Welcome to our dedicated page for CITIZENS FINANCIAL GROUP INC/RI SEC filings (Ticker: CFG-PE), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Our SEC filing database is enhanced with expert analysis from Rhea-AI, providing insights into the potential impact of each filing on CITIZENS FINANCIAL GROUP INC/RI's stock performance. Each filing includes a concise AI-generated summary, sentiment and impact scores, and end-of-day stock performance data showing the actual market reaction. Navigate easily through different filing types including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, proxy statements (DEF 14A), and Form 4 insider trading disclosures.
Designed for fundamental investors and regulatory compliance professionals, our page simplifies access to critical SEC filings. By combining real-time EDGAR feed updates, Rhea-AI's analytical insights, and historical stock performance data, we provide comprehensive visibility into CITIZENS FINANCIAL GROUP INC/RI's regulatory disclosures and financial reporting.
Citizens Financial Group, Inc. created a new class of 6.750% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series J, with a liquidation preference of $1,000 per share. The terms were established through a Certificate of Designations filed in Delaware on July 27, 2026, which became effective upon filing.
When Series J is issued on July 30, 2026, the company’s ability to pay dividends on or repurchase common stock and other junior securities will be restricted for any period in which dividends on Series J are not declared and paid or set aside. Dividends on equally ranked preferred stock will also be limited if only partial dividends are paid on Series J. Citizens Financial also entered into an Underwriting Agreement for a public offering of 400,000 shares of Series J Preferred Stock, supported by legal opinions and consents incorporated into an existing Form S-3 registration statement.
Citizens Financial Group, Inc. is conducting a primary offering of 400,000 shares of its 6.750% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series J, each with a $1,000 liquidation preference, for an initial public offering price of $1,000 per share.
Dividends are non-cumulative, payable quarterly when, as and if declared, at 6.750% per annum to, but excluding, October 6, 2031, and thereafter reset every five years to the Five-year U.S. Treasury Rate + 2.379%. The shares are perpetual, redeemable at Citizens’ option on any dividend payment date on or after October 6, 2031, or within 90 days of a Regulatory Capital Treatment Event, at $1,000 per share plus declared and unpaid dividends.
Gross proceeds are $400 million, with approximately $394 million expected net. Citizens intends to use the net proceeds primarily to redeem some or all of its outstanding Series G Preferred Stock and for general corporate purposes. The Series J Preferred Stock will not be listed on any securities exchange and is not insured by the FDIC.