CITIGROUP FINANCIAL SUMMARY

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

											2Q25 Increase/		Six		Six		YTD 2025 vs.
	2Q		3Q		4Q		1Q		2Q		(Decrease) from		Months		Months		YTD 2024 Increase/
	2024		2024		2024		2025		2025		1Q25	2Q24	2024		2025		(Decrease)

Total revenues, net of interest expense⁽¹⁾	$	20,032	$	20,209	$	19,465	$	21,596	$	21,668	-	8%	$	41,048	$	43,264	5%
Total operating expenses		13,246		13,144		13,070		13,425		13,577	1%	2%		27,353		27,002	(1%)
Net credit losses (NCLs)		2,283		2,172		2,242		2,459		2,234	(9%)	(2%)		4,586		4,693	2%
Credit reserve build (release) for loans		76		210		321		102		243	138%	220%		195		345	77%
Provision / (release) for unfunded lending commitments		(8)		105		(118)		108		(19)	NM	(138%)		(106)		89	NM
Provisions for benefits and claims, other assets and HTM debt securities		125		188		148		54		414	NM	231%		166		468	182%
Provisions for credit losses and for benefits and claims		2,476		2,675		2,593		2,723		2,872	5%	16%		4,841		5,595	16%
Income (loss) from continuing operations before income taxes		4,310		4,390		3,802		5,448		5,219	(4%)	21%		8,854		10,667	20%
Income taxes (benefits)		1,047		1,116		912		1,340		1,186	(11%)	13%		2,183		2,526	16%
Income (loss) from continuing operations		3,263		3,274		2,890		4,108		4,033	(2%)	24%		6,671		8,141	22%
Income (loss) from discontinued operations, net of taxes		-		(1)		-		(1)		-	100%	-		(1)		(1)	-
Net income (loss) before noncontrolling interests		3,263		3,273		2,890		4,107		4,033	(2%)	24%		6,670		8,140	22%
Net income (loss) attributable to noncontrolling interests		46		35		34		43		14	(67%)	(70%)		82		57	(30%)
Citigroup's net income (loss)	$	3,217	$	3,238	$	2,856	$	4,064	$	4,019	(1%)	25%	$	6,588	$	8,083	23%

Diluted earnings per share:
Income (loss) from continuing operations	$	1.52	$	1.51	$	1.34	$	1.96	$	1.96	-	29%	$	3.10	$	3.92	26%
Citigroup's net income (loss)	$	1.52	$	1.51	$	1.34	$	1.96	$	1.96	-	29%	$	3.10	$	3.92	26%

Preferred dividends	$	242	$	277	$	256	$	269	$	287	7%	19%	$	521	$	556	7%

Income allocated to unrestricted common shareholders—basic
Income (loss) from continuing operations (for EPS purposes)	$	2,943	$	2,906	$	2,563	$	3,752	$	3,683	(2%)	25%	$	5,991	$	7,435	24%
Citigroup's net income (loss) (for EPS purposes)		2,943		2,905		2,563		3,751		3,683	(2%)	25%		5,990		7,434	24%

Income allocated to unrestricted common shareholders—diluted
Income (loss) from continuing operations (for EPS purposes)	$	2,962	$	2,926	$	2,583	$	3,769	$	3,702	(2%)	25%	$	6,025	$	7,471	24%
Citigroup's net income (loss) (for EPS purposes)		2,962		2,925		2,583		3,768		3,702	(2%)	25%		6,024		7,470	24%

Shares (in millions):
Average basic		1,907.7		1,899.9		1,887.6		1,879.0		1,855.9	(1%)	(3%)		1,909.1		1,867.5	(2%)
Average diluted		1,945.7		1,940.3		1,931.0		1,919.6		1,893.1	(1%)	(3%)		1,944.4		1,906.4	(2%)
Common shares outstanding, at period end		1,907.8		1,891.3		1,877.1		1,867.7		1,840.9	(1%)	(4%)

Regulatory capital ratios and performance metrics:
Common Equity Tier 1 (CET1) Capital ratio^(2)(3)(4)		13.59%		13.71%		13.63%		13.41%		13.5%
Tier 1 Capital ratio^(2)(3)(4)		15.30%		15.24%		15.31%		15.10%		15.0%
Total Capital ratio^(2)(3)(4)		15.41%		15.21%		15.42%		15.41%		15.3%
Supplementary Leverage ratio (SLR)^(2)(4)(5)		5.89%		5.85%		5.85%		5.79%		5.5%
Return on average assets		0.53%		0.52%		0.46%		0.65%		0.61%	(4) bps	8 bps		0.54%		0.63%	9 bps
Return on average common equity		6.3%		6.2%		5.4%		8.0%		7.7%	(30) bps	140 bps		6.5%		7.8%	130 bps
Average tangible common equity (TCE) (in billions of dollars)⁽⁶⁾	$	166.1	$	168.3	$	168.6	$	169.3	$	172.1	2%	4%	$	165.4	$	170.7	3%
Return on average tangible common equity (RoTCE)⁽⁶⁾		7.2%		7.0%		6.1%		9.1%		8.7%	(40) bps	150 bps		7.4%		8.9%	150 bps
Operating leverage⁽⁷⁾		524 bps		281 bps		3,002 bps		759 bps		567 bps	(192) bps	43 bps		(170) bps		668 bps	838 bps
Efficiency ratio (total operating expenses/total revenues, net)		66.1%		65.0%		67.1%		62.2%		62.7%	50 bps	(340) bps		66.6%		62.4%	(420) bps

Balance sheet data (in billions of dollars, except per share amounts)⁽²⁾:
Total assets	$	2,405.7	$	2,430.7	$	2,352.9	$	2,571.5	$	2,622.8	2%	9%
Total average assets		2,456.5		2,492.1		2,474.8		2,517.1		2,647.8	5%	8%		2,453.4		2,582.5	5%
Total loans		687.7		688.9		694.5		702.1		725.3	3%	5%
Total deposits		1,278.1		1,310.0		1,284.5		1,316.4		1,357.7	3%	6%
Citigroup's stockholders' equity		208.3		209.1		208.6		212.4		213.2	-	2%
Book value per share		99.70		101.91		101.62		103.90		106.94	3%	7%
Tangible book value per share⁽⁶⁾		87.53		89.67		89.34		91.52		94.16	3%	8%

Direct staff (in thousands)		229		229		229		229		230	-	-

(1)

Effective January 1, 2025, certain transaction processing fees paid by Citi, primarily to credit card networks, reported within USPB, Services, Wealth, and All Other—Legacy Franchises (Banamex and Asia Consumer), which were previously presented within Other operating expenses, are presented as contra-revenue within Commissions and fees reported in Non-interest revenue. Prior periods were conformed to reflect this change in presentation.

(2)	2Q25 is preliminary.

(3)

Citi’s binding CET1 Capital and Tier 1 Capital ratios were derived under the Basel III Standardized Approach, whereas Citi's binding Total Capital ratios were derived under the Basel III Advanced Approaches framework for all periods presented. For the composition of Citi's CET1 Capital and ratio, see page 22.

(4)

Commencing January 1, 2025, the capital effects resulting from adoption of the Current Expected Credit Losses (CECL) methodology have been fully reflected in Citi's regulatory capital. For additional information, see "Capital Resources—Regulatory Capital Treatment—Modified Transition of the Current Expected Credit Losses Methodology" in Citigroup's 2024 Annual Report on Form 10-K.

(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 22 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.

Reclassified to conform to the current period's presentation.

Page 1

CITIGROUP CONSOLIDATED STATEMENT OF INCOME

(In millions of dollars)

											2Q25 Increase/		Six		Six		YTD 2025 vs.
	2Q		3Q		4Q		1Q		2Q		(Decrease) from		Months		Months		YTD 2024 Increase/
	2024		2024		2024		2025		2025		1Q25	2Q24	2024		2025		(Decrease)
Revenues
Interest income (including dividends)	$	35,987	$	36,456	$	35,047	$	33,666	$	35,859	7%	-	$	72,210	$	69,525	(4%)
Interest expense		22,494		23,094		21,314		19,654		20,684	5%	(8%)		45,210		40,338	(11%)
Net interest income (NII)		13,493		13,362		13,733		14,012		15,175	8%	12%		27,000		29,187	8%

Commissions and fees		2,555		2,589		2,456		2,707		2,745	1%	7%		5,191		5,452	5%
Principal transactions		2,874		3,219		2,286		3,921		3,406	(13%)	19%		6,148		7,327	19%
Administrative and other fiduciary fees		1,046		1,059		992		1,045		1,123	7%	7%		2,083		2,168	4%
Realized gains (losses) on sales of investments, net		23		72		118		121		138	14%	500%		138		259	88%
Impairment losses on investments		(17)		(45)		(339)		(58)		(39)	33%	(129%)		(47)		(97)	(106%)
Provision for credit losses on available-for-sale (AFS) debt securities⁽¹⁾		(4)		4		1		-		4	NM	NM		(4)		4	NM
Other revenue (loss)		62		(51)		218		(152)		(884)	(482%)	NM		539		(1,036)	NM
Total non-interest revenues (NIR)		6,539		6,847		5,732		7,584		6,493	(14%)	(1%)		14,048		14,077	-
Total revenues, net of interest expense		20,032		20,209		19,465		21,596		21,668	-	8%		41,048		43,264	5%


Provisions for credit losses and for benefits and claims
Net credit losses on loans		2,283		2,172		2,242		2,459		2,234	(9%)	(2%)		4,586		4,693	2%
Credit reserve build / (release) for loans		76		210		321		102		243	138%	220%		195		345	77%
Provision for credit losses on loans		2,359		2,382		2,563		2,561		2,477	(3%)	5%		4,781		5,038	5%
Provision for credit losses on held-to-maturity (HTM) debt securities		(5)		50		(5)		(5)		7	NM	NM		5		2	(60%)
Provision for credit losses on other assets		112		110		136		39		381	NM	240%		116		420	262%
Policyholder benefits and claims		18		28		17		20		26	30%	44%		45		46	2%
Provision for credit losses on unfunded lending commitments		(8)		105		(118)		108		(19)	NM	(138%)		(106)		89	NM
Total provisions for credit losses and for benefits and claims⁽²⁾		2,476		2,675		2,593		2,723		2,872	5%	16%		4,841		5,595	16%

Operating expenses
Compensation and benefits		6,888		7,058		6,923		7,464		7,633	2%	11%		14,561		15,097	4%
Technology / communication		2,238		2,273		2,278		2,379		2,290	(4%)	2%		4,484		4,669	4%
Premises and equipment		597		606		650		574		615	7%	3%		1,182		1,189	1%
Advertising and marketing		280		282		323		250		269	8%	(4%)		508		519	2%
Restructuring		36		9		(11)		(3)		(2)	33%	NM		261		(5)	NM
Other operating		3,207		2,916		2,907		2,761		2,772	-	(14%)		6,357		5,533	(13%)
Total operating expenses		13,246		13,144		13,070		13,425		13,577	1%	2%		27,353		27,002	(1%)


Income (loss) from continuing operations before income taxes		4,310		4,390		3,802		5,448		5,219	(4%)	21%		8,854		10,667	20%
Provision (benefit) for income taxes		1,047		1,116		912		1,340		1,186	(11%)	13%		2,183		2,526	16%

Income (loss) from continuing operations		3,263		3,274		2,890		4,108		4,033	(2%)	24%		6,671		8,141	22%
Discontinued operations
Income (loss) from discontinued operations		-		(1)		-		(1)		-	100%	-		(1)		(1)	-
Provision (benefit) for income taxes		-		-		-		-		-	-	-		-		-	-
Income (loss) from discontinued operations, net of taxes		-		(1)		-		(1)		-	100%	-		(1)		(1)	-

Net income (loss) before attribution to noncontrolling interests		3,263		3,273		2,890		4,107		4,033	(2%)	24%		6,670		8,140	22%
Noncontrolling interests		46		35		34		43		14	(67%)	(70%)		82		57	(30%)
Citigroup's net income (loss)	$	3,217	$	3,238	$	2,856	$	4,064	$	4,019	(1%)	25%	$	6,588	$	8,083	23%

(1)	This presentation is in accordance with ASC 326, which requires the provision for credit losses on AFS debt securities to be included in revenue.

