CITIGROUP INC - FORM 8-K - EX-99.2

Attached files

file	filename
EX-99.1 - EX-99.1 - CITIGROUP INC	a15-21119_1ex99d1.htm
8-K - 8-K - CITIGROUP INC	a15-21119_18k.htm

Exhibit 99.2

CITIGROUP - QUARTERLY FINANCIAL DATA SUPPLEMENT

3Q15

	Page
Citigroup Consolidated
Financial Summary	1
Consolidated Statement of Income	2
Consolidated Balance Sheet	3
Segment Detail
Net Revenues	4
Income	5
Citicorp
Income Statement and Balance Sheet Data	6
Global Consumer Banking (GCB)	7 - 8
North America	9 - 11
Latin America	12 - 13
Asia (1)	14 - 15
Institutional Clients Group (ICG)	16
Revenues by Business	17

Corporate / Other	18

Regional Totals
North America	19
EMEA	20
Latin America	21
Asia	22

Citi Holdings
Income Statement and Balance Sheet Data	23
Consumer Key Indicators	24 - 25

Citigroup Supplemental Detail
Average Balances and Interest Rates	26
Deposits	27
Loans
Citicorp	28
Citi Holdings / Total Citigroup	29
Consumer Loan Delinquency Amounts and Ratios
90+ Days	30
30-89 Days	31
Allowance for Credit Losses
Total Citigroup	32
Consumer and Corporate	33 - 34
Components of Provision for Loan Losses
Citicorp	35
Citi Holdings / Total Citigroup	36
Non-Accrual Assets
Total Citigroup	37
Citicorp	38
Citi Holdings	39

Reconciliation of Non-GAAP Financial Measures	40

(1) For reporting purposes, Asia GCB includes the results of operations of EMEA GCB for all periods presented.

CITIGROUP — FINANCIAL SUMMARY

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

																3Q15 Increase/				Nine				Nine			YTD 2015 vs.
	3Q			4Q			1Q			2Q			3Q			(Decrease) from				Months				Months			YTD 2014 Increase/
	2014			2014			2015			2015			2015			2Q15		3Q14		2014				2015			(Decrease)

Total Revenues, Net of Interest Expense	$	19,689		$	17,899		$	19,736		$	19,470		$	18,692		(4	)%	(5	)%	$	59,320			$	57,898		(2	)%
Total Operating Expenses	12,955			14,426			10,884			10,928			10,669			(2	)%	(18	)%	40,625				32,481			(20	)%
Net Credit Losses (NCLs)	2,097			2,248			1,957			1,920			1,663			(13	)%	(21	)%	6,725				5,540			(18	)%
Credit Reserve Build / (Release)	(522		)	(367		)	(202		)	(405		)	(81		)	80	%	84	%	(1,778			)	(688		)	61	%
Provision for Unfunded Lending Commitments	(30		)	(74		)	(37		)	(48		)	65			NM		NM		(88			)	(20		)	77	%
Provision for Benefits and Claims	205			206			197			181			189			4	%	(8	)%	595				567			(5	)%
Provisions for Credit Losses and for Benefits and Claims	1,750			2,013			1,915			1,648			1,836			11	%	5	%	5,454				5,399			(1	)%
Income from Continuing Operations before Income Taxes	4,984			1,460			6,937			6,894			6,187			(10	)%	24	%	13,241				20,018			51	%
Income Taxes (benefits)	2,068			1,077			2,120			2,036			1,881			(8	)%	(9	)%	6,120				6,037			(1	)%
Income from Continuing Operations	$	2,916		$	383		$	4,817		$	4,858		$	4,306		(11	)%	48	%	$	7,121			$	13,981		96	%
Income (Loss) from Discontinued Operations, net of Taxes	(16		)	(1		)	(5		)	6			(10		)	NM		38	%	(1			)	(9		)	NM
Net Income before Noncontrolling Interests	2,900			382			4,812			4,864			4,296			(12	)%	48	%	7,120				13,972			96	%
Net Income Attributable to Noncontrolling Interests	59			38			42			18			5			(72	)%	(92	)%	154				65			(58	)%
Citigroup’s Net Income	$	2,841		$	344		$	4,770		$	4,846		$	4,291		(11	)%	51	%	$	6,966			$	13,907		100	%

Diluted Earnings Per Share:
Income from Continuing Operations	$	0.88		$	0.06		$	1.51		$	1.51		$	1.36		(10	)%	55	%	$	2.14			$	4.38		NM
Citigroup’s Net Income	$	0.88		$	0.06		$	1.51		$	1.51		$	1.35		(11	)%	53	%	$	2.14			$	4.38		NM
Shares (in millions):
Average Basic	3,029.5			3,025.6			3,034.2			3,020.0			2,993.3			(1	)%	(1	)%	3,033.5				3,015.8			(1	)%
Average Diluted	3,034.8			3,031.5			3,039.3			3,025.0			2,996.9			(1	)%	(1	)%	3,038.8				3,020.4			(1	)%
Common Shares Outstanding, at period end	3,029.5			3,023.9			3,034.1			3,009.8			2,979.0			(1	)%	(2	)%

Preferred Dividends - Basic	$	128		$	159		$	128		$	202		$	174		(14	)%	36	%	$	352			$	504		43	%
Preferred Dividends - Diluted	$	128		$	159		$	128		$	202		$	174		(14	)%	36	%	$	352			$	504		43	%

Income Allocated to Unrestricted Common Shareholders - Basic
Income from Continuing Operations	$	2,684		$	183		$	4,585		$	4,574		$	4,070		(11	)%	52	%	$	6,507			$	13,230		NM
Citigroup’s Net Income	$	2,669		$	182		$	4,580		$	4,580		$	4,061		(11	)%	52	%	$	6,506			$	13,221		NM

Income Allocated to Unrestricted Common Shareholders - Diluted
Income from Continuing Operations	$	2,684		$	183		$	4,585		$	4,574		$	4,070		(11	)%	52	%	$	6,507			$	13,230		NM
Citigroup’s Net Income	$	2,669		$	182		$	4,580		$	4,580		$	4,061		(11	)%	52	%	$	6,506			$	13,221		NM

Regulatory Capital Ratios and Performance Metrics:
Common Equity Tier 1 Capital Ratio (1) (2)	10.64		%	10.57		%	11.06		%	11.37		%	11.6		%
Tier 1 Capital Ratio (1) (2)	11.41		%	11.45		%	12.07		%	12.54		%	12.9		%
Total Capital Ratio (1) (2)	12.76		%	12.80		%	13.38		%	14.14		%	14.5		%
Supplementary Leverage Ratio (2) (3)	5.98		%	5.94		%	6.44		%	6.72		%	6.8		%
Return on Average Assets	0.59		%	0.07		%	1.04		%	1.06		%	0.94		%					0.49			%	1.01		%
Return on Average Common Equity	5.3		%	0.4		%	9.4		%	9.1		%	8.0		%
Efficiency Ratio (Operating Expenses/Total Revenues, net)	66		%	81		%	55		%	56		%	57		%					68			%	56		%

Balance Sheet Data (in billions of dollars, except Book Value Per Share):
Total Assets	$	1,882.5		$	1,842.2		$	1,831.8		$	1,829.4		$	1,808.4		(1	)%	(4	)%
Total Average Assets	1,895.4			1,900.2			1,853.1			1,839.7			1,818.4			(1	)%	(4	)%	$		1,895.7		$	1,837.1		(3	)%
Total Deposits(4)	942.7			899.3			899.6			908.0			904.2			—		(4	)%
Citigroup’s Stockholders’ Equity	211.9			210.2			214.6			219.4			220.8			1	%	4	%
Book Value Per Share		66.99			66.05			66.79			68.27			69.03		1	%	3	%
Tangible Book Value Per Share(5)	$	57.41		$	56.71		$	57.66		$	59.18		$	60.07		2	%	5	%

Direct Staff (in thousands)	243			241			239			238			239			—		(2	)%

(1) Citigroup’s risk-based capital ratios, which reflect full implementation of the U.S. Basel III rules, are non-GAAP financial measures. These ratios are calculated under the Basel III Advanced Approaches framework. See page 40 for a reconciliation of Citi’s Common Equity Tier 1 Capital to reported results.

(2) September 30, 2015 ratios are preliminary.

(3) Citigroup’s Supplementary Leverage Ratio (SLR), which reflects full implementation of the U.S. Basel III rules, is a non-GAAP financial measure.

(4) Beginning December 31, 2014, approximately $20 billion of Deposits (and corresponding assets) were reclassified to held-for-sale within Other liabilities and Other assets, respectively, as a result of Citigroup’s entry into an agreement in December 2014 to sell its Japan retail banking business, which is now reported in Citi Holdings.

(5) Tangible book value per share is a non-GAAP financial measure. See page 40 for a reconciliation of Tangible Common Equity to reported results.

Note: Ratios and variance percentages are calculated based on the displayed amounts (where presented).

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

CITIGROUP CONSOLIDATED STATEMENT OF INCOME

(In millions of dollars)

																3Q15 Increase/				Nine			Nine			YTD 2015 vs.
	3Q			4Q			1Q			2Q			3Q			(Decrease) from				Months			Months			YTD 2014 Increase/
	2014			2014			2015			2015			2015			2Q15		3Q14		2014			2015			(Decrease)
Revenues
Interest revenue	$	15,512		$	15,260		$	14,600		$	14,873		$	14,714		(1	)%	(5	)%	$	46,423		$	44,187		(5	)%
Interest expense	3,325			3,159			3,028			3,051			2,941			(4	)%	(12	)%	10,531			9,020			(14	)%
Net interest revenue	12,187			12,101			11,572			11,822			11,773			—		(3	)%	35,892			35,167			(2	)%

Commissions and fees	3,280			3,127			3,170			3,194			2,732			(14	)%	(17	)%	9,905			9,096			(8	)%
Principal transactions	1,549			418			1,971			2,173			1,327			(39	)%	(14	)%	6,280			5,471			(13	)%
Administrative and other fiduciary fees	1,029			946			962			995			870			(13	)%	(15	)%	3,067			2,827			(8	)%
Realized gains (losses) on investments	136			222			307			183			151			(17	)%	11	%	348			641			84	%
Other-than-temporary impairment losses on investments and other assets	(91		)	(95		)	(72		)	(43		)	(80		)	(86	)%	12	%	(329		)	(195		)	41	%
Insurance premiums	530			497			497			482			464			(4	)%	(12	)%	1,613			1,443			(11	)%
Other revenue	1,069			683			1,329			664			1,455			NM		36	%	2,544			3,448			36	%
Total non-interest revenues	7,502			5,798			8,164			7,648			6,919			(10	)%	(8	)%	23,428			22,731			(3	)%
Total revenues, net of interest expense	19,689			17,899			19,736			19,470			18,692			(4	)%	(5	)%	59,320			57,898			(2	)%

Provisions for Credit Losses and for Benefits and Claims

Net credit losses	2,097			2,248			1,957			1,920			1,663			(13	)%	(21	)%	6,725			5,540			(18	)%
Credit reserve build / (release)	(522		)	(367		)	(202		)	(405		)	(81		)	80	%	84	%	(1,778		)	(688		)	61	%
Provision for loan losses	1,575			1,881			1,755			1,515			1,582			4	%	—		4,947			4,852			(2	)%
Provison for Policyholder benefits and claims	205			206			197			181			189			4	%	(8	)%	595			567			(5	)%
Provision for unfunded lending commitments	(30		)	(74		)	(37		)	(48		)	65			NM		NM		(88		)	(20		)	77	%
Total provisions for credit losses and for benefits and claims	1,750			2,013			1,915			1,648			1,836			11	%	5	%	5,454			5,399			(1	)%

Operating Expenses
Compensation and benefits	6,114			5,807			5,520			5,483			5,321			(3	)%	(13	)%	18,152			16,324			(10	)%
Premises and Equipment	804			750			709			737			722			(2	)%	(10	)%	2,428			2,168			(11	)%
Technology / communication expense	1,630			1,657			1,600			1,656			1,628			(2	)%	—		4,779			4,884			2	%
Advertising and marketing expense	442			484			392			393			391			(1	)%	(12	)%	1,360			1,176			(14	)%
Other operating	3,965			5,728			2,663			2,659			2,607			(2	)%	(34	)%	13,906			7,929			(43	)%
Total operating expenses	12,955			14,426			10,884			10,928			10,669			(2	)%	(18	)%	40,625			32,481			(20	)%

Income from Continuing Operations before Income Taxes	4,984			1,460			6,937			6,894			6,187			(10	)%	24	%	13,241			20,018			51	%
Provision (benefits) for income taxes	2,068			1,077			2,120			2,036			1,881			(8	)%	(9	)%	6,120			6,037			(1	)%

Income from Continuing Operations	2,916			383			4,817			4,858			4,306			(11	)%	48	%	7,121			13,981			96	%
Discontinued Operations
Income (Loss) from Discontinued Operations	(25		)	(2		)	(8		)	9			(15		)	NM		40	%	12			(14		)	NM
Gain (Loss) on Sale	—			—			—			—			—			—		—		—			—			—
Provision (benefits) for income taxes	(9		)	(1		)	(3		)	3			(5		)	NM		44	%	13			(5		)	NM
Income (Loss) from Discontinued Operations, net of taxes	(16		)	(1		)	(5		)	6			(10		)	NM		38	%	(1		)	(9		)	NM

Net Income before Noncontrolling Interests	2,900			382			4,812			4,864			4,296			(12	)%	48	%	7,120			13,972			96	%

Net Income attributable to noncontrolling interests	59			38			42			18			5			(72	)%	(92	)%	154			65			(58	)%
Citigroup’s Net Income	$	2,841		$	344		$	4,770		$	4,846		$	4,291		(11	)%	51	%	$	6,966		$	13,907		100	%

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

CITIGROUP CONSOLIDATED BALANCE SHEET

(In millions of dollars)

																3Q15 Increase/
	September 30,			December 31,			March 31,			June 30,			September 30,			(Decrease) from
	2014			2014			2015			2015			2015 (1)			2Q15		3Q14
Assets
Cash and due from banks (including segregated cash and other deposits)	$	35,976		$	32,108		$	21,880		$	23,413		$	21,726		(7	)%	(40	)%
Deposits with banks	143,068			128,089			133,896			130,685			137,935			6	%	(4	)%
Fed funds sold and securities borr’d or purch under agree. to resell	245,462			242,570			239,015			237,054			231,695			(2	)%	(6	)%
Brokerage receivables	39,298			28,419			35,637			43,921			37,875			(14	)%	(4	)%
Trading account assets	290,822			296,786			302,983			279,197			266,946			(4	)%	(8	)%
Investments
Available-for-sale and non-marketable equity securities	309,009			309,522			303,561			301,955			308,499			2	%	—
Held-to-maturity	24,038			23,921			23,254			30,166			33,940			13	%	41	%
Total Investments	333,047			333,443			326,815			332,121			342,439			3	%	3	%
Loans, net of unearned income
Consumer	376,318			369,970			341,706			342,349			333,373			(3	)%	(11	)%
Corporate	277,508			274,665			279,348			289,769			289,071			—		4	%
Loans, net of unearned income	653,826			644,635			621,054			632,118			622,444			(2	)%	(5	)%
Allowance for loan losses	(16,915		)	(15,994		)	(14,598		)	(14,075		)	(13,626		)	3	%	19	%
Total loans, net	636,911			628,641			606,456			618,043			608,818			(1	)%	(4	)%
Goodwill	24,500			23,592			23,150			23,012			22,444			(2	)%	(8	)%
Intangible assets (other than MSRs)	4,525			4,566			4,244			4,071			3,880			(5	)%	(14	)%
Mortgage servicing rights (MSRs)	2,093			1,845			1,685			1,924			1,766			(8	)%	(16	)%
Other assets (2)	126,803			122,122			136,040			135,929			132,832			(2	)%	5	%
Total assets	$	1,882,505		$	1,842,181		$	1,831,801		$	1,829,370		$	1,808,356		(1	)%	(4	)%

Liabilities
Non-interest-bearing deposits in U.S. offices	$	128,243		$	128,958		$	136,568		$	135,013		$	141,425		5	%	10	%
Interest-bearing deposits in U.S. offices	285,604			284,978			275,423			268,947			267,057			(1	)%	(6	)%
Total U.S. Deposits	413,847			413,936			411,991			403,960			408,482			1	%	(1	)%
Non-interest-bearing deposits in offices outside the U.S.	71,228			70,925			71,653			72,629			73,188			1	%	3	%
Interest-bearing deposits in offices outside the U.S.	457,580			414,471			416,003			431,448			422,573			(2	)%	(8	)%
Total International Deposits	528,808			485,396			487,656			504,077			495,761			(2	)%	(6	)%

Total deposits (2)	942,655			899,332			899,647			908,037			904,243			—		(4	)%
Fed funds purch and securities loaned or sold under agree. to repurch.	175,732			173,438			175,371			177,012			168,604			(5	)%	(4	)%
Brokerage payables	59,428			52,180			58,252			54,867			59,557			9	%	—
Trading account liabilities	137,272			139,036			142,438			136,295			125,981			(8	)%	(8	)%
Short-term borrowings	64,838			58,335			39,405			25,907			23,715			(8	)%	(63	)%
Long-term debt	223,842			223,080			210,522			211,845			213,533			1	%	(5	)%
Other liabilities (2) (3)	65,191			85,084			90,143			94,582			90,586			(4	)%	39	%
Total liabilities	$	1,668,958		$	1,630,485		$	1,615,778		$	1,608,545		$	1,586,219		(1	)%	(5	)%

Equity
Stockholders’ equity
Preferred stock	$	8,968		$	10,468		$	11,968		$	13,968		$	15,218		9	%	70	%
Common stock	31			31			31			31			31			—		—
Additional paid-in capital	107,839			107,979			108,124			108,219			108,261			—		—
Retained earnings	117,697			117,852			122,463			126,954			130,921			3	%	11	%
Treasury stock	(2,631		)	(2,929		)	(3,275		)	(4,628		)	(6,326		)	(37	)%	NM
Accumulated other comprehensive income (loss)	(19,976		)	(23,216		)	(24,691		)	(25,104		)	(27,257		)	(9	)%	(36	)%
Total common equity	$	202,960		$	199,717		$	202,652		$	205,472		$	205,630		—		1	%

Total Citigroup stockholders’ equity	$	211,928		$	210,185		$	214,620		$	219,440		$	220,848		1	%	4	%
Noncontrolling interests	1,619			1,511			1,403			1,385			1,289			(7	)%	(20	)%
Total equity	213,547			211,696			216,023			220,825			222,137			1	%	4	%
Total liabilities and equity	$	1,882,505		$	1,842,181		$	1,831,801		$	1,829,370		$	1,808,356		(1	)%	(4	)%

(1) Preliminary

(2) See footnote 4 on page 1.

(3) Includes allowance for credit losses for letters of credit and unfunded lending commitments. See page 32 for amounts by period.

