Revenue segments as reported by the company.

Net interest income

Non interest income

Revenue Segments

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 Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Citizens Financial Group exceeds expectations in Q4 2022 earnings

CFG's Q4 2022 performance was strong, exceeding full-year expectations with a focus on expense management and capital return to shareholders.
While facing economic uncertainties and NIM challenges, the company aims to capitalize on growth opportunities in fee income and deposit dynamics.
Strategic initiatives across segments position CFG for positive operating leverage and continued growth in a changing rate environment.
Investors should monitor ACL trends, NIM adjustments, and the successful execution of expense reduction programs for future performance.

Citizens Financial Group maintains strong performance amidst growth opportunities

Citizens Financial Group showcased strong financial performance with a focus on capital strength, customer relationships, and strategic initiatives amidst a challenging environment.
While facing short-term challenges like NII decline and inflation impact considerations, the bank remains optimistic about growth opportunities in deposits, fee income, and investment banking.
Balancing expense management with strategic investments and credit underwriting sophistication will be crucial for the bank to navigate uncertainties and deliver attractive returns to stakeholders.

Citizens Financial Group reports solid Q2 performance amidst margin challenges

Citizens Financial Group (CFG) delivered strong financial results in Q2 2023, focusing on talent enhancement, strategic growth initiatives, and capital strength. Challenges include margin pressures and navigating a changing interest rate environment. The company is well-positioned to capitalize on opportunities for growth and stability in the coming quarters.

Citizens Financial Group maintains stability and outperformance amidst Q3 challenges

Citizens Financial Group's Q3 performance showed resilience with a focus on balance sheet strength and strategic initiatives despite challenges in Capital Markets deals. The bank's strengths in CET1 ratio, ACL coverage, and low-cost deposit growth position it well for continued stability and outperformance. Opportunities in NII trajectory, loan portfolio growth, and leveraging the New York market provide avenues for future growth.

Citizens Financial Group (CFG) reports robust 2023 performance and eyes growth opportunities in 2024

Citizens Financial Group (CFG) demonstrated strong financial performance in 2023, focusing on balance sheet strength, cost efficiency, and growth in spot loans.
Challenges for 2024 include managing charge-offs, NII and NIM bottoming, and consumer deposit behavior, while opportunities lie in organic growth initiatives and Basel III benefits.
The bank's disciplined approach to risk management, expense reductions, and shareholder returns positions it well for future growth and profitability.

Citizens Financial Group (CFG) posts resilient Q1 results amidst growth opportunities

Citizens Financial Group (CFG) reported a strong Q1 performance with solid financial metrics and progress in strategic initiatives. While facing challenges in loan growth and NII expectations, the bank remains well-positioned to capitalize on opportunities for deposit growth and capital flexibility. Navigating economic uncertainties with caution, CFG aims to leverage its strengths to drive sustainable growth and shareholder value.

Citizens Financial Group (CFG) reports resilient Q3 performance and navigates rate challenges

Citizens Financial Group (CFG) delivered solid financial results in Q3 2024, showcasing progress in strategic initiatives and maintaining balance sheet strength. Challenges include managing NII decline and navigating deposit beta dynamics amidst rate cuts. Opportunities exist in optimizing margins, leveraging efficiencies, and capitalizing on growth prospects.

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Cost of revenue

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Operating expenses

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Net change in cash

Free cash flow

Higher interest rates and NII support Citizens Financial's (CFG) Q1 earnings, while a fall in non-interest income, and higher expenses and provisions are headwinds.

Citizens Financial (CFG) Q1 Earnings Miss on Provisions, NII Rise

While the top- and bottom-line numbers for Citizens Financial Group (CFG) give a sense of how the business performed in the quarter ended March 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Citizens Financial Group (CFG) Q1 Earnings: A Look at Key Metrics

Citizens Financial Group Inc reported a first-quarter profit on Wednesday that missed Wall Street estimates as the lender recorded a drop in deposits and set aside more rainy-day funds to cover for loans, amid fears of a looming recession.

Citizens Financial misses profit estimates as it sets aside more rainy-day funds

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PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG or “Citizens”) today reported first quarter 2023 financial results. The earnings press release, investor presentation, and financial supplement are available at http://investor.citizensbank.com. In addition, these materials will be furnished to the Securities and Exchange Commission (SEC) on a Form 8-K and will be available on the SEC website at www.sec.gov.

Citizens Financial Group, Inc. Reports First Quarter 2023 Net Income of $511 million and EPS of $1.00

A decline in loan balances amid an unstable economic backdrop is likely to have hurt Citizens Financials' (CFG) Q1 earnings. Also, expenses are expected to have risen sequentially.

What's in Store for Citizens Financial (CFG) in Q1 Earnings?

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PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) today announced that Richard Stein will assume the role of Chief Risk Officer upon the retirement of Malcolm Griggs in the first quarter of 2024. Upon assuming the CRO role, Mr. Stein will report to Bruce Van Saun, Chairman and CEO, and serve on the bank's Executive Committee.

Citizens Financial Group Announces Risk Organization Succession Plan

Citizens Financial Group (CFG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Citizens Financial Group (CFG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens announced today that 150 nonprofit organizations across the communities it serves will receive support through the bank's Citizens Helping Citizens Manage Money program. Select nonprofits will receive a total of $2 million to support work in this critical area.

Citizens Announces $2 Million in Financial Empowerment Contributions to Nonprofits Across Footprint

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Citizens, LISC Team up to Help Workers Build Digital Skills That Open Doors to Strong Jobs, Economic Opportunity

PROVIDENCE, R.I.--(BUSINESS WIRE)--As previously announced, Citizens Financial Group, Inc. (NYSE: CFG) will report its first quarter 2023 earnings on April 19, 2023. The news release and supplemental materials will be available at http://investor.citizensbank.com.

Citizens Financial Group Announces First Quarter 2023 Earnings Conference Call Details

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Citizens Financial (CFG) intends to bid for the acquisition of fallen SVB's private banking business.

Citizens Financial (CFG) Plans to bid for SVB's Private Bank

SVB Financial Group

Citizens Financial Group (NYSE:CFG) Inc is preparing a bid to acquire the private banking arm of the collapsed Silicon Valley bank, according to a report from Reuters.  The Federal Deposit Insurance Corporation (FDIC) has set a deadline for Friday for bid offers to buy SVB Private and the large regional bank is among those expected to throw their hat in the ring, according to sources familiar with the matter.

Citizens Financial prepping bid for Silicon Valley Bank's private banking segment, report says

Regions Financial Corp. RF, -1.63% , KeyCorp KEY, -6.47% and Fifth Third Bancorp FITB, -2.16% top a list of nine regional banks as measured by total available liquidity to cover potential deposit outflows, Citi banking analyst Keith Horowitz said in a research note on Thursday. Regions currently has about 145% of available liquidity to cover its uninsured deposits, followed by 136% for KeyCorp and 134% for Fifth Third Bancorp.

Citi analyst sees ‘ample' liquidity in banks to cover deposit withdrawals

Citizens Financial Group Inc is working on a bid to acquire the private banking business of failed Silicon Valley Bank, two people familiar with the matter said on Thursday.

Exclusive: Citizens Financial eyes bid for SVB's private bank - sources

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Sens. Booker and Warnock say overdraft and nonsufficient fund fees are causing hardship for Americans who relied on SVB and Signature Bank for payments.

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Despite fallout from SVB, investors have already began returning to bank stocks, and should seek out firms with strong deposit franchises.

News for Citizens Financial Group Stock (CFG)