secwatch.observer — SEC 8-K summary
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Issuer:     CITIZENS FINANCIAL GROUP INC/RI (CFG)
CIK:        0000759944
Form:       8-K
Filed at:   2023-01-17T23:59:59+00:00
Accession:  0000759944-23-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/759944/000075994423000005/0000759944-23-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/759944/000075994423000005/cfg-20230117.htm
  HTML page:      https://secwatch.observer/filing/0000759944-23-000005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer