Citizens Financial 2026年季度报告

FORM 10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period ended June 30, 2026or☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from _____ to _____ 05-0412693(I.R.S. EmployerIdentification Number) One Citizens Plaza, Providence, RI 02903(Address of principal executive offices, including zip code) (203) 900-6715 Title of each class Common stock, $0.01 par value per share Depositary Shares, each representing a 1/40th interest in a share of 5.000% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series E Depositary Shares, each representing a 1/40th interest in a share of 7.375% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series H Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filingrequirements for the past 90 days.☑Yes☐No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 ofRegulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit suchfiles).☑Yes☐No Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or anemerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growthcompany” in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any newor revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).☐Yes☑No There were 421,176,788 shares of the registrant’s common stock ($0.01 par value) outstanding on July 24, 2026. Glossary of Acronyms and Terms3Part I. Financial Information5Item 1. Financial Statements (Unaudited)40Consolidated Balance Sheets41Consolidated Statements of Operations42Consolidated Statements of Comprehensive Income43Consolidated Statements of Changes in Stockholders’ Equity44Consolidated Statements of Cash Flows46Notes to Consolidated Financial Statements47Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations5Item 3. Quantitative and Qualitative Disclosures about Market Risk84Item 4. Controls and Procedures85Part II. Other Information85Item 1. Legal Proceedings85Item 1A. Risk Factors85Item 2. Unregistered Sales of Equity Securities and Use of Proceeds85Item 3. Defaults Upon Senior Securities85Item 4. Mine Safety Disclosures85Item 5. Other Information86Item 6. Exhibits86Signature87 GLOSSARY OF ACRONYMS AND TERMS The following is a list of common acronyms and terms used regularly in our financial reporting: IntroductionExecutive SummaryConsolidated Statement of Operations AnalysisConsolidated Balance Sheet Analysis Business SegmentsRisk ManagementCredit RiskMarket RiskLiquidity RiskOperational RiskCompliance Risk CapitalCritical Accounting EstimatesAccounting and Reporting DevelopmentsNon-GAAP Financial Measures FORWARD-LOOKING STATEMENTS This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Actof 1995. Any statement that does not describe historical or current facts is a forward-looking statement. These statementsoften include the words “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “goals,” “targets,” “initiatives,”“potentially,” “probably,” “projects,” “outlook,” and “guidance”, or similar expressions or future conditional verbs such as “may,”“will,” “likely,” “should,” “would,” and “could.” Forward-looking statements are based upon the current beliefs and expectations of management and on informationcurrently available to management. Our statements speak as of the date hereof, and we do not assume any obligation toupdate these statements or to update the reasons why actual results could differ from those contained in such statements inlight of new information or future events. We caution you, therefore, against relying on any of these forward-lookingstatements. They are neither statements of historical fact nor guarantees or assurances of future performance. While there isno assurance that any list of risks and uncertainties or risk factors is complete, important factors that could cause actualresults to differ materially from those in the forward-looking statements include the following, without limitation: •Negative economic, b