C · Earnings call · 2026Q3T · Full report
Net Interest Income Trends
CITIGROUP INC · 2026-10-13 · Importance 31 · Surprise 32 · No source text
NII excluding markets increased approximately 7% year over year, compared with 11% deposit growth and 7% loan growth in the quarter. Management said NII growth is broadly tracking its underlying deposit and loan drivers rather than outgrowing them. Deposits had grown 16% year over year at an earlier point, but management expects growth to normalize over time while remaining confident in the long-term trajectory. From 2016 through 2025, the business delivered approximately 8% revenue CAGR and 6% deposit CAGR across zero-, medium-, and high-rate environments.
Key facts
- CITIGROUP INC expects NII ex-markets growth in the mid- to high-6% range for the full year.
- NII ex-markets this quarter was about 7% year on year, versus deposits growing at 11% and loans growing at 7%.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | committed | — | CITIGROUP INC expects NII ex-markets growth in the mid- to high-6% range for the full year. |