Income StatementBalance SheetCash FlowSegments
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Citizens Financial Group Cash Flow Statement

Operating, investing, and financing cash movements

Citizens Financial Group generated $2.8B in operating cash flow over the trailing twelve months. After $160.0M in capital expenditures, free cash flow was $2.5B. Free cash flow increased 0.3% year-over-year. Based on the Q1 2026 filing.

Net Cash From Operating (TTM)$2.8BNet Cash From Investing (TTM)-$6.7BNet Cash From Financing (TTM)$4.8BCapital Expenditures (TTM)$160.0MDepreciation And Amortization Cf (TTM)$468.0MNet Change In Cash (TTM)$789.0M
Latest FilingQ1 2026
Report Date2026-05-04
Market Cap$25.9B
P/E Ratio13.10
ROE7.74%

Investing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Sales of short-term available-for-sale investments$1.5B$642.0M$475.0M$101.0M$2.6B$547.0M
Payments to Acquire Finance Receivables$138.0M$188.0M$315.0M$139.0M$38.0M$49.0M
Capital expenditures$48.0M$14.0M$33.0M$35.0M$92.0M$0.0
Payments to acquire finance receivables$138.0M$188.0M$315.0M$139.0M$38.0M$49.0M
Payments to Acquire Finance Receivables$138.0M$188.0M$315.0M$139.0M$38.0M$49.0M
Payments For Proceeds From Loans And Leases-$2.2B$319.0M$1.5B$1.7B$2.0B$1.1B
Payment for (Proceeds from) Other Investing Activity$64.0M$50.0M$130.0M$3.0M$164.0M$97.0M
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-Sale$1.2B$846.0M$963.0M$961.0M$1.2B$1.1B
Change in interest-bearing deposits with banks$0.0-$50.0M$5.0M-$14.0M-$267.0M$131.0M
Sale of investments$1.5B$642.0M$475.0M$101.0M$2.6B$547.0M
Proceeds from Sale of Finance Receivables$21.0M$240.0M$671.0M$517.0M$463.0M$31.0M
Net change in interest-bearing deposits in banks$0.0-$50.0M$5.0M-$14.0M-$267.0M$131.0M
Proceeds from sale of finance receivables$21.0M$240.0M$671.0M$517.0M$463.0M$31.0M
Net cash from investing activities$1.6B-$1.1B-$1.4B-$1.5B-$1.9B-$1.8B
Net change in loans and leases-$2.2B$319.0M$1.5B$1.7B$2.0B$1.1B
Other investing activities$64.0M$50.0M$130.0M$3.0M$164.0M$97.0M
Proceeds from maturities/sales of investments$1.5B$642.0M$475.0M$101.0M$2.6B$547.0M
Purchases of investments$3.3B$2.4B$1.8B$1.4B$3.9B$2.5B
Payments to Acquire Finance Receivables$138.0M$188.0M$315.0M$139.0M$38.0M$49.0M
Paydowns and maturities of HTM securities$161.0M$150.0M$198.0M$189.0M$213.0M$158.0M

Operating

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Change in other assets$247.0M-$34.0M-$325.0M$2.0M—$256.0M
Change in other liabilities—-$570.0M-$137.0M$672.0M-$360.0M-$70.0M
Deferred income taxes-$127.0M-$16.0M-$99.0M$22.0M—$52.0M
Depreciation and amortization$124.0M$123.0M$124.0M$119.0M$112.0M$113.0M
Gain (loss) on sale of assets$4.0M$9.0M$5.0M$2.0M$8.0M$7.0M
Loans held for sale activity$86.0M$332.0M-$35.0M-$216.0M$333.0M$285.0M
Net cash from operating activities$483.0M-$213.0M$886.0M$1.7B$0.0$237.0M
Net income$401.0M$373.0M$436.0M$494.0M$528.0M$517.0M
Stock-based compensation$21.0M$31.0M$43.0M$23.0M$23.0M$33.0M
Provision (benefit) for credit losses$162.0M$153.0M$164.0M$154.0M$137.0M$140.0M
Gain (Loss) on Disposition of Assets$4.0M$9.0M$5.0M$2.0M$8.0M$7.0M
Increase (Decrease) in Loan, Held-for-Sale$86.0M$332.0M-$35.0M-$216.0M$333.0M$285.0M
Increase (Decrease) in Other Operating Assets$247.0M-$34.0M-$325.0M$2.0M—$256.0M
Stock-based compensation$21.0M$31.0M$43.0M$23.0M$23.0M$33.0M

Financing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Proceeds from issuance of debt$0.0$2.5B$3.5B$501.0M$2.0B$3.6B
Repayments of debt$1.5B$2.7B$3.3B$2.6B$1.2B$2.6B
Dividends paid$769.0M$186.0M$185.0M$184.0M$200.0M$198.0M
Dividends paid on preferred stock$134.0M$34.0M$33.0M$33.0M$33.0M$38.0M
Increase (Decrease) in Deposits-$412.0M$2.8B-$2.5B$4.9B$3.3B$722.0M
Payments of Ordinary Dividends, Preferred Stock and Preference Stock$134.0M$34.0M$33.0M$33.0M$33.0M$38.0M
Other, net—-$24.0M$6.0M$5.0M—-$43.0M
Proceeds from (Repayments of) Short-Term Debt-$15.0M$47.0M$202.0M-$35.0M—-$4.0M
Payment of Deferred Purchase Consideration—-$24.0M$6.0M$5.0M—-$43.0M
Noncontrolling interest transactions and other—-$24.0M$6.0M$5.0M—-$43.0M
Net cash from financing activities-$2.4B$2.3B-$2.5B$2.9B$3.2B$1.2B
Net change in deposits-$412.0M$2.8B-$2.5B$4.9B$3.3B$722.0M
Other financing activities—-$24.0M$6.0M$5.0M—-$43.0M
Noncontrolling Interests Activity and Other—-$24.0M$6.0M$5.0M—-$43.0M
Repurchases of common stock$225.0M$200.0M$200.0M$75.0M$125.0M$300.0M
Net change in short-term borrowings-$15.0M$47.0M$202.0M-$35.0M—-$4.0M
Net Change in Short-term Borrowings and Indebtedness to Subsidiaries-$15.0M$47.0M$202.0M-$35.0M—-$4.0M

Free Cash Flow

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Free cash flow$435.0M-$227.0M$853.0M$1.7B—$237.0M

Supplemental

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Interest paid$1.1B$1.0B$1.0B$1.0B$1.0B—

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net increase (decrease) in cash-$314.0M$940.0M-$3.0B$3.1B$1.1B-$397.0M
Transfer of loans from loans held for investment to LHFS$74.8M$486.0M$486.0M$486.0M$486.0M—
Transfers from Loans to Loans Held for Sale—$1.9B$42.0M$21.0M—$72.0M