CFG - Citizens Financial Group Inc Stock Price, Fair Value and News

32.41USD-0.59 (-1.79%)Delayed

Market Summary

USD32.41-0.59

Delayed

-1.79%

CFG Stock Price

View Fullscreen

CFG RSI Chart

CFG Valuation

Market Cap

14.9B

Price/Earnings (Trailing)

9.25

Price/Sales (Trailing)

1.46

EV/EBITDA

1.91

Price/Free Cashflow

5.02

CFG Price/Sales (Trailing)

CFG Profitability

EBT Margin

19.89%

Return on Equity

6.61%

Return on Assets

0.72%

Free Cashflow Yield

19.91%

CFG Fundamentals

CFG Revenue

Revenue (TTM)

10.2B

Rev. Growth (Yr)

18.83%

Rev. Growth (Qtr)

3.12%

CFG Earnings

Earnings (TTM)

1.6B

Earnings Growth (Yr)

-71.06%

Earnings Growth (Qtr)

-56.05%

Breaking Down CFG Revenue

Last 7 days

-7.4%

Last 30 days

-3.2%

Last 90 days

2.1%

Trailing 12 Months

6.9%

How does CFG drawdown profile look like?

CFG Financial Health

Debt/Equity

0.55

Debt/Cashflow

0.22

CFG Investor Care

Dividend Yield

2.82%

Dividend/Share (TTM)

0.89

Buy Backs (1Y)

5.24%

Diluted EPS (TTM)

3.13

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	8.2B	9.2B	9.8B	10.2B
2022	4.8B	5.3B	6.0B	7.1B
2021	5.1B	5.0B	4.9B	4.9B
2020	6.1B	5.9B	5.6B	5.4B
2019	6.0B	6.2B	6.2B	6.2B
2018	5.1B	5.3B	5.5B	5.8B
2017	4.4B	4.6B	4.8B	4.9B
2016	3.9B	4.0B	4.1B	4.3B
2015	3.7B	3.7B	3.8B	3.9B
2014	3.5B	3.6B	3.6B	3.7B
2013	0	0	3.7B	3.5B
2012	0	0	0	3.8B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index

Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.

Returns of $10,000 invested in:

Very Cheap Stocks: $17,289
S&P 500 Index: $12,922
Very Expensive Stocks: $11,022

Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.

S&P 500 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Citizens Financial Group Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 05, 2024	read craig jack	sold	-151,198	33.54	-4,508	controller
Mar 01, 2024	stein richard l.	acquired	-	-	28,453	chief risk officer
Mar 01, 2024	coughlin brendan	sold (taxes)	-459,142	31.39	-14,627	head of consumer banking
Mar 01, 2024	johnson elizabeth s.	sold (taxes)	-269,577	31.39	-8,588	chief experience officer
Mar 01, 2024	read craig jack	sold (taxes)	-65,165	31.39	-2,076	controller
Mar 01, 2024	mccree donald h iii	acquired	-	-	30,429	head of commercial banking
Mar 01, 2024	van saun bruce	sold (taxes)	-2,489,010	31.39	-79,293	chairman and ceo
Mar 01, 2024	ruttledge michael	acquired	-	-	18,238	chief information officer
Mar 01, 2024	van saun bruce	acquired	-	-	72,927	chairman and ceo
Mar 01, 2024	klane polly n.	acquired	-	-	14,128	general counsel

Which funds bought or sold CFG recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 15, 2024	RICHELIEU GESTION SA	sold off	-100	-2,264,000	-	-%
Apr 15, 2024	THOMPSON INVESTMENT MANAGEMENT, INC.	reduced	-1.78	366,661	5,215,980	0.79%
Apr 15, 2024	Cedrus LLC	reduced	-16.82	-35,416	362,065	0.20%
Apr 15, 2024	GoalVest Advisory LLC	reduced	-30.19	-4,137	13,427	-%
Apr 15, 2024	KINGSWOOD WEALTH ADVISORS, LLC	added	10.03	88,936	522,900	0.06%
Apr 15, 2024	OLD NATIONAL BANCORP /IN/	added	30.9	123,975	410,039	0.01%
Apr 15, 2024	WEALTH ENHANCEMENT ADVISORY SERVICES, LLC	reduced	-0.21	227,159	2,677,180	0.01%
Apr 15, 2024	EXCHANGE TRADED CONCEPTS, LLC	new	-	7,984	7,984	-%
Apr 15, 2024	Brookstone Capital Management	added	1.32	26,413	267,639	-%
Apr 15, 2024	WEST PACES ADVISORS INC.	unchanged	-	750	8,637	-%

Are Funds Buying or Selling CFG?

