← CITIZENS FINANCIAL GROUP INC/RI

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Available to Common Stockholders, Basic $1.0b
$1.6b +58.87%
$1.7b +3.30%
$1.7b +1.54%
$950.0m -44.70%
$2.2b +132.21%
$2.0b -11.15%
$1.5b -23.93%
$1.4b -7.98%
$1.7b +23.03%
—
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $1.0b $1.7b $1.7b $1.8b $1.1b $2.3b $2.1b $1.6b $1.5b $1.8b —
Depreciation, Amortization and Accretion, Net $523.0m $487.0m $489.0m $633.0m $567.0m $625.0m $565.0m $478.0m $498.0m $478.0m $443.0m
Amortization of Intangible Assets — $0 $3.0m $11.0m $11.0m $11.0m $41.0m $42.0m $35.0m $33.0m —
Capitalized Computer Software, Amortization $170.0m $180.0m $189.0m $194.0m $215.0m $235.0m $243.0m $254.0m $268.0m $271.0m —
Depreciation $130.0m $124.0m $117.0m $116.0m $110.0m $98.0m $107.0m $115.0m $132.0m $130.0m $478.0m
Depreciation Amortization Depletion — — — — — — $565.0m $478.0m $498.0m $478.0m $443.0m
Deferred Income Tax Expense (Benefit) $153.0m ($136.0m) $97.0m $64.0m ($238.0m) ($429.0m) $57.0m ($242.0m) ($177.0m) ($82.0m) $27.0m
Deferred Tax — — — — — — $57.0m ($242.0m) ($177.0m) ($82.0m) $27.0m
Payment, Tax Withholding, Share-based Payment Arrangement — $20.0m $13.0m $21.0m $16.0m $22.0m $25.0m — — — —
Share-based Payment Arrangement, Expense $23.0m $48.0m $41.0m $41.0m $48.0m $59.0m $84.0m $87.0m $97.0m $120.0m $128.0m
Goodwill, Impairment Loss $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 —
Changes in operating assets and liabilities:
Change In Working Capital — — — — — — ($858.0m) $273.0m ($571.0m) ($306.0m) ($400.0m)
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal — — — — — — $394.0m $724.0m $709.0m $566.0m —
Increase (Decrease) in Other Operating Assets $274.0m $502.0m $1.2b $856.0m $4.0b $1.7b $1.9b ($612.0m) $261.0m ($89.0m) —
Increase (Decrease) in Other Operating Liabilities ($59.0m) ($119.0m) $303.0m $331.0m $1.0b $757.0m $1.0b ($339.0m) ($310.0m) ($395.0m) —
Change In Other Current Assets — — — — — — ($1.9b) $612.0m ($261.0m) $89.0m ($772.0m)
Change In Other Current Liabilities — — — — — — $1.0b ($339.0m) ($310.0m) ($395.0m) $372.0m
Net Cash Provided by (Used in) Operating Activities $1.5b
$1.9b +26.38%
$1.8b -6.16%
$1.7b -3.96%
$111.0m -93.46%
$2.3b +1949.55%
$4.1b +81.05%
$3.0b -28.11%
$2.0b -32.42%
$2.2b +10.49%
$2.5b +13.12%
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment — — — $126.0m — — ($126.0m) ($172.0m) ($122.0m) ($174.0m) ($148.0m)
Equipment Expense $263.0m $263.0m $275.0m $514.0m $565.0m $610.0m $648.0m $756.0m $769.0m $783.0m —
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property $2.0m $0 $0 $6.0m $0 — — — — — ($23.0m)
Capital Expenditure Reported — — — — — — ($126.0m) ($172.0m) ($122.0m) ($174.0m) ($148.0m)
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale $3.8b $3.5b $3.3b $3.9b $6.9b $7.8b $3.4b $2.0b $3.3b $4.0b —
Debt Securities, Available-for-sale, Realized Gain (Loss) — $11.0m $19.0m $25.0m $4.0m $10.0m $9.0m $28.0m $18.0m $22.0m —