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

CITIGROUP
SEGMENT DETAIL
NET REVENUES
(In millions of dollars)

														3Q15 Increase/				Nine			Nine		YTD 2015 vs.
	3Q			4Q			1Q			2Q		3Q		(Decrease) from				Months			Months		YTD 2014 Increase/
	2014			2014			2015			2015		2015		2Q15		3Q14		2014			2015		(Decrease)
CITICORP
Global Consumer Banking
North America	$	4,996		$	5,096		$	4,994		$	4,823	$	4,821	—		(4	)%	$	14,573		$	14,638	—
Latin America	2,172			2,069			1,835			1,848		1,923		4	%	(11	)%	6,391			5,606		(12	)%
Asia (1)	2,033			1,863			1,833			1,878		1,716		(9	)%	(16	)%	6,025			5,427		(10	)%
Total	9,201			9,028			8,662			8,549		8,460		(1	)%	(8	)%	26,989			25,671		(5	)%

Institutional Clients Group
North America	3,219			2,457			3,303			3,285		3,273		—		2	%	9,934			9,861		(1	)%
EMEA	2,252			2,038			2,763			2,543		2,417		(5	)%	7	%	7,453			7,723		4	%
Latin America	1,014			971			1,065			1,111		1,069		(4	)%	5	%	3,264			3,245		(1	)%
Asia	1,851			1,694			1,897			1,939		1,838		(5	)%	(1	)%	5,241			5,674		8	%
Total	8,336			7,160			9,028			8,878		8,597		(3	)%	3	%	25,892			26,503		2	%

Corporate / Other	82			(93		)	212			370		218		(41	)%	NM		394			800		NM

Total Citicorp	17,619			16,095			17,902			17,797		17,275		(3	)%	(2	)%	53,275			52,974		(1	)%

Total Citi Holdings	2,070			1,804			1,834			1,673		1,417		(15	)%	(32	)%	6,045			4,924		(19	)%

Total Citigroup - Net Revenues	19,689			17,899			19,736			19,470		18,692		(4	)%	(5	)%	59,320			57,898		(2	)%

Credit valuation adjustments (CVA) on derivatives (counterparty and own-credit), net of hedges; funding valuation adjustments (FVA) on derivatives; and debt valuation adjustments (DVA) on Citigroup’s fair value option liabilities {collectively referred to as CVA/DVA} (2)	(371		)	7			(73		)	312		196		(37	)%	NM		(397		)	435		NM

Total Citigroup - Net Revenues - Excluding CVA/DVA (3)	$	20,060		$	17,892		$	19,809		$	19,158	$	18,496	(3	)%	(8	)%	$	59,717		$	57,463	(4	)%

(1) For reporting purposes, Asia GCB includes the results of operations of EMEA GCB for all periods presented.

(2) Included, as applicable, in Citicorp-Institutional Clients Group and Citi Holdings lines above.

(3) Presentation of this metric excluding CVA/DVA is a non-GAAP financial measure.

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

CITIGROUP
SEGMENT DETAIL
INCOME
(In millions of dollars)

															3Q15 Increase/				Nine			Nine			YTD 2015 vs.
	3Q			4Q			1Q			2Q		3Q			(Decrease) from				Months			Months			YTD 2014 Increase/
	2014			2014			2015			2015		2015			2Q15		3Q14		2014			2015			(Decrease)
Income from Continuing Operations:
CITICORP
Global Consumer Banking
North America	$	1,183		$	1,137		$	1,140		$	1,067	$	1,063		—		(10	)%	$	3,275		$	3,270		—
Latin America	329			263			244			225		312			39	%	(5	)%	895			781			(13	)%
Asia (1)	382			288			341			338		307			(9	)%	(20	)%	961			986			3	%
Total	1,894			1,688			1,725			1,630		1,682			3	%	(11	)%	5,131			5,037			(2	)%

Institutional Clients Group
North America	920			655			1,015			978		928			(5	)%	1	%	3,321			2,921			(12	)%
EMEA	477			223			857			684		522			(24	)%	9	%	1,839			2,063			12	%
Latin America	294			273			413			470		389			(17	)%	32	%	1,061			1,272			20	%
Asia	652			526			679			703		571			(19	)%	(12	)%	1,636			1,953			19	%
Total	2,343			1,677			2,964			2,835		2,410			(15	)%	3	%	7,857			8,209			4	%

Corporate / Other	(1,537		)	(3,066		)	(19		)	230		183			(20	)%	NM		(2,309		)	394			NM

Total Citicorp	2,700			299			4,670			4,695		4,275			(9	)%	58	%	10,679			13,640			28	%

Total Citi Holdings	216			84			147			163		31			(81	)%	(86	)%	(3,558		)	341			NM

Income From Continuing Operations	2,916			383			4,817			4,858		4,306			(11	)%	48	%	7,121			13,981			96	%

Discontinued Operations	(16		)	(1		)	(5		)	6		(10		)	NM		38	%	(1		)	(9		)	NM

Net Income Attributable to Noncontrolling Interests	59			38			42			18		5			(72	)%	(92	)%	154			65			(58	)%

Citigroup’s Net Income	$	2,841		$	344		$	4,770		$	4,846	$	4,291		(11	)%	51	%	$	6,966		$	13,907		100	%

CVA/DVA (after-tax) (2)	(228		)	4			(47		)	196		127			(35	)%	NM		(244		)	276			NM

Total Citigroup - Net Income - Excluding CVA/DVA (3)	$	3,069		$	340		$	4,817		$	4,650	$	4,164		(10	)%	36	%	$	7,210		$	13,631		89	%

(1) For reporting purposes, Asia GCB includes the results of operations of EMEA GCB for all periods presented.

(2) Included, as applicable, in Citicorp-Institutional Clients Group and Citi Holdings lines above.

(3) Presentation of this metric excluding CVA/DVA is a non-GAAP financial measure.

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

CITICORP
INCOME STATEMENT AND BALANCE SHEET DATA
(In millions of dollars, except as otherwise noted)

																3Q15 Increase/				Nine			Nine			YTD 2015 vs.
	3Q			4Q			1Q			2Q			3Q			(Decrease) from				Months			Months			YTD 2014 Increase/
	2014			2014			2015			2015			2015			2Q15		3Q14		2014			2015			(Decrease)
Revenues
Net interest revenue	$	11,068		$	11,042		$	10,517		$	10,821		$	10,799		—		(2	)%	$	32,360		$	32,137		(1	)%
Non-interest revenue	6,551			5,053			7,385			6,976			6,476			(7	)%	(1	)%	20,915			20,837			—
Total revenues, net of interest expense	17,619			16,095			17,902			17,797			17,275			(3	)%	(2	)%	53,275			52,974			(1	)%

Provisions for Credit Losses and for Benefits and Claims
Net credit losses	1,692			1,831			1,549			1,662			1,445			(13	)%	(15	)%	5,305			4,656			(12	)%
Credit reserve build / (release)	(387		)	(153		)	(6		)	(235		)	128			NM		NM		(1,085		)	(113		)	90	%
Provision for loan losses	1,305			1,678			1,543			1,427			1,573			10	%	21	%	4,220			4,543			8	%
Provision for benefits and claims	38			39			28			21			28			33	%	(26	)%	105			77			(27	)%
Provision for unfunded lending commitments	(27		)	(74		)	(32		)	(47		)	84			NM		NM		(78		)	5			NM
Total provisions for credit losses and for benefits and claims	1,316			1,643			1,539			1,401			1,685			20	%	28	%	4,247			4,625			9	%

Total operating expenses	11,609			13,123			9,727			9,824			9,524			(3	)%	(18	)%	32,239			29,075			(10	)%

Income from Continuing Operations before Income Taxes	4,694			1,329			6,636			6,572			6,066			(8	)%	29	%	16,789			19,274			15	%
Provision for income taxes	1,994			1,030			1,966			1,877			1,791			(5	)%	(10	)%	6,110			5,634			(8	)%

Income from Continuing Operations	2,700			299			4,670			4,695			4,275			(9	)%	58	%	10,679			13,640			28	%

Income (loss) from Discontinued Operations, net of taxes	(16		)	(1		)	(5		)	6			(10		)	NM		38	%	(1		)	(9		)	NM

Noncontrolling interests	55			38			41			18			5			(72	)%	(91	)%	148			64			(57	)%
Citicorp’s Net Income	$	2,629		$	260		$	4,624		$	4,683		$	4,260		(9	)%	62	%	$	10,530		$	13,567		29	%

Balance Sheet Data (in billions of dollars):

Total EOP Assets	$	1,746		$	1,713		$	1,710		$	1,713		$	1,698		(1	)%	(3	)%

Average Assets	$	1,752		$	1,768		$	1,728		$	1,722		$	1,705		(1	)%	(3	)%	$	1,748		$	1,718		(2	)%
Return on Average Assets	0.60		%	0.06		%	1.09		%	1.09		%	0.99		%					0.81		%	1.06		%
Efficiency Ratio (Operating Expenses/Total Revenues, net)	66		%	82		%	54		%	55		%	55		%					61		%	55		%
Total EOP Loans	$	569		$	565		$	559		$	573		$	567		(1	)%	—
Total EOP Deposits	$	898		$	883		$	888		$	900		$	897		—		—

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

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

																3Q15 Increase/				Nine			Nine			YTD 2015 vs.
	3Q			4Q			1Q			2Q			3Q			(Decrease) from				Months			Months			YTD 2014 Increase/
	2014			2014			2015			2015			2015			2Q15		3Q14		2014			2015			(Decrease)
Net Interest Revenue	$	7,120		$	7,070		$	6,701		$	6,692		$	6,731		1	%	(5	)%	$	20,854		$	20,124		(4	)%
Non-Interest Revenue	2,081			1,958			1,961			1,857			1,729			(7	)%	(17	)%	6,135			5,547			(10	)%
Total Revenues, Net of Interest Expense	9,201			9,028			8,662			8,549			8,460			(1	)%	(8	)%	26,989			25,671			(5	)%
Total Operating Expenses	4,975			4,985			4,552			4,618			4,483			(3	)%	(10	)%	14,966			13,653			(9	)%
Net Credit Losses	1,680			1,710			1,551			1,579			1,411			(11	)%	(16	)%	5,150			4,541			(12	)%
Credit Reserve Build / (Release)	(379		)	(254		)	(113		)	(103		)	(64		)	38	%	83	%	(894		)	(280		)	69	%
Provision for Unfunded Lending Commitments	(2		)	(15		)	(1		)	(1		)	1			NM		NM		(8		)	(1		)	88	%
Provision for Benefits and Claims	38			39			28			21			28			33	%	(26	)%	105			77			(27	)%
Provisions for Credit Losses and for Benefits and Claims (LLR & PBC)	1,337			1,480			1,465			1,496			1,376			(8	)%	3	%	4,353			4,337			—
Income from Continuing Operations before Taxes	2,889			2,563			2,645			2,435			2,601			7	%	(10	)%	7,670			7,681			—
Income Taxes	995			875			920			805			919			14	%	(8	)%	2,539			2,644			4	%
Income from Continuing Operations	1,894			1,688			1,725			1,630			1,682			3	%	(11	)%	5,131			5,037			(2	)%
Noncontrolling Interests	9			3			(5		)	5			8			60	%	(11	)%	22			8			(64	)%
Net Income	$	1,885		$	1,685		$	1,730		$	1,625		$	1,674		3	%	(11	)%	$	5,109		$	5,029		(2	)%
Average Assets (in billions of dollars)	$	410		$	406		$	394		$	394		$	387		(2	)%	(6	)%	$	408		$	392		(4	)%
Return on Average Assets (ROA)	1.82		%	1.65		%	1.78		%	1.65		%	1.72		%					1.68		%	1.72		%
Efficiency Ratio	54		%	55		%	53		%	54		%	53		%					55		%	53		%

Net Credit Losses as a % of Average Loans	2.28		%	2.34		%	2.22		%	2.24		%	2.01		%					2.37		%	2.16		%

Revenue by Business
Retail Banking	$	3,936		$	3,891		$	3,774		$	3,776		$	3,732		(1	)%	(5	)%	$	11,570		$	11,282		(2	)%
Cards (1)	5,265			5,137			4,888			4,773			4,728			(1	)%	(10	)%	15,419			14,389			(7	)%
Total	$	9,201		$	9,028		$	8,662		$	8,549		$	8,460		(1	)%	(8	)%	$	26,989		$	25,671		(5	)%

Net Credit Losses by Business
Retail Banking	$	325		$	388		$	294		$	315		$	279		(11	)%	(14	)%	$	978		$	888		(9	)%
Cards (1)	1,355			1,322			1,257			1,264			1,132			(10	)%	(16	)%	4,172			3,653			(12	)%
Total	$	1,680		$	1,710		$	1,551		$	1,579		$	1,411		(11	)%	(16	)%	$	5,150		$	4,541		(12	)%

Income (loss) from Continuing Operations by Business
Retail Banking	$	536		$	468		$	574		$	555		$	566		2	%	6	%	$	1,319		$	1,695		29	%
Cards (1)	1,358			1,220			1,151			1,075			1,116			4	%	(18	)%	3,812			3,342			(12	)%
Total	$	1,894		$	1,688		$	1,725		$	1,630		$	1,682		3	%	(11	)%	$	5,131		$	5,037		(2	)%

FX Translation Impact:
Total Revenue - as Reported	$	9,201		$	9,028		$	8,662		$	8,549		$	8,460		(1	)%	(8	)%	$	26,989		$	25,671		(5	)%
Impact of FX Translation (2)	(633		)	(444		)	(239		)	(219		)	—							(1,489		)	—
Total Revenues - Ex-FX (3)	$	8,568		$	8,584		$	8,423		$	8,330		$	8,460		2	%	(1	)%	$	25,500		$	25,671		1	%

Total Operating Expenses - as Reported	$	4,975		$	4,985		$	4,552		$	4,618		$	4,483		(3	)%	(10	)%	$	14,966		$	13,653		(9	)%
Impact of FX Translation (2)	(369		)	(262		)	(127		)	(123		)	—							(884		)	—
Total Operating Expenses - Ex-FX (3)	$	4,606		$	4,723		$	4,425		$	4,495		$	4,483		—		(3	)%	$	14,082		$	13,653		(3	)%

Total Provisions for LLR & PBC - as Reported	$	1,337		$	1,480		$	1,465		$	1,496		$	1,376		(8	)%	3	%	$	4,353		$	4,337		—
Impact of FX Translation (2)	(134		)	(110		)	(55		)	(44		)	—							(348		)	—
Total Provisions for LLR & PBC - Ex-FX (3)	$	1,203		$	1,370		$	1,410		$	1,452		$	1,376		(5	)%	14	%	$	4,005		$	4,337		8	%

Net Income - as Reported	$	1,885		$	1,685		$	1,730		$	1,625		$	1,674		3	%	(11	)%	$	5,109		$	5,029		(2	)%
Impact of FX Translation (2)	(81		)	(45		)	(38		)	(33		)	—							(155		)	—
Net Income - Ex-FX (3)	$	1,804		$	1,640		$	1,692		$	1,592		$	1,674		5	%	(7	)%	$	4,954		$	5,029		2	%

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

(2) Reflects the impact of foreign exchange (FX) translation into U.S. Dollars at the third quarter of 2015 average exchange rates for all periods presented.

(3) Presentation of this metric excluding FX translation is a non-GAAP financial measure.

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

CITICORP
GLOBAL CONSUMER BANKING
Page 2

																3Q15 Increase/
	3Q			4Q			1Q			2Q			3Q			(Decrease) from
	2014			2014			2015			2015			2015			2Q15		3Q14

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

Branches (actual)	3,284			3,129			3,027			3,015			3,004			—		(9	)%
Accounts (in millions)	60.3			59.8			59.2			59.4			60.2			1	%	—
Average Deposits	$	306.4		$	302.7		$	302.2		$	302.1		$	298.5		(1	)%	(3	)%
Investment Sales	$	29.5		$	23.8		$	26.5		$	26.9		$	20.9		(22	)%	(29	)%
Investment Assets under Management (AUMs)	$	168.2		$	163.3		$	161.8		$	163.3		$	152.1		(7	)%	(10	)%
Average Loans	$	154.2		$	152.6		$	148.3		$	149.8		$	146.7		(2	)%	(5	)%
EOP Loans:
Real Estate Lending	$	81.5		$	79.7		$	79.5		$	80.4		$	79.3		(1	)%	(3	)%
Commercial Markets	41.1			39.1			38.2			38.6			36.8			(5	)%	(10	)%
Personal and Other	31.3			30.4			30.2			30.8			29.8			(3	)%	(5	)%
EOP Loans	$	153.9		$	149.2		$	147.9		$	149.8		$	145.9		(3	)%	(5	)%

Net Interest Revenue (in millions) (1)	$	2,483		$	2,461		$	2,315		$	2,364		$	2,339		(1	)%	(6	)%
As a % of Average Loans	6.39		%	6.40		%	6.33		%	6.33		%	6.33		%

Net Credit Losses (in millions)	$	325		$	388		$	294		$	315		$	279		(11	)%	(14	)%
As a % of Average Loans	0.84		%	1.01		%	0.80		%	0.84		%	0.75		%
Loans 90+ Days Past Due (in millions) (2) (3)	$	964		$	816		$	617		$	636		$	595		(6	)%	(38	)%
As a % of EOP Loans	0.63		%	0.55		%	0.42		%	0.43		%	0.41		%
Loans 30-89 Days Past Due (in millions) (2)	$	912		$	854		$	845		$	797		$	806		1	%	(12	)%
As a % of EOP Loans	0.60		%	0.58		%	0.58		%	0.53		%	0.56		%

Cards Key Indicators (in millions of dollars, except as otherwise noted)
EOP Open Accounts (in millions)	$	136.1		$	137.0		$	136.3		$	136.6		$	137.8		1	%	1	%
Purchase Sales (in billions)	$	90.6		$	96.7		$	82.5		$	92.0		$	90.9		(1	)%	—

Average Loans (in billions) (4)	$	138.0		$	137.8		$	134.8		$	132.4		$	131.8		—		(4	)%
EOP Loans (in billions) (4)	$	138.1		$	141.9		$	132.2		$	134.1		$	132.4		(1	)%	(4	)%
Average Yield (5)	13.55		%	13.47		%	13.51		%	13.46		%
Net Interest Revenue (6)	$	4,637		$	4,609		$	4,386		$	4,328		$	4,392		1	%	(5	)%
As a % of Average Loans (6)	13.33		%	13.27		%	13.20		%	13.11		%	13.22		%
Net Credit Losses	$	1,355		$	1,322		$	1,257		$	1,264		$	1,132		(10	)%	(16	)%
As a % of Average Loans	3.90		%	3.81		%	3.78		%	3.83		%	3.41		%
Net Credit Margin (7)	$	3,898		$	3,804		$	3,621		$	3,499		$	3,585		2	%	(8	)%
As a % of Average Loans (7)	11.21		%	10.95		%	10.89		%	10.60		%	10.79		%
Loans 90+ Days Past Due	$	1,690		$	1,750		$	1,628		$	1,498		$	1,490		(1	)%	(12	)%
As a % of EOP Loans	1.22		%	1.23		%	1.23		%	1.12		%	1.13		%
Loans 30-89 Days Past Due	$	1,894		$	1,834		$	1,666		$	1,590		$	1,701		7	%	(10	)%
As a % of EOP Loans	1.37		%	1.29		%	1.26		%	1.19		%	1.28		%

(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 1 on page 10.

(3) The fourth quarter of 2014 reflects a $71 million charge-off related to Citi’s homebuilder exposure in Mexico, which was offset by a related release of previously established loan loss reserves, and therefore neutral to the cost of credit during the quarter. The charge-off reduced Loans 90+ Days Past Due by the same amount.

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

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

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

(7) 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.

