---
schema_version: "secwatch.filing_event.v1"
accession: "0000759944-25-000005"
form_type: "8-K"
ticker: "CFG"
cik: "0000759944"
company_name: "CITIZENS FINANCIAL GROUP INC/RI"
filed_at: "2025-01-17T23:59:59+00:00"
generated_at: "2026-05-27T23:35:06.008273+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Citizens Financial Q4 2024 net income $401M ($0.83 EPS); underlying EPS $0.85

## Summary
- Net income of $401M vs $189M in Q4 2023; GAAP EPS $0.83 vs $0.34 YoY.
- Underlying net income $412M; underlying EPS $0.85 (flat YoY); underlying PPNR $684M, up 4% QoQ.
- Net interest margin (FTE) improved 10 bps to 2.87%; total revenue $1,986M, roughly flat YoY.
- CET1 ratio 10.8% (up from 10.6% in Q3); period-end loans $139.2B, down 1.7% QoQ amid Non-Core run-off.
- Private Bank lending grew $1.1B to $3.1B; spot deposits up $1.4B to $7.0B; LDR 79.6%.

## SEC filing metadata
- accession: 0000759944-25-000005
- form_type: 8-K
- ticker: CFG
- cik: 0000759944
- company_name: CITIZENS FINANCIAL GROUP INC/RI
- filed_at: 2025-01-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/759944/000075994425000005/0000759944-25-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/759944/000075994425000005/cfg-20250117.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000759944-25-000005
- JSON: https://secwatch.observer/filing/0000759944-25-000005.json
- Plain text: https://secwatch.observer/filing/0000759944-25-000005.txt

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