The company said Chairman and Chief Executive Officer Bruce Van Saun will participate in the Goldman Sachs U.S. Financial Services Conference on Tuesday, December 10, 2024 at 10 a.m. ET. The presentation was attached as Exhibit 99.1.

8-KRegulation FD DisclosureFiled Dec 10, 2024Period of report Dec 10, 2024Summary published (UTC) Oct 25, 2026

Key points

AI summary

The company said Chairman and Chief Executive Officer Bruce Van Saun will participate in the Goldman Sachs U.S. Financial Services Conference on Tuesday, December 10, 2024 at 10 a.m. ET. The presentation was attached as Exhibit 99.1.
In its presentation, the company showed assets of $220B, deposits of $175B and loans of $142B as of September 30, 2024, and said it gathers deposits in 50 U.S. states.
The company said its Private Bank business reached break-even in the middle of Q3 and is expected to be profitable in Q4 2024. It also said it expects the business to contribute about 5% of total CFG earnings in 2025.
The company said it repurchased $325 million of common shares in Q3 2024. It also presented medium-term targets of 16 to 18% ROTCE and 3.25 to 3.40% NIM.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Goldman Sachs Conference Appearance and Presentation Released

The company said Chairman and Chief Executive Officer Bruce Van Saun will participate in the Goldman Sachs U.S. Financial Services Conference on Tuesday, December 10, 2024 at 10 a.m. ET. The presentation was attached as Exhibit 99.1.

Source · Based on the filing body and exhibits

Assets, Deposits and Loans as of September 30, 2024

In its presentation, the company showed assets of $220B, deposits of $175B and loans of $142B as of September 30, 2024, and said it gathers deposits in 50 U.S. states.

Source · Based on the filing body and exhibits

Private Bank Business Status and 2025 Earnings Contribution Outlook

The company said its Private Bank business reached break-even in the middle of Q3 and is expected to be profitable in Q4 2024. It also said it expects the business to contribute about 5% of total CFG earnings in 2025.

Source · Based on the filing body and exhibits

Common Share Repurchases in Q3 2024 and Medium-Term Profitability Targets

The company said it repurchased $325 million of common shares in Q3 2024. It also presented medium-term targets of 16 to 18% ROTCE and 3.25 to 3.40% NIM.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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