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Citizens Financial Group Inc Stock Research

CFG

32.59USD+1.08(+3.43%)Delayed

Market Summary

USD32.59+1.08
Delayed
3.43%

CFG Alerts

CFG Stock Price

CFG RSI Chart

CFG Valuation

Market Cap

16.0B

Price/Earnings (Trailing)

7.74

Price/Sales (Trailing)

2.27

EV/EBITDA

2.32

Price/Free Cashflow

3.89

CFG Price/Sales (Trailing)

CFG Profitability

EBT Margin

37.61%

Return on Equity

8.75%

Return on Assets

0.91%

Free Cashflow Yield

25.67%

CFG Fundamentals

CFG Revenue

Revenue (TTM)

7.1B

Revenue Y/Y

87.35%

Revenue Q/Q

14.37%

CFG Earnings

Earnings (TTM)

2.1B

Earnings Y/Y

23.21%

Earnings Q/Q

2.67%

Price Action

52 Week Range

29.7249.23
(Low)(High)

Last 7 days

-17.2%

Last 30 days

-27.5%

Last 90 days

-17.8%

Trailing 12 Months

-33.2%

CFG Financial Health

Debt/Equity

0.67

Debt/Cashflow

0.26

CFG Investor Care

Dividend Yield

3.81%

Dividend/Share (TTM)

1.56

Shares Dilution (1Y)

16.62%

Diluted EPS (TTM)

4.1

Peers (Alternatives to Citizens Financial Group)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
56.4B
40.0B
-14.70% -31.35%
5.3
1.79
34.99% -10.60%
22.3B
6.2B
-22.59% -28.16%
16.16
3.57
58.61% -25.85%
16.0B
7.1B
-27.51% -33.22%
7.74
2.27
45.54% -10.61%
MID-CAP
8.2B
2.3B
-27.37% -24.64%
7.29
3.54
43.40% 29.22%
7.2B
999.0M
-11.45% -17.22%
14.81
7.24
17.76% -7.98%
6.3B
5.7B
-67.21% -80.32%
3.9
1.11
72.48% -22.38%
5.9B
1.1B
-15.99% -8.34%
11.26
5.39
4.58% 1.01%
4.6B
432.9M
-14.26% -28.54%
19.6
10.62
15.00% 3.04%
4.0B
2.7B
-56.96% -60.33%
3.75
1.47
62.28% 17.58%
3.8B
2.5B
-26.66% -36.10%
3.43
1.54
16.17% 17.94%
SMALL-CAP
2.0B
450.9M
-15.05% -7.40%
10.04
4.35
1.16% -2.82%
1.9B
380.5M
-23.55% -29.09%
17.63
4.94
51.31% -14.39%
1.8B
239.6M
-3.96% -15.64%
17.15
7.43
23.99% 8.44%
1.7B
674.7M
-20.29% -19.11%
7.99
2.51
14.59% -3.52%

Financials for Citizens Financial Group

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue17.5%7,0606,0105,2634,8484,851
EBITDA7.7%9,2328,5747,7277,814-
EBITDA Margin-8.3%1.31*1.43*1.47*1.61*-
Earnings Before Taxes5.7%2,6552,5112,3792,7322,977
EBT Margin-10.0%0.38*0.42*0.41*0.56*-
Interest Expenses10.5%6,0125,4434,9234,5424,512
Net Income6.3%2,0731,9501,8442,1282,319
Net Income Margin-9.5%0.29*0.32*0.35*0.44*-
Free Cahsflow8.9%4,1193,7832,0634,519-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets0.9%226,733224,684226,712192,097188,409
    Cash Equivalents29.3%10,5478,1606,5149,9369,158
  Net PPE2.1%844827885793768
  Goodwill0.2%8,1738,1608,0818737,116
Liabilities0.7%203,043201,538202,384170,023164,989
.    Short Term Borrowings-98.9%3.002633,80025.0074.00
  Long Term Debt-2.4%15,88716,28614,4405,8946,932
Shareholder's Equity2.4%23,69023,14624,32822,07423,420
  Retained Earnings4.7%9,1598,7488,3468,2097,978
  Additional Paid-In Capital0.1%22,14222,12122,10019,02119,005
Accumulated Depreciation-804----
Shares Outstanding-0.7%492496496423422
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations8.9%4,1193,7832,0634,5192,275
  Share Based Compensation5.0%84.0080.0076.0070.0059.00
Cashflow From Investing36.7%-12,637-19,978-22,145-13,328-10,486
Cashflow From Financing-6.9%9,90710,63913,9554,0854,636
  Dividend Payments5.7%779737695668670
  Buy Backs-24.3%153202202200295

Risks for CFG

What is the probability of a big loss on CFG?

67.7%


Probability that Citizens Financial Group stock will be more than 20% underwater in next one year

50.4%


Probability that Citizens Financial Group stock will be more than 30% underwater in next one year.

