Citizens Financial Group (CFG) Financials

$40.33 +0.07 (+0.17%)

Closing price 03:59 PM Eastern

Extended Trading

$40.16 -0.16 (-0.41%)

As of 05:52 PM Eastern

Annual Income Statements for Citizens Financial Group

This table shows Citizens Financial Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	1,372	1,491	1,960	2,319	1,057	1,718	1,692	1,638	1,045	840
Consolidated Net Income / (Loss)	1,509	1,608	2,073	2,319	1,057	1,791	1,721	1,652	1,045	840
Net Income / (Loss) Continuing Operations	1,509	1,608	2,073	2,319	1,057	1,791	1,721	1,652	1,045	840
Total Pre-Tax Income	1,888	2,030	2,655	2,977	1,298	2,251	2,183	1,912	1,534	1,263
Total Revenue	7,809	8,224	8,021	6,647	6,905	6,491	6,128	5,707	5,255	4,824
Net Interest Income / (Expense)	5,633	6,241	6,012	4,512	4,586	4,614	4,532	4,173	3,758	3,402
Total Interest Income	10,186	10,204	7,060	4,851	5,357	6,189	5,758	4,920	4,266	3,854
Loans and Leases Interest Income	8,025	8,591	6,092	4,348	4,827	5,517	5,057	4,277	3,674	3,228
Investment Securities Interest Income	1,658	1,162	840	487	519	642	672	625	584	621
Deposits and Money Market Investments Interest Income	503	451	128	16	11	30	29	18	8.00	5.00
Total Interest Expense	4,553	3,963	1,048	339	771	1,575	1,226	747	508	452
Deposits Interest Expense	3,825	3,145	651	160	509	1,155	785	441	270	237
Short-Term Borrowings Interest Expense	15	43	23	1.00	2.00	10	15	17	40	67
Long-Term Debt Interest Expense	713	775	374	178	260	410	426	286	196	132
Total Non-Interest Income	2,176	1,983	2,009	2,135	2,319	1,877	1,596	1,534	1,497	1,422
Other Service Charges	2,012	1,513	1,812	1,886	2,112	1,656	1,409	1,372	1,347	1,243
Net Realized & Unrealized Capital Gains on Investments	18	211	9.00	10	4.00	19	16	11	4.00	22
Other Non-Interest Income	146	-	188	-	-	-	-	-7.00	-	-
Provision for Credit Losses	687	687	474	-411	1,616	393	326	321	369	302
Total Non-Interest Expense	5,234	5,507	4,892	4,081	3,991	3,847	3,619	3,474	3,352	3,259
Salaries and Employee Benefits	2,657	2,599	2,549	2,132	2,123	2,026	1,880	1,766	1,714	1,636
Net Occupancy & Equipment Expense	1,216	1,248	1,058	943	896	847	464	762	570	576
Other Operating Expenses	1,361	1,660	1,285	1,006	972	974	1,275	946	898	901
Income Tax Expense	379	422	582	658	241	460	462	260	489	423
Basic Earnings per Share	$3.05	$3.14	$4.12	$5.18	$2.22	$3.82	$3.54	$3.26	$1.97	$1.55
Weighted Average Basic Shares Outstanding	450.68M	475.09M	475.96M	425.67M	427.06M	449.73M	478.82M	502.16M	522.09M	535.60M
Diluted Earnings per Share	$3.03	$3.13	$4.10	$5.16	$2.22	$3.81	$3.52	$3.25	$1.97	$1.55
Weighted Average Diluted Shares Outstanding	453.51M	476.69M	477.80M	427.44M	428.16M	451.21M	480.43M	503.69M	523.93M	538.22M
Weighted Average Basic & Diluted Shares Outstanding	437.14M	458.76M	484.11M	422.14M	425.11M	427.43M	478M	502.50M	523.40M	537.40M
Cash Dividends to Common per Share	$1.68	$1.68	$1.62	$1.56	$1.56	$1.36	$0.98	$0.64	$0.46	$0.40

This table shows Citizens Financial Group's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	340	367	344	357	304	159	400	444	488	597	611
Consolidated Net Income / (Loss)	373	401	382	392	334	189	430	478	511	653	636
Net Income / (Loss) Continuing Operations	373	401	382	392	334	189	430	478	511	653	636
Total Pre-Tax Income	468	508	470	480	430	205	549	612	664	828	813
Total Revenue	1,935	1,986	1,901	1,963	1,959	1,988	2,014	2,094	2,128	2,200	2,177
Net Interest Income / (Expense)	1,391	1,412	1,369	1,410	1,442	1,488	1,522	1,588	1,643	1,695	1,665
Total Interest Income	2,352	2,462	2,539	2,575	2,610	2,676	2,595	2,531	2,402	2,252	1,969
Loans and Leases Interest Income	1,845	1,931	1,995	2,028	2,071	2,166	2,194	2,164	2,067	1,919	1,690
Investment Securities Interest Income	418	419	423	417	399	339	290	267	266	258	243
Deposits and Money Market Investments Interest Income	89	112	121	130	140	171	111	100	69	75	36
Total Interest Expense	961	1,050	1,170	1,165	1,168	1,188	1,073	943	759	557	304
Deposits Interest Expense	795	883	990	965	987	974	898	723	550	396	176
Short-Term Borrowings Interest Expense	8.00	1.00	3.00	4.00	7.00	7.00	8.00	22	6.00	2.00	11
Long-Term Debt Interest Expense	158	166	177	196	174	207	167	198	203	159	117
Total Non-Interest Income	544	574	532	553	517	500	492	506	485	505	512
Other Service Charges	498	603	487	514	408	252	439	453	369	603	409
Net Realized & Unrealized Capital Gains on Investments	7.00	4.00	9.00	0.00	5.00	192	5.00	9.00	5.00	4.00	0.00
Other Non-Interest Income	39	35	36	39	36	-	48	44	48	-	42
Provision for Credit Losses	153	162	172	182	171	171	172	176	168	132	123
Total Non-Interest Expense	1,314	1,316	1,259	1,301	1,358	1,612	1,293	1,306	1,296	1,240	1,241
Salaries and Employee Benefits	696	674	647	645	691	667	659	615	658	633	639
Net Occupancy & Equipment Expense	306	305	302	303	306	340	298	317	293	280	265
Other Operating Expenses	312	337	310	353	361	605	336	374	345	327	337
Income Tax Expense	95	107	88	88	96	16	119	134	153	175	177
Basic Earnings per Share	$0.78	$0.83	$0.77	$0.79	$0.66	$0.36	$0.85	$0.93	$1.00	$1.27	$1.23
Weighted Average Basic Shares Outstanding	438.32M	450.68M	446.56M	454.14M	461.36M	475.09M	469.48M	479.47M	485.44M	475.96M	495.65M
Diluted Earnings per Share	$0.77	$0.83	$0.77	$0.78	$0.65	$0.36	$0.85	$0.92	$1.00	$1.27	$1.23
Weighted Average Diluted Shares Outstanding	442.20M	453.51M	449.91M	456.56M	463.80M	476.69M	471.18M	480.98M	487.71M	477.80M	497.48M
Weighted Average Basic & Diluted Shares Outstanding	433.65M	437.14M	440.70M	448.30M	455.02M	458.76M	466.22M	472.29M	483.99M	484.11M	492.49M
Cash Dividends to Common per Share	$0.42	-	$0.42	$0.42	$0.42	-	$0.42	$0.42	$0.42	-	$0.42

