Citizens Financial Group Inc

Common Name
Citizens Financial Group
Country
United States
Sector
Financial Services
Industry
Banks - Regional
Employees
17,677
Ticker
CFG
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Citizens Financial Group, Inc. is a regional bank holding company providing a wide array of retail and commercial banking services. Primarily operating in the northeastern United States, Citizens Fina...

Financial Statements of Citizens Financial Group

Below are the financial statements of Citizens Financial Group, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

All figures in millions of USD202420232022
Interest income
Interest and fees on loans and leases
7,948a
8,489a
5,968a
Interest and fees on loans held for sale
77a
102a
124a
Investment securities
1,658a
1,162a
840a
Interest-bearing deposits in banks
503a
451a
128a
Total interest income
10,186a
10,204a
7,060a
Interest expense
Deposits
-3,825a
-3,145a
-651a
Short-term borrowed funds
-15a
-43a
-23a
Long-term borrowed funds
-713a
-775a
-374a
Total interest expense
-4,553a
-3,963a
-1,048a
Net interest income
5,633a
6,241a
6,012a
Provision (benefit) for credit losses
-687a
-687a
-474a
Net interest income after provision (benefit) for credit losses
4,946a
5,554a
5,538a
Noninterest income
Service charges and fees
420a
410a
420a
Capital markets fees
467a
319a
368a
Card fees
368a
296a
273a
Wealth fees
294a
259a
249a
Mortgage banking fees
209a
242a
261a
Foreign exchange and derivative products
146a
183a
188a
Letter of credit and loan fees
175a
168a
159a
Securities gains, net
18a
28a
9a
Other income
79a
78a
82a
Total noninterest income
2,176a
1,983a
2,009a
Noninterest expense
Salaries and employee benefits
-2,657a
-2,599a
-2,549a
Equipment and software
-769a
-756a
-648a
Outside services
-639a
-687a
-700a
Occupancy
-447a
-492a
-410a
Other operating expense
-722a
-973a
-585a
Total noninterest expense
-5,234a
-5,507a
-4,892a
Income before income tax expense
1,888a
2,030a
2,655a
Income tax expense
-379a
-422a
-582a
Net income
1,509a
1,608a
2,073a
Net income available to common stockholders
1,372a
1,491a
1,960a

Verified Sources Behind Citizens Financial Group’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Citizens Financial Group’s data sources below and access millions more through our Disclosure Search.

a. Citizens Financial Group's 10-K 2024
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