8-K - C - Equibles

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) October 15, 2024

Citigroup Inc.

(Exact name of registrant as specified in its charter)


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

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

( 212 ) 559-1000

(Registrant's telephone number, including area code)

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

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

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

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

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

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

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

Emerging growth company ☐

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

CITIGROUP INC.

Current Report on Form 8-K

Item 2.02 Results of Operations and Financial Condition.

On October 15, 2024, Citigroup Inc. announced its results for the quarter ended September 30, 2024. A copy of the related press release, filed as Exhibit 99.1 to this Form 8-K, is incorporated herein by reference in its entirety and shall be deemed to be “filed” for purposes of the Securities Exchange Act of 1934, as amended (the Act).

In addition, a copy of the Citigroup Inc. Quarterly Financial Data Supplement for the quarter ended September 30, 2024 is being furnished as Exhibit 99.2 to this Form 8-K and shall not be deemed to be “filed” for purposes of Section 18 of the Act or otherwise subject to the liabilities of that section.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number	****

99.1		Citigroup Inc. press release dated October 15, 2024.

99.2		Citigroup Inc. Quarterly Financial Data Supplement for the quarter ended September 30, 2024.

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

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

SIGNATURE

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

		CITIGROUP INC.

Dated: October 15, 2024
	By:	/s/ Robert Walsh
		Robert Walsh
		Interim Chief Accounting Officer
		(Principal Accounting Officer)

Exhibit 99.1

<br><br><br><br>
For Immediate Release<br><br>Citigroup Inc. (NYSE: C)<br><br>October 15, 2024	****
<br><br>THIRD QUARTER 2024 RESULTS AND KEY METRICS<br><br>		CEO COMMENTARY
			<br><br>Citi CEO Jane Fraser said, “In a pivotal year, this quarter contains multiple proof points that we are moving in the right direction and that our strategy is gaining traction, including positive operating leverage for each of our businesses, share gains and fee growth. While we continue making substantial investments in our number one priority—our Transformation—the efficiencies gained from our simplification and other efforts drove a 2% reduction in expenses. We built on our long history of innovation by launching a new cross-border payments capability with Mastercard and a $25 billion private credit partnership with Apollo, while we continued to attract top talent to our firm.<br><br>“Services delivered a record quarter driven by loan, deposit and asset growth, as well as new mandates. In Markets, revenues were up with a 32% increase in Equities. Investment Banking revenue was up 31% driven largely by investment grade debt issuance. We are also starting to see the positive impact of the changes we’ve implemented in our Wealth business, with revenues up 9%, including strong growth in client investment assets and investment fee revenue. U.S. Personal Banking revenues were up 3% with Branded Cards growing by 8% with account acquisitions, spend and payment rates driving higher interest-earning balances.<br><br>“Our incredible people continue to serve clients through our diversified business model and strong balance sheet. We are on track to meet our expense and revenue targets for the year and look to close out 2024 with momentum as we prepare for 2025,” Ms. Fraser concluded.
RETURNED ~$2.1 BILLION IN THE FORM OF COMMON DIVIDENDS AND SHARE REPURCHASES<br><br>PAYOUT RATIO OF 71%^(3)^<br><br>BOOK VALUE PER SHARE OF $101.91<br><br>TANGIBLE BOOK VALUE PER SHARE OF $89.67^(4)^<br><br><br><br>New York, October 15, 2024 – Citigroup Inc. today reported net income for the third quarter 2024 of $3.2 billion, or $1.51 per diluted share, on revenues of $20.3 billion. This compares to net income of $3.5 billion, or $1.63 per diluted share, on revenues of $20.1 billion for the third quarter 2023.<br><br>Revenues increased 1% from the prior-year period, on a reported basis. Excluding divestiture-related impacts^(5)^, primarily consisting of an approximately $400 million gain from the sale of the Taiwan consumer banking business in the prior-year period, revenues were up 3%. This increase in revenues was driven by growth across all businesses, partially offset by a decline in All Other.<br><br>Net income of $3.2 billion decreased from $3.5 billion in the prior-year period, primarily driven by higher cost of credit, partially offset by the higher revenues and lower expenses.<br><br>Earnings per share of $1.51 decreased from $1.63 per diluted share in the prior-year period, reflecting the lower net income.<br><br>Percentage comparisons throughout this press release are calculated for the third quarter 2024 versus the third quarter 2023, unless otherwise specified.<br><br>

Third Quarter Financial Results


Citigroup( in millions, except per share amounts and as otherwise noted)	3Q’24		****	2Q’24		****	3Q’23		QoQ%	YoY%
Total revenues, net of interest expense		20,315			20,139			20,139	1%	1%

Total operating expenses		13,250			13,353			13,511	(1)%	(2)%

Net credit losses		2,172			2,283			1,637	(5)%	33%
Net ACL build / (release)(a)		315			68			125	NM	NM
Other provisions(b)		188			125			78	50%	NM
Total cost of credit		2,675			2,476			1,840	8%	45%

Income (loss) from continuing operations before taxes		4,390			4,310			4,788	2%	(8)%
Provision for income taxes		1,116			1,047			1,203	7%	(7)%
Income (loss) from continuing operations		3,274			3,263			3,585	-	(9)%
Income (loss) from discontinued operations, net of taxes		(1)			-			2	(100%)	NM
Net income attributable to non-controlling interest		35			46			41	(24)%	(15)%
Citigroup’s net income	$	3,238		$	3,217		$	3,546	1%	(9)%


EOP loans (B)		689			688			666	-	3%
EOP assets (B)		2,431			2,406			2,368	1%	3%
EOP deposits (B)		1,310			1,278			1,274	2%	3%

Book value per share	$	101.91		$	99.70		$	99.28	2%	3%
Tangible book value per share(4)	$	89.67		$	87.53		$	86.90	2%	3%
Common Equity Tier 1 (CET1) Capital ratio(2)		13.7%			13.6%			13.6%
Supplementary Leverage ratio (SLR)(2)		5.8%			5.9%			6.0%
Return on average common equity (ROE)		6.2%			6.3%			6.7%
Return on average tangible common equity (RoTCE)(1)		7.0%			7.2%			7.7%	(20) bps	(70) bps

All values are in US Dollars.

Note: Please refer to the Appendices and Footnotes at the end of this press release for additional information.

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

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

Citigroup

Citigroup revenues of $20.3 billion in the third quarter 2024 increased 1%, on a reported basis. Excluding divestiture-related impacts^(5)^, primarily consisting of the approximately $400 million gain from the sale of the Taiwan consumer banking business in the prior-year period, revenues were up 3%. This increase in revenues was driven by growth across all businesses, partially offset by a decline in All Other.

Citigroup operating expenses of $13.3 billion decreased 2%, both on a reported basis and excluding divestiture-related impacts^(6)^. This decrease in expenses was primarily driven by savings associated with Citi’s organizational simplification and stranded cost reductions, partially offset by volume-related expenses and continued investments in transformation and other risk and control initiatives.

Citigroup cost of credit was approximately $2.7 billion in the third quarter 2024, compared to $1.8 billion in the prior-year period, largely driven by higher cards net credit losses and a higher allowance for credit losses (ACL) build for portfolio growth and mix.

Citigroup net income was $3.2 billion in the third quarter 2024, compared to net income of $3.5 billion in the prior-year period, driven by the higher cost of credit, partially offset by the higher revenues and the lower expenses. The decrease in net income primarily reflected a decrease in net income in U.S. Personal Banking (USPB) and All Other, partially offset by an increase in Services, Markets, Banking and Wealth. Citigroup’s effective tax rate was approximately 25% in the current quarter, unchanged from the prior-year period.

Citigroup’s total allowance for credit losses was approximately $22.1 billion at quarter end, compared to $20.2 billion at the end of the prior-year period. Total ACL on loans was approximately $18.4 billion at quarter end, compared to $17.6 billion at the end of the prior-year period, with a reserve-to-funded loans ratio of 2.70%, compared to 2.68% at the end of the prior-year period. Total non-accrual loans decreased 34% from the prior-year period to $2.2 billion. Corporate non-accrual loans decreased 52% from the prior-year period to $944 million. Consumer non-accrual loans decreased 6% from the prior-year period to $1.2 billion.

Citigroup’s end-of-period loans were $689 billion at quarter end, up 3% versus the prior-year period, largely reflecting growth in cards in USPB and higher loans in Markets and Services.

Citigroup’s end-of-period deposits were approximately $1.3 trillion at quarter end, up 3% versus the prior-year period, largely due to an increase in Services, driven by the continued deepening of client relationships and operating deposit growth in both Treasury and Trade Solutions and Securities Services.

Citigroup’s book value per share of $101.91 at quarter end increased 3% versus the prior-year period, and tangible book value per share of $89.67 at quarter end increased 3% versus the prior-year period. The increases were largely driven by net income, common share repurchases and beneficial movements in the accumulated other comprehensive income (AOCI) component of equity, partially offset by the payment of common and preferred dividends. At quarter end, Citigroup’s preliminary CET1 Capital ratio was 13.7% versus 13.6% at the end of the prior quarter, driven by net income and unrealized gains on available for sale securities recognized in AOCI, partially offset by the payment of common and preferred dividends and common share repurchases, as well as higher risk-weighted assets. Citigroup’s Supplementary Leverage ratio for the third quarter 2024 was 5.8% versus 5.9% in the prior quarter. During the quarter, Citigroup returned a total of $2.1 billion to common shareholders in the form of dividends and share repurchases.


Services( in millions, except as otherwise noted)	3Q’24		****	2Q’24		****	3Q’23		QoQ%	YoY%
Net interest income		2,731			2,629			2,868	4%	(5)%
Non - interest revenue		909			802			645	13%	41%
Treasury and Trade Solutions		3,640			3,431			3,513	6%	4%
Net interest income		704			596			572	18%	23%
Non - interest revenue		684			653			551	5%	24%
Securities Services		1,388			1,249			1,123	11%	24%
Total Services revenues(a)		5,028			4,680			4,636	7%	8%

Total operating expenses		2,588			2,734			2,520	(5)%	3%
Net credit losses		14			-			27	NM	(48)%
Net ACL build / (release)(b)		14			(98)			29	NM	(52)%
Other provisions(c)		99			71			39	39%	NM
Total cost of credit		127			(27)			95	NM	34%

Net income	$	1,651		$	1,471		$	1,339	12%	23%


Services Key Statistics and Metrics (B)
Allocated Average TCE (d)		25			25			23	-	8%
RoTCE(d)		26.4%			23.8%			23.1%	260 bps	330 bps
Average loans		87			82			83	6%	5%
Average deposits		825			804			797	3%	4%
Cross border transaction value		95			93			88	2%	8%
US dollar clearing volume (#MM)(e)		43			42			40	3%	7%
Commercial card spend volume		18			18			17	2%	8%
Assets under custody and/or administration (AUC/AUA) (T)(f)		26			24			22	9%	22%

All values are in US Dollars.

Note: Please refer to the Appendices and Footnotes at the end of this press release for additional information.

(a) 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.

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

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

(e) U.S. Dollar Clearing Volume is defined as the number of USD Clearing Payment instructions processed by Citi on behalf of U.S. and foreign-domiciled entities (primarily Financial Institutions). Amounts in the table are stated in millions of payment instructions processed.

(f) 3Q24 is preliminary. 3

Services

Services revenues of $5.0 billion were up 8%, primarily reflecting continued momentum across Securities Services and Treasury and Trade Solutions. Net interest income was largely unchanged, as the benefit of higher deposit volumes was offset by a decline in interest rates in Argentina. Non-interest revenue increased 33%, driven by a smaller impact from currency devaluation in Argentina, as well as continued strength in underlying fee drivers in Treasury and Trade Solutions and Securities Services.

Treasury and Trade Solutions revenues of $3.6 billion were up 4%, as a 41% increase in non-interest revenues was partially offset by a 5% decrease in net interest income. The increase in non-interest revenue was driven by the smaller impact from currency devaluation in Argentina as well as an increase in cross-border transaction value of 8%, an increase in U.S. dollar clearing volumes of 7% and an increase in commercial card spend volume of 8%. The decrease in net interest income was driven by the decline in interest rates in Argentina, partially offset by higher deposit volumes.

Securities Services revenues of $1.4 billion increased 24%, largely driven by a 23% increase in net interest income, primarily driven by higher deposit spreads and volumes, and a 24% increase in non-interest revenue. The increase in non-interest revenue was primarily due to a preliminary 22% increase in assets under custody and administration, benefiting from new client onboardings, deepening with existing clients and market valuations.

Services operating expenses of $2.6 billion increased 3%, primarily driven by investments in technology, other risk and controls, and product innovation.

Services cost of credit was $127 million, compared to $95 million in the prior-year period, driven by a reserve build related to unremittable corporate dividends.

Services net income of $1.7 billion increased 23%, driven by the higher revenues, partially offset by the higher expenses and the higher cost of credit.


Markets( in millions, except as otherwise noted)	3Q’24		****	2Q’24		****	3Q’23		QoQ%	YoY%
Rates and currencies		2,465			2,466			2,747	-	(10)%
Spread products / other fixed income		1,113			1,098			1,059	1%	5%
Fixed Income markets		3,578			3,564			3,806	-	(6)%
Equity markets		1,239			1,522			942	(19)%	32%
Total Markets revenues(a)		4,817			5,086			4,748	(5)%	1%

Total operating expenses		3,339			3,305			3,310	1%	1%

Net credit losses		24			66			(4)	(64)%	NM
Net ACL build / (release)(b)		84			(109)			124	NM	(32)%
Other provisions(c)		33			32			42	3%	(21)%
Total cost of credit		141			(11)			162	NM	(13)%

Net income	$	1,072		$	1,443		$	1,050	(26)%	2%


Markets Key Statistics and Metrics (B)
Allocated Average TCE(d)		54			54			53	-	2%
RoTCE(d)		7.9%			10.7%			7.8%	(280) bps	10 bps
Average trading account assets		462			426			393	8%	18%
Average VaR ( in MM) (99% confidence level)(e)		107			113			117	(5)%	(9)%

All values are in US Dollars.

Note: Please refer to the Appendices and Footnotes at the end of this press release for additional information.

(a) 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.

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

(e) VaR estimates, at a 99% confidence level, the potential decline in the value of a position or a portfolio under normal market conditions assuming a one-day holding period. VaR statistics, which are based on historical data, can be materially different across firms due to differences in portfolio composition, VaR methodologies and model parameters. 4

Markets

Markets revenues of $4.8 billion increased 1%, driven by growth in Equity markets revenues, partially offset by lower Fixed Income markets revenues.

Fixed Income markets revenues of $3.6 billion decreased 6%, driven by rates and currencies, largely reflecting a strong prior-year comparison. This decrease was partially offset by strength in spread products and other fixed income, which increased 5%, primarily driven by higher financing and securitization volumes and underwriting fees, partially offset by lower commodities revenue on lower gas volatility.

Equity markets revenues of $1.2 billion increased 32%, driven by momentum in prime, growth in equity derivatives and higher cash equity volumes. Equity markets had growth in prime balances^(7)^, up approximately 22%.

Markets operating expenses of $3.3 billion increased 1%, primarily due to higher volume-related expenses.

Markets cost of credit was $141 million, compared to $162 million in the prior-year period, driven by a lower ACL build, partially offset by higher net credit losses.

Markets net income of $1.1 billion increased 2%, driven by the higher revenues and the lower cost of credit, partially offset by the higher expenses.


Banking( in millions, except as otherwise noted)	3Q’24		****	2Q’24		****	3Q’23		QoQ%	YoY%
Investment Banking		934			853			711	9%	31%
Corporate Lending(a)		742			765			709	(3)%	5%
Total Banking revenues(a)(b)		1,676			1,618			1,420	4%	18%
Gain / (loss) on loan hedges(a)		(79)			9			(47)	NM	(68)%
Total Banking revenues including gain/(loss) on loan hedges(a)		1,597			1,627			1,373	(2)%	16%

Total operating expenses		1,116			1,131			1,225	(1)%	(9)%
Net credit losses		36			40			29	(10)%	24%
Net ACL build / (release)(c)		121			(60)			(86)	NM	NM
Other provisions(d)		20			(12)			1	NM	NM
Total cost of credit		177			(32)			(56)	NM	NM

Net income	$	238		$	406		$	156	(41)%	53%


Banking Key Statistics and Metrics
Allocated Average TCE(e) (B)		22			22			21	-	2%
RoTCE(e)		4.3%			7.5%			2.9%	(320) bps	140 bps
Average loans (B)		88			89			89	(1)%	(1)%

Advisory		394			268			299	47%	32%
Equity underwriting		129			174			123	(26)%	5%
Debt underwriting		476			493			272	(3)%	75%
Investment Banking fees		999			935			694	7%	44%

All values are in US Dollars.

Note: Please refer to the Appendices and Footnotes at the end of this press release for additional information.

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

(b) 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.