This table details how cash moves in and out of Citizens Financial Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Change in Cash & Equivalents	-1,027	1,081	1,389	-3,575	9,347	-688	1,042	-672	619	-191
Net Cash From Operating Activities	2,001	2,961	4,119	2,275	111	1,697	1,767	1,883	1,490	1,229
Net Cash From Continuing Operating Activities	2,001	2,961	4,119	2,275	111	1,697	1,767	1,883	1,490	1,229
Net Income / (Loss) Continuing Operations	1,509	1,608	2,073	2,319	1,057	1,791	1,721	1,652	1,045	840
Consolidated Net Income / (Loss)	1,509	1,608	2,073	2,319	1,057	1,791	1,721	1,652	1,045	840
Provision For Loan Losses	687	687	474	-411	1,616	393	326	321	369	302
Depreciation Expense	498	478	565	625	578	633	486	487	515	471
Non-Cash Adjustments to Reconcile Net Income	-98	-183	132	-381	-194	74	22	44	-106	227
Changes in Operating Assets and Liabilities, net	-595	371	875	123	-2,946	-1,194	-791	-621	-333	-628
Net Cash From Investing Activities	2,987	5,248	-12,637	-10,486	-6,136	-3,875	-7,077	-3,984	-11,326	-5,905
Net Cash From Continuing Investing Activities	2,987	5,248	-12,637	-10,486	-6,136	-3,875	-7,077	-3,984	-11,326	-5,905
Purchase of Property, Leasehold Improvements and Equipment	-122	-172	-126	-124	-118	-95	-232	-412	-165	-178
Purchase of Investment Securities	-4,590	-3,015	-20,052	-20,586	-17,392	-14,116	-10,715	-9,997	-17,942	-14,126
Sale and/or Maturity of Investments	7,792	8,496	8,312	10,540	11,439	10,442	4,822	6,425	6,781	8,399
Other Investing Activities, net	-93	-61	-771	-316	-65	-106	-419	-	-	-
Net Cash From Financing Activities	-6,015	-7,128	9,907	4,636	15,372	1,490	6,352	1,429	10,455	4,485
Net Cash From Continuing Financing Activities	-6,015	-7,128	9,907	4,636	15,372	1,490	6,352	1,429	10,455	4,485
Net Change in Deposits	-2,566	-3,382	6,146	7,197	21,851	5,738	4,486	5,285	7,265	6,832
Issuance of Debt	13,185	25,983	24,617	0.00	8,323	12,850	22,503	15,363	15,144	6,750
Issuance of Common Equity	392	0.00	0.00	296	395	730	593	0.00	0.00	247
Repayment of Debt	-14,791	-27,916	-19,786	-1,506	-14,061	-15,905	-19,707	-17,710	-11,615	-5,149
Repurchase of Preferred Equity	-300	0.00	0.00	-250	0.00	0.00	-	-	-	-
Repurchase of Common Equity	-1,050	-906	-153	-295	-270	-1,220	-1,025	-820	-430	-500
Payment of Dividends	-903	-928	-892	-783	-770	-682	-485	-336	-255	-221
Other Financing Activities, Net	18	21	-25	-23	-96	-21	-13	-353	346	-3,474
Cash Interest Paid	4,375	3,640	989	347	837	1,560	1,184	716	505	454
Cash Income Taxes Paid	208	375	183	1,247	261	326	241	371	94	157

This table details how cash moves in and out of Citizens Financial Group's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	940	-314	-856	172	-29	-3,772	3,833	3,593	-2,573	2,387	1,646
Net Cash From Operating Activities	-213	483	130	834	554	670	1,015	122	1,154	1,441	3,000
Net Cash From Continuing Operating Activities	-213	483	130	834	554	670	1,015	122	1,154	1,441	3,000
Net Income / (Loss) Continuing Operations	373	401	382	392	334	189	430	478	511	653	636
Consolidated Net Income / (Loss)	373	401	382	392	334	189	430	478	511	653	636
Provision For Loan Losses	153	162	172	182	171	171	172	176	168	132	123
Depreciation Expense	123	124	129	143	102	126	122	112	118	117	121
Non-Cash Adjustments to Reconcile Net Income	6.00	-110	-6.00	-11	29	-176	-8.00	36	-35	-55	62
Changes in Operating Assets and Liabilities, net	-868	-94	-547	128	-82	360	299	-680	392	594	2,058
Net Cash From Investing Activities	-1,108	1,608	161	179	1,039	225	382	3,149	1,492	-158	883
Net Cash From Continuing Investing Activities	-1,108	1,608	161	179	1,039	225	382	3,149	1,492	-158	883
Purchase of Property, Leasehold Improvements and Equipment	-14	-48	-34	-30	-10	-48	-33	-39	-52	15	-85
Purchase of Investment Securities	-2,922	-1,193	-2,147	-734	-516	-1,208	-1,279	16	-544	-2,056	-1,277
Sale and/or Maturity of Investments	1,878	2,913	2,409	928	1,542	1,361	1,870	2,950	2,315	1,922	2,250
Other Investing Activities, net	-50	-64	-67	15	23	120	-176	222	-227	-39	-5.00
Net Cash From Financing Activities	2,261	-2,405	-1,147	-841	-1,622	-4,667	2,436	322	-5,219	1,104	-2,237
Net Cash From Continuing Financing Activities	2,261	-2,405	-1,147	-841	-1,622	-4,667	2,436	322	-5,219	1,104	-2,237
Net Change in Deposits	2,800	-412	-1,164	-76	-914	-855	530	5,473	-8,530	2,158	-359
Issuance of Debt	2,533	-	2,332	5,088	5,765	4,750	9,016	6,507	5,710	13,101	6,299
Repayment of Debt	-2,628	-1,560	-1,472	-5,826	-5,933	-8,379	-6,629	-11,171	-1,737	-13,770	-7,934
Repurchase of Common Equity	-200	-225	-325	-200	-300	-	-250	-256	-400	-151	-
Payment of Dividends	-220	-226	-225	-224	-228	-230	-231	-229	-238	-233	-243
Other Financing Activities, Net	-24	17	7.00	6.00	-12	47	-	-2.00	-24	-1.00	-

