C · News · 20261014N

Consumer Credit Performance

CITIGROUP INC · 2026-10-14 · Importance 25 · Surprise 32

Consumer-card profit declined 8% year over year in the third quarter despite increased customer spending. The deterioration occurred alongside $2.586 billion of company-wide credit-loss provisions. The card result contrasts with stronger Services, Markets, and Wealth Management performance. The 8% year-over-year change exceeds the required 3% revenue-based materiality screen for percentage movements.

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