Company: CFG-PE
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000759944-25-000070
Chunk: 229

Company: CITIZENS FINANCIAL GROUP INC/RI
Filing Date: 2025-05-01
Form: 10-Q
Item: Part I, Item 1
Chunk 229
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 amortized cost of the corresponding loan class. Accrued interest receivable is excluded from amortized cost and is immaterial.

Citizens Financial Group, Inc. | 49

The following tables present the financial effect of loans to borrowers experiencing financial difficulty that were modified during the three months ended March 31, 2025 and 2024, disaggregated by class of financing receivable.Three Months Ended March 31, 2025(dollars in millions)Weighted-Average Interest Rate Reduction(1)Weighted-Average Term Extension (in Months)(1)Weighted-Average Payment Deferral(1)Amount of Principal Forgiven(2)Commercial and industrial0.81 %10$— $— Commercial real estate0.75 101 — Residential mortgages0.98 111— — Home equity4.55 74— — Automobile— — — — Education4.96 — — — Other retail20.30 — — 2 Three Months Ended March 31, 2024(dollars in millions)Weighted-Average Interest Rate Reduction(1)Weighted-Average Term Extension (in Months)(1)Weighted-Average Payment Deferral(1)Amount of Principal Forgiven(2)Commercial and industrial4.49 %9$1 $— Commercial real estate0.53 161 — Residential mortgages2.01 88— — Home equity3.16 88— — Automobile— — — — Education4.31 — — — Other retail19.80 — — 2 (1) Weighted based on period-end amortized cost. (2) Amounts are recorded as charge-offs.The following tables present an aging analysis of the period-end amortized cost of loans to borrowers experiencing financial difficulty that were modified during the twelve month period ending March 31, 2025 and 2024, disaggregated by class of financing receivable. A loan in a forbearance or repayment plan is reported as past due according to its contractual terms until contractually modified. Subsequent to modification, it is reported as past due based on its restructured terms.March 31, 2025Days Past Due and Accruing(dollars in millions)Current30-5960-89 90+Nonaccrual TotalCommercial and industrial