Citizens Financial Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	7,583	8,025	8,591	6,092	4,348
Interest Income on Investments	2,080	2,161	1,613	968	503
Total Interest Income	9,663	10,186	10,204	7,060	4,851
Interest Paid on Deposits	3,194	3,825	3,145	651	160
Interest Paid on Borrowings	616	728	818	397	179
Total Interest Expense	3,810	4,553	3,963	1,048	339
Net Interest Income	5,853	5,633	6,241	6,012	4,512
Net Interest Income Growth (YoY)	3.91%	-9.74%	3.81%	33.25%	-1.61%
Trust Income	360	294	259	249	239
Mortgage Banking Activities	233	209	242	261	434
Gain (Loss) on Sale of Investments	22	18	28	9	10
Other Non-Interest Income	1,779	1,655	1,454	1,490	1,452
Total Non-Interest Income	2,394	2,176	1,983	2,009	2,135
Non-Interest Income Growth (YoY)	10.02%	9.73%	-1.29%	-5.90%	-7.93%
Revenues Before Loan Losses	8,247	7,809	8,224	8,021	6,647
Provision for Loan Losses	608	687	687	474	-411
Revenue	7,639	7,122	7,537	7,547	7,058
Revenue Growth (YoY)	7.26%	-5.51%	-0.13%	6.93%	33.45%
Salaries and Employee Benefits	2,678	2,560	2,512	2,465	2,073
Occupancy Expenses	435	447	492	410	333
Selling, General & Administrative	1,706	1,675	1,717	1,598	1,375
Other Non-Interest Expense	518	521	561	419	300
Total Non-Interest Expense	5,337	5,203	5,282	4,892	4,081
EBT Excluding Unusual Items	2,302	1,919	2,255	2,655	2,977
Other Unusual Items	26	-31	-225	-	-
Pretax Income	2,328	1,888	2,030	2,655	2,977
Income Tax Expense	497	379	422	582	658
Net Income	1,831	1,509	1,608	2,073	2,319
Preferred Dividends & Other Adjustments	143	137	117	113	113
Net Income to Common	1,688	1,372	1,491	1,960	2,206
Net Income Growth	21.34%	-6.16%	-22.43%	-10.61%	119.40%
Basic Shares Outstanding	433	451	475	476	426
Diluted Shares Outstanding	437	454	477	478	427
Shares Change (YoY)	-3.67%	-4.86%	-0.23%	11.78%	-0.17%
EPS (Basic)	3.90	3.04	3.14	4.12	5.18
EPS (Diluted)	3.86	3.03	3.13	4.10	5.16
EPS Growth	27.39%	-3.19%	-23.66%	-20.54%	132.43%
Dividend Per Share	1.720	1.680	1.680	1.620	1.560
Dividend Growth	2.38%	-	3.70%	3.85%	-
Effective Tax Rate	21.35%	20.07%	20.79%	21.92%	22.10%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.