Are funds buying CFG calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CFG

No. of Funds

Unveiling Citizens Financial Group Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	11.62%	54,154,656	SC 13G/A
Feb 09, 2024	capital international investors	7.8%	36,401,022	SC 13G
Jan 30, 2024	state street corp	6.09%	28,380,838	SC 13G/A
Jan 23, 2024	blackrock inc.	12.0%	55,804,551	SC 13G/A
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
Dec 07, 2022	blackrock inc.	10.6%	52,078,566	SC 13G/A

Recent SEC filings of Citizens Financial Group Inc

View All Filings

Date Filed	Form Type	Document
Mar 11, 2024	ARS	ARS
Mar 11, 2024	DEF 14A	DEF 14A
Mar 11, 2024	DEFA14A	DEFA14A
Mar 06, 2024	4	Insider Trading
Mar 05, 2024	144	Notice of Insider Sale Intent
Mar 04, 2024	4	Insider Trading
Mar 04, 2024	4/A	Insider Trading
Mar 04, 2024	4	Insider Trading
Mar 04, 2024	4	Insider Trading
Mar 04, 2024	4	Insider Trading

Peers (Alternatives to Citizens Financial Group Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	520.7B	171.1B	-5.00%	29.29%	10.51	3.04	60.72%	31.52%
BAC	273.1B	130.3B	-2.03%	14.22%	10.3	2.1	79.51%	-3.68%
WFC	201.8B	85.7B	-1.91%	36.59%	10.54	2.36	41.49%	39.96%
C	109.0B	133.3B	-1.04%	14.73%	11.81	0.82	79.09%	-
CFG	14.9B	10.2B	-3.22%	6.89%	9.25	1.46	44.53%	-22.43%
KEY	13.3B	7.9B	-1.73%	15.60%	13.74	1.68	46.47%	-49.56%
MID-CAP
CMA	6.6B	4.2B	1.07%	11.08%	7.52	1.59	56.25%	-23.46%
ZION	5.9B	3.9B	-0.70%	27.74%	8.61	1.48	45.91%	-25.03%
ABCB	3.1B	1.3B	-2.61%	28.18%	11.39	2.39	43.24%	-22.35%
ASB	3.0B	2.0B	-1.73%	8.03%	16.43	1.54	70.97%	-50.03%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	25.23%	-24.02%
ALRS	394.8M	164.9M	-5.30%	27.06%	33.75	2.39	42.66%	-70.76%
AROW	362.8M	162.6M	-7.63%	-5.80%	12.06	2.23	25.39%	-38.37%
ACNB	270.6M	96.6M	-10.52%	3.61%	8.54	2.8	11.02%	-11.37%
ASRV	41.7M	60.9M	-6.90%	-21.61%	-12.45	0.68	24.06%	-144.92%

