Company: CFG-PE
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0000759944-25-000013
Chunk: 841

Company: CITIZENS FINANCIAL GROUP INC/RI
Filing Date: 2025-02-13
Form: 10-K
Item: Item 5
Chunk 841
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474 Net change in loans held for sale(24)98 1,733 Depreciation, amortization and accretion498 478 565 Deferred income tax expense (benefit)(177)(242)57 Share-based compensation97 87 84 Net gain on sale of assets(18)(28)(9)Net (increase) decrease in other assets(261)612 (1,894)Net increase (decrease) in other liabilities(310)(339)1,036 Net change due to operating activities2,001 2,961 4,119 INVESTING ACTIVITIESInvestment securities:Purchases of debt securities available for sale (9,755)(10,087)(10,776)Proceeds from maturities and paydowns of debt securities available for sale3,304 2,001 3,422 Proceeds from sales of debt securities available for sale3,619 2,941 1,178 Proceeds from maturities and paydowns of debt securities held to maturity662 761 1,035 Net (increase) decrease in interest-bearing deposits in banks(230)(102)13 Acquisitions, net of cash acquired(1)— — (255)Purchases of loans(655)— (1,007)Sales of loans207 2,793 2,677 Net (increase) decrease in loans and leases6,050 7,174 (7,927)Capital expenditures, net(122)(172)(126)Purchases of bank-owned life insurance— — (100)Other(93)(61)(771)Net change due to investing activities2,987 5,248 (12,637)FINANCING ACTIVITIESNet increase (decrease) in deposits(2,566)(3,382)6,146 Net increase (decrease) in short-term borrowed funds(505)502 (95)Proceeds from issuance of long-term borrowed funds13,185 25,983 24,617 Repayments of long-term borrowed funds(14,286)(28,418)(19,691)Treasury stock purchased(1,050)(906)(153)Net proceeds from issuance of preferred stock392 — — Redemption of preferred stock(300)— — Dividends paid to common stockholders(769)(808)(779)Dividends paid to preferred stockholders(134)(