loss) from continuing operations	$	1.86	$	1.19	$	3.06	$	3.15	$	2.85	(10%)	53%	$	5.78	$	9.07	57%
Net income (loss)	$	1.86	$	1.19	$	3.06	$	3.15	$	2.85	(10%)	53%	$	5.78	$	9.07	57%

Preferred dividends	$	274	$	284	$	305	$	338	$	353	4%	29%	$	830	$	996	20%

Income allocated to unrestricted common shareholders—basic
Income (loss) from continuing operations (for EPS purposes)		3,439		2,150		5,425		5,446		4,840	(11%)	41%		10,874		15,711	44%
Net income (loss) (for EPS purposes)		3,438		2,149		5,424		5,446		4,840	(11%)	41%		10,872		15,710	44%

Income allocated to unrestricted common shareholders—diluted
Income (loss) from continuing operations (for EPS purposes)		3,459		2,170		5,443		5,466		4,861	(11%)	41%		10,930		15,770	44%
Net income (loss) (for EPS purposes)		3,458		2,169		5,442		5,466		4,861	(11%)	41%		10,928		15,769	44%

Shares (in millions):
Average basic		1,820.3		1,772.8		1,736.9		1,700.9		1,671.4	(2%)	(8%)		1,851.7		1,703.1	(8%)
Average diluted		1,862.6		1,816.9		1,776.0		1,735.6		1,706.6	(2%)	(8%)		1,891.8		1,739.4	(8%)
Common shares outstanding, at period end		1,789.3		1,747.5		1,705.6		1,677.4		1,655.2	(1%)	(7%)

Regulatory capital ratios and performance metrics:
Common Equity Tier 1 (CET1) Capital ratio⁽³⁾⁽⁴⁾		13.27%		13.18%		12.75%		12.78%		12.8%
Tier 1 Capital ratio⁽³⁾⁽⁴⁾		14.97%		13.65%		14.57%		14.68%		14.6%
Total Capital ratio⁽³⁾⁽⁴⁾		15.31%		15.66%		15.45%		15.67%		15.7%
Supplementary Leverage ratio (SLR)⁽³⁾⁽⁵⁾		5.52%		5.48%		5.25%		5.15%		5.0%
Return on average assets		0.55%		0.36%		0.83%		0.80%		0.69%	(11) bps	14 bps		0.60%		0.77%	17 bps
Return on average common equity (RoCE)		7.1%		4.5%		11.5%		11.4%		10.1%	(130) bps	300 bps		7.6%		11.0%	340 bps
Average tangible common equity (TCE) (in billions of dollars)⁽⁶⁾	$	172.3	$	170.4	$	169.2	$	169.1	$	168.7	-	(2%)	$	170.8	$	169.0	(1%)
Return on tangible common equity (RoTCE)⁽⁶⁾		8.0%		5.1%		13.1%		13.0%		11.5%	(150) bps	350 bps		8.6%		12.6%	400 bps
Operating leverage⁽⁷⁾		59 bps		(381) bps		746 bps		960 bps		1,031 bps	71 bps	972 bps		473 bps		920 bps	447 bps
Efficiency ratio (total operating expenses/total revenues, net)		64.7%		69.6%		58.1%		57.4%		58.5%	110 bps	(620) bps		63.2%		58.0%	(520) bps

Balance sheet data (in billions of dollars, except per share amounts)⁽⁸⁾:
Total assets	$	2,642.5	$	2,657.2	$	2,777.7	$	2,894.7	$	2,941.3	2%	11%
Total average assets		2,688.8		2,722.5		2,816.8		2,936.0		3,002.2	2%	12%		2,617.9		2,918.3	11%
Total loans		733.9		752.2		761.6		793.7		819.7	3%	12%
Total deposits		1,383.9		1,403.6		1,446.2		1,492.6		1,505.3	1%	9%
Citigroup's stockholders' equity		213.0		212.3		211.0		212.0		209.4	(1%)	(2%)
Book value per share		108.41		110.01		112.22		114.74		115.61	1%	7%
Tangible book value per share⁽⁶⁾		95.72		97.06		99.01		100.89		101.59	1%	6%

Direct staff (in thousands)		227		226		224		219		217	(1%)	(4%)

(1)	3Q25 includes approximately $726 million ($714 million after-tax) related to a goodwill impairment charge in Mexico. For additional information, see Citi's Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2025.

(2)

Net income attributable to noncontrolling interests (NCI) represents the portion of net earnings of consolidated subsidiaries that is attributable to shareholders other than Citi. These amounts are deducted from Net income before attribution to noncontrolling interests to arrive at Citigroup’s net income. The increase in NCI in 2026 primarily relates to the Banamex equity sales completed in December 2025 and April 2026, resulting in a portion of Banamex’s earnings being attributable to noncontrolling shareholders.

(3)	Ratios as of September 30, 2026 are preliminary.

(4)	The ratios presented reflect Citi's binding regulatory capital constraints under the U.S. Basel III rules. See page 22 for regulatory capital metrics under both the Standardized and Advanced Approaches.

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

(6)	TCE, RoTCE and Tangible book value per share are non-GAAP financial measures. See page 23 for a reconciliation of Tangible book value per share and Citi's average TCE to Citi's total average stockholders' equity.

(7)	Represents the year-over-year growth rate in basis points (bps) of total revenues, net of interest expense less the year-over-year growth rate of total operating expenses. Positive operating leverage indicates that the revenue growth rate was greater than the expense growth rate.

(8)	September 30, 2026 is preliminary.

Note: Ratios and variance percentages are calculated based on the displayed amounts.

NM Not meaningful.

N/D Not disclosed.

Reclassified to conform to the current period's presentation.

Page 1

CITIGROUP CONSOLIDATED STATEMENT OF INCOME

(In millions of dollars)

																	3Q26 Increase/			Nine			Nine			YTD 2026 vs.
		3Q			4Q			1Q			2Q			3Q			(Decrease) from			Months			Months			YTD 2025 Increase
		2025			2025			2026			2026			2026			2Q26		3Q25	2025			2026			(Decrease)
Revenues
Interest income (including dividends)		$	36,690		$	36,649		$	35,513		$	37,662		$	38,765		3%		6%	$	106,215		$	111,940		5%
Interest expense			21,750			20,984			19,772			20,537			21,783		6%		-		62,088			62,092		-
Net interest income (NII)			14,940			15,665			15,741			17,125			16,982		(1%)		14%		44,127			49,848		13%

Commissions and fees			2,888			2,829			3,272			3,298			2,884		(13%)		-		8,340			9,454		13%
Principal transactions			2,772			1,450			4,008			2,481			2,275		(8%)		(18%)		8,785			8,764		-
Administration and other fiduciary fees			1,117			1,129			1,123			1,257			1,301		4%		16%		3,285			3,681		12%
Realized gains (losses) on sales of investments, net			105			107			270			169			64		(62%)		(39%)		364			503		38%
Net impairment losses on investments recognized in earnings			(25)			(234)			(140)			(68)			(32)		53%		(28%)		(118)			(240)		(103%)
Other revenue (loss)			293			(1,075)			359			504			371		(26%)		27%		571			1,234		116%
Total non-interest revenues (NIR)			7,150			4,206			8,892			7,641			6,863		(10%)		(4%)		21,227			23,396		10%
Total revenues, net of interest expense			22,090			19,871			24,633			24,766			23,845		(4%)		8%		65,354			73,244		12%


Provisions for credit losses and for benefits and claims
Net credit losses on loans			2,214			2,190			2,208			2,404			2,217		(8%)		-		6,907			6,829		(1%)
Credit reserve build / (release) for loans			45			10			397			199			199		-		342%		390			795		104%
Provision for credit losses on loans			2,259			2,200			2,605			2,603			2,416		(7%)		7%		7,297			7,624		4%
Provision (release) for credit losses on held-to-maturity (HTM) debt securities			(5)			15			(30)			1			6		500%		NM		(3)			(23)		NM
Provision (release) for credit losses on other assets			79			(32)			33			(2)			(53)		NM		NM		499			(22)		NM
Policyholder benefits and claims			17			24			13			17			83		388%		388%		63			113		79%
Provision (benefit) for credit losses on unfunded lending commitments			100			13			184			(97)			134		NM		34%		189			221		17%
Total provisions for credit losses and for benefits and claims			2,450			2,220			2,805			2,522			2,586		3%		6%		8,045			7,913		(2%)

Operating expenses
Compensation and benefits			7,474			7,068			8,382			7,992			7,533		(6%)		1%		22,571			23,907		6%
Technology / communication			2,325			2,429			2,335			2,269			2,346		3%		1%		6,994			6,950		(1%)
Transactional and product servicing			1,110			1,179			1,225			1,341			1,328		(1%)		20%		3,396			3,894		15%
Premises and equipment			607			681			586			618			632		2%		4%		1,796			1,836		2%
Professional services			514			573			441			438			434		(1%)		(16%)		1,500			1,313		(12%)
Advertising and marketing			260			318			233			283			234		(17%)		(10%)		779			750		(4%)
Restructuring			(5)			(4)			-			-			-		-		100%		(10)			-		100%
Other operating			2,005			1,596			1,109			1,274			1,445		13%		(28%)		4,266			3,828		(10%)
Total operating expenses			14,290			13,840			14,311			14,215			13,952		(2%)		(2%)		41,292			42,478		3%


Income (loss) from continuing operations before income taxes			5,350			3,811			7,517			8,029			7,307		(9%)		37%		16,017			22,853		43%
Provision (benefit) for income taxes			1,559			1,288			1,578			2,005			1,887		(6%)		21%		4,085			5,470		34%

Income (loss) from continuing operations			3,791			2,523			5,939			6,024			5,420		(10%)		43%		11,932			17,383		46%
Discontinued operations
Income (loss) from discontinued operations			(1)			(1)			(1)			-			-		-		100%		(2)			(1)		50%
Provision (benefit) for income taxes			-			-			-			-			-		-		-		-			-		-
Income (loss) from discontinued operations, net of taxes			(1)			(1)			(1)			-			-		-		100%		(2)			(1)		50%

Net income (loss) before attribution to noncontrolling interests			3,790			2,522			5,938			6,024			5,420		(10%)		43%		11,930			17,382		46%
Noncontrolling interests (NCI)			38			51			153			193			175		(9%)		361%		95			521		448%
Citigroup's net income (loss)		$	3,752		$	2,471		$	5,785		$	5,831		$	5,245		(10%)		40%	$	11,835		$	16,861		42%

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page 2

CITIGROUP CONSOLIDATED BALANCE SHEET

(In millions of dollars)

																	3Q26 Increase/
		September 30,			December 31,			March 31,			June 30,			September 30,			(Decrease) from
		2025			2025			2026			2026			2026⁽¹⁾			2Q26		3Q25
Assets
Cash and due from banks (including segregated cash and other deposits)		$	23,545		$	23,717		$	23,625		$	24,663		$	23,451		(5%)		-
Deposits with banks, net of allowance			324,515			325,862			362,097			341,750			331,390		(3%)		2%
Securities borrowed and purchased under agreements to resell, net of allowance			321,347			356,195			353,094			404,655			411,327		2%		28%
Brokerage receivables, net of allowance			75,992			62,679			91,720			83,322			102,766		23%		35%
Trading account assets			562,254			537,139			593,473			634,356			635,077		-		13%
Investments
Available-for-sale debt securities			246,227			246,720			257,822			286,765			306,850		7%		25%
Held-to-maturity debt securities, net of allowance			197,092			189,831			178,503			167,893			157,501		(6%)		(20%)
Equity securities			7,413			7,678			7,839			8,263			8,415		2%		14%
Total investments			450,732			444,229			444,164			462,921			472,766		2%		5%
Loans
Consumer⁽²⁾			398,628			408,533			402,391			416,520			418,417		-		5%
Corporate⁽³⁾			335,277			343,697			359,225			377,138			401,288		6%		20%
Loans, net of unearned income			733,905			752,230			761,616			793,658			819,705		3%		12%
Allowance for credit losses on loans (ACLL)			(19,206)			(19,247)			(19,636)			(19,961)			(20,091)		(1%)		(5%)
Total loans, net			714,699			732,983			741,980			773,697			799,614		3%		12%
Goodwill			19,126			19,098			18,997			19,012			19,072		-		-
Intangible assets (including MSRs)			4,330			4,284			4,305			5,004			5,033		1%		16%
Premises and equipment, net of depreciation and amortization			32,819			33,339			33,574			33,897			34,075		1%		4%
Other assets, net of allowance			113,116			117,677			110,658			111,377			106,700		(4%)		(6%)
Total assets		$	2,642,475		$	2,657,202		$	2,777,687		$	2,894,654		$	2,941,271		2%		11%

Liabilities
Non-interest-bearing deposits in U.S. offices		$	116,921		$	121,610		$	122,083		$	122,307		$	120,816		(1%)		3%
Interest-bearing deposits in U.S. offices			592,728			613,052			634,812			665,841			684,500		3%		15%
Total U.S. deposits			709,649			734,662			756,895			788,148			805,316		2%		13%
Non-interest-bearing deposits in offices outside the U.S.			83,920			87,041			86,004			83,823			85,671		2%		2%
Interest-bearing deposits in offices outside the U.S.			590,360			581,870			603,341			620,636			614,335		(1%)		4%
Total international deposits			674,280			668,911			689,345			704,459			700,006		(1%)		4%

Total deposits			1,383,929			1,403,573			1,446,240			1,492,607			1,505,322		1%		9%
Securities loaned and sold under agreements to repurchase			349,726			348,098			369,585			411,126			410,174		-		17%
Brokerage payables			89,596			74,836			111,224			116,076			120,445		4%		34%
Trading account liabilities			160,243			162,798			185,266			187,193			212,635		14%		33%
Short-term borrowings			54,760			51,878			72,056			68,978			61,518		(11%)		12%
Long-term debt			315,846			315,827			307,566			333,749			345,785		4%		9%
Other liabilities, plus allowances⁽⁴⁾			74,498			86,370			73,178			70,475			73,609		4%		(1%)
Total liabilities		$	2,428,598		$	2,443,380		$	2,565,115		$	2,680,204		$	2,729,488		2%		12%

Stockholders' equity
Preferred stock		$	19,050		$	20,050		$	19,550		$	19,550		$	18,050		(8%)		(5%)
Common stock			31			31			31			31			31		-		-
Additional paid-in capital⁽⁵⁾			109,010			108,452			107,821			107,343			107,451		-		(1%)
Retained earnings			214,034			215,128			219,542			223,989			227,733		2%		6%
Treasury stock, at cost			(84,932)			(89,473)			(95,370)			(99,398)			(102,418)		(3%)		(21%)
Accumulated other comprehensive income (loss) (AOCI)⁽⁵⁾			(44,170)			(41,897)			(40,615)			(39,500)			(41,438)		(5%)		6%
Total common equity		$	193,973		$	192,241		$	191,409		$	192,465		$	191,359		(1%)		(1%)

Total Citigroup stockholders' equity		$	213,023		$	212,291		$	210,959		$	212,015		$	209,409		(1%)		(2%)
Noncontrolling interests—equity (NCI—equity)⁽⁵⁾			854			1,531			1,613			2,435			2,374		(3%)		178%
Total equity			213,877			213,822			212,572			214,450			211,783		(1%)		(1%)
Total liabilities and equity		$	2,642,475		$	2,657,202		$	2,777,687		$	2,894,654		$	2,941,271		2%		11%

(1)	September 30, 2026 is preliminary.

(2)	Consumer loans include loans managed by USCC, Wealth, and All Other—Legacy Franchises (other than Mexico small business and middle-market banking (Mexico SBMM).

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

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

(5)	Beginning in December 31, 2025 balances include the impacts on total equity from the sales of the 25.0% (4Q25 and forward), 22.6% (2Q26 and forward), and 1.4% (3Q26) equity stakes, respectively, in Grupo Financiero Banamex, S.A. de C.V.

