Citizens Financial Q1 2025 Summary:

- Net income: $373M, EPS: $0.77
- ROTCE: 9.6%, NIM: 2.90%
- Revenue: $1.94B (down 3% QoQ)
- PPNR: $621M (down 9% QoQ)
- NII: $1.39B (down 1.5%), Fees: $544M (down 5%)
- Expenses: $1.31B (flat), efficiency ratio: 67.9%
- Provision for credit losses: $153M
- Net charge-offs: $200M (0.58% of loans)
- Loans: $137.6B (down 1%); deposits: $177.6B (up 2%)
- CET1: 10.6%, LDR: 77.5%, TBV/share: $33.97 (up 5%)
- No notable items this quarter
- Sold $1.9B of Non-Core student loans