格隆汇10月14日｜花旗集团表示，很难不看到"不同行业的一些泡沫"。首席财务官在银行第三季度收益 电话会议上回答记者关于人工智能的问题时说。"我对我们的业务和覆盖客户的能力感觉很好，"他接着 说。"但看到目前的股票估值和市盈率，很难不认为有些行业可能存在泡沫和估值过高。但随着时间的 推移，我们会看到这些因素的作用。" ...

NEW YORK (AP) — Wall Street had one of its most profitable quarters ever, if the earnings from four of nation’s biggest banks that reported Tuesday are to be believed; as banks were helped by a flurry of deal making, soaring stock prices and a global economy that remains resilient despite tariffs and geopolitical upheaval. Despite the strong earnings from JPMorgan Chase, Citigroup, Wells Fargo and Goldman Sachs, bank executives expressed various degrees of caution about the markets and the economy, includ ...

花旗集团(C.US)涨超2%，报98.05美元。消息面上，花旗第三季度净收入同比增长9%至221亿美元，每 股收益1.86美元。期内五大业务板块全面开花：服务、市场、银行、财富管理、美国个人银行均创三季 度收入纪录。股东回报方面，单季度向股东返还约61亿美元，年初至今已返还120亿美元。(格隆汇) ...

Citi’s Treasury and Trade Solutions (TTS) segment has become central to this shift, integrating blockchain, tokenization and programmable money for real-time, cross-border liquidity and payments.CEO Jane Fraser said AI, digital assets and tech investments are transforming Citi into a faster, smarter, more competitive bank.Citigroup CEO Jane Fraser’s multiyear effort to rebuild the once-sprawling bank into a leaner, technology-driven institution is beginning to deliver results.By completing this form, you ag ...

Financial Performance - Citigroup's Q3 2025 revenues reached $22.1 billion, a 9% increase year-over-year[5] - Net income for Q3 2025 was $3.8 billion, up 16% year-over-year, or $4.5 billion excluding notable items, a 38% increase year-over-year[5] - Earnings per share (EPS) for Q3 2025 were $1.86, a 23% increase year-over-year, or $2.24 excluding notable items, a 48% increase year-over-year[5] - The company returned approximately $6.1 billion to common shareholders through share repurchases and dividends in Q3 2025, including $5.0 billion in share repurchases[5] Business Segment Performance - Services revenues increased by 7% year-over-year to $5.4 billion in Q3 2025[7] - Markets revenues increased by 15% year-over-year to $5.6 billion in Q3 2025[7] - Banking revenues increased by 34% year-over-year to $2.1 billion in Q3 2025[7] - U.S Personal Banking revenues increased by 7% year-over-year to $5.3 billion in Q3 2025[7] Capital and Credit Quality - Citigroup's CET1 Capital Ratio was 13.2%, approximately 110 bps above the regulatory requirement[5] - U.S Credit Cards Loans reached $168 billion in Q3 2025[19]

(Bloomberg) — It’s hard not to see “some frothiness in different sectors,” Citigroup Inc. Chief Financial Officer Mark Mason said on the bank’s third-quarter earnings call in response to a question from a reporter about artificial intelligence. “I feel good about our business and our ability to cover clients,” he went on. “But it’s hard to look at how equity valuations and multiples sit today and not think there are some sectors that are likely frothy and overvalued. But we’ll see how those play out over ...

After moving sharply lower early in the session, stocks have regained some ground over the course of the trading day on Tuesday. The major averages have climbed well off their lows of the session but remain in negative territory.Currently, the Nasdaq is down 201.76 points or 0.9 percent at 22,492.84 and the S&P 500 is down 31.32 points or 0.5 percent at 6,623.40. The narrower Dow is posting a more modest loss, down 65.95 points or 0.1 percent at 46,001.63.The initial pullback on Wall Street partly reflecte ...

It’s hard not to see “signs of frothiness” in areas like AI given some of the valuations firms are getting, Citigroup Chief Financial Officer Mark Mason said on the bank’s third-quarter earnings call with reporters https://t.co/6YziINIRlU ...

Citigroup posted stronger-than-expected third-quarter results on Tuesday, with all its business divisions generating record revenue. The results highlight the US banking giant's growing strength acros... ...

