Revenue segments as reported by the company.

Net interest income

Non interest income

Revenue Segments

Revenue is the money generated from normal business operations. Gross Profit is revenue minus cost of goods sold. Operating Income is revenue minus cost of goods sold and other operating expenses.

Revenue

Operating Income

Revenue & Operating Income

Net Income, also called net earnings, is calculated as revenue minus cost of goods sold, operating expenses, depreciation, interest, taxes, and other expenses.

Net Income

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Non interest expense

Provision (benefit) for credit losses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Citizens Financial Group

Citizens Financial Group, Inc. engages in the provision of commercial banking services. It operates through the Consumer Banking and Commercial Banking segments. The Consumer Banking segment includes deposit products, mortgage and home equity lending, student loans, auto financing, credit cards, business loans, and wealth management and investment services. The Commercial Banking segment offers lending and leasing, trade financing, deposit and treasury management, foreign exchange and interest rate risk management, corporate finance and debt, and equity capital markets. The company was founded in 1828 and is headquartered in Providence, RI.

Earnings data Q2 2023

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Citizens Financial Group will stop originating indirect car loans effective July 1. The financial institution will retain and continue to service the existing auto loans on its balance sheet, Citizens said in a Wednesday (June 7) press release.

Citizens Financial Group to Stop Originating Indirect Car Loans

Citizens Financial Group Inc. CFG, +0.35% said Wednesday it will stop originating indirect auto loans to car dealers as of July 1 as part of an effort to “optimize” its balance sheet and increase its focus on relationship-based lending. The bank will continue to service existing auto loans.

Citizens Financial Group to stop originating indirect auto loan business on July 1, but will service existing loans

PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG or “Citizens”) today announced that it will no longer originate indirect auto loans, effective July 1, 2023, as part of its strategy to optimize its balance sheet and emphasize relationship-based lending. Citizens will retain and continue to service existing auto loans on its balance sheet. “As Citizens continues to optimize its balance sheet, this decision further enables us to lend in areas that provide better risk a.

Citizens Financial Group to Cease Originating Indirect Auto Loans

Citizens Financial Group has seen a 30% drop in stock value over the past three months, but the sell-off is considered overdone. CFG exhibited strong Q1 results, with higher revenue, expenses, and earnings per share than a year ago, and has ample liquidity to weather the current environment. With a potential 26% gain and a 6% dividend yield, CFG could be a good addition to a portfolio for investors who can tolerate an elevated level of risk.

Citizens Financial Group: Banking On The Stock's Recovery

PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) announced today that Vice Chairman and Chief Financial Officer John Woods will participate at the Morgan Stanley U.S. Financials, Payments & CRE Conference to be held on Monday, June 12, 2023 at 11:00 am ET. The live webcast will be available at https://investor.citizensbank.com under Events & Presentations. About Citizens Financial Group, Inc. Citizens Financial Group, Inc. is one of the nation's oldest and l.

Citizens Financial Group to Participate at the Morgan Stanley U.S. Financials, Payments & CRE Conference

Regional banks have represented a morass of certainty since the collapses of Silicon Valley Bank, Signature Bank and First Republic. That's going to bring policy changes, analysts at UBS believe, but investors are more wary of them than need be.

Changes are coming for regional banks — UBS analysts think one is ahead of the curve

Comerica

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The stock-market panic over the regional banks has subsided for now, but experts say that regulators should remain focused on shoring up the stability of the sector amid economic headwinds that could persist for years to come.

Regional bank crisis may be far from over, experts warn

Citizens Financial (CFG) will pay a penalty of $9 million to resolve mismanaged credit card disputes and fraud claims. It may result in increased legal expenses.

Citizens Financial (CFG) Faces $9M Fine for Credit Card Disputes

Banner

New York Community Bancorp

The Zacks Savings and Loan industry players like CFG, NYCB and BANR are poised to tide through a potential recession, waning loan demand and high funding costs on sustainable business models and buyouts.

3 Savings & Loan Stocks to Watch Amid High Rates, Waning Loans

Citizens bank violated federal consumer financial law and failed to investigate fraud claims, according to a CFPB lawsuit.

CFPB slaps Citizens Bank with $9 million fine for mismanaging fraud complaints

The Consumer Financial Protection Bureau (CFPB) reached a settlement with Citizens Bank Tuesday over what the bureau called unlawful credit card servicing practices.

Citizens Bank to Pay $9 Million Penalty in Settlement with CFPB

PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. [NYSE: CFG] today announced a settlement with the Consumer Financial Protection Bureau resolving a complaint related to certain billing errors and related issues that impacted a very small subset of Citizens' credit card customers nearly eight years ago. In 2015, Citizens self-identified operational errors that may have impacted approximately 2%, or about 25,000, of Citizens' approximately 1.2 million credit card customers. Citiz.

