| Market cap | $16.33B |
|---|---|
| Enterprise value | $15.82B |
| Revenue | $7.365B |
|---|---|
| EBITDA | $2.258B |
| Income | $1.307B |
| Revenue Q/Q | -8.78% |
| Revenue Y/Y | -6.36% |
| P/E | 12.74 |
|---|---|
| Forward P/E | 6.88 |
| EV/Sales | 2.15 |
| EV/EBITDA | 7.01 |
| EV/EBIT | 9.46 |
| PEG | 0.27 |
| Price/Sales | 2.22 |
| P/FCF | 7.33 |
| Price/Book | 0.67 |
| Book/Share | 52.99 |
| Cash/Share | N/A |
| FCF yield | 13.64% |
| Volume | 5.206M / N/A |
|---|---|
| Relative vol. | N/A |
| EPS | 2.79 |
|---|---|
| EPS Q/Q | 4.24% |
| Est. EPS Q/Q | 12.82% |
| Profit margin | 19.78% |
|---|---|
| Oper. margin | 24.39% |
| Gross margin | 100.00% |
| EBIT margin | 22.70% |
| EBITDA margin | 30.66% |
| Ret. on assets | 0.59% |
|---|---|
| Ret. on equity | 5.53% |
| ROIC | 0.85% |
| ROCE | 0.76% |
| Debt/Equity | 8.12 |
|---|---|
| Net debt/EBITDA | 3.97 |
| Current ratio | 0.04 |
| Quick ratio | N/A |
| Volatility | 2.27% |
|---|---|
| Beta | 1.40 |
| RSI | 53.24 |
|---|
| Insider ownership | 0.41% |
|---|---|
| Inst. ownership | 85.25% |
| Shares outst. | 455.020M |
|---|---|
| Shares float | 0.000 0.00% |
| Short % of float | 1.16% |
| Short ratio | 1.07 |
| Dividend | $1.68 |
|---|---|
| Dividend yield | 4.77% |
| Payout ratio | 60.22% |
| Payment date | N/A |
| Ex-dividend date | N/A |
| Earnings date | 17 Jul 2024 |
Tuesday, 25 June 2024
|
|
| Citizens Financial Group Announces Second Quarter 2024 Earnings Conference Call Details | |
Wednesday, 8 May 2024
|
|
| Citizens Financial Group to Participate in the Bernstein 40th Annual Strategic Decisions Conference 2024 | |
Monday, 29 April 2024
|
|
| Citizens Financial Group Inc's Dividend Analysis | |
Sunday, 28 April 2024
|
|
| 20 States with the Highest Student Loan Debt | |
Wednesday, 17 April 2024
|
|
| Market Reaction To Bank Earnings Is Mixed, JPMorgan Analysts Project Further Decline In Net Interest Income | |
| Citizens Financial profit slips on weaker interest income | |
Sunday, 14 April 2024
|
|
| US Regional Banks Dramatically Step Up Loans to Oil and Gas | |
Tuesday, 20 February 2024
|
|
| Citizens Financial Group to Participate at the 2024 RBC Capital Markets Financial Institutions Conference | |
Thursday, 8 February 2024
|
|
| Citizens fast-tracks wealth and private bank growth with new hires, office | |
Monday, 5 February 2024
|
|
| Citi sees opportunity in US bank stocks to 'play offense' after recent turmoil | |
Wednesday, 17 January 2024
|
|
| Citizens Financial fourth-quarter profit falls on FDIC charge | |
| Citizens Financial Group, Inc. Reports Fourth Quarter 2023 Net Income of $189 million and EPS of $0.34 | |
Wednesday, 10 January 2024
|
|
| Citizens M&A Outlook Finds Surging Enthusiasm Supported by Unexpected Factors | |
Friday, 29 December 2023
|
|
| Banks Aren’t Fighting Private Credit—They’re Enabling It | |
Tuesday, 19 December 2023
|
|
| Citizens Financial Under Spotlight for Its Dividend Yield | |
Thursday, 14 December 2023
|
|
| Bank Stocks Cheer for Lower Rates | |
| Bank Stocks Soar as Fed Signals Three Rate Cuts for 2024 | |
Wednesday, 13 December 2023
|
|
| Citizens Survey Finds Mid-Size Companies, Private Equity Firms are Embracing Artificial Intelligence | |
Tuesday, 12 December 2023
|
|
| Citizens Rolls Out Sustainably Manufactured Mastercard Debit and ATM Cards | |
Monday, 11 December 2023
|
|
| JPMorgan Struggles to Form Private Credit Syndicate | |
Saturday, 9 December 2023
|
|
| Is It Smart To Buy Citizens Financial Services, Inc. Before It Goes Ex-Dividend? | |
Tuesday, 5 December 2023
|
|
| Citizens Financial Explores Private Credit Partnership | |
Thursday, 23 November 2023
|
|
| Billionaire Paul Tudor Jones and Insiders Love These Stocks | |
Monday, 30 October 2023
|
|
| Bond King Bill Gross Is Staying Away From Regional Bank Stocks. Except for These 3. | |
| Citizens Business Conditions Index™ Rebounds Slightly in Q3 | |
Thursday, 19 October 2023
|
|
| Citizens Private Bank Wants to Woo Wealthy Clients of Failed Lenders | |
| Insider |
Trans.