(2)	This total excludes the provision for credit losses on AFS debt securities, which is disclosed separately above.

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page 2

CITIGROUP CONSOLIDATED BALANCE SHEET

(In millions of dollars)

											2Q25 Increase/
	June 30,		September 30,		December 31,		March 31,		June 30,		(Decrease) from
	2024		2024		2024		2025		2025⁽¹⁾		1Q25	2Q24
Assets
Cash and due from banks (including segregated cash and other deposits)	$	26,917	$	25,266	$	22,782	$	24,463	$	24,991	2%	(7%)
Deposits with banks, net of allowance		219,217		277,828		253,750		283,868		312,482	10%	43%
Securities borrowed and purchased under resale agreements, net of allowance		317,970		285,928		274,062		390,215		323,892	(17%)	2%
Brokerage receivables, net of allowance		64,563		63,653		50,841		57,440		64,029	11%	(1%)
Trading account assets		446,339		458,072		442,747		518,577		568,558	10%	27%
Investments
Available-for-sale debt securities		249,362		234,444		226,876		225,180		235,802	5%	(5%)
Held-to-maturity debt securities, net of allowance		251,125		248,274		242,382		220,385		206,094	(6%)	(18%)
Equity securities		7,789		7,953		7,399		7,323		7,504	2%	(4%)
Total investments		508,276		490,671		476,657		452,888		449,400	(1%)	(12%)
Loans
Consumer⁽²⁾		386,117		389,151		393,102		386,312		395,759	2%	2%
Corporate⁽³⁾		301,605		299,771		301,386		315,744		329,586	4%	9%
Loans, net of unearned income		687,722		688,922		694,488		702,056		725,345	3%	5%
Allowance for credit losses on loans (ACLL)		(18,216)		(18,356)		(18,574)		(18,726)		(19,123)	(2%)	(5%)
Total loans, net		669,506		670,566		675,914		683,330		706,222	3%	5%
Goodwill		19,704		19,691		19,300		19,422		19,878	2%	1%
Intangible assets (including MSRs)		4,226		4,121		4,494		4,430		4,409	-	4%
Premises and equipment, net of depreciation and amortization		29,399		30,096		30,192		30,814		32,312	5%	10%
Other assets, net of allowance		99,569		104,771		102,206		106,067		116,599	10%	17%
Total assets	$	2,405,686	$	2,430,663	$	2,352,945	$	2,571,514	$	2,622,772	2%	9%

Liabilities
Non-interest-bearing deposits in U.S. offices	$	117,607	$	118,034	$	123,338	$	122,472	$	119,898	(2%)	2%
Interest-bearing deposits in U.S. offices		546,772		558,461		551,547		562,628		575,709	2%	5%
Total U.S. deposits		664,379		676,495		674,885		685,100		695,607	2%	5%
Non-interest-bearing deposits in offices outside the U.S.		83,150		84,913		84,349		82,215		86,458	5%	4%
Interest-bearing deposits in offices outside the U.S.		530,608		548,591		525,224		549,095		575,668	5%	8%
Total international deposits		613,758		633,504		609,573		631,310		662,126	5%	8%

Total deposits		1,278,137		1,309,999		1,284,458		1,316,410		1,357,733	3%	6%
Securities loaned and sold under repurchase agreements		305,206		278,377		254,755		403,959		347,913	(14%)	14%
Brokerage payables		73,621		81,186		66,601		78,302		90,949	16%	24%
Trading account liabilities		151,259		142,534		133,846		148,688		163,952	10%	8%
Short-term borrowings		38,694		41,340		48,505		49,139		55,560	13%	44%
Long-term debt		280,321		299,081		287,300		295,684		317,761	7%	13%
Other liabilities, plus allowances⁽⁴⁾		69,304		68,244		68,114		66,074		74,774	13%	8%
Total liabilities	$	2,196,542	$	2,220,761	$	2,143,579	$	2,358,256	$	2,408,642	2%	10%

Stockholders' equity
Preferred stock	$	18,100	$	16,350	$	17,850	$	18,350	$	16,350	(11%)	(10%)
Common stock		31		31		31		31		31	-	-
Additional paid-in capital		108,785		108,969		109,117		108,616		108,839	-	-
Retained earnings		202,913		204,770		206,294		209,013		211,674	1%	4%
Treasury stock, at cost		(74,842)		(75,840)		(76,842)		(77,880)		(79,886)	(3%)	(7%)
Accumulated other comprehensive income (loss) (AOCI)		(46,677)		(45,197)		(47,852)		(45,722)		(43,786)	4%	6%
Total common equity	$	190,210	$	192,733	$	190,748	$	194,058	$	196,872	1%	4%

Total Citigroup stockholders' equity	$	208,310	$	209,083	$	208,598	$	212,408	$	213,222	-	2%
Noncontrolling interests		834		819		768		850		908	7%	9%
Total equity		209,144		209,902		209,366		213,258		214,130	-	2%
Total liabilities and equity	$	2,405,686	$	2,430,663	$	2,352,945	$	2,571,514	$	2,622,772	2%	9%

(1)	June 30, 2025 is preliminary.

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

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

OPERATING SEGMENT, REPORTING UNIT, AND COMPONENT DETAILS

(In millions of dollars)

											2Q25 Increase/		Six		Six		YTD 2025 vs.
	2Q		3Q		4Q		1Q		2Q		(Decrease) from		Months		Months		YTD 2024 Increase/
	2024		2024		2024		2025		2025		1Q25	2Q24	2024		2025		(Decrease)
Revenues, net of interest expense⁽¹⁾
Services	$	4,675	$	5,015	$	5,165	$	4,889	$	5,062	4%	8%	$	9,438	$	9,951	5%
Markets		5,086		4,817		4,576		5,986		5,879	(2%)	16%		10,443		11,865	14%
Banking		1,627		1,597		1,241		1,952		1,921	(2%)	18%		3,363		3,873	15%
Wealth		1,807		1,995		1,994		2,096		2,166	3%	20%		3,494		4,262	22%
U.S. Personal Banking (USPB)		4,832		4,964		5,150		5,228		5,119	(2%)	6%		9,941		10,347	4%
All Other—managed basis⁽²⁾⁽³⁾		1,972		1,820		1,335		1,445		1,698	18%	(14%)		4,348		3,143	(28%)
Reconciling Items—divestiture-related impacts⁽⁴⁾		33		1		4		-		(177)	NM	NM		21		(177)	NM
Total net revenues—reported	$	20,032	$	20,209	$	19,465	$	21,596	$	21,668	-	8%	$	41,048	$	43,264	5%

Income (loss) from continuing operations
Services	$	1,498	$	1,683	$	1,888	$	1,610	$	1,448	(10%)	(3%)	$	3,013	$	3,058	1%
Markets		1,469		1,089		1,026		1,795		1,749	(3%)	19%		2,890		3,544	23%
Banking		409		236		357		542		461	(15%)	13%		936		1,003	7%
Wealth		210		283		334		284		494	74%	135%		385		778	102%
USPB		121		522		392		745		649	(13%)	436%		468		1,394	198%
All Other—managed basis⁽²⁾⁽³⁾		(412)		(494)		(1,071)		(853)		(588)	31%	(43%)		(895)		(1,441)	(61%)
Reconciling Items—divestiture-related impacts⁽⁴⁾		(32)		(45)		(36)		(15)		(180)	NM	(463%)		(126)		(195)	(55%)

Income (loss) from continuing operations—reported		3,263		3,274		2,890		4,108		4,033	(2%)	24%		6,671		8,141	22%

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

Net income (loss) attributable to noncontrolling interests		46		35		34		43		14	(67%)	(70%)		82		57	(30%)

Net income (loss)	$	3,217	$	3,238	$	2,856	$	4,064	$	4,019	(1%)	25%	$	6,588	$	8,083	23%

(1)	See footnote 1 on page 1.

(2)

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.

(3)

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

(4)	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).

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

Page 4

SERVICES

(In millions of dollars, except as otherwise noted)

											2Q25 Increase/		Six		Six		YTD 2025 vs.
	2Q		3Q		4Q		1Q		2Q		(Decrease) from		Months		Months		YTD 2024 Increase/
	2024		2024		2024		2025		2025		1Q25	2Q24	2024		2025		(Decrease)


Net interest income (including dividends)	$	3,225	$	3,435	$	3,446	$	3,498	$	3,630	4%	13%	$	6,542	$	7,128	9%
Fee revenue
Commissions and fees⁽¹⁾		862		834		806		815		904	11%	5%		1,656		1,719	4%
Fiduciary and administrative, and other		695		701		635		658		752	14%	8%		1,380		1,410	2%
Total fee revenue		1,557		1,535		1,441		1,473		1,656	12%	6%		3,036		3,129	3%
Principal transactions		182		266		263		250		210	(16%)	15%		430		460	7%
All other⁽²⁾		(289)		(221)		15		(332)		(434)	(31%)	(50%)		(570)		(766)	(34%)
Total non-interest revenue		1,450		1,580		1,719		1,391		1,432	3%	(1%)		2,896		2,823	(3%)

Total revenues, net of interest expense⁽¹⁾		4,675		5,015		5,165		4,889		5,062	4%	8%		9,438		9,951	5%
Total operating expenses⁽¹⁾		2,729		2,575		2,601		2,584		2,679	4%	(2%)		5,392		5,263	(2%)
Net credit losses (recoveries) on loans		-		14		28		6		20	233%	NM		6		26	333%
Credit reserve build (release) for loans		(100)		7		(71)		24		53	121%	NM		(66)		77	NM
Provision (release) for credit losses on unfunded lending commitments		2		7		(4)		(6)		(6)	-	NM		14		(12)	NM
Provisions for credit losses for other assets and HTM debt securities		71		99		159		27		286	NM	303%		83		313	277%
Provision for credit losses		(27)		127		112		51		353	NM	NM		37		404	NM
Income from continuing operations before taxes		1,973		2,313		2,452		2,254		2,030	(10%)	3%		4,009		4,284	7%
Income taxes		475		630		564		644		582	(10%)	23%		996		1,226	23%
Income from continuing operations		1,498		1,683		1,888		1,610		1,448	(10%)	(3%)		3,013		3,058	1%
Noncontrolling interests		27		32		17		15		16	7%	(41%)		52		31	(40%)
Net income	$	1,471	$	1,651	$	1,871	$	1,595	$	1,432	(10%)	(3%)	$	2,961	$	3,027	2%
EOP assets (in billions)	$	569	$	608	$	584	$	589	$	618	5%	9%
Average assets (in billions)		575		591		596		578		593	3%	3%	$	578	$	586	1%
Efficiency ratio		58%		51%		50%		53%		53%	0 bps	(500) bps		57%		53%	(400) bps
Average allocated TCE (in billions)⁽³⁾	$	24.9	$	24.9	$	24.9	$	24.7	$	24.7	-	(1%)	$	24.9	$	24.7	(1%)
RoTCE⁽²⁾		23.8%		26.4%		29.9%		26.2%		23.3%	(290) bps	(50) bps		23.9%		24.7%	80 bps

