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Citizens Financial Group Inc Stock Research

CFG

26.97USD-0.55(-2.00%)Market Closed
Watchlist

Market Summary

USD26.97-0.55
Market Closed
-2.00%

CFG Alerts

  • Big jump in Revenue (Y/Y)

CFG Stock Price

CFG RSI Chart

CFG Valuation

Market Cap

12.8B

Price/Earnings (Trailing)

5.62

Price/Sales (Trailing)

1.4

EV/EBITDA

1.54

Price/Free Cashflow

2.24

CFG Price/Sales (Trailing)

CFG Profitability

EBT Margin

33.74%

Return on Equity

8.94%

Return on Assets

0.97%

Free Cashflow Yield

44.71%

CFG Fundamentals

CFG Revenue

Revenue (TTM)

9.2B

Revenue Y/Y

55.66%

Revenue Q/Q

5.37%

CFG Earnings

Earnings (TTM)

2.3B

Earnings Y/Y

31.32%

Earnings Q/Q

-6.46%

Price Action

52 Week Range

23.3744.82
(Low)(High)

Last 7 days

0.3%

Last 30 days

0.3%

Last 90 days

5.6%

Trailing 12 Months

-24.5%

CFG Financial Health

Debt/Equity

0.78

Debt/Cashflow

0.2

CFG Investor Care

Buy Backs (1Y)

3.42%

Diluted EPS (TTM)

4.41

Historical Charts for Stock Metrics

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

Latest Insider Trading transactions for CFG

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-08-16
ZURAITIS MARITA
acquired
-
-
414
-
2023-08-16
Alexander Lee
acquired
-
-
187
-
2023-08-16
Lillis Terrance
acquired
-
-
366
-
2023-08-16
Cumming Christine M
acquired
-
-
414
-
2023-08-16
Swift Christopher
acquired
-
-
187
-
2023-08-16
Watson Wendy A.
acquired
-
-
414
-
2023-08-16
Subramaniam Shivan S.
acquired
-
-
414
-
2023-08-16
Leary Robert G
acquired
-
-
286
-
2023-08-16
KELLY EDWARD J III
acquired
-
-
366
-
2023-08-16
HANKOWSKY WILLIAM P
acquired
-
-
414
-

1–10 of 50

Which funds bought or sold CFG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-18
WASHINGTON CAPITAL MANAGEMENT, INC
sold off
-100
-439,606
-
-%
2023-09-12
Farther Finance Advisors, LLC
added
36.00
2,932
20,395
-%
2023-08-23
Stonebridge Capital Advisors LLC
new
-
2,999
2,999
-%
2023-08-22
Asset Dedication, LLC
added
24.85
2,000
27,000
-%
2023-08-22
COMERICA BANK
new
-
654,000
654,000
0.07%
2023-08-22
VIRGINIA RETIREMENT SYSTEMS ET AL
sold off
-100
-2,523,750
-
-%
2023-08-21
OSAIC HOLDINGS, INC.
reduced
-3.21
-904,546
4,583,100
0.01%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-2.63
-4,112,750
20,986,600
0.03%
2023-08-21
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
reduced
-0.11
-2,963,000
17,882,000
0.17%
2023-08-17
Coppell Advisory Solutions LLC
new
-
493
493
-%

1–10 of 46

Latest Funds Activity

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

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

Recent SEC filings of Citizens Financial Group

View All Filings
Date Filed Form Type Document
Sep 11, 2023
8-K
Current Report
Aug 17, 2023
4
Insider Trading
Aug 17, 2023
4
Insider Trading
Aug 17, 2023
4
Insider Trading
Aug 17, 2023
4
Insider Trading
Aug 17, 2023
4
Insider Trading
Aug 17, 2023
4
Insider Trading
Aug 17, 2023
4
Insider Trading
Aug 17, 2023
4
Insider Trading
Aug 17, 2023
4
Insider Trading

Peers (Alternatives to Citizens Financial Group)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
20.9B
8.7B
-1.38% -32.35%
8.85
2.41
100.15% 54.41%
12.8B
9.2B
0.29% -24.46%
5.62
1.4
73.93% 23.54%
-
52.8B
4.54% -8.53%
-
-
75.37% -22.59%
MID-CAP
7.5B
3.1B
-2.25% -26.84%
5.95
2.41
76.92% 34.85%
6.3B
5.7B
-67.21% -80.32%
3.9
1.11
72.48% -22.38%
5.9B
1.2B
-3.13% -31.96%
12.1
5.41
37.52% 6.42%
5.1B
1.3B
-2.53% -22.31%
10.54
4.01
25.01% -4.12%
5.0B
3.6B
-3.95% -35.06%
5.41
1.38
80.76% -6.95%
4.5B
2.9B
-4.67% -20.03%
4.5
1.54
33.47% 12.81%
3.8B
484.4M
-11.16% -40.88%
16.62
8.4
23.51% -4.02%
SMALL-CAP
1.8B
550.8M
-3.82% -32.67%
19.11
3.34
78.17% -14.54%
1.4B
520.2M
-3.15% -31.64%
7.29
2.78
22.03% 3.58%
1.2B
301.6M
-16.70% -42.42%
12.38
3.83
51.36% -4.43%
1.2B
833.0M
-4.94% -34.83%
5.79
1.82
41.81% 9.45%

