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Citizens Financial Group CFG Mid-Atlantic/Washington D.C. — Number of branches acquired

Discontinued — last reported Q1 '22

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Other financials

Income statement

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Revenue$2.2B+12.0%
Net income$517.0M+38.6%
EPS (diluted)$1.13+46.8%

Balance sheet

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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

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Operating cash flow$237.0M+211%
CapEx--100%
Free cash flow$237.0M+204%

Valuation

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Market cap$28.37B+42.3%
Enterprise value$28.35B+36.3%
P/E14.4×+1.5×
P/S3.4×+0.8×

Profitability

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Net margin23.3%+3.4pp
FCF margin33.7%+7.3pp

Returns & leverage

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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:BusinessAcquisitionNumberOfBranches.

The official record: Citizens Financial Group’s 10-K, filed February 13, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Citizens Financial Group's mid-atlantic/washington D.C. — number of branches acquired?
Citizens Financial Group (CFG) reported mid-atlantic/washington D.C. — number of branches acquired of 9 in Q1 2022.
What does mid-atlantic/washington D.C. — number of branches acquired mean?
The number of bank branches added to the company's network in the Mid-Atlantic and Washington D.C. area through acquisitions.
How do you interpret mid-atlantic/washington D.C. — number of branches acquired?
An increase indicates active inorganic expansion and a focus on growing market presence in the region, while a stable or decreasing number suggests a focus on organic growth or network optimization.
How does mid-atlantic/washington D.C. — number of branches acquired compare across companies?
Peers often report branch acquisition counts as part of M&A disclosures or regional expansion updates, allowing for benchmarking of geographic growth strategies.