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page 3

SEGMENT NET REVENUES AND INCOME (LOSS)

(In millions of dollars)

																	3Q26 Increase/			Nine			Nine			YTD 2026 vs.
		3Q			4Q			1Q			2Q			3Q			(Decrease) from			Months			Months			YTD 2025 Increase
		2025			2025			2026			2026			2026			2Q26		3Q25	2025			2026			(Decrease)
Revenues, net of interest expense
Services		$	5,730		$	6,272		$	6,103		$	6,382		$	6,614		4%		15%	$	16,364		$	19,099		17%
Markets			5,745			4,609			7,246			7,007			6,113		(13%)		6%		17,800			20,366		14%
Banking			1,647			1,773			1,767			1,922			1,741		(9%)		6%		4,611			5,430		18%
Wealth			2,839			2,862			3,065			3,177			3,269		3%		15%		8,410			9,511		13%
U.S. Consumer Cards (USCC)			4,656			4,564			4,757			4,521			4,664		3%		-		13,694			13,942		2%
All Other—managed basis⁽¹⁾⁽²⁾			1,471			(208)			1,682			1,737			1,432		(18%)		(3%)		4,650			4,851		4%
Reconciling Items—divestiture-related impacts⁽³⁾			2			(1)			13			20			12		(40%)		500%		(175)			45		NM
Total net revenues—reported		$	22,090		$	19,871		$	24,633		$	24,766		$	23,845		(4%)		8%	$	65,354		$	73,244		12%

Income (loss) from continuing operations
Services		$	2,098		$	2,512		$	2,242		$	2,597		$	2,648		2%		26%	$	5,675		$	7,487		32%
Markets			1,723			856			2,629			2,404			1,761		(27%)		2%		5,409			6,794		26%
Banking			267			355			304			351			378		8%		42%		580			1,033		78%
Wealth			303			299			432			583			585		-		93%		879			1,600		82%
USCC			929			884			732			852			851		-		(8%)		2,525			2,435		(4%)
All Other—managed basis⁽¹⁾⁽²⁾			(752)			(2,273)			(388)			(761)			(809)		(6%)		(8%)		(2,164)			(1,958)		10%
Reconciling Items—divestiture-related impacts⁽³⁾			(777)			(110)			(12)			(2)			6		NM		NM		(972)			(8)		99%

Income (loss) from continuing operations—reported			3,791			2,523			5,939			6,024			5,420		(10%)		43%		11,932			17,383		46%

Discontinued operations			(1)			(1)			(1)			-			-		-		100%		(2)			(1)		50%

Less: NCI			38			51			153			193			175		(9%)		361%		95			521		448%

Net income (loss)		$	3,752		$	2,471		$	5,785		$	5,831		$	5,245		(10%)		40%	$	11,835		$	16,861		42%

(1)

Includes Legacy Franchises and certain unallocated costs of global staff functions (including finance, risk, human resources, legal, and compliance-related costs), other corporate expenses, and unallocated global operations and technology expenses, and income taxes, as well as Corporate Treasury investment activities and discontinued operations.

(2)

Reflects results on a managed basis, which excludes divestiture-related impacts related to Citi's divestitures of its Asia consumer banking businesses and Mexico Consumer/SBMM (consists of Mexico consumer banking (Mexico Consumer) and Small Business and Middle-Market Banking (SBMM), collectively (Mexico Consumer/SBMM)) within Legacy Franchises. See pages 12 and 14 for additional information.

(3)

Reconciling Items consist of the divestiture-related impacts excluded from All Other on a managed basis. See page 14 for additional information. The Reconciling Items are fully reflected in the various line items in Citi's Consolidated Statement of Income (page 2). See page 14 for additional information.

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page 4

SERVICES

(In millions of dollars, except as otherwise noted)

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


Net interest income (including dividends)	$	3,823	$	4,050	$	4,143	$	4,291	$	4,472	4%	17%	$	10,951	$	12,906	18%
Fee revenue
Commissions and fees		880		879		909		924		915	(1%)	4%		2,599		2,748	6%
Administration and other fiduciary fees		746		751		763		889		926	4%	24%		2,156		2,578	20%
Total fee revenue		1,626		1,630		1,672		1,813		1,841	2%	13%		4,755		5,326	12%
Principal transactions		190		257		263		264		287	9%	51%		547		814	49%
All other		91		335		25		14		14	-	(85%)		111		53	(52)%
Total non-interest revenue		1,907		2,222		1,960		2,091		2,142	2%	12%		5,413		6,193	14%

Total revenues, net of interest expense		5,730		6,272		6,103		6,382		6,614	4%	15%		16,364		19,099	17%
Total operating expenses		2,707		2,843		2,935		2,803		2,976	6%	10%		7,970		8,714	9%
Net credit losses on loans		11		19		3		5		3	(40%)	(73%)		37		11	(70%)
Credit reserve build (release) for loans		(4)		(18)		97		46		(23)	NM	(475%)		73		120	64%
Provision (release) for credit losses on unfunded lending commitments		(8)		3		(11)		-		11	NM	NM		(20)		-	100%
Provision (release) for credit losses for other assets		62		(15)		5		7		(17)	NM	NM		375		(5)	NM
Provision (benefit) for credit losses		61		(11)		94		58		(26)	NM	NM		465		126	(73%)
Income from continuing operations before taxes		2,962		3,440		3,074		3,521		3,664	4%	24%		7,929		10,259	29%
Income taxes		864		928		832		924		1,016	10%	18%		2,254		2,772	23%
Income from continuing operations		2,098		2,512		2,242		2,597		2,648	2%	26%		5,675		7,487	32%
NCI		17		16		14		13		11	(15%)	(35%)		48		38	(21%)
Net income	$	2,081	$	2,496	$	2,228	$	2,584	$	2,637	2%	27%	$	5,627	$	7,449	32%
EOP assets (in billions)	$	627	$	628	$	649	$	645	$	672	4%	7%
Average assets (in billions)		616		630		637		659		689	5%	12%	$	596	$	662	11%
Efficiency ratio		47%		45%		48%		44%		45%	100 bps	(200) bps		49%		46%	(300) bps
Average allocated TCE (in billions)⁽¹⁾	$	33.0	$	33.0	$	33.5	$	33.5	$	33.5	-	2%	$	33.0	$	33.5	2%
RoTCE⁽¹⁾		25.0%		30.0%		27.0%		30.9%		31.2%	30 bps	620 bps		22.8%		29.7%	690 bps

Revenue by line of business
Net interest income	$	3,121	$	3,303	$	3,424	$	3,541	$	3,671	4%	18%	$	8,935	$	10,636	19%
Non-interest revenue		1,099		1,182		1,192		1,198		1,231	3%	12%		3,226		3,621	12%
Treasury and Trade Solutions (TTS)		4,220		4,485		4,616		4,739		4,902	3%	16%		12,161		14,257	17%
Net interest income		702		747		719		750		801	7%	14%		2,016		2,270	13%
Non-interest revenue		808		1,040		768		893		911	2%	13%		2,187		2,572	18%
Securities Services		1,510		1,787		1,487		1,643		1,712	4%	13%		4,203		4,842	15%
Total Services	$	5,730	$	6,272	$	6,103	$	6,382	$	6,614	4%	15%	$	16,364	$	19,099	17%

Revenue by managed geography
North America	$	1,759	$	1,939	$	1,976	$	2,126	$	2,191	3%	25%	$	4,968	$	6,293	27%
International		3,971		4,333		4,127		4,256		4,423	4%	11%		11,396		12,806	12%
Total	$	5,730	$	6,272	$	6,103	$	6,382	$	6,614	4%	15%	$	16,364	$	19,099	17%

Key drivers⁽²⁾ (in billions of dollars, except as otherwise noted)
Average loans by line of business
TTS	$	93	$	95	$	97	$	101	$	106	5%	14%	$	91	$	101	11%
Securities Services		1		1		2		2		1	(50%)	-		1		2	100%
Total	$	94	$	96	$	99	$	103	$	107	4%	14%	$	92	$	103	12%

ACLL as a % of EOP loans⁽³⁾		0.35%		0.33%		0.42%		0.44%		0.43%	(1) bps	8 bps
NCLs as a % of average loans		0.05%		0.08%		0.01%		0.02%		0.01%	(1) bps	(4) bps		0.05%		0.01%	(4) bps

Average deposits by line of business
TTS	$	744	$	780	$	812	$	852	$	867	2%	17%	$	716	$	844	18%
Securities Services		149		155		149		165		170	3%	14%		143		161	13%
Total	$	893	$	935	$	961	$	1,017	$	1,037	2%	16%	$	859	$	1,005	17%

AUC/AUA (in trillions of dollars)⁽⁴⁾	$	29.7	$	31.4	$	31.6	$	34.5	$	34.5	-	16%
Cross-border transaction value⁽⁵⁾	$	104.8	$	115.2	$	106.3	$	114.6	$	115.5	1%	10%	$	301.2	$	336.4	12%
U.S. dollar clearing volume (in millions)⁽⁶⁾		44.8		45.3		43.9		46.3		47.1	2%	5%		131.8		137.3	4%
Commercial card spend volume	$	18.4	$	17.7	$	18.6	$	20.1	$	20.2	-	10%	$	53.5	$	58.9	10%

(1)	TCE and RoTCE are non-GAAP financial measures. See page 23 for a reconciliation of the summation of the segments’ and component's average allocated TCE to Citigroup’s total average TCE and Citi’s total average stockholders’ equity.

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

(3)	Excludes loans that are carried at fair value for all periods.

(4)	September 30, 2026 is preliminary.

(5)	Represents the total value of cross-border foreign exchange payments processed through Citi platforms.

(6)	Represents the number of U.S. dollar Clearing Payment instructions processed on behalf of U.S. and foreign-domiciled entities (primarily financial institutions).

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page 5

MARKETS

(In millions of dollars, except as otherwise noted)

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

Net interest income (including dividends)		$	2,178		$	2,761		$	2,797		$	4,002		$	3,273		(18%)		50%	$	6,926		$	10,072		45%
Fee revenue
Brokerage and fees			400			364			478			469			447		(5%)		12%		1,199			1,394		16%
Investment banking fees⁽¹⁾			163			120			120			143			141		(1%)		(13%)		404			404		-
Other⁽²⁾			63			57			55			54			56		4%		(11%)		166			165		(1%)
Total fee revenue			626			541			653			666			644		(3%)		3%		1,769			1,963		11%

Principal transactions			2,737			1,155			3,542			2,088			1,992		(5%)		(27%)		8,324			7,622		(8%)
All other			204			152			254			251			204		(19%)		-		781			709		(9%)
Total non-interest revenue			3,567			1,848			4,449			3,005			2,840		(5%)		(20%)		10,874			10,294		(5%)
Total revenues, net of interest expense			5,745			4,609			7,246			7,007			6,113		(13%)		6%		17,800			20,366		14%
Total operating expenses			3,490			3,608			3,835			3,784			3,750		(1%)		7%		10,464			11,369		9%
Net credit losses (recoveries) on loans			68			(12)			(3)			(10)			(2)		80%		NM		218			(15)		NM
Credit reserve build (release) for loans			(44)			(73)			23			71			62		(13%)		NM		57			156		174%
Provision (release) for credit losses on unfunded lending commitments			13			(7)			(23)			56			30		(46%)		131%		14			63		350%
Provisions (releases) for credit losses for other assets and HTM debt securities			(5)			(12)			(12)			(8)			(13)		(63%)		(160%)		52			(33)		NM
Provision (benefit) for credit losses			32			(104)			(15)			109			77		(29%)		141%		341			171		(50%)
Income (loss) from continuing operations before taxes			2,223			1,105			3,426			3,114			2,286		(27%)		3%		6,995			8,826		26%
Income taxes (benefits)			500			249			797			710			525		(26%)		5%		1,586			2,032		28%
Income (loss) from continuing operations			1,723			856			2,629			2,404			1,761		(27%)		2%		5,409			6,794		26%
NCI			21			18			34			17			18		6%		(14%)		55			69		25%
Net income (loss)		$	1,702		$	838		$	2,595		$	2,387		$	1,743		(27%)		2%	$	5,354		$	6,725		26%
EOP assets (in billions)		$	1,179		$	1,185		$	1,280		$	1,363		$	1,401		3%		19%
Average assets (in billions)			1,229			1,247			1,325			1,406			1,438		2%		17%	$	1,189		$	1,390		17%
Efficiency ratio			61%			78%			53%			54%			61%		700 bps		0 bps		59%			56%		(300) bps
Average allocated TCE (in billions)⁽³⁾		$	53.5		$	53.5		$	56.4		$	56.4		$	56.4		-		5%	$	53.5		$	56.4		5%
RoTCE⁽³⁾			12.6%			6.2%			18.7%			17.0%			12.3%		(470) bps		(30) bps		13.4%			15.9%		250 bps

Revenue by line of business
Fixed Income Markets		$	4,225		$	3,554		$	5,166		$	4,706		$	4,386		(7%)		4%	$	13,191		$	14,258		8%
Equity Markets			1,520			1,055			2,080			2,301			1,727		(25%)		14%		4,609			6,108		33%
Total		$	5,745		$	4,609		$	7,246		$	7,007		$	6,113		(13%)		6%	$	17,800		$	20,366		14%

Rates and Currencies		$	2,963		$	2,449		$	3,311		$	3,247		$	2,965		(9%)		-	$	9,300		$	9,523		2%
Spread Products / Other Fixed Income			1,262			1,105			1,855			1,459			1,421		(3%)		13%		3,891			4,735		22%
Total Fixed Income Markets revenues		$	4,225		$	3,554		$	5,166		$	4,706		$	4,386		(7%)		4%	$	13,191		$	14,258		8%

Revenue by managed geography
North America		$	2,270		$	1,826		$	2,559		$	2,561		$	2,302		(10%)		1%	$	6,563		$	7,422		13%
International			3,475			2,783			4,687			4,446			3,811		(14%)		10%		11,237			12,944		15%
Total		$	5,745		$	4,609		$	7,246		$	7,007		$	6,113		(13%)		6%	$	17,800		$	20,366		14%

Key drivers⁽⁴⁾ (in billions of dollars)
Average loans		$	147		$	152		$	162		$	176		$	191		9%		30%	$	137		$	176		28%
NCLs (annualized) as a % of average loans			0.18%			(0.03%)			(0.01%)			(0.02%)			0.00%		2 bps		(18) bps		0.21%			(0.01%)		(22) bps
ACLL as a % of EOP loans⁽⁵⁾			0.78%			0.67%			0.67%			0.64%			0.60%		(4) bps		(18) bps
Average trading account assets		$	555		$	556		$	573		$	603		$	614		2%		11%	$	525		$	597		14%

(1)	Investment banking fees are primarily composed of underwriting, advisory, loan syndication structuring, and other related financing activity.

(2)	Primarily includes other non-brokerage and investment banking fees from customer-driven activities.

(3)	TCE and RoTCE are non-GAAP financial measures. See page 23 for a reconciliation of the summation of the segments' and component's average allocated TCE to Citigroup's total average TCE and Citi's total average stockholders' equity.

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

(5)	Excludes loans that are carried at fair value for all periods.

