Revenue segments as reported by the company.

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

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

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Provision (benefit) for credit losses

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Year over year growth in Revenue and Operating Expenses.

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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.

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Earnings data Q1 2024

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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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PROVIDENCE, R.I.--(BUSINESS WIRE)-- #CBCI--The national Citizens Business Conditions Index™ (CBCI) fell to 48.2 to start the year as business activity normalized from elevated levels in recent quarters. The reading below 50 indicates that economic momentum slowed during the first quarter against a backdrop of moderately restrictive monetary policy. Labor markets and consumer trends remained resilient in the first quarter. However, Citizens' proprietary data showed softening revenue trends during the pe.

Citizens Business Conditions Index™ Drops in Q1

PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) announced today that Chairman and CEO Bruce Van Saun will participate at the Barclays Americas Select Franchise Conference to be held on Wednesday, May 8, 2024 at 10:45 am GMT. 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 financial institutions, with.

Citizens Financial Group to Participate at the Barclays Americas Select Franchise Conference

Citizens Financial Group is a bank holding company that offers banking products and services in 14 states. This is a profitable business managed by a company with adequate liquidity and conservative lending practices. But most importantly, its shares are trading at an unjustified discount to its book value and the current price has resulted in an attractive but safe dividend yield.

Citizens Financial: Solid Dividend And Discount

Citizens Financial Group is tapping the investment-grade bond market on Thursday with an offering of fixed- and floating-rate senior notes, a day after it reported its first-quarter earnings.

Citizens Financial is latest lender to tap the bond market a day after earnings

Citizens Financial's (CFG) Q1 earnings reflect an improvement in non-interest income. However, challenges emerge with lower net interest income and higher provisions and expenses.

Citizens Financial (CFG) Q1 Earnings Miss Estimates, Costs Rise

Citizens Financial Group, Inc. (NYSE:CFG ) Q1 2024 Earnings Conference Call April 17, 2024 9:00 AM ET Company Participants Kristin Silberberg - Executive Vice President, Investor Relations Bruce Van Saun - Chairman and Chief Executive Officer John Woods - Chief Financial Officer Brendan Coughlin - Head, Consumer Banking Don McCree - Head, Commercial Banking Conference Call Participants Ryan Nash - Goldman Sachs Scott Siefers - Piper Sandler John Pancari - Evercore Peter Winter - D.A. Davidson Ken Usdin - Jefferies Matt O'Connor - Deutsche Bank Dave Rochester - Compass Point David Konrad - KBW Manan Gosalia - Morgan Stanley Operator Good morning, everyone and welcome to Citizens Financial Group First Quarter Earnings Conference Call.

Citizens Financial Group, Inc. (CFG) Q1 2024 Earnings Call Transcript

Although the revenue and EPS for Citizens Financial Group (CFG) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Citizens Financial Group (CFG) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Citizens Financial Group (CFG) came out with quarterly earnings of $0.65 per share, missing the Zacks Consensus Estimate of $0.75 per share. This compares to earnings of $1 per share a year ago.

Citizens Financial Group (CFG) Q1 Earnings and Revenues Miss Estimates

PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG or “Citizens”) today reported first quarter 2024 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. “We are pleased to start the year with a solid first quarter,.

Citizens Financial Group, Inc. Reports First Quarter 2024 Net Income of $334 million and EPS of $0.65

Citizens Financial Group (CFG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Citizens Financial Group (CFG) Might Surprise This Earnings Season

PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) today announced that Paul Casey will join the bank as Head of Wealth Management, effective July 9. In this role, he will focus on accelerating Citizens' strong and growing momentum in wealth, an increasingly critical component of the bank's strategy following the launch of Citizens Private Bank in the fall of 2023. He will lead the bank's Citizens Wealth Management and Citizens Private Wealth Management organizations,.

Citizens Financial Group Names Paul Casey to Lead Wealth Business

Besides Wall Street's top -and-bottom-line estimates for Citizens Financial Group (CFG), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2024.

Wall Street's Insights Into Key Metrics Ahead of Citizens Financial Group (CFG) Q1 Earnings

Citizens Financial Group (CFG) possesses 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) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release

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The dealmaking pipeline for mergers and well as initial public offerings continues to improve from a year ago as private-equity firms and middle-market businesses gear up to transact, a high-ranking banker told MarketWatch.

