Citizens Financial Group
Citizens Financial Group returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
Not applicable to banks and insurers: these ratios use an industrial-company capital model.
ROCE
% · Annual / TTM
Not applicable to banks and insurers: these ratios use an industrial-company capital model.
ROIIC
% · Annual / TTM
Not applicable to banks and insurers: these ratios use an industrial-company capital model.
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Not applicable to banks and insurers: these ratios use an industrial-company capital model.
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jun 30, 2026 | — | — | — | 7.72% | 0.94% | — |
| FY 2026 Q1 | Mar 31, 2026 | — | — | — | 7.18% | 0.88% | — |
| FY 2025 Q4 | Dec 31, 2025 | — | — | — | 6.68% | 0.83% | — |
| FY 2025 Q3 | Sep 30, 2025 | — | — | — | 6.17% | 0.77% | — |
| FY 2025 Q2 | Jun 30, 2025 | — | — | — | 5.92% | 0.73% | — |
| FY 2025 Q1 | Mar 31, 2025 | — | — | — | 5.79% | 0.7% | — |
| FY 2024 Q4 | Dec 31, 2024 | — | — | — | 5.65% | 0.69% | — |
| FY 2024 Q3 | Sep 30, 2024 | — | — | — | 4.87% | 0.58% | — |
| FY 2024 Q2 | Jun 30, 2024 | — | — | — | 5.14% | 0.61% | — |
| FY 2024 Q1 | Mar 31, 2024 | — | — | — | 5.45% | 0.65% | — |
| FY 2023 Q4 | Dec 31, 2023 | — | — | — | 6.21% | 0.72% | — |
| FY 2023 Q3 | Sep 30, 2023 | — | — | — | 8.49% | 0.92% | — |
| FY 2023 Q2 | Jun 30, 2023 | — | — | — | 9.03% | 1.01% | — |
| FY 2023 Q1 | Mar 31, 2023 | — | — | — | 8.87% | 1.04% | — |
| FY 2022 Q4 | Dec 31, 2022 | — | — | — | 8.32% | 1% | — |
| FY 2022 Q3 | Sep 30, 2022 | — | — | — | 7.89% | 0.95% | — |
| FY 2022 Q2 | Jun 30, 2022 | — | — | — | 7.28% | 0.9% | — |
| FY 2022 Q1 | Mar 31, 2022 | — | — | — | 9.01% | 1.12% | — |
| FY 2021 Q4 | Dec 31, 2021 | — | — | — | 9.57% | 1.25% | — |
| FY 2021 Q3 | Sep 30, 2021 | — | — | — | 9.29% | 1.23% | — |
| FY 2021 Q2 | Jun 30, 2021 | — | — | — | 8.4% | 1.11% | — |
| FY 2021 Q1 | Mar 31, 2021 | — | — | — | 6.84% | 0.9% | — |
| FY 2020 Q4 | Dec 31, 2020 | — | — | — | 4.23% | 0.61% | — |
| FY 2020 Q3 | Sep 30, 2020 | — | — | — | 4.3% | 0.61% | — |
| FY 2020 Q2 | Jun 30, 2020 | — | — | — | 4.93% | 0.69% | — |
| FY 2020 Q1 | Mar 31, 2020 | — | — | — | 6.01% | 0.82% | — |
| FY 2019 Q4 | Dec 31, 2019 | — | — | — | 7.99% | 1.1% | — |
| FY 2019 Q3 | Sep 30, 2019 | — | — | — | 8.27% | 1.12% | — |
| FY 2019 Q2 | Jun 30, 2019 | — | — | — | 8.21% | 1.13% | — |
| FY 2019 Q1 | Mar 31, 2019 | — | — | — | 8.34% | 1.13% | — |
| FY 2018 Q4 | Dec 31, 2018 | — | — | — | 8.24% | 1.1% | — |
| FY 2018 Q3 | Sep 30, 2018 | — | — | — | 9.45% | 1.24% | — |
| FY 2018 Q2 | Jun 30, 2018 | — | — | — | 8.95% | 1.19% | — |
| FY 2018 Q1 | Mar 31, 2018 | — | — | — | 8.55% | 1.13% | — |
| FY 2017 Q4 | Dec 31, 2017 | — | — | — | 8.19% | 1.09% | — |
| FY 2017 Q3 | Sep 30, 2017 | — | — | — | 6.22% | 0.85% | — |
| FY 2017 Q2 | Jun 30, 2017 | — | — | — | 5.97% | 0.82% | — |
| FY 2017 Q1 | Mar 31, 2017 | — | — | — | 5.67% | 0.79% | — |
| FY 2016 Q4 | Dec 31, 2016 | — | — | — | 5.23% | 0.73% | — |
| FY 2016 Q3 | Sep 30, 2016 | — | — | — | 4.88% | 0.7% | — |
| FY 2016 Q2 | Jun 30, 2016 | — | — | — | 4.49% | 0.64% | — |
| FY 2016 Q1 | Mar 31, 2016 | — | — | — | — | 0.62% | — |
| FY 2015 Q4 | Dec 31, 2015 | — | — | — | 4.28% | 0.62% | — |
| FY 2015 Q3 | Sep 30, 2015 | — | — | — | — | 0.61% | — |
| FY 2015 Q2 | Jun 30, 2015 | — | — | — | — | — | — |
| FY 2015 Q1 | Mar 31, 2015 | — | — | — | — | — | — |
| FY 2014 Q4 | Dec 31, 2014 | — | — | — | — | — | — |
| FY 2014 Q3 | Sep 30, 2014 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · CFG, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.