---
schema_version: "secwatch.filing_event.v1"
accession: "0000759944-24-000063"
form_type: "8-K"
ticker: "CFG"
cik: "0000759944"
company_name: "CITIZENS FINANCIAL GROUP INC/RI"
filed_at: "2024-04-18T23:59:59+00:00"
generated_at: "2026-06-03T20:02:01.258886+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Citizens Financial Q1 underlying EPS $0.79; revenue falls 8% YoY to $1.96B

## Summary
- Underlying EPS of $0.79 (vs $1.10 Q1 2023); GAAP EPS $0.65.
- Revenue $1,959M, down 8% YoY from $2,128M; NIM stable at 2.91%.
- Period-end deposits $176.4B, up $4.2B YoY; loan-to-deposit ratio 81%.
- CET1 ratio 10.6%; TBV/share $30.19, down 2% QoQ from $30.91.
- Quarterly dividend declared $0.42/share, payable May 15, 2024.

## SEC filing metadata
- accession: 0000759944-24-000063
- form_type: 8-K
- ticker: CFG
- cik: 0000759944
- company_name: CITIZENS FINANCIAL GROUP INC/RI
- filed_at: 2024-04-18T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/759944/000075994424000063/0000759944-24-000063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/759944/000075994424000063/cfg-20240418.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000759944-24-000063
- JSON: https://secwatch.observer/filing/0000759944-24-000063.json
- Plain text: https://secwatch.observer/filing/0000759944-24-000063.txt

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