Citizens financial group inc/ri (CFG)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14
OPERATING ACTIVITIES
Net income

1,386

1,791

1,806

1,800

1,772

1,721

1,922

1,827

1,720

1,652

1,268

1,217

1,142

1,045

984

907

854

840

816

785

908

865

0

0

0

Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses

908

393

368

345

333

326

324

318

303

321

340

354

374

369

358

348

335

302

283

284

256

319

0

0

0

Net change in loans held for sale

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Originations of mortgage loans held for sale

-

-

-

-

-

8,036

5,136

2,862

2,870

2,911

3,084

3,088

3,000

2,829

2,431

2,316

2,352

2,363

2,320

2,113

1,803

1,615

0

0

0

Proceeds from sales of mortgage loans held for sale

-

-

-

-

-

8,149

5,048

2,942

3,001

3,161

3,249

3,174

2,988

2,652

2,376

2,292

2,398

2,381

2,269

2,001

1,688

1,578

0

0

0

Purchases of commercial loans held for sale

-

-

-

-

-

1,944

1,994

2,080

2,141

2,057

1,815

1,621

1,377

1,355

1,342

1,279

1,250

1,176

1,199

944

600

312

0

0

0

Proceeds from sales of commercial loans held for sale

-

-

-

-

-

1,857

1,979

2,056

2,034

1,963

1,736

1,542

1,370

1,335

1,372

1,303

1,241

1,158

1,095

863

531

269

0

0

0

Amortization of terminated cash flow hedges, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10

24

28

17

23

31

38

46

0

0

0

Depreciation, amortization and accretion

702

633

572

521

499

489

473

472

485

487

499

528

527

515

508

482

470

471

423

424

403

386

0

0

0

Amortization of intangibles

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage servicing rights valuation charge-off (recovery)

-

-

-

-

-

-3

-4

-4

-5

-2

-11

-9

-9

-4

3

2

-3

-9

-3

-9

-2

-5

0

0

0

Other-than-temporary Impairment Loss, Debt Securities, Portion Recognized in Earnings

-

-

-

-

-

3

4

4

7

7

7

9

12

12

13

12

7

7

8

7

7

10

0

0

0

Deferred income taxes

-69

64

33

77

88

97

-90

-106

-167

-136

-13

39

162

153

316

287

265

249

186

161

97

141

0

0

0

Share-based compensation

42

41

45

45

43

41

53

49

48

48

43

39

37

23

17

20

22

24

46

49

40

53

0

0

0

Loss on disposal/impairment of premises and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-27

0

0

0

Net gain on sales of:
Debt securities

0

-

-

-

0

-

-

-

15

11

12

10

11

16

23

25

30

29

20

20

11

28

0

0

0

Marketable equity securities available for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

3

2

0

0

0

0

Premises and equipment

0

6

6

7

6

0

0

0

0

-

-

-

-

2

2

11

11

9

0

0

0

-

-

-

-

Increase in other assets

1,782

856

822

1,736

1,644

1,217

1,265

251

453

502

124

-208

-347

274

466

779

670

467

-1,432

490

711

295

0

0

0

Decrease in other liabilities

372

331

97

333

347

303

358

427

-195

-119

-259

-967

-503

-59

-94

154

205

-161

-2,022

-158

211

239

0

0

0

Net cash (used in) provided by operating activities

-102

1,697

1,530

929

1,535

1,767

1,640

2,761

1,734

1,883

1,742

1,323

1,969

1,490

1,596

1,418

1,505

1,229

1,014

884

788

1,390

0

0

0

INVESTING ACTIVITIES
Investment securities:
Investment securities:
Purchases of debt securities available for sale

8,477

8,422

5,819

5,429

5,218

4,270

4,390

5,455

4,788

5,394

6,978

7,591

8,663

7,664

6,139

5,049

5,299

6,783

8,091

8,086

6,808

8,315

0

0

0

Proceeds from maturities and paydowns of debt securities available for sale

4,261

3,946

3,474

3,247

3,147

3,258

3,418

3,436

3,467

3,470

3,691

3,844

3,885

3,785

3,418

3,227

3,264

3,420

3,421

3,382

3,170

2,999

0

0

0

Proceeds from sales of debt securities available for sale

4,195

5,016

2,088

1,975

1,674

998

748

1,123

998

1,257

2,095

1,998

2,153

1,966

1,521

3,040

3,032

3,916

5,240

3,865

3,715

3,325

0

0

0

Purchases of debt securities held to maturity

-

-

-

-

-

-

-

-

-

171

171

694

580

523

644

121

751

932

811

811

181

1,174

0

0

0

Proceeds from maturities and paydowns of debt securities held to maturity

449

398

400

422

471

522

541

555

556

561

639

707

725

720

654

657

742

761

756

636

472

362

0

0

0

Net increase in equity securities, at fair value

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (increase) decrease in equity securities, at cost

