Citizens Financial Group, Inc.
- Open
- 71.81
- Day high
- 73.70
- Day low
- 70.80
- Prev close
- 71.50
- Volume
- 318K
- Mkt cap
- $30.2B
- P/E (TTM)
- 15.4
- EPS (TTM)
- $4.64
- P/B
- 1.2
- P/S
- 2.6
- Yield
- 2.52%
- Per share
- $1.80
- ▼Insiders net selling -$376K over the last 3 months (0 open-market buys, 1 sale)
- 🏛Institutions accumulating (13F)
Citizens Financial Group, Inc. (CFG) is a Financial Services company listed on NYSE. The stock is up 47% over the past year. Over the trailing 3 months, insiders filed 0 open-market buys and 1 sale (SEC Form 4).
Citizens Financial Group, Inc. (CFG) financials & analyst ratings
Fundamentals (TTM)
Analyst consensus · 15 analysts
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
CFG earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Jul 16, 2026 | $1.25 | $1.30 | +4.0% | $2.3B | +1.4% |
| Apr 16, 2026 | $1.10 | $1.13 | +2.7% | $2.2B | +0.2% |
| Jan 21, 2026 | $1.10 | $1.13 | +2.7% | $2.2B | +0.3% |
| Oct 15, 2025 | $1.03 | $1.05 | +1.9% | $2.1B | +0.9% |
| Jul 17, 2025 | $0.88 | $0.92 | +4.2% | $2.0B | +1.4% |
| Apr 16, 2025 | $0.75 | $0.77 | +2.8% | $1.9B | -0.1% |
| Jan 17, 2025 | $0.83 | $0.85 | +2.4% | $2.0B | +0.8% |
| Oct 16, 2024 | $0.79 | $0.77 | -2.5% | $1.9B | -1.7% |
| Jul 17, 2024 | $0.79 | $0.78 | -1.3% | $2.0B | +0.6% |
| Apr 17, 2024 | $0.74 | $0.65 | -12.2% | $2.0B | +0.1% |
| Jan 17, 2024 | $0.71 | $0.34 | -52.1% | $2.0B | -0.4% |
| Oct 18, 2023 | $0.91 | $0.85 | -6.6% | $2.0B | -1.3% |
CFG insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jun 16, 2026 | Stein Richard L.officer: Chief Risk Officer | Tax | 4,913 | $67.65 |
| May 15, 2026 | Cummings Kevindirector | Grant | 162 | — |
| May 15, 2026 | Wade Claude E.director | Grant | 57 | — |
| May 15, 2026 | Leary Robert Gdirector | Grant | 251 | — |
| May 15, 2026 | Lillis Terrancedirector | Grant | 296 | — |
| May 15, 2026 | Swift Christopherdirector | Grant | 195 | — |
| May 15, 2026 | SIEKERKA MICHELE Ndirector | Grant | 162 | — |
| May 15, 2026 | Atkinson Tracy Adirector | Grant | 94 | — |
| May 15, 2026 | Alexander Leedirector | Grant | 195 | — |
| May 15, 2026 | Cumming Christine Mdirector | Grant | 323 | — |
| May 15, 2026 | KELLY EDWARD J IIIdirector | Grant | 296 | — |
| May 15, 2026 | ZURAITIS MARITAdirector | Grant | 323 | — |
| May 14, 2026 | Moosally Michelleofficer: Chief Legal Officer | Sell | 6,050 | $62.16 |
| Apr 24, 2026 | Cumming Christine Mdirector | Grant | 2,608 | — |
| Apr 24, 2026 | Cummings Kevindirector | Grant | 2,608 | — |
Source: CFG SEC Form 4 filings, latest Jun 16, 2026. For informational purposes only — not investment advice.
See the full CFG insider & 13F page →Citizens Financial Group, Inc. company profile
Overview
Citizens Financial Group, Inc. (NYSE:CFG) is a major regional bank holding company headquartered in Providence, Rhode Island. Founded in 1828, the company has evolved from a small New England bank into one of the largest regional banks in the United States, operating approximately 1,200 branches across 14 states and the District of Columbia. Citizens was formerly owned by Royal Bank of Scotland and became an independent public company in 2014 following its initial public offering. The bank serves millions of customers through its retail and commercial banking operations, providing a comprehensive range of financial services to individuals, businesses, and institutions.
Business
Citizens Financial Group operates as a traditional regional bank in the financial services sector, providing banking and financial services through two primary business segments. The Consumer Banking segment represents approximately 60% of revenue and offers retail banking services including checking and savings accounts, mortgages, home equity loans, credit cards, auto loans, education financing, and point-of-sale consumer lending. This segment also includes wealth management services and operates through physical branches, digital platforms, call centers, and approximately 3,300 ATMs. The Commercial Banking segment generates roughly 40% of revenue and provides sophisticated financial solutions to middle-market companies, large corporations, and institutional clients. Services include commercial lending and leasing, treasury management, foreign exchange, interest rate and commodity risk management, syndicated loans, corporate finance, mergers and acquisitions advisory, and debt and equity capital markets services. This segment serves specialized industries including healthcare, technology, energy, real estate, private equity, and government entities. A newer strategic initiative is the Private Bank, launched in recent years to serve high-net-worth individuals and families. This division offers private banking, wealth management, and investment services, representing Citizens' push into higher-margin, relationship-based banking. The Private Bank has grown rapidly to over $7 billion in deposits and $4.7 billion in assets under management, becoming profitable in 2024.