Citizens Financial Group News

InvestorsObserver
Is Citizens Financial Group Inc (CFG) a Smart Choice in Banks - Regional Thursday?.
InvestorsObserver,
7 hours ago
StreetInsider.com
Form 253G2 Rise Companies Corp.
StreetInsider.com,
36 hours ago
Investing.com México
Marketscreener.com

Returns for CFG

Cumulative Returns on CFG

5.0%


7-Year Cumulative Returns

-4.3%


5-Year Cumulative Returns

3.5%


3-Year Cumulative Returns

Risks for CFG

What is the probability of a big loss on CFG?

77.7%


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

60.8%


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

27.3%


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

Financials for Citizens Financial Group

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue11.0%9,1548,2497,0606,0105,2634,8484,8514,8984,9565,0955,3575,6095,8676,0976,1896,2306,1696,0005,7585,5075,294
EBITDA-100.0%-9,9079,2328,5747,7277,8148,1147,9867,6337,0956,4516,4696,7227,0357,487------
EBITDA Margin-100.0%-1.20*1.31*1.43*1.47*1.61*1.67*1.63*1.54*1.39*1.20*1.15*1.15*1.15*1.21*------
Interest Expenses1.3%6,5916,5086,0125,4434,9234,5424,5124,5154,5074,5434,5864,6004,6084,6144,6144,6434,6464,6014,5324,4404,354
Earnings Before Taxes4.8%2,9172,7832,6552,5112,3792,7322,9772,8642,5582,0341,2981,2681,4571,7302,2512,2672,2792,2482,1832,1292,066
EBT Margin-100.0%-0.34*0.38*0.42*0.41*0.56*0.61*0.58*0.52*0.40*0.24*0.23*0.25*0.28*0.36*------
Net Income5.3%2,2782,1642,0731,9501,8442,1282,3192,2452,0291,6341,0571,0511,1861,3861,7911,8061,8001,7721,7211,9221,827
Net Income Margin-100.0%-0.26*0.29*0.32*0.35*0.44*0.48*0.46*0.41*0.32*0.20*0.19*0.20*0.23*0.29*------
Free Cashflow-100.0%-3,7234,1193,7832,0634,5192,2752,0361,414622-15.00-154-419-2281,571------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets0.4%223,066222,256226,733224,684226,712192,097188,409187,007185,104187,217183,349179,228179,874176,719165,733164,362162,749161,342160,518158,598155,431
    Cash Equivalents45.1%11,5677,97410,5478,1606,5149,9369,15813,71612,64114,66012,7339,2167,4464,0583,3863,8423,0352,4364,0743,9913,865
  Net PPE1.2%876866844827885793768732735743759747751746761747740746791753720
  Goodwill0.1%8,1888,1778,1738,1608,0818737,1167,0657,0507,0507,0507,0507,0507,0507,0447,0447,0407,0406,9236,9466,887
Liabilities0.7%199,481198,055203,043201,538202,384170,023164,989163,584161,905164,564160,676156,759157,456154,769143,532142,511140,732139,811139,701138,322134,964
  Short Term Borrowings9.9%1,0991,0003.002633,80025.0074.008.0062.0070.002432522551,059274------
  Long Term Debt-25.2%14,10018,85515,88716,28614,4405,8946,9326,9476,9578,3168,3469,1099,20216,43714,04712,80611,53811,72515,92515,63913,641
Shareholder's Equity-2.5%23,58524,20123,69023,14624,32822,07423,42023,42323,19922,65322,67322,46922,41821,95022,20121,85122,01721,53120,81720,27620,467
  Retained Earnings2.5%9,6559,4169,1598,7488,3468,2097,9787,6487,3146,8666,4456,1896,0686,0116,4986,2295,9595,6725,3855,0624,755
  Additional Paid-In Capital0.1%22,20722,18322,14222,12122,10019,02119,00518,98118,96418,94518,94018,92218,90818,90118,89118,87618,86018,84718,81518,81618,806
Shares Outstanding-1.9%475484492496491422422426426426427427427428433446458461466476485
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations53.7%5,7243,7234,1193,7832,0634,5192,2752,0361,414748111-28.00-293-1021,6971,5309291,5351,7671,6402,761
  Share Based Compensation3.6%87.0084.0084.0080.0076.0070.0059.0061.0060.0049.0048.0031.0032.0042.0041.0045.0045.0043.0041.0053.0049.00
Cashflow From Investing174.2%5,366-7,231-12,637-19,978-22,145-13,328-10,486-3,624-2401,560-6,136-7,588-10,186-11,172-3,875-3,800-4,992-7,430-7,077-5,123-5,472
Cashflow From Financing-490.5%-6,0371,5469,90710,63913,9554,0854,6366,0884,0218,29415,37212,99014,89012,8961,4902,1213,2334,4726,3525,3542,409
  Dividend Payments1.2%829819779737695668670670671671672662656636617612594596471--
  Buy Backs46.1%81455715320220220029595.0095.0095.002706701,1701,2901,2201,1201,0201,0501,0251,060885

