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REPORTABLE BUSINESS SEGMENTS AND ALL OTHER
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
REPORTABLE BUSINESS SEGMENTS AND ALL OTHER REPORTABLE BUSINESS SEGMENTS AND ALL OTHER
The reportable business segments (segments) and All Other reflect how the CEO, who is the chief operating decision maker (CODM), manages the Company, including allocating resources and measuring performance.
Citi is organized into five reportable business segments: Services, Markets, Banking, Wealth and U.S. Consumer Cards (USCC), with the remaining operations recorded in All Other, which includes activities not assigned to a specific segment, as well as discontinued operations. See segment details in Note 3 to the Consolidated Financial Statements in Citi’s 2025 Form 10-K.
Prior-period reportable operating segment and All Other results have been recast to reflect the following changes effective January 1, 2026:

•Citi transferred its Retail Banking business from the former U.S. Personal Banking (USPB) to Wealth and integrated the remaining USPB businesses into a new U.S. Consumer Cards segment.
•Citi eliminated the corporate lending revenue share arrangement by updating its TCE methodology among the Services, Markets and Banking segments to better align their capital usage associated with the shared economic benefits of corporate lending to clients across these segments.
•Certain interest rate risk-management activities within Markets were moved to All Other—Corporate/Other, or between businesses within Markets.
•Certain other immaterial reclassifications impacting the results of each business segment and All Other were made.

Citi’s consolidated results remain unchanged for all periods presented following the changes and reclassifications discussed above.
Revenues and expenses directly associated with each segment or line of business are included in determining respective operating results. Other revenues and expenses that are attributable to a particular segment or All Other are generally allocated from Corporate/Other within All Other based on respective net revenues, non-interest expenses or other relevant measures.
Revenues and expenses from transactions with other segments and All Other are treated as transactions with external parties for purposes of segment disclosures, while funding charges paid by segments and funding credits received by Corporate Treasury within All Other are included in net interest income. The Company includes intersegment eliminations from Corporate/Other within All Other to reconcile the segment results to Citi’s consolidated results.
The accounting policies of these segments and All Other are the same as those disclosed in Note 1 to the Consolidated Financial Statements in Citi’s 2025 Form 10-K.

The following tables present certain information regarding the Company’s continuing operations by reportable business segment and All Other on a managed basis that excludes divestiture-related impacts. The CODM uses Income (loss) from continuing operations as the performance measure, to evaluate the results of each reportable business segment and
All Other by comparing to and monitoring against budget and prior-year results. This information is used to allocate resources to each of the segments and All Other and to make operational decisions when managing the Company, such as whether to reinvest profits or to return capital to shareholders through dividends and share repurchases.

