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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) October 14, 2004

Citicorp
(Exact name of registrant as specified in its charter)

Delaware (State or Other Jurisdiction of Incorporation)	1-5738 (Commission File Number)	86-1515595 (I.R.S. Employer Identification No.)
399 Park Avenue, New York, New York 10043 (Address of Principal Executive Offices) (Zip Code)

Registrant's telephone number, including area code: (212) 559-1000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01. Other Events.

Results of Operations
(Unaudited)

        This report summarizes the results of operations of Citicorp and its subsidiaries for the three- and nine-month periods ended September 30, 2004 and September 30, 2003. Citigroup Inc., the ultimate parent company of Citicorp, filed a Current Report on Form 8-K dated October 14, 2004. That report contains certain additional information about Citicorp's businesses.

CITICORP AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF INCOME
(Unaudited)

(In Millions of Dollars)

	Third Quarter						Nine Months
	2004			2003 (1)			2004			2003 (1)
INTEREST REVENUE
Loans, including Fees	$	11,023		$	9,066		$	32,601		$	27,772
Deposits with Banks		70			155			420			711
Federal Funds Sold and Securities Purchased Under Agreements to Resell		89			73			285			238
Investments, including Dividends		1,516			1,304			4,116			3,610
Trading Account Assets		481			365			1,426			1,096
Loans Held-For-Sale		469			336			747			773
		13,648			11,299			39,595			34,200
INTEREST EXPENSE
Deposits		2,477			1,863			6,455			5,648
Trading Account Liabilities		24			23			77			46
Purchased Funds and Other Borrowings		592			139			1,580			1,032
Long-Term Debt		1,126			893			3,127			2,715
		4,219			2,918			11,239			9,441
NET INTEREST REVENUE		9,429			8,381			28,356			24,759
POLICYHOLDER BENEFITS AND CLAIMS		122			113			375			409
PROVISION FOR CREDIT LOSSES		1,028			1,614			4,848			5,850
TOTAL BENEFITS, CLAIMS, AND CREDIT LOSSES		1,150			1,727			5,223			6,259
NET INTEREST REVENUE AFTER BENEFITS, CLAIMS, AND CREDIT LOSSES		8,279			6,654			23,133			18,500
FEES, COMMISSIONS, AND OTHER REVENUE
Fees and Commissions		2,761			3,105			9,429			8,595
Foreign Exchange		602			775			1,532			2,612
Trading Account		(415	)		92			459			(221	)
Investment Transactions		241			80			526			320
Other Revenue		2,324			1,334			6,593			4,590
		5,513			5,386			18,539			15,896
OPERATING EXPENSE
Salaries		2,892			2,531			8,517			7,778
Employee Benefits		649			557			1,975			1,714
Total Employee-Related Expenses		3,541			3,088			10,492			9,492
Net Premises and Equipment		1,097			894			3,112			2,671
Restructuring-Related Items		—			(11	)		(3	)		(24	)
Other Expense		2,918			2,662			9,939			7,677
		7,556			6,633			23,540			19,816
INCOME BEFORE INCOME TAXES AND MINORITY INTEREST		6,236			5,407			18,132			14,580
INCOME TAXES		1,802			1,579			5,525			4,339
MINORITY INTEREST, NET OF INCOME TAXES		37			162			149			239
NET INCOME	$	4,397		$	3,666		$	12,458		$	10,002

(1)

Reclassified to conform to current period's presentation.

SIGNATURE

        Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

CITICORP (Registrant)
By:	/s/ William P. Hannon William P. Hannon Controller

Dated: October 14, 2004

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CITICORP AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME (Unaudited)
SIGNATURE