This table presents Citizens Financial Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Total Assets	217,521	221,964	226,733	188,409	183,349	165,733	160,518	152,336	149,520	138,208
Cash and Due from Banks	10,601	11,628	10,547	9,158	12,733	3,386	4,074	3,032	3,704	3,085
Interest Bearing Deposits at Other Banks	635	405	303	316	306	297	148	192	439	356
Trading Account Securities	41,772	39,401	34,683	29,525	28,092	24,622	25,392	26,350	25,295	23,837
Loans and Leases, Net of Allowance	137,142	143,861	154,679	126,405	120,647	-1,252	115,418	109,381	106,433	97,826
Loans and Leases	139,203	145,959	156,662	128,163	123,090	-	116,660	110,617	107,669	99,042
Allowance for Loan and Lease Losses	2,061	2,098	1,983	1,758	2,443	1,252	1,242	1,236	1,236	1,216
Loans Held for Sale	858	779	982	3,468	4,003	3,330	1,320	110,099	107,058	98,191
Premises and Equipment, Net	875	895	844	768	759	761	791	685	601	595
Goodwill	8,187	8,188	8,173	7,116	7,050	7,044	6,923	6,887	6,876	6,876
Intangible Assets	146	157	197	64	-	-	-	-	-	-
Other Assets	17,305	16,650	16,325	11,589	9,759	127,545	6,452	5,085	5,547	5,268
Total Liabilities & Shareholders' Equity	217,521	221,964	226,733	188,409	183,349	165,733	160,518	152,336	149,520	138,208
Total Liabilities	193,267	197,622	203,043	164,989	160,676	143,532	139,701	132,066	129,773	118,562
Non-Interest Bearing Deposits	36,920	37,107	49,283	49,443	43,831	29,233	29,458	29,279	28,472	27,649
Interest Bearing Deposits	137,856	140,235	131,441	104,918	103,333	96,080	90,117	85,810	81,332	74,890
Short-Term Debt	0.00	505	3.00	74	371	274	453	1,856	3,211	2,630
Long-Term Debt	12,401	13,467	15,887	6,932	8,346	14,047	15,925	11,765	12,790	9,886
Other Long-Term Liabilities	6,090	6,308	6,429	3,622	4,795	3,898	2,592	2,541	2,820	2,705
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	24,254	24,342	23,690	23,420	22,673	22,201	20,817	20,270	19,747	19,646
Total Preferred & Common Equity	24,254	24,342	23,690	23,420	22,673	22,201	20,817	20,270	19,747	19,646
Preferred Stock	2,113	2,014	2,014	2,014	1,965	-	840	247	247	247
Total Common Equity	22,141	22,328	21,676	21,406	20,708	22,201	19,977	20,023	19,500	19,399
Common Stock	22,371	22,256	22,148	19,011	18,946	18,897	18,821	18,787	18,728	18,731
Retained Earnings	10,412	9,816	9,159	7,978	6,445	6,498	5,385	4,164	2,703	1,913
Treasury Stock	-7,047	-5,986	-5,071	-4,918	-4,623	-4,353	-3,133	-2,108	-1,263	-858
Accumulated Other Comprehensive Income / (Loss)	-3,595	-3,758	-4,560	-665	-60	-411	-1,096	-820	-668	-387

This table presents Citizens Financial Group's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Total Assets	220,148	217,521	219,706	219,938	220,448	221,964	225,270	223,066	222,256	226,733	224,684
Cash and Due from Banks	11,541	10,601	10,915	11,771	11,599	11,628	15,400	11,567	7,974	10,547	8,160
Interest Bearing Deposits at Other Banks	685	635	648	559	392	405	324	284	320	303	261
Trading Account Securities	43,437	41,772	42,159	41,200	40,710	39,401	34,911	34,994	34,091	34,683	34,901
Loans and Leases, Net of Allowance	135,621	137,142	139,553	139,717	141,102	143,861	147,666	149,276	152,671	154,679	154,160
Loans and Leases	137,635	139,203	141,632	141,842	143,188	145,959	149,746	151,320	154,688	156,662	156,140
Allowance for Loan and Lease Losses	2,014	2,061	2,079	2,125	2,086	2,098	2,080	2,044	2,017	1,983	1,980
Loans Held for Sale	2,820	858	663	683	555	779	848	1,421	1,855	982	1,962
Premises and Equipment, Net	855	875	862	863	872	895	878	876	866	844	827
Goodwill	8,187	8,187	8,187	8,187	8,188	8,188	8,188	8,188	8,177	8,173	8,160
Intangible Assets	137	146	137	139	148	157	167	175	185	197	-
Other Assets	16,865	17,305	16,582	16,819	16,882	16,650	16,888	16,285	16,117	16,325	16,253
Total Liabilities & Shareholders' Equity	220,148	217,521	219,706	219,938	220,448	221,964	225,270	223,066	222,256	226,733	224,684
Total Liabilities	195,282	193,267	194,774	196,069	196,687	197,622	202,392	199,481	198,055	203,043	201,538
Non-Interest Bearing Deposits	37,556	36,920	35,978	36,927	36,593	37,107	38,561	40,286	44,326	49,283	51,888
Interest Bearing Deposits	140,020	137,856	139,210	139,425	139,835	140,235	139,636	137,381	127,868	131,441	126,678
Short-Term Debt	47	0.00	15	2.00	9.00	505	232	1,099	1,018	3.00	2,490
Long-Term Debt	12,267	12,401	13,944	13,082	13,804	13,467	17,354	14,100	18,855	15,887	16,286
Other Long-Term Liabilities	5,392	6,090	5,627	6,633	6,446	6,308	6,609	6,615	5,988	6,429	4,196
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	24,866	24,254	24,932	23,869	23,761	24,342	22,878	23,585	24,201	23,690	23,146
Total Preferred & Common Equity	24,866	24,254	24,932	23,869	23,761	24,342	22,878	23,585	24,201	23,690	23,146
Preferred Stock	2,113	2,113	2,112	2,112	2,014	2,014	2,014	2,014	2,014	2,014	2,014
Total Common Equity	22,753	22,141	22,820	21,757	21,747	22,328	20,864	21,571	22,187	21,676	21,132
Common Stock	22,377	22,371	22,333	22,305	22,278	22,256	22,237	22,213	22,189	22,148	22,127
Retained Earnings	10,566	10,412	10,233	10,079	9,923	9,816	9,856	9,655	9,416	9,159	8,748
Treasury Stock	-7,249	-7,047	-6,820	-6,492	-6,290	-5,986	-5,986	-5,734	-5,475	-5,071	-4,920
Accumulated Other Comprehensive Income / (Loss)	-2,941	-3,595	-2,926	-4,135	-4,164	-3,758	-5,243	-4,563	-3,943	-4,560	-4,823

