The company said the indicative Stress Capital Buffer (SCB) requirement effective October 1, 2024 is 4.1%, down 20 basis points from the current 4.3%.

8-KOther EventsFiled Jun 28, 2024Period of report Jun 28, 2024Summary published (UTC) Oct 29, 2026

Key points

AI summary

The company said the indicative Stress Capital Buffer (SCB) requirement effective October 1, 2024 is 4.1%, down 20 basis points from the current 4.3%.
The company said its preliminary Standardized Common Equity Tier 1 (CET1) capital ratio regulatory requirement effective October 1, 2024 is 12.1%, down 20 basis points from the current 12.3%.
Citigroup said its Standardized CET1 capital ratio was 13.5% as of March 31, 2024. The Federal Reserve Board plans to notify Citi of its final SCB requirement by August 31, 2024.
Citi said its planned capital actions include raising its quarterly common stock dividend from $0.53 to $0.56 per share, starting in Q3 2024. The increase is subject to quarterly approval by Citi's Board of Directors.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Stress Capital Buffer (SCB) Requirement 4.1%

The company said the indicative Stress Capital Buffer (SCB) requirement effective October 1, 2024 is 4.1%, down 20 basis points from the current 4.3%.

Source · Based on the filing body and exhibits

Standardized CET1 Capital Ratio Regulatory Requirement 12.1%

The company said its preliminary Standardized Common Equity Tier 1 (CET1) capital ratio regulatory requirement effective October 1, 2024 is 12.1%, down 20 basis points from the current 12.3%.

Source · Based on the filing body and exhibits

Standardized CET1 Capital Ratio as of March 31, 2024 13.5%

Citigroup said its Standardized CET1 capital ratio was 13.5% as of March 31, 2024. The Federal Reserve Board plans to notify Citi of its final SCB requirement by August 31, 2024.

Source · Based on the filing body and exhibits

Plan to Raise Quarterly Common Stock Dividend

Citi said its planned capital actions include raising its quarterly common stock dividend from $0.53 to $0.56 per share, starting in Q3 2024. The increase is subject to quarterly approval by Citi's Board of Directors.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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