Debt Securities, Realized Gain (Loss) — $11.0m $19.0m $19.0m $4.0m $10.0m $9.0m $28.0m $18.0m $22.0m —
Gain (Loss) on Sale of Investments $16.0m — — — — — — — — — —
Payments to Acquire Businesses, Net of Cash Acquired — $0 $533.0m $129.0m $3.0m $165.0m $255.0m $0 $0 — $0
Payments for (Proceeds from) Other Investing Activities — — — — $65.0m $316.0m $771.0m $61.0m $93.0m $347.0m —
Net Other Investing Changes — — — — — — ($871.0m) ($61.0m) ($93.0m) ($347.0m) ($481.0m)
Net Cash Provided by (Used in) Investing Activities ($11.3b) ($4.0b) ($7.1b) ($3.9b) ($6.1b) ($10.5b) ($12.6b) $5.2b $3.0b ($6.0b) ($10.7b)
Cash flows from financing activities:
Repayments of Long-term Debt $8.4b $12.8b $14.8b $14.9b $14.0b $1.4b $19.7b $28.4b $14.3b $9.7b ($10.5b)
Gain (Loss) on Extinguishment of Debt $0 — — — — — — — — — —
Proceeds from Issuance of Long-term Debt $15.1b $15.4b $22.5b $12.8b $8.3b $0 $24.6b $26.0b $13.2b $8.5b $13.1b
Issuance Of Debt — — — — — — $24.6b $26.0b $13.2b $8.5b $13.1b
Long Term Debt Issuance — — — — — — $24.6b $26.0b $13.2b $8.5b $13.1b
Long Term Debt Payments — — — — — — ($19.7b) ($28.4b) ($14.3b) ($9.7b) ($10.5b)
Net Issuance Payments Of Debt — — — — — — $4.8b ($1.9b) ($1.6b) ($1.2b) $3.5b
Net Long Term Debt Issuance — — — — — — $4.9b ($2.4b) ($1.1b) ($1.2b) $2.6b
Net Short Term Debt Issuance — — — — — — ($95.0m) $502.0m ($505.0m) $58.0m $910.0m
Repayment Of Debt — — — — — — ($19.7b) ($28.4b) ($14.3b) ($9.7b) ($10.5b)
Short Term Debt Payments — — — — — ($154.0m) ($95.0m) — — — ($95.0m)
Payments for Repurchase of Common Stock $430.0m $820.0m $1.0b $1.2b $270.0m $295.0m $153.0m $906.0m $1.1b $600.0m —
Payments of Ordinary Dividends, Common Stock $241.0m $322.0m $471.0m $617.0m $672.0m $670.0m $779.0m $808.0m $769.0m $755.0m ($917.0m)
Common Stock Dividend Paid — — — — — — ($779.0m) ($808.0m) ($769.0m) ($755.0m) ($780.0m)
Common Stock Payments — — — — — — ($153.0m) ($906.0m) ($1.1b) ($600.0m) ($725.0m)
Issuance Of Capital Stock — — — — — — $0 $0 $392.0m $393.0m $1.0m
Net Common Stock Issuance — — — — — — ($153.0m) ($906.0m) ($1.1b) ($600.0m) ($725.0m)
Repurchase Of Capital Stock — — — — — — ($153.0m) ($906.0m) ($1.4b) ($1.0b) ($1.1b)
Cash Dividends Paid — — — — — — ($892.0m) ($928.0m) ($903.0m) ($888.0m) ($917.0m)
Preferred Stock Dividend Paid — — — — — — ($113.0m) ($120.0m) ($134.0m) ($133.0m) ($137.0m)
Proceeds from (Payments for) Other Financing Activities — — — — — — — $21.0m $18.0m ($8.0m) —
Net Other Financing Charges — — — — — — ($25.0m) $21.0m $18.0m ($8.0m) ($27.0m)
Net Cash Provided by (Used in) Financing Activities $10.5b
$1.4b -86.33%
$6.4b +344.51%
$1.5b -76.54%
$15.4b +931.68%
$4.6b -69.84%
$9.9b +113.70%
($7.1b) -171.95%
($6.0b) +15.61%
$5.9b +197.79%
$12.4b +110.90%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — — ($688.0m) $9.3b ($3.6b) $1.4b $1.1b ($1.0b) $2.1b $12.8b
Beginning Cash Position — — — — — — $9.2b $10.5b $11.6b $10.6b $8.5b
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — $3.4b $12.7b $9.2b $10.5b $11.6b $10.6b $12.7b $12.8b