This table displays calculated financial ratios and metrics derived from Citizens Financial Group's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-5.05%	2.53%	20.67%	-3.74%	6.38%	5.92%	7.38%	8.60%	8.93%	-3.11%
EBITDA Growth	-4.86%	-22.11%	-10.61%	92.00%	-34.95%	7.93%	11.38%	17.08%	17.02%	3.00%
EBIT Growth	-7.00%	-23.54%	-10.82%	129.35%	-42.34%	3.12%	14.17%	24.64%	21.46%	-0.39%
NOPAT Growth	-6.16%	-22.43%	-10.61%	119.39%	-40.98%	4.07%	4.18%	58.09%	24.40%	-2.89%
Net Income Growth	-6.16%	-22.43%	-10.61%	119.39%	-40.98%	4.07%	4.18%	58.09%	24.40%	-2.89%
EPS Growth	-3.19%	-23.66%	-20.54%	132.43%	-41.73%	8.24%	8.31%	64.97%	27.10%	0.00%
Operating Cash Flow Growth	-32.42%	-28.11%	81.05%	1,949.55%	-93.46%	-3.96%	-6.16%	26.38%	21.24%	-11.58%
Free Cash Flow Firm Growth	10.23%	140.59%	-315.69%	-46.95%	151.18%	255.65%	-145.11%	238.10%	-119.24%	82.02%
Invested Capital Growth	-4.33%	-3.20%	30.09%	-3.07%	-14.05%	-1.81%	9.75%	-5.19%	11.15%	6.63%
Revenue Q/Q Growth	-0.03%	-2.51%	6.37%	0.20%	1.02%	0.68%	1.81%	2.17%	1.92%	1.79%
EBITDA Q/Q Growth	14.44%	-19.67%	2.84%	3.62%	-0.64%	1.98%	2.69%	3.32%	2.40%	7.49%
EBIT Q/Q Growth	19.12%	-23.48%	5.73%	3.95%	2.37%	-0.71%	2.54%	4.88%	3.44%	6.76%
NOPAT Q/Q Growth	16.35%	-22.39%	6.31%	3.30%	0.57%	-0.83%	-10.46%	30.28%	6.20%	2.94%
Net Income Q/Q Growth	16.35%	-22.39%	6.31%	3.30%	0.57%	-0.83%	-10.46%	30.28%	6.20%	2.94%
EPS Q/Q Growth	18.36%	-22.52%	2.50%	3.82%	0.45%	0.53%	-9.74%	32.11%	6.49%	4.73%
Operating Cash Flow Q/Q Growth	-8.55%	-20.66%	8.88%	11.74%	496.43%	10.92%	7.74%	8.09%	-6.64%	21.20%
Free Cash Flow Firm Q/Q Growth	10.38%	-18.58%	26.19%	-13.54%	42.11%	-45.16%	-60.71%	313.31%	36.43%	0.00%
Invested Capital Q/Q Growth	-5.75%	-5.31%	-5.59%	0.16%	-1.69%	3.66%	-1.91%	-3.21%	3.33%	8.60%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	30.55%	30.50%	40.14%	54.19%	27.17%	44.43%	43.60%	42.04%	38.99%	36.30%
EBIT Margin	24.18%	24.68%	33.10%	44.79%	18.80%	34.68%	35.62%	33.50%	29.19%	26.18%
Profit (Net Income) Margin	19.32%	19.55%	25.84%	34.89%	15.31%	27.59%	28.08%	28.95%	19.89%	17.41%
Tax Burden Percent	79.93%	79.21%	78.08%	77.90%	81.43%	79.56%	78.84%	86.40%	68.12%	66.51%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	20.07%	20.79%	21.92%	22.10%	18.57%	20.44%	21.16%	13.60%	31.88%	33.49%
Return on Invested Capital (ROIC)	4.03%	4.13%	5.92%	7.50%	3.11%	4.86%	4.84%	4.74%	3.08%	2.70%
ROIC Less NNEP Spread (ROIC-NNEP)	4.03%	4.13%	5.92%	7.50%	3.11%	4.86%	4.84%	4.74%	3.08%	2.70%
Return on Net Nonoperating Assets (RNNOA)	2.18%	2.57%	2.88%	2.56%	1.60%	3.47%	3.54%	3.51%	2.23%	1.62%
Return on Equity (ROE)	6.21%	6.70%	8.80%	10.06%	4.71%	8.33%	8.38%	8.26%	5.31%	4.32%
Cash Return on Invested Capital (CROIC)	8.45%	7.38%	-20.23%	10.62%	18.23%	6.69%	-4.45%	10.08%	-7.48%	-3.72%
Operating Return on Assets (OROA)	0.86%	0.90%	1.28%	1.60%	0.74%	1.38%	1.40%	1.27%	1.07%	0.93%
Return on Assets (ROA)	0.69%	0.72%	1.00%	1.25%	0.61%	1.10%	1.10%	1.09%	0.73%	0.62%
Return on Common Equity (ROCE)	5.68%	6.13%	8.05%	9.19%	4.50%	8.16%	8.16%	8.15%	5.24%	4.29%
Return on Equity Simple (ROE_SIMPLE)	6.22%	6.61%	8.75%	9.90%	4.66%	8.07%	8.27%	8.15%	5.29%	4.28%
Net Operating Profit after Tax (NOPAT)	1,509	1,608	2,073	2,319	1,057	1,791	1,721	1,652	1,045	840
NOPAT Margin	19.32%	19.55%	25.84%	34.89%	15.31%	27.59%	28.08%	28.95%	19.89%	17.41%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	49.60%	46.78%	44.97%	46.26%	43.72%	44.26%	38.25%	44.30%	43.46%	45.85%
Operating Expenses to Revenue	67.03%	66.96%	60.99%	61.40%	57.80%	59.27%	59.06%	60.87%	63.79%	67.56%
Earnings before Interest and Taxes (EBIT)	1,888	2,030	2,655	2,977	1,298	2,251	2,183	1,912	1,534	1,263
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	2,386	2,508	3,220	3,602	1,876	2,884	2,672	2,399	2,049	1,751
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.86	0.66	0.80	0.83	0.63	0.64	0.54	0.78	0.69	0.52
Price to Tangible Book Value (P/TBV)	1.38	1.05	1.31	1.24	0.95	0.93	0.82	1.18	1.07	0.80
Price to Revenue (P/Rev)	2.45	1.78	2.17	2.66	1.88	2.18	1.75	2.72	2.57	2.08
Price to Earnings (P/E)	13.93	9.83	8.87	7.63	12.25	8.23	6.34	9.49	12.90	11.92
Dividend Yield	3.87%	5.34%	4.59%	3.76%	5.15%	4.18%	4.28%	2.03%	1.75%	2.11%
Earnings Yield	7.18%	10.17%	11.27%	13.10%	8.16%	12.16%	15.78%	10.54%	7.75%	8.39%
Enterprise Value to Invested Capital (EV/IC)	0.61	0.49	0.62	0.57	0.34	0.68	0.64	0.77	0.72	0.60
Enterprise Value to Revenue (EV/Rev)	2.87	2.26	3.05	2.60	1.53	3.82	3.87	4.59	4.87	4.01
Enterprise Value to EBITDA (EV/EBITDA)	9.39	7.42	7.59	4.79	5.65	8.59	8.88	10.91	12.49	11.04
Enterprise Value to EBIT (EV/EBIT)	11.86	9.17	9.21	5.79	8.16	11.00	10.87	13.69	16.68	15.31
Enterprise Value to NOPAT (EV/NOPAT)	14.84	11.57	11.79	7.44	10.02	13.83	13.78	15.85	24.49	23.02
Enterprise Value to Operating Cash Flow (EV/OCF)	11.19	6.28	5.94	7.58	95.41	14.60	13.42	13.90	17.17	15.73
