Net Charge - Off

Search documents
Citigroup's Card Delinquencies Rise: Will it Impact Asset Quality?
ZACKS· 2025-08-19 16:16
Key Takeaways Citigroup's credit card delinquency rate rose to 1.42% in July from 1.38% in June.Net charge-off rate eased down to 2.07% from June and well below the July 2019 level.Principal receivables in Citibank's trust slipped to $20.7B in July from $20.9B in June.In a recent SEC filing, Citigroup Inc.’s (C) subsidiary, Citibank N.A., disclosed a rise in its credit card trust delinquency rates for July 2025 from June 2025. Nonetheless, both metrics remained under their pre-pandemic levels despite the re ...