Citizens Financial Group, Inc. (CFG)

Citizens Financial Group Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	10,915	11,628	10,547	9,158	12,733	1,286
Investment Securities	9,016	9,799	9,440	4,680	3,303	2,129
Trading Asset Securities	586	440	842	1,216	1,915	807
Mortgage-Backed Securities	36,219	33,428	28,566	26,352	25,270	23,739
Total Investments	45,821	43,667	38,848	32,248	30,488	26,675
Gross Loans	141,632	146,080	156,794	128,299	123,256	119,313
Allowance for Loan Losses	-2,079	-2,098	-1,983	-1,758	-2,443	-1,252
Other Adjustments to Gross Loans	-	-121	-132	-136	-166	-225
Net Loans	139,553	143,861	154,679	126,405	120,647	117,836
Property, Plant & Equipment	862	1,780	1,863	1,534	1,559	1,460
Goodwill	8,187	8,188	8,173	7,116	7,050	7,044
Other Intangible Assets	137	1,057	1,097	864	958	968
Loans Held for Sale	663	779	982	3,468	4,003	3,330
Accrued Interest Receivable	979	1,000	927	506	504	553
Restricted Cash	-	-	-	-	-	2,100
Other Long-Term Assets	12,589	10,004	9,617	7,110	5,407	4,481
Total Assets	219,706	221,964	226,733	188,409	183,349	165,733
Interest Bearing Deposits	139,210	134,562	131,441	104,918	103,333	96,080
Institutional Deposits	-	5,673	-	-	-	-
Non-Interest Bearing Deposits	35,978	37,107	49,283	49,443	43,831	29,233
Total Deposits	175,188	177,342	180,724	154,361	147,164	125,313
Short-Term Borrowings	1,027	2,067	1,912	271	371	394
Current Portion of Long-Term Debt	17	107	747	1,921	1,353	2,500
Current Portion of Leases	-	210	-	-	-	-
Long-Term Debt	13,374	9,574	6,621	4,992	6,974	6,539
Federal Home Loan Bank Debt, Long-Term	553	3,786	8,519	19	19	5,008
Long-Term Leases	-	767	1,066	800	-	721
Long-Term Deferred Tax Liabilities	-	-	-	-	629	866
Other Long-Term Liabilities	4,615	3,769	3,454	2,625	4,166	2,191
Total Liabilities	194,774	197,622	203,043	164,989	160,676	143,532
Preferred Stock, Redeemable	2,112	2,014	2,014	2,014	1,965	1,570
Common Stock	6	6	6	6	6	6
Additional Paid-In Capital	22,327	22,250	22,142	19,005	18,940	18,891
Retained Earnings	10,233	9,816	9,159	7,978	6,445	6,498
Treasury Stock	-6,820	-5,986	-5,071	-4,918	-4,623	-4,353
Comprehensive Income & Other	-2,926	-3,758	-4,560	-665	-60	-411
Total Common Equity	22,820	22,328	21,676	21,406	20,708	20,631
Shareholders' Equity	24,932	24,342	23,690	23,420	22,673	22,201
Total Liabilities & Equity	219,706	221,964	226,733	188,409	183,349	165,733
Total Debt	14,971	16,511	18,865	8,003	8,717	15,162
Net Cash (Debt)	-2,822	-4,038	-7,173	2,687	6,237	-12,772
Net Cash Growth	-	-	-	-56.92%	-	-
Net Cash Per Share	-6.14	-8.47	-15.01	6.29	14.57	-28.31
Filing Date Shares Outstanding	440.7	458.76	484.11	422.14	425.11	427.43
Total Common Shares Outstanding	445.22	466.42	492.28	422.14	427.21	433.12
Book Value Per Share	51.26	47.87	44.03	50.71	48.47	47.63
Tangible Book Value	14,496	13,083	12,406	13,426	12,700	12,619
Tangible Book Value Per Share	32.56	28.05	25.20	31.80	29.73	29.14

Source: S&P Capital IQ. Banks template. Financial Sources.