Banker sees healthy M&A, IPO deal pipeline as private-equity firms look to deploy cash

PROVIDENCE, R.I.--(BUSINESS WIRE)--As previously announced, Citizens Financial Group, Inc. (NYSE: CFG) will report its first quarter 2024 earnings on April 17, 2024. The news release and supplemental materials will be available at http://investor.citizensbank.com. CFG management will host a live conference call that morning with details as follows: Time:   9:00 am (ET)   Dial-in:   Individuals may call in by dialing 877-692-8955, conference ID 7141414   Webcast/Presentation:   The live webcast.

Citizens Financial Group Announces First Quarter 2024 Earnings Conference Call Details

PROVIDENCE, R.I.--(BUSINESS WIRE)-- #CBCI--Private equity entered 2024 ready to shop, and a study released today by Citizens reveals many business leaders may be open to making a deal. Nearly three quarters (72%) of small- and mid-size businesses in the U.S. view the private equity industry as a source of current or future partnership and funding, according to the survey. This data comes on the heels of Citizens' 2024 M&A outlook, which found that sponsors anticipate higher deal volumes in 2024 and.

Business Leaders Are Embracing Private Equity Partners, Citizens Survey Finds

PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens today announced $2.4 million in financial empowerment grants to support 137 nonprofit organizations, including $415,000 to Junior Achievement as part of the bank's Citizens Helping Citizens Manage Money program. The bank also announced the results of a teen financial wellness survey, published in partnership with Junior Achievement, that demonstrates the need for expanded financial literacy programs. “Citizens is committed to ensuring that all communi.

Citizens Announces $2.4M in Financial Empowerment Grants to Support 137 Nonprofits

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Barron's seventh-annual (2/26/24) ranking of Sustainable companies started with 1,000 largest publicly-traded companies by market-value, then ranked each by performance for five-key-constituencies: shareholders, employees, customers, community, and planet. Home-products company Clorox sits at the top for the second straight year, edging out Kimberly-Clark, CBRE Group, Hasbro, and Agilent Technologies in the top five. As of 3/11/24 data from YCharts, the top-10 of 76 dividend-paying sustainable companies ranged 4.37%-11.78% by annual yield and ranged 15.72%-85.22% per broker-estimated target-price-upsides.

10 Buyable DiviDogs From Barron's Top 100 Sustainable List

PROVIDENCE, R.I.--(BUSINESS WIRE)--The U.S. banking system remains well-positioned to help boost global growth and act as a steward for existing and new markets, while driving alignment with the values and policies that contribute to collective prosperity, remarked Bruce Van Saun, Chairman and Chief Executive Officer of Citizens Financial Group, while accepting the Foreign Policy Association's 2024 FPA Medal. Speaking at the Association's March 7 Financial Services Dinner in New York, Van Saun.

Citizens Financial Group Chairman and CEO Awarded Foreign Policy Association Medal; Highlights Vital Role of US Banks in Global Economy

Citizens Financial Group Inc (NYSE:CFG) is down 2% at $30.69 at last glance, and seasonality implies that these losses could only accelerate over the next 30 days.

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While commercial-real-estate loan delinquencies will increase, the $39 billion that banks have already set aside to cover losses should be enough to mitigate any impact to the system, Citi analysts said Friday.

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PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) announced today that Vice Chair and Chief Financial Officer John Woods and Chief Risk Officer Richard Stein will participate at the RBC Capital Markets Financial Institutions Conference to be held on Tuesday, March 5, 2024 at 10:00 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 o.

Citizens Financial Group to Participate at the 2024 RBC Capital Markets Financial Institutions Conference

PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) today announced the appointment of Tracy A. Atkinson to the company's Board of Directors, effective March 1, 2024. Atkinson's appointment will temporarily expand the Citizens Board to 14 directors. She will serve on the Board's Audit Committee. Atkinson most recently served as an executive vice president of State Street Corporation, having held a number of senior finance and risk management roles including chief admin.

Citizens Financial Group Announces Appointment of Tracy A. Atkinson to Board of Directors; Edward J.

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News for Citizens Financial Group Stock (CFG)