Citizens Financial Group Inc. 8-K Report: Stock Insights & Updates (Jan 2025)

From the provided section of the financial report, here are the key pieces of information extracted:

1. Entity Identification:

• Company Name: Citizens Financial Group Inc.
• CIK: 0000759944
• SEC Filing Type: 8-K
• Filing Date: January 17, 2025

2. Stock Information:

• Common Stock:
• • Par Value: $0.01 per share
  • Ticker Symbol: CFG (listed on NYSE)
• Preferred Stock:
• • Series E:
  • Type: 5.000% Fixed-Rate Non-Cumulative Perpetual Preferred Stock
  • Ticker Symbol: CFG PrE (listed on NYSE)
  • Each depositary share represents a 1/40th interest in a share.
  • Series H:
  • Type: 7.375% Fixed-Rate Non-Cumulative Perpetual Preferred Stock
  • Ticker Symbol: CFG PrH (listed on NYSE)
  • Each depositary share represents a 1/40th interest in a share.

3. Address:

• Corporate Headquarters: One Citizens Plaza, Providence, RI 02903
• Phone Number: 203 900-6715

4. Reporting Contexts:

• The report includes various contexts indicating the periods for which the stock classes are reported. All contexts denote a single reporting date of January 17, 2025.

5. Segment Reporting:

• The report specifies classifications for different types of stock under the US GAAP (Generally Accepted Accounting Principles):
• • Common Stock
  • Series E Preferred Stock
  • Series H Preferred Stock

Insights:

• The report indicates that Citizens Financial Group is actively managing both common and preferred stock offerings, which may attract different types of investors.
• The presence of fixed-rate preferred stocks shows a strategy to provide stable returns to investors, which may be appealing in a fluctuating interest rate environment.
• The filing type (8-K) suggests that this report may contain significant events or updates that could impact investor decisions. Further examination of the full filing would be necessary to ascertain detailed implications.