Citibank N.A. reported higher credit card delinquencies and net principal losses in September 2026 across its securitized card trusts, while outstanding principal receivables declined to $18.7 billion from $19.1 billion. Receivables delinquent for 30 days or more rose to 1.35% from 1.29% in August, and the annualized net principal loss rate for the Citibank Credit Card Issuance Trust climbed to 2.18% from 2.03% in August and 1.90% in July. At the group level, provisions for credit losses fell 2% to $7.91 billion in the first nine months of 2026, and the U.S. Cards net credit loss rate improved to 3.6% from 4.0% a year earlier. Management's earlier 2026 guidance projected a U.S. card net credit loss rate of 4-4.5%. These trust figures do not represent Citigroup's entire loan portfolio.
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JPM
▼ Likely negativeJPMorgan Chase
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Financials |
| Industry | Diversified Banks |
| Market cap | $891.9B |
| Close on 10/22/2026 | 336.51 |
| Change that session | +0.39% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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