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

Page 6

BANKING

(In millions of dollars, except as otherwise noted)

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

Net interest income (including dividends)	$	562	$	549	$	587	$	560	$	516	(8%)	(8%)	$	1,583	$	1,663	5%
Fee revenue
Investment banking fees⁽¹⁾		1,169		1,287		1,232		1,492		1,219	(18%)	4%		3,331		3,943	18%
Other⁽²⁾		65		60		64		57		57	-	(12%)		173		178	3%
Total fee revenue		1,234		1,347		1,296		1,549		1,276	(18%)	3%		3,504		4,121	18%
Principal transactions		(164)		(119)		(38)		(147)		(94)	36%	43%		(433)		(279)	36%
All other		15		(4)		(78)		(40)		43	NM	187%		(43)		(75)	(74%)
Total non-interest revenue		1,085		1,224		1,180		1,362		1,225	(10%)	13%		3,028		3,767	24%

Total revenues, net of interest expense		1,647		1,773		1,767		1,922		1,741	(9%)	6%		4,611		5,430	18%
Total operating expenses		1,139		1,152		1,240		1,212		1,225	1%	8%		3,310		3,677	11%

Net credit losses on loans		9		25		6		138		43	(69%)	378%		59		187	217%
Credit reserve build (release) for loans		38		136		175		(19)		(100)	(426%)	NM		253		56	(78%)
Provision (release) for credit losses on unfunded lending commitments		98		14		(51)		119		95	(20%)	(3%)		207		163	(21%)
Provision (release) for credit losses for other assets		12		1		2		4		(15)	NM	NM		25		(9)	NM
Provision for credit losses		157		176		132		242		23	(90%)	(85%)		544		397	(27%)
Income (loss) from continuing operations before taxes		351		445		395		468		493	5%	40%		757		1,356	79%
Income taxes (benefits)		84		90		91		117		115	(2%)	37%		177		323	82%
Income (loss) from continuing operations		267		355		304		351		378	8%	42%		580		1,033	78%
NCI		(3)		1		-		1		-	(100%)	100%		(6)		1	NM
Net income (loss)	$	270	$	354	$	304	$	350	$	378	8%	40%	$	586	$	1,032	76%
EOP assets (in billions)	$	141	$	140	$	154	$	145	$	158	9%	12%
Average assets (in billions)		149		146		154		160		159	(1%)	7%	$	148	$	158	7%
Efficiency ratio		69%		65%		70%		63%		70%	700 bps	100 bps		72%		68%	(400) bps
Average allocated TCE (in billions)⁽³⁾	$	9.2	$	9.2	$	7.8	$	7.8	$	7.8	-	(15%)	$	9.2	$	7.8	(15%)
RoTCE⁽³⁾		11.6%		15.3%		15.8%		18.0%		19.2%	120 bps	760 bps		8.5%		17.7%	920 bps

Revenue by line of business
Investment Banking	$	1,238	$	1,356	$	1,326	$	1,548	$	1,350	(13%)	9%	$	3,425	$	4,224	23%
Corporate Lending (excluding gain (loss) on loan hedges)⁽⁴⁾		453		443		391		406		382	(6%)	(16%)		1,278		1,179	(8%)
Total Banking revenues (ex-gain (loss) on loan hedges)⁽⁴⁾		1,691		1,799		1,717		1,954		1,732	(11%)	2%		4,703		5,403	15%
Gain (loss) on loan hedges⁽⁴⁾		(44)		(26)		50		(32)		9	NM	NM		(92)		27	NM
Total Banking revenues including gain (loss) on loan hedges⁽⁴⁾	$	1,647	$	1,773	$	1,767	$	1,922	$	1,741	(9%)	6%	$	4,611	$	5,430	18%

Business metrics—investment banking revenues⁽⁵⁾
Advisory	$	425	$	649	$	505	$	390	$	406	4%	(4%)	$	1,258	$	1,301	3%
Equity underwriting (Equity Capital Markets (ECM))		194		219		257		426		343	(19%)	77%		551		1,026	86%
Debt underwriting (Debt Capital Markets (DCM))		619		488		564		732		601	(18%)	(3%)		1,616		1,897	17%
Total	$	1,238	$	1,356	$	1,326	$	1,548	$	1,350	(13%)	9%	$	3,425	$	4,224	23%

Revenue by managed geography
North America	$	862	$	1,023	$	1,109	$	1,087	$	947	(13%)	10%	$	2,384	$	3,143	32%
International		785		750		658		835		794	(5%)	1%		2,227		2,287	3%
Total	$	1,647	$	1,773	$	1,767	$	1,922	$	1,741	(9%)	6%	$	4,611	$	5,430	18%

Key drivers⁽⁶⁾ (in billions of dollars)
Average loans	$	81	$	79	$	83	$	88	$	85	(3%)	5%	$	82	$	85	4%
NCLs (annualized) as a % of average loans		0.04%		0.13%		0.03%		0.63%		0.20%	(43) bps	16 bps		0.10%		0.29%	19 bps
ACLL as a % of EOP loans⁽⁷⁾		1.83%		2.04%		2.06%		2.16%		1.89%	(27) bps	6 bps

(1)	Investment banking fees are primarily composed of underwriting, advisory, loan syndication structuring, and other related financing activity.

(2)	Primarily includes other non-investment banking fees from customer-driven activities.

(3)	TCE and RoTCE are non-GAAP financial measures. See page 23 for a reconciliation of the summation of the segments' and component’s average allocated TCE to Citigroup's total average TCE and Citi's total average stockholders’ equity.

(4)

Credit derivatives are used to economically hedge a portion of the corporate loan portfolio that includes both accrual loans and loans at fair value. Gain (loss) on loan hedges includes the mark-to-market on the credit derivatives, partially offset by the mark-to-market on the loans in the portfolio that are at fair value. Hedges on accrual loans reflect the mark-to-market on credit derivatives used to economically hedge the corporate loan accrual portfolio. The fixed premium costs of these hedges are netted against the corporate lending revenues to reflect the cost of credit protection. Citigroup’s results of operations excluding the impact of gain (loss) on loan hedges are non-GAAP financial measures.

(5)

Beginning in 2Q26, the investment banking fees metric for Banking was replaced with investment banking revenues. This metric includes investment banking fees, other fee revenue, principal transactions, and net interest income from loans generated from investment banking business activities. Prior-period amounts have been conformed to reflect this change in presentation. Citi believes investment banking revenues provides investors with a more comprehensive measure of investment banking performance.

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

(7)	Excludes loans that are carried at fair value for all periods.

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

Page 7

WEALTH

(In millions of dollars, except as otherwise noted)

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

Net interest income	$	1,902	$	2,018	$	2,095	$	2,155	$	2,281	6%	20%	$	5,564	$	6,531	17%
Fee revenue
Commissions and fees		494		465		543		587		552	(6%)	12%		1,432		1,682	17%
Other⁽¹⁾		232		238		207		206		213	3%	(8%)		725		626	(14%)
Total fee revenue		726		703		750		793		765	(4%)	5%		2,157		2,308	7%
All other⁽²⁾		211		141		220		229		223	(3%)	6%		689		672	(2%)
Total non-interest revenue		937		844		970		1,022		988	(3%)	5%		2,846		2,980	5%

Total revenues, net of interest expense		2,839		2,862		3,065		3,177		3,269	3%	15%		8,410		9,511	13%

Total operating expenses		2,375		2,377		2,415		2,377		2,438	3%	3%		7,078		7,230	2%
Net credit losses on loans		91		80		88		57		70	23%	(23%)		231		215	(7%)
Credit reserve build (release) for loans		(16)		6		13		-		34	NM	NM		(17)		47	NM
Provision (release) for credit losses on unfunded lending commitments		(1)		1		-		2		(2)	NM	(100%)		(3)		-	100%
Provisions (releases) for benefits and claims (PBC), and other assets		(1)		-		-		-		-	-	100%		(5)		-	100%
Provisions for credit losses		73		87		101		59		102	73%	40%		206		262	27%
Income from continuing operations before taxes		391		398		549		741		729	(2%)	86%		1,126		2,019	79%
Income taxes		88		99		117		158		144	(9%)	64%		247		419	70%
Income from continuing operations		303		299		432		583		585	-	93%		879		1,600	82%
NCI		-		-		-		-		-	-	-		-		-	-
Net income	$	303	$	299	$	432	$	583	$	585	-	93%	$	879	$	1,600	82%
EOP assets (in billions)	$	313	$	316	$	320	$	321	$	329	2%	5%
Average assets (in billions)		315		325		321		324		330	2%	5%	$	307	$	325	6%
Efficiency ratio		84%		83%		79%		75%		75%	0 bps	(900) bps		84%		76%	(800) bps
Average allocated TCE (in billions)⁽³⁾	$	15.4	$	15.4	$	16.2	$	16.2	$	16.2	-	5%	$	15.4	$	16.2	5%
RoTCE⁽³⁾		7.8%		7.7%		10.8%		14.4%		14.3%	(10) bps	650 bps		7.6%		13.2%	560 bps

Revenue by line of business
Citigold and Retail Banking	$	1,969	$	2,010	$	2,062	$	2,181	$	2,275	4%	16%	$	5,656	$	6,518	15%
Private Bank		656		625		757		769		766	-	17%		2,051		2,292	12%
Wealth at Work		214		227		246		227		228	-	7%		703		701	-
Total	$	2,839	$	2,862	$	3,065	$	3,177	$	3,269	3%	15%	$	8,410	$	9,511	13%

Revenue by managed geography
North America	$	1,741	$	1,825	$	1,893	$	1,977	$	2,124	7%	22%	$	5,204	$	5,994	15%
International		1,098		1,037		1,172		1,200		1,145	(5%)	4%		3,206		3,517	10%
Total	$	2,839	$	2,862	$	3,065	$	3,177	$	3,269	3%	15%	$	8,410	$	9,511	13%

Key drivers⁽⁴⁾ (in billions of dollars)

EOP client balances
Client investment assets^(5)(6)(7)	$	660	$	670	$	676	$	727	$	759	4%	15%
Deposits		408		413		418		415		419	1%	3%
Loans		202		204		205		208		210	1%	4%
Total	$	1,270	$	1,287	$	1,299	$	1,350	$	1,388	3%	9%

Net new investment assets (NNIA)⁽⁷⁾⁽⁸⁾	$	18.6	$	7.2	$	14.7	$	15.7	$	38.1	143%	105%	$	37.1	$	68.5	85%
Average deposits		405		407		414		415		416	-	3%		401		415	3%
Average loans		201		203		205		206		209	1%	4%		197		207	5%
ACLL as a % of EOP loans⁽⁹⁾		0.33%		0.33%		0.33%		0.33%		0.34%	1 bps	1 bps
NCLs (annualized) as a % of average loans		0.18%		0.16%		0.17%		0.11%		0.13%	2 bps	(5) bps		0.16%		0.14%	(2) bps
U.S. Retail Banking branches (actual)		653		655		655		655		655	-	-

(1)	Primarily related to fiduciary and administrative fees.

(2)	Primarily related to principal transactions revenue including FX translation.

(3)	TCE and RoTCE are non-GAAP financial measures. See page 23 for a reconciliation of the summation of the segments’ and component’s average allocated TCE to Citigroup's total average TCE and Citi’s total average stockholders’ equity.

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

(5)	Includes assets under management, and trust and custody assets.

(6)	Beginning in 1Q26, Client investment assets include an additional approximate $10 billion associated with the value of client insurance policies that were not previously reported.

(7)	September 30, 2026 is preliminary.

(8)	Represents investment asset inflows, including dividends, interest and distributions, less investment asset outflows.

(9)	Excludes loans that are carried at fair value for all periods.

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page 8

U.S. CONSUMER CARDS (USCC)⁽¹⁾

(In millions of dollars, except as otherwise noted)

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

Net interest income	$	5,124	$	5,143	$	5,116	$	5,180	$	5,422	5%	6%	$	15,026	$	15,718	5%
Fee revenue
Interchange fees		2,448		2,526		2,404		2,740		2,738	-	12%		7,192		7,882	10%
Card rewards and partner payments		(3,031)		(3,215)		(2,897)		(3,563)		(3,692)	(4%)	(22%)		(8,860)		(10,152)	(15%)
Other⁽²⁾		114		114		112		160		173	8%	52%		313		445	42%
Total fee revenue		(469)		(575)		(381)		(663)		(781)	(18%)	(67%)		(1,355)		(1,825)	(35%)
All other⁽³⁾		1		(4)		22		4		23	475%	NM		23		49	113%
Total non-interest revenue		(468)		(579)		(359)		(659)		(758)	(15%)	(62%)		(1,332)		(1,776)	(33%)

Total revenues, net of interest expense		4,656		4,564		4,757		4,521		4,664	3%	-		13,694		13,942	2%

Total operating expenses		1,644		1,794		1,711		1,794		1,682	(6%)	2%		4,961		5,187	5%

Net credit losses on loans		1,741		1,739		1,742		1,850		1,670	(10%)	(4%)		5,551		5,262	(5%)
Credit reserve build (release) for loans		55		(117)		76		40		207	418%	276%		(124)		323	NM
Provision (release) for credit losses on unfunded lending commit.⁽⁴⁾		-		-		272		(272)		-	100%	-		-		-	-
Provisions for benefits and claims (PBC), and other assets		3		2		2		-		1	NM	(67%)		7		3	(57%)
Provisions for credit losses and for PBC		1,799		1,624		2,092		1,618		1,878	16%	4%		5,434		5,588	3%
Income from continuing operations before taxes		1,213		1,146		954		1,109		1,104	-	(9%)		3,299		3,167	(4%)
Income taxes		284		262		222		257		253	(2%)	(11%)		774		732	(5%)
Income from continuing operations		929		884		732		852		851	-	(8%)		2,525		2,435	(4%)
NCI		-		-		-		-		-	-	-		-		-	-
Net income	$	929	$	884	$	732	$	852	$	851	-	(8%)	$	2,525	$	2,435	(4%)
EOP assets (in billions)	$	171	$	178	$	171	$	182	$	183	1%	7%
Average assets (in billions)		171		173		172		178		182	2%	6%	$	169	$	177	5%
Efficiency ratio		35%		39%		36%		40%		36%	(400) bps	100 bps		36%		37%	100 bps
Average allocated TCE (in billions)⁽⁵⁾	$	20.3	$	20.3	$	15.5	$	15.5	$	15.5	-	(24%)	$	20.3	$	15.5	(24%)
RoTCE⁽⁵⁾		18.2%		17.3%		19.2%		22.0%		21.8%	(20) bps	360 bps		16.6%		21.0%	440 bps

Key drivers⁽⁶⁾(in billions)
Average loans	$	171	$	172	$	171	$	177	$	181	2%	6%	$	169	$	176	4%
ACLL as a % of EOP loans		8.09%		7.74%		8.09%		7.68%		7.77%	9 bps	(32) bps
NCLs (annualized) as a % of average loans		4.05%		4.00%		4.12%		4.19%		3.66%	(53) bps	(39) bps		4.39%		3.99%	(40) bps
Revenue rate⁽⁷⁾		10.80%		10.53%		11.28%		10.25%		10.22%	(3) bps	(58) bps		10.83%		10.59%	(24) bps
NII⁽⁸⁾ (annualized) as a % of average loans		11.89%		11.86%		12.13%		11.74%		11.88%	14 bps	(1) bps		11.89%		11.94%	5 bps

(1)	3Q26 and 2Q26 results, balances and metrics include the impact from the additional American Airlines co-branded card portfolio onboarded during 2Q26.

(2)	Primarily related to annual fees, net of new-account acquisition costs.

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

(4)	1Q26 includes a reserve build related to Citi's forward purchase commitment of the additional American Airlines co-branded card portfolio. This was released from unfunded lending commitments in 2Q26 and re-established as a reserve for the loans that were acquired.

(5)	TCE and RoTCE are non-GAAP financial measures. See page 23 for a reconciliation of the summation of the segments’ and component’s average allocated TCE to Citigroup's total average TCE and Citi’s total average stockholders' equity.

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

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

(8)	Net interest income includes certain fees that are recorded as interest revenue.

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

Page 9

USCC

Metrics

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


New credit cards account acquisitions (in thousands)⁽³⁾
General Purpose Credit Cards (GPCC)⁽⁴⁾		1,872		2,115		1,899		4,004		1,840	(54%)		(2%)
Private Label Credit Cards (PLCC)⁽⁵⁾		1,339		1,572		1,043		1,372		1,241	(10%)		(7%)
Average active accounts (in thousands)⁽⁶⁾
GPCC		44,968		45,754		46,218		47,446		47,913	1%		7%
PLCC		23,277		23,049		22,465		21,718		21,379	(2%)		(8%)
Credit card spend volume
GPCC	$	144.5	$	152.4	$	141.5	$	162.3	$	162.9	-		13%
PLCC		12.6		13.9		10.5		13.2		12.1	(8%)		(4%)
Average loans⁽⁷⁾
GPCC	$	136.8	$	138.6	$	138.6	$	144.9	$	148.7	3%		9%
PLCC		30.0		29.8		28.9		28.3		28.1	(1%)		(6%)
Installment Lending		3.7		3.9		3.8		3.8		4.0	5%		8%
EOP loans⁽⁷⁾
GPCC	$	137.7	$	143.2	$	138.7	$	149.2	$	150.3	1%		9%
PLCC		29.8		30.5		28.3		28.4		27.6	(3%)		(7%)
Installment Lending		3.8		3.8		3.8		3.8		4.1	8%		8%
NCLs as a % of average loans
GPCC		3.85%		3.78%		3.87%		4.01%		3.51%	(50) bps		(34) bps
PLCC		4.67%		4.77%		5.05%		4.79%		4.19%	(60) bps		(48) bps
Installment Lending		6.43%		6.00%		6.19%		6.54%		5.65%	(89) bps		(78) bps
Loans 90+ days past due as a % of EOP loans
GPCC		1.27%		1.32%		1.39%		1.21%		1.21%	0 bps		(6) bps
PLCC		2.08%		2.13%		2.15%		1.92%		1.92%	0 bps		(16) bps
Installment Lending		0.58%		0.58%		0.55%		0.53%		0.54%	1 bps		(4) bps
Loans 30-89 days past due as a % of EOP loans
GPCC		1.21%		1.23%		1.20%		1.17%		1.16%	(1) bps		(5) bps
PLCC		2.07%		1.99%		1.98%		1.84%		1.96%	12 bps		(11) bps
Installment Lending		1.26%		1.37%		1.42%		1.24%		1.24%	0 bps		(2) bps

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

(2)	3Q26 and 2Q26 results, balances and metrics include the impact from the additional American Airlines co-branded card portfolio onboarded during 2Q26.

(3)	Represents the number of new credit card accounts opened or acquired.

(4)	General Purpose Credit Cards (GPCC). Consists of consumer credit cards that operate on established payment networks and are accepted by a wide variety of merchants and service providers.

(5)	Private Label Credit Cards (PLCC). Consists of consumer credit cards that are issued for use with a specific retailer or its affiliates and are limited to purchases of that retailer’s goods and services.

(6)	Represent average open credit card accounts on which there has been a purchase, payment or outstanding balance in the quarter.

(7)	GPCC and PLCC average loans, EOP loans, and the related consumer delinquency amounts and ratios include interest and fees receivables balances.

Reclassified to conform to the current period's presentation.

Page 10

ALL OTHER—MANAGED BASIS^(1)(2)(3)

(In millions of dollars, except as otherwise noted)

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

Net interest income		$	1,351		$	1,144		$	1,003		$	937		$	1,018		9%	(25%)	$	4,077		$	2,958		(27%)
Non-interest revenue⁽⁴⁾			120			(1,352)			679			800			414		(48%)	245%		573			1,893		230%
Total revenues, net of interest expense			1,471			(208)			1,682			1,737			1,432		(18%)	(3%)		4,650			4,851		4%
Total operating expenses^{(5)(6)(7)(8)(9)}			2,169			2,026			2,144			2,220			1,874		(16%)	(14%)		6,672			6,238		(7%)
Net credit losses on loans			297			341			371			366			433		18%	46%		809			1,170		45%
Credit reserve build (release) for loans			16			75			13			61			19		(69%)	19%		159			93		(42%)
Provision (release) for credit losses on unfunded lending commitments			(6)			2			(3)			(2)			-		100%	100%		(13)			(5)		62%
Provisions for benefits and claims (PBC), other assets and HTM debt securities			24			31			19			13			80		NM	233%		109			112		3%
Provisions for credit losses and for PBC			331			449			400			438			532		21%	61%		1,064			1,370		29%
Income (loss) from continuing operations before taxes			(1,029)			(2,683)			(862)			(921)			(974)		(6%)	5%		(3,086)			(2,757)		11%
Income taxes (benefits)			(277)			(410)			(474)			(160)			(165)		(3%)	40%		(922)			(799)		13%
Income (loss) from continuing operations			(752)			(2,273)			(388)			(761)			(809)		(6%)	(8%)		(2,164)			(1,958)		10%
Income (loss) from discontinued operations, net of taxes			(1)			(1)			(1)			-			-		-	100%		(2)			(1)		50%
NCI			3			16			105			162			146		(10%)	NM		(2)			413		NM
Net income (loss)		$	(756)		$	(2,290)		$	(494)		$	(923)		$	(955)		(3%)	(26%)	$	(2,164)		$	(2,372)		(10%)
EOP assets (in billions)		$	211		$	210		$	204		$	239		$	198		(17%)	(6%)
Average assets (in billions)			209			202			208			209			204		(2%)	(2%)	$	209		$	206		(1%)
Efficiency ratio			147%			(974%)			127%			128%			131%		NM	NM		143%			129%		NM
Average allocated TCE (in billions)⁽¹⁰⁾		$	40.9		$	39.0		$	39.8		$	39.7		$	39.3		(1%)	(4%)	$	39.4		$	39.6		1%

Revenue by line of business
Mexico Consumer/SBMM		$	1,722		$	1,775		$	2,054		$	1,991		$	2,027		2%	18%	$	4,725		$	6,072		29%
Asia Consumer^(4)(11)			149			(1,434)			105			77			23		(70%)	(85%)		439			205		(53%)
Legacy Holdings Assets (LHA)			-			(12)			2			(15)			(203)		NM	NM		19			(216)		NM
Corporate/Other			(400)			(537)			(479)			(316)			(415)		(31%)	(4%)		(533)			(1,210)		(127%)
Total		$	1,471		$	(208)		$	1,682		$	1,737		$	1,432		(18%)	(3%)	$	4,650		$	4,851		4%

Mexico Consumer/SBMM—key indicators (in billions of dollars)
EOP loans		$	28.5		$	30.0		$	30.6		$	32.0		$	32.2		1%	13%
EOP deposits			40.6			43.8			43.8			46.0			44.3		(4%)	9%
Average loans			27.2			29.2			30.7			31.7			32.7		3%	20%		25.5			31.7		24%
NCLs as a % of average loans (Mexico Consumer only)			5.46%			5.91%			6.37%			6.13%			6.68%		55 bps	122 bps		5.42%			6.40%		98 bps
Loans 90+ days past due as a % of EOP loans (Mexico Consumer only)			1.60%			1.72%			1.71%			1.79%			1.73%		(6) bps	13 bps
Loans 30-89 days past due as a % of EOP loans (Mexico Consumer only)			1.58%			1.59%			1.64%			1.59%			1.70%		11 bps	12 bps

Asia Consumer—key indicators (in billions of dollars)
EOP loans		$	2.7		$	2.5		$	2.2		$	2.1		$	2.2		5%	(19%)
EOP deposits			1.3			1.1			0.9			0.8			0.8		-	(38%)
Average loans			2.8			2.6			2.4			2.2			2.2		-	(21%)		3.8			2.3		(39%)

Legacy Holdings Assets—key indicators (in billions of dollars)
EOP loans		$	1.8		$	1.8		$	1.7		$	1.1		$	0.9		(18%)	(50%)

(1)

Includes Legacy Franchises (see page 12 for details) and certain unallocated costs of global staff functions (including finance, risk, human resources, legal and compliance-related costs), other corporate expenses, and unallocated global operations and technology expenses and income taxes, as well as Corporate Treasury investment activities and discontinued operations. The results of operations, as well as certain disclosed balance sheet information, for Mexico Consumer/SBMM are presented on a managerial view and include certain intercompany allocations, managerial charges, and offshore expenses that reflect the Mexico Consumer/SBMM operations as a component of Citi’s consolidated operations. The Mexico Consumer/SBMM results are therefore not intended to reflect, and may differ (significantly) from, Banamex’s results and operations as a standalone legal entity.

(2)	Reflects results on a managed basis, which excludes divestiture-related impacts related to Citi's divestitures of its Asia consumer banking businesses and Mexico Consumer/SBMM within Legacy Franchises. See page 14 for additional information.

(3)	Certain of the results of operations of All Other—managed basis are non-GAAP financial measures. See page 14 for additional information.

(4)

In 4Q25, Citigroup recognized an approximate $1.2 billion loss recorded in revenue (approximately $1.1 billion after-tax) related to the loss on sale of the announced move to held-for-sale of AO Citibank (Russia). The sale closed on February 18, 2026. The loss on sale consists of (($1.556) billion) (($1.506) billion after-tax) in Legacy Franchises and (($32) million) in Corporate/Other, partially offset by $356 million in Services, $19 million in Markets and $40 million in Banking. The only tax impact ($50 million tax benefit) was recorded in Legacy Franchises. For additional information, see Citi's Form 8-K filed on December 29, 2025.

(5)	See footnote 2 on page 14.

(6)	See footnote 3 on page 14.

(7)	See footnote 4 on page 14.

(8)	See footnote 5 on page 14.

(9)	See footnote 6 on page 14.

(10)	TCE is a non-GAAP financial measure. See page 23 for a reconciliation of the summation of the segments' and component's average allocated TCE.

(11)	Asia Consumer includes revenues from the Poland and Russia consumer banking businesses.

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page 11

ALL OTHER—MANAGED BASIS⁽¹⁾⁽²⁾

Legacy Franchises⁽³⁾

(In millions of dollars, except as otherwise noted)

											3Q26 Increase/		Nine		Nine		YTD 2026 vs.
	3Q		4Q		1Q		2Q		3Q		(Decrease) from		Months		Months		YTD 2025 Increase
	2025		2025		2026		2026		2026		2Q26	3Q25	2025		2026		(Decrease)
Net interest income	$	1,338	$	1,379	$	1,479	$	1,484	$	1,263	(15%)	(6%)	$	3,776	$	4,226	12%
Non-interest revenue⁽⁴⁾		533		(1,050)		682		569		584	3%	10%		1,407		1,835	30%
Total revenues, net of interest expense		1,871		329		2,161		2,053		1,847	(10%)	(1%)		5,183		6,061	17%

Total operating expenses^{(5)(6)(7)(8)(9)}		1,320		1,222		1,324		1,243		1,182	(5%)	(10%)		3,941		3,749	(5%)

Net credit losses on loans		297		341		371		366		433	18%	46%		809		1,170	45%
Credit reserve build (release) for loans		16		75		13		61		19	(69%)	19%		159		93	(42%)
Provision (release) for credit losses on unfunded lending commitments		(6)		2		(3)		(2)		-	100%	100%		(13)		(5)	62%
Provisions for benefits and claims (PBC), other assets and HTM debt securities		20		29		28		15		78	420%	290%		101		121	20%
Provisions for credit losses and for PBC		327		447		409		440		530	20%	62%		1,056		1,379	31%
Income (loss) from continuing operations before taxes		224		(1,340)		428		370		135	(64%)	(40%)		186		933	402%
Income taxes (benefits)		66		147		137		120		57	(53%)	(14%)		36		314	NM
Income (loss) from continuing operations		158		(1,487)		291		250		78	(69%)	(51%)		150		619	313%
NCI		3		9		114		159		152	(4%)	NM		(5)		425	NM
Net income (loss)	$	155	$	(1,496)	$	177	$	91	$	(74)	NM	NM	$	155	$	194	25%
EOP assets (in billions)	$	86	$	86	$	87	$	87	$	86	(1%)	-
Average assets (in billions)		85		87		88		90		89	(1%)	5%	$	81	$	89	10%
Efficiency ratio		71%		371%		61%		61%		64%	NM	NM		76%		62%	NM
Average allocated TCE (in billions)⁽¹⁰⁾	$	5.1	$	5.1	$	5.7	$	5.7	$	5.7	-	12%	$	5.1	$	5.7	12%

Revenue by line of business
Mexico Consumer/SBMM⁽³⁾	$	1,722	$	1,775	$	2,054	$	1,991	$	2,027	2%	18%	$	4,725	$	6,072	29%
Asia Consumer^(4)(11)		149		(1,434)		105		77		23	(70%)	(85%)		439		205	(53%)
Legacy Holdings Assets (LHA)		-		(12)		2		(15)		(203)	NM	NM		19		(216)	NM
Total	$	1,871	$	329	$	2,161	$	2,053	$	1,847	(10%)	(1%)	$	5,183	$	6,061	17%

Mexico Consumer/SBMM⁽³⁾—key indicators (in billions of dollars)
EOP loans	$	28.5	$	30.0	$	30.6	$	32.0	$	32.2	1%	13%
EOP deposits		40.6		43.8		43.8		46.0		44.3	(4%)	9%
Average loans		27.2		29.2		30.7		31.7		32.7	3%	20%		25.5		31.7	24%
NCLs as a % of average loans (Mexico Consumer only)		5.46%		5.91%		6.37%		6.13%		6.68%	55 bps	122 bps		5.42%		6.40%	98 bps
Loans 90+ days past due as a % of EOP loans (Mexico Consumer only)		1.60%		1.72%		1.71%		1.79%		1.73%	(6) bps	13 bps
Loans 30-89 days past due as a % of EOP loans (Mexico Consumer only)		1.58%		1.59%		1.64%		1.59%		1.70%	11 bps	12 bps

Asia Consumer—key indicators (in billions of dollars)
EOP loans	$	2.7	$	2.5	$	2.2	$	2.1	$	2.2	5%	(19%)
EOP deposits		1.3		1.1		0.9		0.8		0.8	-	(38%)
Average loans		2.8		2.6		2.4		2.2		2.2	-	(21%)		3.8		2.3	(39%)

Legacy Holdings Assets—key indicators (in billions of dollars)
EOP loans	$	1.8	$	1.8	$	1.7	$	1.1	$	0.9	(18%)	(50%)

(1)

Reflects results on a managed basis, which excludes divestiture-related impacts related to Citi's divestitures of its Asia consumer banking businesses and Mexico Consumer/SBMM within Legacy Franchises. See page 14 for additional information. The results of operations, as well as certain disclosed balance sheet information, for Mexico Consumer/SBMM are presented on a managerial view and include certain intercompany allocations, managerial charges, and offshore expenses that reflect the Mexico Consumer/SBMM operations as a component of Citi’s consolidated operations. The Mexico Consumer/SBMM results are therefore not intended to reflect, and may differ (significantly) from, Banamex’s results and operations as a standalone legal entity.

(2)	Certain of the results of operations of All Other—managed basis are non-GAAP financial measures. See page 14 for additional information.

(3)

Legacy Franchises consists of the consumer franchises in 13 markets across Asia, Poland and Russia that Citi has exited or intends to exit (collectively Asia Consumer); Mexico Consumer/SBMM (consists of Mexico consumer banking (Mexico Consumer) and Small Business and Middle-Market Banking (SBMM), collectively (Mexico Consumer/SBMM)); and Legacy Holdings Assets (North America consumer mortgage loans and other legacy assets).

(4)

(5)	See footnote 2 on page 14.

(6)	See footnote 3 on page 14.

(7)	See footnote 4 on page 14.

(8)	See footnote 5 on page 14.

(9)	See footnote 6 on page 14.

(10)	TCE is a non-GAAP financial measure. See page 23 for a reconciliation of the summation of the segments' and component's average allocated TCE.

(11)	Asia Consumer includes revenues from the Poland and Russia consumer banking businesses.

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page 12

ALL OTHER

Corporate/Other⁽¹⁾

(In millions of dollars, except as otherwise noted)

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


Net interest income	$	13	$	(235)	$	(476)	$	(547)	$	(245)	55%	NM	$	301	$	(1,268)	NM
Non-interest revenue		(413)		(302)		(3)		231		(170)	NM	59%		(834)		58	NM
Total revenues, net of interest expense		(400)		(537)		(479)		(316)		(415)	(31%)	(4%)		(533)		(1,210)	(127%)

Total operating expenses		849		804		820		977		692	(29%)	(18%)		2,731		2,489	(9%)
Provisions (releases) for other assets, HTM debt securities and other		4		2		(9)		(2)		2	NM	(50%)		8		(9)	NM
Income (loss) from continuing operations before taxes		(1,253)		(1,343)		(1,290)		(1,291)		(1,109)	14%	11%		(3,272)		(3,690)	(13%)
Income taxes (benefits)		(343)		(557)		(611)		(280)		(222)	21%	35%		(958)		(1,113)	(16%)
Income (loss) from continuing operations		(910)		(786)		(679)		(1,011)		(887)	12%	3%		(2,314)		(2,577)	(11%)
Income (loss) from discontinued operations, net of taxes		(1)		(1)		(1)		-		-	-	100%		(2)		(1)	50%
NCI		-		7		(9)		3		(6)	NM	NM		3		(12)	NM
Net income (loss)	$	(911)	$	(794)	$	(671)	$	(1,014)	$	(881)	13%	3%	$	(2,319)	$	(2,566)	(11%)

EOP assets (in billions)	$	125	$	124	$	117	$	152	$	112	(26%)	(10%)
Average allocated TCE (in billions)⁽²⁾		35.8		33.9		34.1		34.0		33.6	(1%)	(6%)	$	34.3	$	35.8	4%

(1) Includes certain unallocated costs of global staff functions (including finance, risk, human resources, legal and compliance-related costs), other corporate expenses and unallocated global operations and technology expenses and income taxes, as well as Corporate Treasury investment activities and discontinued operations.

