---
schema_version: "secwatch.filing_event.v1"
accession: "0000759944-25-000051"
form_type: "8-K"
ticker: "CFG"
cik: "0000759944"
company_name: "CITIZENS FINANCIAL GROUP INC/RI"
filed_at: "2025-04-16T23:59:59+00:00"
generated_at: "2026-05-23T14:05:46.082089+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Citizens posts Q1 net income $373M, EPS $0.77; agrees to sell $1.9B in non-core education loans

## Summary
- Net income $373M, diluted EPS $0.77; underlying EPS $0.77; ROTCE 9.6%.
- Revenue $1.935B, down 2.6% QoQ; PPNR $621M, down 9% on an underlying basis.
- Period-end loans $137.6B, down 1% QoQ from $1.9B non-core education loan sale; core loans up ~1%.
- Spot deposits $177.6B, up 2% QoQ; Private Bank deposits up $1.7B to $8.7B.
- CET1 ratio 10.64%; TBV/share $33.97, up 5% QoQ; NCO ratio 0.58% (excl. sale 0.51%).

## SEC filing metadata
- accession: 0000759944-25-000051
- form_type: 8-K
- ticker: CFG
- cik: 0000759944
- company_name: CITIZENS FINANCIAL GROUP INC/RI
- filed_at: 2025-04-16T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/759944/000075994425000051/0000759944-25-000051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/759944/000075994425000051/cfg-20250416.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000759944-25-000051
- JSON: https://secwatch.observer/filing/0000759944-25-000051.json
- Plain text: https://secwatch.observer/filing/0000759944-25-000051.txt

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