8-KEarnings & ResultsExhibits & Filings

CITIGROUP INC 8-K Report, Financial Results (Jan 14, 2020)

Filed January 14, 2020For Securities:CC-PNC-PR

Summary

Citigroup Inc. (C) filed an 8-K report on January 14, 2020, to announce its financial results for the fourth quarter and full year ended December 31, 2019. The filing primarily serves to furnish investors with the company's earnings press release (Exhibit 99.1) and a detailed Quarterly Financial Data Supplement (Exhibit 99.2). These documents provide the official figures for the company's performance during the period, allowing investors to assess profitability, revenue generation, and other key financial metrics. While the 8-K itself does not contain detailed financial numbers, it directs investors to the accompanying exhibits for a comprehensive review of Citigroup's operational and financial condition. Investors should refer to Exhibit 99.1 and Exhibit 99.2 for specific earnings per share, net income, revenue, and balance sheet information, as well as management's commentary on the results and outlook.

Key Highlights

  • 1Citigroup Inc. announced its Q4 and full-year 2019 financial results on January 14, 2020.
  • 2The 8-K filing incorporates by reference the company's earnings press release (Exhibit 99.1).
  • 3A Quarterly Financial Data Supplement for the period ended December 31, 2019, is also provided as Exhibit 99.2.
  • 4These exhibits are the primary source for detailed financial performance data for the reported period.
  • 5The filing serves to officially disseminate the company's latest financial results to the public and regulatory bodies.

Frequently Asked Questions

The detailed financial results are not presented directly within the 8-K filing itself. Instead, you should refer to Exhibit 99.1 (the press release) and Exhibit 99.2 (the Quarterly Financial Data Supplement) which are attached to this 8-K filing.

An 8-K filing, particularly one related to Item 2.02 (Results of Operations and Financial Condition), is significant because it's the official mechanism for a public company to announce material events, such as quarterly earnings. It ensures that investors have timely and consistent access to the company's reported financial performance.

The press release (Exhibit 99.1) is deemed 'filed' under the Securities Exchange Act of 1934. However, the Quarterly Financial Data Supplement (Exhibit 99.2) is being 'furnished' and is not considered 'filed' for the purposes of Section 18 of the Act or subject to the liabilities of that section.