CITIGROUP INC - FORM 8-K - EX-99.2

Attached files

file	filename
8-K - 8-K - CITIGROUP INC	a17-23090_18k.htm
EX-99.1 - EX-99.1 - CITIGROUP INC	a17-23090_1ex99d1.htm

Exhibit 99.2

CITIGROUP - QUARTERLY FINANCIAL DATA SUPPLEMENT	3Q17

	Page
Citigroup Consolidated
Financial Summary	1
Consolidated Statement of Income	2
Consolidated Balance Sheet	3
Segment Detail
Net Revenues	4
Income & Regional Average Assets and ROA	5

Global Consumer Banking (GCB)	6
Retail Banking and Cards Key Indicators	7
North America	8 - 10
Latin America	11 - 12
Asia (1)	13 - 14
Institutional Clients Group (ICG)	15
Revenues by Business	16

Corporate / Other	17
Consumer Key Indicators	18

Citigroup Supplemental Detail
Average Balances and Interest Rates	19
Deposits	20
Loans	21
Consumer Loan Delinquency Amounts and Ratios
90+ Days	22
30-89 Days	23
Allowance for Credit Losses	24 - 25
Components of Provision for Loan Losses	26
Non-Accrual Assets	27

CET1 Capital and Supplementary Leverage Ratios, Tangible Common Equity, Book Value Per Share, Tangible Book Value Per Share and Returns on Equity	28

(1) Asia GCB includes the results of operations of GCB activities in certain EMEA countries for all periods presented.

CITIGROUP — FINANCIAL SUMMARY

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

																3Q17 Increase/				Nine			Nine			YTD 2017 vs.
	3Q			4Q			1Q			2Q			3Q			(Decrease) from				Months			Months			YTD 2016 Increase/
	2016			2016			2017			2017			2017			2Q17		3Q16		2016			2017			(Decrease)

Total Revenues, Net of Interest Expense	$	17,760		$	17,012		$	18,120		$	17,901		$	18,173		2	%	2	%	$	52,863		$	54,194		3	%
Total Operating Expenses	10,404			10,120			10,477			10,506			10,171			(3	)%	(2	)%	31,296			31,154			—
Net Credit Losses (NCLs)	1,525			1,696			1,709			1,710			1,777			4	%	17	%	4,865			5,196			7	%
Credit Reserve Build / (Release)	221			31			(34		)	(44		)	369			NM		67	%	157			291			85	%
Provision / (Release) for Unfunded Lending Commitments	(45		)	33			(43		)	28			(175		)	NM		NM		(4		)	(190		)	NM
Provision for Benefits and Claims	35			32			30			23			28			22	%	(20	)%	172			81			(53	)%
Provisions for Credit Losses and for Benefits and Claims	$	1,736		$	1,792		$	1,662		$	1,717		$	1,999		16	%	15	%	$	5,190		$	5,378		4	%
Income from Continuing Operations before Income Taxes	$	5,620		$	5,100		$	5,981		$	5,678		$	6,003		6	%	7	%	$	16,377		$	17,662		8	%
Income Taxes (benefits)	1,733			1,509			1,863			1,795			1,866			4	%	8	%	4,935			5,524			12	%
Income from Continuing Operations	$	3,887		$	3,591		$	4,118		$	3,883		$	4,137		7	%	6	%	$	11,442		$	12,138		6	%
Income (Loss) from Discontinued Operations, net of Taxes	(30		)	(3		)	(18		)	21			(5		)	NM		83	%	(55		)	(2		)	96	%
Net Income before Noncontrolling Interests	$	3,857		$	3,588		$	4,100		$	3,904		$	4,132		6	%	7	%	$	11,387		$	12,136		7	%
Net Income Attributable to Noncontrolling Interests	17			15			10			32			(1		)	NM		NM		48			41			(15	)%
Citigroup’s Net Income	$	3,840		$	3,573		$	4,090		$	3,872		$	4,133		7	%	8	%	$	11,339		$	12,095		7	%

Diluted Earnings Per Share:
Income from Continuing Operations	$	1.25		$	1.14		$	1.36		$	1.27		$	1.42		12	%	14	%	$	3.60		$	4.05		13	%
Citigroup’s Net Income	$	1.24		$	1.14		$	1.35		$	1.28		$	1.42		11	%	15	%	$	3.58		$	4.05		13	%
Shares (in millions):
Average Basic	2,879.9			2,813.8			2,765.3			2,739.1			2,683.6			(2	)%	(7	)%	2,912.9			2,729.3			(6	)%
Average Diluted	2,880.1			2,814.2			2,765.5			2,739.2			2,683.7			(2	)%	(7	)%	2,913.0			2,729.5			(6	)%
Common Shares Outstanding, at period end	2,849.7			2,772.4			2,753.3			2,724.6			2,644.0			(3	)%	(7	)%

Preferred Dividends	$	225		$	320		$	301		$	320		$	272		(15	)%	21	%	$	757		$	893		18	%

Income Allocated to Unrestricted Common Shareholders - Basic
Income from Continuing Operations	$	3,592		$	3,207		$	3,752		$	3,483		$	3,813		9	%	6	%	$	10,491		$	11,048		5	%
Citigroup’s Net Income	$	3,562		$	3,204		$	3,734		$	3,504		$	3,808		9	%	7	%	$	10,437		$	11,046		6	%

Income Allocated to Unrestricted Common Shareholders - Diluted
Income from Continuing Operations	$	3,592		$	3,207		$	3,752		$	3,483		$	3,813		9	%	6	%	$	10,491		$	11,048		5	%
Citigroup’s Net Income	$	3,562		$	3,204		$	3,734		$	3,504		$	3,808		9	%	7	%	$	10,437		$	11,046		6	%

Regulatory Capital Ratios and Performance Metrics:
Common Equity Tier 1 (CET1) Capital Ratio (1) (2) (3)	12.63		%	12.57		%	12.81		%	13.06		%	13.0		%
Tier 1 Capital Ratio(1) (2) (3)	14.23		%	14.24		%	14.48		%	14.74		%	14.6		%
Total Capital Ratio(1) (2) (3)	16.34		%	16.24		%	16.52		%	16.93		%	16.9		%
Supplementary Leverage Ratio(2) (3) (4)	7.40		%	7.22		%	7.27		%	7.24		%	7.1		%
Return on Average Assets	0.83		%	0.78		%	0.91		%	0.83		%	0.87		%					0.84		%	0.87		%
Return on Average Common Equity	6.8		%	6.2		%	7.4		%	6.8		%	7.3		%					6.7		%	7.2		%
Efficiency Ratio (Total Operating Expenses/Total Revenues, net)	59		%	59		%	58		%	59		%	56		%					59		%	57		%

Balance Sheet Data(2) (in billions of dollars, except per share amounts):
Total Assets	$	1,818.1		$	1,792.1		$	1,821.5		$	1,864.1		$	1,889.2		1	%	4	%
Total Average Assets	1,830.2			1,819.8			1,830.6			1,869.2			1,892.3			1	%	3	%	$	1,805.0		$	1,864.0		3	%
Total Deposits	940.3			929.4			950.0			958.7			963.2			—		2	%
Citigroup’s Stockholders’ Equity(3)	231.6			225.1			228.0			230.0			227.6			(1	)%	(2	)%
Book Value Per Share(3)	74.51			74.26			75.81			77.36			78.81			2	%	6	%
Tangible Book Value Per Share(3)(5)	64.71			64.57			65.88			67.32			68.55			2	%	6	%

Direct Staff (in thousands)	220			219			215			214			213			—		(3	)%

(1) Citi’s reportable CET1 Capital and Tier 1 Capital ratios were derived under the U.S. Basel III Standardized Approach as of September 30, 2017 and June 30, 2017 and the U.S. Basel III Advanced Approaches framework for all periods prior to June 30, 2017. For all periods presented, Citi’s reportable Total Capital ratios were derived under the U.S. Basel III Advanced Approaches framework. The reportable ratios represent the lower of each of the three risk-based capital ratios (CET1 Capital, Tier 1 Capital and Total Capital) under both the Standardized Approach and the Advanced Approaches under the Collins Amendment. Citigroup’s risk-based capital ratios, which reflect full implementation of the U.S. Basel III rules, are non-GAAP financial measures. For the composition of Citi’s CET1 Capital and ratio, see page 28.

(2) September 30, 2017 is preliminary.

(3) In March 2017, the FASB issued Accounting Standards Update 2017-08, Premium Amortization on Purchased Callable Debt Securities (ASU 2017-08), which revises existing U.S. GAAP by shortening the amortization period for premiums on certain purchased callable debt securities to the earliest call date, rather than the contractual life of the security. During the second quarter of 2017, Citi early adopted ASU 2017-08 on a modified retrospective basis effective January 1, 2017, resulting in a $156 million net reduction of Citi’s stockholders’ equity. 1Q17 regulatory capital ratios, book value and tangible book value per share have been restated, although the retrospective application was immaterial to these ratios and amounts.

(4) Citigroup’s Supplementary Leverage Ratio (SLR), which reflects full implementation of the U.S. Basel III rules, is a non-GAAP financial measure. For the composition of Citi’s SLR, see page 28.

(5) Tangible book value per share is a non-GAAP financial measure. For a reconciliation of this measure to reported results, see page 28.

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

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

Page 1

CITIGROUP CONSOLIDATED STATEMENT OF INCOME
(In millions of dollars)

																3Q17 Increase/				Nine			Nine			YTD 2017 vs.
	3Q			4Q			1Q			2Q			3Q			(Decrease) from				Months			Months			YTD 2016 Increase/
	2016			2016			2017			2017			2017			2Q17		3Q16		2016			2017			(Decrease)
Revenues
Interest revenue	$	14,653		$	14,439		$	14,423		$	15,201		$	15,821		4	%	8	%	$	43,176		$	45,445		5	%
Interest expense	3,174			3,277			3,566			4,036			4,379			8	%	38	%	9,234			11,981			30	%
Net interest revenue	11,479			11,162			10,857			11,165			11,442			2	%	—		33,942			33,464			(1	)%

Commissions and fees	2,644			2,689			2,759			2,937			2,931			—		11	%	7,832			8,627			10	%
Principal transactions	2,238			1,691			3,022			2,562			2,170			(15	)%	(3	)%	5,894			7,754			32	%
Administrative and other fiduciary fees	862			813			893			1,003			1,010			1	%	17	%	2,551			2,906			14	%
Realized gains (losses) on investments	287			275			192			221			213			(4	)%	(26	)%	673			626			(7	)%
Other-than-temporary impairment losses on investments and other assets	(32		)	(5		)	(12		)	(20		)	(15		)	25	%	53	%	(615		)	(47		)	92	%
Insurance premiums	184			171			169			156			166			6	%	(10	)%	665			491			(26	)%
Other revenue	98			216			240			(123		)	256			NM		NM		1,921			373			(81	)%
Total non-interest revenues	6,281			5,850			7,263			6,736			6,731			—		7	%	18,921			20,730			10	%
Total revenues, net of interest expense	17,760			17,012			18,120			17,901			18,173			2	%	2	%	52,863			54,194			3	%

Provisions for Credit Losses and for Benefits and Claims

Net credit losses	1,525			1,696			1,709			1,710			1,777			4	%	17	%	4,865			5,196			7	%
Credit reserve build / (release)	221			31			(34		)	(44		)	369			NM		67	%	157			291			85	%
Provision for loan losses	1,746			1,727			1,675			1,666			2,146			29	%	23	%	5,022			5,487			9	%
Provision for Policyholder benefits and claims	35			32			30			23			28			22	%	(20	)%	172			81			(53	)%
Provision for unfunded lending commitments	(45		)	33			(43		)	28			(175		)	NM		NM		(4		)	(190		)	NM
Total provisions for credit losses and for benefits and claims	1,736			1,792			1,662			1,717			1,999			16	%	15	%	5,190			5,378			4	%

Operating Expenses
Compensation and benefits	5,203			4,982			5,534			5,463			5,304			(3	)%	2	%	15,988			16,301			2	%
Premises and Equipment	624			625			620			604			608			1	%	(3	)%	1,917			1,832			(4	)%
Technology / communication expense	1,694			1,685			1,659			1,690			1,759			4	%	4	%	5,000			5,108			2	%
Advertising and marketing expense	403			406			373			432			417			(3	)%	3	%	1,226			1,222			—
Other operating	2,480			2,422			2,291			2,317			2,083			(10	)%	(16	)%	7,165			6,691			(7	)%
Total operating expenses	10,404			10,120			10,477			10,506			10,171			(3	)%	(2	)%	31,296			31,154			—

Income from Continuing Operations before Income Taxes	5,620			5,100			5,981			5,678			6,003			6	%	7	%	16,377			17,662			8	%
Provision (benefits) for income taxes	1,733			1,509			1,863			1,795			1,866			4	%	8	%	4,935			5,524			12	%

Income from Continuing Operations	3,887			3,591			4,118			3,883			4,137			7	%	6	%	11,442			12,138			6	%
Discontinued Operations
Income (Loss) from Discontinued Operations	(37		)	(4		)	(28		)	33			(9		)	NM		76	%	(76		)	(4		)	95	%
Provision (benefits) for income taxes	(7		)	(1		)	(10		)	12			(4		)	NM		43	%	(21		)	(2		)	90	%
Income (Loss) from Discontinued Operations, net of taxes	(30		)	(3		)	(18		)	21			(5		)	NM		83	%	(55		)	(2		)	96	%

Net Income before Noncontrolling Interests	3,857			3,588			4,100			3,904			4,132			6	%	7	%	11,387			12,136			7	%

Net Income attributable to noncontrolling interests	17			15			10			32			(1		)	NM		NM		48			41			(15	)%
Citigroup’s Net Income	$	3,840		$	3,573		$	4,090		$	3,872		$	4,133		7	%	8	%	$	11,339		$	12,095		7	%

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

Page 2

CITIGROUP CONSOLIDATED BALANCE SHEET

(In millions of dollars)

																3Q17 Increase/
	September 30,			December 31,			March 31,			June 30,			September 30,			(Decrease) from
	2016			2016			2017			2017			2017 (1)			2Q17		3Q16
Assets
Cash and due from banks (including segregated cash and other deposits)	$	23,419		$	23,043		$	22,272		$	20,940		$	22,604		8	%	(3	)%
Deposits with banks	132,571			137,451			157,773			165,142			163,505			(1	)%	23	%
Fed funds sold and securities borr’d or purch under agree. to resell	236,045			236,813			242,929			234,065			252,608			8	%	7	%
Brokerage receivables	36,112			28,887			36,888			40,487			38,076			(6	)%	5	%
Trading account assets	254,627			243,925			244,903			259,606			258,907			—		2	%
Investments
Available-for-sale and non-marketable equity securities(2)	316,352			307,637			297,891			301,535			303,147			1	%	(4	)%
Held-to-maturity	38,588			45,667			47,820			50,175			51,527			3	%	34	%
Total Investments	354,940			353,304			345,711			351,710			354,674			1	%	—
Loans, net of unearned income
Consumer	328,372			325,063			320,556			325,261			325,576			—		(1	)%
Corporate	310,063			299,306			308,039			319,434			327,607			3	%	6	%
Loans, net of unearned income	638,435			624,369			628,595			644,695			653,183			1	%	2	%
Allowance for loan losses	(12,439		)	(12,060		)	(12,030		)	(12,025		)	(12,366		)	(3	)%	1	%
Total loans, net	625,996			612,309			616,565			632,670			640,817			1	%	2	%
Goodwill	22,539			21,659			22,265			22,349			22,345			—		(1	)%
Intangible assets (other than MSRs)	5,358			5,114			5,013			4,887			4,732			(3	)%	(12	)%
Mortgage servicing rights (MSRs)	1,270			1,564			567			560			553			(1	)%	(56	)%
Other assets	125,240			128,008			126,593			131,647			130,312			(1	)%	4	%
Total assets	$	1,818,117		$	1,792,077		$	1,821,479		$	1,864,063		$	1,889,133		1	%	4	%