CFG Income Statement

2023-06-30
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
INTEREST INCOME:    
Interest and fees on loans and leases$ 2,132$ 1,370$ 4,179$ 2,418
Interest and fees on loans held for sale20173533
Interest and fees on other loans held for sale12251732
Investment securities267201533339
Interest-bearing deposits in banks1001316917
Total interest income2,5311,6264,9332,839
INTEREST EXPENSE:    
Deposits723541,27379
Short-term borrowed funds22102810
Long-term borrowed funds1985740198
Total interest expense9431211,702187
Net interest income1,5881,5053,2312,652
Provision (benefit) for credit losses176216344219
Net interest income after provision (benefit) for credit losses1,4121,2892,8872,433
NONINTEREST INCOME:    
Service charges and fees101108201206
Capital markets fees8288165181
Card fees8071152131
Mortgage banking fees5972116141
Trust and investment services fees6566128127
Foreign exchange and derivative products446092111
Letter of credit and loan fees43408378
Securities gains, net91145
Other income23(12)4012
Total noninterest income506494991992
NONINTEREST EXPENSE:    
Salaries and employee benefits6156831,2731,277
Outside services177189353358
Equipment and software181169350319
Occupancy136111260194
Other operating expense197153366263
Total noninterest expense1,3061,3052,6022,411
Income before income tax expense6124781,2761,014
Income tax expense134114287230
NET INCOME478364989784
Net income available to common stockholders$ 444$ 332$ 932$ 728
Weighted-average common shares outstanding:    
Basic (in Shares)479,470,543491,497,026482,440,926457,140,258
Diluted (in Shares)480,975,281493,296,114484,252,103459,167,747
Per common share information:    
Basic earnings (in dollars per share)$ 0.93$ 0.68$ 1.93$ 1.59
Diluted earnings (in dollars per Share)$ 0.92$ 0.67$ 1.92$ 1.58

CFG Balance Sheet

2023-06-30
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
ASSETS:  
Cash and due from banks[1]$ 1,689$ 1,489
Interest-bearing cash and due from banks9,8789,058
Interest-bearing deposits in banks284303
Debt securities available for sale, at fair value (including $1,393 and $270 pledged to creditors, respectively)[2]24,75524,007
Debt securities held to maturity (fair value of $8,728 and $9,042 respectively, and including $179 and $110 pledged to creditors, respectively)[2]9,5209,834
Loans held for sale, at fair value1,225774
Other loans held for sale196208
Loans and leases[1]151,320156,662
Less: Allowance for loan and lease losses(2,044)(1,983)
Net loans and leases149,276154,679
Derivative assets719842
Premises and equipment, net876844
Bank-owned life insurance3,2633,236
Goodwill8,1888,173
Other intangible assets[3]175197
Other assets[1]13,02213,089
TOTAL ASSETS223,066226,733
Deposits:  
Noninterest-bearing40,28649,283
Interest-bearing137,381131,441
Total deposits177,667180,724
Short-term borrowed funds1,0993
Derivative liabilities2,2701,909
Long-term borrowed funds[1]14,10015,887
Other liabilities[1]4,3454,520
TOTAL LIABILITIES199,481203,043
Commitments and Contingencies (refer to Note 11)
Preferred stock:  
$25.00 par value,100,000,000 shares authorized; 2,050,000 shares issued and outstanding at June 30, 2023 and December 31, 20222,0142,014
Common stock:  
$0.01 par value, 1,000,000,000 shares authorized; 647,357,402 shares issued and 474,682,759 shares outstanding at June 30, 2023 and 645,220,018 shares issued and 492,282,158 shares outstanding at December 31, 202266
Additional paid-in capital22,20722,142
Retained earnings9,6559,159
Treasury stock, at cost, 172,674,643 and 152,937,860 shares at June 30, 2023 and December 31, 2022, respectively(5,734)(5,071)
Accumulated other comprehensive income (loss)(4,563)(4,560)
TOTAL STOCKHOLDERS’ EQUITY23,58523,690
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY$ 223,066$ 226,733
[1]Includes amounts in consolidated VIEs. See Note 6 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.
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.