Company: CFG-PE
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000759944-25-000070
Chunk: 103

Company: CITIZENS FINANCIAL GROUP INC/RI
Filing Date: 2025-05-01
Form: 10-Q
Item: Part I, Item 2
Chunk 103
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 unamortized basis adjustments related to the transfer of certain HTM securities from AFS, and LHFS. The yield/rate is based on annualized interest income or expense for the periods presented and includes the impact of hedging activities associated with the respective asset and liability categories. 

Table 1: Major Components of Net Interest IncomeThree Months Ended March 31,20252024Change(dollars in millions)AverageBalanceIncome/ExpenseYield/RateAverageBalanceIncome/ExpenseYield/RateAverageBalanceYield/Rate (bps)AssetsInterest-bearing cash and due from banks and deposits in banks$8,092 $89 4.42 %$10,268 $140 5.39 %($2,176)(97) bpsTaxable investment securities46,068 418 3.63 43,904 399 3.63 2,164 — Non-taxable investment securities1 — 2.60 1 — 2.60 — — Total investment securities46,069 418 3.63 43,905 399 3.63 2,164 — Commercial and industrial43,599 515 4.72 44,577 635 5.64 (978)(92)Commercial real estate27,013 387 5.74 29,265 468 6.32 (2,252)(58)Total commercial70,612 902 5.11 73,842 1,103 5.91 (3,230)(80)Residential mortgages32,872 318 3.86 31,384 283 3.60 1,488 26 Home equity16,647 293 7.13 15,080 298 7.94 1,567 (81)Automobile4,394 47 4.38 7,758 82 4.25 (3,364)13 Education10,690 148 5.61 11,816 156 5.31 (1,126)30 Other retail4,495 121 10.91 4,942 129 10.54 (447)37 Total retail69,098 927 5.41 70,980 948 5.36 (1,882)5 Total loans and leases139,710 1