Liabilities
Non-interest-bearing deposits in U.S. offices	$	141,899		$	136,698		$	129,436		$	126,253		$	127,220		1	%	(10	)%
Interest-bearing deposits in U.S. offices	288,094			300,972			310,572			311,361			315,556			1	%	10	%
Total U.S. Deposits	429,993			437,670			440,008			437,614			442,776			1	%	3	%
Non-interest-bearing deposits in offices outside the U.S.	75,956			77,616			79,063			83,046			84,178			1	%	11	%
Interest-bearing deposits in offices outside the U.S.	434,303			414,120			430,919			438,083			437,084			—		1	%
Total International Deposits	510,259			491,736			509,982			521,129			521,262			—		2	%

Total deposits	940,252			929,406			949,990			958,743			964,038			1	%	3	%
Fed funds purch and securities loaned or sold under agree. to repurch.	153,124			141,821			148,230			154,780			161,282			4	%	5	%
Brokerage payables	61,921			57,152			59,655			62,947			63,205			—		2	%
Trading account liabilities	131,649			139,045			144,070			136,745			138,820			2	%	5	%
Short-term borrowings	29,527			30,701			26,127			36,519			38,149			4	%	29	%
Long-term debt	209,051			206,178			208,530			225,179			232,673			3	%	11	%
Other liabilities(3)	59,903			61,631			55,880			58,043			62,344			7	%	4	%
Total liabilities	$	1,585,427		$	1,565,934		$	1,592,482		$	1,632,956		$	1,660,511		2	%	5	%

Equity
Stockholders’ equity(2)
Preferred stock	$	19,253		$	19,253		$	19,253		$	19,253		$	19,253		—		—
Common stock	31			31			31			31			31			—		—
Additional paid-in capital	107,875			108,042			107,613			107,798			107,896			—		—
Retained earnings(2)	143,678			146,477			149,071			152,178			155,174			2	%	8	%
Treasury stock	(12,069		)	(16,302		)	(17,579		)	(19,342		)	(24,829		)	(28	)%	NM
Accumulated other comprehensive income (loss)	(27,193		)	(32,381		)	(30,413		)	(29,899		)	(29,891		)	—		(10	)%
Total common equity	$	212,322		$	205,867		$	208,723		$	210,766		$	208,381		(1	)%	(2	)%

Total Citigroup stockholders’ equity	$	231,575		$	225,120		$	227,976		$	230,019		$	227,634		(1	)%	(2	)%
Noncontrolling interests	1,115			1,023			1,021			1,088			988			(9	)%	(11	)%
Total equity	232,690			226,143			228,997			231,107			228,622			(1	)%	(2	)%
Total liabilities and equity	$	1,818,117		$	1,792,077		$	1,821,479		$	1,864,063		$	1,889,133		1	%	4	%

(1) Preliminary

(2) See footnote 3 on page 1.

(3) Includes allowance for credit losses for unfunded lending commitments. See page 25 for amounts by period.

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

Page 3

SEGMENT DETAIL

NET REVENUES

(In millions of dollars)

											3Q17 Increase/				Nine		Nine		YTD 2017 vs.
	3Q		4Q		1Q		2Q		3Q		(Decrease) from				Months		Months		YTD 2016 Increase/
	2016		2016		2017		2017		2017		2Q17		3Q16		2016		2017		(Decrease)

Global Consumer Banking
North America	$	5,161	$	5,059	$	4,944	$	4,944	$	5,194	5	%	1	%	$	14,700	$	15,082	3	%
Latin America	1,245		1,212		1,151		1,290		1,370		6	%	10	%	3,710		3,811		3	%
Asia (1)	1,758		1,696		1,722		1,801		1,869		4	%	6	%	5,142		5,392		5	%
Total	8,164		7,967		7,817		8,035		8,433		5	%	3	%	23,552		24,285		3	%

Institutional Clients Group
North America	3,191		2,949		3,455		3,568		3,638		2	%	14	%	9,564		10,661		11	%
EMEA	2,506		2,605		2,807		2,837		2,655		(6	)%	6	%	7,250		8,299		14	%
Latin America	999		994		1,127		1,042		1,059		2	%	6	%	2,983		3,228		8	%
Asia	1,763		1,636		1,737		1,766		1,879		6	%	7	%	5,246		5,382		3	%
Total	8,459		8,184		9,126		9,213		9,231		—		9	%	25,043		27,570		10	%

Corporate / Other	1,137		861		1,177		653		509		(22	)%	(55	)%	4,268		2,339		(45	)%

Total Citigroup - Net Revenues	$	17,760	$	17,012	$	18,120	$	17,901	$	18,173	2	%	2	%	$	52,863	$	54,194	3	%

(1) Asia GCB includes the results of operations of GCB activities in certain EMEA countries for all periods presented.

Reclassified to conform to the current period’s presentation.

Page 4

SEGMENT DETAIL

INCOME

(In millions of dollars)

																3Q17 Increase/				Nine			Nine			YTD 2017 vs.
	3Q			4Q			1Q			2Q			3Q			(Decrease) from				Months			Months			YTD 2016 Increase/
	2016			2016			2017			2017			2017			2Q17		3Q16		2016			2017			(Decrease)
Income from Continuing Operations:

Global Consumer Banking
North America	$	780		$	810		$	627		$	670		$	655		(2	)%	(16	)%	$	2,428		$	1,952		(20	)%
Latin America	160			154			130			136			164			21	%	3	%	479			430			(10	)%
Asia (1)	310			261			246			323			355			10	%	15	%	822			924			12	%
Total	1,250			1,225			1,003			1,129			1,174			4	%	(6	)%	3,729			3,306			(11	)%

Institutional Clients Group
North America	1,067			877			1,100			1,112			1,322			19	%	24	%	2,618			3,534			35	%
EMEA	649			647			855			779			746			(4	)%	15	%	1,718			2,380			39	%
Latin America	389			343			475			333			380			14	%	(2	)%	1,111			1,188			7	%
Asia	555			514			581			556			614			10	%	11	%	1,697			1,751			3	%
Total	2,660			2,381			3,011			2,780			3,062			10	%	15	%	7,144			8,853			24	%

Corporate / Other	(23		)	(15		)	104			(26		)	(99		)	NM		NM		569			(21		)	NM

Income From Continuing Operations	3,887			3,591			4,118			3,883			4,137			7	%	6	%	11,442			12,138			6	%


Discontinued Operations	(30		)	(3		)	(18		)	21			(5		)	NM		83	%	(55		)	(2		)	96	%

Net Income Attributable to Noncontrolling Interests	17			15			10			32			(1		)	NM		NM		48			41			(15	)%

Total Citigroup - Net Income	$	3,840		$	3,573		$	4,090		$	3,872		$	4,133		7	%	8	%	$	11,339		$	12,095		7	%

Average Assets
North America	$	951		$	971		$	964		$	980		$	993		1	%	4	%	$	932		$	979		5	%
EMEA (1)	317			308			318			335			329			(2	)%	4	%	310			327			5	%
Latin America	128			125			125			130			131			1	%	2	%	130			129			(1	)%
Asia (1)	323			316			322			329			337			2	%	4	%	313			329			5	%
Corporate / Other	111			100			102			95			102			7	%	(8	)%	120			100			(17	)%
Total	$	1,830		$	1,820		$	1,831		$	1,869		$	1,892		1	%	3	%	$	1,805		$	1,864		3	%

Return on Average Assets (ROA)
North America	0.77		%	0.69		%	0.73		%	0.73		%	0.79		%					0.72		%	0.75		%
EMEA (1)	0.80		%	0.82		%	1.08		%	0.92		%	0.88		%					0.72		%	0.96		%
Latin America	1.70		%	1.58		%	1.94		%	1.44		%	1.64		%					1.63		%	1.67		%
Asia (1)	1.06		%	0.97		%	1.04		%	1.07		%	1.14		%					1.07		%	1.09		%
Corporate/Other	(0.17		)%	(0.08		)%	0.37		%	(0.06		)%	(0.34		)%					0.58		%	(0.01		)%
Total	0.83		%	0.78		%	0.91		%	0.83		%	0.87		%					0.84		%	0.87		%

(1) Asia GCB includes the results of operations of GCB activities in certain EMEA countries for all periods presented.

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

Page 5

GLOBAL CONSUMER BANKING
Page 1
(In millions of dollars, except as otherwise noted)

																3Q17 Increase/				Nine			Nine			YTD 2017 vs.
	3Q			4Q			1Q			2Q			3Q			(Decrease) from				Months			Months			YTD 2016 Increase/
	2016			2016			2017			2017			2017			2Q17		3Q16		2016			2017			(Decrease)

Net Interest Revenue	$	6,709		$	6,656		$	6,522		$	6,699		$	7,010		5	%	4	%	$	19,369		$	20,231		4	%
Non-Interest Revenue	1,455			1,311			1,295			1,336			1,423			7	%	(2	)%	4,183			4,054			(3	)%
Total Revenues, Net of Interest Expense	8,164			7,967			7,817			8,035			8,433			5	%	3	%	23,552			24,285			3	%
Total Operating Expenses	4,429			4,356			4,415			4,497			4,410			(2	)%	—		13,127			13,322			1	%
Net Credit Losses	1,349			1,516			1,603			1,615			1,704			6	%	26	%	4,094			4,922			20	%
Credit Reserve Build / (Release)	436			164			177			125			486			NM		11	%	544			788			45	%
Provision for Unfunded Lending Commitments	(3		)	(3		)	6			(1		)	(5		)	NM		(67	)%	6			—			(100	)%
Provision for Benefits and Claims	26			32			29			23			28			22	%	8	%	74			80			8	%
Provisions for Credit Losses and for Benefits and Claims (LLR & PBC)	1,808			1,709			1,815			1,762			2,213			26	%	22	%	4,718			5,790			23	%
Income from Continuing Operations before Taxes	1,927			1,902			1,587			1,776			1,810			2	%	(6	)%	5,707			5,173			(9	)%
Income Taxes	677			677			584			647			636			(2	)%	(6	)%	1,978			1,867			(6	)%
Income from Continuing Operations	1,250			1,225			1,003			1,129			1,174			4	%	(6	)%	3,729			3,306			(11	)%
Noncontrolling Interests	3			1			1			4			2			(50	)%	(33	)%	6			7			17	%
Net Income	$	1,247		$	1,224		$	1,002		$	1,125		$	1,172		4	%	(6	)%	$	3,723		$	3,299		(11	)%
EOP Assets (in billions of dollars)	$	411		$	412		$	412		$	419		$	419		—		2	%
Average Assets (in billions of dollars)	$	409		$	410		$	411		$	414		$	421		2	%	3	%	$	391		$	415		6	%
Return on Average Assets (ROA)	1.21		%	1.19		%	0.99		%	1.09		%	1.10		%					1.27		%	1.06		%
Efficiency Ratio	54		%	55		%	56		%	56		%	52		%					56		%	55		%

Net Credit Losses as a % of Average Loans	1.87		%	2.10		%	2.24		%	2.20		%	2.26		%					1.97		%	2.24		%

Revenue by Business
Retail Banking	$	3,330		$	3,157		$	3,155		$	3,299		$	3,493		6	%	5	%	$	9,759		$	9,947		2	%
Cards (1)	4,834			4,810			4,662			4,736			4,940			4	%	2	%	13,793			14,338			4	%
Total	$	8,164		$	7,967		$	7,817		$	8,035		$	8,433		5	%	3	%	$	23,552		$	24,285		3	%

Net Credit Losses by Business
Retail Banking	$	257		$	286		$	236		$	244		$	300		23	%	17	%	$	721		$	780		8	%
Cards (1)	1,092			1,230			1,367			1,371			1,404			2	%	29	%	3,373			4,142			23	%
Total	$	1,349		$	1,516		$	1,603		$	1,615		$	1,704		6	%	26	%	$	4,094		$	4,922		20	%

Income from Continuing Operations by Business
Retail Banking	$	461		$	335		$	339		$	420		$	550		31	%	19	%	$	1,231		$	1,309		6	%
Cards (1)	789			890			664			709			624			(12	)%	(21	)%	2,498			1,997			(20	)%
Total	$	1,250		$	1,225		$	1,003		$	1,129		$	1,174		4	%	(6	)%	$	3,729		$	3,306		(11	)%

Foreign Currency (FX) Translation Impact:
Total Revenue - as Reported	$	8,164		$	7,967		$	7,817		$	8,035		$	8,433		5	%	3	%	$	23,552		$	24,285		3	%
Impact of FX Translation (2)	89			180			146			60			—							(39		)	—
Total Revenues - Ex-FX (2)	$	8,253		$	8,147		$	7,963		$	8,095		$	8,433		4	%	2	%	$	23,513		$	24,285		3	%

Total Operating Expenses - as Reported	$	4,429		$	4,356		$	4,415		$	4,497		$	4,410		(2	)%	—		$	13,127		$	13,322		1	%
Impact of FX Translation (2)	43			97			75			30			—							(10		)	—
Total Operating Expenses - Ex-FX (2)	$	4,472		$	4,453		$	4,490		$	4,527		$	4,410		(3	)%	(1	)%	$	13,117		$	13,322		2	%

Total Provisions for LLR & PBC - as Reported	$	1,808		$	1,709		$	1,815		$	1,762		$	2,213		26	%	22	%	$	4,718		$	5,790		23	%
Impact of FX Translation (2)	20			41			34			15			—							(20		)	—
Total Provisions for LLR & PBC - Ex-FX (2)	$	1,828		$	1,750		$	1,849		$	1,777		$	2,213		25	%	21	%	$	4,698		$	5,790		23	%

Net Income - as Reported	$	1,247		$	1,224		$	1,002		$	1,125		$	1,172		4	%	(6	)%	$	3,723		$	3,299		(11	)%
Impact of FX Translation (2)	17			27			24			10			—							(10		)	—
Net Income - Ex-FX (2)	$	1,264		$	1,251		$	1,026		$	1,135		$	1,172		3	%	(7	)%	$	3,713		$	3,299		(11	)%

(1) Includes both Citi-Branded Cards and Citi Retail Services.

(2) Reflects the impact of foreign currency (FX) translation into U.S. Dollars at the third quarter of 2017 and year-to-date 2017 average exchange rates for all periods presented. Citigroup’s results of operations excluding the impact of FX translation are non-GAAP financial measures.

