---
schema_version: "secwatch.filing_event.v1"
accession: "0000759944-23-000108"
form_type: "8-K"
ticker: "CFG"
cik: "0000759944"
company_name: "CITIZENS FINANCIAL GROUP INC/RI"
filed_at: "2023-06-30T23:59:59+00:00"
generated_at: "2026-06-13T14:28:25.643830+00:00"
event_type: "regulatory"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Citizens Financial announces preliminary Stress Capital Buffer of 4.0%; CET1 minimum rises to 8.5%

## Summary
- Federal Reserve preliminary SCB of 4.0%, effective October 1, 2023.
- Implied regulatory minimum CET1 ratio increases to 8.5% from 7.9%.
- Expects Q2 2023 CET1 ratio ~175 bps above implied regulatory minimum.
- Remaining share repurchase authorization capacity of $1.344B as of June 30, 2023.

## SEC filing metadata
- accession: 0000759944-23-000108
- form_type: 8-K
- ticker: CFG
- cik: 0000759944
- company_name: CITIZENS FINANCIAL GROUP INC/RI
- filed_at: 2023-06-30T23:59:59+00:00
- event_type: regulatory
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/759944/000075994423000108/0000759944-23-000108-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/759944/000075994423000108/cfg-20230630.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000759944-23-000108
- JSON: https://secwatch.observer/filing/0000759944-23-000108.json
- Plain text: https://secwatch.observer/filing/0000759944-23-000108.txt

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