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

35.94USD+0.37 (+1.04%)Market Closed

Market Summary

USD35.94+0.37

Market Closed

1.04%

CFG Alerts

1 major insider sales recently.

Big fall in earnings (Y/Y)

CFG Stock Price

View Fullscreen

CFG RSI Chart

CFG Valuation

Market Cap

16.2B

Price/Earnings (Trailing)

11.31

Price/Sales (Trailing)

1.55

EV/EBITDA

2.22

Price/Free Cashflow

6.87

CFG Price/Sales (Trailing)

CFG Profitability

EBT Margin

17.25%

Return on Equity

6.02%

Return on Assets

0.65%

Free Cashflow Yield

14.56%

CFG Fundamentals

CFG Revenue

Revenue (TTM)

10.4B

Rev. Growth (Yr)

8.66%

Rev. Growth (Qtr)

-2.47%

CFG Earnings

Earnings (TTM)

1.4B

Earnings Growth (Yr)

-34.64%

Earnings Growth (Qtr)

76.72%

Breaking Down CFG Revenue

52 Week Range

24.5336.03

(Low)(High)

Last 7 days

4.3%

Last 30 days

4.7%

Last 90 days

13.6%

Trailing 12 Months

38.1%

How does CFG drawdown profile look like?

CFG Financial Health

Debt/Equity

0.58

Debt/Cashflow

0.17

CFG Investor Care

Dividend Yield

2.49%

Dividend/Share (TTM)

0.89

Buy Backs (1Y)

5.99%

Diluted EPS (TTM)

2.78

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
2024	10.4B	0	0	0
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
Apr 25, 2024	cumming christine m	acquired	-	-	4,428	-
Apr 25, 2024	atkinson tracy a	acquired	-	-	4,428	-
Apr 25, 2024	watson wendy a.	acquired	-	-	4,428	-
Apr 25, 2024	swift christopher	acquired	-	-	4,428	-
Apr 25, 2024	alexander lee	acquired	-	-	4,428	-
Apr 25, 2024	lillis terrance	acquired	-	-	4,428	-
Apr 25, 2024	hankowsky william p	acquired	-	-	4,428	-
Apr 25, 2024	siekerka michele n	acquired	-	-	4,428	-
Apr 25, 2024	leary robert g	acquired	-	-	4,428	-
Apr 25, 2024	kelly edward j iii	acquired	-	-	4,428	-

Which funds bought or sold CFG recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	TEXAS PERMANENT SCHOOL FUND CORP	added	0.4	316,162	3,496,540	0.03%
May 06, 2024	LSV ASSET MANAGEMENT	reduced	-0.57	19,143,000	234,705,000	0.49%
May 06, 2024	Manchester Capital Management LLC	added	257	6,377	8,565	-%
May 06, 2024	ORG Partners LLC	new	-	733	733	-%
May 06, 2024	IFG Advisory, LLC	sold off	-100	-353,364	-	-%
May 06, 2024	Investors Research Corp	unchanged	-	457	5,262	-%
May 06, 2024	NEW YORK LIFE INVESTMENT MANAGEMENT LLC	reduced	-3.73	131,886	2,563,240	0.03%
May 06, 2024	Metis Global Partners, LLC	reduced	-2.03	36,936	543,878	0.02%
May 06, 2024	AIA Group Ltd	new	-	1,663,500	1,663,500	0.05%
May 06, 2024	Quantbot Technologies LP	sold off	-100	-3,241,190	-	-%

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
May 06, 2024	10-Q	Quarterly Report
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading
Apr 26, 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	550.7B	174.7B	-2.88%	39.91%	10.94	3.15	53.11%	19.83%
BAC	296.0B	127.4B	1.99%	36.69%	11.83	2.15	56.12%	-12.56%
WFC	210.0B	85.8B	4.95%	56.96%	11.19	2.45	35.02%	26.14%
C	118.3B	125.0B	0.65%	33.74%	14.8	0.95	37.85%	-
CFG	16.2B	10.4B	4.71%	38.12%	11.31	1.55	26.22%	-33.87%
KEY	14.1B	8.1B	-0.80%	54.34%	16.12	1.73	32.15%	-50.93%
MID-CAP
CMA	7.1B	4.2B	1.12%	47.25%	10.15	1.66	34.68%	-45.96%
ZION	6.5B	3.9B	4.13%	80.63%	9.55	1.64	45.91%	-25.03%
ABCB	3.4B	1.3B	5.29%	67.41%	12.7	2.67	43.24%	-22.35%
ASB	3.3B	1.8B	5.37%	45.89%	20.77	1.64	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	399.1M	152.4M	-3.36%	49.04%	40.14	2.62	16.94%	-73.84%
AROW	389.7M	162.6M	0.47%	17.60%	12.96	2.4	25.39%	-38.37%
ACNB	273.7M	96.6M	-5.55%	16.05%	8.64	2.83	11.02%	-11.37%
ASRV	40.3M	60.9M	-4.84%	-16.90%	-12.04	0.66	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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-2.5%	2,610	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
EBITDA Margin	-7.0%	0.80*	0.86*	0.98*	1.09*	1.20*	1.31*	1.43*	1.51*	1.61*	1.67*	1.63*	1.54*	-	-	-	-	-	-	-	-	-
Interest Expenses	-3.1%	1,442	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
Income Taxes	500.0%	96.00	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
Earnings Before Taxes	109.8%	430	205	549	612	664	828	813	478	536	684	681	831	781	571	375	307	45.00	541	564	580	566
EBT Margin	-13.3%	0.17*	0.20*	0.27*	0.32*	0.34*	0.38*	0.42*	0.45*	0.56*	0.61*	0.58*	0.52*	-	-	-	-	-	-	-	-	-
Net Income	76.7%	334	189	430	478	511	653	636	364	420	530	530	648	611	456	314	253	34.00	450	449	453	439
Net Income Margin	-12.8%	0.14*	0.16*	0.21*	0.25*	0.26*	0.29*	0.32*	0.35*	0.44*	0.48*	0.46*	0.41*	-	-	-	-	-	-	-	-	-
Free Cashflow	-17.3%	554	670	1,008	125	1,158	1,441	3,000	-1,876	1,554	1,105	1,280	580	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-0.7%	220,448	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
Cash Equivalents	-0.2%	11,599	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
Net PPE	-2.6%	872	895	878	876	866	844	827	885	793	768	732	735	743	759	747	751	746	761	747	740	746
Goodwill	0%	8,188	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
Liabilities	-0.5%	196,687	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
Short Term Borrowings	-98.2%	9.00	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	2.5%	13,804	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
Shareholder's Equity	-2.4%	23,761	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
Retained Earnings	1.1%	9,923	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
Additional Paid-In Capital	0.1%	22,272	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
Shares Outstanding	-1.7%	458	466	466	475	484	492	470	491	422	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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-17.3%	554	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
Share Based Compensation	-100.0%	-	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
Cashflow From Investing	361.8%	1,039	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
Cashflow From Financing	65.2%	-1,622	-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
Dividend Payments	-1.0%	197	199	199	205	205	210	209	195	165	168	167	168	167	168	168	168	168	158	162	148	149
Buy Backs	-	300	-	243	259	404	151	-	2.00	-	200	-	-	95.00	-	-	-	270	400	500	120	200