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

Page 6

GLOBAL CONSUMER BANKING

Page 2

																3Q17 Increase/
	3Q			4Q			1Q			2Q			3Q			(Decrease) from
	2016			2016			2017			2017			2017			2Q17		3Q16

Retail Banking Key Indicators (in billions of dollars, except as otherwise noted)

Branches (actual)	2,648			2,618			2,601			2,570			2,474			(4	)%	(7	)%
Accounts (in millions)	55.1			54.6			53.9			53.8			53.2			(1	)%	(3	)%
Average Deposits	$	301.2		$	301.1		$	303.5		$	307.2		$	308.1		—		2	%
Investment Sales	$	19.7		$	18.5		$	20.9		$	21.8		$	25.3		16	%	28	%
Investment Assets under Management (AUMs)	$	140.9		$	137.5		$	146.7		$	152.8		$	158.2		4	%	12	%
Average Loans	$	142.0		$	138.1		$	138.8		$	142.3		$	144.3		1	%	2	%
EOP Loans:
Mortgages	$	81.4		$	79.4		$	81.2		$	81.4		$	81.4		—		—
Commercial Banking	33.2			32.0			33.9			34.8			35.5			2	%	7	%
Personal and Other	27.0			24.9			26.3			27.2			27.3			—		1	%
EOP Loans	$	141.6		$	136.3		$	141.4		$	143.4		$	144.2		1	%	2	%

Net Interest Revenue (in millions) (1)	$	2,191		$	2,129		$	2,143		$	2,274		$	2,375		4	%	8	%
As a % of Average Loans	6.14		%	6.13		%	6.26		%	6.41		%	6.53		%

Net Credit Losses (in millions)	$	257		$	286		$	236		$	244		$	300		23	%	17	%
As a % of Average Loans	0.72		%	0.82		%	0.69		%	0.69		%	0.82		%
Loans 90+ Days Past Due (in millions) (2)	$	579		$	474		$	488		$	477		$	489		3	%	(16	)%
As a % of EOP Loans	0.41		%	0.35		%	0.35		%	0.33		%	0.34		%
Loans 30-89 Days Past Due (in millions) (2)	$	722		$	726		$	777		$	747		$	805		8	%	11	%
As a % of EOP Loans	0.51		%	0.54		%	0.55		%	0.52		%	0.56		%

Cards Key Indicators (in millions of dollars, except as otherwise noted)
EOP Open Accounts (in millions)	143.0			142.7			142.4			142.5			142.2			—		(1	)%
Purchase Sales (in billions)	$	115.3		$	125.1		$	112.2		$	125.3		$	124.9		—		8	%

Average Loans (in billions) (3)	$	145.5		$	149.3		$	150.8		$	151.5		$	155.4		3	%	7	%
EOP Loans (in billions) (3)	$	147.8		$	155.6		$	149.9		$	155.1		$	156.6		1	%	6	%
Average Yield (4)	12.76		%	12.54		%	12.58		%	12.67		%	12.75		%
Net Interest Revenue (5)	$	4,518		$	4,527		$	4,379		$	4,425		$	4,635		5	%	3	%
As a % of Average Loans (5)	12.35		%	12.06		%	11.78		%	11.72		%	11.83		%
Net Credit Losses	$	1,092		$	1,230		$	1,367		$	1,371		$	1,404		2	%	29	%
As a % of Average Loans	2.99		%	3.28		%	3.68		%	3.63		%	3.58		%
Net Credit Margin (6)	$	3,734		$	3,572		$	3,288		$	3,357		$	3,528		5	%	(6	)%
As a % of Average Loans (6)	10.21		%	9.52		%	8.84		%	8.89		%	9.01		%
Loans 90+ Days Past Due	$	1,587		$	1,819		$	1,753		$	1,706		$	1,790		5	%	13	%
As a % of EOP Loans	1.07		%	1.17		%	1.17		%	1.10		%	1.14		%
Loans 30-89 Days Past Due	$	1,831		$	1,814		$	1,739		$	1,751		$	1,958		12	%	7	%
As a % of EOP Loans	1.24		%	1.17		%	1.16		%	1.13		%	1.25		%

(1) Also includes net interest revenue related to the international regions’ deposit balances in excess of the average loan portfolio.

(2) The Loans 90+ Days Past Due and 30-89 Days Past Due and related ratios excludes U.S. mortgage loans that are guaranteed by U.S. government-sponsored agencies. See footnote 2 on page 9.

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

(4) Average yield is gross interest revenue earned divided by average loans.

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

(6) Net credit margin is total revenues, net of interest expense, less net credit losses and policy benefits and claims.

Reclassified to conform to the current period’s presentation.

Page 7

GLOBAL CONSUMER BANKING

NORTH AMERICA

Page 1

(In millions of dollars, except as otherwise noted)

																3Q17 Increase/				Nine			Nine			YTD 2017 vs.
	3Q			4Q			1Q			2Q			3Q			(Decrease) from				Months			Months			YTD 2016 Increase/
	2016			2016			2017			2017			2017			2Q17		3Q16		2016			2017			(Decrease)

Net Interest Revenue	$	4,696		$	4,706		$	4,617		$	4,633		$	4,825		4	%	3	%	$	13,425		$	14,075		5	%
Non-Interest Revenue	465			353			327			311			369			19	%	(21	)%	1,275			1,007			(21	)%
Total Revenues, Net of Interest Expense	5,161			5,059			4,944			4,944			5,194			5	%	1	%	14,700			15,082			3	%
Total Operating Expenses	2,595			2,537			2,576			2,577			2,460			(5	)%	(5	)%	7,521			7,613			1	%
Net Credit Losses	927			1,105			1,190			1,181			1,239			5	%	34	%	2,814			3,610			28	%
Credit Reserve Build / (Release)	408			117			152			101			463			NM		13	%	536			716			34	%
Provision for Unfunded Lending Commitments	—			(1		)	7			2			(3		)	NM		NM		7			6			(14	)%
Provision for Benefits and Claims	8			9			6			8			9			13	%	13	%	25			23			(8	)%
Provisions for Loan Losses and for Benefits and Claims	1,343			1,230			1,355			1,292			1,708			32	%	27	%	3,382			4,355			29	%
Income from Continuing Operations before Taxes	1,223			1,292			1,013			1,075			1,026			(5	)%	(16	)%	3,797			3,114			(18	)%
Income Taxes	443			482			386			405			371			(8	)%	(16	)%	1,369			1,162			(15	)%
Income from Continuing Operations	780			810			627			670			655			(2	)%	(16	)%	2,428			1,952			(20	)%
Noncontrolling Interests	—			(1		)	—			—			—			—		—		(1		)	—			100	%
Net Income	$	780		$	811		$	627		$	670		$	655		(2	)%	(16	)%	$	2,429		$	1,952		(20	)%
Average Assets (in billions)	$	239		$	245		$	245		$	243		$	249		2	%	4	%	$	223		$	246		10	%
Return on Average Assets	1.30		%	1.32		%	1.04		%	1.11		%	1.04		%					1.45		%	1.06		%
Efficiency Ratio	50		%	50		%	52		%	52		%	47		%					51		%	50		%

Net Credit Losses as a % of Average Loans	2.07		%	2.42		%	2.63		%	2.58		%	2.63		%					2.24		%	2.62		%

Revenue by Business
Retail Banking	$	1,356		$	1,263		$	1,256		$	1,291		$	1,363		6	%	1	%	$	3,959		$	3,910		(1	)%
Citi-Branded Cards	2,191			2,213			2,096			2,079			2,178			5	%	(1	)%	5,937			6,353			7	%
Citi Retail Services	1,614			1,583			1,592			1,574			1,653			5	%	2	%	4,804			4,819			—
Total	$	5,161		$	5,059		$	4,944		$	4,944		$	5,194		5	%	1	%	$	14,700		$	15,082		3	%

Net Credit Losses by Business
Retail Banking	$	52		$	83		$	37		$	39		$	88		NM		69	%	$	122		$	164		34	%
Citi-Branded Cards	448			539			633			611			611			—		36	%	1,370			1,855			35	%
Citi Retail Services	427			483			520			531			540			2	%	26	%	1,322			1,591			20	%
Total	$	927		$	1,105		$	1,190		$	1,181		$	1,239		5	%	34	%	$	2,814		$	3,610		28	%

Income from Continuing Operations by Business
Retail Banking	$	187		$	85		$	83		$	140		$	179		28	%	(4	)%	$	448		$	402		(10	)%
Citi-Branded Cards	322			446			248			305			345			13	%	7	%	995			898			(10	)%
Citi Retail Services	271			279			296			225			131			(42	)%	(52	)%	985			652			(34	)%
Total	$	780		$	810		$	627		$	670		$	655		(2	)%	(16	)%	$	2,428		$	1,952		(20	)%

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

Page 8

GLOBAL CONSUMER BANKING

NORTH AMERICA

Page 2

																3Q17 Increase/ (Decrease) from
	3Q			4Q			1Q			2Q			3Q			3Q17 Increase/ (Decrease) from
	2016			2016			2017			2017			2017			2Q17		3Q16

Retail Banking Key Indicators (in billions of dollars, except as otherwise noted)

Branches (actual)	727			723			705			695			695			—		(4	)%
Accounts (in millions)	10.6			10.5			9.6			9.5			9.4			(1	)%	(11	)%
Average Deposits	$	183.9		$	186.0		$	185.5		$	185.1		$	184.1		(1	)%	—
Investment Sales	$	5.2		$	5.3		$	6.2		$	6.5		$	6.7		3	%	29	%
Investment AUMs	$	53.1		$	52.8		$	55.1		$	56.7		$	58.6		3	%	10	%

Average Loans	$	55.0		$	55.0		$	55.4		$	55.6		$	55.7		—		1	%

EOP Loans:
Mortgages	$	44.0		$	44.2		$	44.3		$	44.3		$	44.2		—		—
Commercial Banking	8.8			9.0			9.2			9.2			9.4			2	%	7	%
Personal and Other	2.0			2.1			2.0			2.1			2.1			—		5	%
Total EOP Loans	$	54.8		$	55.3		$	55.5		$	55.6		$	55.7		—		2	%

Mortgage Originations (1)	$	6.5		$	5.6		$	3.8		$	3.1		$	3.2		3	%	(51	)%

Third Party Mortgage Servicing Portfolio (EOP)	$	147.6		$	143.2		$	48.5		$	49.1		$	49.1		—		(67	)%

Net Servicing & Gain/(Loss) on Sale (in millions)	$	141.9		$	102.8		$	63.1		$	50.0		$	47.3		(5	)%	(67	)%

Saleable Mortgage Rate Locks	$	3.9		$	2.6		$	1.9		$	1.5		$	1.7		13	%	(56	)%

Net Interest Revenue on Loans (in millions)	$	281		$	264		$	251		$	249		$	253		2	%	(10	)%
As a % of Avg. Loans	2.03		%	1.91		%	1.84		%	1.80		%	1.80		%

Net Credit Losses (in millions)	$	52		$	83		$	37		$	39		$	88		NM		69	%
As a % of Avg. Loans	0.38		%	0.60		%	0.27		%	0.28		%	0.63		%

Loans 90+ Days Past Due (in millions) (2)	$	256		$	181		$	182		$	155		$	167		8	%	(35	)%
As a % of EOP Loans	0.47		%	0.33		%	0.33		%	0.28		%	0.30		%
Loans 30-89 Days Past Due (in millions) (2)	$	198		$	214		$	189		$	191		$	270		41	%	36	%
As a % of EOP Loans	0.37		%	0.39		%	0.35		%	0.35		%	0.49		%

(1) Originations of residential first mortgages.

(2) The Loans 90+ Days Past Due and 30-89 Days Past Due and related ratios exclude U.S. mortgage loans that are guaranteed by U.S. government-sponsored agencies since the potential loss predominantly resides with the U.S. agencies.

The amounts excluded for Loans 90+ Days Past Due and (EOP Loans) were $305 million and ($0.7 billion), $327 million and ($0.7 billion), $313 million and ($0.8 billion), $295 million and ($0.8 billion), and $289 million and ($0.7 billion), as of September 30, 2016, December 31, 2016, March 31, 2017, June 30, 2017 and September 30, 2017, respectively.

The amounts excluded for Loans 30-89 Days Past Due and (EOP Loans) were $58 million and ($0.7 billion), $70 million and ($0.7 billion), $84 million and ($0.8 billion), $84 million and ($0.8 billion), and $79 million and ($0.7 billion), as of September 30, 2016, December 31, 2016, March 31, 2017, June 30, 2017 and September 30, 2017, respectively.

Reclassified to conform to the current period’s presentation.

Page 9

GLOBAL CONSUMER BANKING

NORTH AMERICA

Page 3

																3Q17 Increase/ (Decrease) from
	3Q			4Q			1Q			2Q			3Q			3Q17 Increase/ (Decrease) from
	2016			2016			2017			2017			2017			2Q17		3Q16

Citi-Branded Cards Key Indicators (in millions of dollars, except as otherwise noted) (1)
EOP Open Accounts (in millions)	32.5			32.9			33.2			33.6			33.9			1	%	4	%
Purchase Sales (in billions)	$	73.1		$	78.5		$	72.5		$	80.5		$	80.4		—		10	%

Average Loans (in billions) (1)	$	79.2		$	82.1		$	82.6		$	83.3		$	85.4		3	%	8	%

EOP Loans (in billions) (1)	$	81.3		$	86.0		$	82.2		$	85.6		$	86.3		1	%	6	%

Average Yield (2)	9.90		%	9.60		%	9.60		%	9.61		%	9.70		%
Net Interest Revenue (3)	$	1,863		$	1,867		$	1,785		$	1,788		$	1,849		3	%	(1	)%
As a % of Avg. Loans (3)	9.36		%	9.05		%	8.76		%	8.61		%	8.59		%
Net Credit Losses	$	448		$	539		$	633		$	611		$	611		—		36	%
As a % of Average Loans	2.25		%	2.61		%	3.11		%	2.94		%	2.84		%
Net Credit Margin (4)	$	1,740		$	1,670		$	1,461		$	1,466		$	1,564		7	%	(10	)%
As a % of Avg. Loans (4)	8.74		%	8.09		%	7.17		%	7.06		%	7.27		%
Loans 90+ Days Past Due	$	607		$	748		$	698		$	659		$	668		1	%	10	%
As a % of EOP Loans	0.75		%	0.87		%	0.85		%	0.77		%	0.77		%
Loans 30-89 Days Past Due	$	710		$	688		$	632		$	619		$	705		14	%	(1	)%
As a % of EOP Loans	0.87		%	0.80		%	0.77		%	0.72		%	0.82		%

Citi Retail Services Key Indicators (in millions of dollars, except as otherwise noted) (1)
EOP Open Accounts	88.3			87.7			86.8			86.5			86.0			(1	)%	(3	)%
Purchase Sales (in billions)	$	19.7		$	23.2		$	16.9		$	20.6		$	20.0		(3	)%	2	%

Average Loans (in billions) (1)	$	43.6		$	44.9		$	45.3		$	44.5		$	45.6		2	%	5	%

EOP Loans (in billions) (1)	$	43.9		$	47.3		$	44.2		$	45.2		$	45.9		2	%	5	%

Average Yield (2)	17.06		%	16.92		%	17.14		%	17.38		%	17.51		%
Net Interest Revenue (3)	$	1,923		$	1,947		$	1,908		$	1,897		$	1,986		5	%	3	%
As a % of Avg. Loans (3)	17.55		%	17.25		%	17.08		%	17.10		%	17.28		%
Net Credit Losses	$	427		$	483		$	520		$	531		$	540		2	%	26	%
As a % of Average Loans	3.90		%	4.28		%	4.66		%	4.79		%	4.70		%
Net Credit Margin (4)	$	1,182		$	1,096		$	1,067		$	1,037		$	1,108		7	%	(6	)%
As a % of Avg. Loans (4)	10.79		%	9.71		%	9.55		%	9.35		%	9.64		%
Loans 90+ Days Past Due	$	664		$	761		$	735		$	693		$	772		11	%	16	%
As a % of EOP Loans	1.51		%	1.61		%	1.66		%	1.53		%	1.68		%
Loans 30-89 Days Past Due	$	750		$	777		$	730		$	730		$	836		15	%	11	%
As a % of EOP Loans	1.71		%	1.64		%	1.65		%	1.62		%	1.82		%

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

(2) Average yield is calculated as gross interest revenue earned divided by average loans.

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

(4) Net credit margin represents total revenues, net of interest expense, less net credit losses and policy benefits and claims.