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

																3Q15 Increase/				Nine			Nine			YTD 2015 vs.
	3Q			4Q			1Q			2Q			3Q			(Decrease) from				Months			Months			YTD 2014 Increase/
	2014			2014			2015			2015			2015			2Q15		3Q14		2014			2015			(Decrease)

Net Interest Revenue	$	4,363		$	4,442		$	4,305		$	4,280		$	4,423		3	%	1	%	$	12,761		$	13,008		2	%
Non-Interest Revenue	633			654			689			543			398			(27	)%	(37	)%	1,812			1,630			(10	)%
Total Revenues, Net of Interest Expense	4,996			5,096			4,994			4,823			4,821			—		(4	)%	14,573			14,638			—
Total Operating Expenses	2,411			2,507			2,292			2,267			2,270			—		(6	)%	7,199			6,829			(5	)%
Net Credit Losses	1,019			1,013			961			1,000			878			(12	)%	(14	)%	3,193			2,839			(11	)%
Credit Reserve Build / (Release)	(341		)	(233		)	(100		)	(109		)	(61		)	44	%	82	%	(1,009		)	(270		)	73	%
Provision for Unfunded Lending Commitments	—			(11		)	1			—			—			—		—		3			1			(67	)%
Provision for Benefits and Claims	12			10			10			9			11			22	%	(8	)%	30			30			—
Provisions for Loan Losses and for Benefits and Claims	690			779			872			900			828			(8	)%	20	%	2,217			2,600			17	%
Income from Continuing Operations before Taxes	1,895			1,810			1,830			1,656			1,723			4	%	(9	)%	5,157			5,209			1	%
Income Taxes (benefits)	712			673			690			589			660			12	%	(7	)%	1,882			1,939			3	%
Income from Continuing Operations	1,183			1,137			1,140			1,067			1,063			—		(10	)%	3,275			3,270			—
Noncontrolling Interests	—			—			—			(1		)	1			NM		100	%	(1		)	—			100	%
Net Income	$	1,183		$	1,137		$	1,140		$	1,068		$	1,062		(1	)%	(10	)%	$	3,276		$	3,270		—
Average Assets (in billions of dollars)	$	211		$	213		$	208		$	206		$	208		1	%	(1	)%	$	210		$	207		(1	)%
Return on Average Assets	2.22		%	2.12		%	2.22		%	2.08		%	2.03		%					2.09		%	2.11		%
Efficiency Ratio	48		%	49		%	46		%	47		%	47		%					49		%	47		%

Net Credit Losses as a % of Average Loans	2.59		%	2.55		%	2.51		%	2.59		%	2.22		%					2.75		%	2.44		%

Revenue by Business
Retail Banking	$	1,232		$	1,364		$	1,348		$	1,307		$	1,275		(2	)%	3	%	$	3,553		$	3,930		11	%
Citi-Branded Cards	2,118			2,122			2,009			1,933			1,930			—		(9	)%	6,168			5,872			(5	)%
Citi Retail Services	1,646			1,610			1,637			1,583			1,616			2	%	(2	)%	4,852			4,836			—
Total	$	4,996		$	5,096		$	4,994		$	4,823		$	4,821		—		(4	)%	$	14,573		$	14,638		—

Net Credit Losses by Business
Retail Banking	$	36		$	36		$	36		$	40		$	34		(15	)%	(6	)%	$	107		$	110		3	%
Citi-Branded Cards	526			514			492			503			443			(12	)%	(16	)%	1,683			1,438			(15	)%
Citi Retail Services	457			463			433			457			401			(12	)%	(12	)%	1,403			1,291			(8	)%
Total	$	1,019		$	1,013		$	961		$	1,000		$	878		(12	)%	(14	)%	$	3,193		$	2,839		(11	)%

Income (loss) from Continuing Operations by Business
Retail Banking	$	107		$	140		$	197		$	189		$	144		(24	)%	35	%	$	215		$	530		NM
Citi-Branded Cards	636			636			539			499			522			5	%	(18	)%	1,755			1,560			(11	)%
Citi Retail Services	440			361			404			379			397			5	%	(10	)%	1,305			1,180			(10	)%
Total	$	1,183		$	1,137		$	1,140		$	1,067		$	1,063		—		(10	)%	$	3,275		$	3,270		—

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

CITICORP
GLOBAL CONSUMER BANKING
NORTH AMERICA
Page 2

																3Q15 Increase/
	3Q			4Q			1Q			2Q			3Q			(Decrease) from
	2014			2014			2015			2015			2015			2Q15		3Q14

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

Branches (actual)	895			849			788			779			779			—		(13	)%
Accounts (in millions)	11.9			11.7			11.3			11.2			11.0			(2	)%	(8	)%
Investment Sales	$	3.6		$	4.0		$	4.5		$	3.9		$	3.4		(13	)%	(6	)%
Investment AUMs	$	35.8		$	36.2		$	37.0		$	36.9		$	35.2		(5	)%	(2	)%

Average Deposits	$	170.4		$	170.6		$	171.6		$	170.9		$	172.3		1	%	1	%

Average Loans	$	46.9		$	48.3		$	47.5		$	49.0		$	50.0		2	%	7	%

EOP Loans:
Real Estate Lending	$	37.6		$	36.7		$	37.8		$	38.9		$	40.6		4	%	8	%
Commercial Markets	8.6			8.6			8.5			8.5			8.2			(4	)%	(5	)%
Personal and Other	1.3			1.5			1.5			1.4			1.8			29	%	38	%
Total EOP Loans	$	47.5		$	46.8		$	47.8		$	48.8		$	50.6		4	%	7	%

Mortgage Originations	$	7.1		$	6.7		$	7.0		$	8.8		$	7.5		(15	)%	6	%

Third Party Mortgage Servicing Portfolio (EOP)	$	173.0		$	171.9		$	168.2		$	165.0		$	162.6		(1	)%	(6	)%

Net Servicing & Gain/(Loss) on Sale (in millions)	$	132.4		$	255.6		$	168.7		$	179.4		$	107.2		(40	)%	(19	)%

Saleable Mortgage Rate Locks	$	4.4		$	3.8		$	4.4		$	5.0		$	3.9		(22	)%	(11	)%

Net Interest Revenue on Loans (in millions)	$	255		$	271		$	248		$	266		$	262		(2	)%	3	%
As a % of Avg. Loans	2.16		%	2.23		%	2.12		%	2.18		%	2.08		%

Net Credit Losses (in millions)	$	36		$	36		$	36		$	40		$	34		(15	)%	(6	)%
As a % of Avg. Loans	0.30		%	0.30		%	0.31		%	0.33		%	0.27		%

Loans 90+ Days Past Due (in millions) (1)	$	229		$	225		$	123		$	150		$	138		(8	)%	(40	)%
As a % of EOP Loans	0.49		%	0.49		%	0.26		%	0.31		%	0.28		%
Loans 30-89 Days Past Due (in millions) (1)	$	213		$	212		$	203		$	176		$	198		13	%	(7	)%
As a % of EOP Loans	0.46		%	0.46		%	0.43		%	0.37		%	0.40		%

(1) 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 $604 million and ($1.1 billion), $562 million and ($1.1 billion), $534 million and ($1.1 billion), $423 million and ($0.8 billion), and $498 million and ($0.9 billion) as of September 30, 2014, December 31, 2014, March 31, 2015, June 30, 2015 and September 30, 2015, respectively.

The amounts excluded for Loans 30-89 Days Past Due and (EOP Loans) were $126 million and ($1.1 billion), $122 million and ($1.1 billion), $111 million and ($1.1 billion), $75 million and ($0.8 billion) and $79 million and ($0.9 billion) as of September 30, 2014, December 31, 2014, March 31, 2015, June 30, 2015 and September 30, 2015, respectively.

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

CITICORP
GLOBAL CONSUMER BANKING
NORTH AMERICA
Page 3

																3Q15 Increase/
	3Q			4Q			1Q			2Q			3Q			(Decrease) from
	2014			2014			2015			2015			2015			2Q15		3Q14
Citi-Branded Cards Key Indicators (in millions of dollars, except as otherwise noted) (1)
EOP Open Accounts (in millions)	23.5			23.6			23.7			23.2			23.3			—		(1	)%
Purchase Sales (in billions)	$	43.3		$	45.1		$	40.9		$	46.1		$	46.6		1	%	8	%

Average Loans (in billions) (1)	$	66.1		$	65.7		$	64.1		$	63.2		$	63.9		1	%	(3	)%

EOP Loans (in billions) (1)	$	66.5		$	67.5		$	63.5		$	64.5		$	64.8		—		(3	)%

Average Yield (2)	10.38		%	10.35		%	10.48		%	10.39		%	10.28		%
Net Interest Revenue (3)	$	1,681		$	1,679		$	1,607		$	1,582		$	1,618		2	%	(4	)%
As a % of Avg. Loans (3)	10.09		%	10.14		%	10.17		%	10.04		%	10.05		%
Net Credit Losses	$	526		$	514		$	492		$	503		$	443		(12	)%	(16	)%
As a % of Average Loans	3.16		%	3.10		%	3.11		%	3.19		%	2.75		%
Net Credit Margin (4)	$	1,588		$	1,605		$	1,513		$	1,426		$	1,482		4	%	(7	)%
As a % of Avg. Loans (4)	9.53		%	9.69		%	9.57		%	9.05		%	9.20		%
Loans 90+ Days Past Due	$	559		$	593		$	569		$	495		$	491		(1	)%	(12	)%
As a % of EOP Loans	0.84		%	0.88		%	0.90		%	0.77		%	0.76		%
Loans 30-89 Days Past Due	$	566		$	568		$	497		$	462		$	504		9	%	(11	)%
As a % of EOP Loans	0.85		%	0.84		%	0.78		%	0.72		%	0.78		%

Citi Retail Services Key Indicators (in millions of dollars, except as otherwise noted) (1)
EOP Open Accounts	87.2			88.1			87.3			88.1			89.5			2	%	3	%
Purchase Sales (in billions)	$	19.7		$	23.5		$	16.5		$	20.2		$	19.8		(2	)%	1	%

Average Loans (in billions) (1)	$	42.9		$	43.9		$	43.9		$	42.6		$	43.1		1	%	—

EOP Loans (in billions) (1)	$	43.0		$	46.5		$	42.4		$	43.2		$	43.1		—		—

Average Yield (2)	16.89		%	16.80		%	16.96		%	17.00		%	16.94		%
Net Interest Revenue (3)	$	1,884		$	1,923		$	1,885		$	1,843		$	1,925		4	%	2	%
As a % of Avg. Loans (3)	17.42		%	17.38		%	17.41		%	17.35		%	17.72		%
Net Credit Losses	$	457		$	463		$	433		$	457		$	401		(12	)%	(12	)%
As a % of Average Loans	4.23		%	4.18		%	4.00		%	4.30		%	3.69		%
Net Credit Margin (4)	$	1,181		$	1,139		$	1,198		$	1,120		$	1,209		8	%	2	%
As a % of Avg. Loans (4)	10.92		%	10.29		%	11.07		%	10.55		%	11.13		%
Loans 90+ Days Past Due	$	630		$	678		$	629		$	567		$	621		10	%	(1	)%
As a % of EOP Loans	1.47		%	1.46		%	1.48		%	1.31		%	1.44		%
Loans 30-89 Days Past Due	$	729		$	748		$	673		$	652		$	758		16	%	4	%
As a % of EOP Loans	1.70		%	1.61		%	1.59		%	1.51		%	1.76		%

(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.

Reclassified to conform to the current period’s presentation.

CITICORP

GLOBAL CONSUMER BANKING

LATIN AMERICA - PAGE 1

(In millions of dollars, except as otherwise noted)

																3Q15 Increase/				Nine			Nine			YTD 2015 vs.
	3Q			4Q			1Q			2Q			3Q			(Decrease) from				Months			Months			YTD 2014 Increase/
	2014			2014			2015			2015			2015			2Q15		3Q14		2014			2015			(Decrease)

Net Interest Revenue	$	1,472		$	1,404		$	1,242		$	1,241		$	1,187		(4	)%	(19	)%	$	4,268		$	3,670		(14	)%
Non-Interest Revenue	700			665			593			607			736			21	%	5	%	2,123			1,936			(9	)%
Total Revenues, Net of Interest Expense	2,172			2,069			1,835			1,848			1,923			4	%	(11	)%	6,391			5,606			(12	)%
Total Operating Expenses	1,272			1,245			1,080			1,162			1,080			(7	)%	(15	)%	3,729			3,322			(11	)%
Net Credit Losses	460			511			417			392			355			(9	)%	(23	)%	1,350			1,164			(14	)%
Credit Reserve Build / (Release)	(4		)	(36		)	22			7			61			NM		NM		156			90			(42	)%
Provision for Unfunded Lending Commitments	(1		)	—			(3		)	3			1			(67	)%	NM		(1		)	1			NM
Provision for Benefits and Claims	26			29			18			12			17			42	%	(35	)%	75			47			(37	)%
Provisions for Credit Losses and for Benefits and Claims (LLR & PBC)	481			504			454			414			434			5	%	(10	)%	1,580			1,302			(18	)%
Income from Continuing Operations before Taxes	419			320			301			272			409			50	%	(2	)%	1,082			982			(9	)%
Income Taxes	90			57			57			47			97			NM		8	%	187			201			7	%
Income from Continuing Operations	329			263			244			225			312			39	%	(5	)%	895			781			(13	)%
Noncontrolling Interests	2			—			—			2			1			(50	)%	(50	)%	6			3			(50	)%
Net Income	$	327		$	263		$	244		$	223		$	311		39	%	(5	)%	$	889		$	778		(12	)%
Average Assets (in billions of dollars)	$	76		$	73		$	68		$	66		$	60		(9	)%	(21	)%	$	76		$	65		(14	)%
Return on Average Assets (1)	1.71		%	1.43		%	1.46		%	1.36		%	2.06		%					1.58		%	1.60		%
Efficiency Ratio	59		%	60		%	59		%	63		%	56		%					58		%	59		%

Net Credit Losses as a % of Average Loans (1)	4.75		%	5.51		%	4.90		%	4.60		%	4.42		%					4.76		%	4.65		%

Revenue by Business
Retail Banking	$	1,452		$	1,375		$	1,251		$	1,269		$	1,369		8	%	(6	)%	$	4,303		$	3,889		(10	)%
Citi-Branded Cards	720			694			584			579			554			(4	)%	(23	)%	2,088			1,717			(18	)%
Total	$	2,172		$	2,069		$	1,835		$	1,848		$	1,923		4	%	(11	)%	$	6,391		$	5,606		(12	)%

Net Credit Losses by Business
Retail Banking	$	210		$	278		$	188		$	196		$	168		(14	)%	(20	)%	$	629		$	552		(12	)%
Citi-Branded Cards	250			233			229			196			187			(5	)%	(25	)%	721			612			(15	)%
Total	$	460		$	511		$	417		$	392		$	355		(9	)%	(23	)%	$	1,350		$	1,164		(14	)%

Income (loss) from Continuing Operations by Business
Retail Banking	$	189		$	141		$	154		$	143		$	235		64	%	24	%	$	599		$	532		(11	)%
Citi-Branded Cards	140			122			90			82			77			(6	)%	(45	)%	296			249			(16	)%
Total	$	329		$	263		$	244		$	225		$	312		39	%	(5	)%	$	895		$	781		(13	)%

FX Translation Impact:
Total Revenue - as Reported	$	2,172		$	2,069		$	1,835		$	1,848		$	1,923		4	%	(11	)%	$	6,391		$	5,606		(12	)%
Impact of FX Translation (1)	(433		)	(323		)	(173		)	(145		)	—							(1,028		)	—
Total Revenues - Ex-FX (2)	$	1,739		$	1,746		$	1,662		$	1,703		$	1,923		13	%	11	%	$	5,363		$	5,606		5	%

Total Operating Expenses - as Reported	$	1,272		$	1,245		$	1,080		$	1,162		$	1,080		(7	)%	(15	)%	$	3,729		$	3,322		(11	)%
Impact of FX Translation (1)	(234		)	(175		)	(87		)	(71		)	—							(544		)	—
Total Operating Expenses - Ex-FX (2)	$	1,038		$	1,070		$	993		$	1,091		$	1,080		(1	)%	4	%	$	3,185		$	3,322		4	%

Provisions for LLR & PBC - as Reported	$	481		$	504		$	454		$	414		$	434		5	%	(10	)%	$	1,580		$	1,302		(18	)%
Impact of FX Translation (1)	(107		)	(87		)	(47		)	(33		)	—							(279		)	—
Provisions for LLR & PBC - Ex-FX (2)	$	374		$	417		$	407		$	381		$	434		14	%	16	%	$	1,301		$	1,302		—

Net Income - as Reported	$	327		$	263		$	244		$	223		$	311		39	%	(5	)%	$	889		$	778		(12	)%
Impact of FX Translation (1)	(62		)	(38		)	(28		)	(29		)	—							(138		)	—
Net Income - Ex-FX (2)	$	265		$	225		$	216		$	194		$	311		60	%	17	%	$	751		$	778		4	%

(1) Reflects the impact of foreign exchange (FX) translation into U.S. Dollars at the third quarter of 2015 average exchange rates for all periods presented.

(2) Presentation of this metric excluding FX translation is a non-GAAP financial measure.

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

CITICORP

GLOBAL CONSUMER BANKING

LATIN AMERICA - PAGE 2

																3Q15 Increase/
	3Q			4Q			1Q			2Q			3Q			(Decrease) from
	2014			2014			2015			2015			2015			2Q15		3Q14

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

Branches (actual)	1,843			1,744			1,700			1,699			1,697			—		(8	)%
Accounts (in millions)	30.8			30.6			30.5			30.7			31.5			3	%	2	%
Average Deposits	$	45.0		$	43.9		$	42.2		$	41.7		$	39.6		(5	)%	(12	)%
Investment Sales	$	14.9		$	11.9		$	11.0		$	10.0		$	9.3		(7	)%	(38	)%
Investment AUMs	$	74.3		$	68.8		$	65.9		$	66.2		$	61.7		(7	)%	(17	)%
Average Loans	$	28.5		$	27.2		$	25.7		$	25.7		$	24.2		(6	)%	(15	)%
EOP Loans:
Real Estate Lending	$	5.5		$	5.0		$	4.9		$	4.8		$	4.3		(10	)%	(22	)%
Commercial Markets	12.1			11.3			11.0			11.2			10.5			(6	)%	(13	)%
Personal and Other	10.6			9.9			9.7			9.7			9.1			(6	)%	(14	)%
Total EOP Loans	$	28.2		$	26.2		$	25.6		$	25.7		$	23.9		(7	)%	(15	)%

Net Interest Revenue (in millions) (1)	$	929		$	895		$	815		$	813		$	784		(4	)%	(16	)%
As a % of Average Loans (1)	12.93		%	13.05		%	12.86		%	12.69		%	12.85		%
Net Credit Losses (in millions)	$	210		$	278		$	188		$	196		$	168		(14	)%	(20	)%
As a % of Average Loans	2.92		%	4.05		%	2.97		%	3.06		%	2.75		%
Loans 90+ Days Past Due (in millions) (2)	$	515		$	397		$	306		$	296		$	274		(7	)%	(47	)%
As a % of EOP Loans (2)	1.83		%	1.52		%	1.20		%	1.15		%	1.15		%
Loans 30-89 Days Past Due (in millions)	$	302		$	290		$	282		$	266		$	280		5	%	(7	)%
As a % of EOP Loans	1.07		%	1.11		%	1.10		%	1.04		%	1.17		%

Citi-Branded Cards Key Indicators (in billions of dollars, except as otherwise noted)
EOP Open Accounts (in millions)	8.2			8.1			8.1			8.0			7.9			(1	)%	(4	)%
Purchase Sales (in billions)	$	7.4		$	7.6		$	6.4		$	6.5		$	6.3		(3	)%	(15	)%
Average Loans (in billions) (3)	$	9.9		$	9.6		$	8.8		$	8.5		$	7.7		(9	)%	(22	)%
EOP Loans (in billions) (3)	$	9.8		$	9.3		$	8.5		$	8.3		$	7.5		(10	)%	(23	)%
Average Yield (4)	21.14		%	20.73		%	20.10		%	20.72		%	21.05		%	2	%	—

Net Interest Revenue (in millions) (5)	$	543		$	509		$	427		$	428		$	403		(6	)%	(26	)%
As a % of Average Loans (5)	21.76		%	21.04		%	19.68		%	20.20		%	20.76		%
Net Credit Losses (in millions)	$	250		$	233		$	229		$	196		$	187		(5	)%	(25	)%
As a % of Average Loans	10.02		%	9.63		%	10.55		%	9.25		%	9.64		%
Net Credit Margin (in millions) (6)	$	470		$	461		$	355		$	383		$	367		(4	)%	(22	)%
As a % of Average Loans (6)	18.84		%	19.05		%	16.36		%	18.07		%	18.91		%
Loans 90+ Days Past Due (in millions)	$	294		$	284		$	240		$	245		$	207		(16	)%	(30	)%
As a % of EOP Loans	3.00		%	3.05		%	2.82		%	2.95		%	2.76		%
Loans 30-89 Days Past Due (in millions)	$	322		$	262		$	247		$	229		$	219		(4	)%	(32	)%
As a % of EOP Loans	3.29		%	2.82		%	2.91		%	2.76		%	2.92		%

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

(2) See footnote 3 on page 8.

(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.

