---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-081050"
form_type: "8-K"
ticker: "C"
cik: "0000831001"
company_name: "CITIGROUP INC"
filed_at: "2023-07-14T23:59:59+00:00"
generated_at: "2026-06-13T08:31:24.499847+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Citi Q2 net income $2.9B, EPS $1.33; revenues down 1% YoY to $19.4B

## Summary
- Net income fell 36% YoY to $2.9B; EPS of $1.33, vs $2.19 in Q2 2022.
- Services revenues up 15% (TTS, Securities Services); Markets down 13%.
- Net credit losses $1.5B, up 77% YoY on card loan growth normalization.
- CET1 ratio 13.3% (100 bps above new requirement); returned $2B in dividends/buybacks.
- Book value $97.87; tangible book value $85.34, up 6% YoY.

## SEC filing metadata
- accession: 0001104659-23-081050
- form_type: 8-K
- ticker: C
- cik: 0000831001
- company_name: CITIGROUP INC
- filed_at: 2023-07-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/831001/000110465923081050/0001104659-23-081050-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/831001/000110465923081050/c-20230714x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-081050
- JSON: https://secwatch.observer/filing/0001104659-23-081050.json
- Plain text: https://secwatch.observer/filing/0001104659-23-081050.txt

## Key facts
- Earnings Releases
  CITIGROUP INC reported second quarter 2023 results: revenue $19.4 billion, net income $2.9 billion, EPS $1.33 per diluted share.
  - Period: second quarter 2023
  - Revenue: $19.4 billion
  - Net income: $2.9 billion
  - EPS: $1.33 per diluted share
  - Result: reported results
  source text: Citigroup Inc. today reported net income for the second quarter 2023 of $2.9 billion, or $1.33 per diluted share, on revenues of $19.4 billion.
  evidence_url: https://www.sec.gov/Archives/edgar/data/831001/000110465923081050/0001104659-23-081050-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.