Citigroup 8-K Details Operations, Financial Condition, Debt Instruments
Ticker: C-PR · Form: 8-K · Filed: Jan 12, 2024 · CIK: 831001
| Field | Detail |
|---|---|
| Company | Citigroup Inc (C-PR) |
| Form Type | 8-K |
| Filed Date | Jan 12, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: financial-condition, debt, operations, corporate-filing
TL;DR
**Citi just dropped an 8-K with financial updates and debt details, so check their books.**
AI Summary
Citigroup Inc. filed an 8-K on January 12, 2024, primarily to disclose its results of operations and financial condition. This filing also details various financial instruments, including Series N Medium Term Senior Notes due between September 2026 and March 2036, and Series J Preferred Stock. For investors, this matters because it provides updated financial health information and details about its debt structure, which can influence the company's future earnings and risk profile.
Why It Matters
This filing provides a snapshot of Citigroup's financial health and its outstanding debt obligations, which are crucial for assessing the company's stability and future profitability.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial information and does not indicate any immediate new risks or significant changes.
Analyst Insight
A smart investor would review the detailed financial statements and exhibits referenced in this 8-K to understand Citigroup's current financial health and debt structure, especially the maturity dates and types of senior notes, before making any investment decisions.
Key Numbers
- 2024-01-12 — Date of Report (The date of the earliest event reported in the 8-K filing.)
- 1-9924 — Commission File Number (The SEC file number for Citigroup Inc.)
- 212-559-1000 — Registrant's telephone number (The primary contact number for Citigroup Inc.)
Key Players & Entities
- CITIGROUP INC (company) — the registrant filing the 8-K
- Delaware (company) — state of incorporation for Citigroup Inc.
- 388 Greenwich Street, New York, NY 10013 (company) — principal executive offices of Citigroup Inc.
- 52-1568099 (dollar_amount) — IRS Employer Identification No. for Citigroup Inc.
Forward-Looking Statements
- Citigroup will continue to issue similar medium-term senior notes to manage its debt profile. (Citigroup Inc.) — high confidence, target: 2025-01-12
FAQ
What is the primary purpose of this 8-K filing by Citigroup Inc.?
The primary purpose of this 8-K filing by Citigroup Inc. is to report on its "Results of Operations and Financial Condition" and to provide "Financial Statements and Exhibits" as of January 12, 2024.
What specific financial instruments are mentioned in the filing?
The filing specifically mentions various financial instruments including 'us-gaap:CommonStockMember', 'c:SeriesNMediumTermSeniorNotesDueSept2028Member', 'c:SeriesNMediumTermSeniorNotesDueSept2026Member', 'c:SeriesNMediumTermSeniorNotesDueOct2028Member', 'c:SeriesNMediumTermSeniorNotesDueMar2036Member', 'c:SeriesNMediumTermSeniorNotesDueMar2029Member', 'c:SeriesNMediumTermSeniorNotesDueFeb2036Member', 'c:SeriesNMediumTermSeniorNotesDueDec2035Member', 'c:Seriesnmediumtermseniornotesdueapr2028Member', 'c:SeriesJPreferredStockMember', 'c:CitigroupCapitalXiiiMember', and 'c:CitigroupCapitalIiiMember'.
What is Citigroup Inc.'s state of incorporation and IRS Employer Identification Number?
Citigroup Inc.'s state of incorporation is Delaware, and its IRS Employer Identification Number is 52-1568099.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 12, 2024, which is also the date of the report.
What is the business address and phone number for Citigroup Inc. as stated in the filing?
The business address for Citigroup Inc. is 388 Greenwich Street, New York, NY 10013, and its business phone number is (212) 559-1000.
Filing Stats: 608 words · 2 min read · ~2 pages · Grade level 9.1 · Accepted 2024-01-12 10:52:37
Filing Documents
- c-20240112x8k.htm (8-K) — 42KB
- c-20240112xex99d1.htm (EX-99.1) — 1617KB
- c-20240112xex99d2.htm (EX-99.2) — 6177KB
- c-20240112xex99d3.htm (EX-99.3) — 46KB
- c-20240112xex99d2001.jpg (GRAPHIC) — 5KB
- c-20240112xex99d1001.jpg (GRAPHIC) — 2KB
- c-20240112xex99d1002.jpg (GRAPHIC) — 51KB
- 0001104659-24-003564.txt ( ) — 8438KB
- c-20240112.xsd (EX-101.SCH) — 7KB
- c-20240112_def.xml (EX-101.DEF) — 17KB
- c-20240112_lab.xml (EX-101.LAB) — 29KB
- c-20240112_pre.xml (EX-101.PRE) — 17KB
- c-20240112x8k_htm.xml (XML) — 21KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. ​ On January 12, 2024, Citigroup Inc. announced its results for the quarter and year ended December 31, 2023. A copy of the related press release, filed as Exhibit 99.1 to this Form 8-K, is incorporated herein by reference in its entirety and shall be deemed to be “filed” for purposes of the Securities Exchange Act of 1934, as amended (the Act). ​ In addition, a copy of the Citigroup Inc. Quarterly Financial Data Supplement for the quarter and year ended December 31, 2023 is being furnished as Exhibit 99.2 to this Form 8-K and shall not be deemed to be “filed” for purposes of Section 18 of the Act or otherwise subject to the liabilities of that section. ​
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. ​ (d) Exhibits. ​ Exhibit Number      ​ ​ ​ ​ 99.1 ​ Citigroup Inc. press release dated January 12, 2024. ​ ​ ​ 99.2 ​ Citigroup Inc. Quarterly Financial Data Supplement for the quarter and year ended December 31, 2023. ​ ​ ​ 99.3 ​ Citigroup Inc. securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934 as of the filing date. ​ ​ ​ 104.1 ​ See the cover page of this Current Report on Form 8-K, formatted in Inline XBRL. ​ ​ ​ ​ SIGNATURE ​ Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ​ ​ ​ CITIGROUP INC. ​ ​ ​ Dated: January 12, 2024 ​ ​ ​ By: /s/ Johnbull E. Okpara ​ ​ Johnbull E. Okpara ​ ​ Controller and Chief Accounting Officer ​ ​ (Principal Accounting Officer) ​ ​ ​ ​