CITIZENS FINANCIAL GROUP INC/RI

10-K & 10-Q Filings

Citizens Financial Group, Inc. is a financial services company headquartered in Providence, Rhode Island. The company offers a range of retail and commercial banking products and services to individuals, small businesses, and large corporations through more than 1,100 branches and 105 retail and commercial non-branch offices. Its business segments include Consumer Banking and Commercial Banking, with activities outside these segments classified as Non-Core or Other. The company's mission is to help customers, colleagues, and communities reach their potential and its vision is to become a top-performing bank distinguished by a customer-centric culture, continuous improvement, product innovation, and excellent capabilities. Citizens Financial Group, Inc. is a BHC incorporated under Delaware state law and its primary federal regulator is the Federal Reserve. For more information, visit the company's website at www.citizensbank.com or check the stock ticker CFG on the New York Stock Exchange.

12 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$2982.00
3100.00
3389.00
3852.00
4206.00
4221.00
2970.00
4923.00
5538.00
5554.00
1475.00
1271.00
7.15%-13.83%Net Interest Income (+)
$3301.00
3402.00
3758.00
4173.00
4532.00
4614.00
4586.00
4512.00
6012.00
6241.00
1643.00
1442.00
7.33%-12.23%Interest Expense (-)
$363.00
452.00
508.00
747.00
1226.00
1575.00
771.00
339.00
1048.00
3963.00
759.00
1168.00
30.42%53.89%Non Interest Income (+)
$-319.00
-302.00
-369.00
-321.00
-326.00
-393.00
-1616.00
411.00
-474.00
-687.00
-168.00
-171.00
-1.79%Non-recurring Operating Expenses (-)
$10.00
7.00
12.00
7.00
Operating Expenses (-)
$3392.00
3259.00
3352.00
3474.00
3619.00
3847.00
3991.00
4081.00
4892.00
5507.00
1296.00
1358.00
5.53%4.78%Operating Income/Loss (+)
$-420.00
1464.00
25.00
371.00
587.00
374.00
-1021.00
842.00
646.00
47.00
179.00
-87.00
-148.60%Provision for Loan Loss (-)
$319.00
302.00
369.00
321.00
326.00
393.00
1616.00
Earnings before Tax (+)
$1268.00
1263.00
1534.00
1912.00
2183.00
2251.00
1298.00
2977.00
2655.00
2030.00
664.00
430.00
5.37%-35.24%Tax Expense (-)
$403.00
423.00
489.00
260.00
462.00
460.00
241.00
658.00
582.00
422.00
153.00
96.00
0.51%-37.25%Income/Loss (Continuing Operations) (+)
$865.00
840.00
1045.00
1652.00
1721.00
1791.00
1057.00
2319.00
2073.00
1608.00
511.00
334.00
7.13%-34.64%Net Income/Loss (+)
$865.00
840.00
1045.00
1652.00
1721.00
1791.00
1057.00
2319.00
2073.00
1608.00
511.00
334.00
7.13%-34.64%Net Income/Loss (Common) (+)
$865.00
833.00
1031.00
1638.00
1692.00
1718.00
950.00
2206.00
1960.00
1491.00
488.00
304.00
6.24%-37.70%EPS (Basic)
$1.55
1.55
1.97
3.26
3.54
3.82
2.22
5.18
4.12
3.14
1.00
0.66
8.16%-34.00%EPS (Diluted)
$1.55
1.55
1.97
3.25
3.52
3.81
2.22
5.16
4.10
3.13
1.00
0.65