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Provision for Loan, Lease, and Other Losses $369.0m $321.0m $326.0m $393.0m $1.6b — — — — — $565.0m
Bank Owned Life Insurance Income $54.0m $54.0m $56.0m $55.0m $57.0m — $88.0m $93.0m $108.0m $115.0m —
Parent Company $241.0m $322.0m $471.0m $617.0m $672.0m $670.0m $779.0m $808.0m $769.0m $755.0m —
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities — $716.0m $1.2b $1.6b $837.0m $347.0m $989.0m $3.6b $4.4b $4.0b —
Income Taxes Paid, Net — — — — — $1.2b $183.0m $375.0m $208.0m $151.0m —
Additional Financial Items
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement — — — — — ($15.0m) $0 $0 ($3.0m) $3.0m —
Derivative, Gain (Loss) on Derivative, Net $65.0m $66.0m $205.0m $263.0m $443.0m ($72.0m) $112.0m $153.0m $71.0m ($11.0m) —
Equity Securities, FV-NI, Realized Gain (Loss) — $1.0m $0 $0 — — — — — — —
Gain (Loss) on Disposition of Assets $0 — — — — $11.0m $9.0m $28.0m $18.0m $24.0m —
Gain (Loss) on Sale of Derivatives $3.0m — — — — — — — — — —
Goodwill $6.9b $6.9b $6.9b $7.0b $7.0b $7.1b $8.2b $8.2b $8.2b $8.2b —
Income Tax Expense (Benefit) $489.0m $260.0m $462.0m $460.0m $241.0m $658.0m $582.0m $422.0m $379.0m $497.0m —
Operating Lease, Lease Income — — — — — — — — — $16.0m —
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax $36.0m $16.0m ($33.0m) — — — — — — — —
Financing Receivable, Credit Loss, Expense (Reversal) — — — — — ($411.0m) — — — — —
Restructuring Costs $0 — — — — — — — — — —
Revenue from Contract with Customer, Including Assessed Tax — — $1.1b — — — — — — — —
Cash Flow From Continuing Financing Activities — — — — — — $9.9b ($7.1b) ($6.0b) $5.9b $12.4b
Cash Flow From Continuing Investing Activities — — — — — — ($12.6b) $5.2b $3.0b ($6.0b) ($10.7b)
Change In Cash Supplemental As Reported — — — — — — $1.4b $1.1b ($1.0b) $2.1b —
Changes In Cash — — — — — — $1.4b $1.1b ($1.0b) $2.1b $4.2b
End Cash Position — — — — — — $10.5b $11.6b $10.6b $12.7b $12.8b
Financing Cash Flow — — — — — — $9.9b
($7.1b) -171.95%
($6.0b) +15.61%
$5.9b +197.79%
$12.4b +110.90%
Free Cash Flow — — — — — — $4.0b $2.8b $1.9b $2.0b $2.4b
Investing Cash Flow — — — — — — ($12.6b) $5.2b $3.0b ($6.0b) ($10.7b)
Net Business Purchase And Sale — — — — — ($165.0m) ($255.0m) $0 $0 — $0
Net Investment Purchase And Sale — — — — — — ($5.1b) ($4.4b) ($2.2b) ($898.0m) ($1.8b)
Net Preferred Stock Issuance — — — — — — $0 $0 $92.0m ($7.0m) ($299.0m)
Operating Gains Losses — — — — — — ($9.0m) ($28.0m) ($18.0m) ($24.0m) ($23.0m)
Other Non Cash Items — — — — — — $1.7b $98.0m ($24.0m) ($414.0m) —
Preferred Stock Issuance — — — — — — $0 $0 $392.0m $393.0m $1.0m
Preferred Stock Payments — — — — — — $0 $0 ($300.0m) ($400.0m) ($400.0m)
Purchase Of Business — — — — — ($165.0m) ($255.0m) $0 $0 — $0
Purchase Of Investment — — — — — — ($10.8b) ($10.1b) ($9.8b) ($9.5b) ($11.0b)
Sale Of Investment — — — — — — $5.6b $5.7b $7.6b $8.6b $9.2b
Stock Based Compensation — — — — — — $84.0m $87.0m $97.0m $120.0m $128.0m

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.