Revenue model
Citizens Financial Group generates revenue through traditional banking activities across multiple streams. The primary revenue source is net interest income, which accounts for approximately 70% of total revenue. This comes from the spread between interest earned on loans and investments versus interest paid on deposits and borrowings. The bank makes money by borrowing funds at lower rates (primarily through customer deposits) and lending them at higher rates to consumers and businesses. Noninterest income represents about 30% of revenue and includes fees from various services: capital markets and investment banking fees, wealth management fees, credit card interchange income, deposit service charges, mortgage banking fees, and treasury management fees. The Private Bank contributes growing fee income through wealth management and advisory services. Several factors influence Citizens' profitability margins. Interest rate environment significantly impacts net interest margins - rising rates generally benefit the bank as loan yields increase faster than deposit costs, while falling rates can compress margins. Credit quality affects profitability through loan loss provisions, with economic downturns potentially requiring higher reserves. Deposit competition influences funding costs, as banks compete for deposits by offering higher rates. Regulatory capital requirements affect returns on equity, while operational efficiency programs like Citizens' "TOP" initiatives help manage expense growth. The bank's push into higher-margin businesses like private banking and wealth management aims to diversify revenue streams and improve overall profitability.
Competitive moat
Citizens Financial Group operates in the highly competitive regional banking sector with modest competitive advantages. The bank's primary moat comes from its established branch network and customer relationships across 14 states, particularly in the Northeast corridor. This physical presence creates switching costs for customers who value local banking relationships and convenient access to services. The bank has built some differentiation through its digital banking capabilities, including Citizens Access (its national digital platform) and mobile banking services. Its specialized commercial banking expertise in sectors like private equity, healthcare, and technology provides some competitive positioning, as does its growing Private Bank franchise targeting high-net-worth clients. However, Citizens faces significant competitive pressures that limit its moat strength. Large national banks like JPMorgan Chase and Bank of America have superior scale, technology resources, and geographic reach. Community banks often provide more personalized service and local market knowledge. Fintech companies are disrupting traditional banking with digital-first solutions, better user experiences, and competitive pricing. Credit unions offer similar services with tax advantages and member-focused pricing. The banking industry's commoditized nature means that Citizens must continuously invest in technology and customer experience to maintain competitiveness. While the bank has solid market positions in its core geographies, its moat is relatively narrow and requires ongoing investment to defend against both traditional competitors and digital disruptors.
Risks & safety
Citizens Financial Group demonstrates solid financial stability with manageable risk levels, though typical banking sector considerations apply. • Capital Position: Strong CET1 ratio of 10.6%, well above regulatory minimums, providing substantial buffer for economic stress • Liquidity: $12.2 billion in cash and short-term investments, representing healthy liquidity cushion • Asset Quality: Allowance for credit losses at 1.61% of loans, with management maintaining conservative reserve positioning • Debt Management: Debt-to-equity ratio of 0.50, reasonable for banking sector standards Valuation Metrics: • Price-to-earnings ratio of 12.0x, reasonable for regional bank • Price-to-book ratio of 0.72x, trading below tangible book value • Return on equity of 6.2% (full year 2024), below management's 16-18% medium-term target Other Considerations: Commercial real estate exposure remains elevated, particularly in office properties requiring ongoing workout efforts. Interest rate sensitivity creates earnings volatility, though management has implemented hedging strategies. Regulatory environment for regional banks continues evolving with potential capital requirement changes.
Recent development
Over the past several years, Citizens has pursued significant strategic transformation initiatives. The bank launched its Private Bank division in 2023, rapidly growing it to over $7 billion in deposits and achieving profitability by 2024. This represents a strategic shift toward higher-margin, relationship-based banking services targeting affluent clients. Citizens has implemented multiple operational efficiency programs, including the recently completed TOP 9 initiative that delivered $150 million in annual run-rate benefits, and the newly launched TOP 10 program targeting an additional $100 million in efficiencies by 2025. These programs focus on automation, artificial intelligence implementation, and process optimization. The bank has been actively optimizing its balance sheet by reducing non-core loan portfolios, including selling $1.9 billion in student loans and allowing auto loans to run off naturally. This strategy aims to improve return on assets and focus on core banking relationships. Citizens has also been expanding geographically, particularly in the New York City metropolitan area, adding private wealth teams and commercial banking capabilities. In commercial banking, Citizens has strengthened its position in specialized sectors like private equity and sponsor finance, becoming the number two player in sponsor leveraged loan arrangements. The bank has also enhanced its capital markets capabilities and maintained strong pipelines in mergers and acquisitions advisory services.
CFG company profile · for informational purposes only — not investment advice.
Track CFG with Drillr
SEC filings, earnings calls, insider activity, alt-data signals — all queryable through Drillr's AI terminal and MCP API.
Try Drillr for free