CITICORP

GLOBAL CONSUMER BANKING

ASIA (1) - PAGE 1

(In millions of dollars, except as otherwise noted)

																3Q15 Increase/				Nine			Nine			YTD 2015 vs.
	3Q			4Q			1Q			2Q			3Q			(Decrease) from				Months			Months			YTD 2014 Increase/
	2014			2014			2015			2015			2015			2Q15		3Q14		2014			2015			(Decrease)

Net Interest Revenue	$	1,285		$	1,224		$	1,154		$	1,171		$	1,121		(4	)%	(13	)%	$	3,825		$	3,446		(10	)%
Non-Interest Revenue	748			639			679			707			595			(16	)%	(20	)%	2,200			1,981			(10	)%
Total Revenues, Net of Interest Expense	2,033			1,863			1,833			1,878			1,716			(9	)%	(16	)%	6,025			5,427			(10	)%
Total Operating Expenses	1,292			1,233			1,180			1,189			1,133			(5	)%	(12	)%	4,038			3,502			(13	)%
Net Credit Losses	201			186			173			187			178			(5	)%	(11	)%	607			538			(11	)%
Credit Reserve Build / (Release)	(34		)	15			(35		)	(1		)	(64		)	NM		(88	)%	(41		)	(100		)	NM
Provision for Unfunded Lending Commitments	(1		)	(4		)	1			(4		)	—			100	%	100	%	(10		)	(3		)	70	%
Provision for Benefits and Claims	—			—			—			—			—			—		—		—			—			—
Provisions for Credit Losses and for Benefits and Claims (LLR & PBC)	166			197			139			182			114			(37	)%	(31	)%	556			435			(22	)%
Income from Continuing Operations before Taxes	575			433			514			507			469			(7	)%	(18	)%	1,431			1,490			4	%
Income Taxes	193			145			173			169			162			(4	)%	(16	)%	470			504			7	%
Income from Continuing Operations	382			288			341			338			307			(9	)%	(20	)%	961			986			3	%
Noncontrolling Interests	7			3			(5		)	4			6			50	%	(14	)%	17			5			(71	)%
Net Income	$	375		$	285		$	346		$	334		$	301		(10	)%	(20	)%	$	944		$	981		4	%
Average Assets (in billions of dollars)	$	123		$	120		$	118		$	122		$	119		(2	)%	(3	)%	$	122		$	120		(2	)%
Return on Average Assets	1.21		%	0.94		%	1.19		%	1.10		%	1.00		%					1.03		%	1.09		%
Efficiency Ratio	64		%	66		%	64		%	63		%	66		%					67		%	65		%

Net Credit Losses as a % of Average Loans	0.81		%	0.77		%	0.75		%	0.80		%	0.79		%					0.84		%	0.78		%

Revenue by Business
Retail Banking	$	1,252		$	1,152		$	1,175		$	1,200		$	1,088		(9	)%	(13	)%	$	3,714		$	3,463		(7	)%
Citi-Branded Cards	781			711			658			678			628			(7	)%	(20	)%	2,311			1,964			(15	)%
Total	$	2,033		$	1,863		$	1,833		$	1,878		$	1,716		(9	)%	(16	)%	$	6,025		$	5,427		(10	)%

Net Credit Losses by Business
Retail Banking	$	79		$	74		$	70		$	79		$	77		(3	)%	(3	)%	$	242		$	226		(7	)%
Citi-Branded Cards	122			112			103			108			101			(6	)%	(17	)%	365			312			(15	)%
Total	$	201		$	186		$	173		$	187		$	178		(5	)%	(11	)%	$	607		$	538		(11	)%

Income from Continuing Operations by Business
Retail Banking	$	240		$	187		$	223		$	223		$	187		(16	)%	(22	)%	$	505		$	633		25	%
Citi-Branded Cards	142			101			118			115			120			4	%	(15	)%	456			353			(23	)%
Total	$	382		$	288		$	341		$	338		$	307		(9	)%	(20	)%	$	961		$	986		3	%

FX Translation Impact:
Total Revenue - as Reported	$	2,033		$	1,863		$	1,833		$	1,878		$	1,716		(9	)%	(16	)%	$	6,025		$	5,427		(10	)%
Impact of FX Translation (2)	(200		)	(121		)	(66		)	(74		)	—							(461		)	—
Total Revenues - Ex-FX (3)	$	1,833		$	1,742		$	1,767		$	1,804		$	1,716		(5	)%	(6	)%	$	5,564		$	5,427		(2	)%

Total Operating Expenses - as Reported	$	1,292		$	1,233		$	1,180		$	1,189		$	1,133		(5	)%	(12	)%	$	4,038		$	3,502		(13	)%
Impact of FX Translation (2)	(135		)	(87		)	(40		)	(52		)	—							(340		)	—
Total Operating Expenses - Ex-FX (3)	$	1,157		$	1,146		$	1,140		$	1,137		$	1,133		—		(2	)%	$	3,698		$	3,502		(5	)%

Provisions for LLR & PBC - as Reported	$	166		$	197		$	139		$	182		$	114		(37	)%	(31	)%	$	556		$	435		(22	)%
Impact of FX Translation (2)	(27		)	(23		)	(8		)	(11		)	—							(69		)	—
Provisions for LLR & PBC - Ex-FX (3)	$	139		$	174		$	131		$	171		$	114		(33	)%	(18	)%	$	487		$	435		(11	)%

Net Income - as Reported	$	375		$	285		$	346		$	334		$	301		(10	)%	(20	)%	$	944		$	981		4	%
Impact of FX Translation (2)	(19		)	(7		)	(10		)	(4		)	—							(17		)	—
Net Income - Ex-FX (3)	$	356		$	278		$	336		$	330		$	301		(9	)%	(15	)%	$	927		$	981		6	%

(1) For reporting purposes, Asia GCB includes the results of operations of EMEA GCB for all periods presented.

(2) Reflects the impact of foreign exchange (FX) translation into U.S. Dollars at the third quarter of 2015 average exchange rates for all periods presented.

(3) Presentation of this metric excluding FX translation is a non-GAAP financial measure.

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

CITICORP
GLOBAL CONSUMER BANKING
ASIA (1) - PAGE 2

																3Q15 Increase/
	3Q			4Q			1Q			2Q			3Q			(Decrease) from
	2014			2014			2015			2015			2015			2Q15		3Q14

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

Branches (actual)	546			536			539			537			528			(2	)%	(3	)%
Accounts (in millions)	17.6			17.5			17.4			17.5			17.7			1	%	1	%
Average Deposits	$	91.0		$	88.2		$	88.4		$	89.5		$	86.6		(3	)%	(5	)%
Investment Sales	$	11.0		$	7.9		$	11.0		$	13.0		$	8.2		(37	)%	(25	)%
Investment AUMs	$	58.1		$	58.3		$	58.9		$	60.2		$	55.2		(8	)%	(5	)%
Average Loans	$	78.8		$	77.1		$	75.1		$	75.1		$	72.5		(3	)%	(8	)%
EOP Loans:
Real Estate Lending	$	38.4		$	38.0		$	36.8		$	36.7		$	34.4		(6	)%	(10	)%
Commercial Markets	20.4			19.2			18.7			18.9			18.1			(4	)%	(11	)%
Personal and Other	19.4			19.0			19.0			19.7			18.9			(4	)%	(3	)%
Total EOP Loans	$	78.2		$	76.2		$	74.5		$	75.3		$	71.4		(5	)%	(9	)%

Net Interest Revenue (in millions) (2)	$	756		$	726		$	687		$	696		$	675		(3	)%	(11	)%
As a % of Average Loans (2)	3.81		%	3.74		%	3.71		%	3.72		%	3.69		%
Net Credit Losses (in millions)	$	79		$	74		$	70		$	79		$	77		(3	)%	(3	)%
As a % of Average Loans	0.40		%	0.38		%	0.38		%	0.42		%	0.42		%
Loans 90+ Days Past Due (in millions)	$	220		$	194		$	188		$	190		$	183		(4	)%	(17	)%
As a % of EOP Loans	0.28		%	0.25		%	0.25		%	0.25		%	0.26		%
Loans 30-89 Days Past Due (in millions)	$	397		$	352		$	360		$	355		$	328		(8	)%	(17	)%
As a % of EOP Loans	0.51		%	0.46		%	0.48		%	0.47		%	0.46		%

Citi-Branded Cards Key Indicators (in billions of dollars, except as otherwise noted)
EOP Open Accounts (in millions)	17.2			17.2			17.2			17.3			17.1			(1	)%	(1	)%
Purchase Sales (in billions)	$	20.2		$	20.5		$	18.7		$	19.2		$	18.2		(5	)%	(10	)%
Average Loans (in billions) (3)	$	19.1		$	18.6		$	18.0		$	18.1		$	17.1		(6	)%	(10	)%
EOP Loans (in billions) (3)	$	18.8		$	18.6		$	17.8		$	18.1		$	17.0		(6	)%	(10	)%
Average Yield (4)	13.06		%	12.79		%	12.62		%	12.51		%	12.42		%

Net Interest Revenue (in millions) (5)	$	529		$	498		$	467		$	475		$	446		(6	)%	(16	)%
As a % of Average Loans (6)	10.99		%	10.62		%	10.52		%	10.53		%	10.35		%
Net Credit Losses (in millions)	$	122		$	112		$	103		$	108		$	101		(6	)%	(17	)%
As a % of Average Loans	2.53		%	2.39		%	2.32		%	2.39		%	2.34		%
Net Credit Margin (in millions) (6)	$	659		$	599		$	555		$	570		$	527		(8	)%	(20	)%
As a % of Average Loans (6)	13.69		%	12.78		%	12.50		%	12.63		%	12.23		%
Loans 90+ Days Past Due	$	207		$	195		$	190		$	191		$	171		(10	)%	(17	)%
As a % of EOP Loans	1.10		%	1.05		%	1.07		%	1.06		%	1.01		%
Loans 30-89 Days Past Due	$	277		$	256		$	249		$	247		$	220		(11	)%	(21	)%
As a % of EOP Loans	1.47		%	1.38		%	1.40		%	1.36		%	1.29		%

(1) For reporting purposes, Asia GCB includes the results of operations of EMEA GCB 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.

CITICORP
INSTITUTIONAL CLIENTS GROUP
(In millions of dollars, except as otherwise noted)

																3Q15 Increase/				Nine			Nine			YTD 2015 vs.
	3Q			4Q			1Q			2Q			3Q			(Decrease) from				Months			Months			YTD 2014 Increase/
	2014			2014			2015			2015			2015			2Q15		3Q14		2014			2015			(Decrease)

Commissions and Fees	$	1,015		$	974		$	995		$	986		$	954		(3	)%	(6	)%	3,021			2,935			(3	)%
Administration and Other Fiduciary Fees	626			619			608			658			590			(10	)%	(6	)%	1,901			1,856			(2	)%
Investment Banking	1,047			1,008			1,134			1,120			828			(26	)%	(21	)%	3,261			3,082			(5	)%
Principal Transactions	1,396			329			2,198			1,797			1,208			(33	)%	(13	)%	5,576			5,203			(7	)%
Other	241			177			249			166			885			NM		NM		484			1,300			NM
Total Non-Interest Revenue	4,325			3,107			5,184			4,727			4,465			(6	)%	3	%	14,243			14,376			1	%
Net Interest Revenue (including Dividends)	4,011			4,053			3,844			4,151			4,132			—		3	%	11,649			12,127			4	%
Total Revenues, Net of Interest Expense	8,336			7,160			9,028			8,878			8,597			(3	)%	3	%	25,892			26,503			2	%
Total Operating Expenses	4,912			4,878			4,632			4,821			4,692			(3	)%	(4	)%	14,513			14,145			(3	)%
Net Credit Losses	12			121			(2		)	83			34			(59	)%	NM		155			115			(26	)%
Credit Reserve Build / (Release)	(8		)	101			107			(132		)	192			NM		NM		(191		)	167			NM
Provision for Unfunded Lending Commitments	(25		)	(59		)	(31		)	(46		)	83			NM		NM		(70		)	6			NM
Provision for Benefits and Claims	—			—			—			—			—			—		—		—			—			—
Provisions for Credit Losses and for Benefits and Claims	(21		)	163			74			(95		)	309			NM		NM		(106		)	288			NM
Income from Continuing Operations before Taxes	3,445			2,119			4,322			4,152			3,596			(13	)%	4	%	11,485			12,070			5	%
Income Taxes	1,102			442			1,358			1,317			1,186			(10	)%	8	%	3,628			3,861			6	%
Income from Continuing Operations	2,343			1,677			2,964			2,835			2,410			(15	)%	3	%	7,857			8,209			4	%
Noncontrolling Interests	42			31			36			15			(6		)	NM		NM		87			45			(48	)%
Net Income	$	2,301		$	1,646		$	2,928		$	2,820		$	2,416		(14	)%	5	%	$	7,770		$	8,164		5	%
Average Assets (in billions of dollars)	$	1,279		$	1,298		$	1,274		$	1,278		$	1,260		(1	)%	(1	)%	$	1,284		$	1,271		(1	)%
Return on Average Assets	0.71		%	0.50		%	0.93		%	0.89		%	0.76		%					0.81		%	0.86		%
Return on Average Assets (Excluding CVA/DVA) (1)(2)	0.77		%	0.50		%	0.95		%	0.83		%	0.72		%					0.83		%	0.83		%
Efficiency Ratio	59		%	68		%	51		%	54		%	55		%					56		%	53		%

Revenue by Region - Excluding CVA/DVA (2)
North America	$	3,202		$	2,393		$	3,230		$	3,141		$	3,179		1	%	(1	)%	$	9,948		$	9,550		(4	)%
EMEA	2,529			2,069			2,869			2,413			2,277			(6	)%	(10	)%	7,696			7,559			(2	)%
Latin America	1,037			982			1,074			1,095			1,082			(1	)%	4	%	3,298			3,251			(1	)%
Asia	1,884			1,704			1,924			1,926			1,838			(5	)%	(2	)%	5,305			5,688			7	%
Total	$	8,652		$	7,148		$	9,097		$	8,575		$	8,376		(2	)%	(3	)%	$	26,247		$	26,048		(1	)%
CVA/DVA {excluded as applicable in lines above}	(316		)	12			(69		)	303			221			(27	)%	NM		(355		)	455			NM
Total Revenues, net of Interest Expense	$	8,336		$	7,160		$	9,028		$	8,878		$	8,597		(3	)%	3	%	$	25,892		$	26,503		2	%

Income from Continuing Operations by Region - Excluding CVA/DVA (2)
North America	$	910		$	616		$	968		$	888		$	868		(2	)%	(5	)%	$	3,329		$	2,724		(18	)%
EMEA	647			242			925			602			431			(28	)%	(33	)%	1,988			1,958			(2	)%
Latin America	308			280			419			460			397			(14	)%	29	%	1,082			1,276			18	%
Asia	672			532			696			695			571			(18	)%	(15	)%	1,676			1,962			17	%
Total	$	2,537		$	1,670		$	3,008		$	2,645		$	2,267		(14	)%	(11	)%	$	8,075		$	7,920		(2	)%
CVA/DVA (after-tax) {excluded as applicable in lines above}	(194		)	7			(44		)	190			143			(25	)%	NM		(218		)	289			NM
Income from Continuing Operations	$	2,343		$	1,677		$	2,964		$	2,835		$	2,410		(15	)%	3	%	$	7,857		$	8,209		4	%

Average Loans by Region (in billions)
North America	$	111		115			$	119		$	122		$	128		5	%	15	%	$	109		$	123		13	%
EMEA	58			57			57			60			59			(2	)%	2	%	58			59			2	%
Latin America	40			39			38			39			39			—		(3	)%	40			39			(3	)%
Asia	69			66			62			63			62			(2	)%	(10	)%	69			62			(10	)%
Total	$	278		$	277		$	276		$	284		$	288		1	%	4	%	$	276		$	283		3	%

EOP Deposits by Region (in billions)
North America	$	177		$	192		$	196		$	198		$	201		2	%	14	%
EMEA	180			165			167			177			174			(2	)%	(3	)%
Latin America	62			56			60			63			61			(3	)%	(2	)%
Asia	144			142			148			150			159			6	%	10	%
Total	$	563		$	555		$	571		$	588		$	595		1	%	6	%

EOP Deposits by Business (in billions)
Treasury and Trade Solutions	$	381		$	380		$	387		$	398		$	399		—		5	%
All Other ICG Businesses	182			175			184			190			196			3	%	8	%
Total	$	563		$	555		$	571		$	588		$	595		1	%	6	%

(1) Return on Average Assets excluding CVA/DVA is defined as annualized net income less CVA/DVA, divided by average assets. See above for the after-tax CVA/DVA for each period presented.

(2) Presentation of this metric excluding CVA/DVA is a non-GAAP financial measure.

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

CITICORP

INSTITUTIONAL CLIENTS GROUP

REVENUES BY BUSINESS

(In millions of dollars, except as otherwise noted)

																3Q15 Increase/				Nine			Nine			YTD 2015 vs.
	3Q			4Q			1Q			2Q			3Q			(Decrease) from				Months			Months			YTD 2014 Increase/
	2014			2014			2015			2015			2015			2Q15		3Q14		2014			2015			(Decrease)

Revenue Details - Excluding CVA/DVA:
Investment Banking:
Advisory	$	318		$	263		$	298		$	258		$	243		(6	)%	(24	)%	$	686		$	799		16	%
Equity Underwriting	298			252			231			296			169			(43	)%	(43	)%	994			696			(30	)%
Debt Underwriting	633			551			669			729			525			(28	)%	(17	)%	1,961			1,923			(2	)%
Total Investment Banking	1,249			1,066			1,198			1,283			937			(27	)%	(25	)%	3,641			3,418			(6	)%
Treasury and Trade Solutions	1,934			1,932			1,889			1,955			1,933			(1	)%	—		5,835			5,777			(1	)%
Corporate Lending - Excluding Gain/(Loss) on Loan Hedges	444			433			445			445			403			(9	)%	(9	)%	1,316			1,293			(2	)%
Private Bank	664			668			708			746			715			(4	)%	8	%	1,992			2,169			9	%
Total Banking Revenues (Ex-CVA/DVA and Gain/(Loss) on Loan Hedges) (1)	$	4,291		$	4,099		$	4,240		$	4,429		$	3,988		(10	)%	(7	)%	$	12,784		$	12,657		(1	)%

Corporate Lending — Gain/(Loss) on Loan Hedges (2)	91			86			52			(66		)	352			NM		NM		30			338			NM
Total Banking Revenues (Ex-CVA/DVA) and including G(L) on Loan Hedges (1)	$	4,382		$	4,185		$	4,292		$	4,363		$	4,340		(1	)%	(1	)%	$	12,814		$	12,995		1	%

Fixed Income Markets	3,064			2,075			3,483			3,062			2,577			(16	)%	(16	)%	10,073			9,122			(9	)%
Equity Markets	763			470			873			653			996			53	%	31	%	2,304			2,522			9	%
Securities Services	534			508			543			557			513			(8	)%	(4	)%	1,540			1,613			5	%
Other	(91		)	(90		)	(94		)	(60		)	(50		)	17	%	45	%	(484		)	(204		)	58	%
Total Markets and Securities Services (Ex-CVA/DVA) (1)	$	4,270		$	2,963		$	4,805		$	4,212		$	4,036		(4	)%	(5	)%	$	13,433		$	13,053		(3	)%

Total ICG (Ex-CVA/DVA) (1)	$	8,652		$	7,148		$	9,097		$	8,575		$	8,376		(2	)%	(3	)%	$	26,247		$	26,048		(1	)%

CVA/DVA {excluded as applicable in lines above}	(316		)	12			(69		)	303			221			(27	)%	NM		(355		)	455			NM
Total Revenues, net of Interest Expense	$	8,336		$	7,160		$	9,028		$	8,878		$	8,597		(3	)%	3	%	$	25,892		$	26,503		2	%

Taxable-equivalent adjustments (3)	$	170		$	171		$	164		$	161		$	162		1	%	(5	)%	$	508		$	487		(4	)%

Total ICG Revenues (Ex-CVA/DVA) and including Taxable-equivalent adjustments (1) (3)	$	8,822		$	7,319		$	9,261		$	8,736		$	8,538		(2	)%	(3	)%	$	26,755		$	26,535		(1	)%

(1)	Presentation of this metric excluding CVA/DVA is a non-GAAP financial measure.
(2)	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 is netted against the core lending revenues to reflect the cost of credit protection.
(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.

