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Citizens Financial Group (Citizens Financial Group) Pre-Tax Income : $1,796 Mil (TTM As of Dec. 2023)


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What is Citizens Financial Group Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Citizens Financial Group's pretax income for the three months ended in Dec. 2023 was $205 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $1,796 Mil. Citizens Financial Group's pretax margin was 10.31%.

During the past 13 years, Citizens Financial Group's highest Pretax Margin was 44.79%. The lowest was 18.80%. And the median was 31.08%.


Citizens Financial Group Pre-Tax Income Historical Data

The historical data trend for Citizens Financial Group's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Citizens Financial Group Pre-Tax Income Chart

Citizens Financial Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,251.00 1,298.00 2,977.00 2,655.00 2,030.00

Citizens Financial Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 664.00 612.00 549.00 205.00 430.00

Competitive Comparison of Citizens Financial Group's Pre-Tax Income

For the Banks - Regional subindustry, Citizens Financial Group's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Citizens Financial Group's Pre-Tax Income Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Citizens Financial Group's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Citizens Financial Group's Pre-Tax Income falls into.



Citizens Financial Group Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Citizens Financial Group's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+2030
=2,030

Citizens Financial Group's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+205
=205

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,796 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Citizens Financial Group  (NYSE:CFG) Pre-Tax Income Explanation

Citizens Financial Group's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=205/1988
=10.31%

During the past 13 years, Citizens Financial Group's highest Pretax Margin was 44.79%. The lowest was 18.80%. And the median was 31.08%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Citizens Financial Group Pre-Tax Income Related Terms

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Citizens Financial Group (Citizens Financial Group) Business Description

Address
One Citizens Plaza, Providence, RI, USA, RI 02903
Citizens Financial Group is a bank holding company headquartered in Providence, Rhode Island. Its two primary business segments are consumer banking and commercial banking. Citizens offers a mix of retail and commercial products including capital markets and wealth options. The bank has over 1,000 branches in 14 states, although it is primarily concentrated in the Northeast. It has over $220 billion of total assets.
Executives
Terrance J. Lillis director C/O CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., STAMFORD CT 06901
Shivan S. Subramaniam director CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., CS119N, STAMFORD CT 06901
Kevin Cummings director 101 JFK PARKWAY, SHORT HILLS NJ 07078
Michele N Siekerka director 101 JFK PARKWAY, SHORT HILLS NJ 07078
Polly N. Klane officer: General Counsel C/O CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., STAMFORD CT 06901
Michael Ruttledge officer: Chief Information Officer CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., STAMFORD CT 06901
Lee Alexander director CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD. 11TH FLOOR, STAMFORD CT 06901
Christopher Swift director HARBORSIDE FINANCIAL CENTER, 3200 PLAZA 5, JERSEY CITY NJ 07311
Brendan Coughlin officer: Head of Consumer Banking CITIZENS FINANCIAL GROUP, INC, 600 WASHINGTON BLVD. 11TH FLOOR, STAMFORD CT 06901
William P Hankowsky director C/O LIBERTY PROPERTY TRUST, 65 VALLEY STREAM PARKWAY, MALVERN PA 19355
Robert G Leary director CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD,, STAMFORD CT 06901
Charles John Koch director CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., CS119N, STAMFORD CT 06901
Higdon Leo I Jr director 1700 LINCOLN STREET, 28TH FLOOR, DENVER CO 80203
Elizabeth S. Johnson officer: Chief Experience Officer CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., STAMFORD CT 06901
Susan Lamonica officer: Chief Human Resources Officer CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD. 11TH FLOOR, STAMFORD CT 06901