Citizens Financial Group Debt 2024

Citizens Financial Group Debt

10,186 USD

Citizens Financial Group Dividend yield

4.78 %

Ticker

CFG

ISIN

US1746101054

WKN

A12BD3

In 2024, Citizens Financial Group's total debt was 10,186 USD, a 38.19% change from the 7,371 USD total debt recorded in the previous year.

Citizens Financial Group Aktienanalyse

What does Citizens Financial Group do?

Citizens Financial Group Inc is a bank holding company based in Providence, Rhode Island, USA. It was founded in 1828 and was originally known as High Street Bank. Since then, the bank has undergone numerous changes and is now one of the largest banks in the USA. The business model of Citizens Financial Group is focused on providing financial services and products to individuals, businesses, and institutions. The banking group is divided into two main business segments, namely consumer banking and commercial banking. Each of these business segments has a different focus and offers specific products and services. In consumer banking, Citizens Financial Group offers a variety of products and services for individuals. This includes checking and savings accounts, credit and debit cards, home loans, personal loans, online and mobile banking, and various types of insurance. In commercial banking, Citizens Financial Group specializes in business customers and offers various products and services for companies. This includes business loans, trade finance, cash management solutions, treasury services, and international transactions. Citizens Financial Group also operates an asset management division that helps its customers with the management and administration of their assets. Asset management includes asset management, fiduciary services, trust and investment management, and financial planning. Citizens Financial Group also has a student loans division. This division offers a range of student financing solutions, including private and federal loans, consolidation options, and even refinancing options for student loans taken out during studies. In addition to the above-mentioned products and services, Citizens Financial Group also operates an online bank called Citizens Access. This is a purely online bank that offers exclusively online services. Customers can open an account with Citizens Access through the website or mobile app and access various online services. Citizens Financial Group also operates a network of branches and ATMs located throughout the USA. Through this extensive network, the banking group offers its customers a convenient way to access all their financial services in one place. Overall, Citizens Financial Group offers a wide range of products and services that cater to the needs of individuals, businesses, and institutions. With a focus on customer orientation, service, and innovation, the banking group has received many awards and recognition over the years. Although the banking sector has undergone significant changes in recent years and continues to evolve, Citizens Financial Group continues to position itself as a strong and reliable banking group. With a strong focus on customer satisfaction, advanced technology, and a variety of products and services, Citizens Financial Group is an excellent choice for anyone seeking comprehensive financial solutions. Citizens Financial Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding Citizens Financial Group's Debt Structure

Citizens Financial Group's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Citizens Financial Group's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Citizens Financial Group’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Citizens Financial Group’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Citizens Financial Group Stock

What is the debt of Citizens Financial Group this year?

Citizens Financial Group has a debt level of 10,186 USD this year.

What was the debt of Citizens Financial Group compared to the previous year?

The debt of Citizens Financial Group has increased by 38.19% compared to the previous year increased.

What are the consequences of high debt for investors in Citizens Financial Group?

High debt can pose a risk for investors of Citizens Financial Group, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of Citizens Financial Group?

Low debt means that Citizens Financial Group has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from Citizens Financial Group affect the company?

An increase in debt of Citizens Financial Group can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of Citizens Financial Group affect the company?

A reduction in debt of Citizens Financial Group can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of Citizens Financial Group?

Some factors that can influence the debt of Citizens Financial Group include investments, acquisitions, operating costs, and revenue development.

Why are the debts of Citizens Financial Group so important for investors?

The debts of Citizens Financial Group are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can Citizens Financial Group take to change the debt?

To change the debt, Citizens Financial Group can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

How much dividend does Citizens Financial Group pay?

Over the past 12 months, Citizens Financial Group paid a dividend of 1.68 USD . This corresponds to a dividend yield of about 4.78 %. For the coming 12 months, Citizens Financial Group is expected to pay a dividend of 1.76 USD.

What is the dividend yield of Citizens Financial Group?

The current dividend yield of Citizens Financial Group is 4.78 %.

When does Citizens Financial Group pay dividends?

Citizens Financial Group pays a quarterly dividend. This is distributed in the months of September, November, February, May.

How secure is the dividend of Citizens Financial Group?

Citizens Financial Group paid dividends every year for the past 15 years.

What is the dividend of Citizens Financial Group?

For the upcoming 12 months, dividends amounting to 1.76 USD are expected. This corresponds to a dividend yield of 5.01 %.

In which sector is Citizens Financial Group located?

Citizens Financial Group is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Citizens Financial Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Citizens Financial Group from 5/15/2024 amounting to 0.42 USD, you needed to have the stock in your portfolio before the ex-date on 4/30/2024.

When did Citizens Financial Group pay the last dividend?

The last dividend was paid out on 5/15/2024.

What was the dividend of Citizens Financial Group in the year 2023?

In the year 2023, Citizens Financial Group distributed 1.62 USD as dividends.

In which currency does Citizens Financial Group pay out the dividend?

The dividends of Citizens Financial Group are distributed in USD.

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Andere Kennzahlen von Citizens Financial Group

Our stock analysis for Citizens Financial Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Citizens Financial Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.