Revenue by component
Net interest income	$	2,629	$	2,731	$	2,840	$	2,865	$	2,949	3%	12%	$	5,352	$	5,814	9%
Non-interest revenue		797		896		1,095		775		725	(6%)	(9%)		1,587		1,500	(5%)
Treasury and Trade Solutions (TTS)		3,426		3,627		3,935		3,640		3,674	1%	7%		6,939		7,314	5%
Net interest income		596		704		606		633		681	8%	14%		1,190		1,314	10%
Non-interest revenue		653		684		624		616		707	15%	8%		1,309		1,323	1%
Securities Services		1,249		1,388		1,230		1,249		1,388	11%	11%		2,499		2,637	6%
Total Services	$	4,675	$	5,015	$	5,165	$	4,889	$	5,062	4%	8%	$	9,438	$	9,951	5%

Revenue by geography
North America	$	1,295	$	1,360	$	1,504	$	1,445	$	1,539	7%	19%	$	2,538	$	2,984	18%
International		3,380		3,655		3,661		3,444		3,523	2%	4%		6,900		6,967	1%
Total	$	4,675	$	5,015	$	5,165	$	4,889	$	5,062	4%	8%	$	9,438	$	9,951	5%

Key drivers⁽⁴⁾ (in billions of dollars, except as otherwise noted)
Average loans by component
TTS	$	81	$	86	$	85	$	86	$	93	8%	15%	$	81	$	90	11%
Securities Services		1		1		2		1		1	-	-		1		1	-
Total	$	82	$	87	$	87	$	87	$	94	8%	15%	$	82	$	91	11%

ACLL as a % of EOP loans⁽⁵⁾		0.37%		0.38%		0.30%		0.30%		0.36%	6 bps	(1) bps

Average deposits by component
TTS	$	677	$	690	$	704	$	690	$	713	3%	5%	$	680	$	702	3%
Securities Services		127		135		135		136		144	6%	13%		126		140	11%
Total	$	804	$	825	$	839	$	826	$	857	4%	7%	$	806	$	842	4%

AUC/AUA (in trillions of dollars)⁽⁶⁾	$	24.2	$	26.3	$	25.4	$	26.1	$	28.2	8%	17%
Cross-border transaction value⁽⁷⁾	$	92.7	$	95.0	$	101.3	$	95.1	$	101.3	7%	9%	$	183.4	$	196.4	7%
U.S. dollar clearing volume (in millions)⁽⁸⁾		41.6		42.7		44.1		42.7		44.3	4%	6%		81.2		87.0	7%
Commercial card spend volume	$	18.0	$	18.3	$	17.3	$	17.2	$	17.9	4%	(1%)	$	34.8	$	35.1	1%

(1)	See footnote 1 on page 1.

(2)	Services includes revenues earned by Citigroup that are subject to a revenue sharing arrangement with Banking—Corporate Lending for Investment Banking, Markets, and Services products sold to Corporate Lending clients.

(3)	TCE and RoTCE are non-GAAP financial measures. See page 22 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.

(6)	2Q25 is preliminary.

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

(8)	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)

											2Q25 Increase/		Six		Six		YTD 2025 vs.
	2Q		3Q		4Q		1Q		2Q		(Decrease) from		Months		Months		YTD 2024 Increase/
	2024		2024		2024		2025		2025		1Q25	2Q24	2024		2025		(Decrease)

Net interest income (including dividends)	$	2,038	$	1,405	$	1,856	$	2,013	$	2,902	44%	42%	$	3,744	$	4,915	31%
Fee revenue
Brokerage and fees		346		391		329		400		399	-	15%		682		799	17%
Investment banking fees⁽¹⁾		104		118		104		135		106	(21%)	2%		204		241	18%
Other⁽²⁾		62		64		50		52		51	(2%)	(18%)		124		103	(17%)
Total fee revenue		512		573		483		587		556	(5%)	9%		1,010		1,143	13%

Principal transactions		2,696		2,847		2,480		3,350		2,353	(30%)	(13%)		5,874		5,703	(3%)
All other⁽³⁾		(160)		(8)		(243)		36		68	89%	NM		(185)		104	NM
Total non-interest revenue		3,048		3,412		2,720		3,973		2,977	(25%)	(2%)		6,699		6,950	4%
Total revenues, net of interest expense		5,086		4,817		4,576		5,986		5,879	(2%)	16%		10,443		11,865	14%
Total operating expenses		3,305		3,339		3,174		3,468		3,509	1%	6%		6,689		6,977	4%
Net credit losses (recoveries) on loans		66		24		-		142		8	(94%)	(88%)		144		150	4%
Credit reserve build (release) for loans		(111)		37		167		48		53	10%	NM		9		101	NM
Provision (release) for credit losses on unfunded lending commitments		2		47		(31)		9		(8)	NM	NM		1		1	-
Provisions for credit losses for other assets and HTM debt securities		32		33		(2)		2		55	NM	72%		34		57	68%
Provision for credit losses		(11)		141		134		201		108	(46%)	NM		188		309	64%
Income (loss) from continuing operations before taxes		1,792		1,337		1,268		2,317		2,262	(2%)	26%		3,566		4,579	28%
Income taxes (benefits)		323		248		242		522		513	(2%)	59%		676		1,035	53%
Income (loss) from continuing operations		1,469		1,089		1,026		1,795		1,749	(3%)	19%		2,890		3,544	23%
Noncontrolling interests		26		17		17		13		21	62%	(19%)		41		34	(17%)
Net income (loss)	$	1,443	$	1,072	$	1,009	$	1,782	$	1,728	(3%)	20%	$	2,849	$	3,510	23%
EOP assets (in billions)	$	1,023	$	1,002	$	949	$	1,165	$	1,166	-	14%
Average assets (in billions)		1,064		1,082		1,058		1,121		1,222	9%	15%	$	1,056	$	1,172	11%
Efficiency ratio		65%		69%		69%		58%		60%	200 bps	(500) bps		64%		59%	(500) bps
Average allocated TCE (in billions)⁽⁴⁾	$	54.0	$	54.0	$	54.0	$	50.4	$	50.4	-	(7%)	$	54.0	$	50.4	(7%)
RoTCE⁽⁴⁾		10.7%		7.9%		7.4%		14.3%		13.8%	(50) bps	310 bps		10.6%		14.0%	340 bps

Revenue by component
Fixed Income markets	$	3,564	$	3,578	$	3,478	$	4,477	$	4,268	(5%)	20%	$	7,694	$	8,745	14%
Equity markets		1,522		1,239		1,098		1,509		1,611	7%	6%		2,749		3,120	13%
Total	$	5,086	$	4,817	$	4,576	$	5,986	$	5,879	(2%)	16%	$	10,443	$	11,865	14%

Rates and currencies	$	2,466	$	2,465	$	2,421	$	3,048	$	3,134	3%	27%	$	5,266	$	6,182	17%
Spread products / other fixed income		1,098		1,113		1,057		1,429		1,134	(21%)	3%		2,428		2,563	6%
Total Fixed Income markets revenues	$	3,564	$	3,578	$	3,478	$	4,477	$	4,268	(5%)	20%	$	7,694	$	8,745	14%

Revenue by geography
North America	$	2,031	$	1,773	$	1,691	$	2,176	$	2,130	(2%)	5%	$	4,098	$	4,306	5%
International		3,055		3,044		2,885		3,810		3,749	(2%)	23%		6,345		7,559	19%
Total	$	5,086	$	4,817	$	4,576	$	5,986	$	5,879	(2%)	16%	$	10,443	$	11,865	14%

Key drivers⁽⁵⁾ (in billions of dollars)
Average loans	$	119	$	119	$	122	$	128	$	136	6%	14%	$	120	$	132	10%
NCLs as a % of average loans		0.22%		0.08%		0.00%		0.45%		0.02%	(43) bps	(20) bps		0.24%		0.23%	(1) bps
ACLL as a % of EOP loans⁽⁶⁾		0.74%		0.77%		0.88%		0.89%		0.85%	(4) bps	11 bps
Average trading account assets	$	426	$	462	$	449	$	476	$	549	15%	29%	$	417	$	513	23%

(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)	Markets includes revenues earned by Citigroup that are subject to a revenue sharing arrangement with Banking—Corporate Lending for Investment Banking, Markets, and Services products sold to Corporate Lending clients.

(4)	TCE and RoTCE are non-GAAP financial measures. See page 22 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)	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)

											2Q25 Increase/		Six		Six		YTD 2025 vs.
	2Q		3Q		4Q		1Q		2Q		(Decrease) from		Months		Months		YTD 2024 Increase/
	2024		2024		2024		2025		2025		1Q25	2Q24	2024		2025		(Decrease)

Net interest income (including dividends)	$	527	$	527	$	521	$	491	$	530	8%	1%	$	1,109	$	1,021	(8%)
Fee revenue
Investment banking fees⁽¹⁾		935		999		951		1,104		1,058	(4%)	13%		1,907		2,162	13%
Other⁽²⁾		50		31		51		49		59	20%	18%		92		108	17%
Total fee revenue		985		1,030		1,002		1,153		1,117	(3%)	13%		1,999		2,270	14%
Principal transactions		(126)		(197)		(209)		(90)		(176)	(96%)	(40%)		(353)		(266)	25%
All other⁽³⁾		241		237		(73)		398		450	13%	87%		608		848	39%
Total non-interest revenue		1,100		1,070		720		1,461		1,391	(5%)	26%		2,254		2,852	27%

Total revenues, net of interest expense		1,627		1,597		1,241		1,952		1,921	(2%)	18%		3,363		3,873	15%
Total operating expenses		1,131		1,116		1,051		1,034		1,137	10%	1%		2,310		2,171	(6%)

