Company: CFG-PE
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0000759944-25-000013
Chunk: 672

Company: CITIZENS FINANCIAL GROUP INC/RI
Filing Date: 2025-02-13
Form: 10-K
Item: Item 3
Chunk 672
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%Effective income tax rate, Underlying (non-GAAP)J/H20.80 22.48 Net income, Underlying:Net income (GAAP)K$1,509 $1,608 Add: Notable items, net of income tax benefit98 357 Net income, Underlying (non-GAAP)L$1,607 $1,965 Net income available to common stockholders, Underlying:Net income available to common stockholders (GAAP)M$1,372 $1,491 Add: Notable items, net of income tax benefit98 357 Net income available to common stockholders, Underlying (non-GAAP)N$1,470 $1,848 Return on average common equity and return on average common equity, Underlying:Average common equity (GAAP)O$21,881 $21,592 Return on average common equityM/O6.27 %6.90 %Return on average common equity, Underlying (non-GAAP)N/O6.72 8.56 

Citizens Financial Group, Inc. | 78

Year Ended December 31,(dollars in millions, except per share data)Ref.       2024       2023Return on average tangible common equity and return on average tangible common equity, Underlying:Average common equity (GAAP)O$21,881 $21,592 Less: Average goodwill (GAAP)8,187 8,184 Less: Average other intangibles (GAAP)143 177 Add: Average deferred tax liabilities related to goodwill and other intangible assets (GAAP)433 422 Average tangible common equityP$13,984 $13,653 Return on average tangible common equityM/P9.81 %10.92 %Return on average tangible common equity, Underlying (non-GAAP)N/P10.51 13.53 Return on average total assets and return on average total assets, Underlying:Average total assets (GAAP)Q$219,024 $222,221 Return on average total assetsK/Q0.69 %0.72 %Return on average total assets, Underlying (non-GAAP)L/Q0.73 0.88 Return on average total tangible assets and return on average total tangible assets, Underlying: Average total assets (GAAP)Q$219,