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

Page 10

GLOBAL CONSUMER BANKING

LATIN AMERICA - PAGE 1

(In millions of dollars, except as otherwise noted)

																3Q17 Increase/				Nine			Nine			YTD 2017 vs.
	3Q			4Q			1Q			2Q			3Q			(Decrease) from				Months			Months			YTD 2016 Increase/
	2016			2016			2017			2017			2017			2Q17		3Q16		2016			2017			(Decrease)

Net Interest Revenue	$	877		$	840		$	800		$	917		$	985		7	%	12	%	$	2,591		$	2,702		4	%
Non-Interest Revenue	368			372			351			373			385			3	%	5	%	1,119			1,109			(1	)%
Total Revenues, Net of Interest Expense	1,245			1,212			1,151			1,290			1,370			6	%	10	%	3,710			3,811			3	%
Total Operating Expenses	707			688			659			735			768			4	%	9	%	2,150			2,162			1	%
Net Credit Losses	254			248			253			277			295			6	%	16	%	792			825			4	%
Credit Reserve Build / (Release)	32			36			12			50			44			(12	)%	38	%	47			106			NM
Provision for Unfunded Lending Commitments	—			(1		)	—			(1		)	(1		)	—		(100	)%	2			(2		)	NM
Provision for Benefits and Claims	18			23			23			15			19			27	%	6	%	49			57			16	%
Provisions for Credit Losses and for Benefits and Claims (LLR & PBC)	304			306			288			341			357			5	%	17	%	890			986			11	%
Income from Continuing Operations before Taxes	234			218			204			214			245			14	%	5	%	670			663			(1	)%
Income Taxes	74			64			74			78			81			4	%	9	%	191			233			22	%
Income from Continuing Operations	160			154			130			136			164			21	%	3	%	479			430			(10	)%
Noncontrolling Interests	2			1			1			2			1			(50	)%	(50	)%	4			4			—
Net Income	$	158		$	153		$	129		$	134		$	163		22	%	3	%	$	475		$	426		(10	)%
Average Assets (in billions of dollars)	$	49		$	45		$	43		$	46		$	47		2	%	(4	)%	$	50		$	45		(10	)%
Return on Average Assets	1.28		%	1.35		%	1.22		%	1.17		%	1.38		%					1.27		%	1.27		%
Efficiency Ratio	57		%	57		%	57		%	57		%	56		%					58		%	57		%

Net Credit Losses as a % of Average Loans	4.18		%	4.20		%	4.44		%	4.36		%	4.37		%					4.35		%	4.39		%

Revenue by Business
Retail Banking	$	881		$	857		$	836		$	923		$	976		6	%	11	%	$	2,590		$	2,735		6	%
Citi-Branded Cards	364			355			315			367			394			7	%	8	%	1,120			1,076			(4	)%
Total	$	1,245		$	1,212		$	1,151		$	1,290		$	1,370		6	%	10	%	$	3,710		$	3,811		3	%

Net Credit Losses by Business
Retail Banking	$	132		$	138		$	137		$	151		$	143		(5	)%	8	%	$	403		$	431		7	%
Citi-Branded Cards	122			110			116			126			152			21	%	25	%	389			394			1	%
Total	$	254		$	248		$	253		$	277		$	295		6	%	16	%	$	792		$	825		4	%


Income from Continuing Operations by Business
Retail Banking	$	84		$	85		$	86		$	87		$	125		44	%	49	%	$	270		$	298		10	%
Citi-Branded Cards	76			69			44			49			39			(20	)%	(49	)%	209			132			(37	)%
Total	$	160		$	154		$	130		$	136		$	164		21	%	3	%	$	479		$	430		(10	)%

FX Translation Impact:
Total Revenue - as Reported	$	1,245		$	1,212		$	1,151		$	1,290		$	1,370		6	%	10	%	$	3,710		$	3,811		3	%
Impact of FX Translation (1)	71			130			116			43			—							(92		)	—
Total Revenues - Ex-FX (1)	$	1,316		$	1,342		$	1,267		$	1,333		$	1,370		3	%	4	%	$	3,618		$	3,811		5	%

Total Operating Expenses - as Reported	$	707		$	688		$	659		$	735		$	768		4	%	9	%	$	2,150		$	2,162		1	%
Impact of FX Translation (1)	33			62			54			20			—							(43		)	—
Total Operating Expenses - Ex-FX (1)	$	740		$	750		$	713		$	755		$	768		2	%	4	%	$	2,107		$	2,162		3	%

Provisions for LLR & PBC - as Reported	$	304		$	306		$	288		$	341		$	357		5	%	17	%	$	890		$	986		11	%
Impact of FX Translation (1)	18			35			30			12			—							(23		)	—
Provisions for LLR & PBC - Ex-FX (1)	$	322		$	341		$	318		$	353		$	357		1	%	11	%	$	867		$	986		14	%

Net Income - as Reported	$	158		$	153		$	129		$	134		$	163		22	%	3	%	$	475		$	426		(10	)%
Impact of FX Translation (1)	13			22			21			7			—							(20		)	—
Net Income - Ex-FX (1)	$	171		$	175		$	150		$	141		$	163		16	%	(5	)%	$	455		$	426		(6	)%

(1) Reflects the impact of foreign currency (FX) translation into U.S. Dollars at the third quarter of 2017 and year-to-date 2017 average exchange rates for all periods presented.

Citigroup’s results of operations excluding the impact of FX translation are non-GAAP financial measures.

Reclassified to conform to the current period’s presentation.

Page 11

GLOBAL CONSUMER BANKING

LATIN AMERICA - PAGE 2

																3Q17 Increase/ (Decrease) from
	3Q			4Q			1Q			2Q			3Q			3Q17 Increase/ (Decrease) from
	2016			2016			2017			2017			2017			2Q17		3Q16

Retail Banking Key Indicators (in billions of dollars, except as otherwise noted)

Branches (actual)	1,494			1,494			1,499			1,496			1,497			—		—
Accounts (in millions)	27.7			27.6			27.9			28.0			27.6			(1	)%	—
Average Deposits	$	25.7		$	25.2		$	25.3		$	27.8		$	28.8		4	%	12	%
Investment Sales	$	5.9		$	5.9		$	5.5		$	5.7		$	6.8		19	%	15	%
Investment AUMs	$	31.0		$	28.9		$	32.5		$	34.1		$	34.8		2	%	12	%
Average Loans	$	19.1		$	18.5		$	18.3		$	20.2		$	21.2		5	%	11	%
EOP Loans:
Mortgages	$	4.1		$	3.9		$	4.4		$	4.6		$	4.6		—		12	%
Commercial Banking	8.6			8.5			9.2			9.9			10.3			4	%	20	%
Personal and Other	6.0			5.6			6.1			6.5			6.1			(6	)%	2	%
Total EOP Loans	$	18.7		$	18.0		$	19.7		$	21.0		$	21.0		—		12	%

Net Interest Revenue (in millions) (1)	$	612		$	593		$	582		$	664		$	698		5	%	14	%
As a % of Average Loans (1)	12.75		%	12.75		%	12.90		%	13.18		%	13.06		%
Net Credit Losses (in millions)	$	132		$	138		$	137		$	151		$	143		(5	)%	8	%
As a % of Average Loans	2.75		%	2.97		%	3.04		%	3.00		%	2.68		%
Loans 90+ Days Past Due (in millions)	$	160		$	136		$	141		$	150		$	151		1	%	(6	)%
As a % of EOP Loans	0.86		%	0.76		%	0.72		%	0.71		%	0.72		%
Loans 30-89 Days Past Due (in millions)	$	196		$	185		$	246		$	216		$	244		13	%	24	%
As a % of EOP Loans	1.05		%	1.03		%	1.25		%	1.03		%	1.16		%

Citi-Branded Cards Key Indicators (in billions of dollars, except as otherwise noted)
EOP Open Accounts (in millions)	5.8			5.8			5.7			5.7			5.7			—		(2	)%
Purchase Sales (in billions)	$	3.8		$	4.0		$	3.6		$	4.1		$	4.2		2	%	11	%
Average Loans (in billions) (2)	$	5.1		$	5.0		$	4.8		$	5.3		$	5.6		6	%	10	%
EOP Loans (in billions) (2)	$	4.9		$	4.8		$	5.2		$	5.5		$	5.6		2	%	14	%
Average Yield (3)	20.32		%	20.13		%	19.81		%	20.50		%	20.73		%	1	%	2	%

Net Interest Revenue (in millions) (4)	$	265		$	247		$	218		$	253		$	287		13	%	8	%
As a % of Average Loans (4)	20.67		%	19.65		%	18.42		%	19.15		%	20.33		%
Net Credit Losses (in millions)	$	122		$	110		$	116		$	126		$	152		21	%	25	%
As a % of Average Loans	9.52		%	8.75		%	9.80		%	9.54		%	10.77		%
Net Credit Margin (in millions) (5)	$	242		$	245		$	199		$	241		$	242		—		—
As a % of Average Loans (5)	18.88		%	19.49		%	16.81		%	18.24		%	17.14		%
Loans 90+ Days Past Due (in millions)	$	131		$	130		$	137		$	161		$	159		(1	)%	21	%
As a % of EOP Loans	2.67		%	2.71		%	2.63		%	2.93		%	2.84		%
Loans 30-89 Days Past Due (in millions)	$	131		$	125		$	145		$	151		$	163		8	%	24	%
As a % of EOP Loans	2.67		%	2.60		%	2.79		%	2.75		%	2.91		%

(1) Also includes net interest revenue related to the region’s deposit balances in excess of the average loan portfolio.

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

(3) Average yield is gross interest revenue earned divided by average loans.

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

(5) Net credit margin is total revenues, net of interest expense, less net credit losses and policy benefits and claims.

Reclassified to conform to the current period’s presentation.

Page 12

GLOBAL CONSUMER BANKING

ASIA (1) - PAGE 1

(In millions of dollars, except as otherwise noted)

																3Q17 Increase/				Nine			Nine			YTD 2017 vs.
	3Q			4Q			1Q			2Q			3Q			(Decrease) from				Months			Months			YTD 2016 Increase/
	2016			2016			2017			2017			2017			2Q17		3Q16		2016			2017			(Decrease)

Net Interest Revenue	$	1,136		$	1,110		$	1,105		$	1,149		$	1,200		4	%	6	%	$	3,353		$	3,454		3	%
Non-Interest Revenue	622			586			617			652			669			3	%	8	%	1,789			1,938			8	%
Total Revenues, Net of Interest Expense	1,758			1,696			1,722			1,801			1,869			4	%	6	%	5,142			5,392			5	%
Total Operating Expenses	1,127			1,131			1,180			1,185			1,182			—		5	%	3,456			3,547			3	%
Net Credit Losses	168			163			160			157			170			8	%	1	%	488			487			—
Credit Reserve Build / (Release)	(4		)	11			13			(26		)	(21		)	19	%	NM		(39		)	(34		)	13	%
Provision for Unfunded Lending Commitments	(3		)	(1		)	(1		)	(2		)	(1		)	50	%	67	%	(3		)	(4		)	(33	)%
Provision for Benefits and Claims	—			—			—			—			—			—		—		—			—			—
Provisions for Credit Losses and for Benefits and Claims (LLR & PBC)	161			173			172			129			148			15	%	(8	)%	446			449			1	%
Income from Continuing Operations before Taxes	470			392			370			487			539			11	%	15	%	1,240			1,396			13	%
Income Taxes	160			131			124			164			184			12	%	15	%	418			472			13	%
Income from Continuing Operations	310			261			246			323			355			10	%	15	%	822			924			12	%
Noncontrolling Interests	1			1			—			2			1			(50	)%	—		3			3			—
Net Income	$	309		$	260		$	246		$	321		$	354		10	%	15	%	$	819		$	921		12	%
Average Assets (in billions)	$	121		$	120		$	123		$	125		$	125		—		3	%	$	119		$	124		4	%
Return on Average Assets	1.02		%	0.86		%	0.81		%	1.03		%	1.12		%					0.92		%	0.99		%
Efficiency Ratio	64		%	67		%	69		%	66		%	63		%					67		%	66		%

Net Credit Losses as a % of Average Loans	0.78		%	0.79		%	0.78		%	0.74		%	0.78		%					0.77		%	0.77		%

Revenue by Business
Retail Banking	$	1,093		$	1,037		$	1,063		$	1,085		$	1,154		6	%	6	%	$	3,210		$	3,302		3	%
Citi-Branded Cards	665			659			659			716			715			—		8	%	1,932			2,090			8	%
Total	$	1,758		$	1,696		$	1,722		$	1,801		$	1,869		4	%	6	%	$	5,142		$	5,392		5	%

Net Credit Losses by Business
Retail Banking	$	73		$	65		$	62		$	54		$	69		28	%	(5	)%	$	196		$	185		(6	)%
Citi-Branded Cards	95			98			98			103			101			(2	)%	6	%	292			302			3	%
Total	$	168		$	163		$	160		$	157		$	170		8	%	1	%	$	488		$	487		—


Income from Continuing Operations by Business
Retail Banking	$	190		$	165		$	170		$	193		$	246		27	%	29	%	$	513		$	609		19	%
Citi-Branded Cards	120			96			76			130			109			(16	)%	(9	)%	309			315			2	%
Total	$	310		$	261		$	246		$	323		$	355		10	%	15	%	$	822		$	924		12	%

FX Translation Impact:
Total Revenue - as Reported	$	1,758		$	1,696		$	1,722		$	1,801		$	1,869		4	%	6	%	$	5,142		$	5,392		5	%
Impact of FX Translation (2)	18			50			30			17			—							53			—
Total Revenues - Ex-FX (2)	$	1,776		$	1,746		$	1,752		$	1,818		$	1,869		3	%	5	%	$	5,195		$	5,392		4	%

Total Operating Expenses - as Reported	$	1,127		$	1,131		$	1,180		$	1,185		$	1,182		—		5	%	$	3,456		$	3,547		3	%
Impact of FX Translation (2)	10			35			21			10			—							33			—
Total Operating Expenses - Ex-FX (2)	$	1,137		$	1,166		$	1,201		$	1,195		$	1,182		(1	)%	4	%	$	3,489		$	3,547		2	%

Provisions for LLR & PBC - as Reported	$	161		$	173		$	172		$	129		$	148		15	%	(8	)%	$	446		$	449		1	%
Impact of FX Translation (2)	2			6			4			3			—							3			—
Provisions for LLR & PBC - Ex-FX (2)	$	163		$	179		$	176		$	132		$	148		12	%	(9	)%	$	449		$	449		—

Net Income - as Reported	$	309		$	260		$	246		$	321		$	354		10	%	15	%	$	819		$	921		12	%
Impact of FX Translation (2)	4			5			3			3			—							10			—
Net Income - Ex-FX (2)	$	313		$	265		$	249		$	324		$	354		9	%	13	%	$	829		$	921		11	%

(1) Asia GCB includes the results of operations of GCB activities in certain EMEA countries for all periods presented.