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

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

Banking

Banking revenues of $1.6 billion increased 16%, primarily driven by growth in Investment Banking.

Investment Banking revenues of $934 million increased 31%, driven by a 44% increase in fees. The Investment Banking fee increase was driven by strength in Debt Capital Markets, which benefited from continued strong investment grade issuance, and an increase in Advisory due to strong announced deal volume from earlier this year coming to fruition. The increase in fees was also driven by Equity Capital Markets, due to stronger follow-on activity, partially offset by less IPO activity amid market volatility mid-quarter.

Corporate Lending revenues of $742 million, excluding mark-to-market on loan hedges,^(8)^ increased 5%, primarily driven by a smaller impact from currency devaluation in Argentina.

Banking operating expenses of $1.1 billion decreased 9%, primarily driven by benefits of prior repositioning actions.

Banking cost of credit was $177 million, compared to a benefit of $56 million in the prior-year period, driven by an ACL build due to a change in portfolio mix, versus a release in the prior-year period, as well as higher net credit losses.

Banking net income of $238 million increased 53%, reflecting the higher revenues and the lower expenses, partially offset by the higher cost of credit.


Wealth( in millions, except as otherwise noted)	3Q’24		****	2Q’24		****	3Q’23		QoQ%	YoY%
Private Bank		614			611			617	-	-
Wealth at Work		244			195			234	25%	4%
Citigold		1,144			1,008			980	13%	17%
Total revenues, net of interest expense		2,002			1,814			1,831	10%	9%

Total operating expenses		1,601			1,542			1,669	4%	(4)%

Net credit losses		27			35			24	(23)%	13%
Net ACL build / (release)(a)		7			(43)			(27)	NM	NM
Other provisions(b)		(1)			(1)			1	-	NM
Total cost of credit		33			(9)			(2)	NM	NM

Net income	$	283		$	210		$	132	35%	NM


Wealth Key Statistics and Metrics (B)
Allocated Average TCE(c)		13			13			13	-	(1)%
RoTCE(c)		8.5%			6.4%			3.9%	210 bps	460 bps
Loans		151			150			151	1%	-
Deposits		316			318			302	(1)%	5%
Client investment assets(d)		580			541			469	7%	24%
EoP client balances		1,047			1,009			922	4%	14%

All values are in US Dollars.

Note: Please refer to the Appendices and Footnotes at the end of this press release for additional information.

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

(b) Includes provisions on Other Assets and policyholder benefits and claims.

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

(d) Includes assets under management, and trust and custody assets. 3Q24 Client investment assets is preliminary.

Wealth

Wealth revenues of $2.0 billion increased 9%, driven by a 15% increase in non-interest revenue, reflecting higher investment fee revenues on momentum in client investment assets, as well as a 6% increase in net interest income due to higher deposit volumes and spreads.

Private Bank revenues of $614 million were largely unchanged from the prior-year period, as higher investment fee revenues and improved deposit spreads were offset by higher mortgage funding costs. 6

Wealth at Work revenues of $244 million increased 4%, driven by improved deposit spreads and higher investment fee revenues, partially offset by higher mortgage funding costs.

Citigold revenues of $1.1 billion increased 17%, driven by higher investment fee revenues and higher deposit volumes.

Wealth operating expenses of $1.6 billion decreased 4%, primarily driven by the benefits of prior repositioning and restructuring actions.

Wealth cost of credit was $33 million, compared to a benefit of $2 million in the prior-year period, largely due to an ACL build for loans, compared to a release in the prior-year period.

Wealth net income was $283 million, compared to $132 million in the prior-year period, driven by the higher revenues and the lower expenses, partially offset by the higher cost of credit.


USPB( in millions, except as otherwise noted)	3Q’24		****	2Q’24		****	3Q’23		QoQ%	YoY%
Branded Cards	$	2,731		$	2,537		$	2,539	8%	8%
Retail Services		1,715			1,746			1,728	(2)%	(1)%
Retail Banking		599			636			650	(6)%	(8)%
Total revenues, net of interest expense		5,045			4,919			4,917	3%	3%

Total operating expenses		2,457			2,442			2,481	1%	(1)%

Net credit losses		1,864			1,931			1,343	(3)%	39%
Net ACL build / (release)(a)		41			382			113	(89)%	(64)%
Other provisions(b)		4			2			3	100%	33%
Total cost of credit		1,909			2,315			1,459	(18)%	31%

Net income	$	522		$	121		$	756	NM	(31)%


USPB Key Statistics and Metrics (B)
Allocated average TCE(c)		25			25			22	-	15%
RoTCE(c)		8.2%			1.9%			13.7%	630 bps	(550) bps
Average loans		210			206			196	2%	7%
Average deposits		85			93			110	(9)%	(23)%
US cards average loans		162			160			153	1%	6%
US credit card spend volume		151			155			149	(3)%	1%
New account acquisitions (in thousands)		3,023			3,178			3,298	(5)%	(8)%

All values are in US Dollars.

Note: Please refer to the Appendices and Footnotes at the end of this press release for additional information.

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

(b) Includes provisions on policyholder benefits and claims and Other Assets.

U.S. Personal Banking (USPB)

USPB revenues of $5.0 billion increased 3%, driven by higher net interest income due to loan growth in cards and higher non-interest revenue due to lower partner payments.

Branded Cards revenues of $2.7 billion increased 8%, driven by interest-earning balance growth of 8%, as payment rates continue to normalize, and spend volume growth of 3%.

Retail Services revenues of $1.7 billion decreased 1%, due to a slowing growth rate in interest earning balances.

Retail Banking revenues of $599 million decreased 8%, primarily driven by the transfer of relationships and the associated deposits to Wealth.

USPB operating expenses of $2.5 billion decreased 1%, driven by continued productivity savings, partially offset by higher volume-related expenses. 7

USPB cost of credit was $1.9 billion, compared to $1.5 billion in the prior-year period. The increase was driven by higher net credit losses, reflecting that multiple card loan vintages originated over the last few years are now maturing, partially offset by a lower ACL build in the current quarter.

USPB net income of $522 million decreased 31%, driven by the higher cost of credit, partially offset by the higher revenues and the lower expenses.


All Other (Managed Basis)(a)(b)( in millions, except as otherwise noted)	3Q’24		****	2Q’24		****	3Q’23		QoQ%	YoY%
Legacy Franchises (managed basis)		1,739			1,727			1,841	1%	(6)%
Corporate / Other		86			253			397	(66)%	(78)%
Total revenues		1,825			1,980			2,238	(8)%	(18)%

Total operating expenses		2,082			2,114			2,192	(2)%	(5)%

Net credit losses		208			214			237	(3)%	(12)%
Net ACL build / (release)(c)		48			(4)			(30)	NM	NM
Other provisions(d)		33			33			(8)	-	NM
Total cost of credit		289			243			199	19%	45%

Net (loss)	$	(483)		$	(402)		$	(101)	(20)%	NM


All Other Key Statistics and Metrics (B)
Allocated Average TCE(e)		29			27			33	8%	(10)%

All values are in US Dollars.

Note: Please refer to the Appendices and Footnotes at the end of this press release for additional information.

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

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

(d) Includes provisions on Other Assets and policyholder benefits and claims.

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

All Other (Managed Basis)^(9)^

All Other (managed basis) revenues of $1.8 billion decreased 18%, primarily driven by closed exits and wind-downs as well as margin compression on mortgage securities in the investment portfolio that have extended.

Legacy Franchises (managed basis)^(9)^ revenues of $1.7 billion decreased 6%, largely driven by the closed exits and wind-downs.

Corporate / Other revenues decreased to $86 million from $397 million in the prior-year period, largely driven by the margin compression on mortgage securities in the investment portfolio that have extended.

All Other (managed basis) expenses of $2.1 billion decreased 5%, as a reduction from the closed exits and wind-downs was partially offset by a legal reserve.

All Other (managed basis) cost of credit was $289 million, compared to $199 million in the prior-year period, driven by an ACL build in Mexico, partially offset by lower net credit losses.

All Other (managed basis) net loss of $483 million was driven by the lower revenues and the higher cost of credit, partially offset by the lower expenses.

Citigroup will host a conference call today at 11:00 AM (ET). A live webcast of the presentation, as well as financial results and presentation materials, will be available at https://www.citigroup.com/global/investors. The live webcast of the presentation can also be accessed at https://www.veracast.com/webcasts/citigroup/webinars/CITI3Q24.cfm

Additional financial, statistical and business-related information, as well as business and segment trends, is included in a Quarterly Financial Data Supplement. Both this earnings release and Citigroup’s Third Quarter 2024 Quarterly Financial Data Supplement are available on Citigroup’s website at www.citigroup.com.

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

Certain statements in this release are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. These statements are not guarantees of future results or occurrences. Actual results and capital and other financial condition may differ materially from those included in these statements due to a variety of factors. These factors include, among others: geopolitical, macroeconomic and other challenges and uncertainties, including those related to election outcomes, conflicts in the Middle East, economic growth, inflation and interest rates; the execution and efficacy of Citi’s transformation, simplification and other strategic and other initiatives, including those related to its investment, expense and capital-related actions; the potential outcomes of the extensive legal and regulatory proceedings, examinations, investigations, consent orders and related compliance efforts and other inquiries to which Citi is or may be subject; ongoing regulatory and legislative uncertainties and changes, including changes in regulatory capital rules, requirements or interpretations; and the precautionary statements included in this release. These factors also consist of those contained in Citigroup’s filings with the U.S. Securities and Exchange Commission, including without limitation the “Risk Factors” section of Citigroup's 2023 Form 10-K. Any forward-looking statements made by or on behalf of Citigroup speak only as to the date they are made, and Citi does not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statements were made.

Contacts:

Investors: Jennifer Landis (212) 559-2718

Press: Danielle Romero-Apsilos (212) 816-2264

Appendix A


Citigroup( in millions)	3Q’24		2Q’24		3Q’23
Net Income	$	3,238	$	3,217	$	3,546
Less: Preferred Dividends		277		242		333
Net Income (Loss) to Common Shareholders	$	2,961	$	2,975	$	3,213

Average Common Equity	$	191,444	$	189,211	$	189,158
Less:
Average Goodwill and Intangibles		23,155		23,063		23,831
Average Tangible Common Equity (TCE)	$	168,289	$	166,148	$	165,327

ROE		6.2%		6.3%		6.7%

RoTCE		7.0%		7.2%		7.7%

All values are in US Dollars.

Appendix B


Citigroup ( in millions)	3Q’24		****	3Q’23		% Δ YoY
Total Citigroup Revenue - As Reported	$	20,315		$	20,139	1%
Less:
Total Divestiture-related Impact on Revenue		1			396
Total Citigroup Revenue, Excluding Total Divestiture-related Impact	$	20,314		$	19,743	3%

Total Citigroup Operating Expenses - As Reported	$	13,250		$	13,511	(2)%
Less:
Total Divestiture-related Impact on Operating Expenses		67			114
Total Citigroup Operating Expenses, Excluding Total Divestiture-related Impact	$	13,183		$	13,397	(2)%

All values are in US Dollars.

Appendix C ^(a)^


All Other( in millions)	3Q’24		****	2Q’24		****	3Q’23		% Δ QoQ	****	% Δ YoY

All Other Revenues, Managed Basis	$	1,825		$	1,980		$	2,238	(8)%		(18)%
Add:
All Other Divestiture-related Impact on Revenue(b)	$	1		$	33		$	396
All Other Revenues (U.S. GAAP)	$	1,826		$	2,013		$	2,634	(9)%		(31)%

All Other Operating Expenses, Managed Basis	$	2,082		$	2,114		$	2,192	(2)%		(5)%
Add:
All Other Divestiture-related Impact on Operating Expenses(c)(d)	$	67		$	85		$	114
All Other Operating Expenses (U.S. GAAP)	$	2,149		$	2,199		$	2,306	(2)%		(7)%

All Other Cost of Credit, Managed Basis	$	289		$	243		$	199	19%		45%
Add:
All Other Divestiture-related Impact on Net credit losses		(1)			(3)			(19)
All Other Divestiture-related Impact on Net ACL build / (release)(e)		-			-			2
All Other Divestiture-related Impact on Other provisions(f)		-			-			-
All Other Citigroup Cost of Credit (U.S. GAAP)	$	288		$	240		$	182	20%		58%

All Other Net Income (Loss), Managed Basis	$	(483)		$	(402)		$	(101)	(20)%		NM
Add:
All Other Divestiture-related Impact on Revenue(b)		1			33			396
All Other Divestiture-related Impact on Operating Expenses(c)(d)		(67)			(85)			(114)
All Other Divestiture-related Impact on Cost of Credit(e)(f)		1			3			17
All Other Divestiture-related Impact on Taxes(b)(c)(d)		20			17			(85)
All Other Net Income (Loss) (U.S. GAAP)	$	(528)		$	(434)		$	113	(22)%		NM

All values are in US Dollars.

(a) 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.

(b) 3Q23 includes an approximate $403 million gain on sale recorded in revenue (approximately $284 million after various taxes) related to Citi's sale of the Taiwan consumer banking business. In addition, 3Q23 includes approximately $114 million in operating expenses (approximately $78 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, 2023.

(c) 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.

(d) 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.

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

(f) Includes provisions for policyholder benefits and claims and other assets.

Appendix D


( in millions)	3Q’24^(a)^		****	2Q’24		****	3Q’23


Citigroup Common Stockholders’ Equity(b)	$	192,796		$	190,283		$	190,134
Add: Qualifying noncontrolling interests		168			153			193
Regulatory Capital Adjustments and Deductions:
Add: CECL transition provision(c)		757			757			1,514
Less:
Accumulated net unrealized gains (losses) on cash flow hedges, net of tax		(773)			(629)			(1,259)
Cumulative unrealized net gain (loss) related to changes in fair value of financial liabilities attributable to own creditworthiness, net of tax		(906)			(760)			625
Intangible Assets:
Goodwill, net of related deferred tax liabilities (DTLs)(d)		18,397			18,315			18,552
Identifiable intangible assets other than mortgage servicing rights (MSRs), net of related DTLs		3,061			3,138			3,444
Defined benefit pension plan net assets and other		1,447			1,425			1,340
Deferred tax assets (DTAs) arising from net operating loss, foreign tax credit and general business credit carry-forwards(e)		11,318			11,695			11,219
Excess over 10% / 15% limitations for other DTAs, certain common stock investments, and MSRs(e)(f)		3,071			3,652			1,786

Common Equity Tier 1 Capital (CET1)	$	158,106		$	154,357		$	156,134

Risk-Weighted Assets (RWA)(c)	$	1,153,100		$	1,135,750		$	1,148,550

Common Equity Tier 1 Capital Ratio (CET1 / RWA)(c)		13.7%			13.6%			13.6%

All values are in US Dollars.

Note:	Citi’s binding CET1 Capital ratios were derived under the Basel III Standardized Approach for all periods reflected.

(a)Preliminary.

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

(c)Please refer to Footnote 2 at the end of this press release for additional information.

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

(e)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 timing differences (future deductions) that are deducted from CET1 Capital exceeding the 10% limitation.

(f)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.

Appendix E


( in millions)	3Q’24^(a)^		****	2Q’24		****	3Q’23

Common Equity Tier 1 Capital (CET1)(b)	$	158,106		$	154,357		$	156,134

Additional Tier 1 Capital (AT1)(c)		17,682			19,426			20,744

Total Tier 1 Capital (T1C) (CET1 + AT1)	$	175,788		$	173,783		$	176,878

Total Leverage Exposure (TLE)(b)	$	3,005,668		$	2,949,534		$	2,927,392

Supplementary Leverage Ratio (T1C / TLE)(b)		5.8%			5.9%			6.0%

All values are in US Dollars.

(a)	Preliminary.
(b)	Please refer to Footnote 2 at the end of this press release for additional information.
---	---
(c)	Additional Tier 1 Capital primarily includes qualifying noncumulative perpetual preferred stock and qualifying trust preferred securities.
---	---

Appendix F


( and shares in millions)	3Q’24^(a)^		****	2Q’24		****	3Q’23

Common Stockholders’ Equity	$	192,733		$	190,210		$	190,008
Less:
Goodwill		19,691			19,704			19,829
Intangible Assets (other than MSRs)		3,438			3,517			3,811
Goodwill and Identifiable Intangible Assets (other than MSRs) Related to Businesses Held-for-Sale		16			-			49
Tangible Common Equity (TCE)	$	169,588		$	166,989		$	166,319

Common Shares Outstanding (CSO)		1,891.3			1,907.8			1,913.9

Tangible Book Value Per Share	$	89.67		$	87.53		$	86.90

All values are in US Dollars.

(a) Preliminary.

Appendix G


Banking ( in millions)	3Q’24		****	2Q’24		****	3Q’23		****	% Δ QoQ	% Δ YoY

Corporate Lending Revenues - As Reported	$	663		$	774		$	662		(14)%	0%
Less:
Gain/(loss) on loan hedges(a)	$	(79)		$	9		$	(47)		NM	(68)%
Corporate Lending Revenues - Excluding Gain/(loss) on loan hedges	$	742		$	765		$	709		(3)%	5%

All values are in US Dollars.

