secwatch.observer — SEC 8-K summary
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Issuer:     CITIGROUP INC (C)
CIK:        0000831001
Form:       8-K
Filed at:   2023-10-13T23:59:59+00:00
Accession:  0001104659-23-108987
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Citigroup Q3 net income $3.5B, EPS $1.63, revenue up 9% to $20.1B
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- Net income $3.5B (flat YoY), diluted EPS $1.63; revenue $20.1B (+9% YoY).
- ICG revenue +12% to $10.6B; Services +13%, Markets +10%, Banking +17%.
- PBWM revenue +10% to $6.8B; net credit losses surged 89% to $1.37B on card normalization.
- CET1 ratio 13.5% ($14B above minimum); returned $1.5B via dividends and buybacks.
- Book value per share $99.28 (+7% YoY); tangible book value $86.90 (+8% YoY).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/831001/000110465923108987/0001104659-23-108987-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/831001/000110465923108987/c-20230714x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-108987

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer