Citizens Financial Group, Inc.

NYSE CFG

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Citizens Financial Group, Inc. Cash Ratio 1 year YoY Change (%) for the quarter ending March 31, 2024: -98.38%

Citizens Financial Group, Inc. Cash Ratio 1 year YoY Change (%) is -98.38% for the quarter ending March 31, 2024, a -0.31% change year over year. The cash ratio measures a company's ability to cover its current liabilities with its available cash. It is calculated by dividing cash by current liabilities. This ratio indicates the company's short-term liquidity position and its ability to meet its immediate obligations using its cash reserves. A higher cash ratio suggests a stronger ability to cover short-term liabilities. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.

Citizens Financial Group, Inc. Cash Ratio for the quarter ending March 31, 2023 was 8.15, a -98.08% change year over year.
Citizens Financial Group, Inc. Cash Ratio for the quarter ending March 31, 2022 was 424.84, a 98.68% change year over year.
Citizens Financial Group, Inc. Cash Ratio for the quarter ending March 31, 2021 was 213.83, a 6,588.92% change year over year.
Citizens Financial Group, Inc. Cash Ratio for the quarter ending March 31, 2020 was 3.20, a 4.27% change year over year.

NYSE: CFG

Citizens Financial Group, Inc.

CEO	Mr. Bruce Winfield Van Saun
IPO Date	Sept. 24, 2014
Location	United States
Headquarters	One Citizens Plaza, Providence, RI, United States, 02903
Employees	17,354
Sector	Financial Services
Industry	Banks - regional

Description

Citizens Financial Group, Inc. operates as the bank holding company that provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, corporations, and institutions in the United States. The company operates in two segments, Consumer Banking and Commercial Banking. The Consumer Banking segment offers deposit products, mortgage and home equity lending products, credit cards, business loans, wealth management, and investment services; and auto, education, and point-of-sale finance loans, as well as digital deposit products. This segment serves its customers through telephone service centers, as well as through its online and mobile platforms. The Commercial Banking segment provides various financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, and interest rate and commodity risk management solutions, as well as syndicated loans, corporate finance, mergers and acquisitions, and debt and equity capital markets services. This segment serves corporate banking, healthcare, technology, asset finance, franchise finance, leasing, asset-based lending, commercial real estate, mid-corporate, and private equity sponsor industries. The company was formerly known as RBS Citizens Financial Group, Inc. and changed its name to Citizens Financial Group, Inc. in April 2014. Citizens Financial Group, Inc. was founded in 1828 and is headquartered in Providence, Rhode Island.

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