Citizens Financial Group Inc News

Latest updates

Citizens Financial Group Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	3.1%	2,676	2,595	2,531	2,402	2,252	1,969	1,626	1,213	1,202	1,222	1,211	1,216	1,249	1,280	1,350	1,478	1,501	1,538	1,580	1,570	1,542
EBITDA Margin	-12.4%	0.86*	0.98*	1.09*	1.20*	1.31*	1.43*	1.51*	1.61*	1.67*	1.63*	1.54*	1.39*	-	-	-	-	-	-	-	-	-
Interest Expenses	-2.2%	1,488	1,522	1,588	1,643	1,695	1,665	1,505	1,147	1,126	1,145	1,124	1,117	1,129	1,137	1,160	1,160	1,143	1,145	1,166	1,160	1,172
Income Taxes	-86.6%	16.00	119	134	153	175	177	114	116	154	151	183	170	115	61.00	54.00	11.00	91.00	115	127	127	92.00
Earnings Before Taxes	-62.7%	205	549	612	664	828	813	478	536	684	681	831	781	571	375	307	45.00	541	564	580	566	557
EBT Margin	-26.7%	0.20*	0.27*	0.32*	0.34*	0.38*	0.42*	0.45*	0.56*	0.61*	0.58*	0.52*	0.40*	-	-	-	-	-	-	-	-	-
Net Income	-56.0%	189	430	478	511	653	636	364	420	530	530	648	611	456	314	253	34.00	450	449	453	439	465
Net Income Margin	-25.6%	0.16*	0.21*	0.25*	0.26*	0.29*	0.32*	0.35*	0.44*	0.48*	0.46*	0.41*	0.32*	-	-	-	-	-	-	-	-	-
Free Cashflow	-33.5%	670	1,008	125	1,158	1,441	3,000	-1,876	1,554	1,105	1,280	580	-690	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-1.5%	221,964	225,270	223,066	222,256	226,733	224,684	226,712	192,097	188,409	187,007	185,104	187,217	183,349	179,228	179,874	176,719	165,733	164,362	162,749	161,342	160,518
Cash Equivalents	-24.5%	11,628	15,400	11,567	7,974	10,547	8,160	6,514	9,936	9,158	13,716	12,641	14,660	12,733	9,216	7,446	4,058	3,386	3,842	3,035	2,436	4,074
Net PPE	1.9%	895	878	876	866	844	827	885	793	768	732	735	743	759	747	751	746	761	747	740	746	791
Goodwill	0%	8,188	8,188	8,188	8,177	8,173	8,160	8,081	887	7,116	7,065	7,050	7,050	7,050	7,050	7,050	7,050	7,044	7,044	7,040	7,040	6,923
Liabilities	-2.4%	197,622	202,392	199,481	198,055	203,043	201,538	202,384	170,023	164,989	163,584	161,905	164,564	160,676	156,759	157,456	154,769	143,532	142,511	140,732	139,811	139,701
Short Term Borrowings	117.7%	505	232	1,099	1,018	3.00	263	3,763	25.00	74.00	8.00	62.00	70.00	243	252	255	1,059	274	-	-	-	-
Long Term Debt	-22.4%	13,467	17,354	14,100	18,855	15,887	16,286	14,440	5,894	6,932	6,947	6,957	8,316	8,346	9,109	9,202	16,437	14,047	12,806	11,538	11,725	15,925
Shareholder's Equity	6.4%	24,342	22,878	23,585	24,201	23,690	23,146	24,328	22,074	23,420	23,423	23,199	22,653	22,673	22,469	22,418	21,950	22,201	21,851	22,017	21,531	20,817
Retained Earnings	-0.4%	9,816	9,856	9,655	9,416	9,159	8,748	8,346	8,209	7,978	7,648	7,314	6,866	6,445	6,189	6,068	6,011	6.00	6,229	5,959	5,672	5,385
Additional Paid-In Capital	0.1%	22,250	22,231	22,207	22,183	22,142	22,121	22,100	19,021	19,005	18,981	18,964	18,945	18,940	18,922	18,908	18,901	18,891	18,876	18,860	18,847	18,815
Shares Outstanding	0.0%	466	466	475	484	492	470	491	422	426	426	426	426	-	-	-	-	-	-	-	-	-
Float	-	-	-	12,304	-	-	-	17,591	-	-	-	19,475	-	-	-	10,733	-	-	-	16,146	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-33.5%	670	1,008	125	1,158	1,441	3,000	-1,876	1,554	1,105	1,280	580	-690	866	658	-86.00	-1,327	727	393	105	472	560
Share Based Compensation	-22.2%	14.00	18.00	22.00	33.00	16.00	16.00	19.00	33.00	12.00	12.00	13.00	22.00	14.00	11.00	2.00	21.00	-3.00	12.00	12.00	20.00	1.00
Cashflow From Investing	-41.1%	225	382	3,149	1,492	-158	883	-9,448	-3,914	-7,499	-1,284	-631	-1,072	-637	2,100	1,169	-8,768	-2,089	-498	183	-1,471	-2,014
Cashflow From Financing	-291.0%	-4,667	2,443	319	-5,223	1,104	-2,237	7,902	3,138	1,836	1,079	-1,968	3,689	3,288	-988	2,305	10,767	906	912	311	-639	1,537
Dividend Payments	0%	199	199	205	205	210	209	195	165	168	167	168	167	168	168	168	168	158	162	148	149	-
Buy Backs	-100.0%	-	243	259	404	151	-	2.00	-	200	-	-	95.00	-	-	-	270	400	500	120	200	300

