Editing Citizens Financial Group (section)

{{Short description|Eastern U.S. bank}}
{{for|other banks with similar names|Citizens Bank (disambiguation)}}
{{Use mdy dates|date=February 2024}}
{{Infobox company
| name = Citizens Financial Group, Inc.
| logo = Citizens Financial Group logo.svg
| logo_size = 235px
| image = One_Citizens_Plaza_north_side.jpg
| image_caption = Headquarters in downtown [[Providence, Rhode Island|Providence]]
| former_name = RBS Citizens Financial Group
| type = [[Public company|Public]]
| traded_as = {{Unbulleted list|{{NYSE|CFG}}|[[S&P 500]] component}}
| industry = [[Banking]]
| founded = {{Start date and age|1828}}
| hq_location = {{nowrap|[[Providence, Rhode Island]], U.S.}}
| products = [[Financial services]]
| key_people = Bruce Van Saun ([[Chairman#Public corporations|chairman]] & [[Chief Executive Officer|CEO]])
| revenue = {{increase}} {{US$|8.224 billion|link=yes}} (2023)
| net_income = {{decrease}} {{US$|1.965 billion}} (2023)
| assets = {{increase}} {{US$|222.221 billion}} (2023)
| equity = {{increase}} {{US$|24.3 billion}} (2023)
| num_employees = 17,570 (December 2023)
| website = {{URL|https://www.citizensbank.com/|citizensbank.com}}
| footnotes = <ref name="10-K">{{cite web|url=https://www.sec.gov/edgar/browse/?CIK=759944&owner=exclude |title=Citizens Financial Group, Inc. Annual Report (Form 10-K) |date=February 2024 |publisher=[[U.S. Securities and Exchange Commission]] |website=last10k.com}}</ref>
}}

'''Citizens Financial Group, Inc.''' is an American [[bank holding company]], headquartered in [[Providence, Rhode Island]]. The company owns the [[bank]] '''Citizens Bank, N.A.''', which operates in the [[U.S. state]]s of [[Connecticut]], [[Delaware]], [[Florida]], [[Maryland]], [[Massachusetts]], [[Michigan]], [[New Hampshire]], [[New Jersey]], [[New York (state)|New York]], [[Ohio]], [[Pennsylvania]], [[Rhode Island]], [[Vermont]], and [[Virginia]], as well as [[Washington, DC]].<ref>{{cite web |title=Locations {{!}} Citizens Bank |url=https://locations.citizensbank.com/index.html |access-date=April 14, 2022 |website=locations.citizensbank.com }}</ref>

Between 1988 and its 2014 [[initial public offering]], Citizens was a wholly owned subsidiary of [[Royal Bank of Scotland]].<ref>{{cite news| url=http://www.barrons.com/articles/citizens-financial-ready-to-rise-after-spinoff-from-rbs-1426905519| title=Citizens Financial: Ready to Rise After Spinoff From RBS| first=Lawrence C.| last=Strauss| newspaper=[[Barron's (newspaper)|Barron's]]| date=March 21, 2015}}</ref> The group sold its last 20.9% stake in the company in October 2015.<ref>{{cite news |date=October 30, 2015 |title=RBS sells remaining stake in US bank Citizens |work=BBC News |url=https://www.bbc.com/news/business-34673153 |access-date=August 19, 2021}}</ref>

Citizens operates 1,078 branches and 4 wealth centers as of August 31, 2023,<ref>{{cite web |url=https://locations.citizensbank.com |title=All Branch Locations in the United States |work=Citizens Bank |access-date=October 15, 2022}}</ref> and over 3,200 ATMs<ref>{{cite web |date=December 15, 2020 |title=Our ATMs |url=https://www.citizensbank.com/customer-service/ATMs-automated-teller-machines.aspx}}</ref> across 11 states under the Citizens Bank brand.<ref name=10K>{{cite web |url=https://www.sec.gov/Archives/edgar/data/759944/000075994417000012/citizens10-kx2016.htm |work=Citizens Financial Group, Inc. |title=2016 Form 10-K Annual Report |publisher=[[U.S. Securities and Exchange Commission]] }}</ref>

Citizens ranks 18th on the [[List of largest banks in the United States]] as of Q3 2024.<ref>[https://money.usnews.com/banking/reviews/citizens-bank Citizens Bank] By Monique Mulima, US News and World Report, December 6, 2022</ref><ref>{{cite web |url=https://www.bankrate.com/banking/biggest-banks-in-america/ |title=FRB: The 15 largest banks in the US|date= September 8, 2022}}</ref>