Enterprise Value to Free Cash Flow (EV/FCFF)	7.07	6.47	0.00	5.25	1.71	10.05	0.00	7.46	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.51	0.57	0.67	0.30	0.38	0.65	0.79	0.67	0.81	0.64
Long-Term Debt to Equity	0.51	0.55	0.67	0.30	0.37	0.63	0.77	0.58	0.65	0.50
Financial Leverage	0.54	0.62	0.49	0.34	0.51	0.71	0.73	0.74	0.72	0.60
Leverage Ratio	9.04	9.34	8.81	8.07	7.78	7.58	7.61	7.54	7.30	6.97
Compound Leverage Factor	9.04	9.34	8.81	8.07	7.78	7.58	7.61	7.54	7.30	6.97
Debt to Total Capital	33.83%	36.47%	40.15%	23.03%	27.77%	39.21%	44.03%	40.19%	44.76%	38.92%
Short-Term Debt to Total Capital	0.00%	1.32%	0.01%	0.24%	1.18%	0.75%	1.22%	5.48%	8.98%	8.18%
Long-Term Debt to Total Capital	33.83%	35.15%	40.14%	22.78%	26.59%	38.46%	42.81%	34.71%	35.78%	30.74%
Preferred Equity to Total Capital	5.76%	5.26%	5.09%	6.62%	6.26%	0.00%	2.26%	0.73%	0.69%	0.77%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	60.40%	58.28%	54.77%	70.35%	65.97%	60.79%	53.71%	59.08%	54.55%	60.32%
Debt to EBITDA	5.20	5.57	4.93	1.95	4.65	4.97	6.13	5.68	7.81	7.15
Net Debt to EBITDA	0.49	0.77	1.57	-0.69	-2.30	3.69	4.55	4.33	5.79	5.18
Long-Term Debt to EBITDA	5.20	5.37	4.93	1.92	4.45	4.87	5.96	4.90	6.24	5.65
Debt to NOPAT	8.22	8.69	7.67	3.02	8.25	8.00	9.52	8.25	15.31	14.90
Net Debt to NOPAT	0.77	1.21	2.43	-1.06	-4.09	5.94	7.06	6.29	11.35	10.80
Long-Term Debt to NOPAT	8.22	8.38	7.66	2.99	7.90	7.84	9.25	7.12	12.24	11.77
Noncontrolling Interest Sharing Ratio	8.49%	8.39%	8.55%	8.63%	4.38%	1.95%	2.65%	1.23%	1.25%	0.63%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	3,168	2,874	-7,081	3,283	6,189	2,464	-1,583	3,509	-2,541	-1,159
Operating Cash Flow to CapEx	1,640.16%	1,721.51%	3,269.05%	1,834.68%	94.07%	1,786.32%	761.64%	457.04%	903.03%	690.45%
Free Cash Flow to Firm to Interest Expense	0.70	0.73	-6.76	9.68	8.03	1.56	-1.29	4.70	-5.00	-2.56
Operating Cash Flow to Interest Expense	0.44	0.75	3.93	6.71	0.14	1.08	1.44	2.52	2.93	2.72
Operating Cash Flow Less CapEx to Interest Expense	0.41	0.70	3.81	6.35	-0.01	1.02	1.25	1.97	2.61	2.33
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04
Fixed Asset Turnover	8.82	9.46	9.95	8.71	9.09	8.36	8.30	8.88	8.79	8.11
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	36,655	38,314	39,580	30,426	31,390	36,522	37,195	33,891	35,748	32,162
Invested Capital Turnover	0.21	0.21	0.23	0.22	0.20	0.18	0.17	0.16	0.15	0.15
Increase / (Decrease) in Invested Capital	-1,659	-1,266	9,154	-964	-5,132	-673	3,304	-1,857	3,586	1,999
Enterprise Value (EV)	22,396	18,608	24,449	17,250	10,591	24,769	23,720	26,183	25,587	19,335
Market Capitalization	19,118	14,655	17,395	17,704	12,948	14,131	10,724	15,539	13,482	10,013
Book Value per Share	$50.24	$47.89	$44.01	$50.23	$48.49	$51.07	$42.69	$40.70	$38.10	$36.77
Tangible Book Value per Share	$31.33	$29.99	$27.02	$33.38	$31.98	$34.87	$27.90	$26.70	$24.66	$23.73
Total Capital	36,655	38,314	39,580	30,426	31,390	36,522	37,195	33,891	35,748	32,162
Total Debt	12,401	13,972	15,890	7,006	8,717	14,321	16,378	13,621	16,001	12,516
Total Long-Term Debt	12,401	13,467	15,887	6,932	8,346	14,047	15,925	11,765	12,790	9,886
Net Debt	1,165	1,939	5,040	-2,468	-4,322	10,638	12,156	10,397	11,858	9,075
Capital Expenditures (CapEx)	122	172	126	124	118	95	232	412	165	178
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	12,401	13,972	15,890	7,006	8,717	14,321	16,378	13,621	16,001	12,516
Total Depreciation and Amortization (D&A)	498	478	565	625	578	633	489	487	515	488
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$3.05	$3.14	$4.12	$5.18	$2.22	$3.82	$3.54	$3.26	$1.97	$1.55
Adjusted Weighted Average Basic Shares Outstanding	450.68M	475.09M	475.96M	425.67M	427.06M	449.73M	478.82M	502.16M	522.09M	535.60M
Adjusted Diluted Earnings per Share	$3.03	$3.13	$4.10	$5.16	$2.22	$3.81	$3.52	$3.25	$1.97	$1.55
Adjusted Weighted Average Diluted Shares Outstanding	453.51M	476.69M	477.80M	427.44M	428.16M	451.21M	480.43M	503.69M	523.93M	538.22M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$3.82	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	437.14M	458.76M	484.11M	422.14M	425.11M	427.43M	460.39M	487.33M	509.11M	527.81M
Normalized Net Operating Profit after Tax (NOPAT)	1,509	1,608	2,073	2,319	1,057	1,791	1,721	1,652	1,045	840
Normalized NOPAT Margin	19.32%	19.55%	25.84%	34.89%	15.31%	27.59%	28.08%	28.95%	19.89%	17.41%
Pre Tax Income Margin	24.18%	24.68%	33.10%	44.79%	18.80%	34.68%	35.62%	33.50%	29.19%	26.18%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.41	0.51	2.53	8.78	1.68	1.43	1.78	2.56	3.02	2.79
NOPAT to Interest Expense	0.33	0.41	1.98	6.84	1.37	1.14	1.40	2.21	2.06	1.86
EBIT Less CapEx to Interest Expense	0.39	0.47	2.41	8.42	1.53	1.37	1.59	2.01	2.69	2.40
NOPAT Less CapEx to Interest Expense	0.30	0.36	1.86	6.47	1.22	1.08	1.21	1.66	1.73	1.46
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	59.84%	57.71%	43.03%	33.76%	72.85%	38.08%	28.18%	20.34%	24.40%	26.31%
Augmented Payout Ratio	129.42%	114.05%	50.41%	46.49%	98.39%	106.20%	87.74%	69.98%	65.55%	85.83%

