secwatch.observer — SEC 8-K summary
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Issuer:     CITIZENS FINANCIAL GROUP INC/RI (CFG)
CIK:        0000759944
Form:       8-K
Filed at:   2026-07-21T12:22:21+00:00
Accession:  0000759944-26-000139
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Citizens Financial Q2 EPS $1.30, revenue $2.28B; launches Series J preferred offering
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- EPS $1.30 (up 41% YoY); ROTCE 13.9% vs 11.0% YoY.
- PPNR $889M (+24% YoY); NII $1.63B (+14% YoY); NIM 3.17% (+22 bps YoY).
- Loans +3% spot QoQ; deposits +1% spot; NCOs 37 bps, down 2 bps QoQ.
- Proposed Series J preferred offering; proceeds to redeem Series G (4.000% fixed-rate reset) preferred stock.
- Common dividend $0.46/share payable Aug 13; $225M share repurchases in Q2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/759944/000075994426000139/0000759944-26-000139-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/759944/000075994426000139/cfg-20260721.htm
  HTML page:      https://secwatch.observer/filing/0000759944-26-000139

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer