CITIZENS FINANCIAL GROUP INC/RI Annual Amortization of Intangible Assets in USD from 2016 to 2023

Taxonomy & unit
us-gaap: USD
Description
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
Summary
Citizens Financial Group Inc/Ri annual/quarterly Amortization of Intangible Assets history and growth rate from 2016 to 2023.
  • Citizens Financial Group Inc/Ri Amortization of Intangible Assets for the quarter ending September 30, 2022 was $12M, a 500% increase year-over-year.
  • Citizens Financial Group Inc/Ri annual Amortization of Intangible Assets for 2023 was $42M, a 2.44% increase from 2022.
  • Citizens Financial Group Inc/Ri annual Amortization of Intangible Assets for 2022 was $41M, a 273% increase from 2021.
  • Citizens Financial Group Inc/Ri annual Amortization of Intangible Assets for 2021 was $11M, unchanged from 2020.
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $42M +$1M +2.44% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-16
2022 $41M +$30M +273% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-16
2021 $11M $0 0% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-16
2020 $11M $0 0% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-17
2019 $11M +$8M +267% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-23
2018 $3M +$3M Jan 1, 2018 Dec 31, 2018 10-K 2021-02-23
2017 $0 $0 Jan 1, 2017 Dec 31, 2017 10-K 2020-02-24
2016 $0 Jan 1, 2016 Dec 31, 2016 10-K 2019-02-21
* An asterisk sign (*) next to the value indicates that the value is likely invalid.