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

CORPORATE / OTHER (1)

(In millions of dollars, except as otherwise noted)

																3Q15 Increase/				Nine			Nine			YTD 2015 vs.
	3Q			4Q			1Q			2Q			3Q			(Decrease) from				Months			Months			YTD 2014 Increase/
	2014			2014			2015			2015			2015			2Q15		3Q14		2014			2015			(Decrease)

Net Interest Revenue	$	(63	)	$	(81	)	$	(28	)	$	(22	)	$	(64	)	NM		(2	)%	$	(143	)	$	(114	)	20	%
Non-Interest Revenue	145			(12		)	240			392			282			(28	)%	94	%	537			914			70	%
Total Revenues, Net of Interest Expense	82			(93		)	212			370			218			(41	)%	NM		394			800			NM
Total Operating Expenses	1,722			3,260			543			385			349			(9	)%	(80	)%	2,760			1,277			(54	)%
Net Credit Losses	—			—			—			—			—			—		—		—			—			—
Credit Reserve Build / (Release)	—			—			—			—			—			—		—		—			—			—
Provision for Benefits and Claims	—			—			—			—			—			—		—		—			—			—
Provision for Unfunded Lending Commitments	—			—			—			—			—			—		—		—			—			—
Provisions for Loan Losses and for Benefits and Claims	—			—			—			—			—			—		—		—			—			—
Income from Continuing Operations before Taxes	(1,640		)	(3,353		)	(331		)	(15		)	(131		)	NM		92	%	(2,366		)	(477		)	80	%
Income Taxes	(103		)	(287		)	(312		)	(245		)	(314		)	(28	)%	NM		(57		)	(871		)	NM
Income from Continuing Operations	(1,537		)	(3,066		)	(19		)	230			183			(20	)%	NM		(2,309		)	394			NM
Income (Loss) from Discontinued Operations, net of taxes	(16		)	(1		)	(5		)	6			(10		)	NM		38	%	(1		)	(9		)	NM
Noncontrolling Interests	4			4			10			(2		)	3			NM		(25	)%	39			11			(72	)%
Net Income (Loss)	$	(1,557	)	$	(3,071	)	$	(34	)	$	238		$	170		(29	)%	NM		$	(2,349	)	$	374		NM
EOP Assets (in billions of dollars)	$	53		$	50		$	52		$	52		$	52		—		(2	)%
Average Assets (in billions of dollars)	$	63		$	64		$	60		$	50		$	58		16	%	(8	)%	$	56		$	56		—

(1) Includes certain costs of global staff functions, other corporate expenses and certain global operations and technology expenses, Corporate Treasury, and Discontinued operations.

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

CITICORP

NORTH AMERICA (1)

(In millions of dollars, except as otherwise noted)

																3Q15 Increase/				Nine			Nine			YTD 2015 vs.
	3Q			4Q			1Q			2Q			3Q			(Decrease) from				Months			Months			YTD 2014 Increase/
	2014			2014			2015			2015			2015			2Q15		3Q14		2014			2015			(Decrease)

Net Interest Revenue	$	5,916		$	6,046		$	5,922		$	6,029		$	6,253		4	%	6	%	$	17,187		$	18,204		6	%
Non-Interest Revenue	2,299			1,507			2,375			2,079			1,841			(11	)%	(20	)%	7,320			6,295			(14	)%
Total Revenues, Net of Interest Expense	8,215			7,553			8,297			8,108			8,094			—		(1	)%	24,507			24,499			—
Total Operating Expenses	4,313			4,267			4,121			4,123			4,066			(1	)%	(6	)%	12,611			12,310			(2	)%
Net Credit Losses	1,013			1,023			962			1,003			882			(12	)%	(13	)%	3,192			2,847			(11	)%
Credit Reserve Build / (Release)	(316		)	(87		)	8			(19		)	5			NM		NM		(1,124		)	(6		)	99	%
Provision Unfunded Lending Commitments	(23		)	(81		)	(23		)	(36		)	77			NM		NM		(56		)	18			NM
Provision for Benefits and Claims	12			10			10			9			11			22	%	(8	)%	30			30			—
Provisions for Credit Losses and for Benefits and Claims	686			865			957			957			975			2	%	42	%	2,042			2,889			41	%
Income from Continuing Operations before Taxes	3,216			2,421			3,219			3,028			3,053			1	%	(5	)%	9,854			9,300			(6	)%
Income Taxes	1,113			629			1,064			983			1,062			8	%	(5	)%	3,258			3,109			(5	)%
Income from Continuing Operations	2,103			1,792			2,155			2,045			1,991			(3	)%	(5	)%	6,596			6,191			(6	)%
Noncontrolling Interests	23			15			10			5			(5		)	NM		NM		22			10			(55	)%
Net Income	$	2,080		$	1,777		$	2,145		$	2,040		$	1,996		(2	)%	(4	)%	$	6,574		$	6,181		(6	)%
Average Assets (in billions of dollars)	$	871		$	894		$	885		$	876		$	882		1	%	1	%	$	854		$	881		3	%
Return on Average Assets	0.95		%	0.79		%	0.98		%	0.93		%	0.90		%					1.03		%	0.94		%
Efficiency Ratio	53		%	56		%	50		%	51		%	50		%					51		%	50		%

Revenue by Business
Retail Banking	$	1,232		$	1,364		$	1,348		$	1,307		$	1,275		(2	)%	3	%	$	3,553		$	3,930		11	%
Citi-Branded Cards	2,118			2,122			2,009			1,933			1,930			—		(9	)%	6,168			5,872			(5	)%
Citi Retail Services	1,646			1,610			1,637			1,583			1,616			2	%	(2	)%	4,852			4,836			—
Global Consumer Banking	4,996			5,096			4,994			4,823			4,821			—		(4	)%	14,573			14,638			—
Institutional Clients Group	3,219			2,457			3,303			3,285			3,273			—		2	%	9,934			9,861			(1	)%
Total	$	8,215		$	7,553		$	8,297		$	8,108		$	8,094		—		(1	)%	$	24,507		$	24,499		—

CVA/DVA {included as applicable in businesses above}	17			64			73			144			94			(35	)%	NM		(14		)	311			NM
Total Revenues - Excluding CVA/DVA (2)	$	8,198		$	7,489		$	8,224		$	7,964		$	8,000		—		(2	)%	$	24,521		$	24,188		(1	)%

Income (loss) from Continuing Operations by Business
Retail Banking	$	107		$	140		$	197		$	189		$	144		(24	)%	35	%	$	215		$	530		NM
Citi-Branded Cards	636			636			539			499			522			5	%	(18	)%	1,755			1,560			(11	)%
Citi Retail Services	440			361			404			379			397			5	%	(10	)%	1,305			1,180			(10	)%
Global Consumer Banking	1,183			1,137			1,140			1,067			1,063			—		(10	)%	3,275			3,270			—
Institutional Clients Group	920			655			1,015			978			928			(5	)%	1	%	3,321			2,921			(12	)%
Total	$	2,103		$	1,792		$	2,155		$	2,045		$	1,991		(3	)%	(5	)%	$	6,596		$	6,191		(6	)%

CVA/DVA {included as applicable in businesses above}	10			39			47			90			60			(33	)%	NM		(9		)	197			NM
Income (loss) from Continuing Operations - Excluding CVA/DVA (2)	$	2,093		$	1,753		$	2,108		$	1,955		$	1,931		(1	)%	(8	)%	$	6,605		$	5,994		(9	)%

(1) Regional results do not include Corporate/Other. See page 18 for Corporate/Other results.

(2) Presentation of this metric excluding CVA/DVA is a non-GAAP financial measure.

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

CITICORP

EMEA (1)

(In millions of dollars, except as otherwise noted)

																3Q15 Increase/				Nine			Nine			YTD 2015 vs.
	3Q			4Q			1Q			2Q			3Q			(Decrease) from				Months			Months			YTD 2014 Increase/
	2014			2014			2015			2015			2015			2Q15		3Q14		2014			2015			(Decrease)

Net Interest Revenue	$	1,033		$	1,046		$	916		$	1,018		$	925		(9	)%	(10	)%	$	3,101		$	2,859		(8	)%
Non-Interest Revenue	1,516			1,252			2,089			1,779			1,735			(2	)%	14	%	5,253			5,603			7	%
Total Revenues, Net of Interest Expense	2,549			2,298			3,005			2,797			2,660			(5	)%	4	%	8,354			8,462			1	%
Total Operating Expenses	1,875			1,948			1,700			1,803			1,730			(4	)%	(8	)%	5,640			5,233			(7	)%
Net Credit Losses	23			15			12			30			45			50	%	96	%	54			87			61	%
Credit Reserve Build / (Release)	(84		)	35			(9		)	(62		)	76			NM		NM		(169		)	5			NM
Provision Unfunded Lending Commitments	(2		)	1			(1		)	(1		)	—			100	%	100	%	(10		)	(2		)	80	%
Provision for Benefits and Claims	—			—			—			—			—			—		—		—			—			—
Provisions for Credit Losses and for Benefits and Claims	(63		)	51			2			(33		)	121			NM		NM		(125		)	90			NM
Income from Continuing Operations before Taxes	737			299			1,303			1,027			809			(21	)%	10	%	2,839			3,139			11	%
Income Taxes	262			96			444			340			278			(18	)%	6	%	978			1,062			9	%
Income from Continuing Operations	475			203			859			687			531			(23	)%	12	%	1,861			2,077			12	%
Noncontrolling Interests	25			18			22			13			6			(54	)%	(76	)%	78			41			(47	)%
Net Income	$	450		$	185		$	837		$	674		$	525		(22	)%	17	%	$	1,783		$	2,036		14	%
Average Assets (in billions of dollars)	$	330		$	335		$	323		$	337		$	320		(5	)%	(3	)%	$	343		$	327		(5	)%
Return on Average Assets	0.54		%	0.22		%	1.05		%	0.80		%	0.65		%					0.70		%	0.83		%
Efficiency Ratio	74		%	85		%	57		%	64		%	65		%					68		%	62		%

Revenue by Business
Retail Banking	$	190		$	175		$	159		$	162		$	154		(5	)%	(19	)%	$	585		$	475		(19	)%
Citi-Branded Cards	107			85			83			92			89			(3	)%	(17	)%	316			264			(16	)%
Global Consumer Banking	297			260			242			254			243			(4	)%	(18	)%	901			739			(18	)%
Institutional Clients Group	2,252			2,038			2,763			2,543			2,417			(5	)%	7	%	7,453			7,723			4	%
Total	$	2,549		$	2,298		$	3,005		$	2,797		$	2,660		(5	)%	4	%	$	8,354		$	8,462		1	%

CVA/DVA {included as applicable in businesses above}	(277		)	(31		)	(106		)	130			140			8	%	NM		(243		)	164			NM
Total Revenues - Excluding CVA/DVA (2)	$	2,826		$	2,329		$	3,111		$	2,667		$	2,520		(6	)%	(11	)%	$	8,597		$	8,298		(3	)%

Income (loss) from Continuing Operations by Business
Retail Banking	$	(7	)	$	(4	)	$	(7	)	$	(9	)	$	(4	)	56	%	43	%	$	(3	)	$	(20	)	NM
Citi-Branded Cards	5			(16		)	9			12			13			8	%	NM		25			34			36	%
Global Consumer Banking	(2		)	(20		)	2			3			9			NM		NM		$	22		$	14		(36	)%
Institutional Clients Group	477			223			857			684			522			(24	)%	9	%	1,839			2,063			12	%
Total	$	475		$	203		$	859		$	687		$	531		(23	)%	12	%	$	1,861		$	2,077		12	%

CVA/DVA {included as applicable in businesses above}	(170		)	(19		)	(68		)	82			91			11	%	NM		(149		)	105			NM
Income (loss) from Continuing Operations - Excluding CVA/DVA (2)	$	645		$	222		$	927		$	605		$	440		(27	)%	(32	)%	$	2,010		$	1,972		(2	)%

(1) Regional results do not include Corporate/Other. See page 18 for Corporate/Other results.

(2) Presentation of this metric excluding CVA/DVA is a non-GAAP financial measure.

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

CITICORP

LATIN AMERICA (1)

(In millions of dollars, except as otherwise noted)

																3Q15 Increase/				Nine			Nine			YTD 2015 vs.
	3Q			4Q			1Q			2Q			3Q			(Decrease) from				Months			Months			YTD 2014 Increase/
	2014			2014			2015			2015			2015			2Q15		3Q14		2014			2015			(Decrease)

Net Interest Revenue	$	2,182		$	2,170		$	1,943		$	1,987		$	1,939		(2	)%	(11	)%	$	6,407		$	5,869		(8	)%
Non-Interest Revenue	1,004			870			957			972			1,053			8	%	5	%	3,248			2,982			(8	)%
Total Revenues, Net of Interest Expense	3,186			3,040			2,900			2,959			2,992			1	%	(6	)%	9,655			8,851			(8	)%
Total Operating Expenses	1,765			1,733			1,506			1,630			1,524			(7	)%	(14	)%	5,161			4,660			(10	)%
Net Credit Losses	477			613			419			463			352			(24	)%	(26	)%	1,507			1,234			(18	)%
Credit Reserve Build / (Release)	70			(63		)	49			(111		)	102			NM		46	%	291			40			(86	)%
Provision Unfunded Lending Commitments	(1		)	10			(10		)	(6		)	7			NM		NM		(1		)	(9		)	NM
Provision for Benefits and Claims	26			29			18			12			17			42	%	(35	)%	75			47			(37	)%
Provisions for Credit Losses and for Benefits and Claims	572			589			476			358			478			34	%	(16	)%	1,872			1,312			(30	)%
Income from Continuing Operations before Taxes	849			718			918			971			990			2	%	17	%	2,622			2,879			10	%
Income Taxes	226			182			261			276			289			5	%	28	%	666			826			24	%
Income from Continuing Operations	623			536			657			695			701			1	%	13	%	1,956			2,053			5	%
Noncontrolling Interests	2			—			—			2			1			(50	)%	(50	)%	6			3			(50	)%
Net Income	$	621		$	536		$	657		$	693		$	700		1	%	13	%	$	1,950		$	2,050		5	%
Average Assets (in billions of dollars)	$	168		$	161		$	155		$	153		$	146		(5	)%	(13	)%	$	172		$	151		(12	)%
Return on Average Assets	1.47		%	1.32		%	1.72		%	1.82		%	1.90		%					1.52		%	1.82		%
Efficiency Ratio	55		%	57		%	52		%	55		%	51		%					53		%	53		%

Revenue by Business
Retail Banking	$	1,452		$	1,375		$	1,251		$	1,269		$	1,369		8	%	(6	)%	$	4,303		$	3,889		(10	)%
Citi-Branded Cards	720			694			584			579			554			(4	)%	(23	)%	2,088			1,717			(18	)%
Global Consumer Banking	2,172			2,069			1,835			1,848			1,923			4	%	(11	)%	$	6,391		$	5,606		(12	)%
Institutional Clients Group	1,014			971			1,065			1,111			1,069			(4	)%	5	%	3,264			3,245			(1	)%
Total	$	3,186		$	3,040		$	2,900		$	2,959		$	2,992		1	%	(6	)%	$	9,655		$	8,851		(8	)%

CVA/DVA {included as applicable in businesses above}	(23		)	(11		)	(9		)	16			(13		)	NM		43	%	(34		)	(6		)	82	%
Total Revenues - Excluding CVA/DVA (2)	$	3,209		$	3,051		$	2,909		$	2,943		$	3,005		2	%	(6	)%	$	9,689		$	8,857		(9	)%

Income from Continuing Operations by Business
Retail Banking	$	189		$	141		$	154		$	143		$	235		64	%	24	%	$	599		$	532		(11	)%
Citi-Branded Cards	140			122			90			82			77			(6	)%	(45	)%	296			249			(16	)%
Global Consumer Banking	329			263			244			225			312			39	%	(5	)%	$	895		$	781		(13	)%
Institutional Clients Group	294			273			413			470			389			(17	)%	32	%	1,061			1,272			20	%
Total	$	623		$	536		$	657		$	695		$	701		1	%	13	%	$	1,956		$	2,053		5	%

CVA/DVA {included as applicable in businesses above}	(14		)	(7		)	(6		)	10			(8		)	NM		43	%	(21		)	(4		)	81	%
Income (loss) from Continuing Operations - Excluding CVA/DVA (2)	$	637		$	543		$	663		$	685		$	709		4	%	11	%	$	1,977		$	2,057		4	%

(1) Regional results do not include Corporate/Other. See page 18 for Corporate/Other results.

(2) Presentation of this metric excluding CVA/DVA is a non-GAAP financial measure.

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

CITICORP

ASIA (1)

(In millions of dollars, except as otherwise noted)

																3Q15 Increase/				Nine			Nine			YTD 2015 vs.
	3Q			4Q			1Q			2Q			3Q			(Decrease) from				Months			Months			YTD 2014 Increase/
	2014			2014			2015			2015			2015			2Q15		3Q14		2014			2015			(Decrease)

Net Interest Revenue	$	2,000		$	1,861		$	1,764		$	1,809		$	1,746		(3	)%	(13	)%	$	5,808		$	5,319		(8	)%
Non-Interest Revenue	1,587			1,436			1,724			1,754			1,565			(11	)%	(1	)%	4,557			5,043			11	%
Total Revenues, Net of Interest Expense	3,587			3,297			3,488			3,563			3,311			(7	)%	(8	)%	10,365			10,362			—
Total Operating Expenses	1,934			1,915			1,857			1,883			1,855			(1	)%	(4	)%	6,067			5,595			(8	)%
Net Credit Losses	179			180			156			166			166			—		(7	)%	552			488			(12	)%
Credit Reserve Build / (Release)	(57		)	(38		)	(54		)	(43		)	(55		)	(28	)%	4	%	(83		)	(152		)	(83	)%
Provision for Unfunded Lending Commitments	(1		)	(4		)	2			(4		)	—			100	%	100	%	(11		)	(2		)	82	%
Provision for Benefits and Claims	—			—			—			—			—			—		—		—			—			—
Provisions for Credit Losses and for Benefits and Claims	121			138			104			119			111			(7	)%	(8	)%	458			334			(27	)%
Income from Continuing Operations before Taxes	1,532			1,244			1,527			1,561			1,345			(14	)%	(12	)%	3,840			4,433			15	%
Income Taxes	496			410			509			523			476			(9	)%	(4	)%	1,265			1,508			19	%
Income from Continuing Operations	1,036			834			1,018			1,038			869			(16	)%	(16	)%	2,575			2,925			14	%
Noncontrolling Interests	1			1			(1		)	—			—			—		(100	)%	3			(1		)	NM
Net Income	$	1,035		$	833		$	1,019		$	1,038		$	869		(16	)%	(16	)%	$	2,572		$	2,926		14	%
Average Assets (in billions of dollars)	$	320		$	314		$	305		$	306		$	299		(2	)%	(7	)%	$	323		$	303		(6	)%
Return on Average Assets	1.28		%	1.05		%	1.35		%	1.36		%	1.15		%					1.06		%	1.29		%
Efficiency Ratio	54		%	58		%	53		%	53		%	56		%					59		%	54		%

Revenue by Business
Retail Banking	$	1,062		$	977		$	1,016		$	1,038		$	934		(10	)%	(12	)%	$	3,129		$	2,988		(5	)%
Citi-Branded Cards	674			626			575			586			539			(8	)%	(20	)%	1,995			1,700			(15	)%
Global Consumer Banking	1,736			1,603			1,591			1,624			1,473			(9	)%	(15	)%	5,124			4,688			(9	)%
Institutional Clients Group	1,851			1,694			1,897			1,939			1,838			(5	)%	(1	)%	5,241			5,674			8	%
Total	$	3,587		$	3,297		$	3,488		$	3,563		$	3,311		(7	)%	(8	)%	$	10,365		$	10,362		—

CVA/DVA {included as applicable in businesses above}	(33		)	(10		)	(27		)	13			—			(100	)%	100	%	(64		)	(14		)	78	%
Total Revenues - Excluding CVA/DVA (2)	$	3,620		$	3,307		$	3,515		$	3,550		$	3,311		(7	)%	(9	)%	$	10,429		$	10,376		(1	)%

Income from Continuing Operations by Business
Retail Banking	$	247		$	191		$	230		$	232		$	191		(18	)%	(23	)%	$	508		$	653		29	%
Citi-Branded Cards	137			117			109			103			107			4	%	(22	)%	431			319			(26	)%
Global Consumer Banking	384			308			339			335			298			(11	)%	(22	)%	939			972			4	%
Institutional Clients Group	652			526			679			703			571			(19	)%	(12	)%	1,636			1,953			19	%
Total	$	1,036		$	834		$	1,018		$	1,038		$	869		(16	)%	(16	)%	$	2,575		$	2,925		14	%

CVA/DVA {included as applicable in businesses above}	(20		)	(6		)	(17		)	8			—			(100	)%	100	%	(40		)	(9		)	78	%
Income (loss) from Continuing Operations - Excluding CVA/DVA (2)	$	1,056		$	840		$	1,035		$	1,030		$	869		(16	)%	(18	)%	$	2,615		$	2,934		12	%

(1) Regional results do not include Corporate/Other. See page 18 for Corporate/Other results.

