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.

Earnings data Q1 2021

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Earnings data Q4 2021

Earnings data Q1 2022

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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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Saying last week's sell-off triggered by one bank's results appears to be overblown, Citi analyst Keith Horowitz on Monday upgraded Citizens Financial Group Inc. to buy from hold.

Citizens Financial Group gets an upgrade as analyst sifts through regional-banking stocks

Investors should be aggressive in buying U.S. banking stocks, as a recent upheaval in the industry has created "attractive entry points," Citigroup analysts said on Monday, while upgrading their rating on Citizens Financial Group's stock.

Citi sees opportunity in US bank stocks to 'play offense' after recent turmoil

Huntington Bancshares

New York Community Bancorp

Banks continue to navigate a bumpy landscape in loans tied to a drop in office-space value and rent prices in many markets as workers stay at home.

Banks' office-loan exposure remains a ‘mixed bag' as lenders manage through downturn

PROVIDENCE, R.I.--(BUSINESS WIRE)-- #CBCI--The national Citizens Business Conditions Index™ (CBCI) rose to 51.8 in the fourth quarter, supported by continued resilience in the labor market and consumer trends. The second consecutive quarterly reading above 50 indicates that the economy exited 2023 with momentum as signs of moderating inflation support optimism for a soft landing. While applications for new businesses were slightly softer during the period, solid employment trends, particularly in Local.

Citizens Business Conditions Index™ Rises in Q4

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Just when S&P 500 investors all but wrote off dividend stocks — many are offering Treasury-beating yields.

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U.S. Bancorp

Two major U.S. regional banks raised a total $4.75 billion selling bonds on Thursday, on the back of strong demand in a sign that fixed income investors are no longer jittery about regional banks after the March banking crisis.

US regional banks get solid welcome for new bonds

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 seventh year, the contest will award $10,000 each to 30 small businesses across Citizens' footprint, including 10 minority-owned and 10 women-owned businesses. This year, for the first time, Citizens will also set aside five of its 30 awards exclusivel.

Citizens Launches Seventh Annual Small Business Community Champion Award Contest

Citizens Financial (CFG) Q4 earnings are affected by a decline in revenues and higher expenses.

Citizens Financial (CFG) Q4 Earnings Miss, NII Declines

Citizens Financial Group, Inc. (CFG) Q4 2023 Earnings Call Transcript

Charles Schwab

Several large U.S. regional banks reported lower profits on Wednesday, a further sign that the 2023 income boost from high interest rates is starting to wane.

US bank profits fall as competition for deposits erodes lending margins

The headline numbers for Citizens Financial Group (CFG) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Citizens Financial Group (CFG) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Citizens Financial Group (CFG) came out with quarterly earnings of $0.34 per share, missing the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $1.25 per share a year ago.

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

PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG or “Citizens”) today reported fourth quarter and full year 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. “We continue to execute well and posted solid.

Citizens Financial Group, Inc. Reports Fourth Quarter 2023 Net Income of $189 million and EPS of $0.34

Get a deeper insight into the potential performance of Citizens Financial Group (CFG) for the quarter ended December 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Citizens Financial Group (CFG) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates

Increasing funding costs are likely to have hurt Citizens Financial's (CFG) Q4 NII growth. Nonetheless, given the improvement in deal making business, fee income is likely to aid Q4 results.

What's in Store for Citizens Financial (CFG) in Q4 Earnings?

PROVIDENCE, R.I.--(BUSINESS WIRE)-- #mergersacquisitions--Citizens' 2024 M&A Outlook revealed optimism around the environment for dealmaking activity this year, underpinned by solid expectations for the U.S. economy and a pop in enthusiasm, especially among buyers. The annual survey of 400 leaders at U.S. middle-market companies and private equity firms also uncovered notable trends related to interest in artificial intelligence (AI) assets, international dealmaking and the upcoming U.S. election that provide sup.

Citizens M&A Outlook Finds Surging Enthusiasm Supported by Unexpected Factors

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Investors have different approaches to stock dividends. Some have no interest in current income and would prefer companies to focus on growing their businesses, rather than distributing cash to shareholders.

11 dividend stocks with high yields expected to be well supported in 2024 per strict criteria

Driven by the long-term strategy of growth in wealth management offerings and decent liquidity, Citizens Financial (CFG) seems a fundamentally sound stock with a decent dividend yield.

Citizens Financial (CFG) Under Spotlight for Its Dividend Yield

Citizens Financial Group (CFG) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Citizens Financial Group (CFG) Soars 6.6%: Is Further Upside Left in the Stock?

Citizens Financial (CFG) gains from diversifying its revenue streams through growth in wealth management offerings, loan growth and efficiency initiatives. Yet, rising expenses will affect its bottom line.

Strong Balance Sheet Aids Citizens Financial (CFG) Amid High Cost

Bank of America

Bank of Hawaii

JPMorgan Chase & Co

The Fed signals interest rate cuts for 2024, driving the bank stocks higher. The rate cuts offer banks, including JPMorgan (JPM), Bank of America (BAC), Citizens Financial (CFG) and Bank of Hawaii (BOH), a much-needed breather and will aid financials.

Bank Stocks Soar as Fed Signals Three Rate Cuts for 2024

PROVIDENCE, R.I.--(BUSINESS WIRE)-- #CBCI--Mid-size companies and private equity firms are embracing artificial intelligence by implementing the technology to assess data, automate processes and streamline financial operations, according to a new survey from Citizens released today. Seventy-six percent of mid-size company Chief Financial Officers report that they are already using AI and applying it in various ways. Private equity firms are even further ahead of the curve, with nearly 100% of PE decisi.

Citizens Survey Finds Mid-Size Companies, Private Equity Firms are Embracing Artificial Intelligence

PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) today announced the full rollout of Citizens Bank, N.A.'s (“Citizens”) new sustainably manufactured Mastercard® Debit and ATM Card, the latest product in a collaborative partnership with its exclusive partner, Mastercard. Designed and manufactured to fuel sustainability and accessibility, the new cards are manufactured using 90 percent recycled PVC and feature Mastercard's unique Touch Card™ notch, which improves card.

Citizens Rolls Out Sustainably Manufactured Mastercard Debit and ATM Cards

Citizens Financial (CFG) is conducting discussions with potential partners to enhance its private credit business.

Citizens Financial (CFG) Eyes to Enhance Private Credit

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This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering large discounts to their historical norms. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks. In addition to the primary list that yields just over 3%, we present two other groups of five DGI stocks each, with the goal of moderate to high yields.

News for Citizens Financial Group Stock (CFG)