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

Page 13

GLOBAL CONSUMER BANKING

ASIA (1) - PAGE 2

																3Q17 Increase/
	3Q			4Q			1Q			2Q			3Q			(Decrease) from
	2016			2016			2017			2017			2017			2Q17		3Q16
Retail Banking Key Indicators (in billions of dollars, except as otherwise noted)
Branches (actual)	427			401			397			379			282			(26	)%	(34	)%
Accounts (in millions)	16.8			16.5			16.4			16.3			16.2			(1	)%	(4	)%
Average Deposits	$	91.6		$	89.9		$	92.7		$	94.3		$	95.2		1	%	4	%
Investment Sales	$	8.6		$	7.3		$	9.2		$	9.6		$	11.8		23	%	37	%
Investment AUMs	$	56.8		$	55.8		$	59.1		$	62.0		$	64.8		5	%	14	%
Average Loans	$	67.9		$	64.6		$	65.1		$	66.5		$	67.4		1	%	(1	)%
EOP Loans:
Mortgages	$	33.3		$	31.3		$	32.5		$	32.5		$	32.6		—		(2	)%
Commercial Banking	15.8			14.5			15.5			15.7			15.8			1	%	—
Personal and Other	19.0			17.2			18.2			18.6			19.1			3	%	1	%
Total EOP Loans	$	68.1		$	63.0		$	66.2		$	66.8		$	67.5		1	%	(1	)%

Net Interest Revenue (in millions) (2)	$	669		$	644		$	636		$	662		$	688		4	%	3	%
As a % of Average Loans (2)	3.92		%	3.97		%	3.96		%	3.99		%	4.05		%
Net Credit Losses (in millions)	$	73		$	65		$	62		$	54		$	69		28	%	(5	)%
As a % of Average Loans	0.43		%	0.40		%	0.39		%	0.33		%	0.41		%
Loans 90+ Days Past Due (in millions)	$	163		$	157		$	165		$	172		$	171		(1	)%	5	%
As a % of EOP Loans	0.24		%	0.25		%	0.25		%	0.26		%	0.25		%
Loans 30-89 Days Past Due (in millions)	$	328		$	327		$	342		$	340		$	291		(14	)%	(11	)%
As a % of EOP Loans	0.48		%	0.52		%	0.52		%	0.51		%	0.43		%

Citi-Branded Cards Key Indicators (in billions of dollars, except as otherwise noted)
EOP Open Accounts (in millions)	16.4			16.3			16.7			16.7			16.6			(1	)%	1	%
Purchase Sales (in billions)	$	18.7		$	19.4		$	19.2		$	20.1		$	20.3		1	%	9	%
Average Loans (in billions) (3)	$	17.6		$	17.3		$	18.1		$	18.4		$	18.8		2	%	7	%
EOP Loans (in billions) (3)	$	17.7		$	17.5		$	18.3		$	18.8		$	18.8		—		6	%
Average Yield (4)	12.82		%	12.92		%	12.87		%	12.84		%	12.71		%	(1	)%	(1	)%

Net Interest Revenue (in millions) (5)	$	467		$	466		$	468		$	487		$	513		5	%	10	%
As a % of Average Loans (6)	10.56		%	10.72		%	10.49		%	10.62		%	10.83		%
Net Credit Losses (in millions)	$	95		$	98		$	98		$	103		$	101		(2	)%	6	%
As a % of Average Loans	2.15		%	2.25		%	2.20		%	2.25		%	2.13		%
Net Credit Margin (in millions) (6)	$	570		$	561		$	561		$	613		$	614		—		8	%
As a % of Average Loans (6)	12.88		%	12.90		%	12.57		%	13.36		%	12.96		%
Loans 90+ Days Past Due	$	185		$	180		$	183		$	193		$	191		(1	)%	3	%
As a % of EOP Loans	1.05		%	1.03		%	1.00		%	1.03		%	1.02		%
Loans 30-89 Days Past Due	$	240		$	224		$	232		$	251		$	254		1	%	6	%
As a % of EOP Loans	1.36		%	1.28		%	1.27		%	1.34		%	1.35		%

(1) Asia GCB includes the results of operations of GCB activities in certain EMEA countries for all periods presented.

(2) Also includes net interest revenue related to the region’s deposit balances in excess of the average loan portfolio.

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

(4) Average yield is gross interest revenue earned divided by average loans.

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

(6) Net credit margin is total revenues, net of interest expense, less net credit losses and policy benefits and claims.

Reclassified to conform to the current period’s presentation.

Page 14

INSTITUTIONAL CLIENTS GROUP

(In millions of dollars, except as otherwise noted)

																3Q17 Increase/				Nine			Nine			YTD 2017 vs.
	3Q			4Q			1Q			2Q			3Q			(Decrease) from				Months			Months			YTD 2016 Increase/
	2016			2016			2017			2017			2017			2Q17		3Q16		2016			2017			(Decrease)

Commissions and Fees	$	929		$	969		$	985		$	1,020		$	1,036		2	%	12	%	2,889			3,041			5	%
Administration and Other Fiduciary Fees	610			592			644			719			710			(1	)%	16	%	1,845			2,073			12	%
Investment Banking	917			969			1,044			1,180			1,099			(7	)%	20	%	2,686			3,323			24	%
Principal Transactions	2,064			1,783			2,668			2,079			1,757			(15	)%	(15	)%	5,552			6,504			17	%
Other	(125		)	(66		)	(5		)	240			704			NM		NM		(86		)	939			NM
Total Non-Interest Revenue	4,395			4,247			5,336			5,238			5,306			1	%	21	%	12,886			15,880			23	%
Net Interest Revenue (including Dividends)	4,064			3,937			3,790			3,975			3,925			(1	)%	(3	)%	12,157			11,690			(4	)%
Total Revenues, Net of Interest Expense	8,459			8,184			9,126			9,213			9,231			—		9	%	25,043			27,570			10	%
Total Operating Expenses	4,687			4,634			4,945			5,019			4,939			(2	)%	5	%	14,322			14,903			4	%
Net Credit Losses	45			119			25			71			44			(38	)%	(2	)%	397			140			(65	)%
Credit Reserve Build / (Release)	(93		)	(53		)	(176		)	(15		)	(38		)	NM		59	%	(11		)	(229		)	NM
Provision for Unfunded Lending Commitments	(42		)	38			(54		)	31			(170		)	NM		NM		(4		)	(193		)	NM
Provision for Benefits and Claims	—			—			—			—			—			—		—		—			—			—
Provisions for Credit Losses and for Benefits and Claims	(90		)	104			(205		)	87			(164		)	NM		(82	)%	382			(282		)	NM
Income from Continuing Operations before Taxes	3,862			3,446			4,386			4,107			4,456			8	%	15	%	10,339			12,949			25	%
Income Taxes	1,202			1,065			1,375			1,327			1,394			5	%	16	%	3,195			4,096			28	%
Income from Continuing Operations	2,660			2,381			3,011			2,780			3,062			10	%	15	%	7,144			8,853			24	%
Noncontrolling Interests	19			12			15			18			14			(22	)%	(26	)%	46			47			2	%
Net Income	$	2,641		$	2,369		$	2,996		$	2,762		$	3,048		10	%	15	%	$	7,098		$	8,806		24	%
EOP Assets (in billions)	$	1,303		$	1,277		$	1,314		$	1,353		$	1,370		1	%	5	%
Average Assets (in billions)	$	1,310		$	1,310		$	1,318		$	1,360		$	1,369		1	%	5	%	$	1,294		$	1,349		4	%
Return on Average Assets (ROA)	0.80		%	0.72		%	0.92		%	0.81		%	0.88		%					0.73		%	0.87		%
Efficiency Ratio	55		%	57		%	54		%	54		%	54		%					57		%	54		%

Revenue by Region
North America	$	3,191		$	2,949		$	3,455		$	3,568		$	3,638		2	%	14	%	$	9,564		$	10,661		11	%
EMEA	2,506			2,605			2,807			2,837			2,655			(6	)%	6	%	7,250			8,299			14	%
Latin America	999			994			1,127			1,042			1,059			2	%	6	%	2,983			3,228			8	%
Asia	1,763			1,636			1,737			1,766			1,879			6	%	7	%	5,246			5,382			3	%
Total Revenues, net of Interest Expense	$	8,459		$	8,184		$	9,126		$	9,213		$	9,231		—		9	%	$	25,043		$	27,570		10	%

Income from Continuing Operations by Region
North America	$	1,067		$	877		$	1,100		$	1,112		$	1,322		19	%	24	%	$	2,618		$	3,534		35	%
EMEA	649			647			855			779			746			(4	)%	15	%	1,718			2,380			39	%
Latin America	389			343			475			333			380			14	%	(2	)%	1,111			1,188			7	%
Asia	555			514			581			556			614			10	%	11	%	1,697			1,751			3	%
Income from Continuing Operations	$	2,660		$	2,381		$	3,011		$	2,780		$	3,062		10	%	15	%	$	7,144		$	8,853		24	%

Average Loans by Region (in billions)
North America	$	145		149			$	146		$	150		$	152		1	%	5	%	$	142		$	149		5	%
EMEA	68			66			65			67			71			6	%	4	%	66			68			3	%
Latin America	36			34			34			35			34			(3	)%	(6	)%	36			34			(6	)%
Asia	58			55			57			61			64			5	%	10	%	58			61			5	%
Total	$	307		$	304		$	302		$	313		$	321		3	%	5	%	$	302		$	312		3	%

EOP Deposits by Region (in billions)
North America	$	276		$	282		$	287		$	280		$	290		4	%	5	%
EMEA	170			164			161			170			172			1	%	1	%
Latin America	26			26			28			27			26			(4	)%	(1	)%
Asia	147			140			144			147			152			3	%	4	%
Total	$	619		$	612		$	620		$	624		$	640		3	%	3	%

EOP Deposits by Business (in billions)
Treasury and Trade Solutions	$	417		$	412		$	417		$	421		$	428		2	%	3	%
All Other ICG Businesses	202			200			203			203			211			4	%	4	%
Total	$	619		$	612		$	620		$	624		$	639		2	%	3	%

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

Page 15

INSTITUTIONAL CLIENTS GROUP

REVENUES BY BUSINESS

(In millions of dollars, except as otherwise noted)

																3Q17 Increase/				Nine			Nine			YTD 2017 vs.
	3Q			4Q			1Q			2Q			3Q			(Decrease) from				Months			Months			YTD 2016 Increase/
	2016			2016			2017			2017			2017			2Q17		3Q16		2016			2017			(Decrease)


Revenue Details:
Investment Banking:
Advisory	$	239		$	296		$	246		$	314		$	237		(25	)%	(1	)%	$	704		$	797		13	%
Equity Underwriting	146			190			235			295			290			(2	)%	99	%	438			820			87	%
Debt Underwriting	698			645			733			877			704			(20	)%	1	%	2,029			2,314			14	%
Total Investment Banking	1,083			1,131			1,214			1,486			1,231			(17	)%	14	%	3,171			3,931			24	%

Treasury and Trade Solutions	1,986			2,009			2,075			2,065			2,144			4	%	8	%	5,888			6,284			7	%
Corporate Lending - Excluding Gain/(Loss) on Loan Hedges	439			448			434			477			502			5	%	14	%	1,270			1,413			11	%
Private Bank	680			671			744			788			785			—		15	%	2,038			2,317			14	%
Total Banking Revenues (Ex-Gain/(Loss) on Loan Hedges) (1)	$	4,188		$	4,259		$	4,467		$	4,816		$	4,662		(3	)%	11	%	$	12,367		$	13,945		13	%


Corporate Lending — Gain/(Loss) on Loan Hedges (1)	(218		)	(107		)	(115		)	9			(48		)	NM		78	%	(487		)	(154		)	68	%
Total Banking Revenues including G(L) on Loan Hedges (1)	$	3,970		$	4,152		$	4,352		$	4,825		$	4,614		(4	)%	16	%	$	11,880		$	13,791		16	%

Fixed Income Markets	$	3,413		$	2,957		$	3,622		$	3,215		$	2,877		(11	)%	(16	)%	$	9,896		$	9,714		(2	)%
Equity Markets	654			685			769			691			757			10	%	16	%	2,127			2,217			4	%
Securities Services	533			529			543			584			599			3	%	12	%	1,623			1,726			6	%
Other (2)	(111		)	(139		)	(160		)	(102		)	384			NM		NM		(483		)	122			NM
Total Markets and Securities Services	$	4,489		$	4,032		$	4,774		$	4,388		$	4,617		5	%	3	%	$	13,163		$	13,779		5	%


Total Revenues, net of Interest Expense	$	8,459		$	8,184		$	9,126		$	9,213		$	9,231		—		9	%	$	25,043		$	27,570		10	%


Taxable-equivalent adjustments (3)	$	162		$	169		$	189		$	177		$	176		(1	)%	9	%	$	472		$	542		15	%


Total ICG Revenues including taxable-equivalent adjustments (3)	$	8,621		$	8,353		$	9,315		$	9,390		$	9,407		—		9	%	$	25,515		$	28,112		10	%


Commissions and Fees	$	115		$	122		$	140		$	154		$	167		8	%	45	%	352			461			31	%
Principal Transactions (4)	1,825			1,604			2,318			1,890			1,546			(18	)%	(15	)%	4,934			5,754			17	%
Other	171			(9		)	149			181			129			(29	)%	(25	)%	600			459			(24	)%
Total Non-Interest Revenue	$	2,111		$	1,717		$	2,607		$	2,225		$	1,842		(17	)%	(13	)%	$	5,886		$	6,674		13	%
Net Interest Revenue	1,302			1,240			1,015			990			1,035			5	%	(21	)%	4,010			3,040			(24	)%
Total Fixed Income Markets	$	3,413		$	2,957		$	3,622		$	3,215		$	2,877		(11	)%	(16	)%	$	9,896		$	9,714		(2	)%

Rates and Currencies	$	2,362		$	2,230		$	2,503		$	2,227		$	2,161		(3	)%	(9	)%	$	7,059		$	6,891		(2	)%
Spread Products / Other Fixed Income	1,051			727			1,119			988			716			(28	)%	(32	)%	2,837			2,823			—
Total Fixed Income Markets	$	3,413		$	2,957		$	3,622		$	3,215		$	2,877		(11	)%	(16	)%	$	9,896		$	9,714		(2	)%

Commissions and Fees	$	302		$	322		$	316		$	313		$	301		(4	)%	—		978			930			(5	)%
Principal Transactions (4)	45			86			166			(25		)	190			NM		NM		48			331			NM
Other	4			6			8			(7		)	(5		)	29	%	NM		133			(4		)	NM
Total Non-Interest Revenue	$	351		$	414		$	490		$	281		$	486		73	%	38	%	$	1,159		$	1,257		8	%
Net Interest Revenue	303			271			279			410			271			(34	)%	(11	)%	968			960			(1	)%
Total Equity Markets	$	654		$	685		$	769		$	691		$	757		10	%	16	%	$	2,127		$	2,217		4	%

(1) 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 core lending revenues. Citigroup’s results of operations excluding the impact of gain/(loss) on loan hedges are non-GAAP financial measures.

(2) The third quarter of 2017, includes a $583 million ($354 million after-tax) gain related to the sale of Citi’s fixed income analytics business.

(3) Primarily relates to income tax credits related to affordable housing and alternative energy investments as well as tax exempt income from municipal bond investments.

(4) Excludes principal transactions revenues of ICG businesses other than Markets, primarily treasury and trade solutions and the private bank.

