secwatch.observer — SEC 8-K summary
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Issuer:     CITIZENS FINANCIAL GROUP INC/RI (CFG)
CIK:        0000759944
Form:       8-K
Filed at:   2024-04-18T23:59:59+00:00
Accession:  0000759944-24-000063
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/759944/000075994424000063/0000759944-24-000063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/759944/000075994424000063/cfg-20240418.htm
  HTML page:      https://secwatch.observer/filing/0000759944-24-000063

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