8.12%-35.00%Weighted Avg Shares (Basic)
556.67
535.60
522.09
502.16
478.82
449.73
427.06
425.67
475.96
475.09
485.44
461.36
-1.75%-4.96%Weighted Avg Shares (Diluted)
557.72
538.22
523.93
503.69
480.43
451.21
428.16
427.44
477.80
476.69
487.71
463.80
-1.73%-4.90%Cash
$1541.00
1455.00
1394.00
1179.00
1229.00
1472.00
1343.00
1471.00
1792.00
2199.00
1603.00
1490.00
4.03%-7.05%Securities & Long-term Investments
$92215.00
97826.00
106433.00
109381.00
115418.00
117836.00
120647.00
126405.00
188520.00
182822.00
186193.00
181343.00
7.90%-2.60%Property, Plant & Equipment (Net)
$595.00
595.00
601.00
685.00
791.00
761.00
759.00
768.00
844.00
895.00
866.00
872.00
4.64%0.69%Goodwill & Intangibles
$6876.00
6876.00
6876.00
6887.00
6923.00
7044.00
7050.00
7116.00
8370.00
8345.00
8362.00
8336.00
2.17%-0.31%Other Assets
$31630.00
31456.00
34216.00
34204.00
36157.00
38620.00
53550.00
52649.00
27207.00
27703.00
25232.00
28407.00
-1.46%12.58%Assets (Total)
$132857.00
138208.00
149520.00
152336.00
160518.00
165733.00
183349.00
188409.00
226733.00
221964.00
222256.00
220448.00
5.87%-0.81%Deposits
$95707.00
102539.00
109804.00
115089.00
119575.00
125313.00
147164.00
154361.00
180724.00
177342.00
172194.00
176428.00
7.09%2.46%Debt (Current)
$6253.00
2630.00
3211.00
1856.00
1653.00
9.00
243.00
74.00
3.00
505.00
1018.00
9.00
-24.39%-99.12%Securities (Liabilities)
$4888.00
1287.00
1807.00
1125.00
1448.00
385.00
128.00
197.00
1909.00
1562.00
1704.00
1705.00
-11.91%0.06%Debt (Non-current)
$10895.00
12516.00
16001.00
13621.00
16086.00
14056.00
8589.00
7006.00
15890.00
13972.00
19873.00
13813.00
2.80%-30.49%Other Liabilities
$
375.00
939.00
3769.00
4552.00
3351.00
4517.00
4241.00
3266.00
4732.00
44.89%Liabilities (Total)
$113589.00
118562.00
129773.00
132066.00
139701.00
143532.00
160676.00
164989.00
203043.00
197622.00
198055.00
196687.00
6.35%-0.69%Treasury Stock
$336.00
858.00
1263.00
2108.00
3133.00
4353.00
4623.00
4918.00
5071.00
5986.00
5475.00
6290.00
37.71%14.89%Retained Earnings
$1294.00
1913.00
2703.00
4164.00
5385.00
6498.00
6445.00
7978.00
9159.00
9816.00
9416.00
9923.00
25.25%5.38%AOCI
$-372.00
-387.00
-668.00
-820.00
-1096.00
-411.00
-60.00
-665.00
-4560.00
-3758.00
-3943.00
-4164.00
-5.60%Shareholder's Equity
$19268.00
19646.00
19747.00
20270.00
20817.00
22201.00
22673.00
23420.00
23690.00
24342.00
24201.00
23761.00
2.63%-1.82%Liabilities & Equity
$132857.00
138208.00
149520.00
152336.00
160518.00
165733.00
183349.00
188409.00
226733.00
221964.00
222256.00
220448.00
5.87%-0.81%Net Income/Loss
$865.00
840.00
1045.00
1652.00
1721.00
1791.00
1057.00
2319.00
2073.00
1608.00
511.00
334.00
7.13%-34.64%Depreciation & Amortization
$386.00
471.00
523.00
502.00
489.00
633.00
578.00
625.00
565.00
478.00
118.00
102.00
2.40%-13.56%Increase/Decrease in Working Capital
$136.00
628.00
530.00
471.00