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

Page 16

CORPORATE / OTHER (1)

(In millions of dollars, except as otherwise noted)

																3Q17 Increase/				Nine			Nine
	3Q			4Q			1Q			2Q			3Q			(Decrease) from				Months			Months
	2016			2016			2017			2017			2017			2Q17		3Q16		2016			2017

Net Interest Revenue	$	706		$	569		$	545		$	491		$	507		3	%	(28	)%	$	2,416		$	1,543
Non-interest revenue	431			292			632			162			2			(99	)%	(100	)%	1,852			796
Total Revenues, Net of Interest Expense	1,137			861			1,177			653			509			(22	)%	(55	)%	4,268			2,339
Total Operating Expenses	1,288			1,130			1,117			990			822			(17	)%	(36	)%	3,847			2,929
Net Credit Losses	131			61			81			24			29			21	%	(78	)%	374			134
Credit Reserve Build / (Release)	(122		)	(80		)	(35		)	(154		)	(79		)	49	%	35	%	(376		)	(268		)
Provision for Benefits and Claims	9			—			1			—			—			—		(100	)%	98			1
Provision for Unfunded Lending Commitments	—			(2		)	5			(2		)	—			100	%	—		(6		)	3
Total provisions for credit losses and for benefits and claims (2)	18			(21		)	52			(132		)	(50		)	62	%	NM		90			(130		)
Income from Continuing Operations before Taxes	(169		)	(248		)	8			(205		)	(263		)	(28	)%	(56	)%	331			(460		)
Income Taxes (Benefits)	(146		)	(233		)	(96		)	(179		)	(164		)	8	%	(12	)%	(238		)	(439		)
Income (Loss) from Continuing Operations	(23		)	(15		)	104			(26		)	(99		)	NM		NM		569			(21		)
Income (Loss) from Discontinued Operations, net of taxes	(30		)	(3		)	(18		)	21			(5		)	NM		83	%	(55		)	(2		)
Noncontrolling Interests	(5		)	2			(6		)	10			(17		)	NM		NM		(4		)	(13		)
Net Income (Loss)	$	(48	)	$	(20	)	$	92		$	(15	)	$	(87	)	NM		(81	)%	$	518		$	(10	)
EOP Assets (in billions of dollars)	$	104		$	103		$	95		$	92		$	100		9	%	(4	)%
Average Assets (in billions of dollars)	$	111		$	100		$	102		$	95		$	102		7	%	(8	)%	$	120		$	100
Return on Average Assets	(0.17		)%	(0.08		)%	0.37		%	(0.06		)%	(0.34		)%					0.58		%	(0.01		)%
Efficiency Ratio	113		%	131		%	95		%	152		%	161		%					90		%	125		%

Corporate/Other Consumer Key Indicators:

Consumer - International (2)

Branches (actual)	224			61			50			49			49			—		(78	)%
Average Loans (in billions)	$	5.4		$	2.4		$	2.1		$	1.9		$	1.9		—		(65	)%	6.1			2.0
EOP Loans (in billions)	$	5.5		$	2.4		$	2.1		$	1.8		$	1.7		(6	)%	(69	)%
Net Interest Revenue	$	246		$	94		$	76		$	80		$	63		(21	)%	(74	)%
As a % of Average Loans	18.12		%	15.58		%	14.68		%	16.89		%	13.16		%
Net Credit Losses	$	82		$	32		$	26		$	24		$	25		4	%	(70	)%	237			75
As a % of Average Loans	6.04		%	5.30		%	5.02		%	5.07		%	5.22		%					3.89		%	3.75		%
Loans 90+ Days Past Due	$	164		$	94		$	77		$	63		$	57		(10	)%	(65	)%
As a % of EOP Loans	2.98		%	3.92		%	3.67		%	3.50		%	3.35		%
Loans 30-89 Days Past Due	$	135		$	49		$	60		$	44		$	47		7	%	(65	)%
As a % of EOP Loans	2.45		%	2.04		%	2.86		%	2.44		%	2.76		%

Consumer - North America

Branches (actual)	259			251			27			—			—			—		(100	)%
Average Loans (in billions of dollars)	$	35.4		$	32.0		$	29.6		$	25.9		$	23.9		(8	)%	(32	)%	37.3			26.5
EOP Loans (in billions of dollars)	$	33.4		$	30.8		$	27.2		$	24.9		$	23.0		(8	)%	(31	)%
Net Interest Revenue	$	231		$	198		$	204		$	110		$	168		53	%	(27	)%
As a % of Average Loans	2.60		%	2.46		%	2.80		%	1.70		%	2.79		%
Net Credit Losses	$	52		$	28		$	43		$	(6	)	$	27		NM		(48	)%	141			64
As a % of Average Loans	0.58		%	0.35		%	0.59		%	(0.09		)%	0.45		%					0.38		%	0.24		%
Loans 90+ Days Past Due (3)	$	693		$	740		$	607		$	538		$	548		2	%	(21	)%
As a % of EOP Loans	2.17		%	2.52		%	2.35		%	2.28		%	2.51		%
Loans 30-89 Days Past Due (3)	$	714		$	686		$	555		$	510		$	596		17	%	(17	)%
As a % of EOP Loans	2.24		%	2.33		%	2.15		%	2.16		%	2.73		%

(1) Includes certain costs of global staff functions, other corporate expenses and certain global operations and technology expenses, Corporate Treasury, certain North America and International consumer loan portfolios, Discontinued operations and other legacy assets.

(2) As a result of Citigroup’s entry into agreements in October 2016 to sell its Brazil and Argentina consumer banking businesses, these businesses were classified as HFS at the end of the fourth quarter of 2016. As a result of HFS accounting treatment, approximately $35 million, $44 million, $34 million and $38 million of cost of credit was recorded as a reduction in revenue (Other revenue) during the fourth quarter of 2016 and first, second and third quarters of 2017, respectively. Additionally, the HFS treatment resulted in the reclassification of loans of these businesses to Other assets, where applicable.

(3) See footnote 2 on page 18.

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

Page 17

CORPORATE / OTHER

CONSUMER KEY INDICATORS - Continued

(In millions of dollars, except as otherwise noted)

																3Q17 Increase/
	3Q			4Q			1Q			2Q			3Q			(Decrease) from
	2016			2016			2017			2017			2017			2Q17		3Q16

North America Mortgages

Residential First	$	15.5		$	13.9		$	12.3		$	11.4		$	10.2		(11	)%	(34	)%
Home Equity	16.7			15.6			14.7			12.9			11.9			(8	)%	(29	)%
Average Loans (in billions of dollars)	$	32.2		$	29.5		$	27.0		$	24.3		$	22.1		(9	)%	(31	)%

Residential First	$	14.8		$	13.4		$	12.3		$	11.0		$	10.1		(8	)%	(32	)%
Home Equity	16.1			15.0			13.4			12.4			11.5			(7	)%	(29	)%
EOP Loans (in billions of dollars)	$	30.9		$	28.4		$	25.7		$	23.4		$	21.6		(8	)%	(30	)%

Third Party Mortgage Serv. Portfolio (EOP, in billions)	$	18.6		$	18.0		$	15.9		$	14.9		$	12.6		(15	)%	(32	)%
Net Servicing & Gain/(Loss) on Sale (1)	$	17.0		$	17.9		$	(265.4	)	$	29.5		$	20.8		(29	)%	22	%
Net Interest Revenue	$	150		$	114		$	103		$	60		$	77		28	%	(49	)%
As a % of Avg. Loans	1.85		%	1.54		%	1.55		%	0.99		%	1.38		%

Residential First	$	7		$	(23	)	$	7		$	(26	)	$	1		NM		(86	)%
Home Equity	23			25			10			14			23			64	%	—
Net Credit Losses (NCLs)	$	30		$	2		$	17		$	(12	)	$	24		NM		(20	)%
As a % of Avg. Loans	0.37		%	0.03		%	0.26		%	(0.20		)%	0.43		%

Residential First	$	245		$	290		$	212		$	175		$	194		11	%	(21	)%
Home Equity	418			420			385			356			346			(3	)%	(17	)%
Loans 90+ Days Past Due (2) (3)	$	663		$	710		$	597		$	531		$	540		2	%	(19	)%
As a % of EOP Loans	2.26		%	2.63		%	2.46		%	2.40		%	2.65		%

Residential First	$	426		$	395		$	314		$	290		$	365		26	%	(14	)%
Home Equity	244			234			214			197			209			6	%	(14	)%
Loans 30-89 Days Past Due (2) (3)	$	670		$	629		$	528		$	487		$	574		18	%	(14	)%
As a % of EOP Loans	2.28		%	2.33		%	2.17		%	2.20		%	2.81		%

(1) The first quarter of 2017 includes the loss related to Citi’s announced exit of its U.S. mortgage servicing operations.

The amounts excluded for Loans 90+ Days Past Due and (EOP Loans) for each period were $1.0 billion and ($1.5 billion), $0.9 billion and ($1.4 billion), $0.8 billion and ($1.4 billion), $0.7 billion and ($1.3 billion), and $0.7 billion and ($1.2 billion), as of September 30, 2016, December 31, 2016, March 31, 2017, June 30, 2017 and September 30, 2017, respectively.

The amounts excluded for Loans 30-89 Days Past Due and (EOP Loans) for each period were $0.1 billion and ($1.5 billion), $0.2 billion and ($1.4 billion), and $0.1 billion and ($1.4 billion), $0.2 billion and ($1.3 billion), and $0.1 billion and ($1.2 billion), as of September 30, 2016, December 31, 2016, March 31, 2017, June 30, 2017 and September 30, 2017, respectively.

(3) The September 30, 2016, December 31, 2016, March 31, 2017, June 30, 2017 and September 30, 2017 Loans 90+ Days Past Due and 30-89 Days Past Due and related ratios exclude $9 million, $7 million, $7 million, $6 million and $6 million, respectively, of loans that are carried at fair value.

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

Page 18

AVERAGE BALANCES AND INTEREST RATES (1)(2)(3)(4)(5)
Taxable Equivalent Basis

	Average Volumes						Interest						% Average Rate (4)
	Third		Second		Third		Third		Second		Third		Third		Second		Third
	Quarter		Quarter		Quarter		Quarter		Quarter		Quarter		Quarter		Quarter		Quarter
*In millions of dollars, except as otherwise noted*	2016		2017		2017		2016		2017		2017		2016		2017		2017
Assets:
Deposits with Banks	$	131,571	$	166,023	$	176,942	$	247	$	375	$	486	0.75	%	0.91	%	1.09	%
Fed Funds Sold and Resale Agreements (6)	234,996		249,263		245,451		636		828		858		1.08	%	1.33	%	1.39	%
Trading Account Assets (7)	209,864		203,661		204,607		1,471		1,523		1,473		2.79	%	3.00	%	2.86	%
Investments	354,789		349,245		352,026		1,946		2,113		2,154		2.18	%	2.43	%	2.43	%
Total Loans (net of Unearned Income) (8)	635,771		634,328		646,321		10,246		10,224		10,681		6.41	%	6.46	%	6.56	%
Other Interest-Earning Assets	44,010		60,107		61,677		221		260		292		2.00	%	1.74	%	1.88	%
Total Average Interest-Earning Assets	$	1,611,001	$	1,662,627	$	1,687,024	$	14,767	$	15,323	$	15,944	3.65	%	3.70	%	3.75	%

Liabilities:
Deposits (excluding deposit insurance and FDIC Assessment)	$	731,231	$	751,565	$	757,238	$	1,107	$	1,274	$	1,474	0.60	%	0.68	%	0.77	%
Deposit Insurance and FDIC Assessment	—		—		—		336		329		301
Total Deposits	731,231		751,565		757,238		1,443		1,603		1,775		0.79	%	0.86	%	0.93	%
Fed Funds Purchased and Repurchase Agreements (6)	157,984		160,977		158,064		459		676		712		1.16	%	1.68	%	1.79	%
Trading Account Liabilities (7)	76,237		91,018		89,809		102		146		169		0.53	%	0.64	%	0.75	%
Short-Term Borrowings	81,304		91,556		98,139		90		202		318		0.44	%	0.88	%	1.29	%
Long-Term Debt (9)	181,933		192,144		203,064		1,080		1,409		1,405		2.36	%	2.94	%	2.75	%
Total Average Interest-Bearing Liabilities	$	1,228,689	$	1,287,260	$	1,306,314	$	3,174	$	4,036	$	4,379	1.03	%	1.26	%	1.33	%
Total Average Interest-Bearing Liabilities (excluding deposit insurance and FDIC Assessment)	$	1,228,689	$	1,287,260	$	1,306,314	$	2,838	$	3,707	$	4,078	0.92	%	1.16	%	1.24	%


Net Interest Revenue as a % of Average Interest-Earning Assets (NIM)							$	11,593	$	11,287	$	11,565	2.86	%	2.72	%	2.72	%

NIR as a % of Average Interest-Earning Assets (NIM) (excluding deposit insurance and FDIC Assessment)							$	11,929	$	11,616	$	11,866	2.95	%	2.80	%	2.79	%

3Q17 Increase (Decrease) From													(14	)bps	—	bps

3Q17 Increase (Decrease) (excluding deposit insurance and FDIC Assessment) From													(16	)bps	(1	)bps

(1) Interest Revenue includes the taxable equivalent adjustments (based on the U.S. federal statutory tax rate of 35%) of $114 million for the third quarter of 2016, $122 million for the second quarter of 2017 and $123 million for the third quarter of 2017.

(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 % is calculated as annualized interest over average volumes.

(5) 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 ICG is reported as a reduction of interest revenue. Interest revenue 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 recorded in Principal Transactions.

Reclassified to conform to the current period’s presentation.

Page 19

DEPOSITS
(In billions of dollars)

											3Q17 Increase/
	3Q		4Q		1Q		2Q		3Q		(Decrease) from
	2016		2016		2017		2017		2017		2Q17		3Q16

Global Consumer Banking
North America	$	185.6	$	185.0	$	188.4	$	185.2	$	185.1	—		—
Latin America	25.8		24.9		27.6		28.7		28.3		(1	)%	10	%
Asia (1)	93.6		89.9		95.4		95.4		96.6		1	%	3	%
Total	$	305.0	$	299.8	$	311.4	$	309.3	$	310.0	—		2	%

ICG
North America	$	276.1	$	282.6	$	287.0	$	280.0	$	290.2	4	%	5	%
EMEA	170.0		163.5		160.6		169.8		171.7		1	%	1	%
Latin America	26.1		25.7		27.5		26.9		25.8		(4	)%	(1	)%
Asia	146.6		140.0		144.4		146.9		151.9		3	%	4	%
Total	$	618.8	$	611.8	$	619.5	$	623.6	$	639.6	3	%	3	%

Corporate/Other	$	16.5	$	17.8	$	19.1	$	25.8	$	14.4	(44	)%	(13	)%

Total Deposits - EOP	$	940.3	$	929.4	$	950.0	$	958.7	$	964.0	1	%	3	%

Total Deposits - Average	$	944.2	$	935.1	$	940.9	$	960.0	$	965.9	1	%	2	%

Foreign Currency (FX) Translation Impact:
Total EOP Deposits - as Reported	$	940.3	$	929.4	$	950.0	$	958.7	$	964.0	1	%	3	%
Impact of FX Translation (2)	4.8		21.9		10.7		4.1		—
Total EOP Deposits - Ex-FX (2)	$	945.1	$	951.3	$	960.7	$	962.8	$	964.0	—		2	%

(1) Asia GCB includes deposits of certain EMEA countries for all periods presented.

(2) Reflects the impact of FX translation into U.S. Dollars at the third quarter of 2017 exchange rates for all periods presented.

Citigroup’s results of operations excluding the impact of FX translation are non-GAAP financial measures.

Reclassified to conform to the current period’s presentation.

Page 20

EOP LOANS

(In billions of dollars)

											3Q17 Increase/
	3Q		4Q		1Q		2Q		3Q		(Decrease) from
	2016		2016		2017		2017		2017		2Q17		3Q16

Global Consumer Banking

North America
Credit Cards	$	125.2	$	133.3	$	126.4	$	130.8	$	132.2	1	%	6	%
Retail Banking	54.8		55.3		55.5		55.6		55.7		—		2	%
Total	$	180.0	$	188.6	$	181.9	$	186.4	$	187.9	1	%	4	%

Latin America
Credit Cards	$	4.9	$	4.8	$	5.2	$	5.5	$	5.6	2	%	14	%
Retail Banking	18.7		18.0		19.7		21.0		21.0		—		12	%
Total	$	23.6	$	22.8	$	24.9	$	26.5	$	26.6	—		13	%

Asia (1)
Credit Cards	$	17.7	$	17.5	$	18.3	$	18.8	$	18.8	—		6	%
Retail Banking	68.1		63.0		66.2		66.8		67.5		1	%	(1	)%
Total	$	85.8	$	80.5	$	84.5	$	85.6	$	86.3	1	%	1	%

Total GCB Consumer Loans
Credit Cards	$	147.8	$	155.6	$	149.9	$	155.1	$	156.6	1	%	6	%
Retail Banking	141.6		136.3		141.4		143.4		144.2		1	%	2	%
Total GCB	$	289.4	$	291.9	$	291.3	$	298.5	$	300.8	1	%	4	%

Corporate/Other - Consumer:

North America
Mortgages	30.9		28.4		25.7		23.4		21.6		(8	)%	(30	)%
Other	2.5		2.4		1.5		1.5		1.4		(7	)%	(44	)%
Total	$	33.4	$	30.8	$	27.2	$	24.9	$	23.0	(8	)%	(31	)%

International	$	5.5	$	2.4	$	2.1	$	1.8	$	1.7	(6	)%	(69	)%

Corporate/Other - Other Consumer	0.1		—		—		0.1		0.1		—		—

Total Corporate/Other - Consumer	$	39.0	$	33.2	$	29.3	$	26.8	$	24.8	(7	)%	(36	)%

Total Consumer Loans	$	328.4	$	325.1	$	320.6	$	325.3	$	325.6	—		(1	)%

Total Corporate Loans
North America	$	148.3	$	148.0	$	147.8	$	151.8	$	155.8	3	%	5	%
EMEA	68.7		62.7		66.4		71.3		72.7		2	%	6	%
Latin America	35.1		33.8		35.1		34.1		33.7		(1	)%	(4	)%
Asia	58.0		54.8		58.7		62.2		65.4		5	%	13	%
Total Corporate Loans	$	310.1	$	299.3	$	308.0	$	319.4	$	327.6	3	%	6	%

Total Loans	$	638.4	$	624.4	$	628.6	$	644.7	$	653.2	1	%	2	%

Foreign Currency (FX) Translation Impact:
Total EOP Loans - as Reported	$	638.4	$	624.4	$	628.6	$	644.7	$	653.2	1	%	2	%
Impact of FX Translation (2)	3.2		12.1		4.6		1.9		—
Total EOP Loans - Ex-FX (2)	$	641.6	$	636.5	$	633.2	$	646.6	$	653.2	1	%	2	%

(1) Asia GCB includes loans of certain EMEA countries for all periods presented.

