Company: CFG-PE
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0000759944-25-000108
Chunk: 242

Company: CITIZENS FINANCIAL GROUP INC/RI
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 2
Chunk 242
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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. | 49

The following table presents the amortized cost basis of retail loans by vintage date and current FICO score as of June 30, 2025:Term Loans by Origination YearRevolving Loans(dollars in millions)20252024202320222021Prior to 2021Within the Revolving PeriodConverted to TermTotalResidential mortgages800+$555 $1,681 $1,343 $3,328 $5,103 $6,504 $— $— $18,514 740-7991,031 1,280 801 1,566 2,167 3,049 — — 9,894 680-739233 355 292 528 718 1,212 — — 3,338 620-67917 68 78 149 169 506 — — 987 <62013 12 127 122 169 631 — — 1,074 No FICO available(1)— — — 3 1 12 — — 16 Total residential mortgages1,849 3,396 2,641 5,696 8,327 11,914 — — 33,823 Home equity800+— 1 — 3 3 72 6,130 177 6,386 740-799— — — 1 2 50 5,689 209 5,951 680-739— — — 1 1 38 3,246 190 3,476 620-679— — 1 1 2 18 832 165 1,019 <620— — 2 1 2 15 517 337 874 No FICO available(1)—