CITIZENS FINANCIAL GROUP INC/RI
For the period ended Sep 30, 2025. Filed Nov 3, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 3, 2025
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Consolidated Balance Sheets
CONSOLIDATED BALANCE SHEETS (UNAUDITED)
| (dollars in millions, except par value) | September 30, 2025 | December 31, 2024 |
|---|---|---|
| ASSETS: | ||
| Cash and due from banks | $1,254 | $1,409 |
| Interest-bearing cash and due from banks | 10,396 | 9,192 |
| Interest-bearing deposits in banks(1) | 694 | 635 |
| Debt securities available for sale, at fair value (including $115 and $152 pledged to creditors, respectively)(2) | 35,419 | 32,765 |
| Debt securities held to maturity (fair value of $7,295 and $7,540, respectively, and including $68 and $83 pledged to creditors, respectively)(2) | 8,124 | 8,599 |
| Loans held for sale (includes $768 and $825, respectively, measured at fair value) | 1,334 | 858 |
| Loans and leases | 140,870 | 139,203 |
| Less: Allowance for loan and lease losses | (1,972) | (2,061) |
| Net loans and leases(1) | 138,898 | 137,142 |
| Derivative assets | 721 | 408 |
| Premises and equipment, net | 857 | 875 |
| Bank-owned life insurance | 3,422 | 3,364 |
| Goodwill | 8,187 | 8,187 |
| Other intangible assets(3) | 123 | 146 |
| Other assets(1) | 13,318 | 13,941 |
| TOTAL ASSETS | $222,747 | $217,521 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY: | ||
| LIABILITIES: | ||
| Deposits: | ||
| Noninterest-bearing | $39,472 | $36,920 |
| Interest-bearing | 140,539 | 137,856 |
| Total deposits | 180,011 | 174,776 |
| Short-term borrowed funds | 214 | — |
| Long-term borrowed funds(1) | 10,441 | 12,401 |
| Derivative liabilities | 738 | 1,220 |
| Other liabilities(1) | 5,514 | 4,870 |
| TOTAL LIABILITIES | 196,918 | 193,267 |
| Commitments and Contingencies (refer to Note 11) | ||
| STOCKHOLDERS’ EQUITY: | ||
| Preferred stock: | ||
| $25.00 par value,100,000,000 shares authorized; 2,150,000 shares issued and outstanding at September 30, 2025 and December 31, 2024 | 2,111 | 2,113 |
| Common stock: | ||
| $0.01 par value, 1,000,000,000 shares authorized; 652,107,285 shares issued and 431,453,142 shares outstanding at September 30, 2025 and 650,068,324 shares issued and 440,543,381 shares outstanding at December 31, 2024 | 7 | 7 |
| Additional paid-in capital | 22,448 | 22,364 |
| Retained earnings | 11,056 | 10,412 |
| Treasury stock, at cost, 220,654,143 and 209,524,943 shares at September 30, 2025 and December 31, 2024, respectively | (7,526) | (7,047) |
| Accumulated other comprehensive income (loss) | (2,267) | (3,595) |
| TOTAL STOCKHOLDERS’ EQUITY | 25,829 | 24,254 |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $222,747 | $217,521 |
(1) Includes amounts in consolidated VIEs. See Note 6 for additional information.
(2) Includes only collateral pledged by the Company where counterparties have the right to sell or pledge the collateral.
(3) Excludes MSRs, which are reported in Other assets.
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