Transaction
|
Total value |
|---|---|---|
| Craig Jack Read Controller | Sale 19 Apr 2024 | $213,220 |
| Craig Jack Read Controller | Sale 5 Mar 2024 | $151,198 |
| Terrance Lillis Director | Buy 27 Oct 2023 | $22,870 |
| Terrance Lillis Director | Buy 17 May 2023 | $26,390 |
| Shivan S. Subramaniam Director | Buy 21 Apr 2023 | $95,007 |
| Kevin Cummings Director | Option 10 Feb 2023 | $3,476,109 |
| Kevin Cummings Director | Option 7 Feb 2023 | $3,110,518 |
| Terrance Lillis Director | Buy 26 Apr 2022 | $41,310 |
| Brendan Coughlin Head of Consumer Banking | Sale 11 Dec 2020 | $424,200 |
| William P Hankowsky Director | Buy 7 May 2020 | $3,506 |
| Charles John Koch Director | Buy 21 Apr 2020 | $488,250 |
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Price target
Current $35.55
Average $32.05
Low $27
High $37
Dividends
| Ex-dividend date | N/A | Frequency | Quarterly | Annual dividend | -89.33% |
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 4.77% | Growth period | N/A |
| Last dividend date | Yield 3 years | 16.61% | Growth 3 years | +2.50% | |
| Last dividend | Yield 5 years | 11.50% | Growth 5 years | +11.38% |
| Insider | Age | Since | Compensation |
|---|---|---|---|
| Bruce Van Saun (62) Chairman of the Board and Chief Executive Officer since 2013 | 62 | 2013 | $9,898,440 |
| Donald McCree (58) Vice Chairman - Commercial Banking since 2015 | 58 | 2015 | $4,023,050 |
| John Woods (55) Vice Chairman of the Board and Chief Financial Officer since 2019 | 55 | 2019 | $3,771,090 |
| Malcolm Griggs (59) Executive Vice President and Chief Risk Officer since 2016 | 59 | 2016 | $2,220,780 |
| Stephen Gannon (67) Executive Vice President, General Counsel, and Chief Legal Officer since 2014 | 67 | 2014 | $2,015,560 |
| Donald H. McCree III (59) Vice Chairman and Head of Commercial Banking Division | 59 | $1,594,700 | |
| John F. Woods (57) Vice Chairman and CFO | 57 | $1,587,001 | |
| Malcolm D. Griggs (60) Chief Legal, Risk Officer, and Gen. Counsel | 60 | $1,172,792 | |
| Susan LaMonica (59) Exec. VP and Chief HR Officer | 59 | $1,162,792 | |
| Shivan Subramaniam (71) Independent Director since 2014 | 71 | 2014 | $279,612 |
| Wendy Watson (71) Independent Director since 2014 | 71 | 2014 | $277,945 |
| Charles Koch (73) Independent Director since 2014 | 73 | 2014 | $267,945 |
| Leo Higdon (73) Independent Director since 2014 | 73 | 2014 | $259,612 |
| Terrance Lillis (67) Independent Director since 2019 | 67 | 2019 | $258,611 |
| Edward Kelly (67) Independent Director since 2019 | 67 | 2019 | $244,444 |
| Howard Hanna (72) Independent Director since 2014 | 72 | 2014 | $242,945 |
| William Hankowsky (68) Independent Director since 2014 | 68 | 2014 | $237,945 |
| Marita Zuraitis (59) Independent Director since 2014 | 59 | 2014 | $227,945 |
| Christine Cumming (67) Independent Director since 2015 | 67 | 2015 | $227,945 |
| Beth Johnson (48) Executive Vice President and Chief Experience Officer since 2020 | 48 | 2020 | |
| Brendan Coughlin (40) Executive Vice President and Head of Consumer Banking since 2020 | 40 | 2020 | |
| Mary Baker (61) Executive Vice President and Head of Business Services since 2016 | 61 | 2016 | |
| C. Jack Read (51) Executive Vice President, Chief Accounting Officer, and Controller since 2018 | 51 | 2018 | |
| Susan LaMonica (58) Chief Human Resource Officer and Executive Vice President since 2020 | 58 | 2020 | |
| Anthony Borzaro Jr. | |||
| Barbara S. Cottam | |||
| Scott Essex | |||
| Kristin Silberberg | |||
| Michael Ruttledge | |||
| Theodore C. Swimmer | |||
| Craig Jack Read (52) Exec. VP, Chief Accounting Officer, and Controller | 52 | ||
| Bruce Winfield Van Saun (64) CEO and Chairman | 64 |
