Company: CFG-PE
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0000759944-25-000013
Chunk: 948

Company: CITIZENS FINANCIAL GROUP INC/RI
Filing Date: 2025-02-13
Form: 10-K
Item: Item 7
Chunk 948
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.65 Collateralized loan obligations— — — — 100 6.29 84 6.14 184 6.23 Total debt securities available for sale— — 5,336 2.92 1,767 3.45 27,883 4.16 34,986 3.94 Mortgage-backed securities:Federal agencies and U.S. government sponsored entities— — — — — — 8,187 2.30 8,187 2.30 Asset-backed securities— — 412 3.81 — — — — 412 3.81 Total debt securities held to maturity— — 412 3.81 — — 8,187 2.30 8,599 2.37 Total debt securities$— — %$5,748 2.98 %$1,767 3.45 %$36,070 3.74 %$43,585 3.63 %

(1) Actual maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations with or without incurring penalties.

(2) The weighted-average yield is computed based on a constant effective interest rate over the contractual life of each security and considers the contractual

   coupon, amortization of premiums and accretion of discounts. Yields exclude the impact of related hedging derivatives.

Loans and Leases

Table 9: Composition of Loans and Leases, Excluding LHFSDecember 31,(dollars in millions)20242023ChangePercentCommercial and industrial$42,551 $44,974 ($2,423)(5)%Commercial real estate27,225 29,471 (2,246)(8)Total commercial69,776 74,445 (4,669)(6)Residential mortgages32,726 31,332 1,394 4 Home equity16,495 15,040 1,455 10 Automobile4,744 8,258 (3,514)(43)Education10,812 11,834 (1,022)(9)Other retail4,650 5,050 (400)(8)Total retail69,427 71,514 (2,087)(3)Total loans and leases $139