(2) TCE is a non-GAAP financial measure. See page 23 for a reconciliation of the summation of the segments' and component's average allocated TCE.

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page 13

ALL OTHER

Divestiture-Related Impacts

(Reconciling Items)⁽¹⁾

(In millions of dollars, except as otherwise noted)

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

Net interest income	$	-	$	-	$	-	$	-	$	-	-	-	$	-	$	-	-
Non-interest revenue		2		(1)		13		20		12	(40%)	500%		(175)		45	NM
Total revenues, net of interest expense		2		(1)		13		20		12	(40%)	500%		(175)		45	NM
Total operating expenses^{(2)(3)(4)(5)(6)}		766		40		31		25		7	(72%)	(99%)		837		63	(92%)
Net credit losses on loans		(3)		(2)		1		(2)		-	100%	100%		2		(1)	NM
Credit reserve build (release) for loans		-		1		-		-		-	-	-		(11)		-	100%
Provision (release) for credit losses on unfunded lending commitments		-		-		-		-		-	-	-		-		-	-
Provisions for benefits and claims (PBC), other assets and HTM debt securities		-		-		-		-		-	-	-		-		-	-
Provisions for credit losses and for PBC		(3)		(1)		1		(2)		-	100%	100%		(9)		(1)	89%
Income (loss) from continuing operations before taxes		(761)		(40)		(19)		(3)		5	NM	NM		(1,003)		(17)	98%
Income taxes (benefits)		16		70		(7)		(1)		(1)	-	NM		(31)		(9)	71%
Income (loss) from continuing operations		(777)		(110)		(12)		(2)		6	NM	NM		(972)		(8)	99%
Income (loss) from discontinued operations, net of taxes		-		-		-		-		-	-	-		-		-	-
NCI		-		-		-		-		-	-	-		-		-	-
Net income (loss)	$	(777)	$	(110)	$	(12)	$	(2)	$	6	NM	NM	$	(972)	$	(8)	99%

(1)	Reconciling Items consist of the divestiture-related impacts excluded from the results of All Other, as well as All Other-Legacy Franchises on a managed basis. The Reconciling Items are fully reflected in Citi's Consolidated Statement of Income on page 2 for each respective line item.

(2)

3Q25 includes approximately $766 million in operating expenses (approximately $744 million after-tax), driven by a goodwill impairment charge in Mexico ($726 million ($714 million after-tax)) and separation costs in Mexico. For additional information, see Citi's Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2025.

(3)	4Q25 includes approximately $40 million in operating expenses (approximately $28 million after-tax), primarily related to separation costs in Mexico. For additional information, see Citi's Annual Report on Form 10-K for the year ended December 31, 2025.

(4)	1Q26 includes approximately $31 million in operating expenses (approximately $23 million after-tax), primarily related to separation costs in Mexico. For additional information, see Citi's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2026.

(5)	2Q26 includes approximately $25 million in operating expenses (approximately $18 million after-tax), primarily related to separation costs in Mexico. For additional information, see Citi's Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2026.

(6)	3Q26 includes approximately $7 million in operating expenses (approximately $6 million after-tax), largely related to separation costs in Mexico.

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page 14

AVERAGE BALANCES AND INTEREST RATES^(1)(2)(3)(4)

Taxable Equivalent Basis
(In millions of dollars, except as otherwise noted)

		Average Volumes									Interest									% Average Rate⁽⁴⁾


		3Q25			2Q26			3Q26⁽⁵⁾			3Q25			2Q26			3Q26⁽⁵⁾			3Q25		2Q26		3Q26⁽⁵⁾
Assets
Deposits with banks		$	332,245		$	359,133		$	361,153		$	3,435		$	3,375		$	3,514		4.10%		3.77%		3.86%
Securities borrowed and purchased under resale agreements⁽⁶⁾			357,804			440,589			464,076			7,003			6,852			7,196		7.77%		6.24%		6.15%
Trading account assets⁽⁷⁾			523,334			559,737			568,225			5,289			6,112			5,215		4.01%		4.38%		3.64%
Investments			449,689			453,144			471,185			4,177			4,098			4,539		3.69%		3.63%		3.82%
Consumer loans			396,333			410,349			416,849			10,150			10,156			10,649		10.16%		9.93%		10.14%
Corporate loans			328,686			374,696			391,700			5,263			5,502			5,905		6.35%		5.89%		5.98%
Total loans (net of unearned income)⁽⁸⁾			725,019			785,045			808,549			15,413			15,658			16,554		8.43%		8.00%		8.12%
Other interest-earning assets			83,974			113,683			103,152			1,400			1,595			1,774		6.61%		5.63%		6.82%
Total average interest-earning assets		$	2,472,065		$	2,711,331		$	2,776,340		$	36,717		$	37,690		$	38,792		5.89%		5.58%		5.54%

Liabilities
Deposits		$	1,180,367		$	1,295,173		$	1,323,057		$	9,163		$	8,747		$	9,210		3.08%		2.71%		2.76%
Securities loaned and sold under repurchase agreements⁽⁶⁾			401,821			449,213			475,798			7,356			6,713			6,978		7.26%		5.99%		5.82%
Trading account liabilities⁽⁷⁾			107,815			131,577			141,490			755			788			897		2.78%		2.40%		2.52%
Short-term borrowings and other interest-bearing liabilities			147,175			189,438			174,829			1,933			2,046			2,267		5.21%		4.33%		5.14%
Long-term debt⁽⁹⁾			187,340			176,982			188,347			2,543			2,243			2,431		5.39%		5.08%		5.12%
Total average interest-bearing liabilities		$	2,024,518		$	2,242,383		$	2,303,521		$	21,750		$	20,537		$	21,783		4.26%		3.67%		3.75%


Net interest income as a % of average interest-earning assets (NIM)⁽⁹⁾											$	14,967		$	17,153		$	17,009		2.40%		2.54%		2.43%

3Q26 increase (decrease) from:																				3 bps		(11) bps

(1)	Interest income and Net interest income include the taxable equivalent adjustments (based on the U.S. federal statutory tax rate of 21%) of $27 million for 3Q25, $28 million for 2Q26 and $27 million for 3Q26.

(2)	Citigroup average balances and interest rates include both domestic and international operations.

(3)	Monthly averages have been used by certain subsidiaries where daily averages are unavailable.

(4)	Average rate percentage is calculated as annualized interest over average volumes.

(5)	3Q26 is preliminary.

(6)	Average volumes of securities borrowed or purchased under agreements to resell and securities loaned or sold under agreements to repurchase are reported net pursuant to FIN 41; the related interest excludes the impact of ASU 2013-01 (Topic 210).

(7)	Interest expense on Trading account liabilities of Services, Markets, and Banking is reported as a reduction of Interest income. Interest income and Interest expense on cash collateral positions are reported in Trading account assets and Trading account liabilities, respectively.

(8)	Nonperforming loans are included in the average loan balances.

(9)	Excludes hybrid financial instruments with changes in fair value recorded in Principal transactions revenue.

Reclassified to conform to the current period's presentation.

Page 15

END-OF-PERIOD LOANS⁽¹⁾⁽²⁾

(In billions of dollars)

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


Corporate loans by region
North America	$	150.1	$	155.2	$	163.6	$	174.8	$	184.1	5%		23%
International		185.2		188.5		195.6		202.3		217.2	7%		17%
Total corporate loans	$	335.3	$	343.7	$	359.2	$	377.1	$	401.3	6%		20%

Corporate loans by segment and reporting unit
Services	$	99.4	$	99.5	$	101.5	$	106.6	$	103.8	(3%)		4%
Markets		149.7		159.4		165.2		182.5		203.5	12%		36%
Banking		78.8		77.2		84.6		79.8		85.5	7%		9%
All Other—Legacy Franchises—Mexico SBMM⁽³⁾		7.4		7.6		7.9		8.2		8.5	4%		15%
Total corporate loans	$	335.3	$	343.7	$	359.2	$	377.1	$	401.3	6%		20%

Wealth by region
North America	$	148.2	$	150.2	$	150.4	$	151.9	$	152.0	-		3%
International		53.5		54.1		54.6		56.2		57.6	2%		8%
Total	$	201.7	$	204.3	$	205.0	$	208.1	$	209.6	1%		4%

USCC
GPCC	$	137.7	$	143.2	$	138.7	$	149.2	$	150.3	1%		9%
PLCC		29.8		30.5		28.3		28.4		27.6	(3%)		(7%)
Installment Lending		3.8		3.8		3.8		3.8		4.1	8%		8%
Total	$	171.3	$	177.5	$	170.8	$	181.4	$	182.0	-		6%

All Other—Consumer
Mexico Consumer	$	21.2	$	22.5	$	22.8	$	23.9	$	23.7	(1%)		12%
Asia Consumer		2.7		2.5		2.2		2.1		2.2	5%		(19%)
Legacy Holdings Assets (LHA)		1.7		1.7		1.6		1.0		0.9	(10%)		(47%)
Total	$	25.6	$	26.7	$	26.6	$	27.0	$	26.8	(1%)		5%

Total consumer loans	$	398.6	$	408.5	$	402.4	$	416.5	$	418.4	-		5%

Total loans—EOP	$	733.9	$	752.2	$	761.6	$	793.7	$	819.7	3%		12%

Total loans—average	$	725.0	$	736.7	$	755.2	$	785.0	$	808.6	3%		12%

NCLs as a % of total average loans		1.21%		1.18%		1.19%		1.23%		1.09%	(14) bps		(12) bps

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

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

(3)	Includes Legacy Franchises corporate loans activity related to Mexico SBMM, as well as other LHA corporate loans.

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page 16

END-OF-PERIOD DEPOSITS

(In billions of dollars)

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

Services, Markets, and Banking by region (institutional)
North America		$	428.3		$	452.9		$	478.5		$	518.1		$	531.8		3%		24%
International			483.1			481.3			499.3			504.3			501.5		(1%)		4%
Total		$	911.4		$	934.2		$	977.8		$	1,022.4		$	1,033.3		1%		13%

Treasury and Trade Solutions		$	740.0		$	779.4		$	804.5		$	828.2		$	846.0		2%		14%
Securities Services			151.3			138.4			155.2			174.6			166.6		(5%)		10%
Services		$	891.3		$	917.8		$	959.7		$	1,002.8		$	1,012.6		1%		14%
Markets			19.3			16.0			17.7			19.1			20.3		6%		5%
Banking			0.8			0.4			0.4			0.5			0.4		(20%)		(50%)
Total		$	911.4		$	934.2		$	977.8		$	1,022.4		$	1,033.3		1%		13%

Wealth
North America		$	278.5		$	285.6		$	285.8		$	279.7		$	283.4		1%		2%
International			129.2			126.9			132.1			135.7			135.5		-		5%
Total		$	407.7		$	412.5		$	417.9		$	415.4		$	418.9		1%		3%

All Other
Legacy Franchises
Mexico Consumer		$	29.7		$	33.3		$	32.6		$	34.4		$	33.0		(4%)		11%
Mexico SBMM—corporate			10.9			10.5			11.2			11.6			11.3		(3%)		4%
Asia Consumer			1.3			1.1			0.9			0.8			0.8		-		(38%)
Legacy Holdings Assets (LHA)⁽¹⁾			0.1			0.1			0.1			0.1			0.1		-		-
Corporate/Other			22.8			11.9			5.7			7.9			7.9		-		(65%)
Total		$	64.8		$	56.9		$	50.5		$	54.8		$	53.1		(3%)		(18%)

Total deposits—EOP		$	1,383.9		$	1,403.6		$	1,446.2		$	1,492.6		$	1,505.3		1%		9%

Total deposits—average		$	1,382.2		$	1,422.3		$	1,446.4		$	1,503.5		$	1,528.0		2%		11%

(1)	LHA includes deposits from the U.K. consumer banking business.

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page 17

ALLOWANCE FOR CREDIT LOSSES (ACL) ROLLFORWARD

(In millions of dollars, except ratios)

																													ACLL/EOP
	Balance		Builds (Releases)										FY 2025		Balance		Builds (Releases)								YTD 2026		Balance		Loans
	12/31/24		1Q25		2Q25		3Q25		4Q25		FY 2025		FX/Other		12/31/25		1Q26		2Q26		3Q26		YTD 2026		FX/Other⁽¹⁾		9/30/26		9/30/26

Allowance for credit losses on loans (ACLL)
Services	$	264	$	24	$	53	$	(4)	$	(18)	$	55	$	8	$	327	$	97	$	46	$	(23)	$	120	$	2	$	449
Markets		1,030		48		53		(44)		(73)		(16)		13		1,027		23		71		62		156		(4)		1,179
Banking		1,167		78		137		38		136		389		22		1,578		175		(19)		(100)		56		(15)		1,619
Legacy Franchises corporate (Mexico SBMM⁽²⁾)		95		4		16		(12)		6		14		12		121		4		10		(11)		3		(1)		123
Total corporate ACLL	$	2,556	$	154	$	259	$	(22)	$	51	$	442	$	55	$	3,053	$	299	$	108	$	(72)	$	335	$	(18)	$	3,370	0.86%
U.S. Cards	$	13,560	$	(169)	$	(12)	$	44	$	(102)	$	(239)	$	3	$	13,324	$	78	$	41	$	213	$	332	$	75	$	13,731	7.72%
Installment lending		425		(5)		7		11		(15)		(2)		(1)		422		(2)		(1)		(6)		(9)		-		413
Total USCC	$	13,985	$	(174)	$	(5)	$	55	$	(117)	$	(241)	$	2	$	13,746	$	76	$	40	$	207	$	323	$	75	$	14,144
Wealth		673		64		(65)		(16)		6		(11)		7		669		13		-		34		47		-		716
All Other—consumer		1,360		58		54		28		70		210		209		1,779		9		51		30		90		(8)		1,861
Total consumer ACLL	$	16,018	$	(52)	$	(16)	$	67	$	(41)	$	(42)	$	218	$	16,194	$	98	$	91	$	271	$	460	$	67	$	16,721	4.00%
Total ACLL	$	18,574	$	102	$	243	$	45	$	10	$	400	$	273	$	19,247	$	397	$	199	$	199	$	795	$	49	$	20,091	2.48%
Allowance for credit losses on unfunded lending commitments (ACLUC)⁽³⁾	$	1,601	$	108	$	(19)	$	100	$	13	$	202	$	30	$	1,833	$	184	$	(97)	$	134	$	221	$	(10)	$	2,044
Total ACLL and ACLUC		20,175		210		224		145		23		602		303		21,080		581		102		333		1,016		39		22,135
Other⁽⁴⁾⁽⁵⁾		2,002		34		388		74		(17)		479		(2,188)		293		3		(1)		(47)		(45)		(8)		240
Total ACL	$	22,177	$	244	$	612	$	219	$	6	$	1,081	$	(1,885)	$	21,373	$	584	$	101	$	286	$	971	$	31	$	22,375

(1)	Primarily includes FX translation on the EOP ACL balances.

(2)	See footnote 3 on page 16.

(3)	1Q26 includes a reserve build related to Citi's forward purchase commitment of the additional American Airlines co-branded card portfolio. This was released from unfunded lending commitments in 2Q26 and re-established as a reserve for the loans that were acquired.

(4)	Includes ACL activity on HTM securities and Other assets.

(5)	The decrease in the Other ACL at December 31, 2025 represents the held-for-sale accounting treatment for AO Citibank (Russia), wherein the assets and liabilities of AO Citibank were reclassified to Other assets and Other liabilities.

Reclassified to conform to the current period's presentation.