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

CFG Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
INTEREST INCOME:
Interest and fees on loans and leases	$ 2,051	$ 2,047
Interest and fees on loans held for sale	14	15
Interest and fees on other loans held for sale	6	5
Investment securities	399	266
Interest-bearing deposits in banks	140	69
Total interest income	2,610	2,402
INTEREST EXPENSE:
Deposits	987	550
Short-term borrowed funds	7	6
Long-term borrowed funds	174	203
Total interest expense	1,168	759
Net interest income	1,442	1,643
Provision (benefit) for credit losses	171	168
Net interest income after provision (benefit) for credit losses	1,271	1,475
NONINTEREST INCOME:
Service charges and fees	96	100
Capital markets fees	118	83
Card fees	86	72
Trust and investment services fees	68	63
Mortgage banking fees	49	57
Foreign exchange and derivative products	36	48
Letter of credit and loan fees	42	40
Securities gains, net	5	5
Other income	17	17
Total noninterest income	517	485
NONINTEREST EXPENSE:
Salaries and employee benefits	691	658
Equipment and software	192	169
Outside services	158	176
Occupancy	114	124
Other operating expense	203	169
Total noninterest expense	1,358	1,296
Income before income tax expense	430	664
Income tax expense	96	153
NET INCOME	334	511
Net income available to common stockholders	$ 304	$ 488
Weighted-average common shares outstanding:
Basic (in Shares)	461,358,681	485,444,313
Diluted (in Shares)	463,797,964	487,712,146
Per common share information:
Basic earnings (in dollars per share)	$ 0.66	$ 1.00
Diluted earnings (in dollars per Share)	$ 0.65	$ 1.00

CFG Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions

Mar. 31, 2024

Dec. 31, 2023

ASSETS:

Cash and due from banks

^[1]

$ 1,098

$ 1,794

Interest-bearing cash and due from banks

10,501

9,834

Interest-bearing deposits in banks

392

405

Debt securities available for sale, at fair value (including $80 and $110 pledged to creditors, respectively)

^[2]

31,187

29,777

Debt securities held to maturity (fair value of $8,132 and $8,350 respectively, and including $183 and $204 pledged to creditors, respectively)

^[2]

9,054

9,184

Loans held for sale, at fair value

505

676

Other loans held for sale

103

Loans and leases

143,188

145,959

Less: Allowance for loan and lease losses

(2,086)

(2,098)

Net loans and leases

^[1]

141,102

143,861

Derivative assets

469

440

Premises and equipment, net

872

895

Bank-owned life insurance

3,311

3,291

Goodwill

8,188

Other intangible assets

^[3]

148

157

Other assets

^[1]

13,571

13,359

TOTAL ASSETS

220,448

221,964

Deposits:

Noninterest-bearing

36,593

37,107

Interest-bearing

139,835

140,235

Total deposits

176,428

177,342

Short-term borrowed funds

505

Derivative liabilities

1,705

1,562

Long-term borrowed funds

^[1]

13,804

13,467

Other liabilities

^[1]

4,741

4,746

TOTAL LIABILITIES

196,687

197,622

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 March 31, 2024 and December 31, 2023

2,014

Common stock:

$0.01 par value, 1,000,000,000 shares authorized; 649,141,636 shares issued and 458,485,032 shares outstanding at March 31, 2024 and 647,829,720 shares issued and 466,418,055 shares outstanding at December 31, 2023

Additional paid-in capital

22,272

22,250

Retained earnings

9,923

9,816

Treasury stock, at cost, 190,656,604 and 181,411,665 shares at March 31, 2024 and December 31, 2023, respectively

(6,290)

(5,986)

Accumulated other comprehensive income (loss)

(4,164)

(3,758)

TOTAL STOCKHOLDERS’ EQUITY

23,761

24,342

TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY

$ 220,448

$ 221,964

[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.

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 May 07 2024, market cap of Citizens Financial Group Inc is 16.19 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 May 07 2024, CFG's PE ratio (Price to Earnings) is 11.31 and Price to Sales (PS) ratio is 1.55. 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.