(2) Reflects the impact of FX translation into U.S. Dollars at the third quarter of 2017 exchange rates for all periods presented. Citigroup’s results of operations excluding the impact of FX translation are non-GAAP financial measures.

Reclassified to conform to the current period’s presentation.

Page 21

SUPPLEMENTAL DETAIL

CONSUMER LOANS 90+ DAYS DELINQUENCY AMOUNTS AND RATIOS

BUSINESS VIEW

(In millions of dollars, except EOP loan amounts in billions of dollars)

	Loans 90+ Days Past Due (1)																					EOP Loans
	1Q			2Q			3Q			4Q			1Q			2Q			3Q			3Q
	2016			2016			2016			2016			2017			2017			2017			2017

GCB (2)
Total	$	2,022		$	1,965		$	2,166		$	2,293		$	2,241		$	2,183		$	2,279		$	300.8
*Ratio*	0.75		%	0.69		%	0.75		%	0.79		%	0.77		%	0.73		%	0.76		%

Retail Bank (2)
Total	$	498		$	515		$	579		$	474		$	488		$	477		$	489		$	144.2
Ratio	0.35		%	0.37		%	0.41		%	0.35		%	0.35		%	0.33		%	0.34		%
North America (2)	$	152		$	180		$	256		$	181		$	182		$	155		$	167		$	55.7
Ratio	0.29		%	0.33		%	0.47		%	0.33		%	0.33		%	0.28		%	0.30		%
Latin America	$	172		$	157		$	160		$	136		$	141		$	150		$	151		$	21.0
Ratio	0.87		%	0.82		%	0.86		%	0.76		%	0.72		%	0.71		%	0.72		%
Asia (3)	$	174		$	178		$	163		$	157		$	165		$	172		$	171		$	67.5
Ratio	0.25		%	0.26		%	0.24		%	0.25		%	0.25		%	0.26		%	0.25		%

Cards
Total	$	1,524		$	1,450		$	1,587		$	1,819		$	1,753		$	1,706		$	1,790		$	156.6
Ratio	1.17		%	1.01		%	1.07		%	1.17		%	1.17		%	1.10		%	1.14		%
North America - Citi-Branded	$	530		$	510		$	607		$	748		$	698		$	659		$	668		$	86.3
Ratio	0.82		%	0.66		%	0.75		%	0.87		%	0.85		%	0.77		%	0.77		%
North America - Retail Services	$	665		$	619		$	664		$	761		$	735		$	693		$	772		$	45.9
Ratio	1.56		%	1.43		%	1.51		%	1.61		%	1.66		%	1.53		%	1.68		%
Latin America	$	149		$	145		$	131		$	130		$	137		$	161		$	159		$	5.6
Ratio	2.81		%	2.90		%	2.67		%	2.71		%	2.63		%	2.93		%	2.84		%
Asia (3)	$	180		$	176		$	185		$	180		$	183		$	193		$	191		$	18.8
Ratio	1.02		%	1.00		%	1.05		%	1.03		%	1.00		%	1.03		%	1.02		%

Corporate/Other - Consumer (2) (4)	$	896		$	878		$	857		$	834		$	684		$	601		$	605		$	24.8
*Ratio*	2.08		%	2.23		%	2.29		%	2.62		%	2.45		%	2.37		%	2.57		%
International	$	145		$	170		$	164		$	94		$	77		$	63		$	57		$	1.7
Ratio	2.27		%	3.09		%	2.98		%	3.92		%	3.67		%	3.50		%	3.35		%
North America (2) (4) (5)	$	751		$	708		$	693		$	740		$	607		$	538		$	548		$	23.1
Ratio	2.05		%	2.09		%	2.17		%	2.52		%	2.35		%	2.28		%	2.51		%

Total Citigroup (2) (4)	$	2,918		$	2,843		$	3,023		$	3,127		$	2,925		$	2,784		$	2,884		$	325.6
Ratio	0.93		%	0.88		%	0.93		%	0.97		%	0.92		%	0.86		%	0.89		%

(1) The ratio of 90+ Days Past Due is calculated based on end-of-period loans, net of unearned income.

(2) The 90+ Days Past Due and related ratios for North America Retail Banking and Corporate/Other North America exclude U.S. mortgage loans that are guaranteed by U.S. government-sponsored agencies since the potential loss predominantly resides with the U.S. agencies. See footnote 2 on page 9 and footnote 2 on page 18.

(3) Asia includes delinquency amounts, ratios and loans of certain EMEA countries for all periods presented.

(4) See footnote 3 on page 18.

Reclassified to conform to the current period’s presentation.

Page 22

SUPPLEMENTAL DETAIL

CONSUMER LOANS 30-89 DAYS DELINQUENCY AMOUNTS AND RATIOS

BUSINESS VIEW

(In millions of dollars, except EOP loan amounts in billions of dollars)

	Loans 30-89 Days Past Due (1)																					EOP Loans
	1Q			2Q			3Q			4Q			1Q			2Q			3Q			3Q
	2016			2016			2016			2016			2017			2017			2017			2017

GCB (2)
Total	$	2,360		$	2,318		$	2,553		$	2,540		$	2,516		$	2,498		$	2,763		$	300.8
*Ratio*	0.87		%	0.82		%	0.88		%	0.87		%	0.87		%	0.84		%	0.92		%

Retail Bank (2)
Total	$	793		$	735		$	722		$	726		$	777		$	747		$	805		$	144.2
Ratio	0.56		%	0.52		%	0.51		%	0.54		%	0.55		%	0.52		%	0.56		%
North America (2)	$	198		$	192		$	198		$	214		$	189		$	191		$	270		$	55.7
Ratio	0.38		%	0.36		%	0.37		%	0.39		%	0.35		%	0.35		%	0.49		%
Latin America	$	256		$	197		$	196		$	185		$	246		$	216		$	244		$	21.0
Ratio	1.29		%	1.03		%	1.05		%	1.03		%	1.25		%	1.03		%	1.16		%
Asia (3)	$	339		$	346		$	328		$	327		$	342		$	340		$	291		$	67.5
Ratio	0.49		%	0.51		%	0.48		%	0.52		%	0.52		%	0.51		%	0.43		%

Cards
Total	$	1,567		$	1,583		$	1,831		$	1,814		$	1,739		$	1,751		$	1,958		$	156.6
Ratio	1.20		%	1.10		%	1.24		%	1.17		%	1.16		%	1.13		%	1.25		%
North America - Citi-Branded	$	492		$	550		$	710		$	688		$	632		$	619		$	705		$	86.3
Ratio	0.76		%	0.71		%	0.87		%	0.80		%	0.77		%	0.72		%	0.82		%
North America - Retail Services	$	688		$	669		$	750		$	777		$	730		$	730		$	836		$	45.9
Ratio	1.62		%	1.55		%	1.71		%	1.64		%	1.65		%	1.62		%	1.82		%
Latin America	$	152		$	137		$	131		$	125		$	145		$	151		$	163		$	5.6
Ratio	2.87		%	2.74		%	2.67		%	2.60		%	2.79		%	2.75		%	2.91		%
Asia (3)	$	235		$	227		$	240		$	224		$	232		$	251		$	254		$	18.8
Ratio	1.34		%	1.29		%	1.36		%	1.28		%	1.27		%	1.34		%	1.35		%

Corporate/Other - Consumer (2) (4)	$	929		$	858		$	849		$	735		$	615		$	554		$	643		$	24.8
*Ratio*	2.16		%	2.18		%	2.27		%	2.31		%	2.20		%	2.18		%	2.74		%
International	$	161		$	138		$	135		$	49		$	60		$	44		$	47		$	1.7
Ratio	2.52		%	2.51		%	2.45		%	2.04		%	2.86		%	2.44		%	2.76		%
North America (2) (4)	$	768		$	720		$	714		$	686		$	555		$	510		$	596		$	23.1
Ratio	2.09		%	2.12		%	2.24		%	2.33		%	2.15		%	2.16		%	2.73		%

Total Citigroup (2) (4)	$	3,289		$	3,176		$	3,402		$	3,275		$	3,131		$	3,052		$	3,406		$	325.6
Ratio	1.05		%	0.98		%	1.04		%	1.01		%	0.98		%	0.94		%	1.05		%

(1) The ratio of 30-89 Days Past Due is calculated based on end-of-period loans, net of unearned income.

(2) The 30-89 Days Past Due and related ratios for North America Retail Banking and Corporate/Other North America exclude U.S. mortgage loans that are guaranteed by U.S. government-sponsored agencies since the potential loss predominantly resides with the U.S. agencies. See footnote 2 on page 9 and footnote 2 on page 18.

(3) Asia includes delinquency amounts, ratios and loans of certain EMEA countries for all periods presented.

(4) See footnote 3 on page 18.

Reclassified to conform to the current period’s presentation.

Page 23

ALLOWANCE FOR CREDIT LOSSES - PAGE 1

(In millions of dollars)

																3Q17 Increase/				Nine			Nine			YTD 2017 vs.
	3Q			4Q			1Q			2Q			3Q			(Decrease) from				Months			Months			YTD 2016 Increase/
	2016			2016			2017			2017			2017			2Q17		3Q16		2016			2017			(Decrease)

Total Citigroup
Allowance for Loan Losses at Beginning of Period (1)	$	12,304		$	12,439		$	12,060		$	12,030		$	12,025						$	12,626		$	12,060

Gross Credit (Losses)	(1,948		)	(2,083		)	(2,144		)	(2,130		)	(2,120		)	—		(9	)%	(6,139		)	(6,394		)	(4	)%
Gross Recoveries	423			387			435			420			343			(18	)%	(19	)%	1,274			1,198			(6	)%
Net Credit (Losses) / Recoveries (NCLs)	(1,525		)	(1,696		)	(1,709		)	(1,710		)	(1,777		)	(4	)%	(17	)%	(4,865		)	(5,196		)	(7	)%
NCLs	1,525			1,696			1,709			1,710			1,777			4	%	17	%	4,865			5,196			7	%
Net Reserve Builds / (Releases)	258			130			(20		)	67			419			NM		62	%	210			466			NM
Net Specific Reserve Builds / (Releases)	(37		)	(99		)	(14		)	(111		)	(50		)	55	%	(35	)%	(53		)	(175		)	NM
Provision for Loan Losses	1,746			1,727			1,675			1,666			2,146			29	%	23	%	5,022			5,487			9	%
Other (2) (3) (4) (5) (6) (7)	(86		)	(410		)	4			39			(28		)	NM		67	%	(344		)	15
Allowance for Loan Losses at End of Period (1) (a)	$	12,439		$	12,060		$	12,030		$	12,025		$	12,366						$	12,439		$	12,366

Allowance for Unfunded Lending Commitments (8) (a)	$	1,388		$	1,418		$	1,377		$	1,406		$	1,232						$	1,388		$	1,232

Provision for Unfunded Lending Commitments	$	(45	)	$	33		$	(43	)	$	28		$	(175	)					$	(4	)	$	(190	)

Total Allowance for Loans, Leases and Unfunded Lending Commitments [Sum of (a)]	$	13,827		$	13,478		$	13,407		$	13,431		$	13,598						$	13,827		$	13,598

Total Allowance for Loan Losses as a Percentage of Total Loans (9) (10)	1.97		%	1.94		%	1.93		%	1.88		%	1.91		%

Consumer:
Allowance for Loan Losses at Beginning of Period (1)	$	9,432		$	9,673		$	9,358		$	9,495		$	9,515						$	9,835		$	9,358

Net Credit Losses (NCLs)	(1,483		)	(1,576		)	(1,672		)	(1,633		)	(1,734		)	(6	)%	(17	)%	(4,472		)	(5,039		)	(13	)%
NCLs	1,483			1,576			1,672			1,633			1,734			6	%	17	%	4,472			5,039			13	%
Net Reserve Builds / (Releases)	368			93			146			71			479			NM		30	%	332			696			NM
Net Specific Reserve Builds / (Releases)	(36		)	(10		)	(2		)	(84		)	(71		)	15	%	(97	)%	(142		)	(157		)	(11	)%
Provision for Loan Losses	1,815			1,659			1,816			1,620			2,142			32	%	18	%	4,662			5,578			20	%
Other (2) (3) (4) (5) (6) (7)	(91		)	(398		)	(7		)	33			(31		)	NM		66	%	(352		)	(5		)	99	%
Allowance for Loan Losses at End of Period (1) (a)	$	9,673		$	9,358		$	9,495		$	9,515		$	9,892						$	9,673		$	9,892

Consumer Allowance for Unfunded Lending Commitments (8) (a)	$	39		$	35		$	41		$	40		$	35						$	39		$	35

Provision for Unfunded Lending Commitments	$	(4	)	$	(3	)	$	6		$	(1	)	$	(5	)					$	1		$	—

Total Allowance for Loans, Leases and Unfunded Lending Commitments [Sum of (a)]	$	9,712		$	9,393		$	9,536		$	9,555		$	9,927						$	9,712		$	9,927

Consumer Allowance for Loan Losses as a Percentage of Total Consumer Loans (9)	2.95		%	2.88		%	2.96		%	2.93		%	3.04		%

Corporate
Allowance for Loan Losses at Beginning of Period (1)	$	2,872		$	2,766		$	2,702		$	2,535		$	2,510						$	2,791		$	2,702

Net Credit (Losses) / Recoveries (NCL’s)	(42		)	(120		)	(37		)	(77		)	(43		)	44	%	(2	)%	(393		)	(157		)	60	%
NCLs	42			120			37			77			43			(44	)%	2	%	393			157			(60	)%
Net Reserve Builds / (Releases)	(110		)	37			(166		)	(4		)	(60		)	NM		45	%	(122		)	(230		)	(89	)%
Net Specific Reserve Builds / (Releases)	(1		)	(89		)	(12		)	(27		)	21			NM		NM		89			(18		)	NM
Provision for Loan Losses	(69		)	68			(141		)	46			4			(91	)%	NM		360			(91		)	NM
Other (2)	5			(12		)	11			6			3							8			20
Allowance for Loan Losses at End of Period (1) (b)	$	2,766		$	2,702		$	2,535		$	2,510		$	2,474						$	2,766		$	2,474

Corporate Allowance for Unfunded Lending Commitments (8) (b)	$	1,349		$	1,383		$	1,336		$	1,366		$	1,197						$	1,349		$	1,197

Provision for Unfunded Lending Commitments	$	(41	)	$	36		$	(49	)	$	29		$	(170	)					$	(5	)	$	(190	)

Total Allowance for Loans, Leases and Unfunded Lending Commitments [Sum of (b)]	$	4,115		$	4,085		$	3,871		$	3,876		$	3,671						$	4,115		$	3,671

Corporate Allowance for Loan Losses as a Percentage of Total Corporate Loans (10)	0.90		%	0.91		%	0.83		%	0.80		%	0.77		%

Footnotes to these tables are on the following page (page 25).

