Summary by Moomoo AI
Citigroup Inc. has released its quarterly financial report, providing insights into the company's financial performance and business developments. The report, which should be read in conjunction with Citigroup's previous annual and quarterly reports, offers a detailed look at the company's financial statements and strategic alignment. Citigroup has made certain reclassifications to previous financial statements to align with its current transformation and strategy. The company also discusses material risks and uncertainties in its 2023 Form 10-K that could impact its business operations and financial condition. Citigroup presents non-GAAP financial measures alongside GAAP measures to offer a clearer understanding of its operational performance and to facilitate comparisons with peers. These non-GAAP measures exclude divestiture-related impacts and other...Show More
