Free signup for more
- Track your favorite companies
- Receive email alerts for new filings
- Personalized dashboard of news and more
- Access all data and search results
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Avg
|
New words:
adjudicated, Annex, bipartisan, bolster, colleague, convexity, COSO, depositor, disaggregation, distortion, earliest, encryption, ERC, evenly, exploited, hardware, IA, lessor, listening, malfeasance, mindset, nationwide, noncontingent, output, overlapping, passage, PCAOB, preset, remeasuring, revaluation, revalue, revalued, RWA, sense, SIFI, slowly, stranded, stringency, Summer, Trump, unconditionally, urgency, vii, waiving, Western, wrongdoing
Removed:
accommodative, adding, adhering, administrative, affirmative, aggregated, allegedly, Applebee, Arizona, ATM, automatically, automotive, balanced, balloon, banker, Bell, BHC, bookrunner, broadening, Buffalo, Bureau, California, capability, CCO, centric, CET, Chicago, cited, Clear, compelling, conditioned, conforming, constantly, constrained, consultative, continual, continuation, contracted, contraction, correlate, Council, counter, coupon, credo, CRO, CSA, deal, debit, dedicate, deepening, delayed, delivering, denial, desirable, diagram, differentiate, discontinued, display, distinctive, diversification, documentation, documented, dormant, double, Dunkin, enabled, enacting, enactment, escalating, excellence, excessive, executing, exist, exit, exiting, expert, filled, financed, fit, Florida, forthcoming, foster, founder, greatly, Greenwich, grew, highlighted, holder, household, identity, immaterial, influenced, injunctive, institute, intentionally, interpreting, interrupt, investee, Lastly, launch, leader, league, lengthen, live, mandated, manufacturing, McDonald, midst, modestly, move, necessitate, Nevada, notably, numerical, occupied, occurring, optimal, organic, outsourcing, overdraft, partner, partnership, penetration, persistent, plant, postemployment, predefined, premier, preserved, pressure, prevented, principle, processor, profitable, programming, rail, ranking, reconciling, recruiting, reducing, reevaluated, refinance, relation, remedy, remedying, renaming, replacing, reposition, request, restaurant, revolving, rolling, saturate, scalable, seasoned, segmentation, selective, semiannual, separation, shape, shock, show, shown, site, solid, solve, specificity, station, stream, stressful, stronger, succession, superior, survey, suspend, synthetically, Taco, talented, temporarily, theft, Thomson, thought, touch, track, traffic, transforming, translate, UDAAP, unacceptable, unavailable, unbalanced, underpinned, underserved, unlawful, unsystematic, verification, vital, wallet, warehouse, Watch, weaker, weighed, Wendy, Wild, win, winning, yielding
Filing tables
Filing exhibits
Related press release
Associated CFG transcripts
CFG similar filings
Filing view
External links
EXHIBIT 12.2
CITIZENS FINANCIAL GROUP, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND PREFERRED DIVIDENDS
Year Ended December 31, | |||||||||||||||||||
(dollars in millions) | 2016 | 2015 | 2014 | 2013(2) | 2012 | ||||||||||||||
Computation of Earnings: | |||||||||||||||||||
Income (loss) from continuing operations before income tax expense | $1,534 | $1,263 | $1,268 | ($3,468 | ) | $1,024 | |||||||||||||
Fixed charges | 573 | 510 | 417 | 499 | 669 | ||||||||||||||
Total Adjusted Earnings | $2,107 | $1,773 | $1,685 | ($2,969 | ) | $1,693 | |||||||||||||
Computation of Fixed Charges and Preferred Dividends: | |||||||||||||||||||
Interest expense | $508 | $452 | $363 | $443 | $619 | ||||||||||||||
Portion of net rental expense deemed representative of interest(1) | 51 | 51 | 54 | 56 | 50 | ||||||||||||||
Preferred distribution | 14 | 7 | — | — | — | ||||||||||||||
Total Fixed Charges and Preferred Dividends | $573 | $510 | $417 | $499 | $669 | ||||||||||||||
Ratio of Earnings to Fixed Charges and Preferred Dividends | 3.7 | % | 3.5 | % | 4.0 | % | (5.9 | )% | 2.5 | % |
(1) The portion of rents shown as representative of the interest factor is one-quarter of total net operating lease expenses.
(2) The deficiency for this period was $3,468 million due in part to a goodwill impairment charge of $4,435 million ($4,080 million after tax).