CFG Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
INTEREST INCOME:
Interest and fees on loans and leases	$ 8,489	$ 5,968	$ 4,253
Interest and fees on loans held for sale	73	67	82
Interest and fees on other loans held for sale	29	57	13
Investment securities	1,162	840	487
Interest-bearing deposits in banks	451	128	16
Total interest income	10,204	7,060	4,851
INTEREST EXPENSE:
Deposits	3,145	651	160
Short-term borrowed funds	43	23	1
Long-term borrowed funds	775	374	178
Total interest expense	3,963	1,048	339
Net interest income	6,241	6,012	4,512
Provision (benefit) for credit losses	687	474	(411)
Net interest income after provision (benefit) for credit losses	5,554	5,538	4,923
NONINTEREST INCOME:
Service charges and fees	410	420	409
Capital markets fees	319	368	428
Card fees	296	273	250
Trust and investment services fees	259	249	239
Mortgage banking fees	242	261	434
Foreign exchange and derivative products	183	188	120
Letter of credit and loan fees	168	159	156
Securities gains, net	28	9	10
Other income	78	82	89
Total noninterest income	1,983	2,009	2,135
NONINTEREST EXPENSE:
Salaries and employee benefits	2,599	2,549	2,132
Equipment and software	756	648	610
Outside services	687	700	595
Occupancy	492	410	333
Other operating expense	973	585	411
Total noninterest expense	5,507	4,892	4,081
Income before income tax expense	2,030	2,655	2,977
Income tax expense	422	582	658
NET INCOME	1,608	2,073	2,319
Net income available to common stockholders	$ 1,491	$ 1,960	$ 2,206
Weighted-average common shares outstanding:
Basic (in shares)	475,089,384	475,959,815	425,669,451
Diluted (in shares)	476,693,148	477,803,142	427,435,818
Per common share information:
Basic earnings (in dollars per share)	$ 3.14	$ 4.12	$ 5.18
Diluted earnings (in dollars per share)	$ 3.13	$ 4.10	$ 5.16

CFG Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions

Dec. 31, 2023

Dec. 31, 2022

ASSETS:

Cash and due from banks

^[1]

$ 1,794

$ 1,489

Interest-bearing cash and due from banks

9,834

9,058

Interest-bearing deposits in banks

^[1]

405

303

Debt securities available for sale, at fair value (including $110 and $270 pledged to creditors, respectively)

^[2]

29,777

24,007

Debt securities held to maturity (fair value of $8,350 and $9,042, respectively, and including $204 and $110 pledged to creditors, respectively)

^[2]

9,184

9,834

Loans held for sale, at fair value

676

774

Other loans held for sale

103

208

Loans and leases

145,959

156,662

Less: Allowance for loan and lease losses

(2,098)

(1,983)

Net loans and leases

^[1]

143,861

154,679

Derivative assets

440

842

Premises and equipment, net

895

844

Bank-owned life insurance

3,291

3,236

Goodwill

8,188

8,173

Other intangible assets

^[3]

157

197

Other assets

^[1]

13,359

13,089

TOTAL ASSETS

221,964

226,733

Deposits:

Noninterest-bearing

37,107

49,283

Interest-bearing

140,235

131,441

Total deposits

177,342

180,724

Short-term borrowed funds

505

Derivative liabilities

1,562

1,909

Long-term borrowed funds

^[1]

13,467

15,887

Other liabilities

^[1]

4,746

4,520

TOTAL LIABILITIES

197,622

203,043

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, 2023 and 2022

2,014

Common stock:

$0.01 par value, 1,000,000,000 shares authorized; 647,829,720 shares issued and 466,418,055 shares outstanding at December 31, 2023 and 645,220,018 shares issued and 492,282,158 shares outstanding at December 31, 2022

Additional paid-in capital

22,250

22,142

Retained earnings

9,816

9,159

Treasury stock, at cost, 181,411,665 and 152,937,860 shares at December 31, 2023 and 2022, respectively

(5,986)

(5,071)

Accumulated other comprehensive income (loss)

(3,758)

(4,560)

TOTAL STOCKHOLDERS’ EQUITY

24,342

23,690

TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY

$ 221,964

$ 226,733

[1]	Includes amounts in consolidated VIEs. See Note 11 for additional information.
[2]	Includes only collateral pledged by the Company where counterparties have the right to sell or pledge the collateral.
[3]	Excludes MSRs, which are reported in Other assets.

About Citizens Financial Group Inc

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. 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.

CEO	Mr. Bruce Winfield Van Saun
WEBSITE	citizensbank.com
INDUSTRY	Banks Diversified
EMPLOYEES	18468

Citizens Financial Group Inc Frequently Asked Questions

What is the ticker symbol for Citizens Financial Group Inc? What does CFG stand for in stocks?

CFG is the stock ticker symbol of Citizens Financial Group Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Citizens Financial Group Inc (CFG)?

As of Tue Apr 16 2024, market cap of Citizens Financial Group Inc is 14.87 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CFG stock?

You can check CFG's fair value in chart for subscribers.

What is the fair value of CFG stock?

You can check CFG's fair value in chart for subscribers. The fair value of Citizens Financial Group Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Citizens Financial Group Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CFG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Citizens Financial Group Inc a good stock to buy?

The fair value guage provides a quick view whether CFG is over valued or under valued. Whether Citizens Financial Group Inc is cheap or expensive depends on the assumptions which impact Citizens Financial Group Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CFG.

What is Citizens Financial Group Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 16 2024, CFG's PE ratio (Price to Earnings) is 9.25 and Price to Sales (PS) ratio is 1.46. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CFG PE ratio will change depending on the future growth rate expectations of investors.