(a) Please refer to Footnote 8 at the end of this press release for additional information.

Appendix H


( in billions)	3Q’24		****	2Q’24		****	3Q’23

Average Tangible Common Equity (TCE)
Services	$	24.9		$	24.9		$	23.0
Markets		54.0			54.0			53.1
Banking		21.8			21.8			21.4
USPB		25 .2			25.2			21.9
Wealth		13.2			13.2			13.4
All Other		29.2			27.0			32.5
Total Citigroup Average TCE	$	168.3		$	166.1		$	165.3
Plus:
Average Goodwill		19.6			19.5			19.9
Average Intangible Assets (other than MSRs)		3.5			3.6			3.9
Average Goodwill and Identifiable Intangible Assets (other than MSRs) Related to Businesses Held-for-Sale		-			-			0.1
Total Citigroup Average Common Stockholders’ Equity	$	191.4		$	189.2		$	189.2

All values are in US Dollars.

^(1)^ Ratios as of September 30, 2024 are preliminary. Citigroup’s allocated average tangible common equity (TCE) and return on average tangible common equity (RoTCE) are non-GAAP financial measures. RoTCE represents annualized net income available to common shareholders as a percentage of average TCE. For the components of these calculations, see Appendix A. See Appendix F for a reconciliation of common equity to TCE. For a reconciliation of the summation of the segments’ and components’ average allocated TCE to Citigroup’s total average stockholder’s equity, see Appendix H.

^(2)^ Ratios as of September 30, 2024 are preliminary. Citigroup’s Common Equity Tier 1 (CET1) Capital ratio and Supplementary Leverage ratio (SLR) reflect certain deferrals based on the modified regulatory capital transition provision related to the Current Expected Credit Losses (CECL) standard. Excluding these deferrals, Citigroup’s CET1 Capital ratio and SLR as of September 30, 2024 would be 13.6% and 5.8%, respectively, on a fully reflected basis. For additional information, see “Capital Resources—Regulatory Capital Treatment—Modified Transition of the Current Expected Credit Losses Methodology” in Citigroup’s 2023 Annual Report on Form 10-K.

For the composition of Citigroup’s CET1 Capital and ratio, see Appendix D. For the composition of Citigroup’s SLR, see Appendix E.

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

^(4)^ Citigroup’s tangible book value per share is a non-GAAP financial measure. See Appendix F for a reconciliation of common equity to tangible common equity and resulting calculation of tangible book value per share.

^(5)^ Revenues excluding divestiture-related impacts are non-GAAP financial measures. For additional information and a reconciliation to reported results, please refer to Appendices B and C.

^(6)^ Expenses excluding divestiture-related impacts are non-GAAP financial measures. For additional information and a reconciliation to reported results, please refer to Appendices B and C. Included in Citigroup’s reported expenses was a reduction in operating expenses related to the FDIC special assessment in the third quarter 2024 of approximately $56 million.

^(7)^ Prime balances are defined as client’s billable balances where Citi provides cash or synthetic prime brokerage services.

^(8)^ Credit derivatives are used to economically hedge a portion of the Corporate Lending portfolio that includes both accrual loans and loans at fair value. Gain / (loss) on loan hedges includes the mark-to-market on the credit derivatives and the mark-to-market on the loans in the portfolio that are at fair value. In the third quarter 2024, gain / (loss) on loan hedges included $(79) million related to Corporate Lending, compared to $(47) million in the prior-year period. The fixed premium costs of these hedges are netted against the Corporate Lending revenues to reflect the cost of credit protection. Citigroup’s results of operations excluding the impact of gain / (loss) on loan hedges are non-GAAP financial measures. For a reconciliation to reported results, please refer to Appendix G.

^(9)^ All Other (managed basis) reflects results on a managed basis, which excludes divestiture-related impacts, for all periods, related to Citi’s divestitures of its Asia consumer banking businesses and the planned divestiture of its Mexico consumer banking and small business and middle market banking within Legacy Franchises. Certain of the results of operations of All Other (managed basis) and Legacy Franchises (managed basis) that exclude divestiture-related impacts are non-GAAP financial measures. For additional information and a reconciliation of these results, please refer to Appendix C. 15

Exhibit 99.2


CITIGROUP—QUARTERLY FINANCIAL DATA SUPPLEMENT	3Q24


		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
	U.S. Personal Banking (USPB)	8
	Metrics	9
	Wealth	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

CITIGROUP FINANCIAL SUMMARY

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

		****			****			****			****			****			3Q24 Increase/			Nine			Nine			YTD 2024 vs.
		3Q			4Q			1Q			2Q			3Q			(Decrease) from			Months			Months			YTD 2023 Increase/
	****	2023		****	2023		****	2024		****	2024		****	2024		****	2Q24	****	3Q23	2023		****	2024		****	(Decrease)
Total revenues, net of interest expense^(1)(6)^		$	20,139		$	17,440		$	21,104		$	20,139		$	20,315		1%		1%	$	61,022		$	61,558		1%
Total operating expenses^(1)(2)(3)(4)(5)(6)^			13,511			15,996			14,195			13,353			13,250		(1%)		(2%)		40,370			40,798		1%
Net credit losses (NCLs)			1,637			1,994			2,303			2,283			2,172		(5%)		33%		4,443			6,758		52%
Credit reserve build (release) for loans			179			478			119			76			210		NM		17%		871			405		(54%)
Provision / (release) for unfunded lending commitments			(54)			(81)			(98)			(8)			105		NM		NM		(344)			(1)		100%
Provisions for benefits and claims, other assets and HTM debt securities			78			1,156			41			125			188		50%		NM		669			354		(47%)
Provisions for credit losses and for benefits and claims			1,840			3,547			2,365			2,476			2,675		8%		45%		5,639			7,516		33%
Income (loss) from continuing operations before income taxes			4,788			(2,103)			4,544			4,310			4,390		2%		(8%)		15,013			13,244		(12%)
Income taxes (benefits)			1,203			(296)			1,136			1,047			1,116		7%		(7%)		3,824			3,299		(14%)
Income (loss) from continuing operations		****	3,585		****	(1,807)		****	3,408		****	3,263		****	3,274		-		(9%)		11,189		****	9,945		(11%)
Income (loss) from discontinued operations, net of taxes			2			(1)			(1)			-			(1)		(100%)		NM		-			(2)		NM
Net income (loss) before noncontrolling interests			3,587			(1,808)			3,407			3,263			3,273		-		(9%)		11,189			9,943		(11%)
Net income (loss) attributable to noncontrolling interests			41			31			36			46			35		(24%)		(15%)		122			117		(4%)
Citigroup's net income (loss)		$	3,546		$	(1,839)		$	3,371		$	3,217		$	3,238		1%		(9%)	$	11,067		$	9,826		(11%)
Diluted earnings per share:
Income (loss) from continuing operations		$	1.63		$	(1.16)		$	1.58		$	1.52		$	1.51		(1%)		(7%)	$	5.14		$	4.61		(10%)
Citigroup's net income (loss)		$	1.63		$	(1.16)		$	1.58		$	1.52		$	1.51		(1%)		(7%)	$	5.14		$	4.61		(10%)
Preferred dividends		$	333		$	300		$	279		$	242		$	277		14%		(17%)	$	898		$	798		(11%)
Income allocated to unrestricted common shareholders—basic
Income (loss) from continuing operations (for EPS purposes)		$	3,158		$	(2,217)		$	3,048		$	2,943		$	2,906		(1%)		(8%)	$	10,048		$	8,897		(11%)
Citigroup's net income (loss) (for EPS purposes)			3,160			(2,218)			3,047			2,943			2,905		(1%)		(8%)		10,048			8,895		(11%)
Income allocated to unrestricted common shareholders—diluted
Income (loss) from continuing operations (for EPS purposes)		$	3,174		$	(2,217)		$	3,063		$	2,962		$	2,926		(1%)		(8%)	$	10,090		$	8,951		(11%)
Citigroup's net income (loss) (for EPS purposes)			3,176			(2,218)			3,062			2,962			2,925		(1%)		(8%)		10,090			8,949		(11%)
Shares (in millions):
Average basic			1,924.4			1,909.7			1,910.4			1,907.7			1,899.9		-		(1%)		1,936.9			1,906.0		(2%)
Average diluted			1,951.7			1,909.7			1,943.2			1,945.7			1,940.3		-		(1%)		1,961.5			1,943.1		(1%)
Common shares outstanding, at period end			1,913.9			1,903.1			1,907.4			1,907.8			1,891.3		(1%)		(1%)
Regulatory capital ratios and performance metrics:
Common Equity Tier 1 (CET1) Capital ratio^(7)(8)(9)^			13.59%			13.37%			13.45%			13.59%			13.7%
Tier 1 Capital ratio^(7)(8)(9)^			15.40%			15.02%			15.11%			15.30%			15.2%
Total Capital ratio^(7)(8)(9)^			15.78%			15.13%			15.17%			15.41%			15.3%
Supplementary Leverage ratio (SLR)^(7)(9)(10)^			6.04%			5.82%			5.84%			5.89%			5.8%
Return on average assets			0.58%			(0.30%)			0.55%			0.53%			0.52%						0.60%			0.53%
Return on average common equity			6.7%			(4.5%)			6.6%			6.3%			6.2%						7.3%			6.4%
Average tangible common equity (TCE) (in billions of dollars)^(11)^		$	165.3		$	165.2		$	164.7		$	166.1		$	168.3		1%		2%	$	163.2		$	166.5		2%
Return on average tangible common equity (RoTCE)^(11)^			7.7%			(5.1%)			7.6%			7.2%			7.0%		(20) bps		(70) bps		8.3%			7.2%		(110) bps
Efficiency ratio (total operating expenses/total revenues, net)			67.1%			91.7%			67.3%			66.3%			65.2%		(110) bps		(190) bps		66.2%			66.3%		10 bps
Balance sheet data (in billions of dollars, except per share amounts):^(7)^
Total assets		$	2,368.5		$	2,411.8		$	2,432.5		$	2,405.7		$	2,430.7		1%		3%
Total average assets			2,413.8			2,427.3			2,450.3			2,456.5			2,492.1		1%		3%		2,447.2			2,466.3		1%
Total loans			666.3			689.4			674.6			687.7			688.9		-		3%
Total deposits			1,273.5			1,308.7			1,307.2			1,278.1			1,310.0		2%		3%
Citigroup's stockholders' equity			209.5			205.5			206.6			208.3			209.1		-		-
Book value per share			99.28			98.71			99.08			99.70			101.91		2%		3%
Tangible book value per share^(11)^			86.90			86.19			86.67			87.53			89.67		2%		3%
Direct staff (in thousands)			240			239			237			229			229		-		(5%)

(1)	See footnote 2 on page 14.
(2)	See footnote 3 on page 14.
---	---
(3)	See footnote 4 on page 14.
---	---
(4)	See footnote 5 on page 14.
---	---
(5)	See footnote 6 on page 14.
---	---
(6)	See footnote 7 on page 14.
---	---
(7)	3Q24 is preliminary.
---	---
(8)	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.
---	---
(9)	Citi's regulatory capital ratios and components reflect certain deferrals based on the modified regulatory capital transition provision related to the Current Expected Credit Losses (CECL) standard. For additional information, see "Capital Resources—Regulatory Capital Treatment—Modified Transition of the Current Expected Credit Losses Methodology" in Citigroup's 2023 Annual Report on Form 10-K.
---	---
(10)	For the composition of Citi's SLR, see page 22.
---	---
(11)	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.
---	---

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

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page1

CITIGROUP CONSOLIDATED STATEMENT OF INCOME

(In millions of dollars)

	****	****		****	****		****	****		****	****		****	****		****	3Q24 Increase/			****	Nine		****	Nine		****	YTD 2024 vs.
	****	3Q		****	4Q		****	1Q		****	2Q		****	3Q		****	(Decrease) from			****	Months		****	Months		****	YTD 2023 Increase/
	****	2023		****	2023		****	2024		****	2024		****	2024		****	2Q24	****	3Q23	****	2023		****	2024		****	(Decrease)
Revenues
Interest income (including dividends)		$	34,837		$	36,379		$	36,223		$	35,987		$	36,456		1%		5%		$	96,879		$	108,666		12%
Interest expense			21,009			22,555			22,716			22,494			23,094		3%		10%			55,803			68,304		22%
Net interest income (NII)			13,828			13,824			13,507			13,493			13,362		(1%)		(3%)			41,076			40,362		(2%)
Commissions and fees			2,195			2,212			2,724			2,662			2,695		1%		23%			6,693			8,081		21%
Principal transactions			3,008			1,473			3,274			2,874			3,219		12%		7%			9,475			9,367		(1%)
Administrative and other fiduciary fees			971			925			1,037			1,046			1,059		1%		9%			2,856			3,142		10%
Realized gains (losses) on sales of investments, net			30			37			115			23			72		NM		NM			151			210		39%
Impairment losses on investments			(70)			(96)			(30)			(17)			(45)		NM		36%			(227)			(92)		59%
Provision for credit losses on available-for-sale (AFS) debt securities^(1)^			(1)			(3)			-			(4)			4		NM		NM			(1)			-		100%
Other revenue (loss)			178			(932)			477			62			(51)		NM		NM			999			488		(51%)
Total non-interest revenues (NIR)			6,311			3,616			7,597			6,646			6,953		5%		10%			19,946			21,196		6%
Total revenues, net of interest expense	****	****	20,139	****	****	17,440	****	****	21,104	****	****	20,139	****	****	20,315	****	1%	****	1%	****		61,022	****	****	61,558	****	1%
Provisions for credit losses and for benefits and claims
Net credit losses on loans			1,637			1,994			2,303			2,283			2,172		(5%)		33%			4,443			6,758		52%
Credit reserve build / (release) for loans			179			478			119			76			210		NM		17%			871			405		(54%)
Provision for credit losses on loans			1,816			2,472			2,422			2,359			2,382		1%		31%			5,314			7,163		35%
Provision for credit losses on held-to-maturity (HTM) debt securities			(3)			-			10			(5)			50		NM		NM			(24)			55		NM
Provision for credit losses on other assets			56			1,132			4			112			110		(2%)		96%			630			226		(64%)
Policyholder benefits and claims			25			24			27			18			28		56%		12%			63			73		16%
Provision for credit losses on unfunded lending commitments			(54)			(81)			(98)			(8)			105		NM		NM			(344)			(1)		100%
Total provisions for credit losses and for benefits and claims^(2)^	****	****	1,840	****	****	3,547	****	****	2,365	****	****	2,476	****	****	2,675	****	8%	****	45%	****		5,639	****	****	7,516	****	33%
Operating expenses
Compensation and benefits			7,424			6,882			7,673			6,888			7,058		2%		(5%)			22,350			21,619		(3%)
Premises and equipment			620			695			585			597			606		2%		(2%)			1,813			1,788		(1%)
Technology / communication			2,256			2,414			2,246			2,238			2,273		2%		1%			6,692			6,757		1%
Advertising and marketing			324			377			228			280			282		1%		(13%)			1,016			790		(22%)
Restructuring			-			781			225			36			9		(75%)		NM			N/A			270		NM
Other operating			2,887			4,847			3,238			3,314			3,022		(9%)		5%			8,499			9,574		13%
Total operating expenses	****	****	13,511	****	****	15,996	****	****	14,195	****	****	13,353	****	****	13,250	****	(1%)	****	(2%)	****		40,370	****	****	40,798	****	1%
Income (loss) from continuing operations before income taxes			4,788			(2,103)			4,544			4,310			4,390		2%		(8%)			15,013			13,244		(12%)
Provision (benefit) for income taxes			1,203			(296)			1,136			1,047			1,116		7%		(7%)			3,824			3,299		(14%)
Income (loss) from continuing operations	****	****	3,585	****	****	(1,807)		****	3,408	****	****	3,263	****	****	3,274	****	-	****	(9%)	****		11,189	****	****	9,945	****	(11%)

Discontinued operations
Income (loss) from discontinued operations			2			(1)			(1)			-			(1)		(100%)		NM			-			(2)		NM
Provision (benefit) for income taxes			-			-			-			-			-		-		-			-			-		-
Income (loss) from discontinued operations, net of taxes			2			(1)			(1)			-			(1)		(100%)		NM			-			(2)		NM
Net income (loss) before attribution to noncontrolling interests			3,587			(1,808)			3,407			3,263			3,273		-		(9%)			11,189			9,943		(11%)
Noncontrolling interests			41			31			36			46			35		(24%)		(15%)			122			117		(4%)
Citigroup's net income (loss)	****	$	3,546	****	$	(1,839)		$	3,371	****	$	3,217	****	$	3,238	****	1%	****	(9%)	****	$	11,067	****	$	9,826	****	(11%)

(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.
---	---

N/A Not applicable.