This table displays calculated financial ratios and metrics derived from Citizens Financial Group's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-1.23%	-0.10%	-5.61%	-6.26%	-7.94%	-9.64%	-7.49%	4.75%	29.36%	27.91%	31.22%
EBITDA Growth	11.09%	90.94%	-10.73%	-13.95%	-31.97%	-64.97%	-28.16%	-1.90%	29.68%	10.40%	14.32%
EBIT Growth	8.84%	147.80%	-14.39%	-21.57%	-35.24%	-75.24%	-32.47%	28.03%	23.88%	21.05%	19.38%
NOPAT Growth	11.68%	112.17%	-11.16%	-17.99%	-34.64%	-71.06%	-32.39%	31.32%	21.67%	23.21%	20.00%
Net Income Growth	11.68%	112.17%	-11.16%	-17.99%	-34.64%	-71.06%	-32.39%	31.32%	21.67%	23.21%	20.00%
EPS Growth	18.46%	130.56%	-9.41%	-15.22%	-35.00%	-71.65%	-30.89%	37.31%	7.53%	8.55%	4.24%
Operating Cash Flow Growth	-138.45%	-27.91%	-87.19%	583.61%	-51.99%	-53.50%	-66.17%	106.50%	-25.74%	30.41%	134.38%
Free Cash Flow Firm Growth	-88.78%	41.58%	3.55%	-57.49%	145.76%	117.12%	117.31%	140.37%	-627.55%	-669.01%	-623.92%
Invested Capital Growth	-1.05%	-4.33%	-3.89%	-4.72%	-14.75%	-3.20%	-3.48%	-10.91%	53.95%	30.09%	38.00%
Revenue Q/Q Growth	-2.57%	4.47%	-3.16%	0.20%	-1.46%	-1.29%	-3.82%	-1.60%	-3.27%	1.06%	8.90%
EBITDA Q/Q Growth	-6.49%	5.51%	-3.85%	17.11%	60.73%	-50.67%	-7.32%	-7.42%	-17.25%	1.18%	26.56%
EBIT Q/Q Growth	-7.87%	8.09%	-2.08%	11.63%	109.76%	-62.66%	-10.29%	-7.83%	-19.81%	1.85%	70.08%
NOPAT Q/Q Growth	-6.98%	4.97%	-2.55%	17.37%	76.72%	-56.05%	-10.04%	-6.46%	-21.75%	2.67%	74.73%
Net Income Q/Q Growth	-6.98%	4.97%	-2.55%	17.37%	76.72%	-56.05%	-10.04%	-6.46%	-21.75%	2.67%	74.73%
EPS Q/Q Growth	-7.23%	7.79%	-1.28%	20.00%	80.56%	-57.65%	-7.61%	-8.00%	-21.26%	3.25%	83.58%
Operating Cash Flow Q/Q Growth	-144.10%	271.54%	-84.41%	50.54%	-17.31%	-33.99%	731.97%	-89.43%	-19.92%	-51.97%	259.91%
Free Cash Flow Firm Q/Q Growth	-62.77%	5.37%	-12.06%	-67.47%	369.69%	-22.93%	-63.89%	135.01%	-75.69%	22.07%	15.79%
Invested Capital Q/Q Growth	1.43%	-5.75%	5.24%	-1.65%	-1.93%	-5.31%	4.33%	-12.00%	11.35%	-5.59%	-3.71%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	30.54%	31.82%	31.51%	31.74%	27.16%	16.65%	33.32%	34.58%	36.75%	42.95%	42.90%
EBIT Margin	24.19%	25.58%	24.72%	24.45%	21.95%	10.31%	27.26%	29.23%	31.20%	37.64%	37.35%
Profit (Net Income) Margin	19.28%	20.19%	20.09%	19.97%	17.05%	9.51%	21.35%	22.83%	24.01%	29.68%	29.21%
Tax Burden Percent	79.70%	78.94%	81.28%	81.67%	77.67%	92.20%	78.32%	78.10%	76.96%	78.86%	78.23%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	20.30%	21.06%	18.72%	18.33%	22.33%	7.80%	21.68%	21.90%	23.04%	21.14%	21.77%
Return on Invested Capital (ROIC)	4.02%	4.21%	3.96%	4.18%	3.36%	2.01%	4.37%	4.77%	5.62%	6.80%	6.09%
ROIC Less NNEP Spread (ROIC-NNEP)	4.02%	4.21%	3.96%	4.18%	3.36%	2.01%	4.37%	4.77%	5.62%	6.80%	6.09%
Return on Net Nonoperating Assets (RNNOA)	2.16%	2.28%	2.61%	2.49%	2.36%	1.25%	3.45%	3.42%	3.21%	3.31%	3.37%
Return on Equity (ROE)	6.17%	6.49%	6.57%	6.67%	5.73%	3.26%	7.83%	8.19%	8.83%	10.11%	9.46%
Cash Return on Invested Capital (CROIC)	5.20%	8.45%	7.23%	8.39%	19.43%	7.38%	8.57%	17.08%	-36.54%	-20.23%	-26.54%
Operating Return on Assets (OROA)	0.85%	0.91%	0.87%	0.87%	0.80%	0.38%	1.02%	1.12%	1.28%	1.45%	1.37%
Return on Assets (ROA)	0.68%	0.72%	0.71%	0.71%	0.62%	0.35%	0.80%	0.87%	0.99%	1.15%	1.07%
Return on Common Equity (ROCE)	5.65%	5.94%	6.00%	6.09%	5.25%	2.98%	7.14%	7.50%	8.06%	9.24%	8.64%
Return on Equity Simple (ROE_SIMPLE)	6.23%	0.00%	5.20%	5.63%	6.02%	0.00%	9.06%	9.66%	8.94%	0.00%	8.42%
Net Operating Profit after Tax (NOPAT)	373	401	382	392	334	189	430	478	511	653	636
NOPAT Margin	19.28%	20.19%	20.09%	19.97%	17.05%	9.51%	21.35%	22.83%	24.01%	29.68%	29.21%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	51.78%	49.30%	49.92%	48.29%	50.89%	50.65%	47.52%	44.51%	44.69%	41.50%	41.53%
Operating Expenses to Revenue	67.91%	66.26%	66.23%	66.28%	69.32%	81.09%	64.20%	62.37%	60.90%	56.36%	57.01%
Earnings before Interest and Taxes (EBIT)	468	508	470	480	430	205	549	612	664	828	813
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	591	632	599	623	532	331	671	724	782	945	934
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.78	0.86	0.80	0.75	0.76	0.66	0.57	0.55	0.61	0.80	0.73
Price to Tangible Book Value (P/TBV)	1.23	1.38	1.26	1.21	1.23	1.05	0.95	0.90	0.98	1.31	1.19
Price to Revenue (P/Rev)	2.27	2.45	2.33	2.05	2.06	1.78	1.41	1.38	1.60	2.17	2.04
Price to Earnings (P/E)	12.58	13.93	14.23	12.14	11.62	9.83	5.82	5.25	6.34	8.87	7.81
Dividend Yield	4.15%	3.87%	4.13%	4.71%	4.73%	5.34%	6.67%	6.88%	5.89%	4.59%	5.12%
Earnings Yield	7.95%	7.18%	7.03%	8.24%	8.60%	10.17%	17.17%	19.06%	15.78%	11.27%	12.81%
Enterprise Value to Invested Capital (EV/IC)	0.54	0.61	0.58	0.52	0.54	0.49	0.39	0.44	0.62	0.62	0.66
Enterprise Value to Revenue (EV/Rev)	2.56	2.87	2.91	2.41	2.53	2.26	1.87	2.00	3.19	3.05	3.68
Enterprise Value to EBITDA (EV/EBITDA)	8.14	9.39	10.90	8.86	9.03	7.42	5.05	5.08	7.99	7.59	8.87
Enterprise Value to EBIT (EV/EBIT)	10.34	11.86	14.34	11.48	11.35	9.17	5.94	5.89	9.76	9.21	11.06
Enterprise Value to NOPAT (EV/NOPAT)	12.86	14.84	17.53	14.20	14.25	11.57	7.61	7.54	12.55	11.79	14.24
Enterprise Value to Operating Cash Flow (EV/OCF)	16.13	11.19	10.39	6.22	8.64	6.28	4.23	3.01	7.30	5.94	7.34
