Citizens Financial Group
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Citizens Financial Group generated cash of $2,961,000,000, which is less than the previous year. Cash used in financing activities reached the amount of -$7,128,000,000 last year. Net change in cash is therefore $1,081,000,000.
Cash Flow
| 2014 | 1.39B | -10.27B | 9.40B |
|---|---|---|---|
| 2015 | 1.22B | -5.90B | 4.48B |
| 2016 | 1.49B | -11.32B | 10.45B |
| 2017 | 1.88B | -3.98B | 1.42B |
| 2018 | 1.76B | -7.07B | 6.35B |
| 2019 | 1.69B | -3.87B | 1.49B |
| 2020 | 111M | -6.13B | 15.37B |
| 2021 | 2.27B | -10.48B | 4.63B |
| 2022 | 4.11B | -12.63B | 9.90B |
| 2023 | 2.96B | 5.24B | -7.12B |
CFG Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 10.54B | 9.15B | 12.73B | 3.38B | 4.07B | 3.03B | 3.70B | 3.08B | 3.27B | 2.75B |
Operating activities | ||||||||||
Net income | 1.60B | 2.07B | 2.31B | 1.05B | 1.79B | 1.72B | 1.65B | 1.04B | 840M | 865M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 478M | 565M | 625M | 578M | 633M | 489M | 502M | 523M | 471M | 386M |
Stock-based compensation expense | 87M | 84M | 59M | 48M | 41M | 41M | 48M | 23M | 24M | 53M |
| Deferred income tax benefit | 87M | 84M | 59M | 48M | 41M | 41M | 48M | 23M | 24M | 53M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 2.96B | 4.11B | 2.27B | 111M | 1.69B | 1.76B | 1.88B | 1.49B | 1.22B | 1.39B |
Investing activities | ||||||||||
Purchases Of Investments | -10.08B | -10.77B | -12.40B | -9.27B | -9.65B | -5.18B | -6.29B | -8.59B | -7.96B | -9.57B |
Investments In Property Plant And Equipment | -172M | -126M | -124M | -118M | -366M | -485M | -440M | -303M | -299M | -311M |
Acquisitions Net | 0 | -255M | -165M | -3M | -129M | -533M | -3.57B | -9.31B | -6.16B | -7.20B |
Cash generated by investing activities | 5.24B | -12.63B | -10.48B | -6.13B | -3.87B | -7.07B | -3.98B | -11.32B | -5.90B | -10.27B |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 7.49B | 30.56B | 0 | 22.71B | 0 | 22M | 0 | 0 |
Payments for dividends | -928M | -892M | -783M | -770M | -682M | -485M | -336M | -255M | -221M | -806M |
Repurchases of common stock | -906M | -153M | -545M | -270M | -1.22B | -1.02B | -820M | -430M | -500M | -334M |
Repayments of term debt | -1.93B | 4.83B | -1.50B | -14.06B | -3.05B | -14.83B | -2.68B | -8.42B | 1.60B | -6M |
Cash used in financing activities | -7.12B | 9.90B | 4.63B | 15.37B | 1.49B | 6.35B | 1.42B | 10.45B | 4.48B | 9.40B |
Net Change In Cash | 1.08B | 1.38B | -3.57B | 9.34B | -688M | 1.04B | -672M | 619M | -191M | 519M |
Cash at end of period | 11.62B | 10.54B | 9.15B | 12.73B | 3.38B | 4.07B | 3.03B | 3.70B | 3.08B | 3.27B |
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