(2) Presentation of this metric excluding CVA/DVA is a non-GAAP financial measure.

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

CITI HOLDINGS

INCOME STATEMENT AND BALANCE SHEET DATA

(In millions of dollars, except as otherwise noted)

																3Q15 Increase/				Nine			Nine			YTD 2015 vs.
	3Q			4Q			1Q			2Q			3Q			(Decrease) from				Months			Months			YTD 2014 Increase/
	2014			2014			2015			2015			2015			2Q15		3Q14		2014			2015			(Decrease)
Revenues
Net interest revenue	$	1,119		$	1,059		$	1,055		$	1,001		$	974		(3	)%	(13	)%	$	3,532		$	3,030		(14	)%
Non-interest revenue (1)	951			745			779			672			443			(34	)%	(53	)%	2,513			1,894			(25	)%
Total revenues, net of interest expense	2,070			1,804			1,834			1,673			1,417			(15	)%	(32	)%	6,045			4,924			(19	)%

Provisions for Credit Losses and for Benefits and Claims
Net Credit Losses	405			417			408			258			218			(16	)%	(46	)%	1,420			884			(38	)%
Credit Reserve Build / (Release)	(135		)	(214		)	(196		)	(170		)	(209		)	(23	)%	(55	)%	(693		)	(575		)	17	%
Provision for loan losses (1)	270			203			212			88			9			(90	)%	(97	)%	727			309			(57	)%
Provision for Benefits and Claims	167			167			169			160			161			1	%	(4	)%	490			490			—
Provision for unfunded lending commitments	(3		)	—			(5		)	(1		)	(19		)	NM		NM		(10		)	(25		)	NM
Total provisions for credit losses and for benefits and claims	434			370			376			247			151			(39	)%	(65	)%	1,207			774			(36	)%

Total operating expenses	1,346			1,303			1,157			1,104			1,145			4	%	(15	)%	8,386			3,406			(59	)%

Income (Loss) from Continuing Operations before Income Taxes	290			131			301			322			121			(62	)%	(58	)%	(3,548		)	744			NM
Provision (benefits) for income taxes	74			47			154			159			90			(43	)%	22	%	10			403			NM

Income (Loss) from Continuing Operations	216			84			147			163			31			(81	)%	(86	)%	(3,558		)	341			NM

Noncontrolling Interests	4			—			1			—			—			—		(100	)%	6			1			(83	)%
Citi Holding’s Net Income (Loss)	$	212		$	84		$	146		$	163		$	31		(81	)%	(85	)%	$	(3,564	)	$	340		NM
Average Assets (in billions of dollars)	$	143		$	132		$	125		$	118		$	113		(4	)%	(21	)%	$	148		$	119		(20	)%
Return on Average Assets	0.59		%	0.25		%	0.47		%	0.55		%	0.11		%					(3.22		)%	0.38		%
Efficiency Ratio	65		%	72		%	63		%	66		%	81		%					139		%	69		%

Balance Sheet Data (in billions):

Total EOP Assets	$	137		$	129		$	122		$	116		$	110		(5	)%	(20	)%	$	137		$	110		(20	)%

Total EOP Loans	$	85		$	79		$	62		$	59		$	55		(6	)%	(35	)%	$	85		$	55		(35	)%

Total EOP Deposits	$	45		$	17		$	12		$	8		$	7		(8	)%	(84	)%	$	45		$	7		(84	)%

Consumer Net Credit Losses as a % of Average Loans	1.91		%	1.86		%	2.20		%	1.57		%	1.42		%					2.05		%	1.77		%

(1) As a result of Citigroup’s entry into an agreement in March 2015 to sell OneMain Financial (OneMain), OneMain was classified as held-for-sale (HFS) at the end of the first quarter 2015. As a result of HFS accounting treatment, approximately $160 million and $116 million of cost of credit was recorded as a reduction in revenue (Other revenue) during the second and third quarters of 2015, respectively.

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

CITI HOLDINGS

CONSUMER KEY INDICATORS - Page 1

(In millions of dollars, except as otherwise noted)

																3Q15 Increase/
	3Q			4Q			1Q			2Q			3Q			(Decrease) from
	2014			2014			2015			2015			2015			2Q15		3Q14

CITI HOLDINGS KEY INDICATORS:

Consumer - International (1) (2)

Branches (actual)	157			153			122			105			108			3	%	(31	)%

Average Loans (in billions)	$	12.7		$	8.8		$	7.4		$	4.5		$	4.1		(9	)%	(68	)%

EOP Loans:
Real Estate Lending	$	2.6		$	2.4		$	0.9		$	0.8		$	0.8		—		(69	)%
Cards	3.7			3.6			2.1			1.8			1.8			—		(51	)%
Commercial Markets	0.8			0.8			0.7			0.5			0.5			—		(38	)%
Personal and Other	2.0			1.2			1.2			1.1			1.0			(9	)%	(50	)%
EOP Loans (in billions of dollars)	$	9.1		$	8.0		$	4.9		$	4.2		$	4.1		(2	)%	(55	)%
Net Interest Revenue	$	246		$	195		$	230		$	216		$	212		(2	)%	(14	)%
As a % of Average Loans	7.68		%	8.79		%	12.61		%	17.92		%	20.51		%
Net Credit Losses	$	64		$	28		$	51		$	41		$	38		(7	)%	(41	)%
As a % of Average Loans	2.00		%	1.26		%	2.80		%	3.65		%	3.68		%
Loans 90+ Days Past Due	$	111		$	110		$	91		$	78		$	77		(1	)%	(31	)%
As a % of EOP Loans	1.22		%	1.38		%	1.86		%	1.86		%	1.88		%
Loans 30-89 Days Past Due	$	178		$	168		$	142		$	119		$	118		(1	)%	(34	)%
As a % of EOP Loans	1.96		%	2.10		%	2.90		%	2.83		%	2.88		%

Consumer - North America (3)

Branches (actual)	1,455			1,424			278			273			272			—		(81	)%

Average Loans (in billions of dollars)	$	77.1		$	73.9		$	68.9		$	55.4		$	52.7		(5	)%	(32	)%

EOP Loans (in billions of dollars)	$	74.9		$	70.8		$	56.6		$	54.2		$	50.7		(6	)%	(32	)%
Net Interest Revenue	$	860		$	860		$	823		$	775		$	766		(1	)%	(11	)%
As a % of Average Loans	4.43		%	4.62		%	4.84		%	1.99		%	2.00		%
Net Credit Losses	$	369		$	359		$	363		$	193		$	166		(14	)%	(55	)%
As a % of Average Loans	1.90		%	1.93		%	2.14		%	1.40		%	1.25		%
Loans 90+ Days Past Due	$	2,093		$	1,963		$	1,607		$	1,462		$	1,354		(7	)%	(35	)%
As a % of EOP Loans	2.99		%	2.94		%	2.97		%	2.84		%	2.81		%
Loans 30-89 Days Past Due	$	1,978		$	1,663		$	1,197		$	1,153		$	1,230		7	%	(38	)%
As a % of EOP Loans	2.83		%	2.49		%	2.21		%	2.24		%	2.56		%

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

(2) The first and second quarters of 2015 reflect the transfers of loans and branches to held-for-sale (HFS) as a result of the agreement in December 2014 to sell the Japan retail banking business (Japan Retail). The first and second quarter of 2015 reflect the transfers of loans to HFS as a result of the agreement in March 2015 to sell the Japan cards business (Japan Cards).

The second and third quarters of 2015 reflect the HFS reclassification of interest revenue on loans to other interest earning assets.

(3) The first, second and third quarters of 2015 reflect the transfers of loans and branches to HFS resulting from the agreement to sell OneMain. As a result of HFS accounting treatment, approximately $160 million and $131 million of net credit losses (NCLs) were recorded as a reduction of revenue (Other revenue) during the second and third quarters of 2015, respectively.

The second and third quarters of 2015 reflect the HFS reclassification of interest revenue on loans to other interest earning assets.

Reclassified to conform to the current period’s presentation.

CITI HOLDINGS

CONSUMER KEY INDICATORS - Page 2

(In millions of dollars, except as otherwise noted)

																3Q15 Increase/
	3Q			4Q			1Q			2Q			3Q			(Decrease) from
	2014			2014			2015			2015			2015			2Q15		3Q14

CITI HOLDINGS KEY INDICATORS:

North America Mortgages

CMI (CitiMortgage)	$	30.9		$	29.1		$	25.9		$	22.4		$	21.4		(4	)%	(31	)%
CFNA (CitiFinancial - North America)	8.3			7.9			7.3			6.8			6.4			(6	)%	(23	)%
Residential First	39.2			37.0			33.2			29.2			27.8			(5	)%	(29	)%
Home Equity	26.4			25.3			24.4			23.3			22.0			(6	)%	(17	)%
Average Loans (in billions of dollars)	$	65.6		$	62.3		$	57.6		$	52.5		$	49.8		(5	)%	(24	)%

CMI	$	29.4		$	26.9		$	22.8		$	22.1		$	20.6		(7	)%	(30	)%
CFNA	8.1			7.5			7.0			6.5			5.8			(11	)%	(28	)%
Residential First	37.5			34.4			29.8			28.6			26.4			(8	)%	(30	)%
Home Equity	25.9			24.9			23.8			22.7			21.5			(5	)%	(17	)%
EOP Loans (in billions of dollars)	$	63.4		$	59.3		$	53.6		$	51.3		$	47.9		(7	)%	(24	)%

Third Party Mortgage Serv. Portfolio (EOP, in billions)	$	56.0		$	47.4		$	43.4		$	39.2		$	36.4		(7	)%	(35	)%
Net Servicing & Gain/(Loss) on Sale	$	81.5		$	96.8		$	96.2		$	61.3		$	49.6		(19	)%	(39	)%
Net Interest Revenue on Loans	$	311		$	305		$	272		$	290		$	274		(6	)%	(12	)%
As a % of Avg. Loans	1.88		%	1.94		%	1.92		%	2.22		%	2.18		%

CMI	$	54		$	26		$	22		$	21		$	9		(57	)%	(83	)%
CFNA	83			91			81			80			75			(6	)%	(10	)%
Residential First	$	137		$	117		$	103		$	101		$	84		(17	)%	(39	)%
Home Equity	98			87			81			70			61			(13	)%	(38	)%
Net Credit Losses (NCLs)	$	235		$	204		$	184		$	171		$	145		(15	)%	(38	)%
As a % of Avg. Loans	1.42		%	1.30		%	1.30		%	1.31		%	1.16		%

CMI	$	802		$	642		$	589		$	510		$	489		(4	)%	(39	)%
CFNA	543			543			500			463			392			(15	)%	(28	)%
Residential First	1,345			1,185			1,089			973			881			(9	)%	(34	)%
Home Equity	503			500			484			458			441			(4	)%	(12	)%
Loans 90+ Days Past Due (1) (2)	$	1,848		$	1,685		$	1,573		$	1,431		$	1,322		(8	)%	(28	)%
As a % of EOP Loans	3.16		%	3.05		%	3.08		%	2.94		%	2.92		%

CMI	$	1,125		$	831		$	654		$	609		$	666		9	%	(41	)%
CFNA	300			292			225			221			205			(7	)%	(32	)%
Residential First	1,425			1,123			879			830			871			5	%	(39	)%
Home Equity	334			324			269			275			311			13	%	(7	)%
Loans 30-89 Days Past Due (1) (2)	$	1,759		$	1,447		$	1,148		$	1,105		$	1,182		7	%	(33	)%
As a % of EOP Loans	3.01		%	2.62		%	2.25		%	2.27		%	2.61		%

North America Personal Loans (3)
Average Loans (in billions of dollars)	$	9.2		$	9.3		$	9.1		$	0.8		$	0.8		—		(91	)%
EOP Loans (in billions of dollars)	$	9.3		$	9.4		$	0.8		$	0.9		$	0.9		—		(90	)%
Net Interest Revenue	$	531		$	532		$	500		$	507		$	505		—		(5	)%
As a % of Avg. Loans	22.90		%	22.70		%	22.28		%	N/A			N/A
Net Credit Losses	$	129		$	154		$	174		$	17		$	15		(12	)%	(88	)%
As a % of Avg. Loans	5.56		%	6.57		%	7.75		%	8.52		%	7.44		%
Loans 90+ Days Past Due	$	227		$	264		$	21		$	20		$	19		(5	)%	(92	)%
As a % of EOP Loans	2.44		%	2.81		%	2.63		%	2.22		%	2.11		%
Loans 30-89 Days Past Due	$	178		$	180		$	16		$	17		$	15		(12	)%	(92	)%
As a % of EOP Loans	1.91		%	1.91		%	2.00		%	1.89		%	1.67		%

The amounts excluded for Loans 90+ Days Past Due and (EOP Loans) for each period were $2.6 billion and ($5.0 billion), $2.2 billion and ($4.0 billion), $1.8 billion and ($2.5 billion), $1.7 billion and ($2.7 billion), and $1.7 billion and ($2.6 billion), as of September 30, 2014, December 31, 2014, March 31, 2015, June 30, 2015 and September 30, 2015, respectively.

The amounts excluded for Loans 30-89 Days Past Due and (EOP Loans) for each period were $0.7 billion and ($5.0 billion), $0.5 billion and ($4.0 billion), $0.2 billion and ($2.5 billion), $0.3 billion and ($2.7 billion), and $0.3 billion and ($2.6 billion), as of September 30, 2014, December 31, 2014, March 31, 2015, June 30, 2015 and September 30, 2015, respectively.

(2) The September 30, 2014, December 31, 2014, March 31, 2015, June 30, 2015 and September 30, 2015 Loans 90+ Days Past Due and 30-89 Days Past Due and related ratios exclude $17 million, $15 million, $14 million, $12 million and $12 million, respectively, of loans that are carried at fair value.

(3) See footnote 3 on page 24.

N/A Not applicable for the first and second quarters of 2015 as a result of the loans related to the announced sale of OneMain being reclassified from loans to assets held-for-sale (Other assets).

Reclassified to conform to the current period’s presentation.

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	2014		2015		2015		2014		2015		2015		2014		2015		2015
Assets:
Deposits with Banks	$	159,432	$	134,641	$	139,349	$	235	$	168	$	187	0.58	%	0.50	%	0.53	%
Fed Funds Sold and Resale Agreements (6)	248,074		236,035		233,831		567		664		656		0.91	%	1.13	%	1.11	%
Trading Account Assets (7)	237,842		229,587		210,187		1,515		1,656		1,531		2.53	%	2.89	%	2.89	%
Investments	327,790		333,031		335,123		1,911		1,832		1,802		2.31	%	2.21	%	2.13	%
Total Loans (net of Unearned Income) (8)	659,102		627,026		623,205		11,193		10,013		9,995		6.74	%	6.41	%	6.36	%
Other Interest-Earning Assets	43,703		62,656		60,459		215		662		659		1.95	%	4.24	%	4.32	%
Total Average Interest-Earning Assets	$	1,675,943	$	1,622,976	$	1,602,154	$	15,636	$	14,995	$	14,830	3.70	%	3.71	%	3.67	%

Liabilities:
Deposits (excluding deposit insurance and FDIC Assessment)	$	753,583	$	700,978	$	696,882	$	1,183	$	999	$	951	0.62	%	0.57	%	0.54	%
Deposit Insurance and FDIC Assessment	—		—		—		234		289		264
Total Deposits	753,583		700,978		696,882		1,417		1,288		1,215		0.75	%	0.74	%	0.69	%
Fed Funds Purchased and Repurchase Agreements (6)	182,209		183,292		174,245		411		443		379		0.89	%	0.97	%	0.86	%
Trading Account Liabilities (7)	75,402		72,980		70,470		38		54		57		0.20	%	0.30	%	0.32	%
Short-Term Borrowings	124,993		114,279		132,021		141		157		159		0.45	%	0.55	%	0.48	%
Long-Term Debt (9)	204,000		187,910		187,636		1,318		1,109		1,131		2.56	%	2.37	%	2.39	%
Total Average Interest-Bearing Liabilities	$	1,340,187	$	1,259,439	$	1,261,254	$	3,325	$	3,051	$	2,941	0.98	%	0.97	%	0.93	%
Total Average Interest-Bearing Liabilities (excluding deposit insurance and FDIC Assessment)	$	1,340,187	$	1,259,439	$	1,261,254	$	3,091	$	2,762	$	2,677	0.92	%	0.88	%	0.84	%

Net Interest Revenue as a % of Average Interest-Earning Assets (NIM)							$	12,311	$	11,944	$	11,889	2.91	%	2.95	%	2.94	%

NIR as a % of Average Interest-Earning Assets (NIM) (excluding deposit insurance and FDIC Assessment)							$	12,545	$	12,233	$	12,153	2.97	%	3.02	%	3.01	%

3Q15 Increase (Decrease) From													3	bps	(1	)bps

3Q15 Increase (Decrease) (excluding deposit insurance and FDIC Assessment) From													4	bps	(1	)bps

(1)	Interest Revenue includes the taxable equivalent adjustments (based on the U.S. federal statutory tax rate of 35%) of $124 million for the third quarter of 2014, $121 million for the second quarter of 2015 and $118 million for the third quarter of 2015.
(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 FIN 41.
(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.

DEPOSITS

(In billions of dollars)

															3Q15 Increase/
	3Q			4Q			1Q			2Q			3Q		(Decrease) from
	2014			2014			2015			2015			2015		2Q15		3Q14

Citicorp Deposits by Business

Global Consumer Banking
North America	$	171.7		$	171.4		$	172.6		$	173.5		$	170.9	(1	)%	—
Latin America	44.0			43.7			42.0			42.1			38.8		(8	)%	(12	)%
Asia (1)	90.5			89.2			89.7			89.6			87.1		(3	)%	(4	)%
Total	$	306.2		$	304.3		$	304.3		$	305.2		$	296.8	(3	)%	(3	)%

ICG
North America	$	176.6		$	193.1		$	196.1		$	198.1		$	200.8	1	%	14	%
EMEA	179.6			164.5			167.2			177.4			173.8		(2	)%	(3	)%
Latin America	62.3			56.3			60.2			63.0			61.4		(3	)%	(1	)%
Asia	144.4			141.5			147.6			149.6			158.9		6	%	10	%
Total	$	562.9		$	555.4		$	571.1		$	588.1		$	594.9	1	%	6	%

Corporate/Other	$	29.0		$	22.8		$	12.3		$	7.0		$	5.4	(23	)%	(81	)%

Total Citicorp	$	898.1		$	882.5		$	887.7		$	900.3		$	897.1	—		—

Total Citi Holdings (2)	$	44.6		$	16.8		$	11.9		$	7.7		$	7.1	(8	)%	(84	)%

Total Citigroup Deposits - EOP	$	942.7		$	899.3		$	899.6		$	908.0		$	904.2	—		(4	)%

Total Citigroup Deposits - Average	$	954.2		$	938.7		$	899.5		$	906.4		$	903.1	—		(5	)%

FX Translation Impact:
Total Citigroup EOP Deposits - as Reported	$	942.7		$	899.3		$	899.6		$	908.0		$	904.2	—		(4	)%
Impact of FX Translation (3)	(40.5		)	(25.0		)	(11.3		)	(13.4		)	—
Total Citigroup EOP Deposits - Ex-FX (4)	$	902.2		$	874.3		$	888.3		$	894.6		$	904.2	1	%	—

(1)	For reporting purposes, Asia GCB includes the results of operations of EMEA GCB for all periods presented.
(2)	See footnote 4 on page 1.
(3)	Reflects the impact of foreign exchange (FX) translation into U.S. Dollars at the third quarter of 2015 average exchange rates for all periods presented.
(4)	Presentation of this metric excluding FX translation is a non-GAAP financial measure.

