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.

Revenue

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 (CFG) reported earnings 30 days ago. What's next for the stock?

Citizens Financial Group (CFG) Up 6.2% Since Last Earnings Report: Can It Continue?

PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) announced today that Vice Chairman and Head of Commercial Banking Don McCree will participate at the RBC Capital Markets Financial Institutions Conference to be held on Tuesday, March 7, 2023 at 11:20 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.

Citizens Financial Group to Participate at the 2023 RBC Capital Markets Financial Institutions Conference

Citizens Financial posted underwhelming fourth quarter results, with a pre-provision miss driven by weaker revenue line items. C&I lending was a little better than average, but Citizens lacks exposure to card lending and could be more vulnerable to deteriorating consumer lending trends.

Citizens Financial: Undervalued, But With Work Still To Do

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?

Why Citizens Financial Group (CFG) is a Great Dividend Stock Right Now

PROVIDENCE, R.I.--( BUSINESS WIRE )--Citizens today announced the launch of Zelle® to eligible small business customers, a new offering that allows them to pay and get paid quickly and easily using Zelle® – all within the Citizens mobile banking app1. As small businesses demand more in their banking relationships, this feature offers customers the familiarity and ease of use of Zelle®.

Citizens Announces Availability of Zelle® for its Small Business Customers

BOSTON--( BUSINESS WIRE )--Citizens and Fenway Music Company today announced that the bank has become the first official title sponsor of the iconic House of Blues Boston, located on Lansdowne Street in the Fenway area. Citizens House of Blues Boston becomes the fifth sponsored venue under the Citizens Live banner.

Citizens is Official Sponsor of House of Blues Boston

PROVIDENCE, R.I.--( BUSINESS WIRE )--Citizens Financial Group, Inc. (NYSE: CFG) today announced plans to release 2024 quarterly financial results and host live conference calls on the following dates.

Citizens Financial Group Announces Earnings Conference Call Schedule for 2024 Quarterly Financial Results

U.S. lender Citizens Financial Group cut back on auto lending last year and plans to further reduce its exposure to the segment as it becomes cautious on certain businesses as it factors in risk of a recession, its chief executive officer said in a interview.

U.S. lender Citizens stepping back from auto loans - CEO

Shares of top dividend stock Citizens Financial Group (CFG) are closing in on a buy point. The post Top Dividend Stock: Citizens Financial Group Closes In On Buy Point appeared first on Investor's Business Daily.

Top Dividend Stock: Citizens Financial Group Closes In On Buy Point

American Express

American Express Co. and Citizens Financial Group Inc. both lobbied in favor of the Secure and Fair Enforcement Banking Act (SAFE Banking) in recent months, Cannabis Wire reported this week.

American Express, Citizens registered to lobby for Safe Banking cannabis measure: report

PROVIDENCE, R.I.--( BUSINESS WIRE )--Today Citizens announced it has opened its annual Small Business Community Champion Award Contest, which will again recognize the positive contributions small businesses make within their communities. Now in its sixth year, the contest will award $10,000 each to 30 small businesses across Citizens' footprint, including ten minority-owned and ten women-owned businesses. The contest is open until 5:00 p.m. ET February 7, 2023.

Citizens Bank Hosts Sixth Annual Small Business Community Champion Award Contest

PROVIDENCE, R.I.--( BUSINESS WIRE )--Citizens announced today that the national Citizens Business Conditions Index™ (CBCI) dropped to 48.5 in the fourth quarter, ending a streak of eight consecutive quarters in growth mode above 50 and reflecting cooling sentiment as rate hikes from the Federal Reserve have their intended effect.

Citizens Business Conditions Index™ Drops Sharply in Q4

Strong stocks return capital to shareholders.

1 of the Smartest Stocks to Buy for Dividends and Share Repurchases in 2023

PROVIDENCE, R.I.--( BUSINESS WIRE )--Citizens Financial Group, Inc. (NYSE: CFG) announced today that Chairman and Chief Executive Officer Bruce Van Saun will participate at the Bank of America Financial Services Conference on Tuesday, February 14, 2023 at 2:30 pm ET.

