Citigroup Inc. Form 8-K Filing Summary
Citigroup Inc. has filed a Form 8-K to disclose reporting changes for the first quarter of 2026. These changes include the transfer of the Retail Banking business from U.S. Personal Banking (USPB) to Wealth, and the integration of remaining USPB businesses into a new U.S. Consumer Cards segment. Financial results, balance sheets, and tangible common equity (TCE) for the Retail Banking business have been moved to the Wealth segment. Additionally, Citi has updated its TCE methodology among the Services, Markets, and Banking segments to better align capital usage with shared economic benefits of corporate lending. This update increased allocated TCE and revenues for Services and Markets, while decreasing them for Banking. Prior period results and TCE allocations have been recast to reflect these changes, though consolidated results and TCE remain unchanged. The filing also includes historical quarterly financial data for the five-year period ending December 31, 2025, and a list of securities registered under Section 12(b) of the Securities Exchange Act of 1934.