Net credit losses on loans		40		36		7		34		16	(53%)	(60%)		106		50	(53%)
Credit reserve build (release) for loans		(51)		62		(122)		78		137	76%	NM		(140)		215	NM
Provision (release) for credit losses on unfunded lending commitments		(9)		59		(82)		107		2	(98%)	NM		(105)		109	NM
Provisions for credit losses for other assets and HTM debt securities		(12)		20		(43)		(5)		18	NM	NM		(22)		13	NM
Provision for credit losses		(32)		177		(240)		214		173	(19%)	NM		(161)		387	NM
Income (loss) from continuing operations before taxes		528		304		430		704		611	(13%)	16%		1,214		1,315	8%
Income taxes (benefits)		119		68		73		162		150	(7%)	26%		278		312	12%
Income (loss) from continuing operations		409		236		357		542		461	(15%)	13%		936		1,003	7%
Noncontrolling interests		3		(2)		1		(1)		(2)	(100%)	NM		6		(3)	NM
Net income (loss)	$	406	$	238	$	356	$	543	$	463	(15%)	14%	$	930	$	1,006	8%
EOP assets (in billions)	$	147	$	151	$	143	$	147	$	148	1%	1%
Average assets (in billions)		152		152		149		144		150	4%	(1%)	$	153	$	147	(4%)
Efficiency ratio		70%		70%		85%		53%		59%	600 bps	(1,100) bps		69%		56%	(1,300) bps
Average allocated TCE (in billions)⁽⁴⁾	$	21.8	$	21.8	$	21.8	$	20.6	$	20.6	-	(6%)	$	21.8	$	20.6	(6%)
RoTCE⁽⁴⁾		7.5%		4.3%		6.5%		10.7%		9.0%	(170) bps	150 bps		8.6%		9.8%	120 bps

Revenue by component
Total Investment Banking	$	853	$	934	$	925	$	1,035	$	981	(5%)	15%	$	1,778	$	2,016	13%
Corporate Lending—excluding gain/(loss) on loan hedges⁽³⁾⁽⁵⁾		765		742		322		903		1,002	11%	31%		1,680		1,905	13%
Total Banking revenues (ex-gain/(loss) on loan hedges)⁽³⁾⁽⁵⁾		1,618		1,676		1,247		1,938		1,983	2%	23%		3,458		3,921	13%
Gain/(loss) on loan hedges⁽³⁾⁽⁵⁾		9		(79)		(6)		14		(62)	NM	NM		(95)		(48)	49%
Total Banking revenues including gain/(loss) on loan hedges⁽³⁾⁽⁵⁾	$	1,627	$	1,597	$	1,241	$	1,952	$	1,921	(2%)	18%	$	3,363	$	3,873	15%

Business metrics—investment banking fees
Advisory	$	268	$	394	$	353	$	424	$	408	(4%)	52%	$	498	$	832	67%
Equity underwriting (Equity Capital Markets (ECM))		174		129		214		127		218	72%	25%		345		345	-
Debt underwriting (Debt Capital Markets (DCM))		493		476		384		553		432	(22%)	(12%)		1,064		985	(7%)
Total	$	935	$	999	$	951	$	1,104	$	1,058	(4%)	13%	$	1,907	$	2,162	13%

Revenue by geography
North America	$	749	$	837	$	738	$	989	$	781	(21%)	4%	$	1,522	$	1,770	16%
International		878		760		503		963		1,140	18%	30%		1,841		2,103	14%
Total	$	1,627	$	1,597	$	1,241	$	1,952	$	1,921	(2%)	18%	$	3,363	$	3,873	15%

Key drivers⁽⁶⁾ (in billions of dollars)
Average loans	$	89	$	88	$	84	$	82	$	84	2%	(6%)	$	89	$	83	(7%)
NCLs as a % of average loans		0.18%		0.16%		0.03%		0.17%		0.08%	(9) bps	(10) bps		0.24%		0.12%	(12) bps
ACLL as a % of EOP loans⁽⁷⁾		1.42%		1.54%		1.42%		1.54%		1.72%	18 bps	30 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)	Banking includes revenues earned by Citigroup that are subject to a revenue sharing arrangement with Banking—Corporate Lending for Investment Banking, Markets, and Services products sold to Corporate Lending clients.

(4)	TCE and RoTCE are non-GAAP financial measures. See page 22 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)

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.

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

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

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page 7

WEALTH

(In millions of dollars, except as otherwise noted)

											2Q25 Increase/		Six		Six		YTD 2025 vs.
	2Q		3Q		4Q		1Q		2Q		(Decrease) from		Months		Months		YTD 2024 Increase/
	2024		2024		2024		2025		2025		1Q25	2Q24	2024		2025		(Decrease)

Net interest income	$	1,047	$	1,233	$	1,247	$	1,274	$	1,278	-	22%	$	2,028	$	2,552	26%
Fee revenue
Commissions and fees⁽¹⁾		342		342		358		399		370	(7%)	8%		680		769	13%
Other⁽²⁾		232		241		245		247		245	(1%)	6%		463		492	6%
Total fee revenue		574		583		603		646		615	(5%)	7%		1,143		1,261	10%
All other⁽³⁾		186		179		144		176		273	55%	47%		323		449	39%
Total non-interest revenue		760		762		747		822		888	8%	17%		1,466		1,710	17%

Total revenues, net of interest expense⁽¹⁾		1,807		1,995		1,994		2,096		2,166	3%	20%		3,494		4,262	22%

Total operating expenses⁽¹⁾		1,535		1,594		1,561		1,639		1,558	(5%)	1%		3,171		3,197	1%
Net credit losses on loans		35		27		30		38		40	5%	14%		64		78	22%
Credit reserve build (release) for loans		(43)		8		(11)		61		(64)	NM	(49%)		(233)		(3)	99%
Provision (release) for credit losses on unfunded lending commitments		-		(1)		-		(1)		(2)	(100%)	NM		(8)		(3)	63%
Provisions for benefits and claims (PBC), and other assets		(1)		(1)		1		-		-	-	100%		(2)		-	100%
Provisions for credit losses and for PBC		(9)		33		20		98		(26)	NM	(189%)		(179)		72	NM
Income from continuing operations before taxes		281		368		413		359		634	77%	126%		502		993	98%
Income taxes		71		85		79		75		140	87%	97%		117		215	84%
Income from continuing operations		210		283		334		284		494	74%	135%		385		778	102%
Noncontrolling interests		-		-		-		-		-	-	-		-		-	-
Net income	$	210	$	283	$	334	$	284	$	494	74%	135%	$	385	$	778	102%
EOP assets (in billions)	$	228	$	230	$	224	$	224	$	228	2%	-
Average assets (in billions)		230		229		227		223		226	1%	(2%)	$	233	$	225	(3%)
Efficiency ratio		85%		80%		78%		78%		72%	(600) bps	(1,300) bps		91%		75%	(1,600) bps
Average allocated TCE (in billions)⁽⁴⁾	$	13.2	$	13.2	$	13.2	$	12.3	$	12.3	-	(7%)	$	13.2	$	12.3	(7%)
RoTCE⁽⁴⁾		6.4%		8.5%		10.1%		9.4%		16.1%	670 bps	970 bps		5.9%		12.8%	690 bps

Revenue by component
Private Bank	$	611	$	614	$	590	$	664	$	731	10%	20%	$	1,182	$	1,395	18%
Citigold		1,001		1,137		1,148		1,164		1,214	4%	21%		1,936		2,378	23%
Wealth at Work		195		244		256		268		221	(18%)	13%		376		489	30%
Total	$	1,807	$	1,995	$	1,994	$	2,096	$	2,166	3%	20%	$	3,494	$	4,262	22%

Revenue by geography
North America	$	847	$	1,000	$	1,008	$	1,073	$	1,081	1%	28%	$	1,620	$	2,154	33%
International		960		995		986		1,023		1,085	6%	13%		1,874		2,108	12%
Total	$	1,807	$	1,995	$	1,994	$	2,096	$	2,166	3%	20%	$	3,494	$	4,262	22%

Key drivers⁽⁵⁾ (in billions of dollars)

EOP client balances
Client investment assets⁽⁶⁾⁽⁷⁾	$	541	$	580	$	587	$	595	$	635	7%	17%
Deposits		318		316		313		309		310	-	(3%)
Loans		150		151		148		147		151	2%	-
Total	$	1,009	$	1,047	$	1,048	$	1,051	$	1,096	4%	9%

Average loans	$	150	$	150	$	148	$	147	$	149	1%	(1%)	$	150	$	148	(1%)
ACLL as a % of EOP loans		0.35%		0.36%		0.36%		0.40%		0.36%	(4) bps	1 bps

(1)	See footnote 1 on page 1.

(2)	Primarily related to fiduciary and administrative fees.

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

(4)	TCE and RoTCE are non-GAAP financial measures. See page 22 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)	Includes assets under management, and trust and custody assets.

(7)	2Q25 is preliminary.

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page 8

U.S. PERSONAL BANKING

(In millions of dollars, except as otherwise noted)

											2Q25 Increase/		Six		Six		YTD 2025 vs.
	2Q		3Q		4Q		1Q		2Q		(Decrease) from		Months		Months		YTD 2024 Increase/
	2024		2024		2024		2025		2025		1Q25	2Q24	2024		2025		(Decrease)

Net interest income	$	5,103	$	5,293	$	5,481	$	5,541	$	5,471	(1%)	7%	$	10,329	$	11,012	7%
Fee revenue
Interchange fees⁽¹⁾⁽²⁾		2,437		2,388		2,483		2,324		2,499	8%	3%		4,720		4,823	2%
Card rewards and partner payments		(2,847)		(2,839)		(2,960)		(2,821)		(3,008)	(7%)	(6%)		(5,427)		(5,829)	(7%)
Other⁽²⁾		114		110		139		143		147	3%	29%		219		290	32%
Total fee revenue		(296)		(341)		(338)		(354)		(362)	(2%)	(22%)		(488)		(716)	(47%)
All other⁽³⁾		25		12		7		41		10	(76%)	(60%)		100		51	(49%)
Total non-interest revenue		(271)		(329)		(331)		(313)		(352)	(12%)	(30%)		(388)		(665)	(71%)

Total revenues, net of interest expense		4,832		4,964		5,150		5,228		5,119	(2%)	6%		9,941		10,347	4%

Total operating expenses⁽¹⁾		2,355		2,376		2,465		2,442		2,381	(2%)	1%		4,805		4,823	-

Net credit losses on loans		1,931		1,864		1,920		1,983		1,889	(5%)	(2%)		3,795		3,872	2%
Credit reserve build (release) for loans		382		41		246		(171)		(6)	96%	NM		719		(177)	NM
Provision (release) for credit losses on unfunded lending commit.		-		-		-		-		1	NM	NM		-		1	NM
Provisions for benefits and claims (PBC), and other assets		2		4		4		(1)		1	NM	(50%)		5		-	(100%)
Provisions for credit losses and for PBC		2,315		1,909		2,170		1,811		1,885	4%	(19%)		4,519		3,696	(18%)
Income from continuing operations before taxes		162		679		515		975		853	(13%)	427%		617		1,828	196%
Income taxes		41		157		123		230		204	(11%)	398%		149		434	191%
Income from continuing operations		121		522		392		745		649	(13%)	436%		468		1,394	198%
Noncontrolling interests		-		-		-		-		-	-	-		-		-	-
Net income	$	121	$	522	$	392	$	745	$	649	(13%)	436%	$	468	$	1,394	198%
EOP assets (in billions)	$	242	$	245	$	252	$	244	$	251	3%	4%
Average assets (in billions)		239		244		249		247		247	-	3%	$	236	$	247	5%
Efficiency ratio		49%		48%		48%		47%		47%	0 bps	(200) bps		48%		47%	(100) bps
Average allocated TCE (in billions)⁽⁴⁾	$	25.2	$	25.2	$	25.2	$	23.4	$	23.4	-	(7%)	$	25.2	$	23.4	(7%)
RoTCE⁽⁴⁾		1.9%		8.2%		6.2%		12.9%		11.1%	(180) bps	920 bps		3.7%		12.0%	830 bps

Revenue by component
Branded Cards⁽¹⁾⁽⁵⁾	$	2,536	$	2,741	$	2,806	$	2,892	$	2,822	(2%)	11%	$	5,188	$	5,714	10%
Retail Services⁽¹⁾⁽⁵⁾		1,735		1,704		1,741		1,675		1,649	(2%)	(5%)		3,625		3,324	(8%)
Retail Banking⁽¹⁾⁽⁵⁾		561		519		603		661		648	(2%)	16%		1,128		1,309	16%
Total	$	4,832	$	4,964	$	5,150	$	5,228	$	5,119	(2%)	6%	$	9,941	$	10,347	4%

Average loans and deposits⁽⁶⁾(in billions)
Average loans	$	206	$	210	$	216	$	216	$	217	-	5%	$	205	$	217	6%
ACLL as a % of EOP loans⁽⁷⁾		6.60%		6.52%		6.38%		6.51%		6.34%	(17) bps	(26) bps
Average deposits		93		85		86		89		90	1%	(3%)		97		90	(7%)

(1)	See footnote 1 on page 1.

(2)	Primarily related to retail banking and credit card-related fees.

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

(4)	TCE and RoTCE are non-GAAP financial measures. See page 22 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)	Effective January 1, 2025, USPB changed its reporting for certain installment lending products that were transferred from Retail Banking to Branded Cards and Retail Services to reflect where these products are managed. Prior periods were conformed to reflect this change.

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

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

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page 9

U.S. PERSONAL BANKING

Metrics

											2Q25 Increase/
	2Q		3Q		4Q		1Q		2Q		(Decrease) from
U.S. Personal Banking Key Drivers)⁽¹⁾⁽²⁾ (in billions of dollars, except as otherwise noted)	2024		2024		2024		2025		2025		1Q25	2Q24

New credit cards account acquisitions (in thousands)
Branded Cards		1,144		1,224		1,129		1,300		1,194	(8%)	4%
Retail Services		2,034		1,799		2,391		1,540		2,061	34%	1%
Credit card spend volume
Branded Cards	$	130.9	$	128.9	$	135.4	$	125.1	$	135.8	9%	4%
Retail Services		23.7		21.7		25.2		19.0		22.9	21%	(3%)
Average loans⁽³⁾
Branded Cards	$	112.8	$	114.8	$	116.9	$	116.7	$	118.0	1%	5%
Credit cards		109.3		111.1		113.1		112.9		114.3	1%	5%
Personal installment loans (PIL)		3.5		3.7		3.8		3.8		3.7	(3%)	6%
Retail Services		51.0		51.2		51.9		51.3		50.2	(2%)	(2%)
Retail Banking		42.5		44.3		46.8		47.9		48.7	2%	15%
EOP loans⁽³⁾
Branded Cards	$	115.3	$	115.9	$	121.1	$	116.3	$	120.2	3%	4%
Credit cards		111.8		112.1		117.3		112.6		116.6	4%	4%
PIL		3.5		3.8		3.8		3.7		3.6	(3%)	3%
Retail Services		51.7		51.6		53.8		50.2		50.7	1%	(2%)
Retail Banking		42.7		45.6		46.8		48.2		49.3	2%	15%
Total revenues, net of interest expenses as a % of average loans
Branded Cards		9.04%		9.50%		9.55%		10.05%		9.59%	(46) bps	55 bps
Retail Services		13.68%		13.24%		13.35%		13.24%		13.18%	(6) bps	(50) bps
NII as a % of average loans⁽⁴⁾
Branded Cards		8.92%		9.18%		9.36%		9.79%		9.53%	(26) bps	61 bps
Retail Services		16.92%		17.12%		17.06%		17.13%		16.89%	(24) bps	(3) bps
NCLs as a % of average loans
Branded Cards		3.88%		3.63%		3.63%		3.97%		3.80%	(17) bps	(8) bps
Credit cards		3.82%		3.56%		3.55%		3.89%		3.73%	(16) bps	(9) bps
PIL		5.86%		5.70%		6.18%		6.19%		6.18%	(1) bps	32 bps
Retail Services		6.45%		6.14%		6.21%		6.43%		5.89%	(54) bps	(56) bps
Retail Banking		0.24%		0.24%		0.36%		0.25%		0.27%	2 bps	3 bps
Loans 90+ days past due as a % of EOP loans
Branded Cards		1.07%		1.09%		1.16%		1.18%		1.09%	(9) bps	2 bps
Credit cards		1.09%		1.11%		1.18%		1.20%		1.11%	(9) bps	2 bps
PIL		0.46%		0.50%		0.55%		0.49%		0.58%	9 bps	12 bps
Retail Services		2.36%		2.45%		2.46%		2.38%		2.15%	(23) bps	(21) bps
Retail Banking⁽⁵⁾		0.35%		0.33%		0.31%		0.33%		0.40%	7 bps	5 bps
Loans 30-89 days past due as a % of EOP loans
Branded Cards		0.95%		1.06%		1.04%		1.03%		0.97%	(6) bps	2 bps
Credit cards		0.94%		1.05%		1.03%		1.02%		0.96%	(6) bps	2 bps
PIL		1.23%		1.32%		1.34%		1.38%		1.39%	1 bps	16 bps
Retail Services		2.06%		2.29%		2.09%		2.12%		1.96%	(16) bps	(10) bps
Retail Banking⁽⁵⁾		0.50%		0.42%		0.48%		0.56%		0.45%	(11) bps	(5) bps
Branches (actual)		641		641		642		644		650	1%	1%
Mortgage originations	$	4.3	$	4.6	$	4.2	$	2.8	$	4.7	68%	9%

(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)	See footnote 5 on page 9.

(3)	Average loans, EOP loans and the related consumer delinquency amounts and ratios include interest and fees receivables balances.

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

(5)	Excludes U.S. government-sponsored agency guaranteed loans.

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)

											2Q25 Increase/		Six		Six		YTD 2025 vs.
	2Q		3Q		4Q		1Q		2Q		(Decrease) from		Months		Months		YTD 2024 Increase/
	2024		2024		2024		2025		2025		1Q25	2Q24	2024		2025		(Decrease)

Net interest income	$	1,553	$	1,469	$	1,182	$	1,195	$	1,364	14%	(12%)	$	3,248	$	2,559	(21%)
Non-interest revenue⁽⁴⁾⁽⁵⁾		419		351		153		250		334	34%	(20%)		1,100		584	(47%)
Total revenues, net of interest expense		1,972		1,820		1,335		1,445		1,698	18%	(14%)		4,348		3,143	(28%)
Total operating expenses^{(4)(5)(6)(7)(8)(9)}		2,106		2,077		2,162		2,224		2,276	2%	8%		4,791		4,500	(6%)
Net credit losses on loans		214		208		257		256		256	-	20%		463		512	11%
Credit reserve build (release) for loans		(1)		55		112		73		70	(4%)	NM		(94)		143	NM
Provision (release) for credit losses on unfunded lending commitments		(3)		(7)		(1)		(1)		(6)	(500%)	(100%)		(8)		(7)	13%
Provisions for benefits and claims, other assets and HTM debt securities		33		33		29		31		54	74%	64%		68		85	25%
Provisions for credit losses and for benefits and claims (PBC)		243		289		397		359		374	4%	54%		429		733	71%
Income (loss) from continuing operations before taxes		(377)		(546)		(1,224)		(1,138)		(952)	16%	(153%)		(872)		(2,090)	(140%)
Income taxes (benefits)		35		(52)		(153)		(285)		(364)	(28%)	NM		23		(649)	NM
Income (loss) from continuing operations		(412)		(494)		(1,071)		(853)		(588)	31%	(43%)		(895)		(1,441)	(61%)
Income (loss) from discontinued operations, net of taxes		-		(1)		-		(1)		-	100%	-		(1)		(1)	-
Noncontrolling interests		(10)		(12)		(1)		16		(21)	NM	(110%)		(17)		(5)	71%
Net income (loss)	$	(402)	$	(483)	$	(1,070)	$	(870)	$	(567)	35%	(41%)	$	(879)	$	(1,437)	(63%)
EOP assets (in billions)	$	197	$	195	$	201	$	203	$	212	4%	8%
Average assets (in billions)		197		194		196		204		210	3%	7%	$	197	$	206	5%
Efficiency ratio		107%		114%		162%		154%		134%	(2,000) bps	2,700 bps		110%		143%	3,300 bps
Average allocated TCE (in billions)⁽¹⁰⁾	$	27.0	$	29.2	$	29.5	$	37.9	$	40.7	7%	51%	$	26.3	$	39.3	49%

Revenue by reporting unit and component
Banamex	$	1,633	$	1,523	$	1,422	$	1,467	$	1,536	5%	(6%)	$	3,196	$	3,003	(6%)
Asia Consumer⁽¹¹⁾		219		191		150		135		155	15%	(29%)		471		290	(38%)
Legacy Holdings Assets (LHA)		(133)		20		(9)		19		-	(100%)	100%		(129)		19	NM
Corporate/Other		253		86		(228)		(176)		7	NM	(97%)		810		(169)	NM
Total	$	1,972	$	1,820	$	1,335	$	1,445	$	1,698	18%	(14%)	$	4,348	$	3,143	(28%)

Banamex—key indicators (in billions of dollars)
EOP loans	$	24.5	$	23.5	$	23.1	$	24.1	$	26.8	11%	9%
EOP deposits		37.6		34.6		34.1		35.3		38.4	9%	2%
Average loans		25.3		23.9		23.4		23.7		25.5	8%	1%
NCLs as a % of average loans (Banamex Consumer only)		4.30%		4.36%		4.81%		5.51%		5.28%	(23) bps	98 bps
Loans 90+ days past due as a % of EOP loans (Banamex Consumer only)		1.32%		1.37%		1.43%		1.41%		1.58%	17 bps	26 bps
Loans 30-89 days past due as a % of EOP loans (Banamex Consumer only)		1.33%		1.47%		1.41%		1.46%		1.52%	6 bps	19 bps

Asia Consumer—key indicators (in billions of dollars)^(12)(13)
EOP loans	$	5.6	$	5.5	$	4.7	$	4.5	$	3.0	(33%)	(46%)
EOP deposits		8.3		8.4		7.5		7.4		1.5	(80%)	(82%)
Average loans		6.1		5.6		5.1		4.7		4.0	(15%)	(34%)

Legacy Holdings Assets—key indicators (in billions of dollars)
EOP loans	$	2.4	$	2.5	$	2.2	$	2.2	$	2.1	(5%)	(13%)

(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.

(2)	Reflects results on a managed basis, which excludes divestiture-related impacts related to Citi's divestitures of its Asia consumer banking businesses and the planned divestiture of Banamex 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)	See footnote 1 on page 1.

