CITIGROUP—QUARTERLY FINANCIAL DATA SUPPLEMENT			1Q26


			Page				Note:
	Citigroup
	Financial Summary		1				See Citi’s 4Q25 Historical Financial Supplement furnished on Form 8-K (filed on April 3, 2026) for a description of and additional historical periods reflecting Citi’s first quarter of 2026 reporting changes. Prior period results and TCE allocations in this First Quarter 2026 Quarterly Financial Data Supplement for the impacted segments were recast to reflect these reporting changes, while Citi’s consolidated results and TCE remained unchanged.
	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
	Common Equity Tier 1 (CET1) Capital and Supplementary Leverage Ratios		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)


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

Revenues, net of interest expense	$	21,596	$	21,668	$	22,090	$	19,871	$	24,633		24%		14%
Operating expenses		13,425		13,577		14,290		13,840		14,311		3%		7%
Net credit losses (NCLs)		2,459		2,234		2,214		2,190		2,208		1%		(10%)
Credit reserve build (release) for loans		102		243		45		10		397		NM		289%
Provision / (release) for unfunded lending commitments		108		(19)		100		13		184		NM		70%
Provisions for benefits and claims, other assets and HTM debt securities		54		414		91		7		16		129%		(70%)
Provisions for credit losses and for benefits and claims		2,723		2,872		2,450		2,220		2,805		26%		3%
Income (loss) from continuing operations before income taxes		5,448		5,219		5,350		3,811		7,517		97%		38%
Income taxes (benefits)		1,340		1,186		1,559		1,288		1,578		23%		18%
Income (loss) from continuing operations		4,108		4,033		3,791		2,523		5,939		135%		45%
Income (loss) from discontinued operations, net of taxes		(1)		-		(1)		(1)		(1)		-		-
Net income (loss) before noncontrolling interests		4,107		4,033		3,790		2,522		5,938		135%		45%
Net income (loss) attributable to noncontrolling interests		43		14		38		51		153		200%		256%
Citigroup’s net income (loss)	$	4,064	$	4,019	$	3,752	$	2,471	$	5,785		134%		42%

Diluted earnings per share:
Income (loss) from continuing operations	$	1.96	$	1.96	$	1.86	$	1.19	$	3.06		157%		56%
Net income (loss)	$	1.96	$	1.96	$	1.86	$	1.19	$	3.06		157%		56%

Preferred dividends	$	269	$	287	$	274	$	284	$	305		7%		13%

Income allocated to unrestricted common shareholders—basic
Income (loss) from continuing operations (for EPS purposes)		3,752		3,683		3,439		2,150		5,426		152%		45%
Net income (loss) (for EPS purposes)		3,751		3,683		3,438		2,149		5,425		152%		45%

Income allocated to unrestricted common shareholders—diluted
Income (loss) from continuing operations (for EPS purposes)		3,769		3,702		3,459		2,170		5,443		151%		44%
Net income (loss) (for EPS purposes)		3,768		3,702		3,458		2,169		5,442		151%		44%

Shares(in millions):
Average basic		1,879.0		1,855.9		1,820.3		1,772.8		1,736.9		(2%)		(8%)
Average diluted		1,919.6		1,893.1		1,862.6		1,816.9		1,776.0		(2%)		(7%)
Common shares outstanding, at period end		1,867.7		1,840.9		1,789.3		1,747.5		1,705.6		(2%)		(9%)

Regulatory capital ratios and performance metrics:
Common Equity Tier 1 (CET1) Capital ratio⁽¹⁾⁽²⁾		13.41%		13.48%		13.27%		13.18%		12.7%
Tier 1 Capital ratio⁽¹⁾⁽³⁾		15.10%		14.98%		14.97%		13.65%		14.5%
Total Capital ratio⁽¹⁾⁽⁴⁾		15.41%		15.28%		15.31%		15.66%		15.4%
Supplementary Leverage ratio (SLR)⁽¹⁾⁽⁵⁾		5.79%		5.53%		5.52%		5.48%		5.2%
Return on average assets		0.65%		0.61%		0.55%		0.36%		0.83%		47 bps		18 bps
Return on average common equity(RoCE)		8.0%		7.7%		7.1%		4.5%		11.5%		700 bps		350 bps
Average tangible common equity (TCE) (in billions of dollars)⁽⁶⁾	$	169.3	$	172.1	$	172.3	$	170.4	$	169.2		(1%)		-
Return on tangible common equity(RoTCE)⁽⁶⁾		9.1%		8.7%		8.0%		5.1%		13.1%		800 bps		400 bps
Operating leverage⁽⁷⁾		759 bps		567 bps		59 bps		(381) bps		746 bps		1,127 bps		(13) bps
Efficiency ratio (total operating expenses/total revenues, net)		62.2%		62.7%		64.7%		69.6%		58.1%		(1,150) bps		(410) bps

Balance sheet data(in billions of dollars, except per share amounts)⁽¹⁾:
Total assets	$	2,571.5	$	2,622.8	$	2,642.5	$	2,657.2	$	2,777.7		5%		8%
Total average assets		2,517.1		2,647.8		2,688.8		2,722.5		2,816.8		3%		12%
Total loans		702.1		725.3		733.9		752.2		761.6		1%		8%
Total deposits		1,316.4		1,357.7		1,383.9		1,403.6		1,446.2		3%		10%
Citigroup’s stockholders’ equity		212.4		213.2		213.0		212.3		211.0		(1%)		(1%)
Book value per share		103.90		106.94		108.41		110.01		112.22		2%		8%
Tangible book value per share⁽⁶⁾		91.52		94.16		95.72		97.06		99.01		2%		8%

Direct staff (in thousands)		229		230		227		226		224		(1%)		(2%)

(1)	March 31, 2026 is preliminary.

(2)	For March 31, 2026 and all prior periods presented, Citi’s binding CET1 Capital ratios were derived under the Standardized Approach. For the composition of Citi’s CET1 Capital and ratio, see page 22.

(3)	Citi’s binding Tier 1 Capital ratios were derived under the Advanced Approaches for December 31, 2025 and the Standardized Approach for all other periods presented, including March 31, 2026.

(4)	For March 31, 2026 and all prior periods presented, Citi’s binding Total Capital ratios were derived under the 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.

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)


																	1Q26 Increase/
		1Q			2Q			3Q			4Q			1Q			(Decrease) from
		2025			2025			2025			2025			2026				4Q25		1Q25
Revenues
Interest income (including dividends)		$	33,666		$	35,859		$	36,690		$	36,649		$	35,513			(3%)		5%
Interest expense			19,654			20,684			21,750			20,984			19,772			(6%)		1%
Net interest income (NII)			14,012			15,175			14,940			15,665			15,741			-		12%

Commissions and fees			2,707			2,745			2,888			2,829			3,272			16%		21%
Principal transactions			3,510			2,503			2,772			1,450			4,008			176%		14%
Administration and other fiduciary fees			1,045			1,123			1,117			1,129			1,123			(1%)		7%
Realized gains (losses) on sales of investments, net			121			138			105			107			270			152%		123%
Net impairment losses on investments recognized in earnings			(58)			(35)			(25)			(234)			(140)			40%		(141%)
Other revenue (loss)			259			19			293			(1,075)			359			NM		39%
Total non-interest revenues (NIR)			7,584			6,493			7,150			4,206			8,892			111%		17%
Total revenues, net of interest expense			21,596			21,668			22,090			19,871			24,633			24%		14%

Provisions for credit losses and for benefits and claims
Net credit losses on loans			2,459			2,234			2,214			2,190			2,208			1%		(10%)
Credit reserve build / (release) for loans			102			243			45			10			397			NM		289%
Provision for credit losses on loans			2,561			2,477			2,259			2,200			2,605			18%		2%
Provision for credit losses on held-to-maturity (HTM) debt securities			(5)			7			(5)			15			(30)			NM		(500%)
Provision for credit losses on other assets			39			381			79			(32)			33			NM		(15%)
Policyholder benefits and claims			20			26			17			24			13			(46%)		(35%)
Provision for credit losses on unfunded lending commitments			108			(19)			100			13			184			NM		70%
Total provisions for credit losses and for benefits and claims			2,723			2,872			2,450			2,220			2,805			26%		3%

Operating expenses
Compensation and benefits			7,464			7,633			7,474			7,068			8,382			19%		12%
Technology / communication			2,379			2,290			2,325			2,429			2,335			(4%)		(2%)
Transactional and product servicing			1,102			1,184			1,110			1,179			1,225			4%		11%
Premises and equipment			574			615			607			681			586			(14%)		2%
Professional services			476			510			514			573			441			(23%)		(7%)
Advertising and marketing			250			269			260			318			233			(27%)		(7%)
Restructuring			(3)			(2)			(5)			(4)			-			100%		100%
Other operating			1,183			1,078			2,005			1,596			1,109			(31%)		(6%)
Total operating expenses			13,425			13,577			14,290			13,840			14,311			3%		7%

Income (loss) from continuing operations before income taxes			5,448			5,219			5,350			3,811			7,517			97%		38%
Provision (benefit) for income taxes			1,340			1,186			1,559			1,288			1,578			23%		18%

Income (loss) from continuing operations			4,108			4,033			3,791			2,523			5,939			135%		45%
Discontinued operations
Income (loss) from discontinued operations			(1)			-			(1)			(1)			(1)			-		-
Provision (benefit) for income taxes			-			-			-			-			-			-		-
Income (loss) from discontinued operations, net of taxes			(1)			-			(1)			(1)			(1)			-		-

Net income (loss) before attribution to noncontrolling interests			4,107			4,033			3,790			2,522			5,938			135%		45%
Noncontrolling interests			43			14			38			51			153			200%		256%

Citigroup’s net income (loss)		$	4,064		$	4,019		$	3,752		$	2,471		$	5,785			134%		42%

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

Page 2

CITIGROUP CONSOLIDATED BALANCE SHEET

(In millions of dollars)

																	1Q26 Increase/
		March 31,			June 30,			September 30,			December 31,			March 31,			(Decrease) from
		2025			2025			2025			2025			2026⁽¹⁾				4Q25		1Q25
Assets
Cash and due from banks (including segregated cash and other deposits)		$	24,463		$	24,991		$	23,545		$	23,717		$	23,625			-		(3%)
Deposits with banks, net of allowance			283,868			312,482			324,515			325,862			362,097			11%		28%
Securities borrowed and purchased under agreements to resell, net of allowance			390,215			323,892			321,347			356,195			353,094			(1%)		(10%)
Brokerage receivables, net of allowance			57,440			64,029			75,992			62,679			91,720			46%		60%
Trading account assets			518,577			568,558			562,254			537,139			593,473			10%		14%
Investments
Available-for-sale debt securities			225,180			235,802			246,227			246,720			257,822			4%		14%
Held-to-maturity debt securities, net of allowance			220,385			206,094			197,092			189,831			178,503			(6%)		(19%)
Equity securities			7,323			7,504			7,413			7,678			7,839			2%		7%
Total investments			452,888			449,400			450,732			444,229			444,164			-		(2%)
Loans
Consumer⁽²⁾			386,312			395,759			398,628			408,533			402,391			(2%)		4%
Corporate⁽³⁾			315,744			329,586			335,277			343,697			359,225			5%		14%
Loans, net of unearned income			702,056			725,345			733,905			752,230			761,616			1%		8%
Allowance for credit losses on loans (ACLL)			(18,726)			(19,123)			(19,206)			(19,247)			(19,636)			(2%)		(5%)
Total loans, net			683,330			706,222			714,699			732,983			741,980			1%		9%
Goodwill			19,422			19,878			19,126			19,098			18,997			(1%)		(2%)
Intangible assets (including MSRs)			4,430			4,409			4,330			4,284			4,305			-		(3%)
Premises and equipment, net of depreciation and amortization			30,814			32,312			32,819			33,339			33,574			1%		9%
Other assets, net of allowance			106,067			116,599			113,116			117,677			110,658			(6%)		4%
Total assets		$	2,571,514		$	2,622,772		$	2,642,475		$	2,657,202		$	2,777,687			5%		8%