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of equity securities, at fair value

-

-

-

-

-

-

-

232

292

326

328

306

268

246

252

271

208

157

0

0

0

-

-

-

-

Proceeds from sales of equity securities, at fair value

-

-

-

-

-

-

-

159

221

253

276

283

235

220

189

229

173

120

0

0

0

-

-

-

-

Purchases of equity securities, at cost

-

-

-

-

-

754

661

491

459

400

389

347

227

166

142

139

122

91

45

30

90

84

0

0

0

Proceeds from sales of equity securities, at cost

-

-

-

-

-

642

558

515

650

637

512

444

201

87

87

127

88

95

110

111

157

146

0

0

0

Net decrease (increase) in interest-bearing deposits in banks

-113

-149

-16

-72

-25

44

145

319

209

247

433

294

183

-83

-357

-541

81

14

-71

123

-316

-137

0

0

0

Acquisitions, net of cash acquired

3

129

129

662

662

533

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in loans and leases

10,917

4,334

3,701

4,259

6,472

6,445

4,363

4,841

3,885

3,634

5,899

5,814

7,442

9,074

8,428

7,491

7,237

6,019

7,095

8,302

6,597

6,900

0

0

0

Capital expenditures, net

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in bank-owned life insurance

-

-

-

-

-

42

41

41

46

44

46

49

47

48

47

44

41

37

183

182

185

188

0

0

0

Premises and equipment:
Purchases

-

-

-

-

-

232

295

283

271

253

209

180

144

138

111

100

111

121

147

147

152

141

0

0

0

Proceeds from sales

-

-

-

-

-

0

0

0

0

-

-

-

-

3

6

3

7

15

-14

-11

14

3

0

0

0

Capitalization of software

-

-

-

-

-

237

196

192

177

159

177

163

159

165

162

171

176

178

196

182

177

170

0

0

0

Net cash used in investing activities

-11,172

-3,875

-3,800

-4,992

-7,430

-7,077

-5,123

-5,472

-3,959

-3,984

-6,551

-7,574

-10,148

-11,326

-10,408

-6,572

-6,486

-5,905

-7,063

-9,634

-6,978

-10,274

0

0

0

FINANCING ACTIVITIES
Net increase in deposits

9,559

5,738

7,639

6,931

8,186

4,486

3,840

3,460

3,618

5,285

4,908

7,356

9,506

7,265

6,461

5,642

3,616

6,832

8,403

8,959

6,626

3,813

0

0

0

Net (decrease) increase in federal funds purchased and securities sold under agreements to repurchase

-

-

-

-

-

341

-79

-103

-778

-333

-447

-288

379

346

-393

-3,067

-3,707

-3,474

-3,891

-3,023

-1,659

-515

0

0

0

Net decrease in other short-term borrowed funds

1,261

-157

-2,059

-2,708

-4,245

-5,211

-6,358

-6,107

-6,113

-4,959

-3,259

-3,024

-4,306

-3,186

-4,866

-5,502

-3,713

-4,383

-1,612

-1,699

1,302

4,002

0

0

0

Proceeds from issuance of long-term borrowed funds

16,900

12,850

12,300

15,503

19,003

22,503

20,758

16,754

18,616

15,363

17,608

18,258

17,391

15,144

16,144

13,745

7,500

6,750

0

0

0

-

-

-

-

Repayments of long-term borrowed funds

12,355

14,857

15,060

16,258

18,589

14,837

11,583

10,584

12,001

12,751

13,802

14,549

11,800

8,429

6,886

4,391

1,392

766

7

7

6

6

0

0

0

Payments for Repurchase of Common Stock

1,290

1,220

1,120

1,020

1,050

1,025

1,060

885

865

820

665

690

560

430

0

0

0

-

-

-

-

-

-

-

-

Net proceeds from issuance of preferred stock

438

730

590

590

885

593

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends declared and paid to common stockholders

636

617

586

553

512

471

433

394

358

322

295

267

260

241

232

223

212

214

967

914

861

806

0

0

0

Dividends declared and paid to RBS

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Dividends declared and paid to preferred stockholders

73

65

55

37

29

14

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments of employee tax withholding for share-based compensation

17

21

21

21

18

13

13

14

14

20

20

19

19

0

0

0

0

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

12,896

1,490

2,121

3,233

4,472

6,352

5,354

2,409

2,091

1,429

4,014

6,763

10,317

10,455

9,971

5,940

1,832

4,485

4,916

6,263

8,342

9,403

0

0

0

(Decrease) increase in cash and cash equivalents

1,622

-688

-149

-830

-1,423

1,042

1,871

-302

-134

-672

-795

512

2,138

619

1,159

786

-3,149

-191

-1,133

-2,487

2,152

519

0

0

0