Citizens Return On Tangible Assets from 2010 to 2024

CFG-PH Stock   26.91  0.08  0.30%   
Citizens Financial's Return On Tangible Assets are increasing with slightly volatile movements from year to year. Return On Tangible Assets are predicted to flatten to 0. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.00752742
Current Value
0.004325
Quarterly Volatility
0.01007671
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Citizens Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Citizens Financial's main balance sheet or income statement drivers, such as Tax Provision of 523.3 M, Net Interest Income of 5.9 B or Interest Income of 7.6 B, as well as many indicators such as Price To Sales Ratio of 685, Dividend Yield of 0.0316 or PTB Ratio of 0.61. Citizens financial statements analysis is a perfect complement when working with Citizens Financial Valuation or Volatility modules.
  
Check out the analysis of Citizens Financial Correlation against competitors.

Latest Citizens Financial's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Citizens Financial Group, over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Citizens Financial's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Citizens Financial's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

Citizens Return On Tangible Assets Regression Statistics

Arithmetic Mean0.01
Coefficient Of Variation188.23
Mean Deviation0
Median0.01
Standard Deviation0.01
Sample Variance0.0001
Range0.0425
R-Value0.32
Mean Square Error0.000098
R-Squared0.10
Significance0.25
Slope0.0007
Total Sum of Squares0

Citizens Return On Tangible Assets History

2024 0.004325
2023 0.007527
2022 0.009493
2021 0.0128
2020 0.004782
2019 0.0113
2018 0.0112

About Citizens Financial Financial Statements

Investors use fundamental indicators, such as Citizens Financial's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Citizens Financial's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year

Currently Active Assets on Macroaxis

When determining whether Citizens Financial Group, is a strong investment it is important to analyze Citizens Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Citizens Financial's future performance. For an informed investment choice regarding Citizens Stock, refer to the following important reports:
Check out the analysis of Citizens Financial Correlation against competitors.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Please note, there is a significant difference between Citizens Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Citizens Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Citizens Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.