Citizens Financial (CFG) Non Operating Interest Expenses (2013 - 2024)
Citizens Financial's (CFG) quarterly Non Operating Interest Expenses came in at $1.2 billion in Q1 2024, up 53.89% year-over-year from $759.0 million in Q2 2023, and down 1.68% quarter-over-quarter from $1.2 billion in Q4 2023.
Analysis
Citizens Financial (CFG) Non Operating Interest Expenses (2013 - 2024) Analysis & Trends
Citizens Financial has disclosed Non Operating Interest Expenses across 12 years of filings, most recently posting $1.2 billion for Q1 2024.
- In Q1 2024, Non Operating Interest Expenses rose 53.89% year-over-year to $1.2 billion; the TTM figure through Mar 2024 stood at $4.4 billion (up 151.12% YoY), while the FY2023 annual figure was $4.0 billion, up 278.15% from the prior year.
- Non Operating Interest Expenses came in at $1.2 billion for Q1 2024 at Citizens Financial, down from $1.2 billion in the prior quarter.
- In the past five years, Non Operating Interest Expenses ranged from a high of $1.2 billion in Q4 2023 to a low of $66.0 million in Q1 2022.
- Average Non Operating Interest Expenses over 5 years is $428.8 million, with a median of $190.0 million recorded in 2020.
- Year-over-year, Non Operating Interest Expenses sank 68.87% in 2021 and soared 1050.0% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $120.0 million in 2020, then tumbled by 36.67% to $76.0 million in 2021, then soared by 632.89% to $557.0 million in 2022, then soared by 113.29% to $1.2 billion in 2023, then dropped by 1.68% to $1.2 billion in 2024.
- Per Business Quant data, the three most recent Non Operating Interest Expenses figures were $1.2 billion in Q1 2024, $1.2 billion in Q4 2023, and $1.1 billion in Q3 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 448.38 Bn | 568.32 Bn | - | -538.61 Bn |
| 2 | Truist Financial | 63.10 Bn | 63.10 Bn | - | 224.00 Mn |
| 3 | Fifth Third Bancorp | 49.74 Bn | 26.02 Bn | - | - |
| 4 | M&T Bank | 34.66 Bn | 34.66 Bn | - | - |
| 5 | Huntington Bancshares | 34.41 Bn | 29.92 Bn | - | - |
| 6 | Citizens Financial | 29.91 Bn | 29.91 Bn | - | - |
| 7 | Regions Financial | 25.92 Bn | 25.99 Bn | - | - |
| 8 | Keycorp | 23.68 Bn | -24.02 Bn | - | - |
| 9 | First Citizens Bancshares | 22.94 Bn | 22.41 Bn | 29.00 Mn | - |
| 10 | East West Bancorp | 17.92 Bn | 12.83 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 1.17 Bn |
| Dec 31, 2023 | 1.19 Bn |
| Sep 30, 2023 | 1.07 Bn |
| Jun 30, 2023 | 943.00 Mn |
| Mar 31, 2023 | 759.00 Mn |
| Dec 31, 2022 | 557.00 Mn |
| Sep 30, 2022 | 304.00 Mn |
| Jun 30, 2022 | 121.00 Mn |
| Mar 31, 2022 | 66.00 Mn |
| Dec 31, 2021 | 76.00 Mn |
| Sep 30, 2021 | 77.00 Mn |
| Jun 30, 2021 | 87.00 Mn |
| Mar 31, 2021 | 99.00 Mn |
| Dec 31, 2020 | 120.00 Mn |
| Sep 30, 2020 | 143.00 Mn |
| Jun 30, 2020 | 190.00 Mn |
| Mar 31, 2020 | 318.00 Mn |
| Dec 31, 2019 | 358.00 Mn |
| Sep 30, 2019 | 393.00 Mn |
| Jun 30, 2019 | 414.00 Mn |