Citizens Financial (CFG) Interest Expense - Fed Funds (2013 - 2019)

Citizens Financial has reported Interest Expense - Fed Funds for 7 years, with the latest figure at $1.0 million in Q4 2019.

• Quarterly Interest Expense - Fed Funds fell 50.0% year-over-year to $1.0 million in Q4 2019, while the trailing twelve-month figure through Dec 2019 was $8.0 million (up 33.33% YoY) and the FY2019 annual result came in at $8.0 million, up 33.33% from the prior year.
• Interest Expense - Fed Funds retreated to $1.0 million in Q4 2019 per CFG's latest filing, from $2.0 million in the prior quarter.
• Over five years, Interest Expense - Fed Funds peaked at $7.0 million in Q1 2015 and troughed at $1.0 million in Q1 2016.
• A 5-year average of $2.1 million and a median of $2.0 million in 2015 frame the typical range for Interest Expense - Fed Funds.
• The sharpest annual moves came in 2016 and 2019: Interest Expense - Fed Funds plunged 85.71% in 2016, then jumped 200.0% in 2019.
• Over 5 years, Interest Expense - Fed Funds stood at $3.0 million in 2015, then slumped by 66.67% to $1.0 million in 2016, then changed by 0.0% to $1.0 million in 2017, then surged by 100.0% to $2.0 million in 2018, then slumped by 50.0% to $1.0 million in 2019.
• According to Business Quant data, Interest Expense - Fed Funds over the past three periods registered $1.0 million, $2.0 million, and $3.0 million for Q4 2019, Q3 2019, and Q2 2019 respectively.