Page 18

ALLOWANCE FOR CREDIT LOSSES ON LOANS (ACLL) AND
UNFUNDED LENDING COMMITMENTS (ACLUC)

Page 1

(In millions of dollars)

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

Total Citigroup
Allowance for credit losses on loans (ACLL) at beginning of period		$	19,123		$	19,206		$	19,247		$	19,636		$	19,961		2%		4%	$	18,574		$	19,247		4%
Gross credit (losses) on loans			(2,726)			(2,724)			(2,820)			(2,981)			(2,774)		7%		(2%)		(8,375)			(8,575)		(2%)
Gross recoveries on loans			512			534			612			577			557		(3%)		9%		1,468			1,746		19%
Net credit (losses) / recoveries on loans (NCLs)			(2,214)			(2,190)			(2,208)			(2,404)			(2,217)		(8%)		-		(6,907)			(6,829)		(1%)
Replenishment of NCLs			2,214			2,190			2,208			2,404			2,217		(8%)		-		6,907			6,829		(1%)
Net reserve builds / (releases) for loans			45			10			397			199			199		-		342%		390			795		104%
Provision for credit losses on loans (PCLL)			2,259			2,200			2,605			2,603			2,416		(7%)		7%		7,297			7,624		4%
Other, net^{(1)(2)(3)(4)(5)(6)}			38			31			(8)			126			(69)		NM		NM		242			49		(80%)
ACLL at end of period (a)		$	19,206		$	19,247		$	19,636		$	19,961		$	20,091		1%		5%	$	19,206		$	20,091		5%

Allowance for credit losses on unfunded lending commitments (ACLUC)⁽⁷⁾⁽⁸⁾ (a)		$	1,820		$	1,833		$	2,013		$	1,899		$	2,044		8%		12%	$	1,820		$	2,044		12%

Provision (release) for credit losses on unfunded lending commitments⁽⁸⁾		$	100		$	13		$	184		$	(97)		$	134		NM		34%	$	189		$	221		17%

Total allowance for credit losses on loans, leases and unfunded lending commitments [sum of (a)]		$	21,026		$	21,080		$	21,649		$	21,860		$	22,135		1%		5%	$	21,026		$	22,135		5%

Total ACLL as a % of total loans⁽⁹⁾			2.65%			2.58%			2.61%			2.54%			2.48%		(6) bps		(17) bps
Total NCLs (annualized) as a % of total average loans			1.21%			1.18%			1.19%			1.23%			1.09%		(14) bps		(12) bps		1.30%			1.17%		(13) bps

Consumer
ACLL at beginning of period		$	16,100		$	16,205		$	16,194		$	16,297		$	16,510		1%		3%	$	16,018		$	16,194		1%

NCLs			(2,122)			(2,148)			(2,200)			(2,270)			(2,159)		(5%)		2%		(6,584)			(6,629)		1%
Replenishment of NCLs			2,122			2,148			2,200			2,270			2,159		(5%)		2%		6,584			6,629		1%
Net reserve builds / (releases) for loans			67			(41)			98			91			271		198%		304%		(1)			460		NM
Provision for credit losses on loans (PCLL)			2,189			2,107			2,298			2,361			2,430		3%		11%		6,583			7,089		8%
Other, net^{(1)(2)(3)(4)(5)(6)}			38			30			5			122			(60)		NM		NM		188			67		(64%)
ACLL at end of period (b)		$	16,205		$	16,194		$	16,297		$	16,510		$	16,721		1%		3%	$	16,205		$	16,721		3%

Consumer ACLUC⁽⁷⁾⁽⁸⁾ (b)		$	20		$	24		$	297		$	23		$	23		-		15%	$	20		$	23		15%

Provision (release) for credit losses on unfunded lending commitments⁽⁸⁾		$	(4)		$	3		$	274		$	(274)		$	(1)		100%		75%	$	(8)		$	(1)		88%

Total allowance for credit losses on loans, leases and unfunded lending commitments [sum of (b)]		$	16,225		$	16,218		$	16,594		$	16,533		$	16,744		1%		3%	$	16,225		$	16,744		3%

Consumer ACLL as a % of total consumer loans			4.07%			3.96%			4.05%			3.96%			4.00%		4 bps		(7) bps
Consumer NCLs (annualized) as a % of total consumer average loans			2.12%			2.12%			2.21%			2.22%			2.06%		(16) bps		(6) bps		2.25%			2.16%		(9) bps

Corporate
ACLL at beginning of period		$	3,023		$	3,001		$	3,053		$	3,339		$	3,451		3%		14%	$	2,556		$	3,053		19%

NCLs			(92)			(42)			(8)			(134)			(58)		(57%)		(37%)		(323)			(200)		(38%)
Replenishment of NCLs			92			42			8			134			58		(57%)		(37%)		323			200		(38%)
Net reserve builds / (releases) for loans			(22)			51			299			108			(72)		NM		(227%)		391			335		(14%)
Provision for credit losses on loans (PCLL)			70			93			307			242			(14)		NM		NM		714			535		(25%)
Other, net⁽¹⁾			-			1			(13)			4			(9)		NM		NM		54			(18)		NM
ACLL at end of period (c)		$	3,001		$	3,053		$	3,339		$	3,451		$	3,370		(2%)		12%	$	3,001		$	3,370		12%

Corporate ACLUC⁽⁷⁾ (c)		$	1,800		$	1,809		$	1,716		$	1,876		$	2,021		8%		12%	$	1,800		$	2,021		12%


Provision (release) for credit losses on unfunded lending commitments		$	104		$	10		$	(90)		$	177		$	135		(24%)		30%	$	197		$	222		13%

Total allowance for credit losses on loans, leases and unfunded lending commitments [sum of (c)]		$	4,801		$	4,862		$	5,055		$	5,327		$	5,391		1%		12%	$	4,801		$	5,391		12%

Corporate ACLL as a % of total corporate loans⁽¹⁰⁾			0.92%			0.91%			0.95%			0.94%			0.86%		(8) bps		(6) bps
Corporate NCLs (annualized) as a % of total corporate average loans			0.11%			0.05%			0.01%			0.14%			0.06%		(8) bps		(5) bps		0.14%			0.07%		(7) bps

Footnotes to this table are on the following page (page 20).

Page 19

ALLOWANCE FOR CREDIT LOSSES ON LOANS (ACLL) AND
UNFUNDED LENDING COMMITMENTS (ACLUC)

Page 2

The following footnotes relate to the table on the preceding page (page 19):

(1)	Includes all adjustments to the allowance for credit losses, such as changes in the allowance from acquisitions, dispositions, securitizations, foreign currency translation (FX translation), purchase accounting adjustments, etc.

(2)	3Q25 primarily relates to FX translation.

(3)	4Q25 primarily relates to FX translation.

(4)	1Q26 primarily relates to FX translation.

(5)	2Q26 includes approximately $78 million related to an acquired portfolio and an increase of approximately $48 million related to FX translation.

(6)	3Q26 primarily relates to FX translation.

(7)	Represents additional credit reserves recorded as other liabilities on the Consolidated Balance Sheet.

(8)	1Q26 includes a reserve build related to Citi's forward purchase commitment of the additional American Airlines co-branded card portfolio. This was released from unfunded lending commitments in 2Q26 and re-established as a reserve for the loans that were acquired.

(9)	Excludes loans that are carried at fair value of $7.9 billion, $6.9 billion, $8.5 billion, $8.2 billion, and $8.5 billion at September 30, 2025, December 31, 2025, March 31, 2026, June 30, 2026, and September 30, 2026, respectively.

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

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page 20

NON-ACCRUAL ASSETS

(In millions of dollars)

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

Corporate non-accrual loans by region⁽¹⁾
North America	$	1,280	$	1,145	$	955	$	784	$	778	(1%)	(39%)
International		791		856		1,002		963		954	(1%)	21%
Total	$	2,071	$	2,001	$	1,957	$	1,747	$	1,732	(1%)	(16%)

Corporate non-accrual loans⁽¹⁾
Banking	$	820	$	919	$	971	$	772	$	797	3%	(3%)
Services		187		337		393		419		416	(1%)	122%
Markets		926		622		472		413		400	(3%)	(57%)
Mexico SBMM		138		123		121		143		119	(17%)	(14%)
Total	$	2,071	$	2,001	$	1,957	$	1,747	$	1,732	(1%)	(16%)

Consumer non-accrual loans⁽¹⁾
Wealth	$	886	$	847	$	660	$	728	$	762	5%	(14%)
USCC		22		22		21		20		22	10%	-
Mexico Consumer		526		585		577		631		641	2%	22%
Asia Consumer		16		15		12		13		12	(8%)	(25%)
Legacy Holdings Assets—Consumer		157		149		144		90		85	(6%)	(46%)
Total	$	1,607	$	1,618	$	1,414	$	1,482	$	1,522	3%	(5%)

Total non-accrual loans (NAL)	$	3,678	$	3,619	$	3,371	$	3,229	$	3,254	1%	(12%)

Other real estate owned (OREO)⁽²⁾	$	29	$	22	$	34	$	34	$	68	100%	134%

NAL as a percentage of total loans		0.50%		0.48%		0.44%		0.41%		0.40%	(1) bps	(10) bps

ACLL as a percentage of NAL		522%		532%		582%		618%		617%

(1)

Corporate loans are placed on non-accrual status based on a review by Citigroup's risk officers. Corporate non-accrual loans may still be current on interest payments. With limited exceptions, the following practices are applied for consumer loans: consumer loans, excluding credit cards and mortgages, are placed on non-accrual status at 90 days past due, and are charged off at 120 days past due; residential mortgage loans are placed on non-accrual status at 90 days past due and written down to net realizable value at 180 days past due. Consistent with industry conventions, Citigroup generally accrues interest on credit card loans until such loans are charged off, which typically occurs at 180 days contractual delinquency. As such, the non-accrual loan disclosures do not include credit card loans. The balances above represent non-accrual loans within Consumer loans and Corporate loans on the Consolidated Balance Sheet.

(2)	Represents the carrying value of all property acquired by foreclosure or other legal proceedings when Citigroup has taken possession of the collateral. Also includes former premises and property for use that is no longer contemplated.

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page 21

CITIGROUP REGULATORY CAPITAL, RATIOS AND COMPOSITION

(In millions of dollars or shares, except ratios)


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

Risk-Based Capital Metrics
Standardized Approach
CET1 Capital		$	158,480		$	157,099		$	154,729		$	157,547		$	157,424
Tier 1 Capital			178,793			179,675			176,885			180,941			179,462
Total Capital			215,365			216,468			213,683			217,595			214,339
Risk-Weighted Assets (RWA)			1,194,274			1,192,174			1,214,025			1,232,309			1,231,898
CET1 Capital Ratio			13.27%	(a)		13.18%	(a)		12.75%	(a)		12.78%	(a)		12.8%	(a)
Tier 1 Capital Ratio			14.97%	(a)		15.07%			14.57%	(a)		14.68%	(a)		14.6%	(a)
Total Capital Ratio			18.03%			18.16%			17.60%			17.66%			17.4%

Advanced Approaches
CET1 Capital		$	158,480		$	157,099		$	154,729		$	157,547		$	157,424
Tier 1 Capital			178,793			179,675			176,885			180,941			179,462
Total Capital			206,617			206,170			204,606			208,280			205,022
Risk-Weighted Assets (RWA)			1,349,747			1,316,371			1,323,969			1,329,505			1,309,175
CET1 Capital Ratio			11.74%			11.93%			11.69%			11.85%			12.0%
Tier 1 Capital Ratio			13.25%			13.65%	(a)		13.36%			13.61%			13.7%
Total Capital Ratio			15.31%	(a)		15.66%	(a)		15.45%	(a)		15.67%	(a)		15.7%	(a)

CET1 Capital Composition
Citigroup common stockholders’ equity⁽²⁾		$	194,038		$	192,304		$	191,478		$	192,534		$	191,423
Add: qualifying noncontrolling interests			217			226			236			171			190
Regulatory capital adjustments and deductions:
Less:
Accumulated net unrealized gains (losses) on cash flow hedges, net of tax			(116)			10			(239)			(510)			(1,367)
Cumulative unrealized net gain (loss) related to changes in fair value of financial liabilities attributable to own creditworthiness, net of tax			(1,443)			(1,919)			(431)			(1,638)			(1,126)
Intangible assets:
Goodwill, net of related deferred tax liabilities (DTLs)⁽³⁾			17,876			18,482			18,373			18,391			18,424
Identifiable intangible assets other than mortgage servicing rights (MSRs), net of related DTLs			3,169			3,135			3,150			3,829			3,751
Defined benefit pension plan net assets and other			1,725			1,822			1,730			1,711			1,493
Deferred tax assets (DTAs) arising from net operating loss, foreign tax credit and general business credit carry-forwards			10,807			10,784			10,465			10,214			9,889
Excess over 10% / 15% limitations for other DTAs, certain common stock investments and MSRs⁽⁴⁾			3,757			3,117			3,937			3,161			3,125
CET1 Capital		$	158,480		$	157,099		$	154,729		$	157,547		$	157,424

Supplementary Leverage Ratio and Components
CET1 Capital		$	158,480		$	157,099		$	154,729		$	157,547		$	157,424
Additional Tier 1 Capital (AT1)⁽⁵⁾			20,313			22,576			22,156			23,394			22,038
Total Tier 1 Capital (T1C) (CET1 + AT1)		$	178,793		$	179,675		$	176,885		$	180,941		$	179,462
Total Leverage Exposure (TLE)		$	3,236,413		$	3,276,212		$	3,368,515		$	3,514,390		$	3,593,123
Supplementary Leverage ratio (T1C/TLE)			5.52%			5.48%			5.25%			5.15%			5.0%

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

(1)	September 30, 2026 is preliminary.

(2)	Excludes issuance costs related to outstanding preferred stock in accordance with Federal Reserve Board regulatory reporting requirements.

(3)	Includes goodwill “embedded” in the valuation of significant common stock investments in unconsolidated financial institutions.

(4)	For all periods presented, this deduction relates only to DTAs arising from temporary differences exceeding the 10% limitation.

(5)	Additional Tier 1 Capital primarily includes qualifying noncumulative perpetual preferred stock and qualifying trust preferred securities.

Reclassified to conform to the current period's presentation.

Page 22

TANGIBLE COMMON EQUITY (TCE), COMMON EQUITY, BOOK VALUE

PER SHARE, TANGIBLE BOOK VALUE PER SHARE (TBVPS),

RETURNS ON COMMON EQUITY (RoCE) AND

TANGIBLE COMMON EQUITY (RoTCE)

(In millions of dollars or shares, except per share amounts and ratios)

																	3Q26 Increase/			Nine		Nine		YTD 2026 vs.
		3Q			4Q			1Q			2Q			3Q			(Decrease) from			Months		Months		YTD 2025 Increase
		2025			2025			2026			2026			2026			2Q26		3Q25	2025		2026		(Decrease)
Tangible Common Equity, Book Value Per Share and Tangible Book Value Per Share
Common stockholders' equity		$	193,973		$	192,241		$	191,409		$	192,465		$	191,359		(1%)		(1%)
Less:
Goodwill			19,126			19,098			18,997			19,012			19,072
Identifiable intangible assets (other than MSRs)			3,582			3,525			3,539			4,216			4,138
Goodwill and identifiable intangible assets (other than MSRs) related to businesses HFS			-			-			-			-			-
Tangible common equity (TCE)⁽¹⁾		$	171,265		$	169,618		$	168,873		$	169,237		$	168,149		(1%)		(2%)
Common shares outstanding (CSO)			1,789.3			1,747.5			1,705.6			1,677.4			1,655.2		(1%)		(7%)
Book value per share (common equity/CSO)		$	108.41		$	110.01		$	112.22		$	114.74		$	115.61		1%		7%
Tangible book value per share (TCE/CSO)⁽¹⁾		$	95.72		$	97.06		$	99.01		$	100.89		$	101.59		1%		6%

Return on Common Equity (RoCE) and Return on Tangible Common Equity (RoTCE)
Net income (loss)		$	3,752		$	2,471		$	5,785		$	5,831		$	5,245					$	11,835	$	16,861
Preferred dividends			274			284			305			338			353						830		996
Net income (loss) available to common shareholders			3,478			2,187			5,480			5,493			4,892						11,005		15,865
Average common stockholders' equity			195,471			193,205			192,606			193,160			192,809		-		(1%)		194,296		192,858	(1%)
Less:
Average goodwill and intangibles			23,169			22,763			23,360			24,105			24,116						23,485		23,889
Average TCE		$	172,302		$	170,442		$	169,246		$	169,055		$	168,693		-		(2%)	$	170,811	$	168,969	(1%)
RoCE			7.1%			4.5%			11.5%			11.4%			10.1%		(130) bps		300 bps		7.6%		11.0%	340 bps
RoTCE			8.0%			5.1%			13.1%			13.0%			11.5%		(150) bps		350 bps		8.6%		12.6%	400 bps