Liabilities
Non-interest-bearing deposits in U.S. offices		$	122,472		$	119,898		$	116,921		$	121,610		$	122,083			-		-
Interest-bearing deposits in U.S. offices			562,628			575,709			592,728			613,052			634,812			4%		13%
Total U.S. deposits			685,100			695,607			709,649			734,662			756,895			3%		10%
Non-interest-bearing deposits in offices outside the U.S.			82,215			86,458			83,920			87,041			86,004			(1%)		5%
Interest-bearing deposits in offices outside the U.S.			549,095			575,668			590,360			581,870			603,341			4%		10%
Total international deposits			631,310			662,126			674,280			668,911			689,345			3%		9%

Total deposits			1,316,410			1,357,733			1,383,929			1,403,573			1,446,240			3%		10%
Securities loaned and sold under agreements to repurchase			403,959			347,913			349,726			348,098			369,585			6%		(9%)
Brokerage payables			78,302			90,949			89,596			74,836			111,224			49%		42%
Trading account liabilities			148,688			163,952			160,243			162,798			185,266			14%		25%
Short-term borrowings			49,139			55,560			54,760			51,878			72,056			39%		47%
Long-term debt			295,684			317,761			315,846			315,827			307,566			(3%)		4%
Other liabilities, plus allowances⁽⁴⁾			66,074			74,774			74,498			86,370			73,178			(15%)		11%
Total liabilities		$	2,358,256		$	2,408,642		$	2,428,598		$	2,443,380		$	2,565,115			5%		9%

Stockholders’ equity
Preferred stock		$	18,350		$	16,350		$	19,050		$	20,050		$	19,550			(2%)		7%
Common stock			31			31			31			31			31			-		-
Additional paid-in capital			108,616			108,839			109,010			108,452			107,821			(1%)		(1%)
Retained earnings			209,013			211,674			214,034			215,128			219,542			2%		5%
Treasury stock, at cost			(77,880)			(79,886)			(84,932)			(89,473)			(95,370)			(7%)		(22%)
Accumulated other comprehensive income (loss) (AOCI)			(45,722)			(43,786)			(44,170)			(41,897)			(40,615)			3%		11%
Total common equity		$	194,058		$	196,872		$	193,973		$	192,241		$	191,409			-		(1%)

Total Citigroup stockholders’ equity		$	212,408		$	213,222		$	213,023		$	212,291		$	210,959			(1%)		(1%)
Noncontrolling interests			850			908			854			1,531			1,613			5%		90%
Total equity			213,258			214,130			213,877			213,822			212,572			(1%)		-
Total liabilities and equity		$	2,571,514		$	2,622,772		$	2,642,475		$	2,657,202		$	2,777,687			5%		8%

(1)	March 31, 2026 is preliminary.

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

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

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

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

Page 3

SEGMENT NET REVENUES AND INCOME (LOSS)

(In millions of dollars)

																	1Q26 Increase/
		1Q			2Q			3Q			4Q			1Q			(Decrease) from
		2025			2025			2025			2025			2026				4Q25		1Q25
Revenues, net of interest expense
Services		$	5,204		$	5,430		$	5,730		$	6,272		$	6,103			(3%)		17%
Markets			6,075			5,980			5,745			4,609			7,246			57%		19%
Banking			1,530			1,434			1,647			1,773			1,767			-		15%
Wealth			2,757			2,814			2,839			2,862			3,065			7%		11%
U.S. Consumer Cards (USCC)			4,567			4,471			4,656			4,564			4,757			4%		4%
All Other—managed basis⁽¹⁾⁽²⁾			1,463			1,716			1,471			(208)			1,682			NM		15%
Reconciling Items—divestiture-related impacts⁽³⁾			-			(177)			2			(1)			13			NM		NM
Total net revenues—reported		$	21,596		$	21,668		$	22,090		$	19,871		$	24,633			24%		14%

Income (loss) from continuing operations
Services		$	1,849		$	1,728		$	2,098		$	2,512		$	2,242			(11%)		21%
Markets			1,862			1,824			1,723			856			2,629			207%		41%
Banking			222			91			267			355			304			(14%)		37%
Wealth			191			385			303			299			432			44%		126%
USCC			838			758			929			884			732			(17%)		(13%)
All Other—managed basis⁽¹⁾⁽²⁾			(839)			(573)			(752)			(2,273)			(388)			83%		54%
Reconciling Items—divestiture-related impacts⁽³⁾			(15)			(180)			(777)			(110)			(12)			89%		20%

Income (loss) from continuing operations—reported			4,108			4,033			3,791			2,523			5,939			135%		45%

Discontinued operations			(1)			-			(1)			(1)			(1)			-		-

Net income (loss) attributable to noncontrolling interests			43			14			38			51			153			200%		256%

Net income (loss)		$	4,064		$	4,019		$	3,752		$	2,471		$	5,785			134%		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)

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


Net interest income (including dividends)	$	3,498	$	3,630	$	3,823	$	4,050	$	4,143		2%		18%
Fee revenue
Commissions and fees		815		904		880		879		909		3%		12%
Administration and other fiduciary fees		658		752		746		751		763		2%		16%
Total fee revenue		1,473		1,656		1,626		1,630		1,672		3%		14%
Principal transactions		233		124		190		257		263		2%		13%
All other		-		20		91		335		25		(93%)		NM
Total non-interest revenue		1,706		1,800		1,907		2,222		1,960		(12%)		15%

Total revenues, net of interest expense		5,204		5,430		5,730		6,272		6,103		(3%)		17%

Total operating expenses		2,584		2,679		2,707		2,843		2,935		3%		14%

Net credit losses (recoveries) on loans		6		20		11		19		3		(84%)		(50%)
Credit reserve build (release) for loans		24		53		(4)		(18)		97		NM		304%
Provision (release) for credit losses on unfunded lending commitments		(6)		(6)		(8)		3		(11)		NM		(83%)
Provisions for credit losses for other assets and HTM debt securities		27		286		62		(15)		5		NM		(81%)
Provision for credit losses		51		353		61		(11)		94		NM		84%
Income from continuing operations before taxes		2,569		2,398		2,962		3,440		3,074		(11%)		20%
Income taxes		720		670		864		928		832		(10%)		16%
Income from continuing operations		1,849		1,728		2,098		2,512		2,242		(11%)		21%
Noncontrolling interests		15		16		17		16		14		(13%)		(7%)
Net income	$	1,834	$	1,712	$	2,081	$	2,496	$	2,228		(11%)		21%
EOP assets (in billions)	$	589	$	618	$	627	$	628	$	649		3%		10%
Average assets (in billions)		578		593		616		630		637		1%		10%
Efficiency ratio		50%		49%		47%		45%		48%		300 bps		(200) bps
Average allocated TCE (in billions)⁽¹⁾	$	33.0	$	33.0	$	33.0	$	33.0	$	33.5		2%		2%
RoTCE⁽¹⁾		22.5%		20.8%		25.0%		30.0%		27.0%		(300) bps		450 bps

Revenue by line of business
Net interest income	$	2,865	$	2,949	$	3,121	$	3,303	$	3,424		4%		20%
Non-interest revenue		1,064		1,063		1,099		1,182		1,192		1%		12%
Treasury and Trade Solutions (TTS)		3,929		4,012		4,220		4,485		4,616		3%		17%
Net interest income		633		681		702		747		719		(4%)		14%
Non-interest revenue		642		737		808		1,040		768		(26%)		20%
Securities Services		1,275		1,418		1,510		1,787		1,487		(17%)		17%
Total Services	$	5,204	$	5,430	$	5,730	$	6,272	$	6,103		(3%)		17%

Revenue by managed geography
North America	$	1,549	$	1,660	$	1,759	$	1,939	$	1,976		2%		28%
International		3,655		3,770		3,971		4,333		4,127		(5%)		13%
Total	$	5,204	$	5,430	$	5,730	$	6,272	$	6,103		(3%)		17%

Key drivers⁽²⁾(in billions of dollars, except as otherwise noted)
Average loans by line of business
TTS	$	86	$	93	$	93	$	95	$	97		2%		13%
Securities Services		1		1		1		1		2		100%		100%
Total	$	87	$	94	$	94	$	96	$	99		3%		14%

ACLL as a % of EOP loans⁽³⁾		0.30%		0.36%		0.35%		0.33%		0.42%		9 bps		12 bps
NCLs as a % of average loans		0.03%		0.09%		0.05%		0.08%		0.01%		(7) bps		(2) bps

Average deposits by line of business
TTS	$	690	$	713	$	744	$	780	$	812		4%		18%
Securities Services		136		144		149		155		149		(4%)		10%
Total	$	826	$	857	$	893	$	935	$	961		3%		16%

AUC/AUA (in trillions of dollars)⁽⁴⁾	$	26.1	$	28.2	$	29.7	$	31.4	$	31.6		1%		21%
Cross-border transaction value⁽⁵⁾	$	95.1	$	101.3	$	104.8	$	115.2	$	106.3		(8%)		12%
U.S. dollar clearing volume (in millions)⁽⁶⁾		42.7		44.3		44.8		45.3		43.9		(3%)		3%
Commercial card spend volume	$	17.2	$	17.9	$	18.4	$	17.7	$	18.6		5%		8%

(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)	March 31, 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)


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


Net interest income (including dividends)	$	1,924	$	2,824	$	2,178	$	2,761	$	2,797		1%		45%
Fee revenue
Brokerage and fees		400		399		400		364		478		31%		20%
Investment banking fees⁽¹⁾		135		106		163		120		120		-		(11%)
Other⁽²⁾		52		51		63		57		55		(4%)		6%
Total fee revenue		587		556		626		541		653		21%		11%

Principal transactions		3,285		2,302		2,737		1,155		3,542		207%		8%
All other		279		298		204		152		254		67%		(9%)
Total non-interest revenue		4,151		3,156		3,567		1,848		4,449		141%		7%

Total revenues, net of interest expense		6,075		5,980		5,745		4,609		7,246		57%		19%

Total operating expenses		3,466		3,508		3,490		3,608		3,835		6%		11%

Net credit losses (recoveries) on loans		142		8		68		(12)		(3)		75%		NM
Credit reserve build (release) for loans		48		53		(44)		(73)		23		NM		(52%)
Provision (release) for credit losses on unfunded lending commitments		9		(8)		13		(7)		(23)		(229%)		NM
Provisions for credit losses for other assets and HTM debt securities		2		55		(5)		(12)		(12)		-		NM
Provision for credit losses		201		108		32		(104)		(15)		86%		NM
Income (loss) from continuing operations before taxes		2,408		2,364		2,223		1,105		3,426		210%		42%
Income taxes (benefits)		546		540		500		249		797		220%		46%
Income (loss) from continuing operations		1,862		1,824		1,723		856		2,629		207%		41%
Noncontrolling interests		13		21		21		18		34		89%		162%
Net income (loss)	$	1,849	$	1,803	$	1,702	$	838	$	2,595		210%		40%
EOP assets (in billions)	$	1,162	$	1,164	$	1,179	$	1,185	$	1,280		8%		10%
Average assets (in billions)		1,118		1,219		1,229		1,247		1,325		6%		19%
Efficiency ratio		57%		59%		61%		78%		53%		(2,500) bps		(400) bps
Average allocated TCE (in billions)⁽³⁾	$	53.5	$	53.5	$	53.5	$	53.5	$	56.4		5%		5%
RoTCE⁽³⁾		14.0%		13.5%		12.6%		6.2%		18.7%		1,250 bps		470 bps

