---
schema_version: "secwatch.filing_event.v1"
accession: "0000759944-24-000141"
form_type: "8-K"
ticker: "CFG"
cik: "0000759944"
company_name: "CITIZENS FINANCIAL GROUP INC/RI"
filed_at: "2024-07-18T23:59:59+00:00"
generated_at: "2026-05-31T19:58:06.447832+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Citizens Q2 2024 underlying EPS $0.82, revenue $1.96B, NII down 2% QoQ

## Summary
- Underlying EPS $0.82 vs $1.04 YoY; GAAP EPS $0.78 vs $0.92 YoY; net income $392M.
- Revenue $1.96B, down 6% YoY; NII $1.46B (-2% QoQ); NIM 2.87% (down 4 bps QoQ).
- Period-end loans $141.8B (-1% QoQ); deposits $176.4B stable; LDR improved to 80.4%.
- NCO ratio 52 bps (up 2 bps QoQ); ACL coverage 1.63%; CET1 ratio 10.7%.
- Board declared $0.42 quarterly dividend, payable Aug 14, record Jul 31.

## SEC filing metadata
- accession: 0000759944-24-000141
- form_type: 8-K
- ticker: CFG
- cik: 0000759944
- company_name: CITIZENS FINANCIAL GROUP INC/RI
- filed_at: 2024-07-18T23:59:59+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/759944/000075994424000141/0000759944-24-000141-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/759944/000075994424000141/cfg-20240718.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000759944-24-000141
- JSON: https://secwatch.observer/filing/0000759944-24-000141.json
- Plain text: https://secwatch.observer/filing/0000759944-24-000141.txt

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