Citizens Financial Group Inc/Ri
CFG · NYSEState Commercial Banks · Fiscal year ends Dec 31
Citizens Financial Group Inc/Ri reported revenue of $1.6B in the fiscal year ended Dec 2025, up 6.7% from the year before. Net income was $1.8B. It held more cash than debt (net cash $1.4B).
Last 5 fiscal years
Revenue and net income
Income statement
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.3B | $1.5B | $1.6B |
| Net interest incomeBanks | $4.5B | $6B | $6.2B | $5.6B | $5.9B |
| Interest expense | $339M | $1B | $4B | – | – |
| Pre-tax income | $3B | $2.7B | $2B | $1.9B | $2.3B |
| Income tax | $658M | $582M | $422M | $379M | $497M |
| Net income | $2.3B | $2.1B | $1.6B | $1.5B | $1.8B |
| Diluted EPS | 5.16 | 4.10 | 3.13 | 3.03 | 3.86 |
| Diluted shares | 427M | 478M | 477M | 454M | 437M |
Balance sheet
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Cash & equivalents | $9.2B | $10.5B | $11.6B | $10.6B | $12.7B |
| Net PP&E | $768M | $844M | $895M | $875M | $915M |
| Goodwill | $7.1B | $8.2B | $8.2B | $8.2B | $8.2B |
| Total assets | $188B | $227B | $222B | $218B | $226B |
| Short-term debt | $74M | $3M | $505M | $0 | $58M |
| Long-term debt | $6.9B | $15.9B | $13.5B | $12.4B | $11.2B |
| DepositsBanks | $154B | $181B | $177B | $175B | $183B |
| Total liabilities | $165B | $203B | $198B | $193B | $200B |
| Shareholders' equity | $23.4B | $23.7B | $24.3B | $24.3B | $26.3B |
Cash flow
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating cash flow | $2.3B | $4.1B | $3B | $2B | $2.2B |
| Depreciation & amortisation | $625M | $565M | $478M | $498M | $478M |
| Stock-based compensation | $59M | $84M | $87M | $97M | $120M |
| Acquisitions | $165M | $255M | $0 | $0 | – |
| Share buybacks | $295M | $153M | $906M | $1.1B | $600M |
| Dividends paid | $670M | $779M | $808M | $769M | $755M |
| Dividend per share | 1.56 | 1.62 | 1.68 | 1.68 | 1.72 |
Key ratios
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue growth (YoY) | – | −2.0% | −2.5% | 21.1% | 6.7% |
| EPS growth (YoY) | – | −20.5% | −23.7% | −3.2% | 27.4% |
| Net margin | 175.0% | 159.6% | 127.0% | 98.4% | 112.0% |
| Return on equityBlank when equity is negative | 9.9% | 8.8% | 6.6% | 6.2% | 7.0% |
| Cash conversion (CFO ÷ net income) | 0.98x | 1.99x | 1.84x | 1.33x | 1.21x |
| Debt ÷ equity | 0.30x | 0.67x | 0.57x | 0.51x | 0.43x |
| Net debtDebt − cash & equivalents; excludes investments; negative = net cash | −$2.2B | $5.3B | $2.3B | $1.8B | −$1.4B |
Recent filings
More in State Commercial Banks
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.