Citizens Financial Group income statement
In fiscal 2025, Citizens Financial Group reported revenue of $8.25bn, up 5.6% on the year before and net income of $1.83bn, or $3.86 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4,894 | 4,690 | 4,979 | 4,824 | 5,255 | 5,707 | 6,128 | 6,491 | 6,905 | 6,647 | 8,021 | 8,224 | 7,809 | 8,247 | 8,930 |
| Interest expense | 619 | 443 | 363 | 452 | 508 | 747 | 1,226 | 1,575 | 771 | 339 | 1,048 | 3,963 | — | — | — |
| Net interest income | 3,227 | 3,058 | 3,301 | 3,402 | 3,758 | 4,173 | 4,532 | 4,614 | 4,586 | 4,512 | 6,012 | 6,241 | 5,633 | 5,853 | 6,405 |
| Non-interest income | 1,667 | 1,632 | 1,678 | 1,422 | 1,497 | 1,534 | 1,596 | 1,877 | 2,319 | 2,135 | 2,009 | 1,983 | 2,176 | 2,394 | 2,525 |
| Non-interest expense | 3,457 | 7,679 | 3,392 | 3,259 | 3,352 | 3,474 | 3,619 | 3,847 | 3,991 | 4,081 | 4,892 | 5,507 | 5,234 | 5,311 | 5,508 |
| Provision for credit losses | 413 | 479 | 319 | 302 | 369 | 321 | 326 | 393 | 1,616 | −411 | 394 | 724 | 709 | 566 | 498 |
| Income before tax | 1,024 | −3,468 | 1,268 | 1,263 | 1,534 | 1,912 | 2,183 | 2,251 | 1,298 | 2,977 | 2,655 | 2,030 | 1,888 | 2,328 | 2,886 |
| Income tax | 381 | −42 | 403 | 423 | 489 | 260 | 462 | 460 | 241 | 658 | 582 | 422 | 379 | 497 | 618 |
| Net income | 643 | −3,426 | 865 | 840 | 1,045 | 1,652 | 1,721 | 1,791 | 1,057 | 2,319 | 2,073 | 1,608 | 1,509 | 1,831 | 2,268 |
| Diluted EPS | $1.15 | −$6.12 | $1.55 | $1.55 | $1.97 | $3.25 | $3.52 | $3.81 | $2.22 | $5.16 | $4.10 | $3.13 | $3.03 | $3.86 | $5.29 |
| Diluted shares (average) | 560m | 560m | 558m | 538m | 524m | 504m | 480m | 451m | 428m | 427m | 478m | 477m | 454m | 437m | 429m |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,986 | 1,935 | 2,037 | 2,118 | 2,157 | 2,168 | 2,283 | 2,322 |
| Net interest income | 1,412 | 1,391 | 1,437 | 1,488 | 1,537 | 1,562 | 1,631 | 1,675 |
| Non-interest income | 574 | 544 | 600 | 630 | 620 | 606 | 652 | 647 |
| Non-interest expense | 1,316 | 1,314 | 1,319 | 1,335 | 1,343 | 1,378 | 1,394 | 1,393 |
| Provision for credit losses | 171 | 153 | 161 | 126 | 126 | 153 | 146 | 73 |
| Income before tax | 508 | 468 | 554 | 629 | 677 | 650 | 755 | 804 |
| Income tax | 107 | 95 | 118 | 135 | 149 | 133 | 168 | 168 |
| Net income | 401 | 373 | 436 | 494 | 528 | 517 | 587 | 636 |
| Diluted EPS | $0.83 | $0.77 | $0.92 | $1.05 | $1.12 | $1.13 | $1.30 | $1.41 |
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