Average TCE (in billions of dollars)⁽¹⁾⁽²⁾
Services		$	33.0		$	33.0		$	33.5		$	33.5		$	33.5		-		2%	$	33.0	$	33.5	2%
Markets			53.5			53.5			56.4			56.4			56.4		-		5%		53.5		56.4	5%
Banking			9.2			9.2			7.8			7.8			7.8		-		(15%)		9.2		7.8	(15%)
Wealth			15.4			15.4			16.2			16.2			16.2		-		5%		15.4		16.2	5%
USCC			20.3			20.3			15.5			15.5			15.5		-		(24%)		20.3		15.5	(24%)
All Other			40.9			39.0			39.8			39.7			39.3		(1%)		(4%)		39.4		39.6	1%
Total Citi average TCE		$	172.3		$	170.4		$	169.2		$	169.1		$	168.7		-		(2%)	$	170.8	$	169.0	(1%)

Add:
Average goodwill		$	19.6		$	19.2		$	19.9		$	20.2		$	19.9					$	20.7	$	22.0
Average intangible assets (other than MSRs)			3.6			3.6			3.5			3.9			4.2						2.8		1.9
Total Citi average common stockholders' equity (in billions of dollars)		$	195.5		$	193.2		$	192.6		$	193.2		$	192.8		-		(1%)	$	194.3	$	192.9	(1%)

Income (loss) available to common shareholders (in billions of dollars)⁽³⁾
Services		$	2.1		$	2.5		$	2.2		$	2.6		$	2.6		-		24%	$	5.6	$	7.4	32%
Markets			1.7			0.8			2.6			2.4			1.7		(29%)		-		5.4		6.7	24%
Banking			0.3			0.4			0.3			0.4			0.4		-		33%		0.6		1.0	67%
Wealth			0.3			0.3			0.4			0.6			0.6		-		100%		0.9		1.6	78%
USCC			0.9			0.9			0.7			0.9			0.9		-		-		2.5		2.4	(4%)
All Other—managed basis⁽³⁾			(1.0)			(2.6)			(0.7)			(1.4)			(1.3)		7%		(30%)		(3.0)		(3.2)	(7%)
Reconciling Items—divestiture-related impacts⁽⁴⁾			(0.8)			(0.1)			-			-			-		-		100%		(1.0)		-	100%
Total Citi income (loss) available to common shareholders⁽³⁾		$	3.5		$	2.2		$	5.5		$	5.5		$	4.9		(11%)		40%	$	11.0	$	15.9	45%

RoTCE⁽¹⁾
Services			25.0%			30.0%			27.0%			30.9%			31.2%		30 bps		620 bps		22.8%		29.7%	690 bps
Markets			12.6%			6.2%			18.7%			17.0%			12.3%		(470) bps		(30) bps		13.4%		15.9%	250 bps
Banking			11.6%			15.3%			15.8%			18.0%			19.2%		120 bps		760 bps		8.5%		17.7%	920 bps
Wealth			7.8%			7.7%			10.8%			14.4%			14.3%		(10) bps		650 bps		7.6%		13.2%	560 bps
USCC			18.2%			17.3%			19.2%			22.0%			21.8%		(20) bps		360 bps		16.6%		21.0%	440 bps
All Other—managed basis⁽³⁾			(10.0%)			(26.2%)			(8.1%)			(12.8%)			(13.2%)		NM		NM		(10.2%)		(18.8%)	NM
Reconciling Items—divestiture-related impacts⁽⁴⁾			N/A			N/A			N/A			N/A			N/A						N/A		N/A
Total Citi RoTCE			8.0%			5.1%			13.1%			13.0%			11.5%		(150) bps		350 bps		8.6%		12.6%	400 bps

(1)	TCE, TBVPS, and RoTCE are non-GAAP financial measures. RoTCE represents annualized net income available to common shareholders as a percentage of average TCE.

(2)

Tangible Common Equity is allocated to each segment based on Citi’s allocation methodology, which incorporates Basel III standardized risk-weighted assets, the global systemically important banks (GSIB) surcharge, and a simulation of TCE in severe stress environments, as well as a leverage component. The allocation methodology, including underlying assumptions and judgments used to allocate TCE, is periodically reassessed and as a result, the TCE allocated to the segments may change.

(3)	Represents Net income (loss), less Preferred Stock dividends. See table above for dividend amounts.

(4)	Reconciling Items consist of the divestiture-related impacts excluded from the results of All Other, as well as All Other—Legacy Franchises on a managed basis. For a reconciliation of these results, see page 14.

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page 23

FX Impact

(In millions of dollars)

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

Foreign currency (FX) translation impact

Total Citigroup

Total revenues—as reported		$	22,090		$	19,871		$	24,633		$	24,766		$	23,845		(4%)		8%	$	65,354		$	73,244		12%
Impact of FX translation⁽¹⁾			103			189			67			(78)			-						899			-
Total revenues—Ex-FX⁽¹⁾		$	22,193		$	20,060		$	24,700		$	24,688		$	23,845		(3%)		7%	$	66,253		$	73,244		11%

Total operating expenses—as reported		$	14,290		$	13,840		$	14,311		$	14,215		$	13,952		(2%)		(2%)	$	41,292		$	42,478		3%
Impact of FX translation⁽¹⁾			152			104			(17)			(11)			-						746			-
Total operating expenses—Ex-FX⁽¹⁾		$	14,442		$	13,944		$	14,294		$	14,204		$	13,952		(2%)		(3%)	$	42,038		$	42,478		1%

Total provisions for credit losses and PBC—as reported		$	2,450		$	2,220		$	2,805		$	2,522		$	2,586		3%		6%	$	8,045		$	7,913		(2%)
Impact of FX translation⁽¹⁾			17			21			6			(5)			-						145			-
Total provisions for credit losses and PBC—Ex-FX⁽¹⁾		$	2,467		$	2,241		$	2,811		$	2,517		$	2,586		3%		5%	$	8,190		$	7,913		(3%)

Total EBIT—as reported		$	5,350		$	3,811		$	7,517		$	8,029		$	7,307		(9%)		37%	$	16,017		$	22,853		43%
Impact of FX translation⁽¹⁾			(66)			64			78			(62)			-						8			-
Total EBIT—Ex-FX⁽¹⁾		$	5,284		$	3,875		$	7,595		$	7,967		$	7,307		(8%)		38%	$	16,025		$	22,853		43%

Total EOP Loans—as reported		$	734		$	752		$	762		$	794		$	820		3%		12%
Impact of FX translation⁽¹⁾			(2)			(2)			(1)			(1)			-
Total EOP Loans—Ex-FX⁽¹⁾		$	732		$	750		$	761		$	793		$	820		3%		12%

Total EOP Deposits—as reported		$	1,384		$	1,404		$	1,446		$	1,493		$	1,505		1%		9%
Impact of FX translation⁽¹⁾			(4)			(5)			1			-			-
Total EOP Deposits—Ex-FX⁽¹⁾		$	1,380		$	1,399		$	1,447		$	1,493		$	1,505		1%		9%

Total Average Loans—as reported		$	725		$	737		$	755		$	785		$	809		3%		12%	$	709		$	783		10%
Impact of FX translation⁽¹⁾			2			2			-			-			-						7			-
Total Average Loans—Ex-FX⁽¹⁾		$	727		$	739		$	755		$	785		$	809		3%		11%	$	716		$	783		9%

Total Average Deposits—as reported		$	1,382		$	1,422		$	1,446		$	1,504		$	1,528		2%		11%	$	1,343		$	1,493		11%
Impact of FX translation⁽¹⁾			2			4			(1)			(1)			-						15			-
Total Average Deposits—Ex-FX⁽¹⁾		$	1,384		$	1,426		$	1,445		$	1,503		$	1,528		2%		10%	$	1,358		$	1,493		10%

Legacy Franchises—Mexico Consumer/SBMM

All Other—Legacy Franchises (LF) Mexico Consumer/SBMM revenues—as reported		$	1,722		$	1,775		$	2,054		$	1,996		$	2,032		2%		18%	$	4,725		$	6,082		29%
Impact of FX translation⁽¹⁾			99			75			9			(1)			-						458			-
All Other—LF Mexico Consumer/SBMM revenues—Ex-FX⁽¹⁾		$	1,821		$	1,850		$	2,063		$	1,995		$	2,032		2%		12%	$	5,183		$	6,082		17%

All Other—LF Mexico Consumer/SBMM expenses—as reported		$	1,772		$	962		$	1,181		$	1,060		$	1,058		-		(40%)	$	3,816		$	3,299		(14%)
Impact of FX translation⁽¹⁾			116			44			5			(1)			-						421			-
All Other—LF Mexico Consumer/SBMM expenses—Ex-FX⁽¹⁾		$	1,888		$	1,006		$	1,186		$	1,059		$	1,058		-		(44%)	$	4,237		$	3,299		(22%)

(1)

Reflects the impact of foreign currency (FX) translation into U.S. dollars applying the third quarter of 2026 average exchange rates for all quarterly periods, and YTD 2026 average exchange rates for nine-months results, with the exception of EOP loans and deposits, which were calculated based on exchange rates as of September 30, 2026. Citi's results excluding the impact of FX translation are non-GAAP financial measures.

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page 24

Reconciliation of Adjusted Results (Page 1)

(In millions of dollars, except per share amounts and as otherwise noted)

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

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


Total Citigroup revenues—as reported		$	22,090		$	19,871		$	24,633		$	24,766		$	23,845		(4%)		8%	$	65,354		$	73,244		12%
Less:
Total divestiture-related Impacts on revenues			2			(1)			13			20			12						(175)			45
Total Citigroup revenues, excluding divestitures impacts^(*)		$	22,088		$	19,872		$	24,620		$	24,746		$	23,833		(4%)		8%	$	65,529		$	73,199		12%

Total Citigroup revenues—as reported		$	22,090		$	19,871		$	24,633		$	24,766		$	23,845		(4%)		8%	$	65,354		$	73,244		12%
Less:
Notable item—Russia HFS accounting treatment loss impact on revenues⁽¹⁾			-			(1,173)			-			-			-						-			-
Total Citigroup revenues, excluding notable item(s) impact^(*)		$	22,090		$	21,044		$	24,633		$	24,766		$	23,845		(4%)		8%	$	65,354		$	73,244		12%

Total Citigroup net interest income (NII)—as reported		$	14,940		$	15,665		$	15,741		$	17,125		$	16,982		(1%)		14%	$	44,127		$	49,848		13%
Markets NII⁽²⁾			2,178			2,761			2,797			4,002			3,273						6,926			10,072
Citigroup NII ex-Markets^(*)		$	12,762		$	12,904		$	12,944		$	13,123		$	13,709		4%		7%	$	37,201		$	39,776		7%

Total Citigroup non-interest revenue (NIR)—as reported		$	7,150		$	4,206		$	8,892		$	7,641		$	6,863		(10%)		(4%)	$	21,227		$	23,396		10%
Markets NIR⁽²⁾			3,567			1,848			4,449			3,005			2,840						10,874			10,294
Citigroup NIR ex-Markets^(*)		$	3,583		$	2,358		$	4,443		$	4,636		$	4,023		(13%)		12%	$	10,353		$	13,102		27%
Less:
Notable item—Russia HFS accounting treatment loss impact on revenues⁽³⁾			-			(1,192)			-			-			-						-			-
Citigroup NIR ex-Markets, excluding notable item(s) impact^(*)		$	3,583		$	3,550		$	4,443		$	4,636		$	4,023		(13%)		12%	$	10,353		$	13,102		27%

Total Citigroup operating expenses

Total Citigroup operating expenses—as reported		$	14,290		$	13,840		$	14,311		$	14,215		$	13,952		(2%)		(2%)	$	41,292		$	42,478		3%
Less:
Notable item—Mexico goodwill impairment charge impact on operating expenses⁽⁴⁾			726			-			-			-			-						726			-
Total Citigroup operating expenses, excluding notable item(s)^(*)		$	13,564		$	13,840		$	14,311		$	14,215		$	13,952		(2%)		3%	$	40,566		$	42,478		5%

Total Citigroup revenues—as reported		$	22,090		$	19,871		$	24,633		$	24,766		$	23,845		(4%)		8%	$	65,354		$	73,244		12%
Total Citigroup operating expenses—as reported			14,290			13,840			14,311			14,215			13,952		(2%)		(2%)		41,292			42,478		3%
Total Citigroup efficiency ratio—as reported			64.7%			69.6%			58.1%			57.4%			58.5%		110 bps		(620) bps		63.2%			58.0%		(520) bps
Less:
Notable item(s) impact(s) on revenues⁽¹⁾			-			(1,173)			-			-			-						-			-
Total Citigroup revenues, excluding notable item(s)^(*)		$	22,090		$	21,044		$	24,633		$	24,766		$	23,845		(4%)		8%	$	65,354		$	73,244		12%
Less:
Notable item(s) impact(s) on operating expenses⁽⁴⁾			726			-			-			-			-						726			-
Total Citigroup operating expenses, excluding notable item(s)^(*)		$	13,564		$	13,840		$	14,311		$	14,215		$	13,952		(2%)		3%	$	40,566		$	42,478		5%
Total Citigroup efficiency ratio, excluding notable item(s)^(*)			61.4%			65.8%			58.1%			57.4%			58.5%		110 bps		(290) bps		62.1%			58.0%		(410) bps

*	Represents a non-GAAP financial measure.

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

(2)	See page 6 for details.

(3)	See footnote 4 on page 12 for details. The amount on this line adds the $19 million impact for Markets because it is already deducted in the Citigroup ex-Markets NIR number above.

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

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page 25

Reconciliation of Adjusted Results (Page 2)

(In millions of dollars, except per share amounts and as otherwise noted)

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

Total Citigroup other operating expenses⁽¹⁾—as reported	$	3,386		$	3,168		$	2,369		$	2,613		$	2,745	5%		(19%)	$	8,341	$	7,727	(7%)
Less:
Notable item—Mexico goodwill impairment charge impact on other operating expenses⁽²⁾		726			-			-			-			-					726		-
Total Citigroup other operating expenses, excluding notable item(s)^(*)	$	2,660		$	3,168		$	2,369		$	2,613		$	2,745	5%		3%	$	7,615	$	7,727	1%

Notable items adjustments

Total Citigroup net income—as reported	$	3,752		$	2,471		$	5,785		$	5,831		$	5,245	(10%)		40%	$	11,835	$	16,861	42%
Less notable items:
Russia HFS accounting treatment loss impact on net income⁽³⁾		-			(1,123)			-			-			-					-		-
Mexico goodwill impairment charge impact on net income⁽²⁾		(714)			-			-			-			-					(714)		-
Total Citigroup net income, excluding notable Item(s)^(*)	$	4,466		$	3,594		$	5,785		$	5,831		$	5,245	(10%)		17%	$	12,549	$	16,861	34%

Total Citigroup diluted EPS—as reported	$	1.86		$	1.19		$	3.06		$	3.15		$	2.85	(10%)		53%	$	5.78	$	9.07	57%
Less:
Notable item(s)⁽²⁾⁽³⁾		(0.38)			(0.62)			-			-			-					(0.37)		-
Total Citigroup diluted EPS, excluding notable item(s)^(*)	$	2.24		$	1.81		$	3.06		$	3.15		$	2.85	(10%)		27%	$	6.15	$	9.07	47%

Total Citigroup diluted EPS—as reported	$	1.86		$	1.19		$	3.06		$	3.15		$	2.85	(10%)		53%	$	5.78	$	9.07	57%
Less:
Notable item—Russia HFS accounting treatment loss impact on net income⁽³⁾		-			(0.62)			-			-			-					-		-
Total Citigroup diluted EPS, excluding notable item^(*)	$	1.86		$	1.81		$	3.06		$	3.15		$	2.85	(10%)		53%	$	5.78	$	9.07	57%

Total Citigroup RoCE—as reported		7.1%			4.5%			11.5%			11.4%			10.1%	(130) bps		300 bps		7.6%		11.0%	340 bps
Less:
Notable item(s)⁽²⁾⁽³⁾		(140) bps			(230) bps			0 bps			0 bps			0 bps					(50) bps		0 bps
Total Citigroup RoCE, excluding notable items^(*)		8.5%			6.8%			11.5%			11.4%			10.1%	(130) bps		160 bps		8.1%		11.0%	290 bps

Total Citigroup RoTCE—as reported		8.0%			5.1%			13.1%			13.0%			11.5%	(150) bps		350 bps		8.6%		12.6%	400 bps
Less:
Notable item(s)⁽²⁾⁽³⁾		(170) bps			(260) bps			0 bps			0 bps			0 bps					(60) bps		0 bps
Total Citigroup RoTCE, excluding notable items^(*)		9.7%			7.7%			13.1%			13.0%			11.5%	(150) bps		180 bps		9.2%		12.6%	340 bps

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

All Other revenues—managed basis^(*)	$	1,471		$	(208)		$	1,682		$	1,737		$	1,432	(18%)		(3%)	$	4,650	$	4,851	4%
Add:
Total divestiture-related impacts on revenues		2			(1)			13			20			12					(175)		45
All Other revenues—U.S. GAAP	$	1,473		$	(209)		$	1,695		$	1,757		$	1,444	(18%)		(2%)	$	4,475	$	4,896	9%

All Other operating expenses—managed basis^(*)	$	2,169		$	2,026		$	2,144		$	2,220		$	1,874	(16%)		(14%)	$	6,672	$	6,238	(7%)
Add:
Total divestiture-related impacts on operating expenses⁽⁵⁾		766			40			31			25			7					837		63
All Other operating expenses—U.S. GAAP	$	2,935		$	2,066		$	2,175		$	2,245		$	1,881	(16%)		(36%)	$	7,509	$	6,301	(16%)

All Other provisions for credit losses—managed basis^(*)	$	331		$	449		$	400		$	438		$	532	21%		61%	$	1,064	$	1,370	29%
Add:
Total divestiture-related impacts on provisions for credit losses		(3)			(1)			1			(2)			-					(9)		(1)
All Other provisions for credit losses—U.S. GAAP	$	328		$	448		$	401		$	436		$	532	22%		62%	$	1,055	$	1,369	30%

All Other EBIT—managed basis^(*)	$	(1,029)		$	(2,683)		$	(862)		$	(921)		$	(974)	(6%)		5%	$	(3,086)	$	(2,757)	11%
Add:
Total divestiture-related impacts on revenues		2			(1)			13			20			12					(175)		45
Total divestiture-related impacts on operating expenses⁽⁵⁾		(766)			(40)			(31)			(25)			(7)					(837)		(63)
Total divestiture-related impacts on provisions for credit losses		3			1			(1)			2			-					9		1
All Other EBIT—U.S. GAAP	$	(1,790)		$	(2,723)		$	(881)		$	(924)		$	(969)	(5%)		46%	$	(4,089)	$	(2,774)	32%

*	Represents a non-GAAP financial measure.