Page 24

ALLOWANCE FOR CREDIT LOSSES - PAGE 2

The following footnotes relate to the tables on the prior page (page 24).

(1) Allowance for credit losses represents management’s estimate of probable losses inherent in the portfolio. Attribution of the allowance is made for analytical purposes only, and the entire allowance is available to absorb probable credit losses inherent in the portfolio.

(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) The third quarter of 2016 includes a reduction of approximately $58 million related to the sale or transfers to Held-for-sale (HFS) of various loan portfolios, including a reduction of $50 million related to the transfers of a real estate loan portfolio to HFS. Additionally, the third quarter includes a reduction of approximately $46 million related to FX translation.

(4) The fourth quarter of 2016 includes a reduction of approximately $267 million related to the sale or transfers to HFS of various loan portfolios, including a reduction of $3 million related to the transfers of a real estate loan portfolio to HFS. Additionally, the fourth quarter includes a reduction of approximately $141 million related to FX translation.

(5) The first quarter of 2017 includes a reduction of approximately $161 million related to the sale or transfers to HFS of various loan portfolios, including a reduction of $37 million related to the transfers of a real estate loan portfolio to HFS. Additionally, the first quarter includes an increase of approximately $164 million related to FX translation.

(6) The second quarter of 2017 includes a reduction of approximately $19 million related to the sale or transfers to HFS of various loan portfolios, including a reduction of $19 million related to the transfers of a real estate loan portfolio to HFS. Additionally, the second quarter includes an increase of approximately $50 million related to FX translation.

(7) The third quarter of 2017 includes a reduction of approximately $34 million related to the sale or transfers to HFS of various loan portfolios, including a reduction of $28 million related to the transfers of a real estate loan portfolio to HFS. Additionally, the third quarter includes an increase of approximately $7 million related to FX translation.

(8) Represents additional credit reserves recorded as other liabilities on the Consolidated Balance Sheet.

(9) September 30, 2016, December 31, 2016, March 31, 2017, June 30, 2017 and September 30, 2017 exclude $31 million, $29 million, $28 million, $27 million and $27 million, respectively, of consumer loans which are carried at fair value.

(10) September 30, 2016, December 31, 2016, March 31, 2017, June 30, 2017 and September 30, 2017 exclude $3.9 billion, $3.5 billion, $4.0 billion, $4.2 billion and $4.3 billion, respectively, of corporate loans which are carried at fair value.

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

Page 25

COMPONENTS OF PROVISION FOR LOAN LOSSES

(In millions of dollars)

																3Q17 Increase/				Nine			Nine			YTD 2017 vs.
	3Q			4Q			1Q			2Q			3Q			(Decrease) from				Months			Months			YTD 2016 Increase/
	2016			2016			2017			2017			2017			2Q17		3Q16		2016			2017			(Decrease)

Global Consumer Banking
Net Credit Losses	1,349			1,516			1,603			1,615			1,704			6	%	26	%	4,094			4,922			20	%
Credit Reserve Build / (Release)	436			164			177			125			486			NM		11	%	544			788			45	%
North America
Net Credit Losses	927			1,105			1,190			1,181			1,239			5	%	34	%	2,814			3,610			28	%
Credit Reserve Build / (Release)	408			117			152			101			463			NM		13	%	536			716			34	%
Retail Banking
Net Credit Losses	52			83			37			39			88			NM		69	%	122			164			34	%
Credit Reserve Build / (Release)	(40		)	(22		)	7			(7		)	(47		)	NM		(18	)%	11			(47		)	NM
Citi-Branded Cards
Net Credit Losses	448			539			633			611			611			—		36	%	1,370			1,855			35	%
Credit Reserve Build / (Release)	263			78			92			26			192			NM		(27	)%	306			310			1	%
Citi Retail Services
Net Credit Losses	427			483			520			531			540			2	%	26	%	1,322			1,591			20	%
Credit Reserve Build / (Release)	185			61			53			82			318			NM		72	%	219			453			NM
Latin America
Net Credit Losses	254			248			253			277			295			6	%	16	%	792			825			4	%
Credit Reserve Build / (Release)	32			36			12			50			44			(12	)%	38	%	47			106			NM
Retail Banking
Net Credit Losses	132			138			137			151			143			(5	)%	8	%	403			431			7	%
Credit Reserve Build / (Release)	47			31			14			27			13			(52	)%	(72	)%	60			54			(10	)%
Citi-Branded Cards
Net Credit Losses	122			110			116			126			152			21	%	25	%	389			394			1	%
Credit Reserve Build / (Release)	(15		)	5			(2		)	23			31			35	%	NM		(13		)	52			NM
Asia (1)
Net Credit Losses	168			163			160			157			170			8	%	1	%	488			487			—
Credit Reserve Build / (Release)	(4		)	11			13			(26		)	(21		)	19	%	NM		(39		)	(34		)	13	%
Retail Banking
Net Credit Losses	73			65			62			54			69			28	%	(5	)%	196			185			(6	)%
Credit Reserve Build / (Release)	—			12			(6		)	(9		)	(23		)	NM		NM		(18		)	(38		)	NM
Citi-Branded Cards
Net Credit Losses	95			98			98			103			101			(2	)%	6	%	292			302			3	%
Credit Reserve Build / (Release)	(4		)	(1		)	19			(17		)	2			NM		NM		(21		)	4			NM

Institutional Clients Group (ICG)
Net Credit Losses	45			119			25			71			44			(38	)%	(2	)%	397			140			(65	)%
Credit Reserve Build / (Release)	(93		)	(53		)	(176		)	(15		)	(38		)	NM		59	%	(11		)	(229		)	NM

Corporate / Other
Net Credit Losses	131			61			81			24			29			21	%	(78	)%	374			134			(64	)%
Credit Reserve Build / (Release)	(122		)	(80		)	(35		)	(154		)	(79		)	49	%	35	%	(376		)	(268		)	29	%

Total Provision for Loan Losses	$	1,746		$	1,727		$	1,675		$	1,666		$	2,146		29	%	23	%	$	5,022		$	5,487		9	%

(1) Asia GCB includes NCLs and credit reserve builds (releases) for certain EMEA countries for all periods presented.

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

Page 26

NON-ACCRUAL ASSETS

(In millions of dollars)

																3Q17 Increase/
	3Q			4Q			1Q			2Q			3Q			(Decrease) from
	2016			2016			2017			2017			2017			2Q17		3Q16
Non-Accrual Loans (1)
Corporate Non-Accrual Loans By Region
North America	$	1,057		$	984		$	993		$	944		$	915		(3	)%	(13	)%
EMEA	857			904			828			727			681			(6	)%	(21	)%
Latin America	380			379			342			281			312			11	%	(18	)%
Asia	121			154			176			146			146			—		21	%
Total	$	2,415		$	2,421		$	2,339		$	2,098		$	2,054		(2	)%	(15	)%

Consumer Non-Accrual Loans By Region (2) (3)
North America	$	2,429		$	2,160		$	1,926		$	1,754		$	1,721		(2	)%	(29	)%
Latin America	841			711			737			793			791			—		(6	)%
Asia (4)	282			287			292			301			271			(10	)%	(4	)%
Total	$	3,552		$	3,158		$	2,955		$	2,848		$	2,783		(2	)%	(22	)%

OTHER REAL ESTATE OWNED AND OTHER REPOSSESSED ASSETS

Institutional Clients Group	$	12		$	14		$	13		$	26		$	46		77	%	NM
Global Consumer Banking	41			34			33			33			38			15	%	(7	)%
Corporate/Other	108			138			127			109			59			(46	)%	(45	)%
TOTAL OTHER REAL ESTATE OWNED (OREO) (5)	$	161		$	186		$	173		$	168		$	143		(15	)%	(11	)%

OREO By Region:
North America	$	132		$	161		$	136		$	128		$	97		(24	)%	(27	)%
EMEA	1			—			1			1			1			—		—
Latin America	18			18			31			31			30			(3	)%	67	%
Asia	10			7			5			8			15			88	%	50	%
Total	$	161		$	186		$	173		$	168		$	143		(15	)%	(11	)%

Other Repossessed Assets	$	—		$	—		$	—		$	—		$	—		—		—

Non-Accrual Assets (NAA) (6)
Corporate Non-Accrual Loans	$	2,415		$	2,421		$	2,339		$	2,098		$	2,054		(2	)%	(15	)%
Consumer Non-Accrual Loans	3,552			3,158			2,955			2,848			2,783			(2	)%	(22	)%
Non-Accrual Loans (NAL)	5,967			5,579			5,294			4,946			4,837			(2	)%	(19	)%
OREO	161			186			173			168			143			(15	)%	(11	)%
Other Repossessed Assets	—			—			—			—			—			—		—
Non-Accrual Assets (NAA)	$	6,128		$	5,765		$	5,467		$	5,114		$	4,980		(3	)%	(19	)%

NAL as a % of Total Loans	0.93		%	0.89		%	0.84		%	0.77		%	0.74		%
NAA as a % of Total Assets	0.34		%	0.32		%	0.30		%	0.27		%	0.26		%

Allowance for Loan Losses as a % of NAL	208		%	216		%	227		%	243		%	256		%

(1) Corporate loans are placed on non-accrual status based upon 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.

(2) The fourth quarter of 2016 reflects the transfers of non-accrual loans to HFS resulting from the agreements to sell the Brazil and Argentina consumer banking businesses.

(3) Excludes SOP 03-3 purchased distressed loans.

(4) Asia GCB includes balances for certain EMEA countries for all periods presented.

(5) 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.

(6) There is no industry-wide definition of non-accrual assets. As such, analysis against the industry is not always comparable.

Reclassified to conform to the current period’s presentation.

Page 27

CITIGROUP
CET1 CAPITAL AND SUPPLEMENTARY LEVERAGE RATIOS, TANGIBLE COMMON EQUITY, BOOK VALUE PER
SHARE, TANGIBLE BOOK VALUE PER SHARE AND RETURNS ON EQUITY
(In millions of dollars or shares, except per share amounts and ratios)

																Nine			Nine
	September 30,			December 31,			March 31,			June 30,			September 30,			Months			Months
	2016			2016			2017(2)			2017			2017(3)			2016			2017
Common Equity Tier 1 Capital Ratio and Components(1)

Citigroup Common Stockholders’ Equity(4)	$	212,506		$	206,051		$	208,907		$	210,950		$	208,565
Add: Qualifying noncontrolling interests	140			129			133			143			144
Regulatory Capital Adjustments and Deductions:
Less:
Accumulated net unrealized losses on cash flow hedges, net of tax(5)	(232		)	(560		)	(562		)	(445		)	(438		)
Cumulative unrealized net gain (loss) related to changes in fair value of financial liabilities attributable to own creditworthiness, net of tax(6)	335			(61		)	(173		)	(291		)	(416		)
Intangible Assets:
Goodwill, net of related deferred tax liabilities (DTLs)(7)	21,763			20,858			21,448			21,589			21,532
Identifiable intangible assets other than mortgage servicing rights (MSRs), net of related DTLs	5,177			4,876			4,738			4,587			4,410
Defined benefit pension plan net assets	891			857			836			796			720
Deferred tax assets (DTAs) arising from net operating loss, foreign tax credit and general business credit carry-forwards	22,503			21,337			21,077			20,832			20,068
Excess over 10% / 15% limitations for other DTAs, certain common stock investments and MSRs(8)	7,077			9,357			9,012			8,851			9,298
Common Equity Tier 1 Capital (CET1)	$	155,132		$	149,516		$	152,664		$	155,174		$	153,535
Risk-Weighted Assets (RWA)	$	1,228,283		$	1,189,680		$	1,191,397		$	1,188,167		$	1,184,123
Common Equity Tier 1 Capital Ratio (CET1/RWA)	12.63		%	12.57		%	12.81		%	13.06		%	13.0		%

Supplementary Leverage Ratio and Components

Common Equity Tier 1 Capital (CET1)	$	155,132		$	149,516		$	152,664		$	155,174		$	153,535
Additional Tier 1 Capital (AT1)(9)	19,628			19,874			19,791			19,955			19,322
Total Tier 1 Capital (T1C) (CET1 + AT1)	$	174,760		$	169,390		$	172,455		$	175,129		$	172,857
Total Leverage Exposure (TLE)	$	2,360,520		$	2,345,391		$	2,372,177		$	2,418,658		$	2,428,301
Supplementary Leverage Ratio (T1C/TLE)	7.40		%	7.22		%	7.27		%	7.24		%	7.1		%
Net DTAs Excluded from Common Equity Tier 1 Capital	$	27,818		$	29,246		$	28,671		$	28,224		$	27,945

Tangible Common Equity, Book Value Per Share, Tangible Book Value Per Share and Returns on Equity

Common Stockholders’ Equity	$	212,322		$	205,867		$	208,723		$	210,766		$	208,381
Less:
Goodwill	22,539			21,659			22,265			22,349			22,345
Intangible assets (other than MSRs)	5,358			5,114			5,013			4,887			4,732
Goodwill and identifiable intangible assets (other than MSRs) related to assets HFS	30			72			48			120			48
Tangible Common Equity (TCE)	$	184,395		$	179,022		$	181,397		$	183,410		$	181,256
Common Shares Outstanding (CSO)	2,849.7			2,772.4			2,753.3			2,724.6			2,644.0
Book Value Per Share (Common Equity/CSO)	$	74.51		$	74.26		$	75.81		$	77.36		$	78.81
Tangible Book Value Per Share (TCE/CSO)	$	64.71		$	64.57		$	65.88		$	67.32		$	68.55

Net Income Available to Common Shareholders	$	3,615		$	3,253		$	3,789		$	3,552		$	3,861		$	10,582		$	11,202
Average Common Stockholders’ Equity	$	212,321		$	208,965		$	206,903		$	209,693		$	209,764		$	209,850		$	208,787
Average TCE	$	184,492		$	181,709		$	180,210		$	182,404		$	182,333		$	182,914		$	181,271
Less: Average Net DTAs Excluded from Common Equity Tier 1 Capital(10)	27,921			28,532			28,959			28,448			28,085			28,954			28,522
Average TCE, Excluding Average Net DTAs Excluded from Common Equity Tier 1 Capital	$	156,571		$	153,177		$	151,251		$	153,956		$	154,248		$	153,960		152,749

Return on Average Common Stockholders’ Equity	6.8		%	6.2		%	7.4		%	6.8		%	7.3		%	6.7		%	7.2		%
Return on Average TCE (RoTCE)(11)	7.8		%	7.1		%	8.5		%	7.8		%	8.4		%	7.7		%	8.3		%
Return on Average TCE, Excluding Average Net DTAs Excluded from Common Equity Tier 1 Capital	9.2		%	8.4		%	10.2		%	9.3		%	9.9		%	9.2		%	9.8		%

(1) See footnote 1 on page 1.

(2) See footnote 3 on page 1.

(3) Preliminary.

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

(5) Common Equity Tier 1 Capital is adjusted for accumulated net unrealized gains (losses) on cash flow hedges included in accumulated other comprehensive income that relate to the hedging of items not recognized at fair value on the balance sheet.

(6) The cumulative impact of changes in Citigroup’s own creditworthiness in valuing liabilities for which the fair value option has been elected and own-credit valuation adjustments on derivatives are excluded from Common Equity Tier 1 Capital, in accordance with the U.S. Basel III rules.

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

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

(10) Represents average net DTAs excluded in arriving at Common Equity Tier 1 Capital under full implementation of the U.S. Basel III rules.

(11) RoTCE represents annualized net income available to common shareholders as a perecentage of average TCE.

Reclassified to conform to the current period’s presentation.

Page 28

CITIGROUP INC - FORM 8-K - EX-99.2 - October 12, 2017

Attached files