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- Citigroup (NYSE:C) credit card delinquency rate decreased to 0.78% in May compared with 0.82% in April and 0.97% in May 2021, according to an SEC filing.
- Its net charge-off rate was 1.39% in May vs. 1.36% in the prior month and 1.79% in the year-ago period, trailing above the three-month average of 1.33%.
- Previously, (May 16) Citi delinquency rate fell in April, but net charge-offs rose.