(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 22 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)

											2Q25 Increase/		Six		Six		YTD 2025 vs.
	2Q		3Q		4Q		1Q		2Q		(Decrease) from		Months		Months		YTD 2024 Increase/
	2024		2024		2024		2025		2025		1Q25	2Q24	2024		2025		(Decrease)
Net interest income	$	1,196	$	1,253	$	1,160	$	1,167	$	1,271	9%	6%	$	2,474	$	2,438	(1%)
Non-interest revenue⁽⁴⁾⁽⁵⁾		523		481		403		454		420	(7%)	(20%)		1,064		874	(18%)
Total revenues, net of interest expense		1,719		1,734		1,563		1,621		1,691	4%	(2%)		3,538		3,312	(6%)
Total operating expenses^{(4)(5)(6)(7)(8)(9)}		1,550		1,475		1,381		1,334		1,287	(4%)	(17%)		3,155		2,621	(17%)
Net credit losses on loans		214		208		257		256		256	—	20%		463		512	11%
Credit reserve build (release) for loans		(1)		55		112		73		70	(4%)	NM		(94)		143	NM
Provision (release) for credit losses on unfunded lending commitments		(3)		(7)		(1)		(1)		(6)	(500%)	(100%)		(8)		(7)	13%
Provisions for benefits and claims (PBC), other assets and HTM debt securities		28		35		25		30		51	70%	82%		65		81	25%
Provisions for credit losses and for PBC		238		291		393		358		371	4%	56%		426		729	71%
Income (loss) from continuing operations before taxes		(69)		(32)		(211)		(71)		33	NM	NM		(43)		(38)	12%
Income taxes (benefits)		(11)		(1)		(53)		(25)		(5)	80%	55%		12		(30)	NM
Income (loss) from continuing operations		(58)		(31)		(158)		(46)		38	NM	NM		(55)		(8)	85%
Noncontrolling interests		-		-		3		14		(22)	NM	NM		2		(8)	NM
Net income (loss)	$	(58)	$	(31)	$	(161)	$	(60)	$	60	NM	NM	$	(57)	$	-	100%
EOP assets (in billions)	$	72	$	69	$	74	$	77	$	83	8%	15%
Average assets (in billions)		77		70		72		77		81	5%	5%	$	78	$	79	1%
Efficiency ratio		90%		85%		88%		82%		76%	(600) bps	(1,400) bps		89%		79%	(1,000) bps
Allocated TCE (in billions)⁽¹⁰⁾	$	6.2	$	6.2	$	6.2	$	5.1	$	5.1	-	(18%)	$	6.2	$	5.1	(18%)

Revenue by reporting unit and component
Banamex⁽³⁾	$	1,633	$	1,523	$	1,422	$	1,467	$	1,536	5%	(6%)	$	3,196	$	3,003	(6%)
Asia Consumer⁽¹¹⁾		219		191		150		135		155	15%	(29%)		471		290	(38%)
Legacy Holdings Assets (LHA)		(133)		20		(9)		19		-	(100%)	100%		(129)		19	NM
Total	$	1,719	$	1,734	$	1,563	$	1,621	$	1,691	4%	(2%)	$	3,538	$	3,312	(6%)

Banamex⁽³⁾—key indicators (in billions of dollars)
EOP loans	$	24.5	$	23.5	$	23.1	$	24.1	$	26.8	11%	9%
EOP deposits		37.6		34.6		34.1		35.3		38.4	9%	2%
Average loans		25.3		23.9		23.4		23.7		25.5	8%	1%
NCLs as a % of average loans (Banamex Consumer only)		4.30%		4.36%		4.81%		5.51%		5.28%	(23) bps	98 bps
Loans 90+ days past due as a % of EOP loans (Banamex Consumer only)		1.32%		1.37%		1.43%		1.41%		1.58%	17 bps	26 bps
Loans 30-89 days past due as a % of EOP loans (Banamex Consumer only)		1.33%		1.47%		1.41%		1.46%		1.52%	6 bps	19 bps

Asia Consumer—key indicators (in billions of dollars)^(12)(13)
EOP loans	$	5.6	$	5.5	$	4.7	$	4.5	$	3.0	(33%)	(46%)
EOP deposits		8.3		8.4		7.5		7.4		1.5	(80%)	(82%)
Average loans		6.1		5.6		5.1		4.7		4.0	(15%)	(34%)

Legacy Holdings Assets—key indicators (in billions of dollars)
EOP loans	$	2.4	$	2.5	$	2.2	$	2.2	$	2.1	(5%)	(13%)

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

(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); Banamex (consists of Mexico consumer banking (Banamex Consumer) and Small Business and Middle-Market Banking (Banamex SBMM), collectively (Banamex)); and Legacy Holdings Assets (primarily North America consumer mortgage loans, Citigroup's U.K. consumer banking business and other legacy assets).

(4)	See footnote 1 on page 1.

(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 22 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)

											2Q25 Increase/		Six		Six		YTD 2025 vs.
	2Q		3Q		4Q		1Q		2Q		(Decrease) from		Months		Months		YTD 2024 Increase/
	2024		2024		2024		2025		2025		1Q25	2Q24	2024		2025		(Decrease)

Net interest income	$	357	$	216	$	22	$	28	$	93	232%	(74%)	$	774	$	121	(84%)
Non-interest revenue		(104)		(130)		(250)		(204)		(86)	58%	17%		36		(290)	NM
Total revenues, net of interest expense		253		86		(228)		(176)		7	NM	(97%)		810		(169)	NM
Total operating expenses		556		602		781		890		989	11%	78%		1,636		1,879	15%
Provisions for other assets and HTM debt securities		5		(2)		4		1		3	200%	(40%)		3		4	33%
Income (loss) from continuing operations before taxes		(308)		(514)		(1,013)		(1,067)		(985)	8%	(220%)		(829)		(2,052)	(148%)
Income taxes (benefits)		46		(51)		(100)		(260)		(359)	(38%)	NM		11		(619)	NM
Income (loss) from continuing operations		(354)		(463)		(913)		(807)		(626)	22%	(77%)		(840)		(1,433)	(71%)
Income (loss) from discontinued operations, net of taxes		-		(1)		-		(1)		-	100%	-		(1)		(1)	-
Noncontrolling interests		(10)		(12)		(4)		2		1	(50%)	NM		(19)		3	NM
Net income (loss)	$	(344)	$	(452)	$	(909)	$	(810)	$	(627)	23%	(82%)	$	(822)	$	(1,437)	(75%)

EOP assets (in billions)	$	125	$	126	$	127	$	126	$	129	2%	3%
Average allocated TCE (in billions)⁽²⁾		20.8		23.0		23.3		32.8		35.6	9%	71%	$	20.1	$	34.2	70%

(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 22 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

RECONCILING ITEMS⁽¹⁾

Divestiture-Related Impacts

(In millions of dollars, except as otherwise noted)

											2Q25 Increase/		Six		Six		YTD 2025 vs.
	2Q		3Q		4Q		1Q		2Q		(Decrease) from		Months		Months		YTD 2024 Increase/
	2024		2024		2024		2025		2025		1Q25	2Q24	2024		2025		(Decrease)

Net interest income	$	-	$	-	$	-	$	-	$	-	-	-	$	-	$	-	-
Non-interest revenue⁽²⁾		33		1		4		-		(177)	NM	NM		21		(177)	NM
Total revenues, net of interest expense		33		1		4		-		(177)	NM	NM		21		(177)	NM
Total operating expenses^{(2)(3)(4)(5)(6)}		85		67		56		34		37	9%	(56%)		195		71	(64%)
Net credit losses on loans		(3)		(1)		-		-		5	NM	NM		8		5	(38%)
Credit reserve build (release) for loans		-		-		-		(11)		-	100%	-		-		(11)	NM
Provision (release) for credit losses on unfunded lending commitments		-		-		-		-		-	-	-		-		-	-
Provisions for benefits and claims, other assets and HTM debt securities		-		-		-		-		-	-	-		-		-	-
Provisions for credit losses and for benefits and claims (PBC)		(3)		(1)		-		(11)		5	NM	NM		8		(6)	NM
Income (loss) from continuing operations before taxes		(49)		(65)		(52)		(23)		(219)	NM	(347%)		(182)		(242)	(33%)
Income taxes (benefits)		(17)		(20)		(16)		(8)		(39)	(388%)	(129%)		(56)		(47)	16%
Income (loss) from continuing operations		(32)		(45)		(36)		(15)		(180)	NM	(463%)		(126)		(195)	(55%)
Income (loss) from discontinued operations, net of taxes		-		-		-		-		-	-	-		-		-	-
Noncontrolling interests		-		-		-		-		-	-	-		-		-	-
Net income (loss)	$	(32)	$	(45)	$	(36)	$	(15)	$	(180)	NM	(463%)	$	(126)	$	(195)	(55%)

(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 approximately $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.

(3)

2Q24 includes approximately $85 million in operating expenses (approximately $58 million after-tax), primarily 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 June 30, 2024.

(4)

3Q24 includes approximately $67 million in operating expenses (approximately $46 million after-tax), primarily 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 September 30, 2024.

(5)	4Q24 includes approximately $56 million in operating expenses (approximately $39 million after-tax), primarily related to separation costs in Mexico and severance costs in the Asia exit markets. For additional information, see Citi's Annual Report on Form 10-K for the year ended December 31, 2024.

(6)

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.

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page 14

EOP LOANS⁽¹⁾⁽²⁾

(In billions of dollars)

											2Q25 Increase/
	2Q		3Q		4Q		1Q		2Q		(Decrease) from
	2024		2024		2024		2025		2025		1Q25	2Q24


Corporate loans by region
North America	$	129.6	$	127.5	$	130.8	$	138.7	$	146.5	6%	13%
International		172.0		172.3		170.6		177.0		183.1	3%	6%
Total corporate loans	$	301.6	$	299.8	$	301.4	$	315.7	$	329.6	4%	9%

Corporate loans by segment and reporting unit
Services	$	88.9	$	88.7	$	87.9	$	98.0	$	96.4	(2%)	8%
Markets		119.5		120.0		125.3		129.8		144.3	11%	21%
Banking		86.7		84.7		82.1		81.4		81.9	1%	(6%)
All Other - Legacy Franchises - Banamex SBMM & AFG⁽³⁾		6.5		6.4		6.1		6.5		7.0	8%	8%
Total corporate loans	$	301.6	$	299.8	$	301.4	$	315.7	$	329.6	4%	9%

Wealth by region
North America	$	100.9	$	99.8	$	98.0	$	96.7	$	98.0	1%	(3%)
International		49.5		51.2		49.5		50.6		52.7	4%	6%
Total	$	150.4	$	151.0	$	147.5	$	147.3	$	150.7	2%	-

USPB⁽⁴⁾
Branded Cards	$	115.3	$	115.9	$	121.1	$	116.3	$	120.2	3%	4%
Credit cards		111.8		112.1		117.3		112.6		116.6	4%	4%
Personal installment loans (PIL)		3.5		3.8		3.8		3.7		3.6	(3%)	3%
Retail Services		51.7		51.6		53.8		50.2		50.7	1%	(2%)
Retail Banking		42.7		45.6		46.8		48.2		49.3	2%	15%
Total	$	209.7	$	213.1	$	221.7	$	214.7	$	220.2	3%	5%

All Other—Consumer
Banamex Consumer	$	18.2	$	17.4	$	17.2	$	17.9	$	20.0	12%	10%
Asia Consumer⁽⁵⁾		5.6		5.5		4.7		4.5		3.0	(33%)	(46%)
Legacy Holdings Assets (LHA)		2.2		2.2		2.0		1.9		1.9	-	(14%)
Total	$	26.0	$	25.1	$	23.9	$	24.3	$	24.9	2%	(4%)

Total consumer loans	$	386.1	$	389.2	$	393.1	$	386.3	$	395.8	2%	2%

Total loans—EOP	$	687.7	$	688.9	$	694.5	$	702.1	$	725.3	3%	5%

Total loans—average	$	679.6	$	686.5	$	688.0	$	690.7	$	712.2	3%	5%

NCLs as a % of total average loans		1.35%		1.26%		1.30%		1.44%		1.26%	(18) bps	(9) bps

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

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

(3)	Includes Legacy Franchises corporate loans activity related to Banamex 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)	See footnote 5 on page 9.