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page2

CITIGROUP CONSOLIDATED BALANCE SHEET

(In millions of dollars)

											3Q24 Increase/
	September 30,		December 31,		March 31,		June 30,		September 30,		(Decrease) from
	2023		2023		2024		2024		2024^(1)^		2Q24	****	3Q23
Assets
Cash and due from banks (including segregated cash and other deposits)	$	26,548	$	27,342	$	25,174	$	26,917	$	25,266	(6%)		(5%)
Deposits with banks, net of allowance		227,439		233,590		247,556		219,217		277,828	27%		22%
Securities borrowed and purchased under resale agreements, net of allowance		335,059		345,700		344,264		317,970		285,928	(10%)		(15%)
Brokerage receivables, net of allowance		66,194		53,915		61,314		64,563		63,653	(1%)		(4%)
Trading account assets		406,368		411,756		431,468		446,339		458,072	3%		13%
Investments
Available-for-sale debt securities		241,783		256,936		254,898		249,362		234,444	(6%)		(3%)
Held-to-maturity debt securities, net of allowance		259,456		254,247		252,459		251,125		248,274	(1%)		(4%)
Equity securities		7,759		7,902		7,826		7,789		7,953	2%		3%
Total investments		508,998		519,085		515,183		508,276		490,671	(3%)		(4%)
Loans
Consumer^(2)^		377,714		389,197		381,759		386,117		389,151	1%		3%
Corporate^(3)^		288,634		300,165		292,819		301,605		299,771	(1%)		4%
Loans, net of unearned income		666,348		689,362		674,578		687,722		688,922	-		3%
Allowance for credit losses on loans (ACLL)		(17,629)		(18,145)		(18,296)		(18,216)		(18,356)	(1%)		(4%)
Total loans, net		648,719		671,217		656,282		669,506		670,566	-		3%
Goodwill		19,829		20,098		20,042		19,704		19,691	-		(1%)
Intangible assets (including MSRs)		4,540		4,421		4,338		4,226		4,121	(2%)		(9%)
Premises and equipment, net of depreciation and amortization		27,959		28,747		29,188		29,399		30,096	2%		8%
Other assets, net of allowance		96,824		95,963		97,701		99,569		104,771	5%		8%
Total assets	$	2,368,477	$	2,411,834	$	2,432,510	$	2,405,686	$	2,430,663	1%		3%
Liabilities
Non-interest-bearing deposits in U.S. offices	$	104,061	$	112,089	$	112,535	$	117,607	$	118,034	-		13%
Interest-bearing deposits in U.S. offices		569,428		576,784		570,259		546,772		558,461	2%		(2%)
Total U.S. deposits		673,489		688,873		682,794		664,379		676,495	2%		-
Non-interest-bearing deposits in offices outside the U.S.		84,663		88,988		87,936		83,150		84,913	2%		-
Interest-bearing deposits in offices outside the U.S.		515,354		530,820		536,433		530,608		548,591	3%		6%
Total international deposits		600,017		619,808		624,369		613,758		633,504	3%		6%
Total deposits		1,273,506		1,308,681		1,307,163		1,278,137		1,309,999	2%		3%
Securities loaned and sold under repurchase agreements		256,770		278,107		299,387		305,206		278,377	(9%)		8%
Brokerage payables		75,076		63,539		73,013		73,621		81,186	10%		8%
Trading account liabilities		164,624		155,345		156,652		151,259		142,534	(6%)		(13%)
Short-term borrowings		43,166		37,457		31,910		38,694		41,340	7%		(4%)
Long-term debt		275,760		286,619		285,495		280,321		299,081	7%		8%
Other liabilities, plus allowances^(4)^		69,380		75,835		71,492		69,304		68,244	(2%)		(2%)
Total liabilities	$	2,158,282	$	2,205,583	$	2,225,112	$	2,196,542	$	2,220,761	1%		3%
Stockholders' equity
Preferred stock	$	19,495	$	17,600	$	17,600	$	18,100	$	16,350	(10%)		(16%)
Common stock		31		31		31		31		31	-		-
Additional paid-in capital		108,757		108,955		108,592		108,785		108,969	-		-
Retained earnings		202,135		198,905		200,956		202,913		204,770	1%		1%
Treasury stock, at cost		(74,738)		(75,238)		(74,865)		(74,842)		(75,840)	(1%)		(1%)
Accumulated other comprehensive income (loss) (AOCI)		(46,177)		(44,800)		(45,729)		(46,677)		(45,197)	3%		2%
Total common equity	$	190,008	$	187,853	$	188,985	$	190,210	$	192,733	1%		1%
Total Citigroup stockholders' equity	$	209,503	$	205,453	$	206,585	$	208,310	$	209,083	-		-
Noncontrolling interests		692		798		813		834		819	(2%)		18%
Total equity	****	210,195	****	206,251	****	207,398	****	209,144	****	209,902	-		-
Total liabilities and equity	$	2,368,477	$	2,411,834	$	2,432,510	$	2,405,686	$	2,430,663	1%		3%

(1)	September 30, 2024 is preliminary.
(2)	Consumer loans include loans managed by USPB, Wealth, and All Other—Legacy Franchises (other than Mexico small business and middle-market banking (Mexico SBMM), and the Assets Finance Group (AFG)).
---	---
(3)	Corporate loans include loans managed by Services, Markets, Banking, and All Other—Legacy Franchises—Mexico SBMM, and the AFG.
---	---
(4)	Includes allowance for credit losses for unfunded lending commitments. See page 19.
---	---

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page3

OPERATING SEGMENT, REPORTING UNIT, AND COMPONENT DETAILS

(In millions of dollars)

																	3Q24 Increase/				Nine			Nine			YTD 2024 vs.
	****	3Q		****	4Q		****	1Q		****	2Q		****	3Q		****	(Decrease) from			****	Months		****	Months		****	YTD 2023 Increase/
		2023			2023			2024			2024			2024			2Q24	****	3Q23		2023			2024			(Decrease)
Revenues, net of interest expense
Services		$	4,636		$	4,517		$	4,766		$	4,680		$	5,028		7%		8%		$	13,585		$	14,474		7%
Markets			4,748			3,366			5,357			5,086			4,817		(5%)		1%			15,283			15,260		-
Banking			1,373			978			1,736			1,627			1,597		(2%)		16%			3,737			4,960		33%
U.S. Personal Banking (USPB)			4,917			4,940			5,178			4,919			5,045		3%		3%			14,247			15,142		6%
Wealth			1,831			1,664			1,693			1,814			2,002		10%		9%			5,357			5,509		3%
All Other—managed basis^(1)(2)^			2,238			2,037			2,386			1,980			1,825		(8%)		(18%)			7,405			6,191		(16%)
Reconciling Items—divestiture-related impacts^(3)^			396			(62)			(12)			33			1		(97%)		(100%)			1,408			22		(98%)
Total net revenues—reported		$	20,139		$	17,440		$	21,104		$	20,139		$	20,315		1%		1%		$	61,022		$	61,558		1%

Income (loss) from continuing operations
Services		$	1,355		$	807		$	1,515		$	1,498		$	1,683		12%		24%		$	3,894		$	4,696		21%
Markets			1,065			(128)			1,421			1,469			1,089		(26%)		2%			4,066			3,979		(2%)
Banking			157			(296)			527			409			236		(42%)		50%			265			1,172		NM
USPB			756			201			347			121			522		NM		(31%)			1,619			990		(39%)
Wealth			132			21			175			210			283		35%		NM			398			668		68%
All Other—managed basis^(1)(2)^			(94)			(2,301)			(483)			(412)			(494)		(20%)		NM			177			(1,389)		NM
Reconciling Items—divestiture-related impacts^(3)^			214			(111)			(94)			(32)			(45)		(41%)		NM			770			(171)		NM
Income (loss) from continuing operations—reported		****	3,585		****	(1,807)		****	3,408		****	3,263		****	3,274		-		(9%)			11,189		****	9,945		(11%)

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

Net income (loss) attributable to noncontrolling interests			41			31			36			46			35		(24%)		(15%)			122			117		(4%)

Net income (loss)		$	3,546		$	(1,839)		$	3,371		$	3,217		$	3,238		1%		(9%)		$	11,067		$	9,826		(11%)

(1)	Includes Legacy Franchises and certain unallocated costs of global staff functions (including finance, risk, human resources, legal, and compliance-related costs), other corporate expenses, and unallocated global operations and technology expenses, and income taxes, as well as Corporate Treasury investment activities and discontinued operations.
(2)	Reflects results on a managed basis, which excludes divestiture-related impacts related to Citi's divestitures of its Asia consumer banking businesses and the planned divestiture of Mexico consumer banking, small business and middle-market banking (Mexico Consumer/SBMM) within Legacy Franchises. See page 14 for additional information.
---	---
(3)	Reconciling Items consist of the divestiture-related impacts excluded from All Other on a managed basis. See page 14 for additional information. The Reconciling Items are fully reflected in the various line items in Citi's Consolidated Statement of Income (page 2).
---	---

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page4

SERVICES

(In millions of dollars, except as otherwise noted)

											3Q24 Increase/		Nine		Nine		YTD 2024 vs.
	3Q		4Q		1Q		2Q		3Q		(Decrease) from		Months		Months		YTD 2023 Increase/
	2023		2023		2024		2024		2024		2Q24	3Q23	2023		2024		(Decrease)


Net interest income (including dividends)	$	3,440	$	3,442	$	3,317	$	3,225	$	3,435	7%	-	$	9,809	$	9,977	2%
Fee revenue
Commissions and fees		782		815		797		867		847	(2%)	8%		2,310		2,511	9%
Fiduciary and administrative, and other		630		606		685		695		701	1%	11%		1,895		2,081	10%
Total fee revenue		1,412		1,421		1,482		1,562		1,548	(1%)	10%		4,205		4,592	9%
Principal transactions		267		271		248		182		266	46%	-		735		696	(5%)
All other^(1)^		(483)		(617)		(281)		(289)		(221)	24%	54%		(1,164)		(791)	32%
Total non-interest revenue		1,196		1,075		1,449		1,455		1,593	9%	33%		3,776		4,497	19%
Total revenues, net of interest expense		4,636		4,517		4,766		4,680		5,028	7%	8%		13,585		14,474	7%
Total operating expenses		2,520		2,596		2,666		2,734		2,588	(5%)	3%		7,435		7,988	7%
Net credit losses (recoveries) on loans		27		(6)		6		-		14	NM	(48%)		46		20	(57%)
Credit reserve build (release) for loans		6		127		34		(100)		7	NM	17%		(80)		(59)	26%
Provision (release) for credit losses on unfunded lending commitments		23		(22)		12		2		7	NM	(70%)		4		21	NM
Provisions for credit losses for other assets and HTM debt securities		39		547		12		71		99	39%	NM		334		182	(46%)
Provision for credit losses		95		646		64		(27)		127	NM	34%		304		164	(46%)
Income from continuing operations before taxes		2,021		1,275		2,036		1,973		2,313	17%	14%		5,846		6,322	8%
Income taxes		666		468		521		475		630	33%	(5%)		1,952		1,626	(17%)
Income from continuing operations		1,355		807		1,515		1,498		1,683	12%	24%		3,894		4,696	21%
Noncontrolling interests		16		21		25		27		32	19%	100%		45		84	87%
Net income	$	1,339	$	786	$	1,490	$	1,471	$	1,651	12%	23%	$	3,849	$	4,612	20%
EOP assets (in billions)	$	552	$	586	$	577	$	569	$	608	7%	10%
Average assets (in billions)		566		582		580		575		591	3%	4%	$	583	$	582	-
Efficiency ratio		54%		57%		56%		58%		51%	(700) bps	(300) bps		55%		55%	0 bps
Average allocated TCE (in billions)^(2)^	$	23.0	$	23.0	$	24.9	$	24.9	$	24.9	-	8%	$	23.0	$	24.9	8%
RoTCE^(2)^		23.1%		13.6%		24.1%		23.8%		26.4%	260 bps	330 bps		22.4%		24.7%	230 bps

Revenue by component
Net interest income	$	2,868	$	2,887	$	2,723	$	2,629	$	2,731	4%	(5%)	$	8,198	$	8,083	(1%)
Non-interest revenue		645		557		793		802		909	13%	41%		2,074		2,504	21%
Treasury and Trade Solutions (TTS)		3,513		3,444		3,516		3,431		3,640	6%	4%		10,272		10,587	3%
Net interest income		572		555		594		596		704	18%	23%		1,611		1,894	18%
Non-interest revenue		551		518		656		653		684	5%	24%		1,702		1,993	17%
Securities Services		1,123		1,073		1,250		1,249		1,388	11%	24%		3,313		3,887	17%
Total Services	$	4,636	$	4,517	$	4,766	$	4,680	$	5,028	7%	8%	$	13,585	$	14,474	7%

Revenue by geography
North America	$	1,333	$	1,299	$	1,243	$	1,298	$	1,367	5%	3%	$	3,832	$	3,908	2%
International		3,303		3,218		3,523		3,382		3,661	8%	11%		9,753		10,566	8%
Total	$	4,636	$	4,517	$	4,766	$	4,680	$	5,028	7%	8%	$	13,585	$	14,474	7%

Key drivers^(3)^ **** (in billions of dollars, except as otherwise noted)
Average loans by reporting unit
TTS	$	82	$	82	$	81	$	81	$	86	6%	5%	$	80	$	83	4%
Securities Services		1		1		1		1		1	-	-		1		1	-
Total	$	83	$	83	$	82	$	82	$	87	6%	5%	$	81	$	84	4%

ACLL as a % of EOP loans^(4)^		0.33%		0.47%		0.54%		0.37%		0.38%	1 bps	5 bps

Average deposits by reporting unit and selected component
TTS	$	677	$	681	$	684	$	677	$	690	2%	2%	$	691	$	683	(1%)
Securities Services		120		122		124		127		135	6%	13%		123		129	5%
Total	$	797	$	803	$	808	$	804	$	825	3%	4%	$	814	$	812	-

AUC/AUA (in trillions of dollars)^(5)^	$	21.5	$	23.5	$	24.0	$	24.2	$	26.3	9%	22%
Cross-border transaction value^(6)^	$	87.8	$	99.4	$	90.7	$	92.7	$	95.0	2%	8%	$	258.6	$	278.4	8%
U.S. dollar clearing volume (in millions)^(7)^		40.0		40.2		39.6		41.6		42.7	3%	7%		117.1		123.9	6%
Commercial card spend volumes	$	16.9	$	16.6	$	16.8	$	18.0	$	18.3	2%	8%	$	50.2	$	53.1	6%

(1)	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.
(2)	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.
---	---
(3)	Management uses this information in reviewing the segment’s results and believes it is useful to investors concerning underlying segment performance and trends.
---	---
(4)	Excludes loans that are carried at fair value for all periods.
---	---
(5)	3Q24 is preliminary.
---	---
(6)	Represents the total value of cross-border foreign exchange payments processed through Citi platforms.
---	---
(7)	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.

