For the year ending 2025-12-31, CFG-PE made $21,782M in revenue. $1,831M in net income. Net profit margin of 8.41%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Interest and fees on loans and leases | 7,478 | 7,948 | 8,489 | 5,968 |
| Interest and fees on loans held for sale | 105 | 77 | 73 | 67 |
| Interest and fees on other loans held for sale | - | - | 29 | 57 |
| Investment securities | 1,713 | 1,658 | 1,162 | 840 |
| Interest-bearing deposits in banks | 367 | 503 | 451 | 128 |
| Total interest income | 9,663 | 10,186 | 10,204 | 7,060 |
| Deposits | 3,194 | 3,825 | 3,145 | 651 |
| Short-term borrowed funds | 22 | 15 | 43 | 23 |
| Long-term borrowed funds | 594 | 713 | 775 | 374 |
| Total interest expense | 3,810 | 4,553 | 3,963 | 1,048 |
| Net interest income | 5,853 | 5,633 | 6,241 | 6,012 |
| Provision (benefit) for credit losses | 608 | 687 | 687 | 474 |
| Net interest income after provision (benefit) for credit losses | 5,245 | 4,946 | 5,554 | 5,538 |
| Service charges and fees | 444 | 420 | 410 | 420 |
| Capital markets fees | 511 | 467 | 319 | 368 |
| Wealth fees | 360 | 294 | - | - |
| Card fees | 346 | 368 | 296 | 273 |
| Trust and investment services fees | - | - | 259 | 249 |
| Mortgage banking fees | 233 | 209 | 242 | 261 |
| Foreign exchange and derivative products | 156 | 146 | 183 | 188 |
| Letter of credit and loan fees | 186 | 175 | 168 | 159 |
| Securities gains, net | 22 | 18 | 28 | 9 |
| Other income | 136 | 79 | 78 | 82 |
| Total noninterest income | 2,394 | 2,176 | 1,983 | 2,009 |
| Salaries and employee benefits | 2,798 | 2,657 | 2,599 | 2,549 |
| Equipment and software | 783 | 769 | 756 | 648 |
| Outside services | 633 | 639 | 687 | 700 |
| Occupancy | 435 | 447 | 492 | 410 |
| Other operating expense | 662 | 722 | 973 | 585 |
| Total noninterest expense | 5,311 | 5,234 | 5,507 | 4,892 |
| Income before income tax expense | 2,328 | 1,888 | 2,030 | 2,655 |
| U.s. federal income tax expense | 489 | 396 | 426 | 558 |
| State and local income taxes, net of federal income tax effect | 82 | 46 | 58 | 133 |
| Tax-exempt interest | - | 12 | 12 | 8 |
| Low income housing tax-advantaged investments | 56 | - | - | - |
| Tax advantaged investments (including related credits) | - | 82 | 77 | 102 |
| Renewable energy tax-advantaged investments | 19 | - | - | - |
| Other | 2 | 2 | 3 | 9 |
| Changes in valuation allowances | 1 | - | - | - |
| Fdic insurance premiums | 32 | - | - | - |
| Adjustments for uncertain tax positions | - | 0 | 5 | 1 |
| Bank-owned life insurance | 24 | 22 | 20 | 19 |
| Non-deductible fdic insurance premiums | - | 34 | 35 | 20 |
| Other | -3 | - | - | - |
| Legacy tax matters | - | 0 | 0 | -3 |
| Changes in unrecognized tax benefits | 0 | - | - | - |
| Other | - | 21 | 10 | 5 |
| Other adjustments | -3 | - | - | - |
| Income tax expense | 497 | 379 | 422 | 582 |
| Net income | 1,831 | 1,509 | 1,608 | 2,073 |
| Basic (in shares) | 433,173,162 | 450,678,038 | 475,089,384 | 475,959,815 |
| Basic earnings (in dollars per share) | 3.9 | 3.05 | 3.14 | 4.12 |
| Diluted (in shares) | 436,890,731 | 453,510,245 | 476,693,148 | 477,803,142 |
| Diluted earnings (in dollars per share) | 3.86 | 3.03 | 3.13 | 4.1 |
CITIZENS FINANCIAL GROUP INC RI (CFG-PE)
CITIZENS FINANCIAL GROUP INC RI (CFG-PE)