Citizens Financial Group (STU:1C5) Scaled Net Operating Assets : -0.03 (As of Dec. 2024)

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What is Citizens Financial Group Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Citizens Financial Group's operating assets for the quarter that ended in Dec. 2024 was €165,857 Mil. Citizens Financial Group's operating liabilities for the quarter that ended in Dec. 2024 was €172,727 Mil. Citizens Financial Group's Total Assets for the quarter that ended in Sep. 2024 was €197,955 Mil. Therefore, Citizens Financial Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was -0.03.

Citizens Financial Group Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Citizens Financial Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2024 )
=	(Operating Assets (A: Dec. 2024 )	-	Operating Liabilities (A: Dec. 2024 ))	/	Total Assets (A: Dec. 2023 )
=	(197002.175	-	172727.03)	/	203540.988
=	0.12

where

	Operating Assets		(A: Dec. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	207732.555	-	10730.38
=	197002.175

	Operating Liabilities		(A: Dec. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	184569.985	-	9944.415	-	1898.54
=	172727.03

Citizens Financial Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2024 )
=	(Operating Assets (Q: Dec. 2024 )	-	Operating Liabilities (Q: Dec. 2024 ))	/	Total Assets (Q: Sep. 2024 )
=	(165856.76	-	172727.03)	/	197955.106
=	-0.03

where

	Operating Assets		(Q: Dec. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	207732.555	-	41875.795
=	165856.76

	Operating Liabilities		(Q: Dec. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	184569.985	-	9944.415	-	1898.54
=	172727.03

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Citizens Financial Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Citizens Financial Group Inc (STU:1C5) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

CFGpE.PFD:USA CFG:USA CFG:Mexico 0HYP:UK C1FG34:Brazil

Address

One Citizens Plaza, Providence, RI, USA, 02903

Website

https://www.citizensbank.com

Citizens Financial Group Inc is a bank holding company headquartered in Providence, Rhode Island. Through the bank, it offers various retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations, and institutions. The company's reportable segments are; Commercial Banking, Consumer Banking, Non-Core, and Others. A majority of its revenue is generated from the Consumer Banking segment, which serves consumer customers and small businesses, offering traditional banking products and services including deposits, mortgage and home equity lending, credit cards, small business loans, education loans, point-of-sale finance loans, and wealth management and investment services.