Revenue by line of business
Fixed Income Markets	$	4,578	$	4,388	$	4,225	$	3,554	$	5,166		45%		13%
Equity Markets		1,497		1,592		1,520		1,055		2,080		97%		39%
Total	$	6,075	$	5,980	$	5,745	$	4,609	$	7,246		57%		19%

Rates and Currencies	$	3,116	$	3,221	$	2,963	$	2,449	$	3,311		35%		6%
Spread Products / Other Fixed Income		1,462		1,167		1,262		1,105		1,855		68%		27%
Total Fixed Income Markets revenues	$	4,578	$	4,388	$	4,225	$	3,554	$	5,166		45%		13%

Revenue by managed geography
North America	$	2,169	$	2,124	$	2,270	$	1,826	$	2,559		40%		18%
International		3,906		3,856		3,475		2,783		4,687		68%		20%
Total	$	6,075	$	5,980	$	5,745	$	4,609	$	7,246		57%		19%

Key drivers⁽⁴⁾(in billions of dollars)
Average loans	$	128	$	136	$	147	$	152	$	162		7%		27%
NCLs (annualized) as a % of average loans		0.45%		0.02%		0.18%		(0.03%)		(0.01%)		2 bps		(46) bps
ACLL as a % of EOP loans⁽⁵⁾		0.89%		0.85%		0.78%		0.67%		0.67%		0 bps		(22) bps
Average trading account assets	$	474	$	547	$	555	$	556	$	573		3%		21%

(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)


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

Net interest income (including dividends)	$	491	$	530	$	562	$	549	$	587		7%		20%

Fee revenue
Investment banking fees⁽¹⁾		1,104		1,058		1,169		1,287		1,232		(4%)		12%
Other⁽²⁾		49		59		65		60		64		7%		31%
Total fee revenue		1,153		1,117		1,234		1,347		1,296		(4%)		12%
Principal transactions		(90)		(179)		(164)		(119)		(38)		68%		58%
All other		(24)		(34)		15		(4)		(78)		NM		(225%)
Total non-interest revenue		1,039		904		1,085		1,224		1,180		(4%)		14%

Total revenues, net of interest expense		1,530		1,434		1,647		1,773		1,767		-		15%

Total operating expenses		1,034		1,137		1,139		1,152		1,240		8%		20%

Net credit losses on loans		34		16		9		25		6		(76%)		(82%)
Credit reserve build (release) for loans		78		137		38		136		175		29%		124%
Provision (release) for credit losses on unfunded lending commitments		107		2		98		14		(51)		NM		NM
Provisions for credit losses for other assets and HTM debt securities		(5)		18		12		1		2		100%		NM
Provision for credit losses		214		173		157		176		132		(25%)		(38%)
Income (loss) from continuing operations before taxes		282		124		351		445		395		(11%)		40%
Income taxes (benefits)		60		33		84		90		91		1%		52%
Income (loss) from continuing operations		222		91		267		355		304		(14%)		37%
Noncontrolling interests		(1)		(2)		(3)		1		-		(100%)		100%
Net income (loss)	$	223	$	93	$	270	$	354	$	304		(14%)		36%
EOP assets (in billions)	$	147	$	148	$	141	$	140	$	154		10%		5%
Average assets (in billions)		144		150		149		146		154		5%		7%
Efficiency ratio		68%		79%		69%		65%		70%		500 bps		200 bps
Average allocated TCE (in billions)⁽³⁾	$	9.2	$	9.2	$	9.2	$	9.2	$	7.8		(15%)		(15%)
RoTCE⁽³⁾		9.8%		4.1%		11.6%		15.3%		15.8%		50 bps		600 bps

Revenue by line of business
Total Investment Banking	$	1,114	$	1,073	$	1,238	$	1,356	$	1,326		(2%)		19%
Corporate Lending (excluding gain (loss) on loan hedges)⁽⁴⁾		402		423		453		443		391		(12%)		(3%)
Total Banking revenues (ex-gain (loss) on loan hedges)⁽⁴⁾		1,516		1,496		1,691		1,799		1,717		(5%)		13%
Gain (loss) on loan hedges⁽⁴⁾		14		(62)		(44)		(26)		50		NM		257%
Total Banking revenues including gain (loss) on loan hedges⁽⁴⁾	$	1,530	$	1,434	$	1,647	$	1,773	$	1,767		-		15%

Business metrics—investment banking fees
Advisory	$	424	$	408	$	427	$	649	$	505		(22%)		19%
Equity underwriting (Equity Capital Markets (ECM))		127		218		174		180		208		16%		64%
Debt underwriting (Debt Capital Markets (DCM))		553		432		568		458		519		13%		(6%)
Total	$	1,104	$	1,058	$	1,169	$	1,287	$	1,232		(4%)		12%

Revenue by managed geography
North America	$	874	$	648	$	862	$	1,023	$	1,109		8%		27%
International		656		786		785		750		658		(12%)		-
Total	$	1,530	$	1,434	$	1,647	$	1,773	$	1,767		-		15%

Key drivers⁽⁵⁾(in billions of dollars)
Average loans	$	82	$	84	$	81	$	79	$	83		5%		1%
NCLs (annualized) as a % of average loans		0.17%		0.08%		0.04%		0.13%		0.03%		(10) bps		(14) bps
ACLL as a % of EOP loans⁽⁶⁾		1.54%		1.72%		1.83%		2.04%		2.06%		2 bps		52 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)	Management uses this information in reviewing the segment’s results and believes it is useful to investors concerning underlying segment performance and trends.

(6)	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)


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

Net interest income	$	1,831	$	1,831	$	1,902	$	2,018	$	2,095		4%		14%
Fee revenue
Commissions and fees		484		454		494		465		543		17%		12%
Other⁽¹⁾		247		246		232		238		207		(13%)		(16%)
Total fee revenue		731		700		726		703		750		7%		3%
All other⁽²⁾		195		283		211		141		220		56%		13%
Total non-interest revenue		926		983		937		844		970		15%		5%

Total revenues, net of interest expense		2,757		2,814		2,839		2,862		3,065		7%		11%

Total operating expenses		2,390		2,313		2,375		2,377		2,415		2%		1%

Net credit losses on loans		67		73		91		80		88		10%		31%
Credit reserve build (release) for loans		64		(65)		(16)		6		13		117%		(80%)
Provision (release) for credit losses on unfunded lending commitments		(1)		(1)		(1)		1		-		(100%)		100%
Provisions for benefits and claims (PBC), and other assets		(4)		-		(1)		-		-		-		100%
Provisions for credit losses and for PBC		126		7		73		87		101		16%		(20%)
Income from continuing operations before taxes		241		494		391		398		549		38%		128%
Income taxes		50		109		88		99		117		18%		134%
Income from continuing operations		191		385		303		299		432		44%		126%
Noncontrolling interests		-		-		-		-		-		-		-
Net income	$	191	$	385	$	303	$	299	$	432		44%		126%
EOP assets (in billions)	$	301	$	308	$	313	$	316	$	320		1%		6%
Average assets (in billions)		301		305		315		325		321		(1%)		7%
Efficiency ratio		87%		82%		84%		83%		79%		(400) bps		(800) bps
Average allocated TCE (in billions)⁽³⁾	$	15.4	$	15.4	$	15.4	$	15.4	$	16.2		5%		5%
RoTCE⁽³⁾		5.0%		10.0%		7.8%		7.7%		10.8%		310 bps		580 bps

Revenue by line of business
Citigold and Retail Banking	$	1,825	$	1,862	$	1,969	$	2,010	$	2,062		3%		13%
Private Bank		664		731		656		625		757		21%		14%
Wealth at Work		268		221		214		227		246		8%		(8%)
Total	$	2,757	$	2,814	$	2,839	$	2,862	$	3,065		7%		11%

Revenue by managed geography
North America	$	1,734	$	1,729	$	1,741	$	1,825	$	1,893		4%		9%
International		1,023		1,085		1,098		1,037		1,172		13%		15%
Total	$	2,757	$	2,814	$	2,839	$	2,862	$	3,065		7%		11%

Key drivers⁽⁴⁾(in billions of dollars)

EOP client balances
Client investment assets^(5)(6)(7)	$	595	$	635	$	660	$	670	$	676		1%		14%
Deposits		401		400		408		413		418		1%		4%
Loans		196		200		202		204		205		-		5%
Total	$	1,192	$	1,235	$	1,270	$	1,287	$	1,299		1%		9%

Net new investment assets (NNIA)⁽⁷⁾⁽⁸⁾	$	16.5	$	2.0	$	18.6	$	7.2	$	14.7		104%		(11%)

Average deposits		399		398		405		407		414		2%		4%
Average loans		194		197		201		203		205		1%		6%
ACLL as a % of EOP loans⁽⁹⁾		0.38%		0.34%		0.33%		0.33%		0.33%		0 bps		(5) bps
NCLs (annualized) as a % of average loans		0.14%		0.15%		0.18%		0.16%		0.17%		1 bps		3 bps
U.S. Retail Banking branches (actual)		644		650		653		655		655		-		2%

(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)	March 31, 2026 is preliminary.

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

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

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

Page 8

U.S. CONSUMER CARDS (USCC)

(In millions of dollars, except as otherwise noted)


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

Net interest income	$	4,984	$	4,918	$	5,124	$	5,143	$	5,116		(1%)		3%
Fee revenue
Interchange fees⁽¹⁾		2,285		2,459		2,448		2,526		2,404		(5%)		5%
Card rewards and partner payments		(2,821)		(3,008)		(3,031)		(3,215)		(2,897)		10%		(3%)
Other⁽¹⁾		96		103		114		114		112		(2%)		17%
Total fee revenue		(440)		(446)		(469)		(575)		(381)		34%		13%
All other⁽²⁾		23		(1)		1		(4)		22		NM		(4%)
Total non-interest revenue		(417)		(447)		(468)		(579)		(359)		38%		14%

Total revenues, net of interest expense		4,567		4,471		4,656		4,564		4,757		4%		4%

Total operating expenses		1,691		1,626		1,644		1,794		1,711		(5%)		1%

Net credit losses on loans		1,954		1,856		1,741		1,739		1,742		-		(11%)
Credit reserve build (release) for loans		(174)		(5)		55		(117)		76		NM		NM
Provision (release) for credit losses on unfunded lending commitments⁽³⁾.		-		-		-		-		272		NM		NM
Provisions for benefits and claims (PBC), and other assets		3		1		3		2		2		-		(33%)
Provisions for credit losses and for PBC		1,783		1,852		1,799		1,624		2,092		29%		17%
Income from continuing operations before taxes		1,093		993		1,213		1,146		954		(17%)		(13%)
Income taxes		255		235		284		262		222		(15%)		(13%)
Income from continuing operations		838		758		929		884		732		(17%)		(13%)
Noncontrolling interests		-		-		-		-		-		-		-
Net income	$	838	$	758	$	929	$	884	$	732		(17%)		(13%)
EOP assets (in billions)	$	167	$	171	$	171	$	178	$	171		(4%)		2%
Average assets (in billions)		169		168		171		173		172		(1%)		2%
Efficiency ratio		37%		36%		35%		39%		36%		(300) bps		(100) bps
Average allocated TCE (in billions)⁽⁴⁾	$	20.3	$	20.3	$	20.3	$	20.3	$	15.5		(24%)		(24%)
RoTCE⁽⁴⁾		16.7%		15.0%		18.2%		17.3%		19.2%		190 bps		250 bps

Key drivers⁽⁵⁾(in billions)
Average loans	$	168	$	168	$	171	$	172	$	171		(1%)		2%
ACLL as a % of EOP loans		8.29%		8.08%		8.09%		7.74%		8.09%		35 bps		(20) bps
NCLs (annualized) as a % of average loans		4.72%		4.43%		4.05%		4.00%		4.12%		12 bps		(60) bps
Revenue rate⁽⁶⁾		11.02%		10.67%		10.80%		10.53%		11.28%		75 bps		26 bps
NII⁽⁷⁾(annualized) as a % of average loans		12.03%		11.74%		11.89%		11.86%		12.13%		27 bps		10 bps

(1)	Primarily includes credit card-related fees.

