8-KEarnings & ResultsExhibits & Filings

CITIGROUP INC 8-K Report, Financial Results (Oct 13, 2023)

Filed October 13, 2023For Securities:CC-PNC-PR

Summary

Citigroup Inc. (C) filed an 8-K on October 13, 2023, to report its financial results for the third quarter ended September 30, 2023. The filing primarily serves to make the official press release and a detailed quarterly financial data supplement available to the public. Investors should refer to the press release (Exhibit 99.1) and the financial data supplement (Exhibit 99.2) for a comprehensive understanding of the company's performance during the quarter. These documents will contain the key figures and operational details relevant to assessing Citigroup's financial condition and results of operations. While this 8-K itself does not contain the specific financial figures, it formally incorporates the detailed earnings announcement. Investors interested in Citigroup's third-quarter performance, including revenue, net income, earnings per share, and segment performance, should examine the referenced exhibits. These exhibits are the primary source of information regarding the company's operational and financial outcomes for the period.

Key Highlights

  • 1Citigroup Inc. officially announced its third-quarter 2023 financial results on October 13, 2023.
  • 2The 8-K filing incorporates by reference the company's press release detailing these results (Exhibit 99.1).
  • 3A Quarterly Financial Data Supplement for the period ended September 30, 2023, is also furnished as an exhibit (Exhibit 99.2).
  • 4Investors should consult the press release and financial data supplement for specific financial performance details.
  • 5The filing does not contain the actual financial statements or results within the 8-K text itself but directs readers to the attached exhibits.
  • 6The Principal Accounting Officer, Johnbull E. Okpara, signed the filing, confirming its accuracy.
  • 7No extended transition period for new accounting standards is being elected, indicating compliance with current standards.

Frequently Asked Questions

Citigroup's Q3 2023 financial results are detailed in the press release filed as Exhibit 99.1 and the Quarterly Financial Data Supplement filed as Exhibit 99.2 to this Form 8-K, dated October 13, 2023. These documents are incorporated by reference and should be reviewed for specific performance figures.

No, the 8-K filing itself primarily serves as a notification and an entry point to the official earnings release and supplementary data. The specific financial numbers and operational details are contained within the referenced exhibits (Exhibit 99.1 and Exhibit 99.2).

When a document is 'incorporated by reference,' it means that the SEC views it as if it were physically attached to and part of the 8-K filing. Therefore, the information contained in the press release (Exhibit 99.1) is considered officially filed with the SEC and is available for review by investors and regulators.

The filing indicates that Citigroup is not using the extended transition period for complying with new or revised financial accounting standards. This suggests the company is adopting these standards on the required effective dates.