Citizens Financial Group (CFG) Debt/Equity Ratio: History & Chart

Citizens Financial Group, Inc. (CFG)CFGCitizens Financial Group, Inc.

About Citizens Financial Group, Inc.

Citizens Financial Group, Inc. (CFG) functions as the holding company for Citizens Bank, National Association, a major financial institution offering a comprehensive suite of retail and commercial banking solutions across the United States. It serves a broad spectrum of clients, from individual consumers and small enterprises to large corporations and various institutions. Its business is segmented into two primary divisions: Consumer Banking and Commercial Banking. The Consumer Banking division delivers a robust array of products, encompassing deposit accounts, mortgage and home equity lending, credit cards, and business loans for smaller entities. It also provides wealth management, investment services, and specialized financing for areas like auto, education, and point-of-sale purchases, alongside digital deposit solutions. Clients engage with this segment through contact centers and its advanced online and mobile banking platforms. Conversely, the Commercial Banking segment provides sophisticated financial solutions designed for corporate and institutional clients. These include a wide range of lending and leasing products, treasury and deposit management services, foreign exchange, and risk mitigation tools for interest rates and commodities. Additionally, it offers syndicated loans, corporate finance advice, merger and acquisition (M&A) assistance, and capital markets services for debt and equity. Its client roster spans numerous industries, such as government, non-profit, healthcare, technology, professional services, energy (oil and gas), asset and franchise finance, asset-based lending, commercial real estate, private equity, and sponsor finance. The company boasts a substantial physical presence, operating approximately 1,200 branches across 14 states and the District of Columbia. Complementing these are 114 non-branch retail and commercial offices in key national markets and a network of roughly 3,300 automated teller machines. Founded in 1828, Citizens Financial Group, Inc. is headquartered in Providence, Rhode Island. It adopted its current name in April 2014, having previously operated as RBS Citizens Financial Group, Inc.

Providence, RI

17,398 employees

www.citizensbank.com

Financial Services / Banks - Regional

Sector: Financial Services
Industry: Banks - Regional
CEO: Bruce Winfield Van Saun

View full financials

CFG Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

0.62

DEBT TO EQUITY RATIO AVG TTM

0.49

DEBT TO EQUITY RATIO AVG 3Y

0.53

DEBT TO EQUITY RATIO AVG 5Y

0.54

DEBT TO EQUITY RATIO AVG 10Y

0.60

DEBT TO EQUITY RATIO AVG 15Y

N/A

DEBT TO EQUITY RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

+27.83%

CURRENT VS 3Y AVG

+17.87%

CURRENT VS 5Y AVG

+16.59%

CURRENT VS 10Y AVG

+3.49%

CURRENT VS 15Y AVG

N/A

CURRENT VS 20Y AVG

N/A

SECTOR MEDIAN · FINANCIAL SERVICES

0.64

median of 92 covered companies

CURRENT VS SECTOR MEDIAN

-1.67%

vs the sector median at left

NAME	MARKET CAP	DEBT TO EQUITY RATIO	TTM	3Y	5Y
Citizens Financial Group, Inc. (CFG)	$31.34B	0.62	0.49	0.53	0.54
Willis Towers Watson Public Limited Company (WTW)vs ›	$31.02B	0.92	0.81	0.70	0.64
Cboe Global Markets, Inc. (CBOE)vs ›	$30.67B	0.28	0.35	0.41	0.41
Arch Capital Group Ltd. (ACGL)vs ›	$34.25B	0.18	0.12	0.15	0.17
Raymond James Financial, Inc. (RJF)vs ›	$34.77B	0.42	0.35	0.36	0.39
Northern Trust Corporation (NTRS)vs ›	$34.85B	1.18	1.26	1.32	1.14
Regions Financial Corporation (RF)vs ›	$27.02B	0.40	0.31	0.22	0.20
Huntington Bancshares Incorporated (HBAN)vs ›	$35.90B	0.67	0.80	0.73	0.66
Cincinnati Financial Corporation (CINF)vs ›	$26.50B	0.05	0.06	0.07	0.07
W. R. Berkley Corporation (WRB)vs ›	$26.23B	0.28	0.32	0.36	0.39

NAME

MARKET CAP

DEBT TO EQUITY RATIO

TTM

Citizens Financial Group, Inc. (CFG)

$31.34B

0.62

0.49

0.53

0.54

Willis Towers Watson Public Limited Company (WTW)vs ›

$31.02B

0.92

0.81

0.70

0.64

Cboe Global Markets, Inc. (CBOE)vs ›

$30.67B

0.28

0.35

0.41

Arch Capital Group Ltd. (ACGL)vs ›

$34.25B

0.18

0.12

0.15

0.17

Raymond James Financial, Inc. (RJF)vs ›

$34.77B

0.42

0.35

0.36

0.39

Northern Trust Corporation (NTRS)vs ›

$34.85B

1.18

1.26

1.32

1.14

Regions Financial Corporation (RF)vs ›

$27.02B

0.40

0.31

0.22

0.20

Huntington Bancshares Incorporated (HBAN)vs ›

$35.90B

0.67

0.80

0.73

0.66

Cincinnati Financial Corporation (CINF)vs ›

$26.50B

0.05

0.06

0.07

W. R. Berkley Corporation (WRB)vs ›

$26.23B

0.28

0.32

0.36

0.39

Debt to Equity Ratio FAQ

What is the debt to equity ratio for Citizens Financial Group, Inc. (CFG)?

