Citigroup Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff (Recovery) decreased by 0.3% to $2.21B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 10.2%, from $2.46B to $2.21B. This is a positive signal — lower values indicate better performance for this metric.
High levels of net write-offs relative to the reserve suggest aggressive credit risk realization, whereas recoveries signal effective collection efforts.
Reflects the net impact of write-offs and subsequent recoveries on the allowance for credit losses for financing receiva...
Commonly reported by banks and insurers with lending operations as 'Net Charge-offs'.
other_financing_receivable_excluding_accrued_interest_al_e2d57a| Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $872.00M | $850.00M | $887.00M | $1.30B | $1.50B | $1.64B | $2.30B | $2.28B | $2.17B | $2.46B | $2.23B | $2.21B | $2.21B |
| QoQ Change | — | -2.5% | +4.4% | +46.8% | +15.5% | +8.8% | +40.7% | -0.9% | -4.9% | +13.2% | -9.2% | -0.9% | -0.3% |
| YoY Change | — | — | — | +49.3% | +76.9% | +84.6% | +76.9% | +51.8% | +32.7% | +6.8% | -2.1% | +1.9% | -10.2% |