Company: CFG-PE
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000759944-25-000070
Chunk: 219

Company: CITIZENS FINANCIAL GROUP INC/RI
Filing Date: 2025-05-01
Form: 10-Q
Item: Part I, Item 1
Chunk 219
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9 64 207 269 139 253 697 13 1,651 Nonaccrual— 11 68 62 5 55 34 6 241 Total commercial and industrial5,956 2,679 4,567 3,490 1,087 2,422 22,265 85 42,551 Commercial real estatePass2,720 1,305 5,748 5,412 1,919 4,199 1,434 4 22,741 Special Mention1 — 911 362 175 257 80 6 1,792 Substandard Accrual3 22 359 253 275 875 9 120 1,916 Nonaccrual— 67 89 58 90 470 2 — 776 Total commercial real estate2,724 1,394 7,107 6,085 2,459 5,801 1,525 130 27,225 Total commercialPass8,665 3,830 9,942 8,335 2,814 6,265 22,757 70 62,678 Special Mention3 79 1,009 598 223 305 291 6 2,514 Substandard Accrual12 86 566 522 414 1,128 706 133 3,567 Nonaccrual— 78 157 120 95 525 36 6 1,017 Total commercial$8,680 $4,073 $11,674 $9,575 $3,546 $8,223 $23,790 $215 $69,776 For retail loans, the Company utilizes FICO credit scores and the loan’s payment and delinquency status to monitor credit quality. Management believes FICO scores are the strongest indicator of credit losses over the contractual life of the loan and assist management in predicting the borrower’s future payment performance. Scores are based on current and historical national industry-wide consumer level credit performance data. 

Citizens Financial Group, Inc. | 44

The following table presents the amortized cost basis of retail loans by vintage date and current FICO score as of March 31, 2025:Term Loans by Origination YearRevolving Loans(dollars in millions