What does corporate non — average assets mean?

The average value of assets held in the corporate or unallocated segment of the bank.

How do you interpret corporate non — average assets?

An increase may indicate higher liquidity holdings or corporate-level capital deployment, while a decrease suggests a reduction in unallocated asset bases.

How does corporate non — average assets compare across companies?

Similar to unallocated assets or corporate center assets at other large regional banks.

Citizens Financial Group CFG Corporate Non — Average Assets

Discontinued — last reported Q2 '18

Similar metrics at other companies

MTBCorporate Non — Average Assets

$3.42B-19.0%

CCKCorporate Non — Total Assets

$421M-27.4%

HRLCorporate Non — Total Assets

$817.76M+17.1%

CSL

CSLCorporate Non — Total Assets

$346.4M-11.4%

EFXCorporate Non — Total Assets

$958.9M+127%

FHNCorporate — Average assets

$13.99B+1.7%

Other financials

Income statement

See full

Revenue$2.2B+12.0%

Net income$517.0M+38.6%

EPS (diluted)$1.13+46.8%

Balance sheet

See full

Cash & equivalents$12.3B+6.8%

Total debt$12.3B0.0%

Total equity$26.2B+5.3%

Total assets$227.92B+3.5%

Cash flow

See full

Operating cash flow$237.0M+211%

CapEx--100%

Free cash flow$237.0M+204%

Valuation

See full

Market cap$28.37B+42.3%

Enterprise value$28.35B+36.3%

P/E14.4×+1.5×

P/S3.4×+0.8×

Profitability

See full

Net margin23.3%+3.4pp

FCF margin33.7%+7.3pp

Returns & leverage

See full

Return on equity7.7%+1.4pp

Debt / equity0.5×0.0×

Where this comes from

Reported directly by Citizens Financial Group in its filing.

Tagged under the XBRL concept cfg:AverageAssets.

The official record: Citizens Financial Group’s 10-Q, filed August 6, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does corporate non — average assets mean?: The average value of assets held in the corporate or unallocated segment of the bank.
How do you interpret corporate non — average assets?: An increase may indicate higher liquidity holdings or corporate-level capital deployment, while a decrease suggests a reduction in unallocated asset bases.
How does corporate non — average assets compare across companies?: Similar to unallocated assets or corporate center assets at other large regional banks.