---
schema_version: "secwatch.filing_event.v1"
accession: "0000759944-24-000138"
form_type: "8-K"
ticker: "CFG"
cik: "0000759944"
company_name: "CITIZENS FINANCIAL GROUP INC/RI"
filed_at: "2024-07-17T23:59:59+00:00"
generated_at: "2026-05-31T20:20:07.342087+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Citizens Financial Q2 2024 net income $392M ($0.78 EPS); underlying EPS $0.82

## Summary
- Underlying EPS $0.82, ROTCE 11.1%; revenue $1,963M, up slightly QoQ.
- Strong fee growth: Capital Markets, Wealth, and Card fees up 7% QoQ.
- CET1 ratio 10.7%; spot LDR 80.4%; deposits stable at $176.4B.
- Net charge-offs 52 bps, up 2 bps QoQ; ACL coverage 1.63%.
- Notable items pre-tax $(32)M ($0.04 EPS hit) including TOP and FDIC special assessment.

## SEC filing metadata
- accession: 0000759944-24-000138
- form_type: 8-K
- ticker: CFG
- cik: 0000759944
- company_name: CITIZENS FINANCIAL GROUP INC/RI
- filed_at: 2024-07-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/759944/000075994424000138/0000759944-24-000138-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/759944/000075994424000138/cfg-20240717.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000759944-24-000138
- JSON: https://secwatch.observer/filing/0000759944-24-000138.json
- Plain text: https://secwatch.observer/filing/0000759944-24-000138.txt

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