Citizens Financial Group, Inc. (CFG) Financial Statements
Citizens Financial financial statements at a glance
Citizens Financial reported revenue of $6.65 billion for fiscal year 2021 (ended December 31, 2021). Net income was $2.21 billion, a net margin of 33.2%, and diluted earnings per share were $5.16.
At the end of fiscal year 2021 it had total assets of $188.41 billion, total liabilities of $164.99 billion and shareholders' equity of $23.42 billion, with cash of $9.47 billion and total debt of $7.01 billion.
Its operations brought in $2.28 billion of cash; capital spending was $124.00 million, leaving free cash flow of $2.15 billion.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2021.
Citizens Financial Group, Inc.
Income Statement
Annual • USD
Citizens Financial key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | – | – | – | – | $6.6B |
| Net income | $1.8B | $1.5B | $1.6B | $2.1B | $2.2B |
| Diluted EPS | – | – | – | – | $5.16 |
| Total assets | $226.4B | $217.5B | $222.0B | $226.7B | $188.4B |
| Total liabilities | $200.0B | $193.3B | $197.6B | $203.0B | $165.0B |
| Shareholders' equity | $26.3B | $24.3B | $24.3B | $23.7B | $23.4B |
| Cash | – | – | – | – | $9.5B |
| Total debt | $9.3B | $12.3B | $10.2B | $7.4B | $7.0B |
| Operating cash flow | $2.2B | $2.0B | $3.0B | $4.1B | $2.3B |
| Capital spending | – | – | – | – | $124.0M |
| Free cash flow | – | – | – | – | $2.2B |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was Citizens Financial's revenue in fiscal year 2021?
$6.65 billion.
How much profit does Citizens Financial make?
Citizens Financial reported net income of $2.21 billion for fiscal year 2021 (33.2% of revenue).
How much cash and debt does Citizens Financial have?
At the end of fiscal year 2021: cash of $9.47 billion and total debt of $7.01 billion.
What is Citizens Financial's free cash flow?
$2.15 billion in fiscal year 2021 (operating cash flow of $2.28 billion minus capital spending of $124.00 million).
