Company: CFG-PE
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0000759944-25-000153
Chunk: 127

Company: CITIZENS FINANCIAL GROUP INC/RI
Filing Date: 2025-11-03
Form: 10-Q
Item: Part II, Item 8
Chunk 127
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 33 (2,135)28,795 Other/non-agency268 — (5)263 273 — (13)260 Total mortgage-backed securities32,133 160 (1,479)30,814 31,170 33 (2,148)29,055 Collateralized loan obligations90 — — 90 184 — — 184 Total debt securities available for sale, at fair value$36,787 $183 ($1,551)$35,419 $34,986 $36 ($2,257)$32,765 Mortgage-backed securities:Federal agencies and U.S. government sponsored entities$7,767 $1 ($830)$6,938 $8,187 $— ($1,051)$7,136 Total mortgage-backed securities7,767 1 (830)6,938 8,187 — (1,051)7,136 Asset-backed securities357 — — 357 412 1 (9)404 Total debt securities held to maturity$8,124 $1 ($830)$7,295 $8,599 $1 ($1,060)$7,540 Equity securities, at cost(2)$710 $— $— $710 $710 $— $— $710 Equity securities, at fair value(2)286 — — 286 220 — — 220 (1) Excludes portfolio level basis adjustments of $37 million and $(75) million, respectively, for securities designated in active fair value hedge relationships under the portfolio layer method at September 30, 2025 and December 31, 2024.(2) Included in Other assets in the Consolidated Balance Sheets.

Citizens Financial Group, Inc. | 44

Accrued interest receivable on debt securities totaled $135 million and $125 million as of September 30, 2025 and December 31, 2024, respectively, and is included in Other assets in the Consolidated Balance Sheets. The following table presents the amortized cost and fair value of debt securities by contractual maturity as of September 30, 2025. Expected maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations with or without incurring penalties.D