10-QPeriod: Q1 FY1996

CITIGROUP INC Quarterly Report for Q1 Ended Mar 31, 1996

Filed May 14, 1996For Securities:CC-PNC-PR

Summary

This 10-Q filing from Citigroup Inc. for the quarter ending March 30, 1996, provides a snapshot of the company's financial position and performance during that period. As this filing is from 1996, it predates the significant merger that formed the modern Citigroup. Investors reviewing this report should focus on the reported revenue, net income, and key balance sheet items to understand the company's operational health and financial stability at that time. Given the historical context, this report offers insight into the performance of Citigroup's predecessor entities before major strategic consolidation. Analysis of this document would be valuable for understanding the foundational financial trends and operating segments that contributed to the company's trajectory leading up to its subsequent, transformative mergers.

Key Highlights

  • 1The filing covers the quarterly period ending March 30, 1996.
  • 2It was filed with the SEC on May 13, 1996.
  • 3This report provides an update on Citigroup Inc.'s financial performance and position.
  • 4Investors can assess key financial metrics such as revenue, expenses, and net income.
  • 5Balance sheet information will detail assets, liabilities, and equity as of the reporting date.
  • 6The filing is an important document for understanding the company's financial status in mid-1996, prior to significant corporate transformations.

Frequently Asked Questions

The primary purpose of this 10-Q filing is to provide the U.S. Securities and Exchange Commission (SEC) and investors with a quarterly update on Citigroup Inc.'s financial performance and position. It includes unaudited financial statements and management's discussion and analysis of the results of operations and financial condition.

This filing is for Citigroup Inc. as it existed in 1996. It predates the major merger between Citicorp and Travelers Group that formed the modern Citigroup. Therefore, the financial data and operational structure presented will reflect the company's status before these significant strategic changes.

Investors should pay close attention to the income statement for revenue, net income, and earnings per share, and the balance sheet for total assets, total liabilities, and total equity. The Management's Discussion and Analysis (MD&A) section is also crucial for understanding the factors that influenced the company's performance during the quarter and any significant risks or uncertainties.

The actual financial statements, including the balance sheet, income statement, and statement of cash flows, are typically presented in a dedicated section within the 10-Q filing, often labeled as 'Financial Statements' or 'Condensed Consolidated Financial Statements'. Detailed notes to the financial statements provide further context and explanations.