The debt to equity ratio for CFG stock is 0.62.

Is Citizens Financial Group, Inc.'s debt to equity ratio high or low?

The debt to equity ratio of 0.62 is 17% above its 5-year average of 0.54, around the middle of its 5-year range (0.27–0.82).

What is the TTM average debt to equity ratio for Citizens Financial Group, Inc. (CFG)?

The TTM average debt to equity ratio for CFG stock is 0.49.

What is the 3Y average debt to equity ratio for Citizens Financial Group, Inc. (CFG)?

The 3Y average debt to equity ratio for CFG stock is 0.53.

What is the 5Y average debt to equity ratio for Citizens Financial Group, Inc. (CFG)?

The 5Y average debt to equity ratio for CFG stock is 0.54.

What is the 10Y average debt to equity ratio for Citizens Financial Group, Inc. (CFG)?

The 10Y average debt to equity ratio for CFG stock is 0.60.

DATE	DEBT TO EQUITY RATIO
2026-06-30	0.62
2026-03-31	0.47
2025-12-31	0.43
2025-09-30	0.41
2025-06-30	0.51
2025-03-31	0.50
2024-12-31	0.51
2024-09-30	0.56
2024-06-30	0.55
2024-03-31	0.58
2023-12-31	0.57
2023-09-30	0.77
2023-06-30	0.64
2023-03-31	0.82
2022-12-31	0.67
2022-09-30	0.71
2022-06-30	0.75
2022-03-31	0.27
2021-12-31	0.30
2021-09-30	0.30
2021-06-30	0.30
2021-03-31	0.37
2020-12-31	0.38
2020-09-30	0.42
2020-06-30	0.42
2020-03-31	0.80
2019-12-31	0.65
2019-09-30	0.64
2019-06-30	0.59
2019-03-31	0.58
2018-12-31	0.83
2018-09-30	0.89
2018-06-30	0.76
2018-03-31	0.76
2017-12-31	0.71
2017-09-30	0.76
2017-06-30	0.78
2017-03-31	0.79
2016-12-31	0.87
2016-09-30	0.76
2016-06-30	0.76
2016-03-31	0.70
2015-12-31	0.68
2015-09-30	0.58
2015-06-30	0.74
2015-03-31	0.78
2014-12-31	0.79
2014-09-30	0.72
2014-06-30	0.83
2014-03-31	0.64
2013-12-31	0.44
2013-09-30	0.05
2013-06-30	0.04
2013-03-31	0.03
2012-12-31	0.20

DATE

DEBT TO EQUITY RATIO

2026-06-30

0.62

2026-03-31

0.47

2025-12-31

0.43

2025-09-30

0.41

2025-06-30

0.51

2025-03-31

0.50

2024-12-31

0.51

2024-09-30

0.56

2024-06-30

0.55

2024-03-31

0.58

2023-12-31

0.57

2023-09-30

0.77

2023-06-30

0.64

2023-03-31

0.82

2022-12-31

0.67

2022-09-30

0.71

2022-06-30

0.75

2022-03-31

0.27

2021-12-31

0.30

2021-09-30

0.30

2021-06-30

0.30

2021-03-31

0.37

2020-12-31

0.38

2020-09-30

0.42

2020-06-30

0.42

2020-03-31

0.80

2019-12-31

0.65

2019-09-30

0.64

2019-06-30

0.59

2019-03-31

0.58

2018-12-31

0.83

2018-09-30

0.89

2018-06-30

0.76

2018-03-31

0.76

2017-12-31

0.71

2017-09-30

0.76

2017-06-30

0.78

2017-03-31

0.79

2016-12-31

0.87

2016-09-30

0.76

2016-06-30

0.76

2016-03-31

0.70

2015-12-31

0.68

2015-09-30

0.58

2015-06-30

0.74

2015-03-31

0.78

2014-12-31

0.79

2014-09-30

0.72

2014-06-30

0.83

2014-03-31

0.64

2013-12-31

0.44

2013-09-30

0.05

2013-06-30

0.04

2013-03-31

0.03

2012-12-31

0.20

Debt to Equity Ratio: 0.62

CFG Debt to Equity Ratio

CFG Average Debt to Equity Ratio Chart

CFG Current vs Average Debt to Equity Ratio Chart

CFG Debt to Equity Ratio Metrics

CFG Competitors' Debt to Equity Ratio

Financial Health

Debt to Equity Ratio Formula & Definition

Debt to Equity Ratio FAQ

CFG Debt to Equity Ratio History

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