Company: CFG-PE
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0000759944-25-000153
Chunk: 240

Company: CITIZENS FINANCIAL GROUP INC/RI
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 2
Chunk 240
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 1,518 INVESTING ACTIVITIESInvestment securities:Purchases of debt securities available for sale(5,545)(6,497)Proceeds from maturities and paydowns of debt securities available for sale2,770 2,112 Proceeds from sales of debt securities available for sale1,218 2,080 Proceeds from maturities and paydowns of debt securities held to maturity537 501 Net (increase) decrease in Interest-bearing deposits in banks(59)(243)Purchases of loans(642)(517)Sales of loans1,428 186 Net (increase) decrease in Loans and leases(3,475)3,860 Capital expenditures, net(82)(74)Other(183)(29)Net change due to investing activities(4,033)1,379 FINANCING ACTIVITIESNet increase (decrease) in Deposits5,235 (2,154)Net increase (decrease) in Short-term borrowed funds214 (490)Proceeds from issuance of long-term borrowed funds6,534 13,185 Repayments of long-term borrowed funds(8,520)(12,741)Treasury stock purchased(475)(825)Net proceeds from issuance of preferred stock393 391 Redemption of preferred stock— (300)Dividends paid to common stockholders(555)(581)Dividends paid to preferred stockholders(100)(96)Other(13)1 Net change due to financing activities2,713 (3,610)Net change in cash and cash equivalents(1)1,049 (713)Cash and cash equivalents at beginning of period(1)10,601 11,628 Cash and cash equivalents at end of period(1)$11,650 $10,915 Non-cash items:Transfer of loans from loans held for investment to LHFS$1,939 $249 Loans securitized and transferred to AFS securities87 181 

(1) Cash and cash equivalents include Cash and due from banks and Interest-bearing cash and due from banks as reflected on the Consolidated Balance Sheets. 

The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.

Citizens Financial Group, Inc. | 43

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

NOTE 1 - SIGNIFICANT ACCOUNTING POLICIES Basis of PresentationThe accompanying