Enterprise Value to Free Cash Flow (EV/FCFF)	10.25	7.07	7.92	6.01	2.57	6.47	4.47	2.44	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.50	0.51	0.56	0.55	0.58	0.57	0.77	0.64	0.82	0.67	0.81
Long-Term Debt to Equity	0.49	0.51	0.56	0.55	0.58	0.55	0.76	0.60	0.78	0.67	0.70
Financial Leverage	0.54	0.54	0.66	0.60	0.70	0.62	0.79	0.72	0.57	0.49	0.55
Leverage Ratio	9.06	9.04	9.31	9.34	9.23	9.34	9.78	9.39	8.95	8.81	8.84
Compound Leverage Factor	9.06	9.04	9.31	9.34	9.23	9.34	9.78	9.39	8.95	8.81	8.84
Debt to Total Capital	33.12%	33.83%	35.89%	35.41%	36.76%	36.47%	43.46%	39.19%	45.09%	40.15%	44.79%
Short-Term Debt to Total Capital	0.13%	0.00%	0.04%	0.01%	0.02%	1.32%	0.57%	2.83%	2.31%	0.01%	5.94%
Long-Term Debt to Total Capital	32.99%	33.83%	35.85%	35.40%	36.74%	35.15%	42.89%	36.36%	42.78%	40.14%	38.85%
Preferred Equity to Total Capital	5.68%	5.76%	5.43%	5.72%	5.36%	5.26%	4.98%	5.19%	4.57%	5.09%	4.80%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	61.20%	60.40%	58.68%	58.88%	57.88%	58.28%	51.56%	55.62%	50.34%	54.77%	50.41%
Debt to EBITDA	5.04	5.20	6.70	6.07	6.12	5.57	5.63	4.49	5.85	4.93	6.00
Net Debt to EBITDA	0.04	0.49	1.15	0.35	0.81	0.77	0.60	0.99	3.41	1.57	3.31
Long-Term Debt to EBITDA	5.02	5.20	6.69	6.06	6.11	5.37	5.56	4.17	5.55	4.93	5.20
Debt to NOPAT	7.95	8.22	10.76	9.73	9.65	8.69	8.49	6.67	9.18	7.67	9.63
Net Debt to NOPAT	0.06	0.77	1.85	0.56	1.27	1.21	0.90	1.47	5.35	2.43	5.31
Long-Term Debt to NOPAT	7.92	8.22	10.75	9.73	9.65	8.38	8.38	6.19	8.71	7.66	8.35
Noncontrolling Interest Sharing Ratio	8.49%	8.49%	8.63%	8.69%	8.40%	8.39%	8.75%	8.41%	8.70%	8.55%	8.65%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	767	2,060	1,955	2,223	6,834	1,455	1,888	5,229	-14,935	-8,501	-10,908
Operating Cash Flow to CapEx	-1,521.43%	1,006.25%	382.35%	2,780.00%	5,540.00%	1,395.83%	3,075.76%	312.82%	2,219.23%	0.00%	3,529.41%
Free Cash Flow to Firm to Interest Expense	0.80	1.96	1.67	1.91	5.85	1.22	1.76	5.55	-19.68	-15.26	-35.88
Operating Cash Flow to Interest Expense	-0.22	0.46	0.11	0.72	0.47	0.56	0.95	0.13	1.52	2.59	9.87
Operating Cash Flow Less CapEx to Interest Expense	-0.24	0.41	0.08	0.69	0.47	0.52	0.92	0.09	1.45	2.61	9.59
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04
Fixed Asset Turnover	9.02	8.82	8.98	9.11	9.27	9.46	9.90	9.77	10.25	9.95	9.67
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	37,180	36,655	38,891	36,953	37,574	38,314	40,464	38,784	44,074	39,580	41,922
Invested Capital Turnover	0.21	0.21	0.20	0.21	0.20	0.21	0.20	0.21	0.23	0.23	0.21
Increase / (Decrease) in Invested Capital	-394	-1,659	-1,573	-1,831	-6,500	-1,266	-1,458	-4,751	15,446	9,154	11,544
Enterprise Value (EV)	19,910	22,396	22,737	19,101	20,390	18,608	15,769	17,185	27,164	24,449	27,776
Market Capitalization	17,709	19,118	18,229	16,235	16,554	14,655	11,893	11,823	13,571	17,395	15,407
Book Value per Share	$52.05	$50.24	$50.90	$47.82	$47.14	$47.89	$44.18	$44.57	$45.83	$44.01	$42.64
Tangible Book Value per Share	$33.01	$31.33	$32.34	$29.52	$29.07	$29.99	$26.49	$27.29	$28.56	$27.02	$26.17
Total Capital	37,180	36,655	38,891	36,953	37,574	38,314	40,464	38,784	44,074	39,580	41,922
Total Debt	12,314	12,401	13,959	13,084	13,813	13,972	17,586	15,199	19,873	15,890	18,776
Total Long-Term Debt	12,267	12,401	13,944	13,082	13,804	13,467	17,354	14,100	18,855	15,887	16,286
Net Debt	88	1,165	2,396	754	1,822	1,939	1,862	3,348	11,579	5,040	10,355
Capital Expenditures (CapEx)	14	48	34	30	10	48	33	39	52	-15	85
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	12,314	12,401	13,959	13,084	13,813	13,972	17,586	15,199	19,873	15,890	18,776
Total Depreciation and Amortization (D&A)	123	124	129	143	102	126	122	112	118	117	121
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.78	$0.83	$0.77	$0.79	$0.66	$0.36	$0.85	$0.93	$1.00	$1.27	$1.23
Adjusted Weighted Average Basic Shares Outstanding	438.32M	450.68M	446.56M	454.14M	461.36M	475.09M	469.48M	479.47M	485.44M	475.96M	495.65M
Adjusted Diluted Earnings per Share	$0.77	$0.83	$0.77	$0.78	$0.65	$0.36	$0.85	$0.92	$1.00	$1.27	$1.23
Adjusted Weighted Average Diluted Shares Outstanding	442.20M	453.51M	449.91M	456.56M	463.80M	476.69M	471.18M	480.98M	487.71M	477.80M	497.48M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	433.65M	437.14M	440.70M	448.30M	455.02M	458.76M	466.22M	472.29M	483.99M	484.11M	492.49M
Normalized Net Operating Profit after Tax (NOPAT)	373	401	382	392	334	189	430	478	511	653	636
Normalized NOPAT Margin	19.28%	20.19%	20.09%	19.97%	17.05%	9.51%	21.35%	22.83%	24.01%	29.68%	29.21%
Pre Tax Income Margin	24.19%	25.58%	24.72%	24.45%	21.95%	10.31%	27.26%	29.23%	31.20%	37.64%	37.35%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.49	0.48	0.40	0.41	0.37	0.17	0.51	0.65	0.87	1.49	2.67
NOPAT to Interest Expense	0.39	0.38	0.33	0.34	0.29	0.16	0.40	0.51	0.67	1.17	2.09
EBIT Less CapEx to Interest Expense	0.47	0.44	0.37	0.39	0.36	0.13	0.48	0.61	0.81	1.51	2.39
NOPAT Less CapEx to Interest Expense	0.37	0.34	0.30	0.31	0.28	0.12	0.37	0.47	0.60	1.20	1.81
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	57.82%	59.84%	69.93%	67.88%	64.15%	57.71%	44.93%	41.40%	43.07%	43.03%	43.69%
Augmented Payout Ratio	119.19%	129.42%	133.54%	123.64%	120.48%	114.05%	95.95%	76.82%	68.62%	50.41%	54.05%

