INTEREST INCOME AND EXPENSE (Tables)

3 Months Ended

Mar. 31, 2024

Banking and Thrift, Interest [Abstract]

Interest revenue and interest expense

Interest income and Interest expense consisted of the following:

	Three Months Ended March 31,
In millions of dollars	2024		2023
Interest income
Consumer loans	$	9,798	$	8,624
Corporate loans	5,744		4,659
Loan interest, including fees	$	15,542	$	13,283
Deposits with banks	2,647		3,031
Securities borrowed and purchased under agreements to resell	7,822		5,174
Investments, including dividends	4,849		4,144
Trading account assets(1)	4,128		2,747
Other interest-earning assets(2)	1,235		1,016
Total interest income	$	36,223	$	29,395
Interest expense
Deposits	$	10,411	$	7,708
Securities loaned and sold under agreements to repurchase	6,966		3,566
Trading account liabilities(1)	831		787
Short-term borrowings and other interest-bearing liabilities(3)	1,956		1,649
Long-term debt	2,552		2,337
Total interest expense	$	22,716	$	16,047
Net interest income	$	13,507	$	13,348
Provision for credit losses on loans	2,422		1,737
Net interest income after provision for credit losses on loans	$	11,085	$	11,611

(1)Interest expense on Trading account liabilities of Services, Markets and Banking is reported as a reduction of Interest income. Interest income and Interest expense on cash collateral positions are reported in interest on Trading account assets and Trading account liabilities, respectively.

(2)Includes assets from businesses held-for-sale (see Note 2) and Brokerage receivables.

(3)Includes liabilities from businesses held-for-sale (see Note 2) and Brokerage payables.