Citizens Financial Group (CFG) 10-K Summary — Year Ended Dec 31, 2023
Citizens Financial Group filed its annual report for the most recent fiscal period. The filing includes key financial metrics such as revenue, net income, and operating cash flow.
Key takeaway
Year ended Dec 31, 2023 · FY2025 10-K
Citizens Financial Group filed its annual report for the most recent fiscal period. The filing includes key financial metrics such as revenue, net income, and operating cash flow.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$1.3B
Revenue reported for the fiscal year.
Operating income
n/a
Income from operations reported for the year.
Net income
$1.6B
Net income reported for the year.
Operating cash flow
$3B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2021 | $1.3B | n/a |
| Dec 31, 2022 | $1.3B | -2.0% |
| Dec 31, 2023 | $1.3B | -2.5% |
Business overview
The filing does not provide a detailed business description beyond standard SEC item references.
Financial performance
Revenue remained relatively stable over the periods shown, with a slight decline in the most recent period. Net income and operating cash flow were also reported.
Material risks
The filing references risk factors but does not elaborate on specific risks in the supplied context.
Liquidity and capital
Operating cash flow was reported, but no explicit liquidity or capital allocation themes are discussed in the supplied context.
What to watch
The relationship between net income and revenue, as net income exceeded revenue in the reported period.