Citizens Financial Group Files 8-K

TL;DR

CFG dropped an 8-K, likely with financial updates.

AI Summary

Citizens Financial Group, Inc. (CFG) filed an 8-K on June 28, 2024, to report a Regulation FD Disclosure and Financial Statements and Exhibits. The filing does not contain specific financial figures or transaction details in the provided text, but indicates the company is providing updated information.

Why It Matters

This filing signals that Citizens Financial Group is making a regulatory disclosure and providing updated financial information to the public.

Risk Assessment

Risk Level: low — The filing is a standard regulatory disclosure and does not appear to contain immediate negative or positive news.

Key Players & Entities

• Citizens Financial Group, Inc. (company) — Registrant
• 0000759944-24-000126 (document_id) — Accession Number
• June 28, 2024 (date) — Report Date
• Providence, RI (location) — Principal Executive Offices

FAQ

Key Financial Figures

• $0.01 — ange on which registered Common stock, $0.01 par value per share CFG New York Stock
• $1.25 b — ny's common share repurchase program to $1.25 billion, an increase of $656 million abov
• $656 million — rogram to $1.25 billion, an increase of $656 million above the $594 million of capacity rema
• $594 million — , an increase of $656 million above the $594 million of capacity remaining as of June 28, 20

Filing Documents

• cfg-20240628.htm (8-K) — 33KB
• cfg2024capitalplanandscbpr.htm (EX-99.1) — 22KB
• cfg-20240628_g1.jpg (GRAPHIC) — 9KB
• imagea.jpg (GRAPHIC) — 15KB
• 0000759944-24-000126.txt ( ) — 289KB
• cfg-20240628.xsd (EX-101.SCH) — 3KB
• cfg-20240628_def.xml (EX-101.DEF) — 18KB
• cfg-20240628_lab.xml (EX-101.LAB) — 31KB
• cfg-20240628_pre.xml (EX-101.PRE) — 18KB
• cfg-20240628_htm.xml (XML) — 6KB

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. On June 28, 2024, Citizens Financial Group, Inc. (the "Company") issued a press release announcing the Board of Governors of the Federal Reserve System (the "Federal Reserve") has communicated to the Company its preliminary Stress Capital Buffer of 4.5%, effective October 1, 2024, following the release of the Federal Reserve's DFAST stress test results on June 26, 2024. The Company also announced that its board of directors has increased the capacity of the Company's common share repurchase program to $1.25 billion, an increase of $656 million above the $594 million of capacity remaining as of June 28, 2024 under the prior February 2023 authorization. The press release is attached hereto as Exhibit 99.1. The information furnished pursuant to this Item 7.01, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933 or the Exchange Act.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. Exhibit Number Description (d) Exhibit 99.1 Citizens Financial Group, Inc. press release dated June 28, 2024 Exhibit 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CITIZENS FINANCIAL GROUP, INC. By: /s/ John F. Woods John F. Woods Vice Chair and Chief Financial Officer Date: June 28, 2024

View Full Filing

View this 8-K filing on SEC EDGAR