Page5

MARKETS

(In millions of dollars, except as otherwise noted)

																	3Q24 Increase/				Nine			Nine			YTD 2024 vs.
		3Q			4Q			1Q			2Q			3Q			(Decrease) from				Months			Months			YTD 2023 Increase/
	****	2023		****	2023		****	2024		****	2024		****	2024		****	2Q24	****	3Q23	****	2023		****	2024		****	(Decrease)

Net interest income (including dividends)		$	1,695		$	1,987		$	1,706		$	2,038		$	1,405		(31%)		(17%)		$	5,246		$	5,149		(2%)
Fee revenue
Brokerage and fees			337			328			336			346			391		13%		16%			1,053			1,073		2%
Investment banking fees^(1)^			103			103			100			104			118		13%		15%			289			322		11%
Other^(2)^			31			46			62			62			64		3%		NM			101			188		86%
Total fee revenue			471			477			498			512			573		12%		22%			1,443			1,583		10%

Principal transactions			2,853			1,212			3,178			2,696			2,847		6%		-			9,260			8,721		(6%)
All other^(3)^			(271)			(310)			(25)			(160)			(8)		95%		97%			(666)			(193)		71%
Total non-interest revenue			3,053			1,379			3,651			3,048			3,412		12%		12%			10,037			10,111		1%
Total revenues, net of interest expense		****	4,748		****	3,366		****	5,357		****	5,086		****	4,817		(5%)	****	1%			15,283		****	15,260		-
Total operating expenses			3,310			3,436			3,384			3,305			3,339		1%		1%			9,822			10,028		2%
Net credit losses (recoveries) on loans			(4)			30			78			66			24		(64%)		NM			2			168		NM
Credit reserve build (release) for loans			119			40			120			(111)			37		NM		(69%)			162			46		(72%)
Provision (release) for credit losses on unfunded lending commitments			5			12			(1)			2			47		NM		NM			(7)			48		NM
Provisions for credit losses for other assets and HTM debt securities			42			127			2			32			33		3%		(21%)			72			67		(7%)
Provision for credit losses			162			209			199			(11)			141		NM		(13%)			229			329		44%
Income (loss) from continuing operations before taxes			1,276			(279)			1,774			1,792			1,337		(25%)		5%			5,232			4,903		(6%)
Income taxes (benefits)			211			(151)			353			323			248		(23%)		18%			1,166			924		(21%)
Income (loss) from continuing operations		****	1,065		****	(128)		****	1,421		****	1,469		****	1,089		(26%)		2%			4,066		****	3,979		(2%)
Noncontrolling interests			15			12			15			26			17		(35%)		13%			55			58		5%
Net income (loss)		$	1,050		$	(140)		$	1,406		$	1,443		$	1,072		(26%)	****	2%		$	4,011		$	3,921		(2%)
EOP assets (in billions)		$	1,009		$	1,008		$	1,038		$	1,023		$	1,002		(2%)		(1%)
Average assets (in billions)			1,026			1,033			1,048			1,064			1,082		2%		5%		$	1,024		$	1,065		4%
Efficiency ratio			70%			102%			63%			65%			69%		400 bps		(100) bps			64%			66%		200 bps
Average allocated TCE (in billions)^(4)^		$	53.1		$	53.1		$	54.0		$	54.0		$	54.0		-		2%		$	53.1		$	54.0		2%
RoTCE^(4)^			7.8%			(1.0%)			10.5%			10.7%			7.9%		(280) bps		10 bps			10.1%			9.7%		(40) bps

Revenue by component
Fixed Income markets		$	3,806		$	2,547		$	4,130		$	3,564		$	3,578		-		(6%)		$	12,065		$	11,272		(7%)
Equity markets			942			819			1,227			1,522			1,239		(19%)		32%			3,218			3,988		24%
Total		$	4,748		$	3,366		$	5,357		$	5,086		$	4,817		(5%)	****	1%		$	15,283		$	15,260		-

Rates and currencies		$	2,747		$	1,737		$	2,800		$	2,466		$	2,465		-		(10%)		$	9,057		$	7,731		(15%)
Spread products / other fixed income			1,059			810			1,330			1,098			1,113		1%		5%			3,008			3,541		18%
Total Fixed Income markets revenues		$	3,806		$	2,547		$	4,130		$	3,564		$	3,578		-	****	(6%)		$	12,065		$	11,272		(7%)

Revenue by geography
North America		$	1,901		$	1,227		$	2,067		$	2,031		$	1,773		(13%)		(7%)		$	5,612		$	5,871		5%
International			2,847			2,139			3,290			3,055			3,044		-		7%			9,671			9,389		(3%)
Total		$	4,748		$	3,366		$	5,357		$	5,086		$	4,817		(5%)		1%		$	15,283		$	15,260		-

Key drivers^(5)^ **** (in billions of dollars)
Average loans		$	108		$	115		$	120		$	119		$	119		-		10%		$	109		$	119		9%
NCLs as a % of average loans			(0.01%)			0.10%			0.26%			0.22%			0.08%		(14) bps		9 bps			0.00%			0.19%		19 bps
ACLL as a % of EOP loans^(6)^			0.77%			0.71%			0.86%			0.74%			0.77%		3 bps		0 bps
Average trading account assets		$	393		$	392		$	408		$	426		$	462		8%		18%		$	375		$	432		15%
Average deposits^(7)^			23			23			24			25			19		(24%)		(17%)			23			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.
---	---
(7)	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.
---	---

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page6

BANKING

(In millions of dollars, except as otherwise noted)

																	3Q24 Increase/				Nine		****	Nine		****	YTD 2024 vs.
		3Q		****	4Q		****	1Q		****	2Q		****	3Q		****	(Decrease) from				Months		****	Months		****	YTD 2023 Increase/
	****	2023		****	2023		****	2024		****	2024		****	2024		****	2Q24	****	3Q23	****	2023		****	2024		****	(Decrease)
Net interest income (including dividends)		$	555		$	551		$	582		$	527		$	527		-		(5%)		$	1,610		$	1,636		2%
Fee revenue
Investment banking fees^(1)^			694			706			972			935			999		7%		44%			2,007			2,906		45%
Other^(2)^			40			38			42			50			31		(38%)		(23%)			122			123		1%
Total fee revenue			734			744			1,014			985			1,030		5%		40%			2,129			3,029		42%
Principal transactions			(164)			(223)			(227)			(126)			(197)		(56%)		(20%)			(715)			(550)		23%
All other^(3)^			248			(94)			367			241			237		(2%)		(4%)			713			845		19%
Total non-interest revenue			818			427			1,154			1,100			1,070		(3%)		31%			2,127			3,324		56%

Total revenues, net of interest expense	****	****	1,373	****	****	978	****	****	1,736	****	****	1,627	****	****	1,597	****	(2%)	****	16%	****		3,737	****	****	4,960	****	33%
Total operating expenses			1,225			1,161			1,179			1,131			1,116		(1%)		(9%)			3,716			3,426		(8%)

Net credit losses on loans			29			71			66			40			36		(10%)		24%			98			142		45%
Credit reserve build (release) for loans			(22)			(163)			(89)			(51)			62		NM		NM			(182)			(78)		57%
Provision (release) for credit losses on unfunded lending commitments			(64)			(63)			(96)			(9)			59		NM		NM			(291)			(46)		84%
Provisions for credit losses for other assets and HTM debt securities			1			339			(10)			(12)			20		NM		NM			48			(2)		NM
Provision for credit losses			(56)			184			(129)			(32)			177		NM		NM			(327)			16		NM
Income (loss) from continuing operations before taxes			204			(367)			686			528			304		(42%)		49%			348			1,518		NM
Income taxes (benefits)			47			(71)			159			119			68		(43%)		45%			83			346		NM
Income (loss) from continuing operations	****	****	157	****	****	(296)		****	527	****	****	409	****	****	236	****	(42%)	****	50%	****		265	****	****	1,172	****	NM
Noncontrolling interests			1			-			3			3			(2)		NM		NM			4			4		-
Net income (loss)	****	$	156	****	$	(296)		$	524	****	$	406	****	$	238	****	(41%)	****	53%	****	$	261	****	$	1,168	****	NM
EOP assets (in billions)		$	146		$	148		$	151		$	147		$	151		3%		3%
Average assets (in billions)			151			150			154			152			152		-		1%		$	154		$	153		(1%)
Efficiency ratio			89%			119%			68%			70%			70%		0 bps		(1,900) bps			99%			69%		(3,000) bps
Average allocated TCE (in billions)^(4)^		$	21.4		$	21.4		$	21.8		$	21.8		$	21.8		-		2%		$	21.4		$	21.8		2%
RoTCE^(4)^			2.9%			(5.5%)			9.7%			7.5%			4.3%		(320) bps		140 bps			1.6%			7.2%		560 bps

Revenue by component
Total Investment Banking		$	711		$	687		$	925		$	853		$	934		9%		31%		$	1,945		$	2,712		39%
Corporate Lending—excluding gain/(loss) on loan hedges^(3)(5)^			709			422			915			765			742		(3%)		5%			2,104			2,422		15%
Total Banking revenues (ex-gain/(loss) on loan hedges)^(3)(5)^			1,420			1,109			1,840			1,618			1,676		4%		18%			4,049			5,134		27%
Gain/(loss) on loan hedges^(3)(5)^			(47)			(131)			(104)			9			(79)		NM		(68%)			(312)			(174)		44%
Total Banking revenues including gain/(loss) on loan hedges^(3)(5)^	****	$	1,373	****	$	978	****	$	1,736	****	$	1,627	****	$	1,597	****	(2%)	****	16%	****	$	3,737	****	$	4,960	****	33%

Business metrics—investment banking fees
Advisory		$	299		$	286		$	230		$	268		$	394		47%		32%		$	731		$	892		22%
Equity underwriting (Equity Capital Markets (ECM))			123			110			171			174			129		(26%)		5%			390			474		22%
Debt underwriting (Debt Capital Markets (DCM))			272			310			571			493			476		(3%)		75%			886			1,540		74%
Total		$	694		$	706		$	972		$	935		$	999		7%		44%		$	2,007		$	2,906		45%

Revenue by geography
North America		$	623		$	402		$	773		$	749		$	837		12%		34%		$	1,496		$	2,359		58%
International			750			576			963			878			760		(13%)		1%			2,241			2,601		16%
Total		$	1,373		$	978		$	1,736		$	1,627		$	1,597		(2%)		16%		$	3,737		$	4,960		33%

Key drivers^(6)^ **** (in billions of dollars)
Average loans		$	89		$	89		$	89		$	89		$	88		(1%)		(1%)		$	92		$	89		(3%)
NCLs as a % of average loans			0.13%			0.32%			0.30%			0.18%			0.16%		(2) bps		3 bps			0.14%			0.21%		7 bps
ACLL as a % of EOP loans^(7)^			1.75%			1.59%			1.47%			1.42%			1.54%		12 bps		(21) bps
Average deposits			1			1			1			1			1		-		-			1			1		-

(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.

Page7

U.S. PERSONAL BANKING

(In millions of dollars, except as otherwise noted)

																	3Q24 Increase/				Nine			Nine			YTD 2024 vs.
		3Q			4Q			1Q			2Q			3Q			(Decrease) from				Months			Months			YTD 2023 Increase/
	****	2023		****	2023		****	2024		****	2024		****	2024		****	2Q24	****	3Q23	****	2023		****	2024		****	(Decrease)

Net interest income		$	5,175		$	5,238		$	5,226		$	5,103		$	5,293		4%		2%		$	14,912		$	15,622		5%
Fee revenue
Interchange fees			2,434			2,481			2,352			2,524			2,469		(2%)		1%			7,193			7,345		2%
Card rewards and partner payments			(2,777)			(2,889)			(2,580)			(2,847)			(2,839)		-		(2%)			(8,194)			(8,266)		(1%)
Other^(1)^			75			98			105			114			110		(4%)		47%			251			329		31%
Total fee revenue			(268)			(310)			(123)			(209)			(260)		(24%)		3%			(750)			(592)		21%
All other^(2)^			10			12			75			25			12		(52%)		20%			85			112		32%
Total non-interest revenue			(258)			(298)			(48)			(184)			(248)		(35%)		4%			(665)			(480)		28%

Total revenues, net of interest expense			4,917			4,940			5,178			4,919			5,045		3%		3%			14,247			15,142		6%

Total operating expenses			2,481			2,594			2,519			2,442			2,457		1%		(1%)			7,508			7,418		(1%)

Net credit losses on loans			1,343			1,599			1,864			1,931			1,864		(3%)		39%			3,635			5,659		56%
Credit reserve build (release) for loans			114			471			337			382			41		(89%)		(64%)			993			760		(23%)
Provision (release) for credit losses on unfunded lending commit.			(1)			1			-			-			-		-		100%			-			-		-
Provisions for benefits and claims (PBC), and other assets			3			3			3			2			4		100%		33%			5			9		80%
Provisions for credit losses and for PBC			1,459			2,074			2,204			2,315			1,909		(18%)		31%			4,633			6,428		39%
Income from continuing operations before taxes			977			272			455			162			679		NM		(31%)			2,106			1,296		(38%)
Income taxes			221			71			108			41			157		NM		(29%)			487			306		(37%)
Income from continuing operations			756			201			347			121			522		NM		(31%)			1,619			990		(39%)
Noncontrolling interests			-			-			-			-			-		-		-			-			-		-
Net income		$	756		$	201		$	347		$	121		$	522		NM		(31%)		$	1,619		$	990		(39%)
EOP assets (in billions)		$	231		$	242		$	237		$	242		$	245		1%		6%
Average assets (in billions)			230			232			233			239			244		2%		6%		$	230		$	239		4%
Efficiency ratio			50%			53%			49%			50%			49%		(100) bps		(100) bps			53%			49%		(400) bps
Average allocated TCE (in billions)^(3)^		$	21.9		$	21.9		$	25.2		$	25.2		$	25.2		-		15%		$	21.9		$	25.2		15%
RoTCE^(3)^			13.7%			3.6%			5.5%			1.9%			8.2%		630 bps		(550) bps			9.9%			5.2%		(470) bps

Revenue by component
Branded Cards		$	2,539		$	2,620		$	2,640		$	2,537		$	2,731		8%		8%		$	7,368		$	7,908		7%
Retail Services			1,728			1,636			1,900			1,746			1,715		(2%)		(1%)			4,981			5,361		8%
Retail Banking			650			684			638			636			599		(6%)		(8%)			1,898			1,873		(1%)
Total		$	4,917		$	4,940		$	5,178		$	4,919		$	5,045		3%		3%		$	14,247		$	15,142		6%

Average loans and deposits^(4)^(in billions)
Average loans		$	196		$	202		$	204		$	206		$	210		2%		7%		$	189		$	207		10%
ACLL as a % of EOP loans^(5)^			6.36%			6.28%			6.58%			6.60%			6.52%		(8)bps		16 bps
Average deposits			110			105			100			93			85		(9%)		(23%)			111			93		(16%)

(1)	Primarily related to retail banking and credit card-related fees.
(2)	Primarily related to revenue incentives from card networks and partners.
---	---
(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.
---	---

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page8

U.S. PERSONAL BANKING

Metrics

												3Q24 Increase/
	3Q		4Q		1Q		2Q			3Q		(Decrease) from
	2023		2023		2024		2024		****	2024		2Q24	3Q23

U.S. Personal Banking Key Indicators (in billions of dollars, except as otherwise noted)

New account acquisitions (in thousands)
Branded Cards		1,146		1,105		1,170		1,144			1,224	7%	7%
Retail Services		2,152		2,617		1,658		2,034			1,799	(12%)	(16%)
Credit card spend volumes
Branded Cards	$	125.2	$	129.5	$	120.9	$	130.9		$	128.9	(2%)	3%
Retail Services		23.3		26.0		20.0		23.7			21.7	(8%)	(7%)
Average loans^(1)^
Branded Cards	$	103.2	$	106.6	$	107.5	$	109.3		$	111.1	2%	8%
Retail Services		50.2		51.6		51.7		51.0			51.2	-	2%
Retail Banking		42.2		43.9		45.0		46.0			48.0	4%	14%
EOP loans^(1)^
Branded Cards	$	105.2	$	111.1	$	108.0	$	111.8		$	112.1	-	7%
Retail Services		50.5		53.6		50.8		51.7			51.6	-	2%
Retail Banking		43.1		44.4		45.6		46.2			49.4	7%	15%
Total revenues, net of interest expenses as a % of average loans
Branded Cards		9.76%		9.75%		9.88%		9.34%			9.78%
Retail Services		13.66%		12.58%		14.78%		13.77%			13.33%
NII as a % of average loans^(2)^
Branded Cards		9.12%		9.17%		9.30%		8.93%			9.20%
Retail Services		17.77%		16.99%		17.20%		16.92%			17.12%
NCLs as a % of average loans
Branded Cards		2.72%		3.06%		3.65%		3.82%			3.56%
Retail Services		4.53%		5.44%		6.32%		6.45%			6.14%
Retail Banking		0.59%		0.62%		0.69%		0.66%			0.66%
Loans 90+ days past due as a % of EOP loans
Branded Cards		0.92%		1.07%		1.19%		1.09%			1.11%
Retail Services		2.12%		2.36%		2.53%		2.36%			2.45%
Retail Banking^(3)^		0.38%		0.40%		0.35%		0.36%			0.35%
Loans 30-89 days past due as a % of EOP loans
Branded Cards		0.97%		1.03%		1.01%		0.94%			1.05%
Retail Services		2.13%		2.15%		2.18%		2.06%			2.29%
Retail Banking^(3)^		0.55%		0.62%		0.53%		0.55%			0.49%
Branches (actual)		652		647		645		641			641	-	(2%)
Mortgage originations	$	3.9	$	2.8	$	3.1	$	4.3		$	4.6	7%	18%

(1)	Average loans, EOP loans and the related consumer delinquency amounts and ratios include interest and fees receivables balances.
(2)	Net interest income includes certain fees that are recorded as interest revenue.
---	---
(3)	Excludes U.S. government-sponsored agency guaranteed loans.
---	---

Reclassified to conform to the current period's presentation.

