• Citizens Financial average return on tangible equity for 2023 was 12.45, a 3.49% decline from 2022.
• Citizens Financial average return on tangible equity for 2022 was 12.03, a 2.12% increase from 2021.
• Citizens Financial average return on tangible equity for 2021 was 12.29, a 72.61% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.