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

(3)	1Q26 includes a reserve build related to the forward purchase commitment of the Barclays American Airlines co-branded card portfolio.

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

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

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

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

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

Page 9

USCC

Metrics


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

New credit cards account acquisitions (in thousands)
General Purpose Credit Cards (GPCC)⁽²⁾		1,696		1,704		1,872		2,115		1,899		(10%)		12%
Private Label Credit Cards (PLCC)⁽³⁾		1,144		1,551		1,339		1,572		1,043		(34%)		(9%)
Credit card spend volume
GPCC	$	133.2	$	144.8	$	144.5	$	152.4	$	141.5		(7%)		6%
PLCC		10.9		13.9		12.6		13.9		10.5		(24%)		(4%)
Average loans⁽⁴⁾
GPCC	$	133.6	$	134.4	$	136.8	$	138.6	$	138.6		-		4%
PLCC		30.6		30.1		30.0		29.8		28.9		(3%)		(6%)
Installment Lending		3.8		3.7		3.7		3.9		3.8		(3%)		-
EOP loans⁽⁴⁾
GPCC	$	132.9	$	136.8	$	137.7	$	143.2	$	138.7		(3%)		4%
PLCC		29.9		30.4		29.8		30.5		28.3		(7%)		(5%)
Installment Lending		3.7		3.7		3.8		3.8		3.8		-		3%
NCLs as a % of average loans
GPCC		4.45%		4.20%		3.85%		3.78%		3.87%		9 bps		(58) bps
PLCC		5.71%		5.18%		4.67%		4.77%		5.05%		28 bps		(66) bps
Installment Lending		6.19%		6.29%		6.43%		6.00%		6.19%		19 bps		0 bps
Loans 90+ days past due as a % of EOP loans
GPCC		1.42%		1.30%		1.27%		1.32%		1.39%		7 bps		(3) bps
PLCC		2.23%		2.00%		2.08%		2.13%		2.15%		2 bps		(8) bps
Installment Lending		0.49%		0.57%		0.58%		0.58%		0.55%		(3) bps		6 bps
Loans 30-89 days past due as a % of EOP loans
GPCC		1.21%		1.12%		1.21%		1.23%		1.20%		(3) bps		(1) bps
PLCC		2.04%		1.89%		2.07%		1.99%		1.98%		(1) bps		(6) bps
Installment Lending		1.41%		1.35%		1.26%		1.37%		1.42%		5 bps		1 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)	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.

(3)	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.

(4)	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)


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

Net interest income	$	1,284	$	1,442	$	1,351	$	1,144	$	1,003		(12%)		(22%)
Non-interest revenue⁽⁴⁾⁽⁵⁾		179		274		120		(1,352)		679		NM		279%
Total revenues, net of interest expense		1,463		1,716		1,471		(208)		1,682		NM		15%

Total operating expenses^{(5)(6)(7)(8)(9)}		2,226		2,277		2,169		2,026		2,144		6%		(4%)

Net credit losses on loans		256		256		297		341		371		9%		45%
Credit reserve build (release) for loans		73		70		16		75		13		(83%)		(82%)
Provision (release) for credit losses on unfunded lending commitments		(1)		(6)		(6)		2		(3)		NM		(200%)
Provisions for benefits and claims (PBC), other assets and HTM debt securities		31		54		24		31		19		(39%)		(39%)
Provisions for credit losses and for PBC		359		374		331		449		400		(11%)		11%
Income (loss) from continuing operations before taxes		(1,122)		(935)		(1,029)		(2,683)		(862)		68%		23%
Income taxes (benefits)		(283)		(362)		(277)		(410)		(474)		(16%)		(67%)
Income (loss) from continuing operations		(839)		(573)		(752)		(2,273)		(388)		83%		54%
Income (loss) from discontinued operations, net of taxes		(1)		-		(1)		(1)		(1)		-		-
Noncontrolling interests		16		(21)		3		16		105		NM		NM
Net income (loss)	$	(856)	$	(552)	$	(756)	$	(2,290)	$	(494)		78%		42%
EOP assets (in billions)	$	206	$	214	$	211	$	210	$	204		(3%)		(1%)
Average assets (in billions)		207		213		209		202		208		3%		-
Efficiency ratio		152%		133%		147%		(974%)		127%		NM		NM
Average allocated TCE (in billions)⁽¹⁰⁾	$	37.9	$	40.7	$	40.9	$	39.0	$	39.8		2%		5%

Revenue by line of business
Mexico Consumer/SBMM	$	1,467	$	1,536	$	1,722	$	1,775	$	2,054		16%		40%
Asia Consumer^(4)(11)		135		155		149		(1,434)		105		NM		(22%)
Legacy Holdings Assets (LHA)		19		-		-		(12)		2		NM		(89%)
Corporate/Other		(158)		25		(400)		(537)		(479)		11%		(203%)
Total	$	1,463	$	1,716	$	1,471	$	(208)	$	1,682		NM		15%

Mexico Consumer/SBMM—key indicators(in billions of dollars)
EOP loans	$	24.1	$	26.8	$	28.5	$	30.0	$	30.6		2%		27%
EOP deposits		35.3		38.4		40.6		43.8		43.8		-		24%
Average loans		23.7		25.5		27.2		29.2		30.7		5%		30%
NCLs as a % of average loans (Mexico Consumer only)		5.51%		5.28%		5.46%		5.91%		6.37%		46 bps		86 bps
Loans 90+ days past due as a % of EOP loans (Mexico Consumer only)		1.41%		1.58%		1.60%		1.72%		1.71%		(1) bps		30 bps
Loans 30-89 days past due as a % of EOP loans (Mexico Consumer only)		1.46%		1.52%		1.58%		1.59%		1.64%		5 bps		18 bps

Asia Consumer—key indicators(in billions of dollars)^(12)(13)
EOP loans	$	4.5	$	3.0	$	2.7	$	2.5	$	2.2		(12%)		(51%)
EOP deposits		7.4		1.5		1.3		1.1		0.9		(18%)		(88%)
Average loans		4.7		4.0		2.8		2.6		2.4		(8%)		(49%)

Legacy Holdings Assets—key indicators(in billions of dollars)
EOP loans	$	2.2	$	2.1	$	1.8	$	1.8	$	1.7		(6%)		(23%)

(1)

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

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

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

(4)

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

(5)	See footnote 2 on page 14.

(6)	See footnote 3 on page 14.

(7)	See footnote 4 on page 14.

(8)	See footnote 5 on page 14.

(9)	See footnote 6 on page 14.

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

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

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

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

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

Page 11

ALL OTHER—MANAGED BASIS⁽¹⁾⁽²⁾

Legacy Franchises⁽³⁾

(In millions of dollars, except as otherwise noted)

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

Net interest income	$	1,167	$	1,271	$	1,338	$	1,379	$	1,479		7%		27%
Non-interest revenue⁽⁴⁾⁽⁵⁾		454		420		533		(1,050)		682		NM		50%
Total revenues, net of interest expense		1,621		1,691		1,871		329		2,161		NM		33%
Total operating expenses^{(5)(6)(7)(8)(9)}		1,334		1,287		1,320		1,222		1,324		8%		(1%)
Net credit losses on loans		256		256		297		341		371		9%		45%
Credit reserve build (release) for loans		73		70		16		75		13		(83%)		(82%)
Provision (release) for credit losses on unfunded lending commitments		(1)		(6)		(6)		2		(3)		NM		(200%)
Provisions for benefits and claims (PBC), other assets and HTM debt securities		30		51		20		29		28		(3%)		(7%)
Provisions for credit losses and for PBC		358		371		327		447		409		(9%)		14%
Income (loss) from continuing operations before taxes		(71)		33		224		(1,340)		428		NM		NM
Income taxes (benefits)		(25)		(5)		66		147		137		(7%)		NM
Income (loss) from continuing operations		(46)		38		158		(1,487)		291		NM		NM
Noncontrolling interests		14		(22)		3		9		114		NM		NM
Net income (loss)	$	(60)	$	60	$	155	$	(1,496)	$	177		NM		NM
EOP assets (in billions)	$	77	$	83	$	86	$	86	$	87		1%		13%
Average assets (in billions)		77		81		85		87		88		1%		14%
Efficiency ratio		82%		76%		71%		371%		61%		NM		NM
Average allocated TCE (in billions)⁽¹⁰⁾	$	5.1	$	5.1	$	5.1	$	5.1	$	5.7		12%		12%

Revenue by line of business
Mexico Consumer/SBMM⁽³⁾	$	1,467	$	1,536	$	1,722	$	1,775	$	2,054		16%		40%
Asia Consumer^(4)(11)		135		155		149		(1,434)		105		NM		(22%)
Legacy Holdings Assets (LHA)		19		-		-		(12)		2		NM		(89%)
Total	$	1,621	$	1,691	$	1,871	$	329	$	2,161		NM		33%

Mexico Consumer/SBMM⁽³⁾—key indicators(in billions of dollars)
EOP loans	$	24.1	$	26.8	$	28.5	$	30.0	$	30.6		2%		27%
EOP deposits		35.3		38.4		40.6		43.8		43.8		-		24%
Average loans		23.7		25.5		27.2		29.2		30.7		5%		30%
NCLs as a % of average loans (Mexico Consumer only)		5.51%		5.28%		5.46%		5.91%		6.37%		46 bps		86 bps
Loans 90+ days past due as a % of EOP loans (Mexico Consumer only)		1.41%		1.58%		1.60%		1.72%		1.71%		(1) bps		30 bps
Loans 30-89 days past due as a % of EOP loans (Mexico Consumer only)		1.46%		1.52%		1.58%		1.59%		1.64%		5 bps		18 bps

Asia Consumer—key indicators(in billions of dollars)^(12)(13)
EOP loans	$	4.5	$	3.0	$	2.7	$	2.5	$	2.2		(12%)		(51%)
EOP deposits		7.4		1.5		1.3		1.1		0.9		(18%)		(88%)
Average loans		4.7		4.0		2.8		2.6		2.4		(8%)		(49%)

Legacy Holdings Assets—key indicators(in billions of dollars)
EOP loans	$	2.2	$	2.1	$	1.8	$	1.8	$	1.7		(6%)		(23%)

(1)

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

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

(3)

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

(4)

(5)	See footnote 2 on page 14.

(6)	See footnote 3 on page 14.

(7)	See footnote 4 on page 14.

(8)	See footnote 5 on page 14.

(9)	See footnote 6 on page 14.

