Company: CFG-PE
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000759944-25-000070
Chunk: 163

Company: CITIZENS FINANCIAL GROUP INC/RI
Filing Date: 2025-05-01
Form: 10-Q
Item: Part I, Item 2
Chunk 163
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— — — — 2 0.02 Other retail6 — — — — — 6 0.14 Total retail10 15 4 — 5 1 35 0.05 Total$52 $328 $79 $— $5 $27 $491 0.36 %Three Months Ended March 31, 2024(dollars in millions)Interest Rate ReductionTerm ExtensionPayment DelayPrincipal ForgivenessInterest Rate Reduction and Term ExtensionTerm Extension and Payment DelayTotalTotal as a % of Loan Class(1)Commercial and industrial$— $85 $65 $— $1 $32 $183 0.42 %Commercial real estate— 443 24 — 40 1 508 1.76 Total commercial— 528 89 — 41 33 691 0.95 Residential mortgages1 37 5 — 3 — 46 0.15 Home equity1 1 — — 4 — 6 0.04 Automobile— — — — — — — — Education3 — 18 — — — 21 0.18 Other retail5 — — — — — 5 0.10 Total retail10 38 23 — 7 — 78 0.11 Total$10 $566 $112 $— $48 $33 $769 0.54 %(1) Represents the total amortized cost as of period-end divided by the period-end 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$— $—