---
schema_version: "secwatch.filing_event.v1"
accession: "0000759944-23-000005"
form_type: "8-K"
ticker: "CFG"
cik: "0000759944"
company_name: "CITIZENS FINANCIAL GROUP INC/RI"
filed_at: "2023-01-17T23:59:59+00:00"
generated_at: "2026-06-20T15:03:10.968379+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Citizens Financial reports Q4 net income $653M, EPS $1.25, underlying EPS $1.32

## Summary
- Q4 net income $653M ($1.25 diluted EPS); underlying net income $685M ($1.32 EPS).
- Revenue $2.2B, up from $1.72B YoY; net interest margin 3.30%, up 5 bps QoQ.
- CET1 ratio 10.0% at upper end of target; TBV/share $27.88, up 5% QoQ.
- NCO ratio 0.22%; period-end loans $156.7B, deposits $180.7B, LDR 86.7%.
- Full year 2022 net income $2.1B, EPS $4.10; underlying EPS $4.84.

## SEC filing metadata
- accession: 0000759944-23-000005
- form_type: 8-K
- ticker: CFG
- cik: 0000759944
- company_name: CITIZENS FINANCIAL GROUP INC/RI
- filed_at: 2023-01-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/759944/000075994423000005/0000759944-23-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/759944/000075994423000005/cfg-20230117.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000759944-23-000005
- JSON: https://secwatch.observer/filing/0000759944-23-000005.json
- Plain text: https://secwatch.observer/filing/0000759944-23-000005.txt

## Key facts
- Earnings Releases
  CITIZENS FINANCIAL GROUP INC/RI reported financial results for fourth quarter and full year 2022.
  - Period: fourth quarter and full year 2022
  - Result: reported results
  source text: On January 17, 2023, Citizens Financial Group, Inc. (the “Company”) issued a press release announcing its fourth quarter and full year 2022 earnings
  evidence_url: https://www.sec.gov/Archives/edgar/data/759944/000075994423000005/0000759944-23-000005-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.