{"schema_version":"secwatch.filing_event.v1","accession":"0000759944-24-000126","form_type":"8-K","ticker":"CFG","cik":"0000759944","company_name":"CITIZENS FINANCIAL GROUP INC/RI","filed_at":"2024-06-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.916942+00:00","generated_at":"2026-06-01T00:53:15.865412+00:00","sec_items":["7.01","9.01"],"event_type":"regulatory","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Citizens Financial Group preliminary SCB 4.5%; increases buyback authorization to $1.25B","bullets":["Federal Reserve communicated preliminary Stress Capital Buffer of 4.5%, effective Oct 1, 2024; implied regulatory minimum CET1 now 9.0%.","Company expects Q2 2024 CET1 ratio ~160 bps above regulatory minimum, indicating strong capital position.","Board increased common share repurchase program capacity to $1.25B, an increase of $656M over prior remaining capacity.","CFO cited improvement in modeled credit losses vs 2023 stress test, but noted PPNR decline inconsistent with company-run test."],"urls":{"canonical":"https://secwatch.observer/filing/0000759944-24-000126","json":"https://secwatch.observer/filing/0000759944-24-000126.json","markdown":"https://secwatch.observer/filing/0000759944-24-000126.md","text":"https://secwatch.observer/filing/0000759944-24-000126.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/759944/000075994424000126/0000759944-24-000126-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/759944/000075994424000126/cfg-20240628.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T00:53:15.865412+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}