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

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

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

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

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

Page 12

ALL OTHER

Corporate/Other⁽¹⁾

(In millions of dollars, except as otherwise noted)


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

Net interest income	$	117	$	171	$	13	$	(235)	$	(476)		(103%)		NM
Non-interest revenue		(275)		(146)		(413)		(302)		(3)		99%		99%

Total revenues, net of interest expense		(158)		25		(400)		(537)		(479)		11%		(203%)

Total operating expenses		892		990		849		804		820		2%		(8%)
Provisions for other assets, HTM debt securities and other		1		3		4		2		(9)		NM		NM
Income (loss) from continuing operations before taxes		(1,051)		(968)		(1,253)		(1,343)		(1,290)		4%		(23%)
Income taxes (benefits)		(258)		(357)		(343)		(557)		(611)		(10%)		(137%)
Income (loss) from continuing operations		(793)		(611)		(910)		(786)		(679)		14%		14%
Income (loss) from discontinued operations, net of taxes		(1)		-		(1)		(1)		(1)		-		-
Noncontrolling interests		2		1		-		7		(9)		NM		NM
Net income (loss)	$	(796)	$	(612)	$	(911)	$	(794)	$	(671)		15%		16%

EOP assets (in billions)	$	129	$	131	$	125	$	124	$	117		(6%)		(9%)
Average allocated TCE (in billions)⁽²⁾		32.8		35.6		35.8		33.9		34.1		1%		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)


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

Net interest income	$	-	$	-	$	-	$	-	$	-		-		-
Non-interest revenue⁽²⁾		-		(177)		2		(1)		13		NM		NM
Total revenues, net of interest expense		-		(177)		2		(1)		13		NM		NM
Total operating expenses^{(2)(3)(4)(5)(6)}		34		37		766		40		31		(23%)		(9%)
Net credit losses on loans		-		5		(3)		(2)		1		NM		NM
Credit reserve build (release) for loans		(11)		-		-		1		-		(100%)		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		(11)		5		(3)		(1)		1		NM		NM
Income (loss) from continuing operations before taxes		(23)		(219)		(761)		(40)		(19)		53%		17%
Income taxes (benefits)		(8)		(39)		16		70		(7)		NM		13%
Income (loss) from continuing operations		(15)		(180)		(777)		(110)		(12)		89%		20%
Income (loss) from discontinued operations, net of taxes		-		-		-		-		-		-		-
Noncontrolling interests		-		-		-		-		-		-		-
Net income (loss)	$	(15)	$	(180)	$	(777)	$	(110)	$	(12)		89%		20%

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

(2)

2Q25 includes (i) an approximate $186 million loss recorded in revenue (approximately $157 million after-tax) related to the announced sale of the Poland consumer banking business; and (ii) approximately $37 million in operating expenses (approximately $26 million after-tax) primarily related to separation costs in Mexico. For additional information, see Citi’s Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2025.

(3)

1Q25 includes approximately $34 million in operating expenses (approximately $23 million after-tax), largely related to separation costs in Mexico and severance costs in the Asia exit markets. For additional information, see Citi’s Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2025.

(4)

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.

(5)	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.

(6)	1Q26 includes approximately $31 million in operating expenses (approximately $23 million after-tax), primarily related to separation costs in Mexico.

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

Page 14

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

Taxable Equivalent Basis

(In millions of dollars, except as otherwise noted)


	Average Volumes						Interest						% Average Rate⁽⁴⁾


	1Q25		4Q25		1Q26⁽⁵⁾		1Q25		4Q25		1Q26⁽⁵⁾		1Q25		4Q25		1Q26⁽⁵⁾
Assets
Deposits with banks	$	280,566	$	333,848	$	344,971	$	3,001	$	3,190	$	3,194	4.34%		3.79%			3.75%
Securities borrowed and purchased under resale agreements⁽⁶⁾		362,140		364,353		394,172		6,291		7,047		6,681	7.05%		7.67%			6.87%
Trading account assets⁽⁷⁾		437,378		523,690		535,116		4,370		5,317		4,897	4.05%		4.03%			3.71%
Investments		459,354		447,982		443,526		4,175		4,192		4,028	3.69%		3.71%			3.68%

Consumer loans		386,690		401,451		403,807		9,758		10,121		9,977	10.23%		10.00%			10.02%
Corporate loans		304,047		335,263		351,398		4,985		5,286		5,269	6.65%		6.26%			6.08%
Total loans (net of unearned income)⁽⁸⁾		690,737		736,714		755,205		14,743		15,407		15,246	8.66%		8.30%			8.19%
Other interest-earning assets		75,982		96,860		123,549		1,112		1,521		1,496	5.94%		6.23%			4.91%
Total average interest-earning assets	$	2,306,157	$	2,503,447	$	2,596,539	$	33,692	$	36,674	$	35,542	5.92%		5.81%			5.55%

Liabilities
Deposits	$	1,103,768	$	1,218,253	$	1,236,277	$	8,438	$	8,680	$	8,253	3.10%		2.83%			2.71%
Securities loaned and sold under repurchase agreements⁽⁶⁾		372,193		384,902		412,607		6,256		7,101		6,598	6.82%		7.32%			6.49%
Trading account liabilities⁽⁷⁾		91,169		103,820		118,413		757		753		769	3.37%		2.88%			2.63%
Short-term borrowings and other interest-bearing liabilities		130,654		154,999		185,229		1,726		1,907		1,832	5.36%		4.88%			4.01%
Long-term debt⁽⁹⁾		175,021		186,846		184,573		2,477		2,543		2,320	5.74%		5.40%			5.10%
Total average interest-bearing liabilities	$	1,872,805	$	2,048,820	$	2,137,099	$	19,654	$	20,984	$	19,772	4.26%		4.06%			3.75%

Net interest income as a % of average interest-earning assets (NIM)⁽⁹⁾							$	14,038	$	15,690	$	15,770	2.47%		2.49%			2.46%

1Q26 increase (decrease) from:													(1)	bps	(3)	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 $26 million for 1Q25, $25 million for 4Q25 and $29 million for 1Q26.

(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)	March 31, 2026 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)

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

Corporate loans by region
North America	$	138.7	$	146.5	$	150.1	$	155.2	$	163.6		5%		18%
International		177.0		183.1		185.2		188.5		195.6		4%		11%
Total corporate loans	$	315.7	$	329.6	$	335.3	$	343.7	$	359.2		5%		14%

Corporate loans by segment and reporting unit
Services	$	98.0	$	96.4	$	99.4	$	99.5	$	101.5		2%		4%
Markets		129.8		144.3		149.7		159.4		165.2		4%		27%
Banking		81.4		81.9		78.8		77.2		84.6		10%		4%
All Other—Legacy Franchises—Mexico SBMM and AFG⁽³⁾		6.5		7.0		7.4		7.6		7.9		4%		22%
Total corporate loans	$	315.7	$	329.6	$	335.3	$	343.7	$	359.2		5%		14%

Wealth by region
North America	$	144.9	$	147.3	$	148.2	$	150.2	$	150.4		-		4%
International		50.6		52.7		53.5		54.1		54.6		1%		8%
Total	$	195.5	$	200.0	$	201.7	$	204.3	$	205.0		-		5%

USCC
GPCC	$	132.9	$	136.8	$	137.7	$	143.2	$	138.7		(3%)		4%
PLCC		29.9		30.4		29.8		30.5		28.3		(7%)		(5%)
Installment Lending		3.7		3.7		3.8		3.8		3.8		-		3%
Total	$	166.5	$	170.9	$	171.3	$	177.5	$	170.8		(4%)		3%

All Other—Consumer
Mexico Consumer	$	17.9	$	20.0	$	21.2	$	22.5	$	22.8		1%		27%
Asia Consumer⁽⁴⁾		4.5		3.0		2.7		2.5		2.2		(12%)		(51%)
Legacy Holdings Assets (LHA)		1.9		1.9		1.7		1.7		1.6		(6%)		(16%)
Total	$	24.3	$	24.9	$	25.6	$	26.7	$	26.6		-		9%

Total consumer loans	$	386.3	$	395.8	$	398.6	$	408.5	$	402.4		(2%)		4%

Total loans—EOP	$	702.1	$	725.3	$	733.9	$	752.2	$	761.6		1%		8%

Total loans—average	$	690.7	$	712.2	$	725.0	$	736.7	$	755.2		3%		9%

NCLs as a % of total average loans		1.44%		1.26%		1.21%		1.18%		1.19%		1 bps		(25) bps

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

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

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

(4)	Asia Consumer also includes loans in Poland (through 1Q25) and Russia.

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

Page 16

END-OF-PERIOD DEPOSITS

(In billions of dollars)

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

Services, Markets, and Banking by region (institutional)
North America	$	406.3	$	414.4	$	428.3	$	452.9	$	478.5		6%		18%
International		444.4		477.2		483.1		481.3		499.3		4%		12%
Total	$	850.7	$	891.6	$	911.4	$	934.2	$	977.8		5%		15%

Treasury and Trade Solutions	$	692.1	$	726.4	$	740.0	$	779.4	$	804.5		3%		16%
Securities Services		140.9		148.1		151.3		138.4		155.2		12%		10%
Services	$	833.0	$	874.5	$	891.3	$	917.8	$	959.7		5%		15%
Markets		17.2		16.7		19.3		16.0		17.7		11%		3%
Banking		0.5		0.4		0.8		0.4		0.4		-		(20%)
Total	$	850.7	$	891.6	$	911.4	$	934.2	$	977.8		5%		15%

Wealth
North America	$	278.7	$	277.3	$	278.5	$	285.6	$	285.8		-		3%
International		122.4		123.1		129.2		126.9		132.1		4%		8%
Total	$	401.1	$	400.4	$	407.7	$	412.5	$	417.9		1%		4%

All Other
Legacy Franchises
Mexico Consumer	$	25.6	$	28.5	$	29.7	$	33.3	$	32.6		(2%)		27%
Mexico SBMM—corporate		9.7		9.9		10.9		10.5		11.2		7%		15%
Asia Consumer⁽¹⁾		7.4		1.5		1.3		1.1		0.9		(18%)		(88%)
Legacy Holdings Assets (LHA)⁽²⁾		0.1		0.1		0.1		0.1		0.1		-		-
Corporate/Other		21.8		25.7		22.8		11.9		5.7		(52%)		(74%)
Total	$	64.6	$	65.7	$	64.8	$	56.9	$	50.5		(11%)		(22%)

Total deposits—EOP	$	1,316.4	$	1,357.7	$	1,383.9	$	1,403.6	$	1,446.2		3%		10%

Total deposits—average	$	1,305.0	$	1,342.8	$	1,382.2	$	1,422.3	$	1,446.4		2%		11%

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

(2)	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		FX/Other⁽¹⁾		3/31/26		3/31/26

Allowance for credit losses on loans (ACLL)
Services	$	264	$	24	$	53	$	(4)	$	(18)		$	55	$	8	$	327	$	97	$	1	$	425
Markets		1,030		48		53		(44)		(73)			(16)		13		1,027		23		(6)		1,044
Banking		1,167		78		137		38		136			389		22		1,578		175		(11)		1,742
Legacy Franchises corporate(Mexico SBMM and AFG⁽²⁾)		95		4		16		(12)		6			14		12		121		4		3		128

Total corporate ACLL	$	2,556	$	154	$	259	$	(22)	$	51		$	442	$	55	$	3,053	$	299	$	(13)	$	3,339		0.95%
U.S. Cards	$	13,560	$	(169)	$	(12)	$	44	$	(102)		$	(239)	$	3	$	13,324	$	78	$	(2)	$	13,400		8.02%
Installment lending		425		(5)		7		11		(15)			(2)		(1)		422		(2)		-		420
Total USCC	$	13,985	$	(174)	$	(5)	$	55	$	(117)		$	(241)	$	2	$	13,746	$	76	$	(2)	$	13,820
Wealth		673		64		(65)		(16)		6			(11)		7		669		13		(1)		681
All Other—consumer		1,360		58		54		28		70			210		209		1,779		9		8		1,796
Total consumer ACLL	$	16,018	$	(52)	$	(16)	$	67	$	(41)		$	(42)	$	218	$	16,194	$	98	$	5	$	16,297		4.05%

Total ACLL	$	18,574	$	102	$	243	$	45	$	10		$	400	$	273	$	19,247	$	397	$	(8)	$	19,636		2.61%
Allowance for credit losses on unfunded lending commitments (ACLUC)⁽³⁾	$	1,601	$	108	$	(19)	$	100	$	13		$	202	$	30	$	1,833	$	184	$	(4)	$	2,013
Total ACLL and ACLUC		20,175		210		224		145		23			602		303		21,080		581		(12)		21,649
Other⁽⁴⁾⁽⁵⁾		2,002		34		388		74		(17)			479		(2,188)		293		3		6		302
Total ACL	$	22,177	$	244	$	612	$	219	$	6		$	1,081	$	(1,885)	$	21,373	$	584	$	(6)	$	21,951

(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 the forward purchase commitment of the Barclays American Airlines co-branded card portfolio.

