Citizens Financial Group Inc/Ri (CFG) Interest Expense - Fed Funds (2013 - 2019)
Citizens Financial (CFG) posted Interest Expense - Fed Funds of $1 million for Q4 2019, down 50.0% from $2 million a year earlier and down 50.0% from the prior quarter.
Citizens Financial Group Inc/Ri (CFG) Interest Expense - Fed Funds (2013 - 2019) Analysis & Trends
For FY2019, Citizens Financial's Interest Expense - Fed Funds came in at $8 million, up 33.3% from FY2018.
- Annual Interest Expense - Fed Funds has increased for three consecutive years, though with a five-year compound annual growth rate of -24.2% (FY2014 to FY2019).
- In prior years, Citizens Financial's Interest Expense - Fed Funds was $6 million in FY2018 (+100.0%), $3 million in FY2017 (+50.0%), $2 million in FY2016 (-87.5%) and $16 million in FY2015 (-50.0%).
- Quarterly Interest Expense - Fed Funds has run from a low of $1 million in Q1 2016 to a high of $7 million in Q1 2015 over five years.
- On a year-over-year basis, Interest Expense - Fed Funds increased in four of the last seven quarters, with growth averaging 64.3%.
- The strongest year-over-year quarter for Interest Expense - Fed Funds in the past five years was Q2 2019, with growth of 200.0%; the weakest was Q1 2016, with a decline of 85.7%.
- According to Business Quant data, Interest Expense - Fed Funds for the three prior quarters was $2 million (Q3 2019), $3 million (Q2 2019) and $2 million (Q1 2019).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2019 | 1.00 Mn |
| Sep 30, 2019 | 2.00 Mn |
| Jun 30, 2019 | 3.00 Mn |
| Mar 31, 2019 | 2.00 Mn |
| Dec 31, 2018 | 2.00 Mn |
| Sep 30, 2018 | 2.00 Mn |
| Jun 30, 2018 | 1.00 Mn |
| Mar 31, 2018 | 1.00 Mn |
| Dec 31, 2017 | 1.00 Mn |
| Sep 30, 2017 | 1.00 Mn |
| Mar 31, 2017 | 1.00 Mn |
| Sep 30, 2016 | 1.00 Mn |
| Mar 31, 2016 | 1.00 Mn |
| Dec 31, 2015 | 3.00 Mn |
| Sep 30, 2015 | 4.00 Mn |
| Jun 30, 2015 | 2.00 Mn |
| Mar 31, 2015 | 7.00 Mn |
| Dec 31, 2014 | 7.00 Mn |
| Sep 30, 2014 | 9.00 Mn |
| Jun 30, 2014 | 1.00 Mn |
Citizens Financial Group Inc/Ri Interest Expense - Fed Funds API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-fed-funds&ticker=CFG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-fed-funds", "ticker": "CFG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-fed-funds&ticker=CFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();