Company: CFG-PE
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000759944-25-000070
Chunk: 139

Company: CITIZENS FINANCIAL GROUP INC/RI
Filing Date: 2025-05-01
Form: 10-Q
Item: Part I, Item 2
Chunk 139
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Note 10 - Stockholders’ Equity60Note 11 - Commitments and Contingencies61Note 12 - Fair Value Measurements62Note 13 - Noninterest Income67Note 14 - Other Operating Expense68Note 15 - Earnings Per Share69Note 16 - Business Segments69

Citizens Financial Group, Inc. | 33

CONSOLIDATED BALANCE SHEETS (UNAUDITED)

(dollars in millions, except par value)March 31, 2025December 31, 2024ASSETS:Cash and due from banks$1,082 $1,409 Interest-bearing cash and due from banks10,459 9,192 Interest-bearing deposits in banks(1)685 635 Debt securities available for sale, at fair value (including $110 and $152 pledged to creditors, respectively)(2)34,208 32,765 Debt securities held to maturity (fair value of $7,515 and $7,540, respectively, and including $70 and $83 pledged to creditors, respectively)(2)8,469 8,599 Loans held for sale (includes $1,137 and $825, respectively, measured at fair value)2,820 858 Loans and leases137,635 139,203 Less: Allowance for loan and lease losses(2,014)(2,061)Net loans and leases(1)135,621 137,142 Derivative assets760 408 Premises and equipment, net855 875 Bank-owned life insurance3,386 3,364 Goodwill8,187 8,187 Other intangible assets(3)137 146 Other assets(1)13,479 13,941 TOTAL ASSETS$220,148 $217,521 LIABILITIES AND STOCKHOLDERS’ EQUITY:LIABILITIES:Deposits:Noninterest-bearing$37,556 $36,920 Interest-bearing140,020 137,856           Total deposits177,576 174,776 Short-term borrowed funds47 — Derivative liabilities883 1,220 Long-term borrowed funds(1)12,267 12,401 Other liabilities(1)4,509 4,870 TOTAL LIABILITIES195,282 193,267 Commitments and Contingencies (refer to Note 11)STOCKHOLDERS