Frequently Asked Questions About Citizens Financial Group's Financials

When does Citizens Financial Group's financial year end?

According to the most recent income statement we have on file, Citizens Financial Group's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Citizens Financial Group's net income changed over the last 9 years?

Citizens Financial Group's net income appears to be on an upward trend, with a most recent value of $1.51 billion in 2024, rising from $840 million in 2015. The previous period was $1.61 billion in 2023. See where experts think Citizens Financial Group is headed by visiting Citizens Financial Group's forecast page.

How has Citizens Financial Group revenue changed over the last 9 years?

Over the last 9 years, Citizens Financial Group's total revenue changed from $4.82 billion in 2015 to $7.81 billion in 2024, a change of 61.9%.

How much debt does Citizens Financial Group have?

Citizens Financial Group's total liabilities were at $193.27 billion at the end of 2024, a 2.2% decrease from 2023, and a 63.0% increase since 2015.

How much cash does Citizens Financial Group have?

In the past 9 years, Citizens Financial Group's cash and equivalents has ranged from $3.03 billion in 2017 to $12.73 billion in 2020, and is currently $10.60 billion as of their latest financial filing in 2024.

How has Citizens Financial Group's book value per share changed over the last 9 years?

Over the last 9 years, Citizens Financial Group's book value per share changed from 36.77 in 2015 to 50.24 in 2024, a change of 36.7%.

Related Companies

This page (NYSE:CFG) was last updated on 5/30/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Citizens Financial Group (CFG) Financials

Frequently Asked Questions About Citizens Financial Group's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Citizens Financial Group (CFG) Financials

Annual Income Statements for Citizens Financial Group

Quarterly Income Statements for Citizens Financial Group

Annual Cash Flow Statements for Citizens Financial Group

Quarterly Cash Flow Statements for Citizens Financial Group

Annual Balance Sheets for Citizens Financial Group

Quarterly Balance Sheets for Citizens Financial Group

Annual Metrics And Ratios for Citizens Financial Group

Quarterly Metrics And Ratios for Citizens Financial Group

Frequently Asked Questions About Citizens Financial Group's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools