Company: CFG-PE
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0000759944-25-000153
Chunk: 236

Company: CITIZENS FINANCIAL GROUP INC/RI
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 2
Chunk 236
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.77 2.74 2.20 

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

Citizens Financial Group, Inc. | 39

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED)

Three Months Ended September 30,Nine Months Ended September 30,(dollars in millions)2025202420252024Net income$494 $382 $1,303 $1,108 Other comprehensive income (loss), net of tax:Cash flow hedges:Net unrealized gains (losses) arising during the period(16)450 275 (84)Reclassification of net (gains) losses to earnings144 203 437 522 Investment securities:Net unrealized gains (losses) on AFS securities arising during the period223 541 561 339 Reclassification of net (gains) losses to earnings18 13 48 42 Defined benefit plans:Net actuarial gain (loss) arising during the period— — — 4 Amortization of actuarial (gain) loss to earnings3 2 7 9 Total other comprehensive income (loss), net of tax372 1,209 1,328 832 Total comprehensive income (loss)$866 $1,591 $2,631 $1,940 

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

Citizens Financial Group, Inc. | 40

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 July 1, 20242 $2,112 453 $6 $22,299 $10,079 ($6,492)($4,135)$23,869 Dividends declared - common stock— — — — — (190)— — (190)Dividends declared - preferred stock— — — — — (38)— — (38)Treasury stock purchased— — (8)— — — (325)— (325)Share repurchase excise tax—