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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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.

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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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Citizens Financial is scooping up bankers from First Republic. Executives say they will copy only the good parts of the failed bank.

First Republic Crashed and Burned. This Bank Wants to Copy Its Business.

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Bill Gross, the Bond King, is back in the news this week. Last week, I detailed how Bill Gross focused on equity arbitrage opportunities while forecasting a recession.

3 Bill Gross Bank Stocks to Add to Your Buy List

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 Goldman Sachs U.S. Financial Services Conference on Tuesday, December 5, 2023 at 10:00 am ET. The live webcast will be available at http://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 insti.

Citizens Financial Group to Participate at the Goldman Sachs U.S. Financial Services Conference

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Bank stocks are down badly this year. Borrowing costs are sky-high, cutting into net interest income.

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NEW YORK--(BUSINESS WIRE)--To celebrate the spectators and supporters who make the TCS New York City Marathon one of the best days in New York, Citizens will produce a first-of-its-kind Instagram Live from the Citizens Cheer Zone along mile 12 in Greenpoint. The livestream hosted by Rachel Dratch with actor Michael Rainey Jr. as Chief Cheer Zone Correspondent will capture the energy and essence of the New Yorkers at the cheer zone. The show will be live on Citizens Instagram, Facebook, YouTube,.

Citizens to Celebrate the Spirit of the Marathon “Live from the Cheer Zone”

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Shares of a handful of U.S. regional banks popped on Thursday after famed bond investor Bill Gross said the danger in investing in them had passed.

US regional banks shares surge after Bill Gross says they have hit bottom

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50 Large-Cap High-Yield Stocks For November

SPDR S&P Regional Banking ETF

The former bond king has been buying "a little" of Citizens Financial, Truist Financial, and KeyCorp.

Bill Gross Is Staying Away From Regional Banks. Except for These Three.

the recent CFG share price of $22.87 represents a price-to-book ratio of 0.5 and an annual dividend yield of 7.35%

This Stock Has A 7.35% Yield And Sells For Less Than Book

PROVIDENCE, R.I.--(BUSINESS WIRE)-- #CBCI--A strong labor market and resilient consumer trends supported a slight improvement in economic conditions during the third quarter as inflation showed some signs of abating, according to the national Citizens Business Conditions Index™ (CBCI), released today. After falling below 50 in the second quarter, the index rose to 50.7 in the third quarter, signaling a return to modest growth. New business applications leveled off during the quarter, but operating cond.

Citizens Business Conditions Index™ Rebounds Slightly in Q3

PITTSBURGH--(BUSINESS WIRE)--Citizens, a leader in community engagement, announced today a $200,000 grant to the Pittsburgh Film Office, a 501(c)3 nonprofit economic development agency. This significant contribution allows the Pittsburgh Film Office to foster the growth and expansion of the film industry in the 10 counties of Southwestern Pennsylvania. The grant from Citizens will be directly allocated to CREATE PA, a workforce training program launched by the Pittsburgh Film Office and the Pit.

Citizens Bolsters Pittsburgh's Film Economy with $200,000 Grant to the Pittsburgh Film Office

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PNC Financial Services

America's regional banks are reportedly hoping to get healthier by getting smaller. As The Wall Street Journal (WSJ) reported Monday (Oct. 23), these lenders are scaling back following a quarter that saw banks like KeyCorp, Truist and Citizens Financial record double-digit declines in profit.

Regional Lenders Are Getting Smaller to Stay Afloat

While Citizens Financial Group operates 1,110 branches in 14 states, mostly in the eastern half of the U.S., it has now launched a private-banking unit with a coast-to-coast reach.

Citizens grows coast-to-coast reach with private-banking unit

PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) today announced the national launch of Citizens Private Bank, a significant milestone in Citizens' long-term strategy to accelerate growth in Wealth Management, improve capabilities in the high-net-worth segment and expand in key markets. Citizens Private Bank provides holistic, high-touch client service to high-net-worth individuals, families and businesses, including private family foundations, non-profit, multifami.

Citizens Redefines Private Banking Sector With Launch of Citizens Private Bank

Citizens Financial Group, Inc. (NYSE:CFG ) Q3 2023 Earnings Conference Call October 18, 2023 9:00 AM ET Company Participants Kristin Silberberg - EVP, IR Bruce Van Saun - Chairman and CEO John Woods - CFO Don McCree - Head, Commercial Banking Brendan Coughlin - Head, Consumer Banking Conference Call Participants Erika Najarian - UBS Scott Siefers - Piper Sandler Peter Winter - D.A. Davidson Kenneth Usdin - Jefferies Manan Gosalia - Morgan Stanley Matthew O'Connor - Deutsche Bank Vivek Juneja - JPMorgan Operator Good morning, everyone, and welcome to the Citizens Financial Group Third Quarter 2023 Earnings Conference Call.

Citizens Financial Group, Inc. (CFG) Q3 2023 Earnings Call Transcript

A fall in NII and fee income and a rise in expenses hurt Citizens Financial (CFG) Q3 earnings, while a decent deposit balance offers some support.

Citizens Financial (CFG) Q3 Earnings Miss Estimates, Stock Down

Although the revenue and EPS for Citizens Financial Group (CFG) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, Citizens Financial Group (CFG) Q3 Earnings: A Look at Key Metrics

Citizens Financial Group (CFG) came out with quarterly earnings of $0.85 per share, missing the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $1.30 per share a year ago.

Citizens Financial Group (CFG) Lags Q3 Earnings and Revenue Estimates

PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG or “Citizens”) today reported third 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. “We continue to post solid results through a dynamic environm.

Citizens Financial Group, Inc. Reports Third Quarter 2023 Net Income of $430 million and EPS of $0.85

A weaker lending environment and high funding costs are likely to have affected Citizens Financials' (CFG) NII. Nonetheless, a rise in non-interest income is likely to have supported Q3 earnings.

Key Factors to Affect Citizens Financial's (CFG) Q3 Earnings

Regions Financial

First up are JPMorgan Chase & Co. NYSE: JPM, Wells Fargo Co. NYSE: WFC and Citigroup Inc. NYSE: C.  Those reports will likely offer hints as to whether the bigger financial institutions are seeing consumers and businesses pulling back from borrowing and spending.

Challenges Loom for Regional Banks as Interest Rates Surge

News for Citizens Financial Group Stock (CFG)