(5)	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

EOP DEPOSITS

(In billions of dollars)

											2Q25 Increase/
	2Q		3Q		4Q		1Q		2Q		(Decrease) from
	2024		2024		2024		2025		2025		1Q25	2Q24

Services, Markets, and Banking by region
North America	$	376.1	$	394.7	$	397.8	$	406.2	$	414.4	2%	10%
International		431.0		444.9		422.5		444.4		477.2	7%	11%
Total	$	807.1	$	839.6	$	820.3	$	850.6	$	891.6	5%	10%

Treasury and Trade Solutions	$	655.1	$	683.7	$	680.7	$	692.1	$	726.4	5%	11%
Securities Services		127.8		142.0		126.3		140.9		148.1	5%	16%
Services	$	782.9	$	825.7	$	807.0	$	833.0	$	874.5	5%	12%
Markets⁽¹⁾		23.7		13.4		12.7		17.1		16.7	(2%)	(30%)
Banking		0.5		0.5		0.6		0.5		0.4	(20%)	(20%)
Total	$	807.1	$	839.6	$	820.3	$	850.6	$	891.6	5%	10%

Wealth
North America	$	194.2	$	191.7	$	189.5	$	186.3	$	186.8	-	(4%)
International		123.8		124.6		123.3		122.4		123.1	1%	(1%)
Total	$	318.0	$	316.3	$	312.8	$	308.7	$	309.9	-	(3%)

USPB	$	86.1	$	85.1	$	89.4	$	92.4	$	90.5	(2%)	5%

All Other
Legacy Franchises
Banamex Consumer	$	28.6	$	26.1	$	26.0	$	25.6	$	28.5	11%	-
Banamex SBMM—corporate		9.0		8.5		8.1		9.7		9.9	2%	10%
Asia Consumer⁽²⁾		8.3		8.4		7.5		7.4		1.5	(80%)	(82%)
Legacy Holdings Assets (LHA)⁽³⁾		1.9		0.4		0.2		0.1		0.1	-	(95%)
Corporate/Other⁽¹⁾		19.1		25.6		20.2		21.9		25.7	17%	35%
Total	$	66.9	$	69.0	$	62.0	$	64.7	$	65.7	2%	(2%)

Total deposits—EOP	$	1,278.1	$	1,310.0	$	1,284.5	$	1,316.4	$	1,357.7	3%	6%

Total deposits—average	$	1,309.9	$	1,311.1	$	1,320.4	$	1,305.0	$	1,342.8	3%	3%

(1)	During the third quarter of 2024, approximately $9 billion of institutional deposits were moved from Markets to Corporate/Other, as they are managed by Citi Treasury. Prior periods were not impacted.

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

(3)	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 2024		Balance		Builds (Releases)						2Q25		Balance		Loans
	12/31/23		1Q24		2Q24		3Q24		4Q24		FY 2024		FX/Other		12/31/24		1Q25		2Q25		YTD 2025		FX/Other		6/30/25		6/30/25

Allowance for credit losses on loans (ACLL)
Services	$	397	$	34	$	(100)	$	7	$	(71)	$	(130)	$	(3)	$	264	$	24	$	53	$	77	$	6	$	347
Markets		820		120		(111)		37		167		213		(3)		1,030		48		53		101		12		1,143
Banking		1,376		(89)		(51)		62		(122)		(200)		(9)		1,167		78		137		215		28		1,410
Legacy Franchises corporate (Banamex SBMM & AFG⁽¹⁾)		121		(8)		(12)		(3)		10		(13)		(13)		95		4		16		20		8		123
Total corporate ACLL	$	2,714	$	57	$	(274)	$	103	$	(16)	$	(130)	$	(28)	$	2,556	$	154	$	259	$	413	$	54	$	3,023	0.94%
U.S. Cards⁽²⁾	$	12,626	$	326	$	357	$	10	$	221	$	914	$	20	$	13,560	$	(169)	$	(12)	$	(181)	$	3	$	13,382	8.00%
Installment loans⁽³⁾		319		13		30		30		32		105		1		425		(5)		7		2		(2)		425
Retail Banking⁽³⁾		157		(2)		(5)		1		(7)		(13)		-		144		3		(1)		2		1		147
Total USPB	$	13,102	$	337	$	382	$	41	$	246	$	1,006	$	21	$	14,129	$	(171)	$	(6)	$	(177)	$	2	$	13,954
Wealth		767		(190)		(43)		8		(11)		(236)		(2)		529		61		(64)		(3)		9		535
All Other—consumer		1,562		(85)		11		58		102		86		(288)		1,360		58		54		112		139		1,611
Total consumer ACLL	$	15,431	$	62	$	350	$	107	$	337	$	856	$	(269)	$	16,018	$	(52)	$	(16)	$	(68)	$	150	$	16,100	4.07%
Total ACLL	$	18,145	$	119	$	76	$	210	$	321	$	726	$	(297)	$	18,574	$	102	$	243	$	345	$	204	$	19,123	2.67%
Allowance for credit losses on unfunded lending commitments (ACLUC)	$	1,728	$	(98)	$	(8)	$	105	$	(118)	$	(119)	$	(8)	$	1,601	$	108	$	(19)	$	89	$	31	$	1,721
Total ACLL and ACLUC (EOP)		19,873		21		68		315		203		607		(305)		20,175		210		224		434		235		20,844
Other⁽⁵⁾		1,883		14		107		160		131		412		(293)		2,002		34		388		422		411		2,835
Total allowance for credit losses (ACL)	$	21,756	$	35	$	175	$	475	$	334	$	1,019	$	(598)	$	22,177	$	244	$	612	$	856	$	646	$	23,679

(1)	See footnote 3 on page 16.

(2)	The December 31, 2024 ACLL balance includes approximately $20 million related to an acquired portfolio, which is also reflected in the FX/Other column in this table.

(3)	See footnote 5 on page 9.

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

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)

											2Q25 Increase/		Six		Six		YTD 2025 vs.
	2Q		3Q		4Q		1Q		2Q		(Decrease) from		Months		Months		YTD 2024 Increase/
	2024		2024		2024		2025		2025		1Q25	2Q24	2024		2025		(Decrease)

Total Citigroup
Allowance for credit losses on loans (ACLL) at beginning of period	$	18,296	$	18,216	$	18,356	$	18,574	$	18,726	1%	2%	$	18,145	$	18,574	2%
Gross credit (losses) on loans		(2,715)		(2,609)		(2,680)		(2,926)		(2,723)	7%	-		(5,405)		(5,649)	(5%)
Gross recoveries on loans		432		437		438		467		489	5%	13%		819		956	17%
Net credit (losses) / recoveries on loans (NCLs)		(2,283)		(2,172)		(2,242)		(2,459)		(2,234)	(9%)	(2%)		(4,586)		(4,693)	2%
Replenishment of NCLs		2,283		2,172		2,242		2,459		2,234	(9%)	(2%)		4,586		4,693	2%
Net reserve builds / (releases) for loans		76		210		321		102		243	138%	220%		195		345	77%
Provision for credit losses on loans (PCLL)		2,359		2,382		2,563		2,561		2,477	(3%)	5%		4,781		5,038	5%
Other, net^{(1)(2)(3)(4)(5)(6)}		(156)		(70)		(103)		50		154	208%	NM		(124)		204	NM
ACLL at end of period (a)	$	18,216	$	18,356	$	18,574	$	18,726	$	19,123	2%	5%	$	18,216	$	19,123	5%

Allowance for credit losses on unfunded lending commitments (ACLUC)⁽⁷⁾ (a)	$	1,619	$	1,725	$	1,601	$	1,720	$	1,721	-	6%	$	1,619	$	1,721	6%

Provision (release) for credit losses on unfunded lending commitments	$	(8)	$	105	$	(118)	$	108	$	(19)	NM	(138%)	$	(106)	$	89	NM

Total allowance for credit losses on loans, leases and unfunded lending commitments [sum of (a)]	$	19,835	$	20,081	$	20,175	$	20,446	$	20,844	2%	5%	$	19,835	$	20,844	5%

Total ACLL as a percentage of total loans⁽⁸⁾		2.68%		2.70%		2.71%		2.70%		2.67%	(3) bps	(1) bps

Consumer
ACLL at beginning of period	$	15,524	$	15,732	$	15,765	$	16,018	$	16,001	-	3%	$	15,431	$	16,018	4%
Adjustments to opening balance

NCLs		(2,175)		(2,098)		(2,191)		(2,277)		(2,185)	(4%)	-		(4,314)		(4,462)	3%
Replenishment of NCLs		2,175		2,098		2,191		2,277		2,185	(4%)	-		4,314		4,462	3%
Net reserve builds / (releases) for loans		350		107		337		(52)		(16)	69%	NM		412		(68)	NM
Provision for credit losses on loans (PCLL)		2,525		2,205		2,528		2,225		2,169	(3%)	(14%)		4,726		4,394	(7%)
Other, net^{(1)(2)(3)(4)(5)(6)}		(142)		(74)		(84)		35		115	229%	NM		(111)		150	NM
ACLL at end of period (b)	$	15,732	$	15,765	$	16,018	$	16,001	$	16,100	1%	2%	$	15,732	$	16,100	2%

Consumer ACLUC⁽⁷⁾ (b)	$	42	$	39	$	34	$	31	$	24	(23%)	(43%)	$	42	$	24	(43%)

Provision (release) for credit losses on unfunded lending commitments	$	(4)	$	(4)	$	(2)	$	(3)	$	(1)	67%	75%	$	(19)	$	(4)	79%

Total allowance for credit losses on loans, leases and unfunded lending commitments [sum of (b)]	$	15,774	$	15,804	$	16,052	$	16,032	$	16,124	1%	2%	$	15,774	$	16,124	2%

Consumer ACLL as a percentage of total consumer loans		4.08%		4.05%		4.08%		4.14%		4.07%	(7) bps	(1) bps

Corporate
ACLL at beginning of period	$	2,772	$	2,484	$	2,591	$	2,556	$	2,725	7%	(2%)	$	2,714	$	2,556	(6%)

NCLs		(108)		(74)		(51)		(182)		(49)	73%	55%		(272)		(231)	15%
Replenishment of NCLs		108		74		51		182		49	(73%)	(55%)		272		231	(15%)
Net reserve builds / (releases) for loans		(274)		103		(16)		154		259	68%	NM		(217)		413	NM
Provision for credit losses on loans (PCLL)		(166)		177		35		336		308	(8%)	NM		55		644	NM
Other, net⁽¹⁾		(14)		4		(19)		15		39	160%	NM		(13)		54	NM
ACLL at end of period (c)	$	2,484	$	2,591	$	2,556	$	2,725	$	3,023	11%	22%	$	2,484	$	3,023	22%

