Three Months Ended June 30,

In millions of dollars, except identifiable assets, average loans and average deposits in billions

ICG

PBWM

Legacy Franchises

Corporate/Other

Total Citi

2022

2021

2022

2021

2022

2021

2022

2021

2022

2021

Net interest income

$

4,520

$

3,760

$

5,569

$

4,985

$

1,474

$

1,621

$

401

$

112

$

11,964

$

10,478

Non-interest revenue

6,899

5,789

460

713

461

658

(146)

115

7,674

7,275

Total revenues, net of interest expense

$

11,419

$

9,549

$

6,029

$

5,698

$

1,935

$

2,279

$

255

$

227

$

19,638

$

17,753

Operating expense

6,434

5,829

3,985

3,547

1,814

1,788

160

307

12,393

11,471

Provisions for credit losses

(202)

(694)

1,355

(170)

121

(204)

—

2

1,274

(1,066)

Income (loss) from continuing operations before taxes

$

5,187

$

4,414

$

689

$

2,321

$

—

$

695

$

95

$

(82)

$

5,971

$

7,348

Provision (benefits) for income taxes

1,209

981

136

516

15

203

(178)

(545)

1,182

1,155

Income (loss) from continuing operations

$

3,978

$

3,433

$

553

$

1,805

$

(15)

$

492

$

273

$

463

$

4,789

$

6,193

Identifiable assets (June 30, 2022 and December 31, 2021)

$

1,700

$

1,613

$

479

$

464

$

108

$

125

$

94

$

89

$

2,381

$

2,291

Average loans

297

287

317

304

43

79

—

657

670

Average deposits

830

818

435

410

51

85

7

8

1,323

1,321

Six Months Ended June 30,

In millions of dollars, except average loans and average deposits in billions

ICG

PBWM

Legacy Franchises

Corporate/Other

Total Citi

2022

2021

2022

2021

2022

2021

2022

2021

2022

2021

Net interest income

$

8,304

$

7,493

$

10,954

$

10,150

$

2,982

$

3,184

$

595

$

157

$

22,835

$

20,984

Non-interest revenue

14,275

13,444

980

1,540

884

1,338

(150)

114

15,989

16,436

Total revenues, net of interest expense

$

22,579

$

20,937

$

11,934

$

11,690

$

3,866

$

4,522

$

445

$

271

$

38,824

$

37,420

Operating expense

13,157

11,761

7,874

6,969

4,107

3,540

420

614

25,558

22,884

Provisions for credit losses

769

(2,233)

979

(727)

281

(160)

—

(1)

2,029

(3,121)

Income (loss) from continuing operations before taxes

$

8,653

$

11,409

$

3,081

$

5,448

$

(522)

$

1,142

$

25

$

(342)

$

11,237

$

17,657

Provision (benefits) for income taxes

2,017

2,546

668

1,223

(122)

330

(440)

(612)

2,123

3,487

Income (loss) from continuing operations

$

6,636

$

8,863

$

2,413

$

4,225

$

(400)

$

812

$

465

$

270

$

9,114

$

14,170

Average loans

$

293

$

284

$

315

$

304

$

45

$

80

$

—

$

—

$

653

$

668

Average deposits

828

814

441

404

53

85

7

10

1,329

1,313