Company: CFG-PE
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0000759944-25-000013
Chunk: 1001

Company: CITIZENS FINANCIAL GROUP INC/RI
Filing Date: 2025-02-13
Form: 10-K
Item: Item 7
Chunk 1001
---
29,777 Debt securities held to maturity (fair value of $7,540 and $8,350, respectively, and including $83 and $204 pledged to creditors, respectively)(2)8,599 9,184 Loans held for sale (includes $825 and $676, respectively, measured at fair value)(3)858 779 Loans and leases 139,203 145,959 Less: Allowance for loan and lease losses(2,061)(2,098)Net loans and leases(1)137,142 143,861 Derivative assets408 440 Premises and equipment, net875 895 Bank-owned life insurance3,364 3,291 Goodwill8,187 8,188 Other intangible assets(4)146 157 Other assets(1)13,941 13,359 TOTAL ASSETS$217,521 $221,964 LIABILITIES AND STOCKHOLDERS’ EQUITY:LIABILITIES:Deposits:     Noninterest-bearing$36,920 $37,107 Interest-bearing137,856 140,235           Total deposits174,776 177,342 Short-term borrowed funds— 505 Derivative liabilities1,220 1,562 Long-term borrowed funds(1)12,401 13,467 Other liabilities(1)4,870 4,746 TOTAL LIABILITIES193,267 197,622 Commitments and Contingencies (refer to Note 19)STOCKHOLDERS’ EQUITY:Preferred Stock:$25.00 par value,100,000,000 shares authorized; 2,150,000 and 2,050,000 shares issued and outstanding at December 31, 2024 and 2023, respectively2,113 2,014 Common stock:$0.01 par value, 1,000,000,000 shares authorized; 650,068,324 shares issued and 440,543,381 shares outstanding at December 31, 2024 and 647,829,720 shares issued and 466,418,055 shares outstanding at December 31, 20237 6 Additional paid-in capital22,364 22,250 Retained earnings10,412 9,816 Treasury stock, at cost, 209,524,943 and 181,411,665 shares at