Citizens Financial (CFG) financial statements
Citizens Financial reported revenue of $1.6B in fiscal 2025, down 12.2% a year over 9 years.
Net income was $1.8B.
The diluted share count fell 17% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Citizens Financial's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.3B | $5.7B | $1.1B | $1.2B | $1.1B | $1.3B | $1.3B | $1.3B | $1.5B | $1.6B |
| Interest expense | $508M | $747M | $1.2B | $1.6B | $771M | $339M | $1.0B | $4.0B | — | — |
| Pre-tax income | $1.5B | $1.9B | $2.2B | $2.3B | $1.3B | $3.0B | $2.7B | $2.0B | $1.9B | $2.3B |
| Income tax | $489M | $260M | $462M | $460M | $241M | $658M | $582M | $422M | $379M | $497M |
| Net income | $1.0B | $1.7B | $1.7B | $1.8B | $1.1B | $2.3B | $2.1B | $1.6B | $1.5B | $1.8B |
| EPS (diluted) | $1.97 | $3.25 | $3.52 | $3.81 | $2.22 | $5.16 | $4.10 | $3.13 | $3.03 | $3.86 |
| Diluted shares | 524M | 504M | 480M | 451M | 428M | 427M | 478M | 477M | 454M | 437M |
| Net margin | 19.9% | 28.9% | 153.8% | 152.8% | 97.9% | 175.0% | 159.6% | 127.0% | 98.4% | 112.0% |
Balance sheet
Fiscal years, from Citizens Financial's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $3.7B | $3.0B | $4.1B | $3.4B | $12.7B | $9.2B | $10.5B | $11.6B | $10.6B | $12.7B |
| Property, plant and equipment | $601M | $685M | $791M | $761M | $759M | $768M | $844M | $895M | $875M | $915M |
| Goodwill | $6.9B | $6.9B | $6.9B | $7.0B | $7.0B | $7.1B | $8.2B | $8.2B | $8.2B | $8.2B |
| Total assets | $149.5B | $152.3B | $160.5B | $165.7B | $183.3B | $188.4B | $226.7B | $222.0B | $217.5B | $226.4B |
| Total liabilities | $129.8B | $132.1B | $139.7B | $143.5B | $160.7B | $165.0B | $203.0B | $197.6B | $193.3B | $200.0B |
| Shareholders' equity | $19.7B | $20.3B | $20.8B | $22.2B | $22.7B | $23.4B | $23.7B | $24.3B | $24.3B | $26.3B |
| Net debt | -$3.7B | -$3.0B | -$4.1B | -$3.4B | -$12.7B | -$9.2B | -$10.5B | -$11.6B | -$10.6B | -$12.7B |
Cash flow
Fiscal years, from Citizens Financial's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.5B | $1.9B | $1.8B | $1.7B | $111M | $2.3B | $4.1B | $3.0B | $2.0B | $2.2B |
| Capital spending | $303M | $412M | $469M | $366M | — | — | — | — | — | — |
| Free cash flow | $1.2B | $1.5B | $1.3B | $1.3B | — | — | — | — | — | — |
| Stock-based compensation | $23M | $48M | $41M | $41M | $48M | $59M | $84M | $87M | $97M | $120M |
| Dividends paid | $241M | $322M | $471M | $617M | $672M | $670M | $779M | $808M | $769M | $755M |
| Share buybacks (net) | -$430M | -$820M | -$1.0B | -$1.2B | -$270M | -$295M | -$153M | -$906M | -$1.1B | -$600M |
| Net borrowing | $3.5B | -$2.3B | $2.8B | -$3.1B | -$5.7B | -$1.5B | $4.8B | -$1.9B | -$1.6B | -$1.2B |
| Free cash flow margin | 22.6% | 25.8% | 116.0% | 113.6% | — | — | — | — | — | — |
| Dividends per share | $0.46 | $0.64 | $0.98 | $1.37 | $1.57 | $1.57 | $1.63 | $1.70 | $1.70 | $1.73 |
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What was Citizens Financial's revenue in 2025?
$1.6B in fiscal 2025, from its 10-K filing.
From Citizens Financial's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.