Citizens Financial Group, Inc.

NYSE CFG

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Citizens Financial Group, Inc. Net Operating Profit After Tax (NOPAT) for the Trailing 12 Months (TTM) ending March 31, 2024: -25,632,558.14

Citizens Financial Group, Inc. Net Operating Profit After Tax (NOPAT) is -25,632,558.14 for the Trailing 12 Months (TTM) ending March 31, 2024, a -102.64% change year over year. Net Operating Profit After Taxes (NOPAT) is a financial metric that represents a company's operating profit after deducting taxes. It is calculated by multiplying the earnings before interest and taxes (EBIT) by (1 - tax rate). NOPAT provides insights into the company's profitability from its core operations while accounting for the impact of taxes. It is useful for assessing the company's operating performance and comparing profitability across different tax environments.

Citizens Financial Group, Inc. Net Operating Profit After Tax (NOPAT) for the Trailing 12 Months (TTM) ending March 31, 2023 was 970,676,817.33, a 39.33% change year over year.
Citizens Financial Group, Inc. Net Operating Profit After Tax (NOPAT) for the Trailing 12 Months (TTM) ending March 31, 2022 was 696,664,125.22, a 11.11% change year over year.
Citizens Financial Group, Inc. Net Operating Profit After Tax (NOPAT) for the Trailing 12 Months (TTM) ending March 31, 2021 was 627,009,375.61, a -19.52% change year over year.
Citizens Financial Group, Inc. Net Operating Profit After Tax (NOPAT) for the Trailing 12 Months (TTM) ending March 31, 2020 was 779,103,867.99, a -4.75% 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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