Company: CFG-PE
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000759944-25-000070
Chunk: 207

Company: CITIZENS FINANCIAL GROUP INC/RI
Filing Date: 2025-05-01
Form: 10-Q
Item: Part I, Item 1
Chunk 207
---
 respectively208 (405)Reclassification adjustment for net (gains) losses on cash flow hedge derivatives included in net income, net of income taxes of $54 and $54, respectively148 149 AFS securities:Net unrealized gains (losses) on AFS securities arising during the period, net of income taxes of $95 and ($56), respectively282 (173)Reclassification of net securities (gains) losses on AFS securities to net income, net of income taxes of $4 and $5, respectively13 14 Defined benefit plans:Actuarial gain (loss) arising during the period, net of income taxes of $— and $1, respectively— 4 Amortization of actuarial (gain) loss to net income, net of income taxes of $1 and $1, respectively3 5 Total other comprehensive income (loss), net of income taxes654 (406)Total comprehensive income (loss)$1,027 ($72)

The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.

Citizens Financial Group, Inc. | 36

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY (UNAUDITED)Preferred StockCommon StockAdditional Paid-in CapitalRetained EarningsTreasury Stock, at CostAccumulated Other Comprehensive Income (Loss)Total(dollars and shares in millions)SharesAmountSharesAmountBalance at January 1, 20242 $2,014 466 $6 $22,250 $9,816 ($5,986)($3,758)$24,342 Dividends declared - common stock— — — — — (197)— — (197)Dividends declared - preferred stock— — — — — (30)— — (30)Treasury stock purchased— — (9)— — — (300)— (300)Share repurchase excise tax— — — — — — (4)— (4)Share-based compensation plans— — 1 — 15 — — — 15 Employee stock purchase plan— — — — 7 — — — 7 Total comprehensive income (loss):Net income— — — — — 334 — — 334 Other