Company: CFG-PE
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0000759944-25-000153
Chunk: 224

Company: CITIZENS FINANCIAL GROUP INC/RI
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 2
Chunk 224
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 31, 2024(dollars in millions)AmountRatioAmountRatioRequired Minimum Capital Ratio(1)CET1 capitalCFG$18,046 10.7 %$17,900 10.8 %9.0 %CBNA20,823 12.4 20,250 12.3 7.0 Tier 1 capitalCFG20,157 11.9 20,013 12.1 10.5 CBNA20,823 12.4 20,250 12.3 8.5 Total capitalCFG23,455 13.9 23,232 14.0 12.5 CBNA24,009 14.3 23,362 14.2 10.5 Tier 1 leverageCFG20,157 9.4 20,013 9.4 4.0 CBNA20,823 9.8 20,250 9.6 4.0 Risk-weighted assetsCFG168,932 165,699 CBNA167,767 164,986 Quarterly adjusted average assets(2)CFG213,536 212,555 CBNA212,585 211,849 

(1) Represents minimum requirement under the current capital framework plus the SCB of 4.5% and CCB of 2.5% for CFG and CBNA, respectively. The SCB and CCB are not applicable to the Tier 1 leverage ratio.

(2) Represents total average assets less certain amounts deducted from Tier 1 capital.

At September 30, 2025, CFG’s CET1, Tier 1, and Total capital ratios decreased compared to December 31, 2024. Dividends, common share repurchases, a $3.2 billion increase in RWA, and the full phase-in of the modified CECL transition amount was partially offset by net income. Higher commercial and industrial loans was the key driver for the increase in RWA.

At September 30, 2025, CBNA’s CET1, Tier 1, and Total capital ratios increased compared to December 31, 2024. Net income was partially offset by dividend payments to the Parent Company, a $2.8 billion increase in RWA, and the full phase-in of the modified CECL transition amount. Higher commercial and industrial loans was the key driver for the increase in RWA.