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Citizens Financial Group logo

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$28.6B
P/E Ratio14.49
ROE7.74%

Investing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Capital expenditures$48M$14M$33M$35M$92M$0
Payments For Proceeds From Loans And Leases-$2.2B$319M$1.5B$1.7B$2B$1.1B
Payment for (Proceeds from) Other Investing Activity$64M$50M$130M$3M$164M$97M
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-Sale$1.2B$846M$963M$961M$1.2B$1.1B
Change in interest-bearing deposits with banks$0-$50M$0-$14M-$267M$131M
Sale of investments$1.5B$642M$475M$101M$2.6B$547M
Proceeds from Sale of Finance Receivables$21M$240M$671M$517M$463M$31M
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$319M$1.5B$1.7B$2B$1.1B
Other investing activities$64M$50M$130M$3M$164M$97M
Proceeds from maturities/sales of investments$1.5B$642M$475M$101M$2.6B$547M
Purchases of investments$3.3B$2.4B$1.8B$1.4B$3.9B$2.5B

Operating

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Change in other assets$247M-$34M-$325M——$256M
Change in other liabilities—-$570M-$137M—-$360M-$70M
Deferred income taxes-$127M-$16M-$99M——$52M
Depreciation and amortization$124M$123M$124M$119M$112M$113M
Gain (loss) on sale of assets$4M$9M$5M$2M$8M$7M
Loans held for sale activity$86M$332M——$333M$285M
Net cash from operating activities$483M-$213M$886M$1.7B$0$237M
Net income$401M$373M$436M$494M$528M$517M
Stock-based compensation$21M$31M$43M$23M$23M$33M
Provision (benefit) for credit losses$162M$153M$164M$154M$137M$140M
Gain (Loss) on Disposition of Assets$4M$9M$5M$2M$8M$7M
Increase (Decrease) in Loan, Held-for-Sale$86M$332M——$333M$285M
Increase (Decrease) in Other Operating Assets$247M-$34M-$325M——$256M
Stock-based compensation$21M$31M$43M$23M$23M$33M

Financing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Proceeds from issuance of debt$0$2.5B$3.5B$501M$2B$3.6B
Repayments of debt$1.5B$2.7B$3.3B$2.6B$1.2B$2.6B
Dividends paid$769M$186M$185M$184M$200M$198M
Dividends paid on preferred stock$134M$34M$33M$33M$33M$38M
Increase (Decrease) in Deposits-$412M$2.8B—$4.9B$3.3B$722M
Payments of Ordinary Dividends, Preferred Stock and Preference Stock$134M$34M$33M$33M$33M$38M
Other, net$17M-$24M———-$43M
Proceeds from (Repayments of) Short-Term Debt-$15M$47M$202M——-$4M
Net cash from financing activities-$2.4B$2.3B-$2.5B$2.9B$3.2B$1.2B
Net change in deposits-$412M$2.8B—$4.9B$3.3B$722M
Other financing activities$17M-$24M———-$43M
Repurchases of common stock$225M$200M$200M$75M$125M$300M
Net change in short-term borrowings-$15M$47M$202M——-$4M

Free Cash Flow

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Free cash flow$435M-$227M$853M$1.7B—$237M

Supplemental

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Interest paid$1.1B$1B$1B$1B$1B—

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net increase (decrease) in cash-$314M$940M-$3B$3.1B$1.1B-$397M
Transfer of loans from loans held for investment to LHFS$74.8M$486M$486M$486M$486M—
Transfer Of Portfolio Loans And Leases To Held For Sale1—$1.9B$42M$21M—$72M