[Citigroup Financial Summary](index=2&type=section&id=Citigroup%20Financial%20Summary) This section provides a high-level overview of Citigroup's 3Q25 financial performance, showing year-over-year growth in revenues and net income despite a slight decrease in capital ratios | Metric | 3Q25 (Millions of dollars, except per share) | 2Q25 | 3Q24 | 3Q25 vs. 2Q25 | 3Q25 vs. 3Q24 | | :-------------------------------- | :--------------------------------------- | :--- | :--- | :------------ | :------------ | | Total revenues, net of interest expense | $22,090 | $21,668 | $20,209 | 2% | 9% | | Citigroup's net income | $3,752 | $4,019 | $3,238 | (7%) | 16% | | Diluted earnings per share | $1.86 | $1.96 | $1.51 | (5%) | 23% | | Common Equity Tier 1 (CET1) Capital ratio | 13.2% | 13.48% | 13.71% | (28) bps | (51) bps | | Return on average common equity (RoCE) | 7.1% | 7.7% | 6.2% | (60) bps | 90 bps | | Total assets (Billions of dollars) | $2,642.5 | $2,622.8 | $2,430.7 | 1% | 9% | | Total loans (Billions of dollars) | $733.9 | $725.3 | $688.9 | 1% | 7% | | Total deposits (Billions of dollars) | $1,383.9 | $1,357.7 | $1,310.0 | 2% | 6% | [Consolidated Statement of Income](index=3&type=section&id=Consolidated%20Statement%20of%20Income) This statement details Citigroup's 3Q25 revenue streams, credit provisions, and operating expenses, showing increased total revenues and significant year-over-year net income improvement | Metric | 3Q25 (Millions of dollars) | 2Q25 | 3Q24 | 3Q25 vs. 2Q25 | 3Q25 vs. 3Q24 | | :--------------------------------------- | :------------------------- | :--- | :--- | :------------ | :------------ | | Interest income (including dividends) | $36,690 | $35,859 | $36,456 | 2% | 1% | | Interest expense | $21,750 | $20,684 | $23,094 | 5% | (6%) | | Net interest income (NII) | $14,940 | $15,175 | $13,362 | (2%) | 12% | | Total non-interest revenues (NIR) | $7,150 | $6,493 | $6,847 | 10% | 4% | | Total revenues, net of interest expense | $22,090 | $21,668 | $20,209 | 2% | 9% | | Provisions for credit losses and for benefits and claims | $2,450 | $2,872 | $2,675 | (15%) | (8%) | | Total operating expenses | $14,290 | $13,577 | $13,144 | 5% | 9% | | Income (loss) from continuing operations before income taxes | $5,350 | $5,219 | $4,390 | 3% | 22% | | Income (loss) from continuing operations | $3,791 | $4,033 | $3,274 | (6%) | 16% | | Citigroup's net income (loss) | $3,752 | $4,019 | $3,238 | (7%) | 16% | [Consolidated Balance Sheet](index=4&type=section&id=Consolidated%20Balance%20Sheet) This section presents Citigroup's 3Q25 financial position, detailing assets, liabilities, and equity, with overall growth in total assets, loans, and deposits | Metric | September 30, 2025 (Millions of dollars) | June 30, 2025 | September 30, 2024 | 3Q25 vs. 2Q25 | 3Q25 vs. 3Q24 | | :--------------------------------------- | :--------------------------------------- | :------------ | :----------------- | :------------ | :------------ | | Total assets | $2,642,475 | $2,622,772 | $2,430,663 | 1% | 9% | | Deposits with banks, net of allowance | $324,515 | $312,482 | $277,828 | 4% | 17% | | Trading account assets | $562,254 | $568,558 | $458,072 | (1%) | 23% | | Total investments | $450,732 | $449,400 | $490,671 | - | (8%) | | Total loans, net | $714,699 | $706,222 | $670,566 | 1% | 7% | | Total liabilities | $2,428,598 | $2,408,642 | $2,220,761 | 1% | 9% | | Total deposits | $1,383,929 | $1,357,733 | $1,309,999 | 2% | 6% | | Long-term debt | $315,846 | $317,761 | $299,081 | (1%) | 6% | | Total Citigroup stockholders' equity | $213,023 | $213,222 | $209,083 | - | 2% | | Book value per share | $108.41 | $106.94 | $101.91 | 1% | 6% | | Tangible book value per share | $95.72 | $94.16 | $89.67 | 2% | 7% | [Operating Segments, Reporting Units, and Components](index=5&type=section&id=Operating%20Segments%2C%20Reporting%20Units%2C%20and%20Components%E2%80%94Net%20Revenues%20and%20Income) This section details Citigroup's 3Q25 financial performance across its core operating segments, highlighting segment-specific revenues and income from continuing operations [Services](index=6&type=section&id=Services) The Services segment showed strong 3Q25 revenue and income growth, driven by increased net interest income and fee revenue, with improved efficiency and RoTCE | Metric | 3Q25 (Millions of dollars) | 2Q25 | 3Q24 | 3Q25 vs. 2Q25 | 3Q25 vs. 3Q24 | | :--------------------------------------- | :------------------------- | :--- | :--- | :------------ | :------------ | | Total revenues, net of interest expense | $5,363 | $5,062 | $5,015 | 6% | 7% | | Income from continuing operations | $1,819 | $1,448 | $1,683 | 26% | 8% | | Efficiency ratio | 50% | 53% | 51% | (300) bps | (100) bps | | Return on average tangible common equity (RoTCE) | 28.9% | 23.3% | 26.4% | 560 bps | 250 bps | | Treasury and Trade Solutions (TTS) revenue | $3,882 | $3,674 | $3,627 | 6% | 7% | | Securities Services revenue | $1,481 | $1,388 | $1,388 | 7% | 7% | | Average deposits (Billions of dollars) | $893 | $857 | $825 | 4% | 8% | [Markets](index=7&type=section&id=Markets) The Markets segment saw a slight 3Q25 quarter-over-quarter revenue and income decline, primarily from net interest income and fixed income, but strong year-over-year growth | Metric | 3Q25 (Millions of dollars) | 2Q25 | 3Q24 | 3Q25 vs. 2Q25 | 3Q25 vs. 3Q24 | | :--------------------------------------- | :------------------------- | :--- | :--- | :------------ | :------------ | | Total revenues, net of interest expense | $5,563 | $5,879 | $4,817 | (5%) | 15% | | Income (loss) from continuing operations | $1,583 | $1,749 | $1,089 | (9%) | 45% | | Efficiency ratio | 63% | 60% | 69% | 300 bps | (600) bps | | Return on average tangible common equity (RoTCE) | 12.3% | 13.8% | 7.9% | (150) bps | 440 bps | | Fixed Income markets revenue | $4,023 | $4,268 | $3,578 | (6%) | 12% | | Equity markets revenue | $1,540 | $1,611 | $1,239 | (4%) | 24% | | Average loans (Billions of dollars) | $147 | $136 | $119 | 8% | 24% | [Banking](index=8&type=section&id=Banking) The Banking segment achieved robust 3Q25 growth in revenues and income from continuing operations, driven by strong investment banking fees and improved efficiency | Metric | 3Q25 (Millions of dollars) | 2Q25 | 3Q24 | 3Q25 vs. 2Q25 | 3Q25 vs. 3Q24 | | :--------------------------------------- | :------------------------- | :--- | :--- | :------------ | :------------ | | Total revenues, net of interest expense | $2,132 | $1,921 | $1,597 | 11% | 34% | | Income (loss) from continuing operations | $635 | $461 | $236 | 38% | 169% | | Efficiency ratio | 53% | 59% | 70% | (600) bps | (1,700) bps | | Return on average tangible common equity (RoTCE) | 12.3% | 9.0% | 4.3% | 330 bps | 800 bps | | Investment banking fees | $1,169 | $1,058 | $999 | 10% | 17% | | Advisory fees | $427 | $408 | $394 | 5% | 8% | | Debt underwriting (DCM) fees | $568 | $432 | $476 | 31% | 19% | [Wealth](index=9&type=section&id=Wealth) The Wealth segment maintained stable 3Q25 revenues