Citizens Financial Group to Participate at the Bank of America Financial Services Conference

Mastercard

Aiming to speed its innovation, Citizens Financial Group has made Mastercard its exclusive payments provider. In a newly expanded partnership, Mastercard has become the bank's exclusive services provider and payment network across Citizen's credit, debit and commercial portfolios, the companies said in a Thursday (Jan. 19) press release.

Citizens and Mastercard Expand Partnership to Develop New Solutions

PURCHASE, N.Y. & PROVIDENCE, R.I.--( BUSINESS WIRE )--Mastercard and Citizens today announced an expanded partnership, making Mastercard the exclusive payments network across Citizens' credit, debit and commercial portfolios, as well as services provider in the U.S. With shared values and vision, Citizens and Mastercard are united in the goal to provide access, inclusion and innovation to the communities they serve.

Mastercard and Citizens Financial Group Announce Exclusive Payments Partnership

Mastercard Inc. is expanding its partnership with Citizens Financial Group to become the bank's exclusive payments network, the companies will announce Thursday.

Exclusive: Mastercard expands relationship with Citizens in exclusive arrangement

Why Citizens Financial Group (CFG) is a Top Dividend Stock for Your Portfolio

Citizens Financial Group, Inc. (NYSE:CFG ) Q4 2022 Earnings Conference Call January 17, 2023 9:00 AM ET Company Participants Kristin Silberberg - Executive Vice President, Investor Relations Bruce Van Saun - Chairman & Chief Executive Officer John Woods - Chief Financial Officer Don McCree - Head, Commercial Banking Brendan Coughlin - Head, Consumer Banking Conference Call Participants Scott Siefers - Piper Sandler Peter Winter - D.A. Davidson & Co. Kenneth Usdin - Jefferies John Pancari - Evercore ISI Manan Gosalia - Morgan Stanley Vivek Juneja - JPMorgan Operator Good morning, everyone, and welcome to the Citizens Financial Group Fourth Quarter and Full Year 2022 Earnings Conference Call.

Citizens Financial Group, Inc. (CFG) Q4 2022 Earnings Call Transcript

Higher interest rates and robust loan balance support Citizens Financial's (CFG) Q4 earnings, while a fall in non-interest income and higher expenses and provisions are headwinds.

Citizens Financial (CFG) Q4 Earnings Top on NII, Provisions Hurt

Citizens Financial Group (CFG) delivered earnings and revenue surprises of -3.85% and 1.08%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Citizens Financial Group (CFG) Q4 Earnings and Revenues Lag Estimates

PROVIDENCE, R.I.--( BUSINESS WIRE )--Citizens Financial Group, Inc. (NYSE: CFG or “Citizens”) today reported fourth quarter and full year 2022 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 Fourth Quarter 2022 Net Income of $653 million and EPS of $1.25

The firm's current dividend yield suggests an implied share value of $39. Citizens has a low price to tangible book value relative to peers.

Citizens Financial Group Lacks Clarity

PROVIDENCE, R.I.--( BUSINESS WIRE )--Citizens' 2023 M&A Outlook revealed both upbeat expectations for company performance and high desire for growth in a low-growth world in the coming year. The annual survey of 400 leaders at U.S. middle-market companies and private equity firms also indicated that buyer and seller sentiment about mergers and acquisitions will return to pre-pandemic norms as the macroeconomic backdrop stabilizes.

Citizens M&A Outlook Optimistic Despite Headwinds

Citigroup

Huntington Bancshares

Truist Financial

U.S. Bancorp

Apart from strong fundamentals, the S&P 500 banks like Citi (C), Truist (TFC), U.S. Bancorp (USB), Huntington (HBAN) and Citizens Financial (CFG) have solid dividend yields, which will help income investors generate robust returns.

News for Citizens Financial Group Stock (CFG)