Page9

WEALTH

(In millions of dollars, except as otherwise noted)

											3Q24 Increase/		Nine		Nine		YTD 2024 vs.
	3Q		4Q		1Q		2Q		3Q		(Decrease) from		Months		Months		YTD 2023 Increase/
	2023		2023		2024		2024		2024		2Q24	3Q23	2023		2024		(Decrease)
Net interest income	$	1,164	$	1,042	$	981	$	1,047	$	1,233	18%	6%	$	3,371	$	3,261	(3%)
Fee revenue
Commissions and fees		300		296		344		349		349	-	16%		908		1,042	15%
Other^(1)^		215		209		231		232		241	4%	12%		593		704	19%
Total fee revenue		515		505		575		581		590	2%	15%		1,501		1,746	16%
All other^(2)^		152		117		137		186		179	(4%)	18%		485		502	4%
Total non-interest revenue		667		622		712		767		769	-	15%		1,986		2,248	13%
Total revenues, net of interest expense	****	1,831	****	1,664	****	1,693	****	1,814	****	2,002	10%	9%	****	5,357	****	5,509	3%

Total operating expenses		1,669		1,623		1,642		1,542		1,601	4%	(4%)		4,862		4,785	(2%)
Net credit losses on loans		24		31		29		35		27	(23%)	13%		67		91	36%
Credit reserve build (release) for loans		(19)		(27)		(190)		(43)		8	NM	NM		(58)		(225)	NM
Provision (release) for credit losses on unfunded lending commitments		(8)		1		(8)		-		(1)	(100%)	88%		(13)		(9)	31%
Provisions for benefits and claims (PBC), and other assets		1		(1)		(1)		(1)		(1)	-	NM		(3)		(3)	-
Provisions for credit losses and for PBC		(2)		4		(170)		(9)		33	NM	NM		(7)		(146)	NM
Income from continuing operations before taxes		164		37		221		281		368	31%	NM		502		870	73%
Income taxes		32		16		46		71		85	20%	NM		104		202	94%
Income from continuing operations	****	132	****	21	****	175	****	210	****	283	35%	NM	****	398	****	668	68%
Noncontrolling interests		-		-		-		-		-	-	-		-		-	-
Net income	$	132	$	21	$	175	$	210	$	283	35%	NM	$	398	$	668	68%
EOP assets (in billions)	$	233	$	229	$	229	$	228	$	230	1%	(1%)
Average assets (in billions)		238		232		236		230		229	-	(4%)	$	248	$	232	(6%)
Efficiency ratio		91%		98%		97%		85%		80%	(500) bps	(1,100) bps		91%		87%	(400) bps
Average allocated TCE (in billions)^(3)^	$	13.4	$	13.4	$	13.2	$	13.2	$	13.2	-	(1%)	$	13.4	$	13.2	(1%)
RoTCE^(3)^		3.9%		0.6%		5.3%		6.4%		8.5%	210 bps	460 bps		4.0%		6.8%	280 bps

Revenue by component
Private Bank	$	617	$	542	$	571	$	611	$	614	-	-	$	1,790	$	1,796	-
Wealth at Work		234		211		181		195		244	25%	4%		651		620	(5%)
Citigold		980		911		941		1,008		1,144	13%	17%		2,916		3,093	6%
Total	$	1,831	$	1,664	$	1,693	$	1,814	$	2,002	10%	9%	$	5,357	$	5,509	3%

Revenue by geography
North America	$	953	$	858	$	773	$	847	$	1,000	18%	5%	$	2,757	$	2,620	(5%)
International		878		806		920		967		1,002	4%	14%		2,600		2,889	11%
Total	$	1,831	$	1,664	$	1,693	$	1,814	$	2,002	10%	9%	$	5,357	$	5,509	3%

Key drivers^(4)^ **** (in billions of dollars)

EOP client balances
Client investment assets^(5)(6)^	$	469	$	496	$	514	$	541	$	580	7%	24%
Deposits		302		319		320		318		316	(1%)	5%
Loans		151		151		149		150		151	1%	-
Total	$	922	$	966	$	983	$	1,009	$	1,047	4%	14%

Average loans	$	151	$	150	$	150	$	150	$	150	-	(1%)	$	150	$	150	-
ACLL as a % of EOP loans		0.53%		0.51%		0.39%		0.35%		0.36%	1 bps	(17) bps

(1)	Primarily related to fiduciary and administrative fees.
(2)	Primarily related to principal transactions revenue including FX translation.
---	---
(3)	TCE and RoTCE are non-GAAP financial measures. See page 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)	Includes assets under management, and trust and custody assets.
---	---
(6)	3Q24 is preliminary.
---	---

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page10

ALL OTHER—MANAGED BASIS^(1)(2)(3)^

(In millions of dollars, except as otherwise noted)

																	3Q24 Increase/				Nine			Nine			YTD 2024 vs.
	****	3Q		****	4Q		****	1Q		****	2Q		****	3Q		****	(Decrease) from				Months			Months			YTD 2023 Increase/
		2023			2023			2024			2024			2024			2Q24	****	3Q23	****	2023		****	2024		****	(Decrease)

Net interest income		$	1,799		$	1,564		$	1,695		$	1,553		$	1,469		(5%)		(18%)		$	6,128		$	4,717		(23%)
Non-interest revenue^(4)(9)^			439			473			691			427			356		(17%)		(19%)			1,277			1,474		15%
Total revenues, net of interest expense			2,238			2,037			2,386			1,980			1,825		(8%)		(18%)			7,405			6,191		(16%)
Total operating expenses^(4)(5)(6)(7)(8)(9)^			2,192			4,480			2,695			2,114			2,082		(2%)		(5%)			6,761			6,891		2%
Net credit losses on loans			237			236			249			214			208		(3%)		(12%)			634			671		6%
Credit reserve build (release) for loans			(21)			93			(93)			(1)			55		NM		NM			34			(39)		NM
Provision (release) for credit losses on unfunded lending commitments			(9)			(10)			(5)			(3)			(7)		NM		22%			(37)			(15)		59%
Provisions for benefits and claims, other assets and HTM debt securities			(8)			141			35			33			33		-		NM			213			101		(53%)
Provisions for credit losses and for benefits and claims (PBC)			199			460			186			243			289		19%		45%			844			718		(15%)
Income (loss) from continuing operations before taxes			(153)			(2,903)			(495)			(377)			(546)		(45%)		NM			(200)			(1,418)		NM
Income taxes (benefits)			(59)			(602)			(12)			35			(52)		NM		12%			(377)			(29)		92%
Income (loss) from continuing operations			(94)			(2,301)			(483)			(412)			(494)		(20%)		NM			177			(1,389)		NM
Income (loss) from discontinued operations, net of taxes			2			(1)			(1)			-			(1)		(100%)		NM			-			(2)		NM
Noncontrolling interests			9			(2)			(7)			(10)			(12)		(20%)		NM			18			(29)		NM
Net income (loss)		$	(101)		$	(2,300)		$	(477)		$	(402)		$	(483)		(20%)		NM		$	159		$	(1,362)		NM
EOP assets (in billions)		$	197		$	199		$	201		$	197		$	195		(1%)		(1%)
Average assets (in billions)			203			198			199			197			194		(2%)		(4%)		$	208		$	195		(6%)
Efficiency ratio			98%			220%			113%			107%			114%		700 bps		1,600 bps			91%			111%		2,000 bps
Average allocated TCE (in billions)^(10)^		$	32.5		$	32.4		$	25.6		$	27.0		$	29.2		8%		(10%)		$	30.4		$	27.4		(10%)

Revenue by reporting unit and component
Mexico Consumer/SBMM		$	1,527		$	1,460		$	1,571		$	1,640		$	1,526		(7%)		-		$	4,233		$	4,737		12%
Asia Consumer			289			257			254			220			193		(12%)		(33%)			1,267			667		(47%)
Legacy Holdings Assets (LHA)			25			11			4			(133)			20		NM		(20%)			99			(109)		NM
Corporate/Other			397			309			557			253			86		(66%)		(78%)			1,806			896		(50%)
Total		$	2,238		$	2,037		$	2,386		$	1,980		$	1,825		(8%)		(18%)		$	7,405		$	6,191		(16%)

Mexico Consumer/SBMM—key indicators (in billions of dollars)
EOP loans		$	24.0		$	25.2		$	26.0		$	24.5		$	23.5		(4%)		(2%)
EOP deposits			38.3			40.2			41.0			37.6			34.6		(8%)		(10%)
Average loans			24.0			23.9			25.0			25.3			23.9		(6%)		-
NCLs as a % of average loans (Mexico Consumer only)			4.12%			4.35%			4.67%			4.30%			4.36%		1%		6%
Loans 90+ days past due as a % of EOP loans (Mexico Consumer only)			1.32%			1.35%			1.32%			1.32%			1.37%		4%		4%
Loans 30-89 days past due as a % of EOP loans (Mexico Consumer only)			1.33%			1.35%			1.33%			1.33%			1.47%		11%		11%

Asia Consumer—key indicators (in billions of dollars)
EOP loans		$	8.0		$	7.4		$	6.5		$	5.6		$	5.5		(2%)		(31%)
EOP deposits			10.8			9.5			9.0			8.3			8.4		1%		(22%)
Average loans			8.6			7.8			6.9			6.1			5.6		(8%)		(35%)

Legacy Holdings Assets—key indicators (in billions of dollars)
EOP loans		$	2.8		$	2.8		$	2.7		$	2.4		$	2.5		4%		(11%)

(1)	Includes Legacy Franchises and certain unallocated costs of global staff functions (including finance, risk, human resources, legal and compliance-related costs), other corporate expenses, and unallocated global operations and technology expenses and income taxes, as well as Corporate Treasury investment activities and discontinued operations.
(2)	Reflects results on a managed basis, which excludes divestiture-related impacts related to Citi's divestitures of its Asia consumer banking businesses and the planned divestiture of Mexico Consumer/SBMM within Legacy Franchises. See page 14 for additional information.
---	---
(3)	Certain of the results of operations of All Other—managed basis are non-GAAP financial measures. See page 14 for additional information.
---	---
(4)	See footnote 2 on page 14.
---	---
(5)	See footnote 3 on page 14.
---	---
(6)	See footnote 4 on page 14.
---	---
(7)	See footnote 5 on page 14.
---	---
(8)	See footnote 6 on page 14.
---	---
(9)	See footnote 7 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.
---	---

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page11

ALL OTHER—MANAGED BASIS^(1)(2)^

Legacy Franchises^(3)^

(In millions of dollars, except as otherwise noted)

																	3Q24 Increase/			****	Nine		****	Nine		****	YTD 2024 vs.
	****	3Q		****	4Q		****	1Q		****	2Q		****		3Q	****	(Decrease) from			****	Months		****	Months		****	YTD 2023 Increase/
	****	2023		****	2023		****	2024		****	2024		****		2024	****	2Q24	****	3Q23	****	2023		****	2024		****	(Decrease)

Net interest income		$	1,273		$	1,179		$	1,278		$	1,196		$	1,253		5%		(2%)		$	3,842		$	3,727		(3%)
Non-interest revenue^(4)(9)^			568			549			551			531			486		(8%)		(14%)			1,757			1,568		(11%)
Total revenues, net of interest expense	****	****	1,841	****	****	1,728	****	****	1,829	****	****	1,727	****		1,739	****	1%	****	(6%)	****	****	5,599	****	****	5,295	****	(5%)
Total operating expenses^(4)(5)(6)(7)(8)(9)^			1,692			1,639			1,615			1,558			1,480		(5%)		(13%)			5,124			4,653		(9%)
Net credit losses on loans			237			236			249			214			208		(3%)		(12%)			634			671		6%
Credit reserve build (release) for loans			(21)			93			(93)			(1)			55		NM		NM			34			(39)		NM
Provision (release) for credit losses on unfunded lending commitments			(9)			(10)			(5)			(3)			(7)		NM		22%			(37)			(15)		59%
Provisions for benefits and claims (PBC), other assets and HTM debt securities			(7)			152			37			28			35		25%		NM			213			100		(53%)
Provisions for credit losses and for PBC			200			471			188			238			291		22%		46%			844			717		(15%)
Income (loss) from continuing operations before taxes			(51)			(382)			26			(69)			(32)		54%		37%			(369)			(75)		80%
Income taxes (benefits)			22			(114)			23			(11)			(1)		91%		NM			(205)			11		NM
Income (loss) from continuing operations	****	****	(73)		****	(268)		****	3	****	****	(58)			(31)		47%	****	58%	****	****	(164)		****	(86)		48%
Noncontrolling interests			2			1			2			-			-		-		(100%)			7			2		(71%)
Net income (loss)	****	$	(75)		$	(269)		$	1	****	$	(58)		$	(31)		47%	****	59%	****	$	(171)		$	(88)		49%
EOP assets (in billions)		$	78		$	78		$	80		$	72		$	69		(4%)		(12%)
Average assets (in billions)			84			78			78			77			70		(9%)		(17%)		$	91		$	75		(18%)
Efficiency ratio			92%			95%			88%			90%			85%		(500) bps		(700) bps			92%			88%		(400) bps
Allocated TCE (in billions)^(10)^		$	10.0		$	10.0		$	6.2		$	6.2		$	6.2		-		(38%)		$	10.0		$	6.2		(38%)

Revenue by reporting unit and component
Mexico Consumer/SBMM		$	1,527		$	1,460		$	1,571		$	1,640		$	1,526		(7%)		-		$	4,233		$	4,737		12%
Asia Consumer			289			257			254			220			193		(12%)		(33%)			1,267			667		(47%)
Legacy Holdings Assets (LHA)			25			11			4			(133)			20		NM		(20%)			99			(109)		NM
Total		$	1,841		$	1,728		$	1,829		$	1,727		$	1,739		1%		(6%)		$	5,599		$	5,295		(5%)

Mexico Consumer/SBMM—key indicators (in billions of dollars)
EOP loans		$	24.0		$	25.2		$	26.0		$	24.5		$	23.5		(4%)		(2%)
EOP deposits			38.3			40.2			41.0			37.6			34.6		(8%)		(10%)
Average loans			24.0			23.9			25.0			25.3			23.9		(6%)		-
NCLs as a % of average loans (Mexico Consumer only)			4.12%			4.35%			4.67%			4.30%			4.36%		1%		6%
Loans 90+ days past due as a % of EOP loans (Mexico Consumer only)			1.32%			1.35%			1.32%			1.32%			1.37%		4%		4%
Loans 30-89 days past due as a % of EOP loans (Mexico Consumer only)			1.33%			1.35%			1.33%			1.33%			1.47%		11%		11%

Asia Consumer—key indicators (in billions of dollars)
EOP loans		$	8.0		$	7.4		$	6.5		$	5.6		$	5.5		(2%)		(31%)
EOP deposits			10.8			9.5			9.0			8.3			8.4		1%		(22%)
Average loans			8.6			7.8			6.9			6.1			5.6		(8%)		(35%)

Legacy Holdings Assets—key indicators (in billions of dollars)
EOP loans		$	2.8		$	2.8		$	2.7		$	2.4		$	2.5		4%		(11%)

(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 Mexico Consumer/SBMM 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 intends to exit or has exited (collectively Asia Consumer); Mexico consumer banking (Mexico Consumer) and Small Business and Middle-Market Banking (Mexico SBMM), collectively Mexico Consumer/SBMM; and Legacy Holdings Assets (primarily North America consumer mortgage loans, Citigroup's U.K. consumer banking business and other legacy assets).
---	---
(4)	See footnote 2 on page 14.
---	---
(5)	See footnote 3 on page 14.
---	---
(6)	See footnote 4 on page 14.
---	---
(7)	See footnote 5 on page 14.
---	---
(8)	See footnote 6 on page 14.
---	---
(9)	See footnote 7 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.
---	---

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page12

ALL OTHER

Corporate/Other^(1)^

(In millions of dollars, except as otherwise noted)

											3Q24 Increase/		Nine		Nine		YTD 2024 vs.
	3Q		4Q		1Q		2Q		3Q		(Decrease) from		Months		Months		YTD 2023 Increase/
	2023		2023		2024		2024		2024		2Q24	3Q23	2023		2024		(Decrease)

Net interest income	$	526	$	385	$	417	$	357	$	216	(39%)	(59%)	$	2,286	$	990	(57%)
Non-interest revenue		(129)		(76)		140		(104)		(130)	(25%)	(1%)		(480)		(94)	80%
Total revenues, net of interest expense	****	397	****	309	****	557	****	253	****	86	(66%)	(78%)	****	1,806	****	896	(50%)
Total operating expenses		500		2,841		1,080		556		602	8%	20%		1,637		2,238	37%
Provisions for other assets and HTM debt securities		(1)		(11)		(2)		5		(2)	NM	(100%)		-		1	100%
Income (loss) from continuing operations before taxes		(102)		(2,521)		(521)		(308)		(514)	(67%)	NM		169		(1,343)	NM
Income taxes (benefits)		(81)		(488)		(35)		46		(51)	NM	37%		(172)		(40)	77%
Income (loss) from continuing operations	****	(21)	****	(2,033)	****	(486)	****	(354)	****	(463)	(31%)	NM	****	341	****	(1,303)	NM
Income (loss) from discontinued operations, net of taxes		2		(1)		(1)		-		(1)	(100%)	NM		-		(2)	NM
Noncontrolling interests		7		(3)		(9)		(10)		(12)	(20%)	NM		11		(31)	NM
Net income (loss)	$	(26)	$	(2,031)	$	(478)	$	(344)	$	(452)	(31%)	NM	$	330	$	(1,274)	NM
EOP assets (in billions)	$	119	$	121	$	121	$	125	$	126	1%	6%
Average allocated TCE (in billions)^(2)^		22.5		22.4		19.4		20.8		23.0	11%	2%	$	20.4	$	21.1	3%

(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.