quarter-over-quarter with year-over-year growth, and income from continuing operations rose significantly year-over-year | Metric | 3Q25 (Millions of dollars) | 2Q25 | 3Q24 | 3Q25 vs. 2Q25 | 3Q25 vs. 3Q24 | | :--------------------------------------- | :------------------------- | :--- | :--- | :------------ | :------------ | | Total revenues, net of interest expense | $2,164 | $2,166 | $1,995 | - | 8% | | Income from continuing operations | $374 | $494 | $283 | (24%) | 32% | | Efficiency ratio | 76% | 72% | 80% | 400 bps | (400) bps | | Return on average tangible common equity (RoTCE) | 12.1% | 16.1% | 8.5% | (400) bps | 360 bps | | EOP client balances (Billions of dollars) | $1,129 | $1,096 | $1,047 | 3% | 8% | | Net new investment assets (NNIA) (Billions of dollars) | $18.6 | $2.0 | $13.8 | NM | 35% | [U.S. Personal Banking (USPB)](index=10&type=section&id=U.S.%20Personal%20Banking%20(USPB)) The USPB segment reported increased 3Q25 revenues and income from continuing operations, driven by Branded Cards and Retail Banking, with improved efficiency and RoTCE | Metric | 3Q25 (Millions of dollars) | 2Q25 | 3Q24 | 3Q25 vs. 2Q25 | 3Q25 vs. 3Q24 | | :--------------------------------------- | :------------------------- | :--- | :--- | :------------ | :------------ | | Total revenues, net of interest expense | $5,331 | $5,119 | $4,964 | 4% | 7% | | Income from continuing operations | $858 | $649 | $522 | 32% | 64% | | Efficiency ratio | 44% | 47% | 48% | (300) bps | (400) bps | | Return on average tangible common equity (RoTCE) | 14.5% | 11.1% | 8.2% | 340 bps | 630 bps | | Branded Cards revenue | $2,970 | $2,822 | $2,741 | 5% | 8% | | Retail Services revenue | $1,686 | $1,649 | $1,704 | 2% | (1%) | | Retail Banking revenue | $675 | $648 | $519 | 4% | 30% | | Average loans (Billions of dollars) | $220 | $217 | $210 | 1% | 5% | | Average deposits (Billions of dollars) | $90 | $90 | $85 | - | 6% | [USPB Key Drivers/Metrics](index=11&type=section&id=USPB%20Key%20Drivers%2FMetrics) This section details USPB's operational metrics, showing strong performance in new credit card acquisitions, spend volume, stable loan growth, and improved credit quality | Metric | 3Q25 | 2Q25 | 3Q24 | 3Q25 vs. 2Q25 | 3Q25 vs. 3Q24 | | :--------------------------------------- | :--- | :--- | :--- | :------------ | :------------ | | New credit cards account acquisitions (Branded Cards, in thousands) | 1,343 | 1,194 | 1,224 | 12% | 10% | | Credit card spend volume (Branded Cards, in billions) | $135.6 | $135.8 | $128.9 | - | 5% | | Average loans (Branded Cards, in billions) | $120.2 | $118.0 | $114.8 | 2% | 5% | | NCLs as a % of average loans (Branded Cards) | 3.54% | 3.80% | 3.63% | (26) bps | (9) bps | | Loans 90+ days past due as a % of EOP loans (Branded Cards) | 1.07% | 1.09% | 1.09% | (2) bps | (2) bps | | Branches (actual) | 653 | 650 | 641 | - | 2% | [All Other—Managed Basis](index=12&type=section&id=All%20Other%E2%80%94Managed%20Basis) The 'All Other—Managed Basis' segment reported a 3Q25 decline in revenues and income from continuing operations, influenced by divestiture activities and unallocated corporate costs | Metric | 3Q25 (Millions of dollars) | 2Q25 | 3Q24 | 3Q25 vs. 2Q25 | 3Q25 vs. 3Q24 | | :--------------------------------------- | :------------------------- | :--- | :--- | :------------ | :------------ | | Total revenues, net of interest expense | $1,535 | $1,698 | $1,820 | (10%) | (16%) | | Income (loss) from continuing operations | $(701) | $(588) | $(494) | (19%) | (42%) | | Efficiency