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8-K filed July 19, 2023, 7:59 PM ET ticker CFG CIK 0000759944

earnings confidence high sentiment neutral materiality 0.65

Citizens Financial Q2 net income $478M (EPS $0.92); revenue $2.09B

CITIZENS FINANCIAL GROUP INC/RI

2023-Q2 EPS reported $1.92 revenue$4,222,000,000

Net income $478M ($0.92 diluted EPS); underlying net income $531M ($1.04 EPS).
Total revenue $2,094M, down 2% QoQ; underlying PPNR $861M.
Period-end deposits $177.7B, up 3% QoQ; loans-to-deposit ratio improved to 85%.
CET1 ratio 10.3% (+30 bps QoQ); repurchased $256M in common shares.
Provision for credit losses $176M; net charge-off ratio 0.40% vs 0.34% Q1.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.98

CITIZENS FINANCIAL GROUP INC/RI reported second quarter 2023 results: net income $478 million, EPS $0.92 per diluted share.

Period: second quarter 2023
Net income: $478 million
EPS: $0.92 per diluted share
Result: reported results

Exact text from the filing

Citizens Financial Group, Inc. Reports Second Quarter 2023 Net Income of $478 million and EPS of $0.92

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Source: SEC EDGAR

accession 0000759944-23-000112

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