Citizens Financial (CFG) Tax Rate (2013 - 2026)
Citizens Financial's (CFG) quarterly Tax Rate came in at 22.25% in Q2 2026, up 95.0% year-over-year from 11.41% in Q2 2025, and up 8.75% quarter-over-quarter from 20.46% in Q1 2026.
Analysis
Citizens Financial (CFG) Tax Rate (2013 - 2026) Analysis & Trends
Citizens Financial has disclosed Tax Rate across 14 years of filings, most recently posting 22.25% for Q2 2026.
- In Q2 2026, Tax Rate rose 95.0% year-over-year to 22.25%; the TTM figure through Jun 2026 stood at 21.58% (up 118.0% YoY), while the FY2025 annual figure was 21.35%, up 127.0% from the prior year.
- Tax Rate came in at 22.25% for Q2 2026 at Citizens Financial, up from 20.46% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 23.85% in Q2 2022 to a low of 7.8% in Q4 2023.
- Average Tax Rate over 5 years is 20.61%, with a median of 21.55% recorded in 2022.
- Year-over-year, Tax Rate plunged 1333 bps in 2023 and soared 1326 bps in 2024.
- Over 5 years, Tax Rate stood at 21.14% in 2022, then slumped by 63 bps to 7.8% in 2023, then soared by 170 bps to 21.06% in 2024, then gained by 4 bps to 22.01% in 2025, then grew by 1 bps to 22.25% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 22.25% in Q2 2026, 20.46% in Q1 2026, and 22.01% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 448.38 Bn | 568.32 Bn | - | -7.93% |
| 2 | Truist Financial | 63.10 Bn | 63.10 Bn | - | 14.44% |
| 3 | Fifth Third Bancorp | 49.74 Bn | 26.02 Bn | - | 22.68% |
| 4 | M&T Bank | 34.66 Bn | 34.66 Bn | - | 23.05% |
| 5 | Huntington Bancshares | 34.41 Bn | 29.92 Bn | - | 18.42% |
| 6 | Citizens Financial | 29.91 Bn | 29.91 Bn | - | 22.25% |
| 7 | Regions Financial | 25.92 Bn | 25.99 Bn | - | 20.61% |
| 8 | Keycorp | 23.68 Bn | -24.02 Bn | - | 21.48% |
| 9 | First Citizens Bancshares | 22.94 Bn | 22.41 Bn | 29.00 Mn | 24.58% |
| 10 | East West Bancorp | 17.92 Bn | 12.83 Bn | - | 22.21% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.25% |
| Mar 31, 2026 | 20.46% |
| Dec 31, 2025 | 22.01% |
| Sep 30, 2025 | 21.46% |
| Jun 30, 2025 | 21.30% |
| Mar 31, 2025 | 20.30% |
| Dec 31, 2024 | 21.06% |
| Sep 30, 2024 | 18.72% |
| Jun 30, 2024 | 18.33% |
| Mar 31, 2024 | 22.33% |
| Dec 31, 2023 | 7.80% |
| Sep 30, 2023 | 21.68% |
| Jun 30, 2023 | 21.90% |
| Mar 31, 2023 | 23.04% |
| Dec 31, 2022 | 21.14% |
| Sep 30, 2022 | 21.77% |
| Jun 30, 2022 | 23.85% |
| Mar 31, 2022 | 21.64% |
| Dec 31, 2021 | 22.51% |
| Sep 30, 2021 | 22.17% |