(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)

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

Total Citigroup
Allowance for credit losses on loans (ACLL) at beginning of period	$	18,574	$	18,726	$	19,123	$	19,206	$	19,247		-		4%
Gross credit (losses) on loans		(2,926)		(2,723)		(2,726)		(2,724)		(2,820)		(4%)		4%
Gross recoveries on loans		467		489		512		534		612		15%		31%
Net credit (losses) / recoveries on loans (NCLs)		(2,459)		(2,234)		(2,214)		(2,190)		(2,208)		1%		(10%)
Replenishment of NCLs		2,459		2,234		2,214		2,190		2,208		1%		(10%)
Net reserve builds / (releases) for loans		102		243		45		10		397		NM		289%
Provision for credit losses on loans (PCLL)		2,561		2,477		2,259		2,200		2,605		18%		2%
Other, net^{(1)(2)(3)(4)(5)(6)}		50		154		38		31		(8)		NM		NM
ACLL at end of period (a)	$	18,726	$	19,123	$	19,206	$	19,247	$	19,636		2%		5%

Allowance for credit losses on unfunded lending commitments (ACLUC)⁽⁷⁾⁽⁸⁾(a)	$	1,720	$	1,721	$	1,820	$	1,833	$	2,013		10%		17%

Provision (release) for credit losses on unfunded lending commitments⁽⁸⁾	$	108	$	(19)	$	100	$	13	$	184		NM		70%

Total allowance for credit losses on loans, leases and unfunded lending commitments [sum of (a)]	$	20,446	$	20,844	$	21,026	$	21,080	$	21,649		3%		6%

Total ACLL as a % of total loans⁽⁹⁾		2.70%		2.67%		2.65%		2.58%		2.61%		3 bps		(9) bps
Total NCLs (annualized) as a % of average loans		1.44%		1.26%		1.21%		1.18%		1.19%		1 bps		(25) bps

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

NCLs		(2,277)		(2,185)		(2,122)		(2,148)		(2,200)		2%		(3%)
Replenishment of NCLs		2,277		2,185		2,122		2,148		2,200		2%		(3%)
Net reserve builds / (releases) for loans		(52)		(16)		67		(41)		98		NM		NM
Provision for credit losses on loans (PCLL)		2,225		2,169		2,189		2,107		2,298		9%		3%
Other, net^{(1)(2)(3)(4)(5)(6)}		35		115		38		30		5		(83%)		(86%)
ACLL at end of period (b)	$	16,001	$	16,100	$	16,205	$	16,194	$	16,297		1%		2%

Consumer ACLUC⁽⁷⁾⁽⁸⁾(b)	$	31	$	24	$	20	$	24	$	297		NM		NM

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

Total allowance for credit losses on loans, leases and unfunded lending commitments [sum of (b)]	$	16,032	$	16,124	$	16,225	$	16,218	$	16,594		2%		4%

Consumer ACLL as a % of total consumer loans		4.14%		4.07%		4.07%		3.96%		4.05%		9 bps		(9) bps
Consumer NCLs (annualized) as a % of average loans		2.39%		2.25%		2.12%		2.12%		2.21%		9 bps		(18) bps

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

NCLs		(182)		(49)		(92)		(42)		(8)		(81%)		(96%)
Replenishment of NCLs		182		49		92		42		8		(81%)		(96%)
Net reserve builds / (releases) for loans		154		259		(22)		51		299		486%		94%
Provision for credit losses on loans (PCLL)		336		308		70		93		307		230%		(9%)
Other, net⁽¹⁾		15		39		-		1		(13)		NM		NM

ACLL at end of period (c)	$	2,725	$	3,023	$	3,001	$	3,053	$	3,339		9%		23%

Corporate ACLUC⁽⁷⁾(c)	$	1,689	$	1,697	$	1,800	$	1,809	$	1,716		(5%)		2%

Provision (release) for credit losses on unfunded lending commitments	$	111	$	(18)	$	104	$	10	$	(90)		NM		NM

Total allowance for credit losses on loans, leases and unfunded lending commitments [sum of (c)]	$	4,414	$	4,720	$	4,801	$	4,862	$	5,055		4%		15%

Corporate ACLL as a % of total corporate loans⁽¹⁰⁾		0.89%		0.94%		0.92%		0.91%		0.95%		4 bps		6 bps
Corporate NCLs (annualized) as a % of average loans		0.24%		0.06%		0.11%		0.05%		0.01%		(4) bps		(23) bps

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

Page 19

NON-ACCRUAL ASSETS

(In millions of dollars)

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

Corporate non-accrual loans by region⁽¹⁾
North America	$	822	$	953	$	1,280	$	1,145	$	955		(17%)		16%
International		554		769		791		856		1,002		17%		81%
Total	$	1,376	$	1,722	$	2,071	$	2,001	$	1,957		(2%)		42%

Corporate non-accrual loans⁽¹⁾
Banking	$	510	$	502	$	820	$	919	$	971		6%		90%
Services		110		134		187		337		393		17%		257%
Markets		631		932		926		622		472		(24%)		(25%)
Mexico SBMM and AFG		125		154		138		123		121		(2%)		(3%)
Total	$	1,376	$	1,722	$	2,071	$	2,001	$	1,957		(2%)		42%

Consumer non-accrual loans⁽¹⁾
Wealth	$	702	$	945	$	886	$	847	$	660		(22%)		(6%)
USCC		18		21		22		22		21		(5%)		17%
Mexico Consumer		416		485		526		585		577		(1%)		39%
Asia Consumer⁽²⁾		20		16		16		15		12		(20%)		(40%)
Legacy Holdings Assets—Consumer		172		165		157		149		144		(3%)		(16%)
Total	$	1,328	$	1,632	$	1,607	$	1,618	$	1,414		(13%)		6%

Total non-accrual loans (NAL)	$	2,704	$	3,354	$	3,678	$	3,619	$	3,371		(7%)		25%

Other real estate owned (OREO)⁽³⁾	$	21	$	26	$	29	$	22	$	34		55%		62%

NAL as a percentage of total loans		0.39%		0.46%		0.50%		0.48%		0.44%		(4) bps		5 bps

ACLL as a percentage of NAL		693%		570%		522%		532%		582%

(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)	Asia Consumer also includes Non-accrual assets in Poland (through 1Q25) and Russia.

(3)	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

COMMON EQUITY TIER 1 (CET1) CAPITAL AND

SUPPLEMENTARY LEVERAGE RATIOS

(In millions of dollars or shares, except ratios)

		Mar. 31,			Jun. 30,			Sep. 30,			Dec. 31,			March 31,
CET1 Capital and Ratio and Components⁽¹⁾			2025			2025			2025			2025			2026⁽²⁾
Citigroup common stockholders’ equity⁽³⁾		$	194,125		$	196,931		$	194,038		$	192,304		$	191,478
Add: qualifying noncontrolling interests			192			200			217			226			226
Regulatory capital adjustments and deductions:
Less:
Accumulated net unrealized gains (losses) on cash flow hedges, net of tax			(213)			(141)			(116)			10			(249)
Cumulative unrealized net gain (loss) related to changes in fair value of financial liabilities attributable to own creditworthiness, net of tax			(32)			(408)			(1,443)			(1,919)			(353)
Intangible assets:
Goodwill, net of related deferred tax liabilities (DTLs)⁽⁴⁾			18,122			18,524			17,876			18,482			18,373
Identifiable intangible assets other than mortgage servicing rights (MSRs), net of related DTLs			3,291			3,236			3,169			3,135			3,150
Defined benefit pension plan net assets and other			1,532			1,610			1,725			1,822			1,730
Deferred tax assets (DTAs) arising from net operating loss, foreign tax credit and general business credit carry-forwards⁽⁵⁾			11,517			11,163			10,807			10,784			10,470
Excess over 10% / 15% limitations for other DTAs, certain common stock investments and MSRs⁽⁵⁾⁽⁶⁾			4,261			4,204			3,757			3,117			3,879
CET1 Capital		$	155,839		$	158,943		$	158,480		$	157,099		$	154,704
Risk-Weighted Assets (RWA)		$	1,162,306		$	1,178,756		$	1,194,274		$	1,192,174		$	1,216,767
CET1 Capital ratio (CET1/RWA)			13.41%			13.48%			13.27%			13.18%			12.7%

Supplementary Leverage Ratio and Components
CET1		$	155,839		$	158,943		$	158,480		$	157,099		$	154,704
Additional Tier 1 Capital (AT1)⁽⁷⁾			19,675			17,676			20,313			22,576			22,092
Total Tier 1 Capital (T1C) (CET1 + AT1)		$	175,514		$	176,619		$	178,793		$	179,675		$	176,796
Total Leverage Exposure (TLE)		$	3,033,450		$	3,195,323		$	3,236,413		$	3,276,212		$	3,372,448
Supplementary Leverage ratio (T1C/TLE)			5.79%			5.53%			5.52%			5.48%			5.2%

(1)	See footnote 2 on page 1.

(2)	March 31, 2026 is preliminary.

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

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

(5)

Represents deferred tax excludable from Basel III CET1 Capital, which includes net DTAs arising from net operating loss, foreign tax credit, and general business credit tax carry-forwards and DTAs arising from temporary differences (future deductions) that are deducted from CET1 Capital exceeding the 10% limitation.

(6)

Assets subject to 10% / 15% limitations include MSRs, DTAs arising from temporary differences, and significant common stock investments in unconsolidated financial institutions. For all periods presented, the deduction related only to DTAs arising from temporary differences that exceeded the 10% limitation.

