Recent Updates — CFG-PH

Citizens Financial Group filed a Certificate of Designations on July 27, 2026, establishing the Series J Preferred Stock with a $1,000 per share liquidation preference. The company entered into an underwriting agreement on July 21, 2026, to publicly offer 400,000 shares of this fixed-rate reset non-cumulative perpetual preferred stock. Issuance is scheduled for July 30, 2026. The filing details restrictions on declaring dividends or purchasing common stock if Series J dividends are not paid, and limits full dividends on equally ranked preferred stock in the event of partial payments on Series J. Citizens Financial Group operates as a regional bank holding company providing financial services.