Citizens Financial Group (CFG)
(Delayed Data from NYSE)
$36.12 USD
+0.43 (1.20%)
Updated Jul 1, 2022 04:00 PM ET
3-Hold of 5 3
B Value F Growth C Momentum C VGM
Company Summary
Headquartered in Providence, RI, Citizens Financial Group, Inc. is one of the largest retail banks holding companies in the United States. Citizens Financial was acquired by the RBS Group in 1988 and was known as RBS Citizens Financial Group. However, Citizens Financial became a publicly-traded company through its September 2014 initial public offering. Citizens Financial offers retail and commercial banking products and services to individuals, institutions and companies. It operates approximately 1200 branches and around 3,000 Automated Teller Machines in 14 states across the New England, Mid-Atlantic and Midwest regions. The reportable segments are consumer banking, commercial banking and other.
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Company Summary
Headquartered in Providence, RI, Citizens Financial Group, Inc. is one of the largest retail banks holding companies in the United States. Citizens Financial was acquired by the RBS Group in 1988 and was known as RBS Citizens Financial Group. However, Citizens Financial became a publicly-traded company through its September 2014 initial public offering. Citizens Financial offers retail and commercial banking products and services to individuals, institutions and companies. It operates approximately 1200 branches and around 3,000 Automated Teller Machines in 14 states across the New England, Mid-Atlantic and Midwest regions. The reportable segments are consumer banking, commercial banking and other.
Consumer banking is focused on retail customers and small businesses with annual revenues of up to $25 million. It provides traditional banking products and services, including deposit products, mortgage lending, credit cards, auto financing, small business offerings as well as wealth management and investment services.
Commercial banking is mainly focused on companies with annual revenues from $25 million to more than $3 billion. The segment is engaged in offering financial products and solutions, including loans, leases, trade financing, deposits, treasury services, foreign exchange and interest rate products, corporate finance and capital markets advisory services. It covers middle-market companies, large corporations and institutions and has industry expertise in areas including government banking, healthcare, technology, oil & gas, commercial real estate and sponsor finance.
Other constitutes treasury activities, wholesale funding activities, non-core assets, and other unallocated assets, liabilities, revenues, provision for credit losses and expenses.
In April 2022, Citizens Financial completed the acquisition of Investors for $3.39 billion. In February 2022, it closed the buyout of 80 East Coast branches and the national online deposit business from HSBC Bank U.S.A, N.A. In November 2021, Citizens Financial closed the acquisition of JMP Group LLC. In September 2021, the company acquired Willamette Management Associates.
As of Mar 31, 2022, Citizens Financial reported $192.1 billion of assets, $131.3 billion of loans and leases, $158.8 billion of deposits, and $22.1 billion of shareholders' equity.
General Information
Citizens Financial Group, Inc
One Citizens Plaza
Providence, RI 02903
Phone: 203-900-6715
Fax: NA
Web: http://www.citizensbank.com
Email: cfginvestorrelations@citizensbank.com
| Industry | Financial - Savings and Loan |
| Sector | Finance |
| Fiscal Year End | December |
| Last Reported Quarter | 6/30/2022 |
| Earnings Date | 7/19/2022 |
EPS Information
| Current Quarter EPS Consensus Estimate | 0.93 |
| Current Year EPS Consensus Estimate | 4.58 |
| Estimated Long-Term EPS Growth Rate | NA |
| Earnings Date | 7/19/2022 |
Price and Volume Information
| Zacks Rank |  |
| Yesterday's Close | 35.69 |
| 52 Week High | 57.00 |
| 52 Week Low | 34.50 |
| Beta | 1.44 |
| 20 Day Moving Average | 5,146,577.00 |
| Target Price Consensus | 51.92 |
| 4 Week | -13.14 |
| 12 Week | -14.31 |
| YTD | -24.47 |
| 4 Week | -4.16 |
| 12 Week | 1.87 |
| YTD | -4.89 |
| Shares Outstanding (millions) | 495.45 |
| Market Capitalization (millions) | 17,682.47 |
| Short Ratio | NA |
| Last Split Date | NA |
| Dividend Yield | 4.37% |
| Annual Dividend | $1.56 |
| Payout Ratio | 0.31 |
| Change in Payout Ratio | -0.07 |
| Last Dividend Payout / Amount | 5/2/2022 / $0.39 |
Fundamental Ratios
| P/E (F1) | 7.79 |
| Trailing 12 Months | 7.12 |
| PEG Ratio | NA |
| vs. Previous Year | -24.11% |
| vs. Previous Quarter | -15.08% |
| vs. Previous Year | -2.67% |
| vs. Previous Quarter | -4.73% |
| Price/Book | 0.88 |
| Price/Cash Flow | 4.99 |
| Price / Sales | 2.55 |
| 3/31/22 | 10.69 |
| 12/31/21 | 11.32 |
| 9/30/21 | 10.99 |
| 3/31/22 | 1.19 |
| 12/31/21 | 1.28 |
| 9/30/21 | 1.24 |
| 3/31/22 | 0.89 |
| 12/31/21 | 0.90 |
| 9/30/21 | 0.91 |
| 3/31/22 | 0.88 |
| 12/31/21 | 0.88 |
| 9/30/21 | 0.89 |
| 3/31/22 | 32.38 |
| 12/31/21 | 34.31 |
| 9/30/21 | 32.89 |
| 3/31/22 | 30.67 |
| 12/31/21 | 33.19 |
| 9/30/21 | 31.99 |
| 3/31/22 | 39.37 |
| 12/31/21 | 42.61 |
| 9/30/21 | 40.81 |
| 3/31/22 | 40.49 |
| 12/31/21 | 50.71 |
| 9/30/21 | 50.23 |
| 3/31/22 | 0.04 |
| 12/31/21 | 0.04 |
| 9/30/21 | 0.05 |
| 3/31/22 | 0.29 |
| 12/31/21 | 0.32 |
| 9/30/21 | 0.32 |
| 3/31/22 | 21.07 |
| 12/31/21 | 22.84 |
| 9/30/21 | 22.88 |