{"schema_version":"secwatch.filing_event.v1","accession":"0000759944-24-000060","form_type":"8-K","ticker":"CFG","cik":"0000759944","company_name":"CITIZENS FINANCIAL GROUP INC/RI","filed_at":"2024-04-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.915048+00:00","generated_at":"2026-06-03T21:57:42.894869+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Citizens Financial Q1 net income $334M, EPS $0.65; underlying EPS $0.79; NIM stable 2.91%","bullets":["Net income $334M vs $511M YoY; diluted EPS $0.65 vs $1.00; underlying EPS $0.79 vs $1.10.","Revenue $1,959M down 8% YoY; underlying PPNR $683M vs $898M; NIM flat at 2.91%.","Period-end loans $143.2B (-2% QoQ); deposits $176.4B (+$4.2B YoY); LDR 81%.","CET1 ratio 10.6%; TBV/share $30.19 (-2% QoQ); NCO ratio 0.50% vs 0.34% YoY.","Capital Markets fees recovered; Non-Core portfolio runoff and balance sheet optimization ongoing."],"urls":{"canonical":"https://secwatch.observer/filing/0000759944-24-000060","json":"https://secwatch.observer/filing/0000759944-24-000060.json","markdown":"https://secwatch.observer/filing/0000759944-24-000060.md","text":"https://secwatch.observer/filing/0000759944-24-000060.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/759944/000075994424000060/0000759944-24-000060-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/759944/000075994424000060/cfg-20240417.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T21:57:42.894869+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"adc4f502e48e12a45d4a6a84ba90eb42e566d5b3","claim":"CITIZENS FINANCIAL GROUP INC/RI reported first quarter 2024 results: revenue $ 1,959, net income $334 million, EPS $0.65.","evidence_excerpt":"reduced further to $2.0 billion, down 83% YoY ■ Strong CET1 ratio of 10.6%; TCE ratio of 6.5% ■ TBV/share of $30.19, down 2% QoQ reflecting rate impacts on AOCI Total revenue $ 1,959 $ 1,988 $ 2,128 Pre-provision profit 601 376 832 Underlying pre-provision profit 683 721 898 Provision for credit losses 171 171 168 Net income 334 189 511 Underlying net income","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/759944/000075994424000060/0000759944-24-000060-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2024"},{"label":"Revenue","value":"$ 1,959"},{"label":"Net income","value":"$334 million"},{"label":"EPS","value":"$0.65"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}