Nov 03, 2022 / 05:30PM GMT
Unidentified Analyst -
We'll get started now with Citizens Financial Group. Many of you know John. John Woods is the Chief Financial Officer. First Citizens, he joined the company in 2017. He currently, in addition to being Chief Financial Officer, is also Vice Chairman of the organization. John had spent a number of years back at Mitsubishi Union Bank of California for some time.
And Citizens, as you know, is obviously one of our largest regional banks in the country, 11th largest in asset size, with over $220 billion in assets, has a market cap of about $20 billion, in the stock trades at a discount to book and about 1.5% times tangible book.
But John, welcome. Thank you for joining us.
John F. Woods - Citizens Financial Group, Inc. - Vice Chairman & CFO
Yes. Nice to be here.
Questions and Answers:
Unidentified Analyst -So maybe we could start off with some big picture questions, if you don't mind. It's been -- we're just talking and it's kind of been longitude since the IPO. Obviously, if I recall,