For other banks with similar names, see Citizens Bank (disambiguation).
Citizens Financial Group, Inc.
Headquarters in downtown Providence
Company type
Public
Traded as
NYSE: CFG
S&P 500 component
Industry
Banking
Founded
1828; 196 years ago (1828)
Headquarters
Providence, Rhode Island, U.S.
Key people
Bruce Van Saun (Chairman & CEO)
Products
Financial services
Revenue
US$8.224 billion (2023)[1]
Operating income
2,655,000,000 United States dollar (2022)
Net income
US$1.965 billion (2023)[1]
Total assets
US$222.221 billion (2023)[1]
Total equity
US$24.3 billion (2023)[1]
Number of employees
~17,570 (December 2023)[1]
Website
www.citizensbank.com
Citizens Financial Group, Inc. is an American bank holding company, headquartered in Providence, Rhode Island. The company owns the bank Citizens Bank, N.A., which operates in the U.S. states of Connecticut, Delaware, Florida, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, Vermont, and Virginia, as well as Washington, DC.[2]
Between 1988 and its 2014 initial public offering, Citizens was a wholly owned subsidiary of Royal Bank of Scotland.[3] The group sold its last 20.9% stake in the company in October 2015.[4]
Citizens operates 1,078 branches and 4 wealth centers as of August 31, 2023[5] and over 3,200 ATMs[6] across 11 states under the Citizens Bank brand.[7]
Citizens ranks 13th on the List of largest banks in the United States as of Q4 2022.[8][9]
^ abcde"Citizens Financial Group, Inc. Annual Report (Form 10-K)". last10k.com. U.S. Securities and Exchange Commission. February 2024.
^"Locations | Citizens Bank". locations.citizensbank.com. Retrieved April 14, 2022.
^Strauss, Lawrence C. (March 21, 2015). "Citizens Financial: Ready to Rise After Spinoff From RBS". Barron's.
^"RBS sells remaining stake in US bank Citizens". BBC News. October 30, 2015. Retrieved August 19, 2021.
^"All Branch Locations in the United States". Citizens Bank. Retrieved October 15, 2022.
^"Our ATMs". December 15, 2020.
^"2016 Form 10-K Annual Report". Citizens Financial Group, Inc. U.S. Securities and Exchange Commission.
^Citizens Bank By Monique Mulima, US News and World Report, December 6, 2022
^"FRB: The 15 largest banks in the US". September 8, 2022.
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Global Information
US$8.224 billion (2023)[1]
US$1.965 billion (2023)[1]