Citizens Financial Group, Inc. (FRA:1C5)

Citizens Financial Group Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	7,591	8,025	8,591	6,092	4,348	4,827
Interest Income on Investments	2,088	2,161	1,613	968	503	530
Total Interest Income	9,679	10,186	10,204	7,060	4,851	5,357
Interest Paid on Deposits	3,296	3,825	3,145	651	160	509
Interest Paid on Borrowings	655	728	818	397	179	262
Total Interest Expense	3,951	4,553	3,963	1,048	339	771
Net Interest Income	5,728	5,633	6,241	6,012	4,512	4,586
Net Interest Income Growth (YoY)	0.33%	-9.74%	3.81%	33.25%	-1.61%	-0.61%
Trust Income	337	294	259	249	239	203
Mortgage Banking Activities	241	209	242	261	434	915
Gain (Loss) on Sale of Investments	18	18	28	9	10	4
Other Non-Interest Income	1,752	1,655	1,454	1,490	1,452	1,197
Total Non-Interest Income	2,348	2,176	1,983	2,009	2,135	2,319
Non-Interest Income Growth (YoY)	11.70%	9.73%	-1.29%	-5.90%	-7.93%	23.55%
Revenues Before Loan Losses	8,076	7,809	8,224	8,021	6,647	6,905
Provision for Loan Losses	633	687	687	474	-411	1,616
Revenue	7,443	7,122	7,537	7,547	7,058	5,289
Revenue Growth (YoY)	4.61%	-5.51%	-0.13%	6.93%	33.45%	-13.27%
Salaries and Employee Benefits	2,659	2,560	2,512	2,465	2,073	2,075
Occupancy Expenses	447	447	492	410	333	331
Selling, General & Administrative	1,690	1,675	1,717	1,598	1,375	1,266
Other Non-Interest Expense	488	552	786	419	300	319
Total Non-Interest Expense	5,284	5,234	5,507	4,892	4,081	3,991
EBT Excluding Unusual Items	2,159	1,888	2,030	2,655	2,977	1,298
Pretax Income	2,159	1,888	2,030	2,655	2,977	1,298
Income Tax Expense	455	379	422	582	658	241
Net Income	1,704	1,509	1,608	2,073	2,319	1,057
Preferred Dividends & Other Adjustments	138	137	117	113	113	107
Net Income to Common	1,566	1,372	1,491	1,960	2,206	950
Net Income Growth	31.38%	-6.16%	-22.43%	-10.61%	119.40%	-40.98%
Basic Shares Outstanding	436	451	475	476	426	427
Diluted Shares Outstanding	440	454	477	478	427	428
Shares Change (YoY)	-4.28%	-4.86%	-0.23%	11.78%	-0.17%	-5.11%
EPS (Basic)	3.59	3.04	3.14	4.12	5.18	2.22
EPS (Diluted)	3.57	3.03	3.13	4.10	5.16	2.22
EPS Growth	41.06%	-3.19%	-23.66%	-20.54%	132.43%	-41.73%
Dividend Per Share	1.680	1.680	1.680	1.620	1.560	1.560
Dividend Growth	-	-	3.70%	3.85%	-	14.71%
Effective Tax Rate	21.07%	20.07%	20.79%	21.92%	22.10%	18.57%

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