(7)	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)


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

Tangible Common Equity, Book Value Per Share and Tangible Book Value Per Share
Common stockholders’ equity	$	194,058	$	196,872	$	193,973	$	192,241	$	191,409		-		(1%)
Less:
Goodwill		19,422		19,878		19,126		19,098		18,997
Identifiable intangible assets (other than MSRs)		3,679		3,639		3,582		3,525		3,539
Goodwill and identifiable intangible assets (other than MSRs) related to businesses HFS		16		16		-		-		-
Tangible common equity (TCE)⁽¹⁾	$	170,941	$	173,339	$	171,265	$	169,618	$	168,873		-		(1%)
Common shares outstanding (CSO)		1,867.7		1,840.9		1,789.3		1,747.5		1,705.6		(2%)		(9%)
Book value per share (common equity/CSO)	$	103.90	$	106.94	$	108.41	$	110.01	$	112.22		2%		8%
Tangible book value per share (TCE/CSO)⁽¹⁾	$	91.52	$	94.16	$	95.72	$	97.06	$	99.01		2%		8%

Return on Common Equity (RoCE) and Return on Tangible Common Equity (RoTCE)

Net income (loss)	$	4,064	$	4,019	$	3,752	$	2,471	$	5,785
Preferred dividends		269		287		274		284		305
Net income (loss) available to common shareholders		3,795		3,732		3,478		2,187		5,480
Average common stockholders’ equity		191,794		195,622		195,471		193,205		192,606		-		-
Less:
Average goodwill and intangibles		22,474		23,482		23,169		22,763		23,360
Average TCE	$	169,320	$	172,140	$	172,302	$	170,442	$	169,246		(1%)		-

RoCE		8.0%		7.7%		7.1%		4.5%		11.5%		700 bps		350 bps
RoTCE		9.1%		8.7%		8.0%		5.1%		13.1%		800 bps		400 bps

Average TCE(in billions of dollars)⁽¹⁾⁽²⁾
Services	$	33.0	$	33.0	$	33.0	$	33.0	$	33.5		2%		2%
Markets		53.5		53.5		53.5		53.5		56.4		5%		5%
Banking		9.2		9.2		9.2		9.2		7.8		(15%)		(15%)
Wealth		15.4		15.4		15.4		15.4		16.2		5%		5%
USCC		20.3		20.3		20.3		20.3		15.5		(24%)		(24%)
All Other		37.9		40.7		40.9		39.0		39.8		2%		5%
Total Citi average TCE	$	169.3	$	172.1	$	172.3	$	170.4	$	169.2		(1%)		-
Add:
Average goodwill	$	18.8	$	19.8	$	19.6	$	19.2	$	19.9
Average intangible assets (other than MSRs)		3.7		3.7		3.6		3.6		3.5

Total Citi average common stockholders’ equity(in billions of dollars)	$	191.8	$	195.6	$	195.5	$	193.2	$	192.6		-		-

Income (loss) available to common shareholders(in billions of dollars)⁽³⁾
Services	$	1.8	$	1.7	$	2.1	$	2.5	$	2.2		(12%)		22%
Markets		1.8		1.8		1.7		0.8		2.6		225%		44%
Banking		0.2		0.1		0.3		0.4		0.3		(25%)		50%
Wealth		0.2		0.4		0.3		0.3		0.4		33%		100%
USCC		0.8		0.8		0.9		0.9		0.7		(22%)		(13%)
All Other—managed basis⁽³⁾		(1.0)		(0.9)		(1.0)		(2.6)		(0.7)		73%		30%
Reconciling Items—divestiture-related impacts⁽⁴⁾		-		(0.2)		(0.8)		(0.1)		-		100%		-

Total Citi income (loss) available to common shareholders⁽³⁾	$	3.8	$	3.7	$	3.5	$	2.2	$	5.5		150%		45%

RoTCE⁽¹⁾
Services		22.5%		20.8%		25.0%		30.0%		27.0%		(300) bps		450 bps
Markets		14.0%		13.5%		12.6%		6.2%		18.7%		1,250 bps		470 bps
Banking		9.8%		4.1%		11.6%		15.3%		15.8%		50 bps		600 bps
Wealth		5.0%		10.0%		7.8%		7.7%		10.8%		310 bps		580 bps
USCC		16.7%		15.0%		18.2%		17.3%		19.2%		190 bps		250 bps
All Other—managed basis⁽³⁾		(12.0%)		(8.3%)		(10.0%)		(26.2%)		(8.1%)		NM		NM
Reconciling Items—divestiture-related impacts⁽⁴⁾		N/A		N/A		N/A		N/A		N/A

Total Citi RoTCE		9.1%		8.7%		8.0%		5.1%		13.1%		800 bps		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)


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

Foreign currency (FX) translation impact

Total Citigroup

Total revenues—as reported	$	21,596	$	21,668	$	22,090	$	19,871	$	24,633		24%		14%
Impact of FX translation⁽¹⁾		512		219		222		159		-
Total revenues—Ex-FX⁽¹⁾	$	22,108	$	21,887	$	22,312	$	20,030	$	24,633		23%		11%

Total operating expenses—as reported	$	13,425	$	13,577	$	14,290	$	13,840	$	14,311		3%		7%
Impact of FX translation⁽¹⁾		433		136		161		123		-
Total operating expenses—Ex-FX⁽¹⁾	$	13,858	$	13,713	$	14,451	$	13,963	$	14,311		2%		3%

Total provisions for credit losses and PBC—as reported	$	2,723	$	2,872	$	2,450	$	2,220	$	2,805		26%		3%
Impact of FX translation⁽¹⁾		87		37		21		20		-
Total provisions for credit losses and PBC—Ex-FX⁽¹⁾	$	2,810	$	2,909	$	2,471	$	2,240	$	2,805		25%		-

Total EBIT—as reported	$	5,448	$	5,219	$	5,350	$	3,811	$	7,517		97%		38%
Impact of FX translation⁽¹⁾		(8)		46		40		16		-
Total EBIT—Ex-FX⁽¹⁾	$	5,440	$	5,265	$	5,390	$	3,827	$	7,517		96%		38%

Total EOP Loans—as reported	$	702	$	725	$	734	$	752	$	762		1%		9%
Impact of FX translation⁽¹⁾		8		(1)		(2)		(2)		-
Total EOP Loans—Ex-FX⁽¹⁾	$	710	$	724	$	732	$	750	$	762		2%		7%

Total EOP Deposits—as reported	$	1,316	$	1,358	$	1,384	$	1,404	$	1,446		3%		10%
Impact of FX translation⁽¹⁾		17		(5)		(4)		(5)		-
Total EOP Deposits—Ex-FX⁽¹⁾	$	1,333	$	1,353	$	1,380	$	1,399	$	1,446		3%		8%

Total Average Loans—as reported	$	691	$	712	$	725	$	737	$	755		2%		9%
Impact of FX translation⁽¹⁾		13		6		2		2		-
Total Average Loans—Ex-FX⁽¹⁾	$	704	$	718	$	727	$	739	$	755		2%		7%

Total Average Deposits—as reported	$	1,305	$	1,343	$	1,382	$	1,422	$	1,446		2%		11%
Impact of FX translation⁽¹⁾		30		12		5		6		-
Total Average Deposits—Ex-FX⁽¹⁾	$	1,335	$	1,355	$	1,387	$	1,428	$	1,446		1%		8%

Legacy Franchises—Mexico Consumer/SBMM

All Other—Legacy Franchises (LF) Mexico Consumer/SBMM revenues—as reported	$	1,467	$	1,536	$	1,722	$	1,775	$	2,054		16%		40%
Impact of FX translation⁽¹⁾		220		127		92		67		-
All Other—LF Mexico Consumer/SBMM revenues—Ex-FX⁽¹⁾	$	1,687	$	1,663	$	1,814	$	1,842	$	2,054		12%		22%

All Other—LF Mexico Consumer/SBMM expenses—as reported	$	1,060	$	984	$	1,772	$	962	$	1,181		23%		11%
Impact of FX translation⁽¹⁾		179		95		107		40		-
All Other—LF Mexico Consumer/SBMM expenses—Ex-FX⁽¹⁾	$	1,239	$	1,079	$	1,879	$	1,002	$	1,181		18%		(5%)

(1)

Reflects the impact of foreign currency (FX) translation into U.S. dollars applying the first quarter of 2026 average exchange rates for all quarterly periods, with the exception of EOP loans and deposits, which were calculated based on exchange rates as of March 31, 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)


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

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

Total Citigroup revenues—as reported	$	21,596	$	21,668	$	22,090	$	19,871	$	24,633		24%		14%
Less:
Total divestiture-related Impacts on revenues⁽¹⁾		-		(177)		2		(1)		13
Total Citigroup revenues, excluding divestitures impacts^(*)	$	21,596	$	21,845	$	22,088	$	19,872	$	24,620		24%		14%


Total Citigroup revenues—as reported	$	21,596	$	21,668	$	22,090	$	19,871	$	24,633		24%		14%
Less:
Notable item—Russia HFS accounting treatment loss impact on revenues⁽²⁾		-		-		-		(1,173)		-
Total Citigroup revenues, excluding notable item(s) impact^(*)	$	21,596	$	21,668	$	22,090	$	21,044	$	24,633		17%		14%


Total Citigroup net interest income (NII)—as reported	$	14,012	$	15,175	$	14,940	$	15,665	$	15,741		-		12%
Markets NII⁽³⁾		1,924		2,824		2,178		2,761		2,797
Citigroup NII ex-Markets^(*)	$	12,088	$	12,351	$	12,762	$	12,904	$	12,944		-		7%

Total Citigroup non-interest revenue (NIR)—as reported	$	7,584	$	6,493	$	7,150	$	4,206	$	8,892		111%		17%
Markets NIR⁽³⁾		4,151		3,156		3,567		1,848		4,449
Citigroup NIR ex-Markets^(*)	$	3,433	$	3,337	$	3,583	$	2,358	$	4,443		88%		29%
Less:
Notable item—Russia HFS accounting treatment loss impact on revenues⁽⁴⁾		-		-		-		(1,192)		-
Citigroup NIR ex-Markets, excluding notable item(s) impact^(*)	$	3,433	$	3,337	$	3,583	$	3,550	$	4,443		25%		29%


Total Citigroup operating expenses

Total Citigroup operating expenses—as reported	$	13,425	$	13,577	$	14,290	$	13,840	$	14,311		3%		7%
Less:
Notable item—Mexico goodwill impairment charge impact on operating expenses⁽⁵⁾		-		-		726		-		-
Total Citigroup operating expenses, excluding notable item(s)^(*)	$	13,425	$	13,577	$	13,564	$	13,840	$	14,311		3%		7%


Total Citigroup revenues—as reported		21,596		21,668		22,090		19,871		24,633		24%		14%
Total Citigroup operating expenses—as reported	$	13,425	$	13,577	$	14,290	$	13,840	$	14,311		3%		7%
Total Citigroup efficiency ratio—as reported		62.2%		62.7%		64.7%		69.6%		58.1%		(1,150) bps		(410) bps
Less:
Notable item(s) impact(s) on revenues⁽²⁾		-		-		-		(1,173)		-
Total Citigroup revenues, excluding notable item(s)^(*)	$	21,596	$	21,668	$	22,090	$	21,044	$	24,633		17%		14%
Less:
Notable item(s) impact(s) on operating expenses⁽⁵⁾		-		-		726		-		-
Total Citigroup operating expenses, excluding notable item(s)^(*)	$	13,425	$	13,577	$	13,564	$	13,840	$	14,311		3%		7%
Total Citigroup efficiency ratio, excluding notable item(s)^(*)		62.2%		62.7%		61.4%		65.8%		58.1%		(770) bps		(410) bps

*	Represents a non-GAAP financial measure.

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

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

(3)	See page 6 for details.

