Company: CFG-PE
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0000759944-25-000108
Chunk: 218

Company: CITIZENS FINANCIAL GROUP INC/RI
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 2
Chunk 218
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480 $17,593 $20,889 $18,399 $18,399 $21,584 Risk-weighted assets, including AOCI impact:Regulatory risk-weighted assets$168,017 $168,017 $168,017 $166,967 $166,967 $166,967 Unrealized gains (losses) on securities and pension(630)(630)(630)(611)(611)(611)Deferred tax assets - securities and pension AOCI1,891 1,891 1,891 1,870 1,870 1,870 Risk-weighted assets, including AOCI impact (non-GAAP)$169,278 $169,278 $169,278 $168,226 $168,226 $168,226 Ratio:Regulatory capital ratio10.6 %11.9 %13.8 %12.4 %12.4 %14.3 %Regulatory capital ratio, including AOCI impact (non-GAAP)9.1 %10.4 %12.3 %10.9 %10.9 %12.8 %

CRITICAL ACCOUNTING ESTIMATES

Our Consolidated Financial Statements included in this Report are prepared in accordance with GAAP, requiring us to establish accounting policies and make estimates and assumptions that affect reported amounts.

An accounting estimate requires assumptions and judgments about uncertain matters that could have a material effect on our Consolidated Financial Statements. Estimates are made using facts and circumstances known at a point in time. Changes in those facts and circumstances could produce results substantially different from those estimates. Our most significant accounting policies and estimates include the ACL, fair value measurements, and the evaluation and measurement of goodwill impairment. For additional information regarding fair value measurements and goodwill, see “Critical Accounting Estimates” in our 2024 Form 10-K. 

Allowance for Credit Losses

The ACL of $2.2 billion at June 30, 2025 decreased slightly compared to December 31, 2024 given improving loan mix, reflecting the reduction of the Non-Core portfolio, reduced CRE and lower loss-content originations.

As of June 30, 2025, our ACL economic forecast over a two-year reasonable and supportable period reflects the economy going into a shallow two quarter contraction inclusive of uncertainties related to the implementation of tariffs and protectionist trade policies, inflationary pressures, and geopolitical tensions. This