Workflow
Citigroup's Card Delinquencies Decline, Charge-Offs Increase in August
CitiCiti(US:C) ZACKS·2025-09-16 18:20

Key Takeaways Citigroup reported improved card delinquency rates in August versus July and last year.Net charge-offs rose to 2.38% in August, flat year over year but up from July.Credit card receivables inched to $20.8B, though still below August 2024 levels. Citigroup Inc.’s (C) subsidiary, Citibank N.A., reported mixed performance in its credit card metrics for August 2025 in a recent SEC filing. While delinquency rates improved compared with the prior month and year-ago period, net charge-offs witnessed ...