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

(5)	See footnote 4 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)

1Q26 Increase/

(Decrease) from

2025

2026

4Q25

1Q25

Total Citigroup operating expenses

Total Citigroup other operating expenses⁽¹⁾—as reported

2,483

2,472

3,386

3,168

2,369

(25%)

(5%)

Less:

Notable item—Mexico goodwill impairment charge impact on other operating expenses⁽²⁾

726

Total Citigroup other operating expenses, excluding notable item(s)^(*)

2,483

2,472

2,660

3,168

2,369

(25%)

(5%)

Notable items adjustments

Total Citigroup net income—as reported

4,064

4,019

3,752

2,471

5,785

134%

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)

Total Citigroup net income, excluding notable Item(s)^(*)

4,064

4,019

4,466

3,594

5,785

61%

42%

Total Citigroup diluted EPS—as reported

1.96

1.86

1.19

3.06

157%

56%

Less:

Notable item(s)⁽²⁾⁽³⁾

(0.38)

(0.62)

Total Citigroup diluted EPS, excluding notable item(s)^(*)

1.96

2.24

1.81

3.06

69%

56%

Total Citigroup diluted EPS—as reported

1.96

1.86

1.19

3.06

157%

56%

Less:

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

(0.62)

Total Citigroup diluted EPS, excluding notable item^(*)

1.96

1.86

1.81

3.06

69%

56%

Total Citigroup RoCE—as reported

8.0%

7.7%

7.1%

4.5%

11.5%

700 bps

350 bps

Less:

Notable item(s)⁽²⁾⁽³⁾

0 bps

(140) bps

(230) bps

0 bps

Total Citigroup RoCE, excluding notable items^(*)

8.0%

7.7%

8.5%

6.8%

11.5%

470 bps

350 bps

Total Citigroup RoTCE—as reported

9.1%

8.7%

8.0%

5.1%

13.1%

800 bps

400 bps

Less:

Notable item(s)⁽²⁾⁽³⁾

0 bps

(170) bps

(260) bps

0 bps

Total Citigroup RoTCE, excluding notable items^(*)

9.1%

8.7%

9.7%

7.7%

13.1%

540 bps

400 bps

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

All Other revenues—managed basis^(*)

1,463

1,716

1,471

(208)

1,682

15%

Add:

Total divestiture-related impacts on revenues⁽⁵⁾

(177)

(1)

All Other revenues—U.S. GAAP

1,463

1,539

1,473

(209)

1,695

16%

All Other operating expenses—managed basis^(*)

2,226

2,277

2,169

2,026

2,144

(4%)

Add:

Total divestiture-related impacts on operating expenses⁽⁶⁾

766

All Other operating expenses—U.S. GAAP

2,260

2,314

2,935

2,066

2,175

(4%)

All Other provisions for credit losses—managed basis^(*)

359

374

331

449

400

(11%)

11%

Add:

Total divestiture-related impacts on provisions for credit losses

(11)

(3)

(1)

All Other provisions for credit losses—U.S. GAAP

348

379

328

448

401

(10%)

15%

All Other EBIT—managed basis^(*)

(1,122)

(935)

(1,029)

(2,683)

(862)

68%

23%

Add:

Total divestiture-related impacts on revenues⁽⁵⁾

(177)

(1)

Total divestiture-related impacts on operating expenses⁽⁶⁾

(34)

(37)

(766)

(40)

(31)

Total divestiture-related impacts on provisions for credit losses

(5)

(1)

All Other EBIT—U.S. GAAP

(1,145)

(1,154)

(1,790)

(2,723)

(881)

68%

23%

*	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 4 on page 14 for details.

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

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

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

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

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

Page 26

Reconciliation of Adjusted Results (Page 3)

(In millions of dollars, except as otherwise noted)

											1Q26 Increase/
	1Q		2Q		3Q		4Q		1Q		(Decrease) from
	2025		2025		2025		2025		2026		4Q25		1Q25
All Other (managed basis)^(1)(*)

All Other net income (loss)—managed basis	$	(856)	$	(552)	$	(756)	$	(2,290)	$	(494)		78%		42%
Add:
Total divestiture-related impacts on revenue⁽²⁾		-		(177)		2		(1)		13
Total divestiture-related impacts on operating expenses⁽³⁾		(34)		(37)		(766)		(40)		(31)
Total divestiture-related impacts on provisions for credit losses		11		(5)		3		1		(1)
Total divestiture-related impacts on income taxes		8		39		(16)		(70)		7
All Other net income (loss)—U.S. GAAP	$	(871)	$	(732)	$	(1,533)	$	(2,400)	$	(506)		79%		42%

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

Legacy Franchises revenues (managed basis)—as reported	$	1,621	$	1,691	$	1,871	$	329	$	2,161		NM		33%
Less:
Notable item—portion of Russia HFS accounting treatment loss impact on LF revenues⁽⁴⁾		-		-		-		(1,556)		-
LF revenues, excluding notable item(s) impact^(*)	$	1,621	$	1,691	$	1,871	$	1,885	$	2,161		15%		33%

LF revenues—managed basis^(*)	$	1,621	$	1,691	$	1,871	$	329	$	2,161		NM		33%
Add:
Total divestiture-related impacts on revenues⁽²⁾		-		(177)		2		(1)		13
LF revenues—U.S. GAAP	$	1,621	$	1,514	$	1,873	$	328	$	2,174		NM		34%

LF operating expenses—managed basis^(*)	$	1,334	$	1,287	$	1,320	$	1,222	$	1,324		8%		(1%)
Add:
Total divestiture-related impacts on operating expenses⁽³⁾		34		37		766		40		31
LF operating expenses—U.S. GAAP	$	1,368	$	1,324	$	2,086	$	1,262	$	1,355		7%		(1%)

LF provisions for credit losses—managed basis^(*)	$	358	$	371	$	327	$	447	$	409		(9%)		14%
Add:
Total divestiture-related impacts on provisions for credit losses		(11)		5		(3)		(1)		1
LF provisions for credit losses—U.S. GAAP	$	347	$	376	$	324	$	446	$	410		(8%)		18%

LF EBIT—managed basis^(*)	$	(71)	$	33	$	224	$	(1,340)	$	428		NM		NM
Add:
Total divestiture-related impacts on revenue⁽²⁾		-		(177)		2		(1)		13
Total divestiture-related impacts on operating expenses⁽³⁾		(34)		(37)		(766)		(40)		(31)
Total divestiture-related impacts on provisions for credit losses		11		(5)		3		1		(1)
LF EBIT—U.S. GAAP	$	(94)	$	(186)	$	(537)	$	(1,380)	$	409		NM		NM

LF net income (loss)—managed basis^(*)	$	(60)	$	60	$	155	$	(1,496)	$	177		NM		NM
Add:
Total divestiture-related impacts on revenue⁽²⁾		-		(177)		2		(1)		13
Total divestiture-related impacts on operating expenses⁽³⁾		(34)		(37)		(766)		(40)		(31)
Total divestiture-related impacts on provisions for credit losses		11		(5)		3		1		(1)
Total divestiture-related impacts on income taxes		8		39		(16)		(70)		7
LF net income (loss)—U.S. GAAP	$	(75)	$	(120)	$	(622)	$	(1,606)	$	165		NM		NM

*	Represents a non-GAAP financial measure.

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

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

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

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

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

Page 27

Reconciliation of Adjusted Results (Page 4)

(In millions of dollars, except as otherwise noted)


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

Services

Services revenues—as reported	$	5,204	$	5,430	$	5,730	$	6,272	$	6,103		(3%)		17%
Less:
Notable item—portion of Russia HFS accounting treatment impact on services revenues⁽¹⁾		-		-		-		356		-
Services revenues, excluding notable item(s) impact^(*)	$	5,204	$	5,430	$	5,730	$	5,916	$	6,103		3%		17%


Services non-interest revenue (NIR)—as reported	$	1,706	$	1,800	$	1,907	$	2,222	$	1,960		(12%)		15%
Less:
Notable item—portion of Russia HFS accounting treatment impact on services revenues⁽¹⁾		-		-		-		356		-
Services NIR, excluding notable item(s) impact^(*)	$	1,706	$	1,800	$	1,907	$	1,866	$	1,960		5%		15%


Banking—Corporate Lending revenues

Banking—Corporate Lending revenues—as reported	$	416	$	361	$	409	$	417	$	441		6%		6%
Gain (loss) on loan hedges⁽²⁾		14		(62)		(44)		(26)		50
Banking—Corporate Lending revenues—excluding gain (loss) on loan hedges^(*)	$	402	$	423	$	453	$	443	$	391		(12%)		(3%)

*	Represents a non-GAAP financial measure.

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

(2)	See page 7 for details.

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

Page 28

Reconciliation of Adjusted Results (Page 5)

(In millions of dollars, or as otherwise noted)

1Q26 Increase/

(Decrease) from

2025

2026

4Q25

1Q25

 

Total Citigroup revenues

Total Citigroup revenues—as reported

21,596

21,668

22,090

19,871

24,633

24%

14%

Less:

Total divestiture-related impacts on revenues⁽²⁾

(177)

(1)

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

(1,173)

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

21,596

21,845

22,088

21,045

24,620

17%

14%

Total Citigroup operating expenses—as reported

13,425

13,577

14,290

13,840

14,311

Less:

Total divestiture-related impacts on expenses⁽⁴⁾

766

FDIC special assessment⁽⁵⁾

(20)

(47)

(191)

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

13,371

13,560

13,571

13,991

14,280

Total Citigroup operating expenses—as reported

13,425

13,577

14,290

13,840

14,311

Less:

Goodwill impairment⁽⁶⁾

726

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

13,425

13,577

13,564

13,840

14,311

Total Citigroup RoCE and RoTCE

Total Citigroup RoCE—as reported

8.0%

7.7%

7.1%

4.5%

11.5%

700 bps

350 bps

Less:

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

0 bps

(230) bps

0 bps

Total Citigroup RoCE, excluding notable item^(*)

8.0%

7.7%

7.1%

6.8%

11.5%

470 bps

350 bps

Total Citigroup RoTCE—as reported

9.1%

8.7%

8.0%

5.1%

13.1%

800 bps

400 bps

Less:

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

0 bps

(260) bps

0 bps

Total Citigroup RoTCE, excluding notable item^(*)

9.1%

8.7%

8.0%

7.7%

13.1%

540 bps

400 bps

*	Represents a non-GAAP financial measure.

(1)

Not used.

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

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

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

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

(6)	See footnote 4 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)

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

Legacy Franchises (LF) exits contribution⁽¹⁾

Revenues

Closed or signed markets revenues—Ex-divestitures	$	108	$	118	$	122	$	(1,456)	$	77		NM		(29%)
Add:
Divestiture-related impacts on closed or signed markets revenues		-		(177)		2		(1)		13
Closed or signed markets revenues—U.S. GAAP	$	108	$	(59)	$	124	$	(1,457)	$	90		NM		(17%)

Mexico Consumer/SBMM revenues—Ex-divestitures	$	1,467	$	1,536	$	1,722	$	1,775	$	2,054		16%		40%
Add:
Divestiture-related impacts on Mexico/SBMM		-		-		-		-		-
Mexico Consumer/SBMM revenues—U.S. GAAP	$	1,467	$	1,536	$	1,722	$	1,775	$	2,054		16%		40%

Wind-downs/sale/other revenues—Ex-divestitures	$	46	$	37	$	27	$	10	$	30		200%		(35%)
Add:
Divestiture-related impacts on wind-downs/sale/other revenues		-		-		-		-		-
Wind-downs/sale/other revenues—U.S. GAAP	$	46	$	37	$	27	$	10	$	30		200%		(35%)

Expenses

Closed or signed markets expenses—Ex-divestitures	$	135	$	161	$	133	$	108	$	75		(31%)		(44%)
Add:
Divestiture-related impacts on closed or signed markets expenses		10		7		4		8		5
Closed or signed markets expenses—U.S. GAAP	$	145	$	168	$	137	$	116	$	80		(31%)		(45%)

Mexico Consumer/SBMM expenses—Ex-divestitures	$	1,039	$	954	$	1,013	$	928	$	1,157		25%		11%
Add:
Divestiture-related impacts on Mexico/SBMM		21		30		759		34		24
Mexico Consumer/SBMM expenses—U.S. GAAP	$	1,060	$	984	$	1,772	$	962	$	1,181		23%		11%

Wind-downs/sale/other expenses—Ex-divestitures	$	160	$	172	$	174	$	186	$	92		(51%)		(43%)
Add:
Divestiture-related impacts on wind-downs/sale/other expenses		3		-		3		(2)		2
Wind-downs/sale/other expenses—U.S. GAAP	$	163	$	172	$	177	$	184	$	94		(49%)		(42%)

(1)

For this presentation, AO Citibank (Russia) has been classified as “Closed or signed markets” for all periods presented. Citi’s 4Q25 Financial Data Supplement (issued on January 14, 2026) had AO Citibank (Russia) classified as “Wind-down/sale/other” because the sale of AO Citibank (Russia) was not signed and closed until February 18, 2026.

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

Page 30