Company: CFG-PE
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0000759944-25-000153
Chunk: 111

Company: CITIZENS FINANCIAL GROUP INC/RI
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 8
Chunk 111
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State and political subdivisions1 — 1 — U.S. Treasury and other4,514 4,514 — — Total debt securities available for sale35,419 4,514 30,905 — Loans held for sale:Residential loans held for sale592 — 592 — Commercial loans held for sale176 — 176 — Total loans held for sale, at fair value768 — 768 — Mortgage servicing rights1,430 — — 1,430 Derivative assets:Interest rate contracts492 — 492 — Foreign exchange contracts563 — 563 — Commodities contracts438 — 438 — TBA contracts7 — 7 — Other contracts23 — 15 8 Total derivative assets1,523 — 1,515 8 Equity securities, at fair value(1)224 224 — — Short-term investments73 30 43 — Total assets$39,437 $4,768 $33,231 $1,438 Derivative liabilities:Interest rate contracts$489 $— $489 $— Foreign exchange contracts399 — 399 — Commodities contracts381 — 381 — TBA contracts13 — 13 — Other contracts4 — — 4 Total derivative liabilities1,286 — 1,282 4 Short-term borrowed funds213 203 10 — Other liabilities162 — 162 — Total liabilities$1,661 $203 $1,454 $4 (1) Excludes investments of $62 million included in Other assets in the Consolidated Balance Sheets that are measured at fair value using the net asset value per share (or its equivalent) practical expedient. These investments include capital contributions to private investment funds and have unfunded capital commitments of $17 million at September 30, 2025, which may be called at any time during prescribed time periods. The credit exposure is generally limited to the carrying amount of investments made and unfunded capital commitments.

Citizens Financial Group, Inc. | 73

The following table presents assets and liabilities measured at fair value, including gross derivative assets and liabilities, on a recurring basis at December 31, 2024:(dollars in millions)TotalLevel