888.00
1197.00
2946.00
-123.00
-875.00
-371.00
-396.00
82.00
120.71%Adjustments to Reconcile Net Income
$525.00
389.00
445.00
225.00
46.00
-94.00
-946.00
-44.00
2046.00
1353.00
647.00
220.00
11.09%-66.00%Net Cash (Operating)
$1390.00
1229.00
1490.00
1883.00
1767.00
1697.00
111.00
2275.00
4119.00
2961.00
1158.00
554.00
8.77%-52.16%Capital Expenditure
$308.00
284.00
300.00
412.00
1002.00
464.00
121.00
289.00
381.00
172.00
52.00
10.00
-6.27%-80.77%Net Cash (Investing)
$-10274.00
-5905.00
-11326.00
-3984.00
-7077.00
-3875.00
-6136.00
-10486.00
-12637.00
5248.00
1492.00
1039.00
-30.36%Increase/Decrease in Debt
$6541.00
9342.00
14326.00
2605.00
7282.00
2840.00
16113.00
5691.00
10977.00
-5315.00
-4557.00
-1082.00
76.26%Increase/Decrease in Equity
$-334.00
-253.00
-430.00
-820.00
-432.00
-490.00
125.00
1.00
-153.00
-906.00
-404.00
-300.00
25.74%Interest Expenses
$338.00
454.00
505.00
716.00
1184.00
1560.00
837.00
347.00
989.00
3640.00
30.22%Dividends Paid
$806.00
221.00
255.00
336.00
485.00
682.00
770.00
783.00
892.00
928.00
238.00
228.00
1.58%-4.20%Net Cash (Financing)
$9403.00
4485.00
10455.00
1429.00
6352.00
1490.00
15372.00
4636.00
9907.00
-7128.00
-5223.00
-1622.00
68.95%Cash Taxes Paid
$391.00
157.00
94.00
371.00
241.00
326.00
261.00
1247.00
183.00
375.00
-0.46%Increase/Decrease in Cash
$519.00
-191.00
619.00
-672.00
1042.00
-688.00
9347.00
-3575.00
1389.00
1081.00
-2573.00
-29.00
8.49%98.87%Cash (Beginning)
$2757.00
3276.00
3085.00
3704.00
3032.00
4074.00
3386.00
12733.00
9158.00
10547.00
10547.00
11628.00
16.08%10.25%Cash (Ending)
$3276.00
3085.00
3704.00
3032.00
4074.00
3386.00
12733.00
9158.00
10547.00
11628.00
7974.00
11599.00
15.11%45.46%NOPAT
$-290.49
1282.01
23.47
299.01
522.20
319.84
-815.70
489.30
601.47
38.32
137.75
-67.58
-149.06%Operating Margin %
-14.08%
47.23%
0.74%
9.63%
13.96%
8.86%
-34.38%
17.10%
11.66%
0.85%
12.14%
-6.85%
NOPAT Margin %
-9.74%
41.36%
0.69%
7.76%
12.42%
7.58%
-27.46%
9.94%
10.86%
0.69%
9.34%
-5.32%
Net Margin %
29.01%
27.10%
30.84%
42.89%
40.92%
42.43%
35.59%
47.11%
37.43%
28.95%
34.64%
26.28%
Tax Rate %
30.84%
12.43%
6.13%
19.40%
11.04%
14.48%
20.11%
41.89%
6.89%
18.47%
23.04%
22.33%
ROA
-0.22%
0.93%
0.02%
0.20%
0.33%
0.19%
-0.44%
0.26%
0.27%
0.02%
0.06%
-0.03%
ROE
-1.51%
6.53%
0.12%
1.48%
2.51%
1.44%
-3.60%
2.09%
2.54%
0.16%
0.57%
-0.28%
Equity Multiplier
6.90
7.03
7.57
7.52
7.71
7.47
8.09
8.04
9.57
9.12
9.18
9.28
Debt/Equity Ratio
5.86
5.99
6.53
6.44
6.60
6.28
6.88
6.89
8.30
7.88
7.98
8.01
Dividend Payout Ratio %
277.46%
17.24%
1086.58%
112.37%
92.88%
213.23%
94.40%
160.02%
148.30%
2421.86%
172.77%
337.39%
Total Payout
$1140.00
474.00
685.00
1156.00
917.00
1172.00
645.00
782.00
1045.00
1834.00
642.00
528.00
5.43%-17.76%Payout Ratio %
392.44%
36.97%
2918.86%
386.61%
175.60%
366.44%
79.07%
159.82%
173.74%
4786.30%
466.05%
781.33%