	Reclassified to conform to the current period’s presentation.

EOP LOANS (1) - Page 1

CITICORP

(In billions of dollars)

															3Q15 Increase/
	3Q			4Q			1Q			2Q			3Q		(Decrease) from
	2014			2014			2015			2015			2015		2Q15		3Q14

Citicorp:
Global Consumer Banking

North America
Credit Cards	$	109.5		$	114.0		$	105.9		$	107.7		$	107.9	—		(1	)%
Retail Banking	47.5			46.8			47.8			48.8			50.6		4	%	7	%
Total	$	157.0		$	160.8		$	153.7		$	156.5		$	158.5	1	%	1	%

Latin America
Credit Cards	$	9.8		$	9.3		$	8.5		$	8.3		$	7.5	(10	)%	(23	)%
Retail Banking	28.2			26.2			25.6			25.7			23.9		(7	)%	(15	)%
Total	$	38.0		$	35.5		$	34.1		$	34.0		$	31.4	(8	)%	(17	)%

Asia (1)
Credit Cards	$	18.8		$	18.6		$	17.8		$	18.1		$	17.0	(6	)%	(10	)%
Retail Banking	78.2			76.2			74.5			75.3			71.4		(5	)%	(9	)%
Total	$	97.0		$	94.8		$	92.3		$	93.4		$	88.4	(5	)%	(9	)%

Total Consumer Loans
Credit Cards	$	138.1		$	141.9		$	132.2		$	134.1		$	132.4	(1	)%	(4	)%
Retail Banking	153.9			149.2			147.9			149.8			145.9		(3	)%	(5	)%
Total Consumer	$	292.0		$	291.1		$	280.1		$	283.9		$	278.3	(2	)%	(5	)%

Total Corporate Loans
North America	$	114.5		$	117.7		$	120.1		$	127.3		$	129.2	1	%	13	%
EMEA	57.1			55.9			58.3			60.1			59.5		(1	)%	4	%
Latin America	38.8			37.9			38.1			39.4			39.5		—		2	%
Asia	66.6			62.8			62.6			62.7			60.6		(3	)%	(9	)%
Total Corporate Loans	$	277.0		$	274.3		$	279.1		$	289.5		$	288.8	—		4	%

Total Citicorp	$	569.0		$	565.4		$	559.2		$	573.4		$	567.1	(1	)%	—

FX Translation Impact:
Total Citicorp EOP Loans - as Reported	$	569.0		$	565.4		$	559.2		$	573.4		$	567.1	(1	)%	—
Impact of FX Translation (2)	(26.6		)	(17.4		)	(10.2		)	(10.4		)	—
Total Citicorp EOP Loans - Ex-FX (3)	$	542.4		$	548.0		$	549.0		$	563.0		$	567.1	1	%	5	%

Note: Certain small balance consumer loans included in the above lines are classified as Corporate Loans on the Consolidated Balance Sheet.

(1)	For reporting purposes, Asia GCB includes the results of operations of EMEA GCB for all periods presented.
(2)	Reflects the impact of foreign exchange (FX) translation into U.S. Dollars at the third quarter of 2015 average exchange rates for all periods presented.
(3)	Presentation of this metric excluding FX translation is a non-GAAP financial measure.

Reclassified to conform to the current period’s presentation.

EOP LOANS - Page 2

CITI HOLDINGS AND TOTAL CITIGROUP

(In billions of dollars)

															3Q15 Increase/
	3Q			4Q			1Q			2Q			3Q		(Decrease) from
	2014			2014			2015			2015			2015		2Q15		3Q14

Citi Holdings:

Consumer - North America
Mortgages	63.4			59.3			53.6			51.3			47.9		(7	)%	(24	)%
Personal Loans	9.3			9.4			0.8			0.9			0.9		—		(90	)%
Other	2.2			2.1			2.2			2.0			1.9		(5	)%	(14	)%
Total	$	74.9		$	70.8		$	56.6		$	54.2		$	50.7	(6	)%	(32	)%

Consumer - International
Credit Cards	$	3.7		$	3.6		$	2.1		$	1.8		$	1.8	—		(51	)%
REL, Personal & Other	5.4			4.4			2.8			2.4			2.3		(4	)%	(57	)%
Total	$	9.1		$	8.0		$	4.9		$	4.2		$	4.1	(2	)%	(55	)%

Citi Holdings - Other	0.8			0.4			0.4			0.3			0.5		67	%	(38	)%

Total Citi Holdings	$	84.8		$	79.2		$	61.9		$	58.7		$	55.3	(6	)%	(35	)%

Total Citigroup	$	653.8		$	644.6		$	621.1		$	632.1		$	622.4	(2	)%	(5	)%

Consumer Loans	$	376.3		$	370.0		$	341.7		$	342.3		$	333.4	(3	)%	(11	)%
Corporate Loans	277.5			274.6			279.3			289.8			289.0		—		4	%
Total Citigroup	$	653.8		$	644.6		$	621.0		$	632.1		$	622.4	(2	)%	(5	)%

FX Translation Impact:
Total Citigroup EOP Loans - as Reported	$	653.8		$	644.6		$	621.0		$	632.1		$	622.4	(2	)%	(5	)%
Impact of FX Translation (1)	(27.5		)	(17.7		)	(10.2		)	(10.3		)	—
Total Citigroup EOP Loans - Ex-FX (2)	$	626.3		$	626.9		$	610.8		$	621.8		$	622.4	—		(1	)%

Note: Certain small balance consumer loans included in the above lines are classified as Corporate Loans on the Consolidated Balance Sheet.

(1) Reflects the impact of foreign exchange (FX) translation into U.S. Dollars at the third quarter of 2015 average exchange rates for all periods presented.

(2) Presentation of this metric excluding FX translation is a non-GAAP financial measure.

Reclassified to conform to the current period’s presentation.

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
	3Q			4Q			1Q			2Q			3Q			3Q
	2014			2014			2015			2015			2015			2015

Citicorp (2)
Total	$	2,654		$	2,566		$	2,245		$	2,134		$	2,085		$	278.3
*Ratio*	0.91		%	0.88		%	0.80		%	0.75		%	0.75		%

Retail Bank (2)
Total	$	964		$	816		$	617		$	636		$	595		$	145.9
Ratio	0.63		%	0.55		%	0.42		%	0.43		%	0.41		%
North America (2)	$	229		$	225		$	123		$	150		$	138		$	50.6
Ratio	0.49		%	0.49		%	0.26		%	0.31		%	0.28		%
Latin America (3)	$	515		$	397		$	306		$	296		$	274		$	23.9
Ratio (3)	1.83		%	1.52		%	1.20		%	1.15		%	1.15		%
Asia (4)	$	220		$	194		$	188		$	190		$	183		$	71.4
Ratio	0.28		%	0.25		%	0.25		%	0.25		%	0.26		%

Cards
Total	$	1,690		$	1,750		$	1,628		$	1,498		$	1,490		$	132.4
Ratio	1.22		%	1.23		%	1.23		%	1.12		%	1.13		%
North America - Citi-Branded	$	559		$	593		$	569		$	495		$	491		$	64.8
Ratio	0.84		%	0.88		%	0.90		%	0.77		%	0.76		%
North America - Retail Services	$	630		$	678		$	629		$	567		$	621		$	43.1
Ratio	1.47		%	1.46		%	1.48		%	1.31		%	1.44		%
Latin America	$	294		$	284		$	240		$	245		$	207		$	7.5
Ratio	3.00		%	3.05		%	2.82		%	2.95		%	2.76		%
Asia (4)	$	207		$	195		$	190		$	191		$	171		$	17.0
Ratio	1.10		%	1.05		%	1.07		%	1.06		%	1.01		%

Citi Holdings - Consumer (2) (5)	$	2,204		$	2,073		$	1,698		$	1,540		$	1,431		$	54.8
*Ratio*	2.79		%	2.77		%	2.88		%	2.76		%	2.74		%
International	$	111		$	110		$	91		$	78		$	77		$	4.1
Ratio	1.22		%	1.38		%	1.86		%	1.86		%	1.88		%
North America (2) (5)	$	2,093		$	1,963		$	1,607		$	1,462		$	1,354		$	50.7
Ratio	2.99		%	2.94		%	2.97		%	2.84		%	2.81		%
Other																$	0.3

Total Citigroup (2) (5)	$	4,858		$	4,639		$	3,943		$	3,674		$	3,516		$	333.4
Ratio	1.31		%	1.27		%	1.17		%	1.08		%	1.07		%

(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 Consumer Banking and Citi Holdings North America Mortgages excludes 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 1 on page 10 and footnote 2 on page 25.
(3)	See footnote 3 on page 8.
(4)	For reporting purposes, Asia GCB includes the results of operations of EMEA GCB for all periods presented.
(5)	The September 30, 2014, December 31, 2014, March 31, 2015, June 30, 2015 and September 30, 2015 Loans 90+ Days Past Due and 30-89 Days Past Due and related ratios exclude $17 million, $15 million, $14 million, $12 million and $12 million, respectively, of loans that are carried at fair value.

Reclassified to conform to the current period’s presentation.

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
	3Q			4Q			1Q			2Q			3Q			3Q
	2014			2014			2015			2015			2015			2015

Citicorp (2)
Total	$	2,806		$	2,688		$	2,511		$	2,387		$	2,507		$	278.3
*Ratio*	0.96		%	0.93		%	0.90		%	0.84		%	0.90		%

Retail Bank (2)
Total	$	912		$	854		$	845		$	797		$	806		$	145.9
Ratio	0.60		%	0.58		%	0.58		%	0.53		%	0.56		%
North America (2)	$	213		$	212		$	203		$	176		$	198		$	50.6
Ratio	0.46		%	0.46		%	0.43		%	0.37		%	0.40		%
Latin America	$	302		$	290		$	282		$	266		$	280		$	23.9
Ratio	1.07		%	1.11		%	1.10		%	1.04		%	1.17		%
Asia (3)	$	397		$	352		$	360		$	355		$	328		$	71.4
Ratio	0.51		%	0.46		%	0.48		%	0.47		%	0.46		%

Cards
Total	$	1,894		$	1,834		$	1,666		$	1,590		$	1,701		$	132.4
Ratio	1.37		%	1.29		%	1.26		%	1.19		%	1.28		%
North America - Citi-Branded	$	566		$	568		$	497		$	462		$	504		$	64.8
Ratio	0.85		%	0.84		%	0.78		%	0.72		%	0.78		%
North America - Retail Services	$	729		$	748		$	673		$	652		$	758		$	43.1
Ratio	1.70		%	1.61		%	1.59		%	1.51		%	1.76		%
Latin America	$	322		$	262		$	247		$	229		$	219		$	7.5
Ratio	3.29		%	2.82		%	2.91		%	2.76		%	2.92		%
Asia (3)	$	277		$	256		$	249		$	247		$	220		$	17.0
Ratio	1.47		%	1.38		%	1.40		%	1.36		%	1.29		%

Citi Holdings - Consumer (2) (4)	$	2,156		$	1,831		$	1,339		$	1,272		$	1,348		$	54.8
*Ratio*	2.73		%	2.45		%	2.27		%	2.28		%	2.58		%
International	$	178		$	168		$	142		$	119		$	118		$	4.1
Ratio	1.96		%	2.10		%	2.90		%	2.83		%	2.88		%
North America (2) (4)	$	1,978		$	1,663		$	1,197		$	1,153		$	1,230		$	50.7
Ratio	2.83		%	2.49		%	2.21		%	2.24		%	2.56		%
Other																$	0.3

Total Citigroup (2) (4)	$	4,962		$	4,519		$	3,850		$	3,659		$	3,855		$	333.4
Ratio	1.34		%	1.24		%	1.14		%	1.08		%	1.17		%

(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 Consumer Banking and North America Local Consumer Lending excludes 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 1 on page 10 and footnote 2 on page 25.
(3)	For reporting purposes, Asia GCB includes the results of operations of EMEA GCB for all periods presented.
(4)	The September 30, 2014, December 31, 2014, March 31, 2015, June 30, 2015 and September 30, 2015 Loans 90+ Days Past Due and 30-89 Days Past Due and related ratios exclude $17 million, $15 million, $14 million, $12 million and $12 million, respectively, of loans that are carried at fair value.

Reclassified to conform to the current period’s presentation.

ALLOWANCE FOR CREDIT LOSSES - PAGE 1

TOTAL CITIGROUP

(In millions of dollars)

																3Q15 Increase/				Nine			Nine			YTD 2015 vs.
	3Q			4Q			1Q			2Q			3Q			(Decrease) from				Months			Months			YTD 2014 Increase/
	2014			2014			2015			2015			2015			2Q15		3Q14		2014			2015			(Decrease)

Total Citigroup
Allowance for Loan Losses at Beginning of Period (1)	$	17,890		$	16,915		$	15,994		$	14,598		$	14,075						$	19,648		$	15,994

Gross Credit (Losses)	(2,586		)	(2,727		)	(2,458		)	(2,335		)	(2,068		)	11	%	20	%	(8,381		)	(6,861		)	18	%
Gross Recoveries	489			479			501			415			405			(2	)%	(17	)%	1,656			1,321			(20	)%
Net Credit (Losses) / Recoveries (NCLs)	(2,097		)	(2,248		)	(1,957		)	(1,920		)	(1,663		)	13	%	21	%	(6,725		)	(5,540		)	18	%
NCLs	2,097			2,248			1,957			1,920			1,663			(13	)%	(21	)%	6,725			5,540			(18	)%
Net Reserve Builds / (Releases)	(492		)	(306		)	(91		)	(199		)	43			NM		NM		(1,573		)	(247		)	84	%
Net Specific Reserve Builds / (Releases)	(30		)	(61		)	(111		)	(206		)	(124		)	40	%	NM		(205		)	(441		)	NM
Provision for Loan Losses	1,575			1,881			1,755			1,515			1,582			4	%	—		4,947			4,852			(2	)%
Other (2) (3) (4) (5) (6) (7)	(453		)	(554		)	(1,194		)	(118		)	(368		)	NM		19	%	(955		)	(1,680		)
Allowance for Loan Losses at End of Period (1) (a)	$	16,915		$	15,994		$	14,598		$	14,075		$	13,626						$	16,915		$	13,626

Allowance for Unfunded Lending Commitments (8) (a)	$	1,140		$	1,063		$	1,023		$	973		$	1,036						$	1,140		$	1,036

Provision for Unfunded Lending Commitments	$	(30	)	$	(74	)	$	(37	)	$	(48	)	$	65						$	(88	)	$	(20	)

Total Allowance for Loans, Leases and Unfunded Lending Commitments [Sum of (a)]	$	18,055		$	17,057		$	15,621		$	15,048		$	14,662						$	18,055		$	14,662

Total Allowance for Loan Losses as a Percentage of Total Loans (9)	2.60		%	2.50		%	2.38		%	2.25		%	2.21		%

Allowance for Loan Losses at End of Period (1):
Citicorp	$	11,582		$	11,142		$	10,976		$	10,672		$	10,505
Citi Holdings	5,333			4,852			3,622			3,403			3,121
Total Citigroup	$	16,915		$	15,994		$	14,598		$	14,075		$	13,626

(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, securitizations, foreign currency translation (FX translation), purchase accounting adjustments, etc.

(3) The third quarter of 2014 includes a reduction of approximately $259 million related to the sale or transfers to held-for-sale (HFS) of various loan portfolios, including a reduction of $151 million related to a transfer of a real estate loan portfolio to HFS and a reduction of approximately $108 million related to the transfer of various EMEA loan portfolios to HFS. Additionally, the third quarter includes a reduction of approximately $181 million related to FX translation.

(4) The fourth quarter of 2014 includes a reduction of approximately $250 million related to the sale or transfers to HFS of various loan portfolios, including a reduction of $194 million related to a transfer of a real estate loan portfolio to HFS. Additionally, the fourth quarter includes a reduction of approximately $282 million related to FX translation.

(5) The first quarter of 2015 includes a reduction of approximately $1,032 million related to the sale or transfers to HFS of various loan portfolios, including a reduction of $281 million related to a transfer of a real estate loan portfolio to HFS. Additionally, the first quarter includes a reduction of approximately $145 million related to FX translation.

(6) The second quarter of 2015 includes a reduction of approximately $88 million related to the sale or transfers to HFS of various loan portfolios, including a reduction of $34 million related to a transfer of a real estate loan portfolio to HFS. Additionally, the second quarter includes a reduction of approximately $39 million related to FX translation.

(7) The third quarter of 2015 includes a reduction of approximately $110 million related to the sale or transfers to HFS of various loan portfolios, including a reduction of $14 million related to a transfer of a real estate loan portfolio to HFS. Additionally, the third quarter includes a reduction of approximately $255 million related to FX translation.

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

(9) September 30, 2014, December 31, 2014, March 31, 2015, June 30, 2015 and September 30, 2015, exclude $4.4 billion, $5.9 billion, $6.6 billion, $6.5 billion and $5.5 billion, respectively, of loans which are carried at fair value.

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

ALLOWANCE FOR CREDIT LOSSES - PAGE 2

TOTAL CITIGROUP

(In millions of dollars)

																3Q15 Increase/				Nine			Nine			YTD 2015 vs.
	3Q			4Q			1Q			2Q			3Q			(Decrease) from				Months			Months			YTD 2014 Increase/
	2014			2014			2015			2015			2015			2Q15		3Q14		2014			2015			(Decrease)

Total Citigroup Consumer Loans
Allowance for Loan Losses at Beginning of Period (1)	$	15,520		$	14,575		$	13,605		$	12,122		$	11,749						$	17,064		$	13,605

Net Credit Losses (NCLs)	(2,115		)	(2,098		)	(1,966		)	(1,814		)	(1,617		)	11	%	24	%	(6,587		)	(5,397		)	18	%
NCLs	2,115			2,098			1,966			1,814			1,617			(11	)%	(24	)%	6,587			5,397			(18	)%
Net Reserve Builds / (Releases)	(393		)	(399		)	(191		)	(158		)	(72		)	54	%	82	%	(1,347		)	(421		)	69	%
Net Specific Reserve Builds / (Releases)	(117		)	(39		)	(114		)	(87		)	(202		)	NM		(73	)%	(207		)	(403		)	(95	)%
Provision for Loan Losses	1,605			1,660			1,661			1,569			1,343			(14	)%	(16	)%	5,033			4,573			(9	)%
Other (2) (3) (4) (5) (6) (7)	(435		)	(532		)	(1,178		)	(128		)	(365		)	NM		16	%	(935		)	(1,671		)	(79	)%
Allowance for Loan Losses at End of Period (1) (a)	$	14,575		$	13,605		$	12,122		$	11,749		$	11,110						$	14,575		$	11,110

Consumer Allowance for Unfunded Lending Commitments (8) (a)	$	55		$	36		$	32		$	31		$	31						$	55		$	31

Provision for Unfunded Lending Commitments	$	(2	)	$	(15	)	$	(4	)	$	(1	)	$	1						$	(7	)	$	(4	)

Total Allowance for Loans, Leases and Unfunded Lending Commitments [Sum of (a)]	$	14,630		$	13,641		$	12,154		$	11,780		$	11,141						$	14,630		$	11,141

Consumer Allowance for Loan Losses as a Percentage of Total Consumer Loans (9)	3.87		%	3.68		%	3.55		%	3.43		%	3.33		%

Total Citigroup Corporate Loans
Allowance for Loan Losses at Beginning of Period (1)	$	2,370		$	2,340		$	2,389		$	2,476		$	2,326						$	2,584		$	2,389

Net Credit (Losses) / Recoveries (NCL’s)	18			(150		)	9			(106		)	(46		)	57	%	NM		(138		)	(143		)	(4	)%
NCLs	(18		)	150			(9		)	106			46			(57	)%	NM		138			143			4	%
Net Reserve Builds / (Releases)	(99		)	93			100			(41		)	115			NM		NM		(226		)	174			NM
Net Specific Reserve Builds / (Releases)	87			(22		)	3			(119		)	78			NM		(10	)%	2			(38		)	NM
Provision for Loan Losses	(30		)	221			94			(54		)	239			NM		NM		(86		)	279			NM
Other (2)	(18		)	(22		)	(16		)	10			(3		)					(20		)	(9		)
Allowance for Loan Losses at End of Period (1) (b)	$	2,340		$	2,389		$	2,476		$	2,326		$	2,516						$	2,340		$	2,516

Corporate Allowance for Unfunded Lending Commitments (8) (b)	$	1,085		$	1,027		$	991		$	942		$	1,005						$	1,085		$	1,005

Provision for Unfunded Lending Commitments	$	(28	)	$	(59	)	$	(33	)	$	(47	)	$	64						$	(81	)	$	(16	)

Total Allowance for Loans, Leases and Unfunded Lending Commitments [Sum of (b)]	$	3,425		$	3,416		$	3,467		$	3,268		$	3,521						$	3,425		$	3,521

Corporate Allowance for Loan Losses as a Percentage of Total Corporate Loans (10)	0.86		%	0.89		%	0.91		%	0.82		%	0.89		%

Footnotes to these tables are on the following page (page 34).