Citizens Financial Group Comments on CFPB Settlement

Citizens Bank, one of the largest U.S. regional banks, will pay a $9 million civil penalty to resolve charges it mismanaged customers' credit card disputes and fraud claims, the Consumer Financial Protection Bureau said on Tuesday.

Citizens Bank to pay $9 mln penalty over credit card practices -US regulator

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It always seems to happen when something blows up on Wall Street or in the financial world.

Goldman Sachs Says Buy These 5 Regional Banks With Huge Dividends Before It Is Too Late

PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) announced today that Chairman and Chief Executive Officer Bruce Van Saun will participate in the Bernstein 39th Annual Strategic Decisions Conference 2023 to be held on Friday, June 2, 2023 at 11:00 am ET. The live webcast will be available at https://investor.citizensbank.com under Events & Presentations. About Citizens Financial Group, Inc. Citizens Financial Group, Inc. is one of the nation's oldest and largest.

Citizens Financial Group to Participate in the Bernstein 39th Annual Strategic Decisions Conference 2023

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The worst may be over for U.S. banks, with liquidity fears that led to the recent failures of three regional institutions subsiding, but banks also face a longer-term challenge — a reversal of the flow of cash into noninterest-bearing transaction accounts during years of government and Federal-Reserve stimulus before and during the COVID-19 pandemic.

Profit risks for 10 large regional banks: How a reversal of pandemic deposit trends could cut earnings

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Dogsofthedow.com published this May list of 50 Large Cap High Dividend stocks 5/5/23. Dogsofthedow.com published this list for investors who “don't want to simply focus on high dividend yield only to discover the stock price plunging or the corporation has gone belly-up."

43 May 2023 Ideal Dividend Large-Cap High-Yield Stocks

Higher interest rates and the banking crisis led to a rotation into higher-yielding assets and bank account products. This has driven up bank funding costs and hurt bank margins.

Which Super-Regional Bank Had the Best Deposit Base During the First Quarter?

Citigroup

Banks are dealing with funding pressure and margin compression this year. But many bank stocks also trade at attractive valuations and can navigate this environment.

3 Top Bank Stocks to Buy in May

PROVIDENCE, R.I.--(BUSINESS WIRE)-- #CBCI--Citizens Financial Group, Inc. (NYSE: CFG) announced today that Citizens Bank, N.A. has raised its prime lending rate to 8.25 percent from 8.00 percent, effective Thursday, May 4, 2023. About Citizens Financial Group, Inc. Citizens Financial Group, Inc. is one of the nation's oldest and largest financial institutions, with $222.3 billion in assets as of March 31, 2023. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and comme.

Citizens Financial Group Announces Prime Rate Change

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Citizens Financial Group (CFG) have what it takes?

Citizens Financial Group (CFG) Could Be a Great Choice

PROVIDENCE, R.I.--(BUSINESS WIRE)--Third paragraph should read: Head of Consumer Banking since 2020, Coughlin is responsible for both national and regional banking, including Retail Banking & Distribution, Deposits, Credit & Debit card, Digital channels, Consumer Lending, Mortgage, Business Banking, Wealth Management, Citizens Access, and Citizens Pay. Citizens has more than 1,100 branches, $172 billion in deposits, and total assets of $222.3 billion. He has been with Citizens for more.

CORRECTING and REPLACING Citizens Financial Group Appoints Coughlin, Johnson as Vice Chairmen

PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. [NYSE: CFG] today announced that Brendan Coughlin, Head of Consumer Banking, and Beth Johnson, Chief Experience Officer and Head of ESG, have been named Vice Chairmen. They join Don McCree, Head of Commercial Banking, and John Woods, Chief Financial Officer, as Vice Chairmen of Citizens. Chairman and CEO Bruce Van Saun commented: “Brendan and Beth have both been pivotal to the strong execution of our transformation and growth pla.

Citizens Financial Group Appoints Coughlin, Johnson as Vice Chairmen

First Republic

Shares of a number of midsize lenders fell sharply Tuesday following the collapse of First Republic Bank, a sign that investors are still worried about the industry's health.

Regional Bank Stocks Plunge Ahead of Fed Meeting

PROVIDENCE, R.I.--(BUSINESS WIRE)-- #CBCI--Corporate treasury departments are embracing social tokens, real-time payments, virtual cards and other digital innovations for their speed, security and convenience, according to new research from Citizens. Yet, traditional payment modes – checks, automated clearing house (ACH) and physical credit cards – still have a stronghold. “This is a time of disruption in the payments world,” said Matt Richardson, executive vice president and head of treasury product s.

News for Citizens Financial Group Stock (CFG)