19.2%


Probability that Citizens Financial Group stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does CFG drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Citizens Financial Group was unfortunately bought at previous high price.

Drawdowns

Returns for CFG

Cumulative Returns on CFG

9.0%


7-Year Cumulative Returns

-3.2%


5-Year Cumulative Returns

14.6%


3-Year Cumulative Returns

What are the long-term rolling returns for CFG?

FIve years rolling returns for Citizens Financial Group.

Annualized Returns

Which funds bought or sold CFG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
sold off
-100
-212,000
-
-%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-10.11
1,057,310
36,368,300
0.04%
2023-03-07
Nordwand Advisors, LLC
new
-
1,034,680
1,034,680
0.13%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-7.88
239,000
4,542,000
0.02%
2023-03-03
Crumly & Associates Inc.
unchanged
-
30,362
237,362
0.09%
2023-02-28
Trust Investment Advisors
reduced
-1.2
-272,193
567,807
0.54%
2023-02-28
Voya Investment Management LLC
added
0.03
1,783,330
13,990,300
0.02%
2023-02-27
ST GERMAIN D J CO INC
new
-
24,016
24,016
0.01%
2023-02-24
National Pension Service
reduced
-1.7
4,000,640
31,920,500
0.06%
2023-02-24
NATIXIS
added
12.29
314,800
1,414,800
0.01%

1–10 of 46

Latest Funds Activity

Are funds buying CFG calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own CFG
No. of Funds

Citizens Financial Group News

MarketBeat

Wedmont Private Capital Purchases Shares of 4976 Citizens ....

MarketBeat,
4 hours ago

Investor's Business Daily

Barron's

InvestorsObserver

Seeking Alpha

Schedule 13G FIlings of Citizens Financial Group

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2023
capital international investors
4.7%
23,354,432
SC 13G/A
Feb 13, 2023
blackrock inc.
11.2%
55,050,924
SC 13G/A
Feb 09, 2023
vanguard group inc
11.81%
58,172,255
SC 13G/A
Feb 06, 2023
state street corp
5.16%
25,425,186
SC 13G/A
Jan 20, 2023
blackrock inc.
11.2%
55,050,924
SC 13G/A
Feb 11, 2022
capital international investors
7.2%
30,845,906
SC 13G/A
Feb 10, 2022
state street corp
5.70%
24,290,700
SC 13G/A
Feb 09, 2022
vanguard group inc
11.50%
49,015,558
SC 13G/A
Feb 01, 2022
blackrock inc.
9.5%
40,372,501
SC 13G/A
Jan 31, 2022
invesco ltd.
4.2%
18,013,623
SC 13G/A

CFG Fair Value

Citizens Financial Group fair value in different scenarios

The table shows the Fair Value estimates for Citizens Financial Group for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

36.63

12.40%

48.85

49.89%

93.00

185.36%

142.72

337.93%

171.42

425.99%
Current Inflation

33.49

2.76%

44.15

35.47%

81.93

151.40%

124.09

280.76%

148.09

354.40%
Very High Inflation

29.56

-9.30%

38.37

17.74%

68.81

111.14%

102.38

214.15%

121.13

271.68%

Historical Citizens Financial Group Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Citizens Financial Group

View All Filings
Date Filed Form Type Document
Mar 10, 2023
DEF 14A
DEF 14A
Mar 10, 2023
DEFA14A
DEFA14A
Mar 10, 2023
ARS
ARS
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4/A
Insider Trading
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading

Latest Insider Trading transactions for CFG

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-02
Johnson Elizabeth S.
sold (taxes)
-193,819
41.61
-4,658
chief experience officer
2023-03-02
LaMonica Susan
sold (taxes)
-417,515
41.61
-10,034
chief human resources officer
2023-03-02
VAN SAUN BRUCE
sold (taxes)
-3,077,140
41.61
-73,952
chairman and ceo
2023-03-02
GRIGGS MALCOLM D
sold (taxes)
-379,358
41.61
-9,117
chief risk officer
2023-03-02
Ruttledge Michael
sold (taxes)
-249,202
41.61
-5,989
chief information officer
2023-03-02
Coughlin Brendan
sold (taxes)
-199,354
41.61
-4,791
head of consumer banking
2023-03-02
Read Craig Jack
sold (taxes)
-65,410
41.61
-1,572
controller
2023-03-02
Woods John F
sold (taxes)
-1,024,850
41.61
-24,630
chief financial officer
2023-03-02
MCCREE DONALD H III
sold (taxes)
-1,192,170
41.61
-28,651
vice chair, commercial banking
2023-03-01
Ruttledge Michael
sold (taxes)
-87,904
41.76
-2,105
chief information officer