Page13

ALL OTHER

RECONCILING ITEMS^(1)^

Divestiture-Related Impacts

(In millions of dollars, except as otherwise noted)

																	3Q24 Increase/				Nine			Nine			YTD 2024 vs.
		3Q			4Q			1Q			2Q			3Q			(Decrease) from				Months			Months			YTD 2023 Increase/
	****	2023		****	2023		****	2024		****	2024		****	2024		****	2Q24	****	3Q23	****	2023		****	2024		****	(Decrease)

Net interest income		$	-		$	-		$	-		$	-		$	-		-		-		$	-		$	-		-
Non-interest revenue^(2)(7)^			396			(62)			(12)			33			1		(97%)		(100%)			1,408			22		(98%)
Total revenues, net of interest expense		****	396		****	(62)		****	(12)		****	33		****	1	****	(97%)	****	(100%)			1,408			22		(98%)
Total operating expenses^(2)(3)(4)(5)(6)(7)^			114			106			110			85			67		(21%)		(41%)			266			262		(2%)
Net credit losses on loans			(19)			33			11			(3)			(1)		67%		95%			(39)			7		NM
Credit reserve build (release) for loans			2			(63)			-			-			-		-		(100%)			2			-		(100%)
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)			(17)			(30)			11			(3)			(1)		67%		94%			(37)			7		NM
Income (loss) from continuing operations before taxes			299			(138)			(133)			(49)			(65)		(33%)		NM			1,179			(247)		NM
Income taxes (benefits)			85			(27)			(39)			(17)			(20)		(18%)		NM			409			(76)		NM
Income (loss) from continuing operations			214			(111)			(94)			(32)			(45)		(41%)		NM			770			(171)		NM
Income (loss) from discontinued operations, net of taxes		****	-		****	-		****	-		****	-		****	-	****	-		-			-			-		-
Noncontrolling interests			-			-			-			-			-		-		-			-			-		-
Net income (loss)		$	214		$	(111)		$	(94)		$	(32)		$	(45)	****	(41%)		NM		$	770		$	(171)		NM

(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)	3Q23 includes an approximate $403 million gain on sale recorded in revenue (approximately $284 million after various taxes) related to Citi's sale of the Taiwan consumer banking business. In addition, 3Q23 includes approximately $114 million in operating expenses (approximately $78 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, 2023.
---	---
(3)	4Q23 includes approximately $106 million in operating expenses (approximately $75 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, 2023.
---	---
(4)	1Q24 includes approximately $110 million in operating expenses (approximately $77 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 March 31, 2024.
---	---
(5)	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.
---	---
(6)	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.
---	---
(7)	For the nine months of 2023, revenues included an approximate $1.059 billion gain on sale (approximately $727 million after taxes) related to Citi’s sale of the India consumer banking business, as well as the approximate $403 million gain on sale (approximately $284 million after-tax) related to Citi’s sale of the Taiwan consumer banking business noted above in footnote (2). In addition, for the nine months of 2023, expenses included approximately $266 million (approximately $188 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, 2023.
---	---

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page14

AVERAGE BALANCES AND INTEREST RATES^(1)(2)(3)(4)(5)^

Taxable Equivalent Basis

		Average Volumes									Interest									% Average Rate^(4)^
(In millions of dollars), except as otherwise noted	****	3Q23		****	2Q24		****	3Q24^(5)^		****	3Q23		****	2Q24		****	3Q24^(5)^		****	3Q23	****	2Q24	****	3Q24^(5)^
Assets
Deposits with banks		$	260,159		$	250,665		$	266,300		$	2,645		$	2,710		$	3,050		4.03%		4.35%		4.56%
Securities borrowed and purchased under resale agreements^(6)^			352,608			356,969			335,601			7,363			7,211			7,293		8.28%		8.12%		8.65%
Trading account assets^(7)^			345,864			388,641			416,636			3,893			4,503			4,451		4.47%		4.66%		4.25%
Investments			508,854			510,542			500,007			4,727			4,827			4,690		3.69%		3.80%		3.73%
Consumer loans			375,632			383,211			386,155			9,609			9,780			10,051		10.15%		10.26%		10.35%
Corporate loans			286,654			296,410			300,357			5,447			5,718			5,771		7.54%		7.76%		7.64%
Total loans (net of unearned income)^(8)^			662,286			679,621			686,512			15,056			15,498			15,822		9.02%		9.17%		9.17%
Other interest-earning assets			76,400			70,486			77,060			1,176			1,260			1,174		6.11%		7.19%		6.06%
Total average interest-earning assets		$	2,206,171		$	2,256,924		$	2,282,116		$	34,860		$	36,009		$	36,480		6.27%		6.42%		6.36%
Liabilities
Deposits		$	1,121,163		$	1,108,733		$	1,109,067		$	9,630		$	10,235		$	10,319		3.41%		3.71%		3.70%
Securities loaned and sold under repurchase agreements^(6)^			275,123			336,367			338,459			6,090			6,962			7,328		8.78%		8.32%		8.61%
Trading account liabilities^(7)^			111,367			103,548			96,448			892			794			792		3.18%		3.08%		3.27%
Short-term borrowings and other interest-bearing liabilities			117,435			107,277			122,255			1,956			1,908			2,009		6.61%		7.15%		6.54%
Long-term debt^(9)^			158,485			169,529			175,690			2,441			2,595			2,646		6.11%		6.16%		5.99%
Total average interest-bearing liabilities		$	1,783,573		$	1,825,454		$	1,841,919		$	21,009		$	22,494		$	23,094		4.67%		4.96%		4.99%
Net interest income as a % of average interest-earning assets (NIM)^(9)^											$	13,851		$	13,515		$	13,386		2.49%		2.41%		2.33%
3Q24 increase (decrease) from:																				(16) bps		(8) bps

(1)	Interest income and Net interest income include the taxable equivalent adjustments (based on the U.S. federal statutory tax rate of 21%) of $23 million for 3Q23, $22 million for 2Q24 and $24 million for 3Q24.
(2)	Citigroup average balances and interest rates include both domestic and international operations.
---	---
(3)	Monthly averages have been used by certain subsidiaries where daily averages are unavailable.
---	---
(4)	Average rate percentage is calculated as annualized interest over average volumes.
---	---
(5)	3Q24 is preliminary.
---	---
(6)	Average volumes of securities borrowed or purchased under agreements to resell and securities loaned or sold under agreements to repurchase are reported net pursuant to FIN 41; the related interest excludes the impact of ASU 2013-01 (Topic 210).
---	---
(7)	Interest expense on Trading account liabilities of Services, Markets, and Banking is reported as a reduction of Interest income. Interest income and Interest expense on cash collateral positions are reported in Trading account assets and Trading account liabilities, respectively.
---	---
(8)	Nonperforming loans are included in the average loan balances.
---	---
(9)	Excludes hybrid financial instruments with changes in fair value recorded in Principal transactions revenue.
---	---

Reclassified to conform to the current period's presentation.

Page15

EOP LOANS^(1)(2)^

(In billions of dollars)

											3Q24 Increase/
	3Q		4Q		1Q		2Q		3Q		(Decrease) from
	2023		2023		2024		2024		2024		2Q24	****	3Q23


Corporate loans by region
North America	$	123.0	$	128.9	$	122.9	$	129.6	$	127.5	(2%)		4%
International		165.6		171.3		169.9		172.0		172.3	-		4%
Total corporate loans	$	288.6	$	300.2	$	292.8	$	301.6	$	299.8	(1%)		4%

Corporate loans by segment and reporting unit
Services	$	83.5	$	84.7	$	80.5	$	88.9	$	88.7	-		6%
Markets		111.9		122.0		118.3		119.5		120.0	-		7%
Banking		86.8		86.8		87.3		86.7		84.7	(2%)		(2%)
All Other - Legacy Franchises - Mexico SBMM & AFG^(3)^		6.4		6.7		6.7		6.5		6.4	(2%)		-
Total corporate loans	$	288.6	$	300.2	$	292.8	$	301.6	$	299.8	(1%)		4%

USPB
Branded Cards	$	105.2	$	111.1	$	108.0	$	111.8	$	112.1	-		7%
Retail Services		50.5		53.6		50.8		51.7		51.6	-		2%
Retail Banking		43.1		44.4		45.6		46.2		49.4	7%		15%
Total	$	198.8	$	209.1	$	204.4	$	209.7	$	213.1	2%		7%

Wealth by region
North America	$	101.1	$	101.6	$	100.0	$	100.9	$	99.8	(1%)		(1%)
International		49.4		49.8		48.9		49.5		51.2	3%		4%
Total	$	150.5	$	151.4	$	148.9	$	150.4	$	151.0	-		-

All Other—Consumer
Mexico Consumer	$	17.8	$	18.7	$	19.6	$	18.2	$	17.4	(4%)		(2%)
Asia Consumer^(4)^		8.0		7.4		6.5		5.6		5.5	(2%)		(31%)
Legacy Holdings Assets (LHA)		2.6		2.6		2.4		2.2		2.2	-		(15%)
Total	$	28.4	$	28.7	$	28.5	$	26.0	$	25.1	(3%)		(12%)

Total consumer loans	$	377.7	$	389.2	$	381.8	$	386.1	$	389.2	1%		3%

Total loans—EOP	$	666.3	$	689.4	$	674.6	$	687.7	$	688.9	-		3%

Total loans—average	$	662.3	$	674.7	$	678.8	$	679.6	$	686.5	1%		4%

NCLs as a % of total average loans		0.98%		1.17%		1.36%		1.35%		1.26%	(9) bps		28 bps

(1)	Corporate loans include loans managed by Services, Markets, Banking, and All Other—Legacy Franchises—Mexico SBMM, and the AFG.
(2)	Consumer loans include loans managed by USPB, Wealth, and All Other—Legacy Franchises (other than Mexico small business and middle-market banking (Mexico SBMM), and the Assets Finance Group (AFG)).
---	---
(3)	Includes Legacy Franchises corporate loans activity related to Mexico SBMM and AFG (AFG was previously reported in Markets; all periods have been reclassified to reflect this move into Legacy Franchises), as well as other LHA corporate loans.
---	---
(4)	Asia Consumer also includes loans in Poland and Russia.
---	---

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page16

EOP DEPOSITS

(In billions of dollars)

																	3Q24 Increase/
		3Q			4Q			1Q			2Q			3Q			(Decrease) from
	****	2023		****	2023		****	2024		****	2024		****	2024		****	2Q24	****	3Q23

Services, Markets, and Banking by region
North America		$	371.6		$	371.1		$	375.7		$	376.1		$	394.7		5%		6%
International			412.3			431.8			436.0			431.0			444.9		3%		8%
Total		$	783.9		$	802.9		$	811.7		$	807.1		$	839.6		4%		7%
Treasury and Trade Solutions		$	644.8		$	661.5		$	662.1		$	655.1		$	683.7		4%		6%
Securities Services			113.7			119.9			125.3			127.8			142.0		11%		25%
Services		$	758.5		$	781.4		$	787.4		$	782.9		$	825.7		5%		9%
Markets^(1)^			24.5			20.8			23.6			23.7			13.4		(43%)		(45%)
Banking			0.9			0.7			0.7			0.5			0.5		-		(44%)
Total		$	783.9		$	802.9		$	811.7		$	807.1		$	839.6		4%		7%

USPB		$	108.9		$	103.2		$	99.6		$	86.1		$	85.1		(1%)		(22%)
Wealth
North America		$	183.7		$	196.2		$	196.0		$	194.2		$	191.7		(1%)		4%
International			118.6			122.4			124.3			123.8			124.6		1%		5%
Total		$	302.3		$	318.6		$	320.3		$	318.0		$	316.3		(1%)		5%
All Other
Legacy Franchises
Mexico Consumer		$	29.6		$	31.9		$	31.8		$	28.6		$	26.1		(9%)		(12%)
Mexico SBMM—corporate			8.7			8.3			9.2			9.0			8.5		(6%)		(2%)
Asia Consumer^(2)^			10.8			9.5			9.0			8.3			8.4		1%		(22%)
Legacy Holdings Assets (LHA)^(3)^			5.1			4.1			2.9			1.9			0.4		(79%)		(92%)
Corporate/Other^(1)^			24.2			30.2			22.7			19.1			25.6		34%		6%
Total		$	78.4		$	84.0		$	75.6		$	66.9		$	69.0		3%		(12%)
Total deposits—EOP		$	1,273.5		$	1,308.7		$	1,307.2		$	1,278.1		$	1,310.0		2%		3%
Total deposits—average		$	1,315.1		$	1,319.7		$	1,326.4		$	1,309.9		$	1,311.1		-		-

(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 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.

Page17

ALLOWANCE FOR CREDIT LOSSES (ACL) ROLLFORWARD

(In millions of dollars, except ratios)

																		Builds															ACLL/EOP
	Balance		Builds (Releases)										FY 2023		Balance			(Releases)											YTD 2024		Balance		Loans
	12/31/22		1Q23		2Q23		3Q23		4Q23		FY 2023		FX/Other^(1)^		12/31/23		1Q24		****	2Q24		****	3Q24		****	****	YTD 2024		FX/Other		9/30/24		9/30/24

Allowance for credit losses on loans (ACLL)
Services	$	356	$	(72)	$	(14)	$	6	$	127	$	47	$	(6)	$	397	$	34		$	(100)		$	7			$	(59)	$	-	$	338
Markets		630		64		(21)		119		40		202		(12)		820		120			(111)			37				46		(6)		860
Banking		1,746		(50)		(110)		(22)		(163)		(345)		(25)		1,376		(89)			(51)			62				(78)		4		1,302
Legacy Franchises corporate (Mexico SBMM & AFG^(2)^)		123		(27)		(7)		(1)		2		(33)		31		121		(8)			(12)			(3)				(23)		(7)		91

Total corporate ACLL	$	2,855	$	(85)	$	(152)	$	102	$	6	$	(129)	$	(12)	$	2,714	$	57		$	(274)		$	103			$	(114)	$	(9)	$	2,591	0.89%
U.S. Cards^(3)^	$	11,393	$	536	$	276	$	128	$	466	$	1,406	$	(173)	$	12,626	$	326		$	357		$	10			$	693	$	23	$	13,342	8.15%
Retail Banking		447		40		27		(14)		5		58		(29)		476		11			25			31				67		(1)		542	****
Total USPB	$	11,840	$	576	$	303	$	114	$	471	$	1,464	$	(202)	$	13,102	$	337		$	382		$	41			$	760	$	22	$	13,884	****
Wealth		883		(69)		30		(19)		(27)		(85)		(31)		767		(190)			(43)			8				(225)		(1)		541	****
All Other—consumer		1,396		13		76		(18)		28		99		67		1,562		(85)			11			58				(16)		(206)		1,340
Total consumer ACLL	$	14,119	$	520	$	409	$	77	$	472	$	1,478	$	(166)	$	15,431	$	62		$	350		$	107			$	519	$	(185)	$	15,765	4.05%

Total ACLL	$	16,974	$	435	$	257	$	179	$	478	$	1,349	$	(178)	$	18,145	$	119		$	76		$	210			$	405	$	(194)	$	18,356	2.70%
Allowance for credit losses on unfunded lending commitments (ACLUC)	$	2,151	$	(194)	$	(96)	$	(54)	$	(81)	$	(425)	$	2	$	1,728	$	(98)		$	(8)		$	105			$	(1)	$	(2)	$	1,725	****
Total ACLL and ACLUC (EOP)		19,125														19,873																20,081	****
Other^(4)^		243		408		145		53		1,132		1,738		(98)		1,883		14			107			160				281		(154)		2,010	****
Total allowance for credit losses (ACL)	$	19,368	$	649	$	306	$	178	$	1,529	$	2,662	$	(274)	$	21,756	$	35		$	175		$	475			$	685	$	(350)	$	22,091	****

(1)	Includes the January 1, 2023 opening adjustment related to the adoption of ASU No. 2022-02, Financial Instruments—Credit Losses (Topic 326): TDRs and Vintage Disclosures. See page 19.
(2)	See footnote 3 on page 16.
---	---
(3)	The September 30, 2024 ACLL balance includes approximately $23 million related to an acquired portfolio, which is also reflected in the FX/Other column in this table.
---	---
(4)	Includes ACL activity on HTM securities and Other assets.
---	---

Reclassified to conform to the current period's presentation.

