v3.26.1
ALLOWANCE FOR CREDIT LOSSES (Tables)
 3 Months Ended
Mar. 31, 2026
Credit Loss [Abstract]  
Schedule of allowance for credit losses and investment in loans by portfolio segment
Three Months Ended March 31,
In millions of dollars20262025
Allowance for credit losses on loans (ACLL) at beginning of period$19,247 $18,574 
Gross credit losses on loans(2,820)(2,926)
Gross recoveries on loans612 467 
Net credit losses (NCLs) on loans$(2,208)$(2,459)
Replenishment of NCLs$2,208 $2,459 
Net reserve builds (releases) for loans301 227 
Net specific reserve builds (releases) for loans96 (125)
Total provision for credit losses on loans (PCLL)$2,605 $2,561 
Other, net (see table below)(8)50 
ACLL at end of period$19,636 $18,726 
Allowance for credit losses on unfunded lending commitments (ACLUC) at beginning of period(1)
$1,833 $1,601 
Provision (release) for credit losses on ACLUC(2)
184 108 
Other, net
(4)11 
ACLUC at end of period(1)
$2,013 $1,720 
Total ACLL and ACLUC$21,649 $20,446 
Allowance for credit losses on other assets at beginning of period(3)
$147 $1,865 
NCLs on other assets(3)(13)
Provision (release) for credit losses on other assets33 39 
Other, net(4)
9 315 
Allowance for credit losses on other assets at end of period(3)
$186 $2,206 
Allowance for credit losses on HTM debt securities at beginning of period$146 $137 
Provision (release) for credit losses on HTM debt securities(30)(5)
Other, net
— (2)
Allowance for credit losses on HTM debt securities at end of period$116 $130 
Total ACL$21,951 $22,782 

Other, net details (ACLL)Three Months Ended March 31,
In millions of dollars20262025
FX translation and other$(8)$50 
Other, net (ACLL)$(8)$50 

(1)Represents additional credit loss reserves for unfunded lending commitments and letters of credit recorded in Other liabilities on the Consolidated Balance Sheet.
(2)The first quarter of 2026 includes a reserve build related to Citi’s forward purchase commitment of the Barclays American Airlines co-branded card portfolio.
(3)See additional details on the Allowance for credit losses on other assets below.
(4)Primarily reflects the impact of FX translation on the ACL on Other assets for transfer risk associated with exposures outside the U.S.
Allowance for Credit Losses on Loans (ACLL) and End-of-Period Loans

Three Months Ended
March 31, 2026March 31, 2025
In millions of dollarsCorporateConsumerTotalCorporateConsumerTotal
ACLL at beginning of period$3,053 $16,194 $19,247 $2,556 $16,018 $18,574 
Charge-offs(42)(2,778)(2,820)(199)(2,727)(2,926)
Recoveries34 578 612 17 450 467 
Replenishment of NCLs8 2,200 2,208 182 2,277 2,459 
Net reserve builds (releases)203 98 301 279 (52)227 
Net specific reserve builds (releases)96 — 96 (125)— (125)
Other(13)5 (8)15 35 50 
Ending balance$3,339 $16,297 $19,636 $2,725 $16,001 $18,726 

March 31, 2026December 31, 2025
In millions of dollarsCorporateConsumerTotalCorporateConsumerTotal
ACLL   
Collectively evaluated$2,922 $16,248 $19,170 $2,730 $16,144 $18,874 
Individually evaluated 417 51 468 323 51 374 
Purchased credit deteriorated— (2)(2)— (1)(1)
Total ACLL$3,339 $16,297 $19,636 $3,053 $16,194 $19,247 
Loans, net of unearned income
Collectively evaluated$348,770 $402,199 $750,969 $334,892 $408,225 $743,117 
Individually evaluated 1,957 67 2,024 2,001 149 2,150 
Purchased credit deteriorated— 100 100 — 108 108 
Held at fair value8,498 25 8,523 6,804 51 6,855 
Total loans, net of unearned income$359,225 $402,391 $761,616 $343,697 $408,533 $752,230 
Schedule of allowance for credit losses on other assets
Allowance for Credit Losses on Other Assets

Three Months Ended March 31, 2026
In millions of dollarsDeposits with banksSecurities borrowed and purchased under agreements
to resell
All other assets(1)
Total
Allowance for credit losses on other assets at beginning of quarter(2)
$23 $5 $119 $147 
Gross credit losses— — (10)(10)
Gross recoveries— — 7 7 
NCLs$— $— $(3)$(3)
Replenishment of NCLs$— $— $3 $3 
Net reserve builds (releases)8 — 22 30 
Total provision for credit losses$8 $— $25 $33 
Other, net$1 $— $8 $9 
Allowance for credit losses on other assets at end of quarter$32 $5 $149 $186 

(1)Primarily ACL related to transfer risk associated with exposures outside the U.S.
(2)The beginning-of-quarter balance reflects the $2.6 billion reclassification of AO Citibank to held-for-sale, including the related ACL, resulting from Citi’s planned sale of AO Citibank (which was sold on February 18, 2026) (see “Sale of AO Citibank” in Note 2), partially offset by FX translation.

Three Months Ended March 31, 2025
In millions of dollarsDeposits with banksSecurities borrowed and purchased under agreements
to resell
All other assets(1)
Total
Allowance for credit losses on other assets at beginning of quarter$25 $3 $1,837 $1,865 
Gross credit losses— — (17)(17)
Gross recoveries— — 4 4 
NCLs$— $— $(13)$(13)
Replenishment of NCLs$— $— $13 $13 
Net reserve builds (releases)(6)1 31 26 
Total provision for credit losses$(6)$1 $44 $39 
Other, net$— $— $315 $315 
Allowance for credit losses on other assets at end of quarter$19 $4 $2,183 $2,206 

(1)    Primarily ACL related to transfer risk associated with exposures outside the U.S.