citizens bank is one of the oldest and largest financial services firms in the united states. headquartered in providence, rhode island, where its roots date back to 1828, citizens offers retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. with award-winning mobile apps, robust online offerings, a 24/7 customer contact center, the convenience of approximately 3,200 atms and 1,200 branches in 11 states, citizens is helping retail customers bank better every day. citizens’ mortgage lending, auto lending, student lending and commercial banking businesses operate in select additional markets. citizens commercial banking offers its corporate, not-for-profit and institutional clients a broad range of wholesale banking products and services including treasury services, specialty finance, foreign exchange, capital markets and debt syndication. when you join citizens bank, you’ll find a customer-cent
- Finance > Regional Banks
- Citizens Financial Group Inc, One Citizens Plaza, Providence 02903, United States
- 401-456-7000
- Investor relations
Dividends
| Ex-dividend date | N/A | Frequency | Quarterly | Annual dividend | -89.33% |
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 4.77% | Growth period | N/A |
| Last dividend date | Yield 3 years | 16.61% | Growth 3 years | +2.50% | |
| Last dividend | Yield 5 years | 11.50% | Growth 5 years | +11.38% |
Quarterly EPS estimates
Profit margin
Debt to assets
Cash flow
Balance sheet
XSLX
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Current assets | |||||
| Cash | $11,991 | $12,033 | |||
| Short term investments | |||||
| Net receivables | |||||
| Inventory | |||||
| Total current assets | |||||
| Long term investments | |||||
| Property, plant & equipment | $872 | $895 | |||
| Goodwill & intangible assets | $8,336 | $8,345 | |||
| Total noncurrent assets | |||||
| Total investments | $182,367 | $184,041 | |||
| Total assets | $220,448 | $221,964 | |||
| Current liabilities | |||||
| Accounts payable | |||||
| Deferred revenue | |||||
| Short long term debt | |||||
| Total current liabilities | |||||
| Long term debt | |||||
| Total noncurrent liabilities | |||||
| Total debt | $13,813 | $13,972 | |||
| Total liabilities | $196,687 | $197,622 | |||
| Stockholders' equity | |||||
| Retained earnings | $9,923 | $9,816 | |||
| Other stockholder equity | -$4,164 | -$3,758 | |||
| Total stockholder equity | $23,761 | $24,342 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Current assets | ||||
| Cash | $12,033 | $10,850 | ||
| Short term investments | ||||
| Net receivables | ||||
| Inventory | ||||
| Total current assets | ||||
| Long term investments | ||||
| Property, plant & equipment | $895 | $844 | ||
| Goodwill & intangible assets | $8,345 | $8,370 | ||
| Total noncurrent assets | ||||
| Total investments | $184,041 | $190,344 | ||
| Total assets | $221,964 | $226,733 | ||
| Current liabilities | ||||
| Accounts payable | ||||
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | ||||
| Long term debt | ||||
| Total noncurrent liabilities | ||||
| Total debt | $13,972 | $15,890 | ||
| Total liabilities | $197,622 | $203,043 | ||
| Stockholders' equity | ||||
| Retained earnings | $9,816 | $9,159 | ||
| Other stockholder equity | -$3,758 | -$4,560 | ||
| Total stockholder equity | $24,342 | $23,690 | ||
Income statement
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Revenue | |||||
| Total revenue | $1,788 | $1,817 | |||
| Cost of revenue | |||||
| Gross profit | $1,788 | $1,817 | |||
| Operating activities | |||||
| Research & development | |||||
| Selling, general & administrative | $963 | $966 | |||
| Total operating expenses | $1,358 | $1,612 | |||
| Operating income | $430 | $205 | |||
| Income from continuing operations | |||||
| EBIT | $400 | $175 | |||
| Income tax expense | $96 | $16 | |||
| Interest expense | |||||
