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CITIZENS FINANCIAL GROUP INCRI

For the period ended Dec 31, 2024. Filed Feb 13, 2025.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 13, 2025

CFG$64.82-0.4%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Item 8. Financial Statements and Supplementary Data

Page
Report of Management on Internal Control Over Financial Reporting82
Report of Independent Registered Public Accounting Firm on the Consolidated Financial Statements (PCAOB ID No. 34)83
Report of Independent Registered Public Accounting Firm on Internal Control Over Financial Reporting86
Consolidated Balance Sheets87
Consolidated Statements of Operations88
Consolidated Statements of Comprehensive Income89
Consolidated Statements of Changes in Stockholders’ Equity90
Consolidated Statements of Cash Flows91
Notes to Consolidated Financial Statements93
Note 1 - Significant Accounting Policies93
Note 2 - Acquisitions94
Note 3 - Cash and Due from Banks95
Note 4 - Securities95
Note 5 - Loans and Leases99
Note 6 - Credit Quality and the Allowance for Credit Losses101
Note 7 - Premises, Equipment and Software115
Note 8 - Mortgage Banking and Other Serviced Loans116
Note 9 - Leases118
Note 10 - Goodwill and Intangible Assets120
Note 11 - Variable Interest Entities121
Note 12 - Deposits124
Note 13 - Borrowed Funds125
Note 14 - Derivatives126
Note 15 - Employee Benefit Plans130
Note 16 - Accumulated Other Comprehensive Income (Loss)132
Note 17 - Stockholders’ Equity132
Note 18 - Share-Based Compensation134
Note 19 - Commitments and Contingencies135
Note 20 - Fair Value Measurements137
Note 21 - Noninterest Income143
Note 22 - Other Operating Expense145
Note 23 - Income Taxes145
Note 24 - Earnings Per Share148
Note 25 - Regulatory Matters149
Note 26 - Business Operating Segments150
Note 27 - Parent Company Financials153

Citizens Financial Group, Inc. | 81

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.