Three Months Ended June 30,
In millions of dollars, except end-of-period assets,
average loans and average deposits in billions		ServicesMarketsBanking
202620252026202520262025
Net interest income$4,291 $3,630 $4,002 $2,824 $560 $530 
Non-interest revenue2,091 1,800 3,005 3,156 1,362 904 
Total revenues, net of interest expense$6,382 $5,430 $7,007 $5,980 $1,922 $1,434 
Compensation expense(1)
$679 $641 $1,177 $992 $733 $695 
Non-compensation expense(2)
2,124 2,038 2,607 2,516 479 442 
Total operating expense$2,803 $2,679 $3,784 $3,508 $1,212 $1,137 
Provisions for credit losses and for benefits and claims$58 $353 $109 $108 $242 $173 
Provision (benefits) for income taxes924 670 710 540 117 33 
Income (loss) from continuing operations2,597 1,728 2,404 1,824 351 91 
End-of-period assets (June 30, 2026 and December 31, 2025)
$645 $628 $1,363 $1,185 $145 $140 
Average loans103 94 176 136 88 84 
Average deposits1,017 857 20 18 — — 
In millions of dollars, except end-of-period assets,
average loans and average deposits in billions		WealthUSCC
2026202520262025
Net interest income$2,155 $1,831 $5,180 $4,918 
Non-interest revenue1,022 983 (659)(447)
Total revenues, net of interest expense$3,177 $2,814 $4,521 $4,471 
Compensation expense(1)
$878 $834 $401 $322 
Non-compensation expense(2)
1,499 1,479 1,393 1,304 
Total operating expense$2,377 $2,313 $1,794 $1,626 
Provisions for credit losses and for benefits and claims$59 $7 $1,618 $1,852 
Provision (benefits) for income taxes158 109 257 235 
Income (loss) from continuing operations583 385 852 758 
End-of-period assets (June 30, 2026 and December 31, 2025)
$321 $316 $182 $178 
Average loans206 197 177 168 
Average deposits415 398 — — 
In millions of dollars, except end-of-period assets,
average loans and average deposits in billions
All Other(3)
Reconciling Items(3)
Total Citi
202620252026202520262025
Net interest income$937 $1,442 $— $— $17,125 $15,175 
Non-interest revenue800 274 20 (177)7,641 6,493 
Total revenues, net of interest expense$1,737 $1,716 $20 $(177)$24,766 $21,668 
Total operating expense$2,220 $2,277 $25 $37 $14,215 $13,577 
Provisions for credit losses and for benefits and claims$438 $374 $(2)$5 $2,522 $2,872 
Provision (benefits) for income taxes(160)(362)(1)(39)2,005 1,186 
Income (loss) from continuing operations(761)(573)(2)(180)6,024 4,033 
End-of-period assets (June 30, 2026 and December 31, 2025)
$239 $210 $2,895 $2,657 
Average loans35 33 785 712 
Average deposits52 70 1,504 1,343 
Six Months Ended June 30,
In millions of dollars, except average loans and
average deposits in billions		ServicesMarketsBanking
202620252026202520262025
Net interest income$8,434 $7,128 $6,799 $4,748 $1,147 $1,021 
Non-interest revenue4,051 3,506 7,454 7,307 2,542 1,943 
Total revenues, net of interest expense$12,485 $10,634 $14,253 $12,055 $3,689 $2,964 
Compensation expense(1)
$1,386 $1,273 $2,377 $2,010 $1,512 $1,327 
Non-compensation expense(2)
4,352 3,990 5,242 4,964 940 844 
Total operating expense$5,738 $5,263 $7,619 $6,974 $2,452 $2,171 
Provisions for credit losses and for benefits and claims$152 $404 $94 $309 $374 $387 
Provision (benefits) for income taxes1,756 1,390 1,507 1,086 208 93 
Income (loss) from continuing operations4,839 3,577 5,033 3,686 655 313 
Average loans$101 $91 $169 $132 $86 $83 
Average deposits989 842 20 17 — — 
In millions of dollars, except average loans and
average deposits in billions		WealthUSCC
2026202520262025
Net interest income$4,250 $3,662 $10,296 $9,902 
Non-interest revenue1,992 1,909 (1,018)(864)
Total revenues, net of interest expense$6,242 $5,571 $9,278 $9,038 
Compensation expense(1)
$1,744 $1,714 $755 $664 
Non-compensation expense(2)
3,048 2,989 2,750 2,653 
Total operating expense$4,792 $4,703 $3,505 $3,317 
Provisions for credit losses and for benefits and claims$160 $133 $3,710 $3,635 
Provision (benefits) for income taxes275 159 479 490 
Income (loss) from continuing operations1,015 576 1,584 1,596 
Average loans$206 $196 $174 $168 
Average deposits415 399 — — 
In millions of dollars, except average loans and
average deposits in billions
All Other(3)
Reconciling Items(3)
Total Citi
202620252026202520262025
Net interest income$1,940 $2,726 $— $— $32,866 $29,187 
Non-interest revenue1,479 453 33 (177)16,533 14,077 
Total revenues, net of interest expense$3,419 $3,179 $33 $(177)$49,399 $43,264 
Total operating expense$4,364 $4,503 $56 $71 $28,526 $27,002 
Provisions for credit losses and for benefits and claims$838 $733 $(1)$(6)$5,327 $5,595 
Provision (benefits) for income taxes(634)(645)(8)(47)3,583 2,526 
Income (loss) from continuing operations(1,149)(1,412)(14)(195)11,963 8,141 
Average loans$34 $31 $770 $701 
Average deposits51 66 1,475 1,324 

(1)    Excludes allocations of Compensation and benefits expense related to services provided by Corporate/Other within All Other, which are allocated from All Other to each segment, as applicable, through the non-compensation expense line.
(2)    Non-compensation expense for each segment includes allocated compensation and benefits-related costs from Corporate/Other within All Other to the respective segments, and expenses related to Technology/communication, Transactional and product servicing, Premises and equipment, Professional services, Advertising and marketing and Other operating (all of which include certain overhead expenses).
(3)    Segment results are presented on a managed basis that excludes divestiture-related impacts related to Citi’s divestitures of its Asia Consumer businesses and Banamex, within All Other—Legacy Franchises. Adjustments are included in Legacy Franchises within All Other and are reflected in the reconciliations above to arrive at Citi’s reported results in the Consolidated Statement of Income.
The following table presents a reconciliation of total Citigroup income from continuing operations as reported:

Three Months Ended June 30,Six Months Ended June 30,
In millions of dollars
2026(1)
2025(2)
2026(3)
2025(4)
Total reportable business segments and All Other—income from continuing operations(5)
$6,026 $4,213 $11,977 $8,336 
Divestiture-related impact on:
Total revenues, net of interest expense20 (177)33 (177)
Total operating expenses25 37 56 71 
Provision (release) for credit losses(2)5 (1)(6)
Provision (benefits) for income taxes(1)(39)(8)(47)
Income from continuing operations$6,024 $4,033 $11,963 $8,141 

(1)    The three months ended June 30, 2026 includes approximately $25 million in operating expenses ($18 million after-tax), primarily driven by separation costs in Mexico.
(2)    The three months ended June 30, 2025 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 period ended June 30, 2025.
(3)    The six months ended June 30, 2026 includes approximately $56 million in operating expenses ($41 million after-tax), primarily driven by separation costs in Mexico.
(4)    The six months ended June 30, 2025 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 $71 million in operating expenses (approximately $49 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 period ended June 30, 2025.
(5)    Segment results are presented on a managed basis that excludes divestiture-related impacts related to Citi’s divestitures of its Asia Consumer businesses and Banamex, within All Other—Legacy Franchises. Adjustments are included in Legacy Franchises within All Other and are reflected in the reconciliations above to arrive at Citi’s reported results in the Consolidated Statement of Income.