Citizens Financial Group (MEX:CFG) Tax Rate % : 21.06% (As of Dec. 2024)

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What is Citizens Financial Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Citizens Financial Group's Tax Expense for the three months ended in Dec. 2024 was MXN2,232 Mil. Citizens Financial Group's Pre-Tax Income for the three months ended in Dec. 2024 was MXN10,595 Mil. Therefore, Citizens Financial Group's Tax Rate % for the quarter that ended in Dec. 2024 was 21.06%.

Citizens Financial Group Tax Rate % Historical Data

The historical data trend for Citizens Financial Group's Tax Rate % can be seen below:

* 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 Tax Rate % Chart

Citizens Financial Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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18.57

22.10

21.92

20.79

20.07

Citizens Financial Group Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															7.80	22.33	18.33	18.72	21.06

Citizens Financial Group Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Citizens Financial Group's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	7904.31	/	39375.562
	=	20.07 %

Citizens Financial Group's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	2231.56	/	10594.696
	=	21.06 %

Citizens Financial Group Tax Rate % Related Terms

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Citizens Financial Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Citizens Financial Group Inc (MEX:CFG) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

CFGpE.PFD:USA CFG:USA 0HYP:UK 1C5:Germany 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.