Page18

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

Page 1

(In millions of dollars)

												3Q24 Increase/		Nine		Nine		****	YTD 2024 vs.
	3Q		4Q		1Q		2Q			3Q		(Decrease) from		Months		Months			YTD 2023 Increase/
	2023		2023		2024		2024			2024		2Q24	3Q23	2023		2024			(Decrease)

Total Citigroup
Allowance for credit losses on loans (ACLL) at beginning of period	$	17,496	$	17,629	$	18,145	$	18,296	****	$	18,216	-	4%	$	16,974	$	18,145	****
Adjustment to opening balance
Financial instruments—TDRs and Vintage Disclosures^(1)^		-		-		-		-			-	-	-		(352)		-
Adjusted ACLL at beginning of period		17,496		17,629		18,145		18,296			18,216	-	4%		16,622		18,145		9%
Gross credit (losses) on loans		(2,000)		(2,368)		(2,690)		(2,715)			(2,609)	4%	(30%)		(5,513)		(8,014)		(45%)
Gross recoveries on loans		363		374		387		432			437	1%	20%		1,070		1,256		17%
Net credit (losses) / recoveries on loans (NCLs)		(1,637)		(1,994)		(2,303)		(2,283)			(2,172)	(5%)	33%		(4,443)		(6,758)		(52%)
Replenishment of NCLs		1,637		1,994		2,303		2,283			2,172	(5%)	33%		4,443		6,758		52%
Net reserve builds / (releases) for loans		179		478		119		76			210	NM	17%		871		405		(54%)
Provision for credit losses on loans (PCLL)		1,816	****	2,472	****	2,422	****	2,359	****	****	2,382	1%	31%	****	5,314	****	7,163	****	35%
Other, net^(2)(3)(4)(5)(6)(7)^		(46)		38		32		(156)			(70)	55%	(52%)		136		(194)
ACLL at end of period (a)	$	17,629	$	18,145	$	18,296	$	18,216	****	$	18,356	1%	4%	$	17,629	$	18,356	****
Allowance for credit losses on unfunded lending
commitments (ACLUC)^(8)^(a)	$	1,806	$	1,728	$	1,629	$	1,619	****	$	1,725	7%	(4%)	$	1,806	$	1,725	****
Provision (release) for credit losses on unfunded lending commitments	$	(54)	$	(81)	$	(98)	$	(8)		$	105	NM	NM	$	(344)	$	(1)
Total allowance for credit losses on loans, leases and unfunded lending commitments [sum of (a)]	$	19,435	$	19,873	$	19,925	$	19,835	****	$	20,081	1%	3%	$	19,435	$	20,081	****
Total ACLL as a percentage of total loans^(9)^		2.68%		2.66%		2.75%		2.68%			2.70%	2 bps	2 bps
Consumer
ACLL at beginning of period	$	14,866	$	14,912	$	15,431	$	15,524	****	$	15,732	1%	6%	$	14,119	$	15,431	****
Adjustments to opening balance
Financial instruments—TDRs and Vintage Disclosures^(1)^		-		-		-		-			-				(352)		-
Adjusted ACLL at beginning of period		14,866		14,912		15,431		15,524			15,732	1%	6%		13,767		15,431		12%
NCLs		(1,579)		(1,899)		(2,139)		(2,175)			(2,098)	(4%)	33%		(4,288)		(6,412)		50%
Replenishment of NCLs		1,579		1,899		2,139		2,175			2,098	(4%)	33%		4,288		6,412		50%
Net reserve builds / (releases) for loans		77		472		62		350			107	(69%)	39%		1,006		519		(48%)
Provision for credit losses on loans (PCLL)		1,656	****	2,371	****	2,201	****	2,525	****	****	2,205	(13%)	33%	****	5,294	****	6,931	****	31%
Other, net^(2)(3)(4)(5)(6)(7)^		(31)		47		31		(142)			(74)	48%	NM		139		(185)		NM
ACLL at end of period (b)	$	14,912	$	15,431	$	15,524	$	15,732	****	$	15,765	-	6%	$	14,912	$	15,765	****
Consumer ACLUC^(8)^(b)	$	65	$	62	$	46	$	42	****	$	39	(7%)	(40%)	$	65	$	39	****
Provision (release) for credit losses on unfunded lending commitments	$	(20)	$	(5)	$	(15)	$	(4)		$	(4)	-	80%	$	(41)	$	(23)
Total allowance for credit losses on loans, leases and unfunded lending commitments [sum of (b)]	$	14,977	$	15,493	$	15,570	$	15,774	****	$	15,804	-	6%	$	14,977	$	15,804	****
Consumer ACLL as a percentage of total consumer loans		3.95%		3.97%		4.07%		4.08%			4.05%	(3) bps	10 bps
Corporate
ACLL at beginning of period	$	2,630	$	2,717	$	2,714	$	2,772	****	$	2,484	(10%)	(6%)	$	2,855	$	2,714	****
NCLs		(58)		(95)		(164)		(108)			(74)	(31%)	28%		(155)		(346)		NM
Replenishment of NCLs		58		95		164		108			74	(31%)	28%		155		346		NM
Net reserve builds / (releases) for loans		102		6		57		(274)			103	NM	1%		(135)		(114)		16%
Provision for credit losses on loans (PCLL)		160	****	101	****	221	****	(166)		****	177	NM	11%	****	20	****	232	****	NM
Other, net^(2)^		(15)		(9)		1		(14)			4	NM	NM		(3)		(9)
ACLL at end of period (c)	$	2,717	$	2,714	$	2,772	$	2,484	****	$	2,591	4%	(5%)	$	2,717	$	2,591	****
Corporate ACLUC^(8)^(c)	$	1,741	$	1,666	$	1,583	$	1,577	****	$	1,686	7%	(3%)	$	1,741	$	1,686	****
Provision (release) for credit losses on unfunded lending commitments	$	(34)	$	(76)	$	(83)	$	(4)		$	109	NM	NM	$	(303)	$	22	****
Total allowance for credit losses on loans, leases and unfunded lending commitments [sum of (c)]	$	4,458	$	4,380	$	4,355	$	4,061	****	$	4,277	5%	(4%)	$	4,458	$	4,277	****
Corporate ACLL as a percentage of total corporate loans^(9)^		0.97%		0.93%		0.98%		0.85%			0.89%	4 bps	(8) bps

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

Page19

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

Page 2

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

(1)	Includes the January 1, 2023 opening adjustment related to the adoption of ASU No. 2022-02,Financial Instruments—Credit Losses (Topic 326): TDRs and Vintage Disclosures. See page 19.
(2)	Includes all adjustments to the allowance for credit losses, such as changes in the allowance from acquisitions, dispositions, securitizations, foreign currency translation (FX translation), purchase accounting adjustments, etc.
---	---
(3)	3Q23 primarily relates to FX translation.
---	---
(4)	4Q23 primarily relates to FX translation.
---	---
(5)	1Q24 primarily relates to FX translation.
---	---
(6)	2Q24 primarily relates to FX translation.
---	---
(7)	3Q24 primarily relates to FX translation.
---	---
(8)	Represents additional credit reserves recorded as other liabilities on the Consolidated Balance Sheet.
---	---
(9)	Excludes loans that are carried at fair value of $7.4 billion $7.6 billion, $8.9 billion, $8.5 billion, and $8.1 billion at September 30, 2023, December 31, 2023, March 31, 2024, June 30, 2024, and September 30, 2024, respectively.
---	---

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page20

NON-ACCRUAL ASSETS

(In millions of dollars)

																	3Q24 Increase/
		3Q			4Q			1Q			2Q			3Q			(Decrease) from
	****	2023		****	2023		****	2024		****	2024		****	2024		****	2Q24	****	3Q23

Corporate non-accrual loans by region^(1)^
North America		$	934		$	978		$	874		$	456		$	459		1%		(51%)
International			1,041			904			615			542			485		(11%)		(53%)
Total	****	$	1,975	****	$	1,882	****	$	1,489	****	$	998	****	$	944	****	(5%)	****	(52%)
Corporate non-accrual loans by segment and component^(1)^
Banking		$	953		$	799		$	606		$	462		$	348		(25%)		(63%)
Services			94			103			27			30			96		NM		2%
Markets			735			791			686			362			390		8%		(47%)
Mexico SBMM & AFG			193			189			170			144			110		(24%)		(43%)
Total	****	$	1,975	****	$	1,882	****	$	1,489	****	$	998	****	$	944	****	(5%)	****	(52%)
Consumer non-accrual loans^(1)^
USPB		$	280		$	291		$	290		$	285		$	292		2%		4%
Wealth			287			288			276			303			284		(6%)		(1%)
Mexico Consumer			463			479			465			425			415		(2%)		(10%)
Asia Consumer^(2)^			25			22			23			22			21		(5%)		(16%)
Legacy Holdings Assets—Consumer			247			235			227			217			210		(3%)		(15%)
Total	****	$	1,302	****	$	1,315	****	$	1,281	****	$	1,252	****	$	1,222	****	(2%)	****	(6%)
Total non-accrual loans (NAL)	****	$	3,277	****	$	3,197	****	$	2,770	****	$	2,250	****	$	2,166	****	(4%)	****	(34%)
Other real estate owned (OREO)^(3)^	****	$	37	****	$	36	****	$	26	****	$	27	****	$	25	****	(7%)	****	(32%)
NAL as a percentage of total loans			0.49%			0.46%			0.41%			0.33%			0.31%		(2) bps		(18) bps
ACLL as a percentage of NAL			538%			568%			661%			810%			847%

(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 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.<br>
---	---

NM Not meaningful.

Reclassified to conform to the current period's presentation.

Page21

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)

		September 30,			December 31,			March 31,			June 30,			September 30,
CET1 Capital and Ratio and Components^(1)^	****	2023		****	2023		****	2024		****	2024		****	2024^(2)^

Citigroup common stockholders’ equity^(3)^		$	190,134		$	187,937		$	189,059		$	190,283		$	192,796
Add: qualifying noncontrolling interests			193			153			159			153			168
Regulatory capital adjustments and deductions:
Add:
CECL transition provision^(4)^			1,514			1,514			757			757			757
Less:
Accumulated net unrealized gains (losses) on cash flow hedges, net of tax			(1,259)			(1,406)			(914)			(629)			(773)
Cumulative unrealized net gain (loss) related to changes in fair value of financial liabilities attributable to own creditworthiness, net of tax			625			(410)			(1,031)			(760)			(906)
Intangible assets:
Goodwill, net of related deferred tax liabilities (DTLs)^(5)^			18,552			18,778			18,647			18,315			18,397
Identifiable intangible assets other than mortgage servicing rights (MSRs), net of related DTLs			3,444			3,349			3,258			3,138			3,061
Defined benefit pension plan net assets and other			1,340			1,317			1,386			1,425			1,447
Deferred tax assets (DTAs) arising from net operating loss, foreign tax credit and general business credit carry-forwards^(6)^			11,219			12,075			11,936			11,695			11,318
Excess over 10% / 15% limitations for other DTAs, certain common stock investments and MSRs^(6)(8)^			1,786			2,306			3,551			3,652			3,071
CET1 Capital		$	156,134		$	153,595		$	153,142		$	154,357		$	158,106
Risk-Weighted Assets (RWA)^(4)^		$	1,148,550		$	1,148,608		$	1,138,546		$	1,135,750		$	1,153,100
CET1 Capital ratio (CET1/RWA)			13.59%			13.37%			13.45%			13.59%			13.7%
Supplementary Leverage Ratio and Components
CET1^(4)^		$	156,134		$	153,595		$	153,142		$	154,357		$	158,106
Additional Tier 1 Capital (AT1)^(7)^			20,744			18,909			18,923			19,426			17,682
Total Tier 1 Capital (T1C) (CET1 + AT1)		$	176,878		$	172,504		$	172,065		$	173,783		$	175,788
Total Leverage Exposure (TLE)^(4)^		$	2,927,392		$	2,964,954		$	2,948,323		$	2,949,534		$	3,005,668
Supplementary Leverage ratio (T1C/TLE)^(4)^			6.04%			5.82%			5.84%			5.89%			5.8%
Tangible Common Equity, Book Value and Tangible Book Value Per Share
Common stockholders’ equity		$	190,008		$	187,853		$	188,985		$	190,210		$	192,733
Less:
Goodwill			19,829			20,098			20,042			19,704			19,691
Intangible assets (other than MSRs)			3,811			3,730			3,636			3,517			3,438
Goodwill and identifiable intangible assets (other than MSRs) related to businesses HFS			49			-			-			-			16
Tangible common equity (TCE)^(9)^		$	166,319		$	164,025		$	165,307		$	166,989		$	169,588
Common shares outstanding (CSO)			1,913.9			1,903.1			1,907.4			1,907.8			1,891.3
Book value per share (common equity/CSO)		$	99.28		$	98.71		$	99.08		$	99.70		$	101.91
Tangible book value per share (TCE/CSO)^(9)^		$	86.90		$	86.19		$	86.67		$	87.53		$	89.67
Average TCE (in billions of dollars)^(9)^
Services		$	23.0		$	23.0		$	24.9		$	24.9		$	24.9
Markets			53.1			53.1			54.0			54.0			54.0
Banking			21.4			21.4			21.8			21.8			21.8
USPB			21.9			21.9			25.2			25.2			25.2
Wealth			13.4			13.4			13.2			13.2			13.2
All Other			32.5			32.4			25.6			27.0			29.2
Total Citi average TCE		$	165.3		$	165.2		$	164.7		$	166.1		$	168.3
Plus:
Average goodwill		$	19.9		$	20.4		$	19.6		$	19.5		$	19.6
Average intangible assets (other than MSRs)			3.9			3.8			3.7			3.6			3.5
Average goodwill and identifiable intangible assets (other than MSRs) related to businesses HFS			0.1			-			-			-			-
Total Citi average common stockholders’ equity (in billions of dollars)		$	189.2		$	189.4		$	188.0		$	189.2		$	191.4

(1)	See footnote 8 on page 1.
(2)	September 30, 2024 is preliminary.
---	---
(3)	Excludes issuance costs related to outstanding preferred stock in accordance with Federal Reserve Board regulatory reporting requirements.
---	---
(4)	See footnote 9 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 timing 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. Page22


			Exhibit 99.3

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

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

Common Stock, par value $.01 per share	C	Common Stock, par value $.01 per share	New York Stock Exchange

7.625% Trust Preferred Securities of Citigroup Capital III (and registrant’s guaranty with respect thereto)	C/36Y	7.625% TRUPs of Cap III (and registrant’s guaranty)	New York Stock Exchange
7.875% Fixed Rate / Floating Rate Trust Preferred Securities (TruPS^®^) of Citigroup Capital XIII (and registrant’s guaranty with respect thereto)	C N	7.875% FXD / FRN TruPS of Cap XIII (and registrant’s guaranty)	New York Stock Exchange
Medium-Term Senior Notes, Series N, Callable Step-Up Coupon Notes Due March 31, 2036 of CGMHI (and registrant’s guaranty with respect thereto)	C/36A	MTN, Series N, Callable Step-Up Coupon Notes Due Mar 2036 of CGMHI (and registrant’s guaranty)	New York Stock Exchange
Medium-Term Senior Notes, Series N, Callable Step-Up Coupon Notes Due February 26, 2036 of CGMHI (and registrant's guaranty with respect thereto)	C/36	MTN, Series N, Callable Step-Up Coupon Notes Due Feb 2036 of CGMHI (and registrant's guaranty)	New York Stock Exchange
Medium-Term Senior Notes, Series N, Callable Fixed Rate Notes Due December 18, 2035 of CGMHI (and registrant's guaranty with respect thereto)	C/35	MTN, Series N, Callable Fixed Rate Notes Due Dec 2035 of CGMHI (and registrant's guaranty)	New York Stock Exchange
Medium-Term Senior Notes, Series N, Callable Fixed Rate Notes Due April 26, 2028 of CGMHI (and registrant’s guaranty with respect thereto)	C/28	MTN, Series N, Callable Fixed Rate Notes Due Apr 2028 of CGMHI (and registrant’s guaranty)	New York Stock Exchange
Medium-Term Senior Notes, Series N, Floating Rate Notes Due September 17, 2026 of CGMHI (and registrant’s guaranty with respect thereto)	C/26	MTN, Series N, Floating Rate Notes Due Sept 2026 of CGMHI (and registrant’s guaranty)	New York Stock Exchange
Medium-Term Senior Notes, Series N, Floating Rate Notes Due September 15, 2028 of CGMHI (and registrant’s guaranty with respect thereto)	C/28A	MTN, Series N, Floating Rate Notes Due Sept 2028 of CGMHI (and registrant’s guaranty)	New York Stock Exchange
Medium-Term Senior Notes, Series N, Floating Rate Notes Due October 6, 2028 of CGMHI (and registrant’s guaranty with respect thereto)	C/28B	MTN, Series N, Floating Rate Notes Due Oct 2028 of CGMHI (and registrant’s guaranty)	New York Stock Exchange
Medium-Term Senior Notes, Series N, Floating Rate Notes Due March 21, 2029 of CGMHI (and registrant’s guaranty with respect thereto)	C/29A	MTN, Series N, Floating Rate Notes Due Mar 2029 of CGMHI (and registrant’s guaranty)	New York Stock Exchange
---	---	---	---