1–10 of 50

Bruce Winfield van Saun
17500
Citizens Financial Group, Inc. operates as the bank holding company for Citizens Bank, National Association that provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, corporations, and institutions in the United States. The company operates in two segments, Consumer Banking and Commercial Banking. The Consumer Banking segment offers deposit products, mortgage and home equity lending products, credit cards, business loans, wealth management, and investment services; and auto, education, and point-of-sale finance loans, as well as digital deposit products. This segment serves its customers through telephone service centers, as well as through its online and mobile platforms. The Commercial Banking segment provides various financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, and interest rate and commodity risk management solutions, as well as syndicated loans, corporate finance, mergers and acquisitions, and debt and equity capital markets services. This segment serves government banking, not-for-profit, healthcare, technology, professionals, oil and gas, asset finance, franchise finance, asset-based lending, commercial real estate, private equity, and sponsor finance industries. It operates approximately 900 branches in 11 states in the New England, as well as Mid-Atlantic and Midwest regions; 114 retail and commercial non-branch offices in national markets; and approximately 3,000 automated teller machines. The company was formerly known as RBS Citizens Financial Group, Inc. and changed its name to Citizens Financial Group, Inc. in April 2014. Citizens Financial Group, Inc. was founded in 1828 and is headquartered in Providence, Rhode Island.

CFG Income Statement

2022-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
INTEREST INCOME:   
Interest and fees on loans and leases$ 5,968$ 4,253$ 4,719
Interest and fees on loans held for sale678275
Interest and fees on other loans held for sale571333
Investment securities840487519
Interest-bearing deposits in banks1281611
Total interest income7,0604,8515,357
INTEREST EXPENSE:   
Deposits651160509
Short-term borrowed funds2312
Long-term borrowed funds374178260
Total interest expense1,048339771
Net interest income6,0124,5124,586
Provision (benefit) for credit losses474(411)1,616
Net interest income after provision (benefit) for credit losses5,5384,9232,970
NONINTEREST INCOME:   
Service charges and fees420409403
Capital markets fees368428250
Card fees273250217
Mortgage banking fees261434915
Trust and investment services fees249239203
Foreign exchange and derivative products188120120
Letter of credit and loan fees159156140
Securities gains, net9104
Other income828967
Total noninterest income2,0092,1352,319
NONINTEREST EXPENSE:   
Salaries and employee benefits2,5492,1322,123
Outside services700595553
Equipment and software648610565
Occupancy410333331
Other operating expense585411419
Total noninterest expense4,8924,0813,991
Income before income tax expense2,6552,9771,298
Income tax expense582658241
NET INCOME2,0732,3191,057
Net income available to common stockholders$ 1,960$ 2,206$ 950
Weighted-average common shares outstanding:   
Basic (in shares)475,959,815425,669,451427,062,537
Diluted (in shares)477,803,142427,435,818428,157,780
Per common share information:   
Basic earnings (in dollars per share)$ 4.12$ 5.18$ 2.22
Diluted earnings (in dollars per share)$ 4.10$ 5.16$ 2.22

CFG Balance Sheet

2022-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
ASSETS:  
Cash and due from banks$ 1,489$ 1,155
Interest-bearing cash and due from banks9,0588,003
Interest-bearing deposits in banks303316
Debt securities available for sale, at fair value (including $— and $640 pledged to creditors, respectively)[1]24,00726,067
Debt securities held to maturity (fair value of $— and $2,289, respectively, and including $— and $77 pledged to creditors, respectively)[1]9,8342,242
Loans held for sale, at fair value7742,733
Other loans held for sale208735
Loans and leases156,662128,163
Less: Allowance for loan and lease losses(1,983)(1,758)
Net loans and leases154,679126,405
Derivative assets8421,216
Premises and equipment, net844768
Bank-owned life insurance3,2362,843
Goodwill8,1737,116
Other intangible assets[2]19764
Other assets13,0898,746
TOTAL ASSETS226,733188,409
Deposits:  
Noninterest-bearing49,28349,443
Interest-bearing131,441104,918
Total deposits180,724154,361
Short-term borrowed funds374
Derivative liabilities1,909197
Long-term borrowed funds15,8876,932
Other liabilities4,5203,425
TOTAL LIABILITIES203,043164,989
Commitments and Contingencies (refer to Note 19)
Preferred Stock:  
$25.00 par value,100,000,000 shares authorized; 2,050,000 shares issued and outstanding at December 31, 2022 and 20212,0142,014
Common stock:  
$0.01 par value, 1,000,000,000 shares authorized; 645,220,018 shares issued and 492,282,158 shares outstanding at December 31, 2022 and 571,259,135 shares issued and 422,137,197 shares outstanding at December 31, 202166
Additional paid-in capital22,14219,005
Retained earnings9,1597,978
Treasury stock, at cost, 152,937,860 and 149,121,938 shares at December 31, 2022 and 2021, respectively(5,071)(4,918)
Accumulated other comprehensive income (loss)(4,560)(665)
TOTAL STOCKHOLDERS’ EQUITY23,69023,420
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY$ 226,733$ 188,409
[1]Includes only collateral pledged by the Company where counterparties have the right to sell or pledge the collateral.
[2]Excludes MSRs, which are reported in Other assets.