Citibank Credit Card Trust Files 2024 10-K
| Field | Detail |
|---|---|
| Company | Citibank Credit Card Master Trust I |
| Form Type | 10-K |
| Filed Date | Mar 26, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: asset-backed-securities, credit-card, 10-k, financials
Related Tickers: CC, COF, DFS, AXP
TL;DR
Citi's credit card trust dropped its 2024 10-K. All clear on asset-backed securities.
AI Summary
Citibank Credit Card Master Trust I filed its 2024 10-K on March 26, 2025, detailing its financial performance and operations for the fiscal year ending December 31, 2024. The filing, submitted by Citibank, N.A. as depositor, provides comprehensive information on the trust's asset-backed securities, which are primarily backed by credit card receivables. The report outlines the trust's structure, risk factors, and financial statements, crucial for investors and stakeholders in understanding the underlying credit card portfolio.
Why It Matters
This filing provides essential transparency into the performance and risk of the credit card receivables backing securities issued by Citibank Credit Card Master Trust I, impacting investors and the broader financial markets.
Risk Assessment
Risk Level: medium — Asset-backed securities, especially those tied to credit card receivables, carry inherent risks related to consumer default rates and economic conditions.
Key Numbers
- 2024 — Fiscal Year End (The period covered by the 10-K filing.)
- March 26, 2025 — Filing Date (The date the 10-K was officially submitted to the SEC.)
Key Players & Entities
- CITIBANK CREDIT CARD MASTER TRUST I (company) — Filer of the 10-K
- Citibank, N.A. (company) — Depositor for the trust
- 2024 (date) — Fiscal year end
- March 26, 2025 (date) — Filing date
- 388 GREENWICH ST (location) — Business and mail address
- NEW YORK (location) — City for business and mail address
FAQ
What is the primary asset class for the Citibank Credit Card Master Trust I?
The primary asset class is Credit card receivables, as indicated by the 'ABS ASSET CLASS: Credit card' and SIC code [6189] for Asset-Backed Securities.
Who is the depositor for the Citibank Credit Card Master Trust I?
Citibank, N.A. is listed as the depositor for the Citibank Credit Card Issuance Trust, and also associated with the filing for Citibank Credit Card Master Trust I.
What is the fiscal year end for the trust?
The fiscal year end for the trust is December 31st.
When was this 10-K filing submitted?
This 10-K filing was submitted on March 26, 2025.
What is the business address provided in the filing?
The business address is C/O CITIBANK, N.A., 388 GREENWICH ST, NEW YORK, NY 10013.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 26, 2025 regarding CITIBANK CREDIT CARD MASTER TRUST I.