(1)	Other operating expenses include the following expense line items: Premises and equipment, Professional services, Advertising and marketing, and Other operating expenses.

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

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

(4)	Reflects results on a managed basis, which excludes divestiture-related impacts related to Citi's divestitures of its Asia consumer banking businesses and Mexico Consumer/SBMM within Legacy Franchises. See page 14 for additional information.

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

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page 26

Reconciliation of Adjusted Results (Page 3)

(In millions of dollars, except as otherwise noted)

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


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

All Other net income (loss)—managed basis	$	(756)	$	(2,290)	$	(494)	$	(923)	$	(955)	(3%)	(26%)	$	(2,164)	$	(2,372)	(10%)
Add:
Total divestiture-related impacts on revenue		2		(1)		13		20		12				(175)		45
Total divestiture-related impacts on operating expenses⁽²⁾		(766)		(40)		(31)		(25)		(7)				(837)		(63)
Total divestiture-related impacts on provisions for credit losses		3		1		(1)		2		-				9		1
Total divestiture-related impacts on income taxes		(16)		(70)		7		1		1				31		9
All Other net income (loss)—U.S. GAAP	$	(1,533)	$	(2,400)	$	(506)	$	(925)	$	(949)	(3%)	38%	$	(3,136)	$	(2,380)	24%


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

Legacy Franchises revenues (managed basis)—as reported	$	1,871	$	329	$	2,161	$	2,053	$	1,847	(10%)	(1%)	$	5,183	$	6,061	17%
Less:
Notable item—portion of Russia HFS accounting treatment loss impact on LF revenues⁽³⁾		-		(1,556)		-		-		-				-		-
LF revenues, excluding notable item(s) impact^(*)	$	1,871	$	1,885	$	2,161	$	2,053	$	1,847	(10%)	(1%)	$	5,183	$	6,061	17%


LF revenues—managed basis^(*)	$	1,871	$	329	$	2,161	$	2,053	$	1,847	(10%)	(1%)	$	5,183	$	6,061	17%
Add:
Total divestiture-related impacts on revenues		2		(1)		13		20		12				(175)		45
LF revenues—U.S. GAAP	$	1,873	$	328	$	2,174	$	2,073	$	1,859	(10%)	(1%)	$	5,008	$	6,106	22%


LF operating expenses—managed basis^(*)	$	1,320	$	1,222	$	1,324	$	1,243	$	1,182	(5%)	(10%)	$	3,941	$	3,749	(5%)
Add:
Total divestiture-related impacts on operating expenses⁽²⁾		766		40		31		25		7				837		63
LF operating expenses—U.S. GAAP	$	2,086	$	1,262	$	1,355	$	1,268	$	1,189	(6%)	(43%)	$	4,778	$	3,812	(20%)


LF provisions for credit losses—managed basis^(*)	$	327	$	447	$	409	$	440	$	530	20%	62%	$	1,056	$	1,379	31%
Add:
Total divestiture-related impacts on provisions for credit losses		(3)		(1)		1		(2)		-				(9)		(1)
LF provisions for credit losses—U.S. GAAP	$	324	$	446	$	410	$	438	$	530	21%	64%	$	1,047	$	1,378	32%


LF EBIT—managed basis^(*)	$	224	$	(1,340)	$	428	$	370	$	135	(64%)	(40%)	$	186	$	933	402%

Add:
Total divestiture-related impacts on revenue		2		(1)		13		20		12				(175)		45
Total divestiture-related impacts on operating expenses⁽²⁾		(766)		(40)		(31)		(25)		(7)				(837)		(63)
Total divestiture-related impacts on provisions for credit losses		3		1		(1)		2		-				9		1
LF EBIT—U.S. GAAP	$	(537)	$	(1,380)	$	409	$	367	$	140	(62%)	NM	$	(817)	$	916	NM


LF net income (loss)—managed basis^(*)	$	155	$	(1,496)	$	177	$	91	$	(74)	NM	NM	$	155	$	194	25%
Add:
Total divestiture-related impacts on revenue		2		(1)		13		20		12				(175)		45
Total divestiture-related impacts on operating expenses⁽²⁾		(766)		(40)		(31)		(25)		(7)				(837)		(63)
Total divestiture-related impacts on provisions for credit losses		3		1		(1)		2		-				9		1
Total divestiture-related impacts on income taxes		(16)		(70)		7		1		1				31		9
LF net income (loss)—U.S. GAAP	$	(622)	$	(1,606)	$	165	$	89	$	(68)	NM	89%	$	(817)	$	186	NM

*	Represents a non-GAAP financial measure.

(1)	Reflects results on a managed basis, which excludes divestiture-related impacts related to Citi's divestitures of its Asia consumer banking businesses and Mexico Consumer/SBMM within Legacy Franchises. See page 14 for additional information.

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

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

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

Page 27

Reconciliation of Adjusted Results (Page 4)

(In millions of dollars, except as otherwise noted)

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

Services revenues—as reported		$	5,730		$	6,272		$	6,103		$	6,382		$	6,614		4%		15%	$	16,364		$	19,099		17%
Less:
Notable item—portion of Russia HFS accounting treatment impact on services revenues⁽¹⁾			-			356			-			-			-						-			-
Services revenues, excluding notable item(s) impact^(*)		$	5,730		$	5,916		$	6,103		$	6,382		$	6,614		4%		15%	$	16,364		$	19,099		17%

Services non-interest revenue (NIR)—as reported		$	1,907		$	2,222		$	1,960		$	2,091		$	2,142		2%		12%	$	5,413		$	6,193		14%
Less:
Notable item—portion of Russia HFS accounting treatment impact on services revenues⁽¹⁾			-			356			-			-			-						-			-
Services NIR, excluding notable item(s) impact^(*)		$	1,907		$	1,866		$	1,960		$	2,091		$	2,142		2%		12%	$	5,413		$	6,193		14%

Banking—Corporate Lending revenues

Banking—Corporate Lending revenues—as reported		$	409		$	417		$	441		$	374		$	391		5%		(4%)	$	1,186		$	1,206		2%
Gain (loss) on loan hedges⁽²⁾			(44)			(26)			50			(32)			9						(92)			27
Banking—Corporate Lending revenues—excluding gain (loss) on loan hedges^(*)		$	453		$	443		$	391		$	406		$	382		(6%)		(16%)	$	1,278		$	1,179		(8%)

*	Represents a non-GAAP financial measure.

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

(2)	See page 7 for details.

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page 28

Reconciliation of Adjusted Results (Page 5)

(In millions of dollars, or as otherwise noted)

3Q26 Increase/

Nine

YTD 2026 vs.

(Decrease) from

Months

YTD 2025 Increase

 

2025

 

2025

 

2026

 

2026

 

2026

 

2Q26

 

3Q25

2025

 

2026

 

(Decrease)

Total Citigroup revenues

Total Citigroup revenues—as reported

22,090

19,871

24,633

24,766

23,845

(4%)

65,354

73,244

12%

Less:

Total divestiture-related impacts on revenues

(1)

(175)

Notable item—Russia HFS accounting treatment loss impact on revenues⁽²⁾

(1,173)

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

22,088

21,045

24,620

24,746

23,833

(4%)

65,529

73,199

12%

Total Citigroup operating expenses—as reported

14,290

13,840

14,311

14,215

13,952

(2%)

41,292

42,478

Less:

Total divestiture-related impacts on expenses⁽³⁾

766

837

FDIC special assessment⁽⁴⁾

(47)

(191)

(47)

Total Citigroup operating expenses, excluding divestitures impacts and FDIC special assessment^(4)(*)

13,571

13,991

14,280

14,190

13,945

(2%)

40,502

42,415

Total Citigroup operating expenses—as reported

14,290

13,840

14,311

14,215

13,952

(2%)

41,292

42,478

Less:

Goodwill impairment⁽⁵⁾

726

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

13,564

13,840

14,311

14,215

13,952

(2%)

40,566

42,478

Total Citigroup RoCE and RoTCE

Total Citigroup RoCE—as reported

7.1%

4.5%

11.5%

11.4%

10.1%

(130) bps

300 bps

7.6%

11.0%

340 bps

Less:

Notable item—Russia HFS accounting treatment loss impact on net income⁽²⁾

0 bps

(230) bps

0 bps

Total Citigroup RoCE, excluding notable item^(*)

7.1%

6.8%

11.5%

11.4%

10.1%

(130) bps

300 bps

7.6%

11.0%

340 bps

Total Citigroup RoTCE—as reported

8.0%

5.1%

13.1%

13.0%

11.5%

(150) bps

350 bps

8.6%

12.6%

400 bps

Less:

Notable item—Russia HFS accounting treatment loss impact on net income⁽²⁾

0 bps

(260) bps

0 bps

Total Citigroup RoTCE, excluding notable item^(*)

8.0%

7.7%

13.1%

13.0%

11.5%

(150) bps

350 bps

8.6%

12.6%

400 bps

*	Represents a non-GAAP financial measure.

(1)

Not used.

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

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

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

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

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page 29

Reconciliation of Adjusted Results (Page 6)

(In millions of dollars, except as otherwise noted)

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

Legacy Franchises (LF) exits contribution

Revenues

Closed or signed markets revenues—Ex-divestitures		$	122		$	(1,456)		$	77		$	54		$	(1)		NM		NM	$	348		$	130		(63%)
Add:
Divestiture-related impacts on closed or signed markets revenues			2			(1)			13			15			7						(175)			35
Closed or signed markets revenues—U.S. GAAP		$	124		$	(1,457)		$	90		$	69		$	6		(91%)		(95%)	$	173		$	165		(5%)

Mexico Consumer/SBMM revenues—Ex-divestitures		$	1,722		$	1,775		$	2,054		$	1,991		$	2,027		2%		18%	$	4,725		$	6,072		29%
Add:
Divestiture-related impacts on Mexico/SBMM			-			-			-			5			5						-			10
Mexico Consumer/SBMM revenues—U.S. GAAP		$	1,722		$	1,775		$	2,054		$	1,996		$	2,032		2%		18%	$	4,725		$	6,082		29%

Wind-downs/sale/other revenues—Ex-divestitures		$	27		$	10		$	30		$	8		$	(179)		NM		NM	$	110		$	(141)		NM
Add:
Divestiture-related impacts on wind-downs/sale/other revenues			-			-			-			-			-						-			-
Wind-downs/sale/other revenues—U.S. GAAP		$	27		$	10		$	30		$	8		$	(179)		NM		NM	$	110		$	(141)		NM

Expenses

Closed or signed markets expenses—Ex-divestitures		$	133		$	108		$	75		$	68		$	(1)		NM		NM	$	429		$	142		(67%)
Add:
Divestiture-related impacts on closed or signed markets expenses			4			8			5			6			2						21			13
Closed or signed markets expenses—U.S. GAAP		$	137		$	116		$	80		$	74		$	1		(99%)		(99%)	$	450		$	155		(66%)

Mexico Consumer/SBMM expenses—Ex-divestitures		$	1,013		$	928		$	1,157		$	1,041		$	1,054		1%		4%	$	3,006		$	3,252		8%
Add:
Divestiture-related impacts on Mexico/SBMM			759			34			24			19			4						810			47
Mexico Consumer/SBMM expenses—U.S. GAAP		$	1,772		$	962		$	1,181		$	1,060		$	1,058		-		(40%)	$	3,816		$	3,299		(14%)

Wind-downs/sale/other expenses—Ex-divestitures		$	174		$	186		$	92		$	134		$	129		(4%)		(26%)	$	506		$	355		(30%)
Add:
Divestiture-related impacts on wind-downs/sale/other expenses			3			(2)			2			-			1						6			3
Wind-downs/sale/other expenses—U.S. GAAP		$	177		$	184		$	94		$	134		$	130		(3%)		(27%)	$	512		$	358		(30%)

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page 30


			Exhibit 99.3

Citigroup Inc. securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:

Title of each class	Ticker Symbol(s)	Title for iXBRL	Name of each exchange on which registered

Common Stock, par value $.01 per share	C	Common Stock, par value $.01 per share	New York Stock Exchange
Depositary Shares, each representing a 1/1,000th interest in a share of 6.250% Noncumulative Preferred Stock, Series II	C PR R	Dep Shs, represent 1/1,000th interest in a share of 6.250% Noncum Pref Stk, Ser II	New York Stock Exchange
7.625% Trust Preferred Securities of Citigroup Capital III (and registrant’s guaranty with respect thereto)	C/36Y	7.625% TRUPs of Cap III (and registrant’s guaranty)	New York Stock Exchange
7.875% Fixed Rate / Floating Rate Trust Preferred Securities (TruPS^®) of Citigroup Capital XIII (and registrant’s guaranty with respect thereto)	C N	7.875% FXD / FRN TruPS of Cap XIII (and registrant’s guaranty)	New York Stock Exchange
Medium-Term Senior Notes, Series N, Callable Fixed Rate Notes Due April 26, 2028 of CGMHI (and registrant’s guaranty with respect thereto)	C/28	MTN, Series N, Callable Fixed Rate Notes Due Apr 2028 of CGMHI (and registrant’s guaranty)	New York Stock Exchange
Medium-Term Senior Notes, Series N, Floating Rate Notes Due September 15, 2028 of CGMHI (and registrant’s guaranty with respect thereto)	C/28A	MTN, Series N, Floating Rate Notes Due Sept 2028 of CGMHI (and registrant’s guaranty)	New York Stock Exchange
Medium-Term Senior Notes, Series N, Floating Rate Notes Due October 6, 2028 of CGMHI (and registrant’s guaranty with respect thereto)	C/28B	MTN, Series N, Floating Rate Notes Due Oct 2028 of CGMHI (and registrant’s guaranty)	New York Stock Exchange
Medium-Term Senior Notes, Series N, Floating Rate Notes Due March 21, 2029 of CGMHI (and registrant’s guaranty with respect thereto)	C/29A	MTN, Series N, Floating Rate Notes Due Mar 2029 of CGMHI (and registrant’s guaranty)	New York Stock Exchange

Source: View Original Filing on SEC EDGAR

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