Citizens Financial Group Inc/Ri (CFG) Tax Rate (2013 - 2026)
Citizens Financial (CFG) recorded Tax Rate of 22.25% in Q2 2026, up 0.95 percentage points from 21.30% a year earlier and up 1.79 percentage points from the prior quarter.
Citizens Financial Group Inc/Ri (CFG) Tax Rate (2013 - 2026) Analysis & Trends
On a TTM basis, Citizens Financial's Tax Rate came in at 21.58% as of Jun 30, 2026, up 1.18 percentage points year-over-year; for FY2025, it was 21.35%, up 1.27 percentage points from FY2024.
- Annual Tax Rate has a five-year change of +2.78 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 20.07% in FY2024 (-0.71 pp), 20.79% in FY2023 (-1.13 pp), 21.92% in FY2022 (-0.18 pp) and 22.10% in FY2021 (+3.54 pp).
- The Q2 2026 figure is the highest quarterly Tax Rate since Q1 2024.
- On a year-over-year basis, Tax Rate has increased for five consecutive quarters, with an average year-over-year change of +2.01 percentage points over the last eight quarters.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 13.26 percentage points in Q4 2024, against a drop of 13.33 percentage points in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 20.46% (Q1 2026), 22.01% (Q4 2025) and 21.46% (Q3 2025).
Peer Comparison
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% |
Citizens Financial Group Inc/Ri Tax Rate 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=tax-rate&ticker=CFG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=CFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();