| Net income | |||||
| Net income | $304 | $159 | |||
| Income (for common shares) | $304 | $159 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $7,537 | $7,547 | ||
| Cost of revenue | ||||
| Gross profit | $7,537 | $7,547 | ||
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $3,778 | $3,659 | ||
| Total operating expenses | $5,507 | $4,892 | ||
| Operating income | $2,030 | $2,655 | ||
| Income from continuing operations | ||||
| EBIT | $1,913 | $2,542 | ||
| Income tax expense | $422 | $582 | ||
| Interest expense | ||||
| Net income | ||||
| Net income | $1,491 | $1,960 | ||
| Income (for common shares) | $1,491 | $1,960 | ||
Cash flows
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Net income | $304 | $159 | |||
| Operating activities | |||||
| Depreciation | $102 | $126 | |||
| Business acquisitions & disposals | |||||
| Stock-based compensation | $34 | $14 | |||
| Total cash flows from operations | $554 | $670 | |||
| Investing activities | |||||
| Capital expenditures | -$10 | -$48 | |||
| Investments | $1,026 | $153 | |||
| Total cash flows from investing | $1,039 | $225 | |||
| Financing activities | |||||
| Dividends paid | -$197 | -$199 | |||
| Sale and purchase of stock | -$300 | ||||
| Net borrowings | -$168 | -$3,629 | |||
| Total cash flows from financing | -$1,622 | -$4,667 | |||
| Effect of exchange rate | |||||
| Change in cash and equivalents | -$29 | -$3,772 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Net income | $1,491 | $1,960 | ||
| Operating activities | ||||
| Depreciation | $478 | $565 | ||
| Business acquisitions & disposals | -$255 | |||
| Stock-based compensation | $87 | $84 | ||
| Total cash flows from operations | $2,961 | $4,119 | ||
| Investing activities | ||||
| Capital expenditures | -$172 | -$126 | ||
| Investments | $5,481 | -$11,385 | ||
| Total cash flows from investing | $5,248 | -$12,637 | ||
| Financing activities | ||||
| Dividends paid | -$808 | -$779 | ||
| Sale and purchase of stock | -$906 | -$153 | ||
| Net borrowings | -$1,933 | $4,831 | ||
| Total cash flows from financing | -$7,128 | $9,907 | ||
| Effect of exchange rate | ||||
| Change in cash and equivalents | $1,081 | $1,389 | ||
Recent institutional transactions
| Quarter | Shareholder | Change |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|---|
| 2024 Q1 | Fuller & Thaler Asset Management, Inc |
+13.03%
|
12,832,918 | $465,706,597 |
| 2024 Q1 | Scout Investments, Inc |
-40.89%
|
682,942 | $24,340,052 |
| 2024 Q1 | New York State Common Retirement Fund |
-25.52%
|
431,270 | $15,651 |
| 2024 Q1 | Causeway Capital Management |
-8.29%
|
1,310,199 | $47,572,088 |
| 2024 Q1 | United Capital Financial Advisors |
-85.90%
|
17,051 | $618,785 |
| 2024 Q1 | Bank Of New York Mellon Corp |
-3.25%
|
3,048,044 | $110,613,505 |
| 2024 Q1 | Todd Asset Management |
-7.13%
|
839,849 | $30,478,120 |
| 2024 Q1 | Aegon Asset Management Uk PLC |
-10.01%
|
431,796 | $15,666 |
| 2024 Q1 | Strs Ohio |
Opened
|
47,606 | $1,727 |
| 2024 Q1 | Ubs Asset Management Americas |
-2.08%
|
2,130,000 | $77,297,700 |
Institutional shareholders
| Shareholder | Stake |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|
| Fuller & Thaler Asset Management, Inc | 2.82% | 12,832,918 | |
| Geode Capital Management | 2.28% | 10,362,657 | |
| Bank Of New York Mellon Corp | 0.67% | 3,048,044 | |
| Ubs Asset Management Americas | 0.47% | 2,130,000 | |
| Causeway Capital Management | 0.29% | 1,310,199 | |
| Sumitomo Mitsui Trust | 0.27% | 1,210,528 | |
| Impax Asset Management PLC | 0.25% | 1,121,420 | |
| California State Teachers Retirement System | 0.19% | 861,097 | |
| Todd Asset Management | 0.18% | 839,849 | |
| Ameriprise Financial Inc | 0.18% | 837,533 |
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