ratio | 141% | 134% | 114% | 700 bps | 2,700 bps | | Average allocated TCE (Billions of dollars) | $40.9 | $40.7 | $29.2 | - | 40% | [Legacy Franchises](index=13&type=section&id=Legacy%20Franchises) Legacy Franchises showed mixed 3Q25 results, with Mexico Consumer/SBMM growing and Asia Consumer declining due to divestitures, while net income significantly improved quarter-over-quarter | Metric | 3Q25 (Millions of dollars) | 2Q25 | 3Q24 | 3Q25 vs. 2Q25 | 3Q25 vs. 3Q24 | | :--------------------------------------- | :------------------------- | :--- | :--- | :------------ | :------------ | | Total revenues, net of interest expense | $1,871 | $1,691 | $1,734 | 11% | 8% | | Net income (loss) | $155 | $60 | $(31) | 158% | NM | | Efficiency ratio | 71% | 76% | 85% | (500) bps | (1,400) bps | | Mexico Consumer/SBMM revenue | $1,722 | $1,536 | $1,523 | 12% | 13% | | Asia Consumer revenue | $149 | $155 | $191 | (4%) | (22%) | | Mexico Consumer/SBMM EOP loans (Billions of dollars) | $28.5 | $26.8 | $23.5 | 6% | 21% | | Asia Consumer EOP loans (Billions of dollars) | $2.7 | $3.0 | $5.5 | (10%) | (51%) | [Corporate/Other](index=14&type=section&id=Corporate%2FOther) The Corporate/Other segment reported negative 3Q25 revenues and a significant loss from continuing operations, reflecting unallocated expenses and volatile financial performance | Metric | 3Q25 (Millions of dollars) | 2Q25 | 3Q24 | 3Q25 vs. 2Q25 | 3Q25 vs. 3Q24 | | :--------------------------------------- | :------------------------- | :--- | :--- | :------------ | :------------ | | Total revenues, net of interest expense | $(336) | $7 | $86 | NM | NM | | Income (loss) from continuing operations | $(859) | $(626) | $(463) | (37%) | (86%) | | Average allocated TCE (Billions of dollars) | $35.8 | $35.6 | $23.0 | 1% | 56% | [Reconciling Items—Divestiture-Related Impacts](index=15&type=section&id=Reconciling%20Items%E2%80%94Divestiture-Related%20Impacts) This section details 3Q25 divestiture-related financial impacts, including a significant goodwill impairment charge in Mexico and separation costs, leading to a substantial loss | Metric | 3Q25 (Millions of dollars) | 2Q25 | 3Q24 | 3Q25 vs. 2Q25 | 3Q25 vs. 3Q24 | | :--------------------------------------- | :------------------------- | :--- | :--- | :------------ | :------------ | | Total revenues, net of interest expense | $2 | $(177) | $1 | NM | 100% | | Total operating expenses | $766 | $37 | $67 | NM | NM | | Income (loss) from continuing operations | $(777) | $(180) | $(45) | (332%) | NM | - 3Q25 operating expenses include a **$726 million goodwill impairment charge** in Mexico and separation costs[60](index=60&type=chunk) - 2Q25 includes an approximate **$186 million loss** recorded in revenue related to the announced sale of the Poland consumer banking business[57](index=57&type=chunk) [Citigroup Supplemental Detail](index=16&type=section&id=Citigroup%20Supplemental%20Detail) This section provides supplementary financial details for Citigroup, covering average balances, EOP loans and deposits, credit loss allowances, non-accrual assets, and regulatory capital ratios | Metric | 3Q25 (Millions of dollars) | 2Q25 | 3Q24 | 3Q25 vs. 2Q25 | 3Q25 vs. 3Q24 | | :--------------------------------------- | :------------------------- | :--- | :--- | :------------ | :------------ | | Total average interest-earning assets | $2,472,065 | $2,425,332 | $2,282,116 | 2% | 8% | | Total average interest-bearing liabilities | $2,024,518 | $1,987,716 | $1,841,919 | 2% | 10% | | Net interest income as a % of average interest-earning assets (NIM) | 2.40% | 2.51% | 2.33% | (11) bps | 7 bps | [Average Balances and Interest Rates](index=16&type=section&id=Average%20Balances%20and%20Interest%20Rates) This section presents 3Q25 average volumes and interest rates for Citigroup's assets and liabilities, showing increases in both and a slight NIM decrease quarter-over-quarter | Metric | 3Q25 (Millions of dollars) | 2Q25 | 3Q24 | 3Q25 vs. 2Q25 | 3Q25 vs. 3Q24 | | :--------------------------------------- | :------------------------- | :--- | :--- | :------------ | :------------ | | Total average interest-earning assets | $2,472,065 | $2,425,332 | $2,282,116 | 2% | 8% | | Total average interest-bearing liabilities | $2,024,518 | $1,987,716 | $1,841,919 | 2% | 10% | | Net interest income as a % of average interest-earning assets (NIM) | 2.40% | 2.51% | 2.33% | (11) bps | 7 bps | | Average consumer loans | $396,333 | $390,349 | $386,155 | 2% | 3% | | Average corporate loans | $328,686 | $321,827 | $300,357 | 2% | 9% | | Average deposits | $1,180,367 | $1,138,996 | $1,109,067 | 4% | 6% | [EOP Loans](index=17&type=section&id=EOP%20Loans) This section details 3Q25 End-of-Period loan balances by corporate and consumer segments, showing overall growth, particularly in North America corporate and Mexico Consumer loans | Metric | 3Q25 (Billions of dollars) | 2Q25 | 3Q24 | 3Q25 vs. 2Q25 | 3Q25 vs. 3Q24 | | :--------------------------------------- | :------------------------- | :--- | :--- | :------------ | :------------ | | Total corporate loans | $335.3 | $329.6 | $299.8 | 2% | 12% | | Total consumer loans | $398.6 | $395.8 | $389.2 | 1% | 2% | | Corporate loans by region (North America) | $150.1 | $146.5 | $127.5 | 2% | 18% | | USPB Branded Cards EOP loans | $121.2 | $120.2 | $115.9 | 1% | 5% | | Mexico Consumer EOP loans | $21.2 | $20.0 | $17.4 | 6% | 22% | | Asia Consumer EOP loans | $2.7 | $3.0 | $5.5 | (10%) | (51%) | [EOP Deposits](index=18&type=section&id=EOP%20Deposits) This section details 3Q25 End-of-Period deposit balances by segment and region, showing total deposit growth, with Services and Wealth increasing, but Asia Consumer declining due to divestitures | Metric | 3Q25 (Billions of dollars) | 2Q25 | 3Q24 | 3Q25 vs. 2Q25 | 3Q25 vs. 3Q24 | | :--------------------------------------- | :------------------------- | :--- | :--- | :------------ | :------------ | | Total deposits—EOP | $1,383.9 | $1,357.7 | $1,310.0 | 2% | 6% | | Services deposits | $891.3 | $874.5 | $825.7 | 2% | 8% | | Wealth deposits | $318.1 | $309.9 | $316.3 | 3% | 1% | | USPB deposits | $89.6 | $90.5 | $85.1 | (1%) | 5% | | Mexico Consumer deposits | $29.7 | $28.5 | $26.1 | 4% | 14% | | Asia Consumer deposits | $1.3 | $1.5 | $8.4 | (13%) | (85%) | [Allowance for Credit Losses (ACL) Rollforward](index=19&type=section&id=Allowance%20for%20Credit%20Losses%20(ACL)%20Rollforward) This section presents the 3Q25 rollforward of Allowance for Credit Losses (ACL), including ACLL and ACLUC by segment, showing year-over-year increases reflecting credit risk management | Metric | 3Q25 (Millions of dollars) | 2Q25 | 3Q24 | 3Q25 vs. 2Q25 | 3Q25 vs. 3Q24 | | :--------------------------------------- | :------------------------- | :--- | :--- | :------------ | :------------ | | Total ACLL at end of period | $19,206 | $19,123 | $18,356 | - | 5% | | Total ACLUC at end of period | $1,820 | $1,721 | $1,725 | 6% | 6% | | Total allowance for credit losses (ACL) | $23,778 | $23,201 | $21,756 | 1% | 7% | | ACLL/EOP Loans | 2.65% | 2.67% | 2.70% | (2) bps | (5) bps | | Corporate ACLL | $3,001 | $3,023 | $2,556 | (1%) | 17% | | Consumer ACLL | $16,205 | $16,100 | $15,765 | 1% | 3% | [Allowance for Credit Losses on Loans (ACLL) and Unfunded Lending Commitments (ACLUC)](index=20&type=section&id=Allowance%20for%20Credit%20Losses%20on%20Loans%20(ACLL)%20and%20Unfunded%20Lending%20Commitments%20(ACLUC)) This section analyzes 3Q25 ACLL and ACLUC, including NCLs and net reserve builds for loans, showing stable NCLs and a significant quarter-over-quarter decrease in net reserve builds | Metric | 3Q25 (Millions of dollars) | 2Q25 | 3Q24 | 3Q25 vs. 2Q25 | 3Q25 vs. 3Q24 | | :--------------------------------------- | :------------------------- | :--- | :--- | :------------ | :------------ | | Total Citigroup ACLL at end of period | $19,206 | $19,123 | $18,356 | - | 5% | | Net credit (losses) / recoveries on loans (NCLs) | $(2,214) | $(2,234) | $(2,172) | (1%) | 2% | | Net reserve builds / (releases) for loans | $45 | $243 | $210 | (81%) | (79%) | | Provision for credit losses on loans (PCLL) | $2,259 | $2,477 | $2,382 | (9%) | (5%) | | Consumer ACLL at end of period | $16,205 | $16,100 | $15,765 | 1% | 3% | | Corporate ACLL at end of period | $3,001 | $3,023 | $2,591 | (1%) | 16% | [Non-Accrual Assets](index=22&type=section&id=Non-Accrual%20Assets) This section reports 3Q25 non-accrual loans (NAL) for corporate and consumer segments, showing a significant year-over-year increase in total NAL and a decrease in ACLL as a percentage of NAL | Metric | 3Q25 (Millions of dollars) | 2Q25 | 3Q24 | 3Q25 vs. 2Q25 | 3Q25 vs. 3Q24 | | :--------------------------------------- | :------------------------- | :--- | :--- | :------------ | :------------ | | Total non-accrual loans (NAL) | $3,678 | $3,354 | $2,166 | 10% | 70% | | Corporate non-accrual loans | $2,071 | $1,722 | $944 | 20% | 119% | | Consumer non-accrual loans | $1,607 | $1,632 | $1,222 | (2%) | 32% | | NAL as a percentage of total loans | 0.50% | 0.46% | 0.31% | 4 bps | 19 bps | | ACLL as a percentage of NAL | 522% | 570% | 847% | (48) bps | (325) bps | [CET1 Capital and Supplementary Leverage Ratios, Tangible Common Equity, Book Value Per Share and Tangible Book Value Per Share](index=23&type=section&id=CET1%20Capital%20and%20Supplementary%20Leverage%20Ratios%2C%20Tangible%20Common%20Equity%2C%20Book%20Value%20Per%20Share%20and%20Tangible%20Book%20Value%20Per%20Share) This section provides key 3Q25 capital and equity metrics for Citigroup, showing slight declines in CET1 and SLR ratios, while Tangible Book Value Per Share continued to increase | Metric | September 30, 2025 (Millions of dollars, except per share/ratio) | June 30, 2025 | September 30, 2024 | 3Q25 vs. 2Q25 | 3Q25 vs. 3Q24 | | :--------------------------------------- | :--------------------------------------------------------------- | :------------ | :----------------- | :------------ | :------------ | | CET1 Capital | $158,461 | $158,943 | $158,106 | - | - | | Risk-Weighted Assets (RWA) | $1,197,575 | $1,178,756 | $1,153,150 | 2% | 4% | | CET1 Capital ratio (CET1/RWA) | 13.2% | 13.48% | 13.71% | (28) bps | (51) bps | | Supplementary Leverage ratio (SLR) | 5.5% | 5.53% | 5.85% | (3) bps | (35) bps | | Tangible common equity (TCE) | $171,265 | $173,339 | $169,588 | (1%) | 1% | | Book value per share | $108.41 | $106.94 | $101.91 | 1% | 6% | | Tangible book value per share (TBVPS) | $95.72 | $94.16 | $89.67 | 2% | 7% |