ALLOWANCE FOR CREDIT LOSSES - PAGE 3

TOTAL CITIGROUP

The following footnotes relate to the tables on the prior page (page 33).

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

(9) September 30, 2014, December 31, 2014, March 31, 2015, June 30, 2015 and September 30, 2015 exclude $45 million, $43 million, $38 million, $39 million and $37 million, respectively, of loans which are carried at fair value.

(10) September 30, 2014, December 31, 2014, March 31, 2015, June 30, 2015 and September 30, 2015 exclude $4.4 billion, $5.9 billion, $6.5 billion, $6.5 billion and $5.5 billion, respectively, of loans which are carried at fair value.

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

COMPONENTS OF PROVISION FOR LOAN LOSSES - PAGE 1

CITICORP
(In millions of dollars)

																3Q15 Increase/				Nine			Nine			YTD 2015 vs.
	3Q			4Q			1Q			2Q			3Q			(Decrease) from				Months			Months			YTD 2014 Increase/
	2014			2014			2015			2015			2015			2Q15		3Q14		2014			2015			(Decrease)

Citicorp
Net Credit Losses	$	1,692		$	1,831		$	1,549		$	1,662		$	1,445		(13	)%	(15	)%	$	5,305		$	4,656		(12	)%
Credit Reserve Build / (Release)	(387		)	(153		)	(6		)	(235		)	128			NM		NM		(1,085		)	(113		)	90	%
Global Consumer Banking
Net Credit Losses	1,680			1,710			1,551			1,579			1,411			(11	)%	(16	)%	5,150			4,541			(12	)%
Credit Reserve Build / (Release)	(379		)	(254		)	(113		)	(103		)	(64		)	38	%	83	%	(894		)	(280		)	69	%
North America Regional Consumer Banking
Net Credit Losses	1,019			1,013			961			1,000			878			(12	)%	(14	)%	3,193			2,839			(11	)%
Credit Reserve Build / (Release)	(341		)	(233		)	(100		)	(109		)	(61		)	44	%	82	%	(1,009		)	(270		)	73	%
Retail Banking
Net Credit Losses	36			36			36			40			34			(15	)%	(6	)%	107			110			3	%
Credit Reserve Build / (Release)	(11		)	28			18			(6		)	32			NM		NM		(43		)	44			NM
Citi-Branded Cards
Net Credit Losses	526			514			492			503			443			(12	)%	(16	)%	1,683			1,438			(15	)%
Credit Reserve Build / (Release)	(212		)	(220		)	(119		)	(74		)	(105		)	(42	)%	50	%	(623		)	(298		)	52	%
Citi Retail Services
Net Credit Losses	457			463			433			457			401			(12	)%	(12	)%	1,403			1,291			(8	)%
Credit Reserve Build / (Release)	(118		)	(41		)	1			(29		)	12			NM		NM		(343		)	(16		)	95	%
Latin America Regional Consumer Banking
Net Credit Losses	460			511			417			392			355			(9	)%	(23	)%	1,350			1,164			(14	)%
Credit Reserve Build / (Release)	(4		)	(36		)	22			7			61			NM		NM		156			90			(42	)%
Retail Banking
Net Credit Losses	210			278			188			196			168			(14	)%	(20	)%	629			552			(12	)%
Credit Reserve Build / (Release)	2			(37		)	24			4			30			NM		NM		24			58			NM
Citi-Branded Cards
Net Credit Losses	250			233			229			196			187			(5	)%	(25	)%	721			612			(15	)%
Credit Reserve Build / (Release)	(6		)	1			(2		)	3			31			NM		NM		132			32			(76	)%
Asia Regional Consumer Banking (1)
Net Credit Losses	201			186			173			187			178			(5	)%	(11	)%	607			538			(11	)%
Credit Reserve Build / (Release)	(34		)	15			(35		)	(1		)	(64		)	NM		(88	)%	(41		)	(100		)	NM
Retail Banking
Net Credit Losses	79			74			70			79			77			(3	)%	(3	)%	242			226			(7	)%
Credit Reserve Build / (Release)	(25		)	—			(14		)	4			(37		)	NM		(48	)%	(19		)	(47		)	NM
Citi-Branded Cards
Net Credit Losses	122			112			103			108			101			(6	)%	(17	)%	365			312			(15	)%
Credit Reserve Build / (Release)	(9		)	15			(21		)	(5		)	(27		)	NM		NM		(22		)	(53		)	NM

Institutional Clients Group (ICG)
Net Credit Losses	12			121			(2		)	83			34			(59	)%	NM		155			115			(26	)%
Credit Reserve Build / (Release)	(8		)	101			107			(132		)	192			NM		NM		(191		)	167			NM

Corporate / Other
Net Credit Losses	—			—			—			—			—			—		—		—			—			—
Credit Reserve Build / (Release)	—			—			—			—			—			—		—		—			—			—

Total Citicorp Provision for Loan Losses	$	1,305		$	1,678		$	1,543		$	1,427		$	1,573		10	%	21	%	$	4,220		$	4,543		8	%

(1) For reporting purposes, Asia GCB includes the results of operations of EMEA GCB for all periods presented.

NM Not meaningful.

Reclassified to conform to the current period’s presentation.

COMPONENTS OF PROVISION FOR LOAN LOSSES - PAGE 2

CITI HOLDINGS / TOTAL CITIGROUP
(In millions of dollars)

																3Q15 Increase/				Nine			Nine			YTD 2015 vs.
	3Q			4Q			1Q			2Q			3Q			(Decrease) from				Months			Months			YTD 2014 Increase/
	2014			2014			2015			2015			2015			2Q15		3Q14		2014			2015			(Decrease)
Citi Holdings
Net Credit Losses (1)	$	405		$	417		$	408		$	258		$	218		(16	)%	(46	)%	$	1,420		$	884		(38	)%
Credit Reserve Build / (Release)	(135		)	(214		)	(196		)	(170		)	(209		)	(23	)%	(55	)%	(693		)	(575		)	17	%

Total Citi Holdings Provision for Loan Losses	$	270		$	203		$	212		$	88		$	9		(90	)%	(97	)%	$	727		$	309		(57	)%

Total Citicorp Provision for Loan Losses (from prior page)	$	1,305		$	1,678		$	1,543		$	1,427		$	1,573		10	%	21	%	$	4,220		$	4,543		8	%

Total Citigroup Provision for Loan Losses	$	1,575		$	1,881		$	1,755		$	1,515		$	1,582		4	%	—		$	4,947		$	4,852		(2	)%

(1) See footnote 1 on page 23

Reclassified to conform to the current period’s presentation.

NON-ACCRUAL ASSETS - PAGE 1

TOTAL CITIGROUP

(In millions of dollars)

																3Q15 Increase/
	3Q			4Q			1Q			2Q			3Q			(Decrease) from
	2014			2014			2015			2015			2015			2Q15		3Q14
Non-Accrual Loans (1)
Corporate Non-Accrual Loans By Region (2)
North America	$	365		$	321		$	347		$	467		$	830		78	%	NM
EMEA	322			267			287			322			372			16	%	16	%
Latin America	481			416			376			224			227			1	%	(53	)%
Asia	182			179			151			145			129			(11	)%	(29	)%
Total	$	1,350		$	1,183		$	1,161		$	1,158		$	1,558		35	%	15	%

Consumer Non-Accrual Loans By Region (2) (3)
North America	$	4,546		$	4,412		$	4,192		$	3,934		$	3,630		(8	)%	(20	)%
Latin America	1,364			1,188			1,086			1,034			938			(9	)%	(31	)%
Asia (4)	362			324			315			311			281			(10	)%	(22	)%
Total	$	6,272		$	5,924		$	5,593		$	5,279		$	4,849		(8	)%	(23	)%

OTHER REAL ESTATE OWNED AND OTHER REPOSSESSED ASSETS

ICG	$	20		$	31		$	28		$	23		$	35		52	%	75	%
Global Consumer Banking	46			45			54			57			45			(21	)%	(2	)%
Citi Holdings	296			168			172			159			143			(10	)%	(52	)%
Corporate/Other	20			16			21			7			4			(43	)%	(80	)%

TOTAL OTHER REAL ESTATE OWNED (OREO) (5)	$	382		$	260		$	275		$	246		$	227		(8	)%	(41	)%

OREO By Region:
North America	$	303		$	195		$	221		$	190		$	177		(7	)%	(42	)%
EMEA	18			8			1			1			1			—		(94	)%
Latin America	49			47			48			50			44			(12	)%	(10	)%
Asia	12			10			5			5			5			—		(58	)%
Total	$	382		$	260		$	275		$	246		$	227		(8	)%	(41	)%

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

Non-Accrual Assets (NAA) (6)
Corporate Non-Accrual Loans	$	1,350		$	1,183		$	1,161		$	1,158		$	1,558		35	%	15	%
Consumer Non-Accrual Loans	6,272			5,924			5,593			5,279			4,849			(8	)%	(23	)%
Non-Accrual Loans (NAL)	7,622			7,107			6,754			6,437			6,407			—		(16	)%
OREO	382			260			275			246			227			(8	)%	(41	)%
Other Repossessed Assets	—			—			—			—			—			—		—
Non-Accrual Assets (NAA)	$	8,004		$	7,367		$	7,029		$	6,683		$	6,634		(1	)%	(17	)%

NAL as a % of Total Loans	1.17		%	1.10		%	1.09		%	1.02		%	1.03		%
NAA as a % of Total Assets	0.43		%	0.40		%	0.38		%	0.37		%	0.37		%

Allowance for Loan Losses as a % of NAL	222		%	225		%	216		%	219		%	213		%

(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 first and second quarters of 2015 reflect the transfers of non accrual loans to HFS resulting from the agreements to sell OneMain, Japan Retail and Japan Cards.
(3)	Excludes SOP 03-3 purchased distressed loans.
(4)	For reporting purposes, Asia GCB includes the results of operations of EMEA GCB 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.

NON-ACCRUAL ASSETS - PAGE 2
CITICORP
(In millions of dollars)

																3Q15 Increase/
	3Q			4Q			1Q			2Q			3Q			(Decrease) from
	2014			2014			2015			2015			2015			2Q15		3Q14

Non-Accrual Loans (1)
Corporate Non-Accrual Loans By Region (2)
North America	$	353		$	307		$	334		$	455		$	816		79	%	NM
EMEA	281			228			250			281			336			20	%	20	%
Latin America	480			415			375			223			226			1	%	(53	)%
Asia	176			176			149			144			127			(12	)%	(28	)%
Total	$	1,290		$	1,126		$	1,108		$	1,103		$	1,505		36	%	17	%

Consumer Non-Accrual Loans By Region (2) (3)
North America	$	440		$	465		$	351		$	374		$	364		(3	)%	(17	)%
Latin America	1,311			1,134			1,043			998			902			(10	)%	(31	)%
Asia (4)	317			286			287			285			259			(9	)%	(18	)%
Total	$	2,068		$	1,885		$	1,681		$	1,657		$	1,525		(8	)%	(26	)%

OTHER REAL ESTATE OWNED AND OTHER REPOSSESSED ASSETS

ICG	$	20		$	31		$	28		$	23		$	35		52	%	75	%
Global Consumer Banking	46			45			54			57			45			(21	)%	(2	)%
Corporate/Other	20			16			21			7			4			(43	)%	(80	)%

TOTAL OTHER REAL ESTATE OWNED (OREO) (5)	$	86		$	92		$	103		$	87		$	84		(3	)%	(2	)%

OREO By Region:
North America	$	24		$	35		$	54		$	35		$	39		11	%	63	%
EMEA	6			6			1			1			1			—		(83	)%
Latin America	44			41			43			46			39			(15	)%	(11	)%
Asia	12			10			5			5			5			—		(58	)%
Total	$	86		$	92		$	103		$	87		$	84		(3	)%	(2	)%

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

Non-Accrual Assets (NAA) (6)
Corporate Non-Accrual Loans	$	1,290		$	1,126		$	1,108		$	1,103		$	1,505		36	%	17	%
Consumer Non-Accrual Loans	2,068			1,885			1,681			1,657			1,525			(8	)%	(26	)%
Non-Accrual Loans (NAL)	3,358			3,011			2,789			2,760			3,030			10	%	(10	)%
OREO	86			92			103			87			84			(3	)%	(2	)%
Other Repossessed Assets	—			—			—			—			—
Non-Accrual Assets (NAA)	$	3,444		$	3,103		$	2,892		$	2,847		$	3,114		9	%	(10	)%

NAA as a % of Total Assets	0.20		%	0.18		%	0.17		%	0.17		%	0.18		%

Allowance for Loan Losses as a % of NAL	345		%	370		%	394		%	387		%	347		%

See Notes (1) - (6) on page 37.

Reclassified to conform to the current period’s presentation.

NON-ACCRUAL ASSETS - PAGE 3

CITI HOLDINGS

(In millions of dollars)

																3Q15 Increase/
	3Q			4Q			1Q			2Q			3Q			(Decrease) from
	2014			2014			2015			2015			2015			2Q15		3Q14

Non-Accrual Loans (1)
Corporate Non-Accrual Loans By Region (2)
North America	$	12		$	14		$	13		$	12		$	14		17	%	17	%
EMEA	41			39			37			41			36			(12	)%	(12	)%
Latin America	1			1			1			1			1			—		—
Asia	6			3			2			1			2			100	%	(67	)%
Total	$	60		$	57		$	53		$	55		$	53		(4	)%	(12	)%

Consumer Non-Accrual Loans By Region (2) (3)
North America	$	4,106		$	3,947		$	3,841		$	3,560		$	3,266		(8	)%	(20	)%
Latin America	53			54			43			36			36			—		(32	)%
Asia (4)	45			38			28			26			22			(15	)%	(51	)%
Total	$	4,204		$	4,039		$	3,912		$	3,622		$	3,324		(8	)%	(21	)%

OTHER REAL ESTATE OWNED AND OTHER REPOSSESSED ASSETS

OREO By Region (5):
North America	$	279		$	160		$	167		$	155		$	138		(11	)%	(51	)%
EMEA	12			2			—			—			—			—		(100	)%
Latin America	5			6			5			4			5			25	%	—
Asia	—			—			—			—			—			—		—
Total	$	296		$	168		$	172		$	159		$	143		(10	)%	(52	)%

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

Non-Accrual Assets (NAA) (6)
Corporate Non-Accrual Loans	$	60		$	57		$	53		$	55		$	53		(4	)%	(12	)%
Consumer Non-Accrual Loans	4,204			4,039			3,912			3,622			3,324			(8	)%	(21	)%
Non-Accrual Loans (NAL)	4,264			4,096			3,965			3,677			3,377			(8	)%	(21	)%
OREO	296			168			172			159			143			(10	)%	(52	)%
Other Repossessed Assets	—			—			—			—			—
Non-Accrual Assets (NAA)	$	4,560		$	4,264		$	4,137		$	3,836		$	3,520		(8	)%	(23	)%

NAA as a % of Total Assets	3.33		%	3.31		%	3.39		%	3.31		%	3.20		%

Allowance for Loan Losses as a % of NAL	125		%	118		%	91		%	93		%	92		%

See Notes (1) - (6) on page 37.

Reclassified to conform to the current period’s presentation.

CITIGROUP

RECONCILIATION OF NON-GAAP FINANCIAL MEASURES

(In millions of dollars, except per share amounts and ratios)

	September 30,			December 31,			March 31,			June 30,			September 30,
Common Equity Tier 1 Capital Ratio and Components	2014			2014			2015			2015			2015(1)

Citigroup Common Stockholders’ Equity(2)	$	203,077		$	199,841		$	202,782		$	205,610		$	205,772
Add: Qualifying noncontrolling interests	172			165			146			146			147
Regulatory Capital Adjustments and Deductions:
Less:
Accumulated net unrealized losses on cash flow hedges, net of tax(3)	(979		)	(909		)	(823		)	(731		)	(542		)
Cumulative unrealized net gain related to changes in fair value of financial liabilities attributable to own creditworthiness, net of tax(4)	193			279			332			474			717
Intangible Assets:
Goodwill, net of related deferred tax liabilities (DTLs)(5)	23,678			22,805			22,448			22,312			21,732
Identifiable intangible assets other than mortgage servicing rights (MSRs), net of related DTLs	4,307			4,373			4,184			4,153			3,911
Defined benefit pension plan net assets	1,179			936			897			815			904
Deferred tax assets (DTAs) arising from net operating loss, foreign tax credit and general business credit carry-forwards	24,654			23,626			23,190			23,760			23,295
Excess over 10% / 15% limitations for other DTAs, certain common stock investments and MSRs(6)	11,670			12,299			10,755			9,538			9,451

Common Equity Tier 1 Capital (CET1)	$	138,547		$	136,597		$	141,945		$	145,435		$	146,451

Risk-Weighted Assets (RWA)	$	1,301,660		$	1,292,605		$	1,283,758		$	1,278,593		$	1,257,537

Common Equity Tier 1 Capital Ratio (CET1/RWA)	10.64		%	10.57		%	11.06		%	11.37		%	11.6		%

Tangible Common Equity (TCE) and Tangible Book Value Per Share

Common Equity	$	202,960		$	199,717		$	202,652		$	205,472		$	205,630
Less:
Goodwill	24,500			23,592			23,150			23,012			22,444
Intangible assets (other than MSRs)	4,525			4,566			4,244			4,071			3,880
Goodwill related to assets held-for-sale	—			71			174			122			190
Intangible assets (other than MSRs) related to assets held-for-sale	—			—			123			152			155

Tangible Common Equity (TCE)	$	173,935		$	171,488		$	174,961		$	178,115		$	178,961
Common Shares Outstanding (CSO)	3,029.5			3,023.9			3,034.1			3,009.8			2,979.0
Tangible Book Value Per Share (TCE/CSO)	$	57.41		$	56.71		$	57.66		$	59.18		$	60.07

(1) Preliminary.

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

(3) Citi’s 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.

(4) 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.

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

(6) Assets subject to 10%/15% limitations include MSRs, DTAs arising from temporary differences and significant common stock investments in unconsolidated financial institutions. At September 30, 2015, June 30, 2015 and March 31, 2015, the deduction related only to DTAs arising from temporary differences that exceeded the 10% limitation, while for prior periods, the deduction related to all three assets which exceeded both the 10% and 15% limitations.

Reclassified to conform to the current period’s presentation.

CITIGROUP INC - FORM 8-K - EX-99.2 - October 15, 2015

Attached files