Corporate ACLUC⁽⁷⁾ (c)	$	1,577	$	1,686	$	1,567	$	1,689	$	1,697	-	8%	$	1,577	$	1,697	8%

Provision (release) for credit losses on unfunded lending commitments	$	(4)	$	109	$	(116)	$	111	$	(18)	NM	(350%)	$	(87)	$	93	NM

Total allowance for credit losses on loans, leases and unfunded lending commitments [sum of (c)]	$	4,061	$	4,277	$	4,123	$	4,414	$	4,720	7%	16%	$	4,061	$	4,720	16%

Corporate ACLL as a percentage of total corporate loans⁽⁹⁾		0.85%		0.89%		0.87%		0.89%		0.94%	5 bps	9 bps

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

Page 19

NON-ACCRUAL ASSETS

(In millions of dollars)

											2Q25 Increase/
	2Q		3Q		4Q		1Q		2Q		(Decrease) from
	2024		2024		2024		2025		2025		1Q25	2Q24

Corporate non-accrual loans by region⁽¹⁾
North America	$	456	$	459	$	757	$	822	$	953	16%	109%
International		542		485		620		554		769	39%	42%
Total	$	998	$	944	$	1,377	$	1,376	$	1,722	25%	73%

Corporate non-accrual loans by segment and component⁽¹⁾
Banking	$	462	$	348	$	498	$	510	$	502	(2%)	9%
Services		30		96		65		110		134	22%	347%
Markets		362		390		715		631		932	48%	157%
Banamex SBMM & AFG		144		110		99		125		154	23%	7%
Total	$	998	$	944	$	1,377	$	1,376	$	1,722	25%	73%

Consumer non-accrual loans⁽¹⁾
Wealth	$	303	$	284	$	404	$	415	$	637	53%	110%
USPB		285		292		290		305		329	8%	15%
Banamex Consumer		425		415		411		416		485	17%	14%
Asia Consumer⁽²⁾		22		21		19		20		16	(20%)	(27%)
Legacy Holdings Assets—Consumer		217		210		186		172		165	(4%)	(24%)
Total	$	1,252	$	1,222	$	1,310	$	1,328	$	1,632	23%	30%

Total non-accrual loans (NAL)	$	2,250	$	2,166	$	2,687	$	2,704	$	3,354	24%	49%

Other real estate owned (OREO)⁽³⁾	$	27	$	25	$	18	$	21	$	26	24%	(4%)


NAL as a percentage of total loans		0.33%		0.31%		0.39%		0.39%		0.46%	7 bps	13 bps

ACLL as a percentage of NAL		810%		847%		691%		693%		570%

(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,

TANGIBLE COMMON EQUITY, COMMON EQUITY, BOOK VALUE

PER SHARE AND TANGIBLE BOOK VALUE PER SHARE (TBVPS)

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

											Six		Six
	June 30,		September 30,		December 31,		March 31,		June 30,		Months		Months
CET1 Capital and Ratio and Components⁽¹⁾	2024		2024		2024		2025		2025⁽²⁾		2024		2025

Citigroup common stockholders’ equity⁽³⁾	$	190,283	$	192,796	$	190,815	$	194,125	$	196,931
Add: qualifying noncontrolling interests		153		168		186		192		190
Regulatory capital adjustments and deductions:
Add:
CECL transition provision⁽⁴⁾		757		757		757		-		-
Less:
Accumulated net unrealized gains (losses) on cash flow hedges, net of tax		(629)		(773)		(220)		(213)		(141)
Cumulative unrealized net gain (loss) related to changes in fair value of financial liabilities attributable to own creditworthiness, net of tax		(760)		(906)		(910)		(32)		(408)
Intangible assets:
Goodwill, net of related deferred tax liabilities (DTLs)⁽⁵⁾		18,315		18,397		17,994		18,122		18,524
Identifiable intangible assets other than mortgage servicing rights (MSRs), net of related DTLs		3,138		3,061		3,357		3,291		3,236
Defined benefit pension plan net assets and other		1,425		1,447		1,504		1,532		1,610
Deferred tax assets (DTAs) arising from net operating loss, foreign tax credit and general business credit carry-forwards⁽⁶⁾		11,695		11,318		11,628		11,517		11,163
Excess over 10% / 15% limitations for other DTAs, certain common stock investments and MSRs⁽⁶⁾⁽⁸⁾		3,652		3,071		3,042		4,261		4,205
CET1 Capital	$	154,357	$	158,106	$	155,363	$	155,839	$	158,932
Risk-Weighted Assets (RWA)⁽⁴⁾	$	1,135,750	$	1,153,150	$	1,139,988	$	1,162,306	$	1,180,963
CET1 Capital ratio (CET1/RWA)		13.59%		13.71%		13.63%		13.41%		13.5%

Supplementary Leverage Ratio and Components
CET1⁽⁴⁾	$	154,357	$	158,106	$	155,363	$	155,839	$	158,932
Additional Tier 1 Capital (AT1)⁽⁷⁾		19,426		17,682		19,164		19,675		17,674
Total Tier 1 Capital (T1C) (CET1 + AT1)	$	173,783	$	175,788	$	174,527	$	175,514	$	176,606
Total Leverage Exposure (TLE)⁽⁴⁾	$	2,949,534	$	3,005,709	$	2,985,418	$	3,033,450	$	3,193,388
Supplementary Leverage ratio (T1C/TLE)⁽⁴⁾		5.89%		5.85%		5.85%		5.79%		5.5%

Tangible Common Equity, Book Value and Tangible Book Value Per Share
Common stockholders’ equity	$	190,210	$	192,733	$	190,748	$	194,058	$	196,872
Less:
Goodwill		19,704		19,691		19,300		19,422		19,878
Intangible assets (other than MSRs)		3,517		3,438		3,734		3,679		3,639
Goodwill and identifiable intangible assets (other than MSRs) related to businesses HFS		-		16		16		16		16
Tangible common equity (TCE)⁽⁹⁾	$	166,989	$	169,588	$	167,698	$	170,941	$	173,339
Common shares outstanding (CSO)		1,907.8		1,891.3		1,877.1		1,867.7		1,840.9
Book value per share (common equity/CSO)	$	99.70	$	101.91	$	101.62	$	103.90	$	106.94
Tangible book value per share (TCE/CSO)⁽⁹⁾	$	87.53	$	89.67	$	89.34	$	91.52	$	94.16

Average TCE (in billions of dollars)⁽⁹⁾
Services	$	24.9	$	24.9	$	24.9	$	24.7	$	24.7	$	24.9	$	24.7
Markets		54.0		54.0		54.0		50.4		50.4		54.0		50.4
Banking		21.8		21.8		21.8		20.6		20.6		21.8		20.6
Wealth		13.2		13.2		13.2		12.3		12.3		13.2		12.3
USPB		25.2		25.2		25.2		23.4		23.4		25.2		23.4
All Other		27.0		29.2		29.5		37.9		40.7		26.3		39.3
Total Citi average TCE	$	166.1	$	168.3	$	168.6	$	169.3	$	172.1	$	165.4	$	170.7
Plus:
Average goodwill	$	19.5	$	19.6	$	19.4	$	18.8	$	19.8	$	19.5	$	18.7
Average intangible assets (other than MSRs)		3.6		3.5		3.6		3.7		3.7		3.7		4.3
Average goodwill and identifiable intangible assets (other than MSRs) related to businesses HFS		-		-		-		-		-		-		-
Total Citi average common stockholders’ equity (in billions of dollars)	$	189.2	$	191.4	$	191.6	$	191.8	$	195.6	$	188.6	$	193.7

(1)	See footnote 3 on page 1.

(2)	June 30, 2025 is preliminary.

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

(4)	See footnote 4 on page 1.

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

(6)

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.

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

(8)

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.

(9)	TCE and TBVPS are non-GAAP financial measures.

Reclassified to conform to the current period's presentation.

Page 22


		Page
	Citigroup
	Financial Summary	1
	Consolidated Statement of Income	2
	Consolidated Balance Sheet	3
	Operating Segments, Reporting Units, and Components—Net Revenues and Income	4

	Services	5
	Markets	6
	Banking	7
	Wealth	8
	U.S. Personal Banking (USPB)	9
	Metrics	10
	All Other	11
	Legacy Franchises	12
	Corporate/Other	13
	Reconciling Items—Divestiture-Related Impacts	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
	CET1 Capital and Supplementary Leverage Ratios, Tangible Common Equity,	22
	Book Value Per Share and Tangible Book Value Per Share

	Average Volumes						Interest						% Average Rate⁽⁴⁾


(In millions of dollars), except as otherwise noted	2Q24		1Q25		2Q25⁽⁵⁾		2Q24		1Q25		2Q25⁽⁵⁾		2Q24	1Q25	2Q25⁽⁵⁾
Assets
Deposits with banks	$	250,665	$	280,566	$	298,158	$	2,710	$	3,001	$	3,043	4.35%	4.34%	4.09%
Securities borrowed and purchased under resale agreements⁽⁶⁾		356,969		362,140		375,205		7,211		6,291		6,621	8.12%	7.05%	7.08%
Trading account assets⁽⁷⁾		388,641		437,378		506,877		4,503		4,370		5,821	4.66%	4.05%	4.61%
Investments		510,542		459,354		449,852		4,827		4,175		4,215	3.80%	3.69%	3.76%
Consumer loans		383,211		386,690		390,349		9,780		9,758		9,771	10.26%	10.23%	10.04%
Corporate loans		296,410		304,047		321,827		5,718		4,985		5,212	7.76%	6.65%	6.50%
Total loans (net of unearned income)⁽⁸⁾		679,621		690,737		712,176		15,498		14,743		14,983	9.17%	8.66%	8.44%
Other interest-earning assets		70,486		75,982		83,064		1,260		1,112		1,204	7.19%	5.94%	5.81%
Total average interest-earning assets	$	2,256,924	$	2,306,157	$	2,425,332	$	36,009	$	33,692	$	35,887	6.42%	5.92%	5.93%

Liabilities
Deposits	$	1,108,733	$	1,103,768	$	1,138,996	$	10,235	$	8,438	$	8,685	3.71%	3.10%	3.06%
Securities loaned and sold under repurchase agreements⁽⁶⁾		336,367		372,193		421,198		6,962		6,256		6,938	8.32%	6.82%	6.61%
Trading account liabilities⁽⁷⁾		103,548		91,169		104,148		794		757		748	3.08%	3.37%	2.88%
Short-term borrowings and other interest-bearing liabilities		107,277		130,654		140,571		1,908		1,726		1,800	7.15%	5.36%	5.14%
Long-term debt⁽⁹⁾		169,529		175,021		182,803		2,595		2,477		2,513	6.16%	5.74%	5.51%
Total average interest-bearing liabilities	$	1,825,454	$	1,872,805	$	1,987,716	$	22,494	$	19,654	$	20,684	4.96%	4.26%	4.17%


Net interest income as a % of average interest-earning assets (NIM)⁽⁹⁾							$	13,515	$	14,038	$	15,203	2.41%	2.47%	2.51%

2Q25 increase (decrease) from:													10 bps	4 bps


CITIGROUP—QUARTERLY FINANCIAL DATA SUPPLEMENT	2Q25