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CFG-PE

Citizens Financial Group, Inc.

CFG-PE

Citizens Financial Group, Inc. • NYSE
$19.12 ▼ -0.60% (-0.12)
Market Cap $8.21 B
52w High $21.70
52w Low $17.99
Dividend Yield 1.25%
P/E 4.05
Volume 19.25K
Outstanding Shares 429.49M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $2.118B ▼ $1.335B ▲ $494M ▲ 23.324% ▲ $1.06 ▲ $826M ▲
Q2-2025 $3.007B ▲ $1.319B ▲ $436M ▲ 14.5% ▲ $0.93 ▲ $678M ▲
Q1-2025 $2.896B ▼ $1.314B ▲ $373M ▼ 12.88% ▼ $0.78 ▼ $591M ▼
Q4-2024 $3.026B ▼ $1.306B ▲ $401M ▲ 13.252% ▲ $0.83 ▲ $632M ▲
Q3-2024 $3.073B $1.261B $382M 12.431% $0.77 $599M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $47.648B ▲ $222.747B ▲ $196.918B ▲ $25.829B ▲
Q2-2025 $43.772B ▼ $218.31B ▼ $193.076B ▼ $25.234B ▲
Q1-2025 $46.324B ▲ $220.148B ▲ $195.282B ▲ $24.866B ▲
Q4-2024 $43.849B ▼ $217.521B ▼ $193.267B ▼ $24.254B ▼
Q3-2024 $44.243B $219.706B $194.774B $24.932B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $494M ▲ $1.696B ▲ $-1.497B ▼ $2.903B ▲ $3.102B ▲ $1.661B ▲
Q2-2025 $436M ▲ $886M ▲ $-1.428B ▼ $-2.451B ▼ $-2.993B ▼ $853M ▲
Q1-2025 $373M ▼ $-213M ▼ $-1.108B ▼ $2.261B ▲ $940M ▲ $-227M ▼
Q4-2024 $401M ▲ $483M ▲ $1.608B ▲ $-2.405B ▼ $-314M ▲ $435M ▲
Q3-2024 $382M $130M $161M $-1.147B $-856M $96M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Card Fees
Card Fees
 $190.00M ▲$80.00M ▼$90.00M ▲$90.00M ▲
Service Charges and Fees
Service Charges and Fees
 $210.00M ▲$110.00M ▼$110.00M ▲$110.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Citizens has grown its overall revenue steadily over the past five years, showing that the franchise continues to expand. However, profits have come down from their peak levels as funding costs, credit costs, and other operating expenses have put pressure on margins. Earnings are still solidly positive, just not as strong as they were a couple of years ago. Overall, the income statement tells a story of a bank that is growing but operating in a tougher, more expensive environment than in the recent past.

Balance Sheet

Balance Sheet The balance sheet looks relatively stable, with total assets and shareholder equity moving in a fairly tight range over the last several years. This suggests the bank is not aggressively stretching its balance sheet, but rather managing growth in a controlled way. Debt levels have risen compared with a few years ago, but not in a way that appears out of line for a regional bank of this size. Equity has inched up over time, which is a sign that the bank has been able to retain value even through a volatile interest-rate period.

Cash Flow

Cash Flow Citizens has consistently generated positive cash from its operations in recent years, which is important for a bank that needs dependable funding for loans and investments. Free cash flow has also been positive, indicating that the bank is generating more cash than it is using for basic investments in its own business. Capital spending is modest, reflecting the service-heavy, technology-focused nature of modern banking rather than a need for heavy physical assets. While cash flows can swing year to year in financial institutions, the overall pattern here is of a franchise that funds itself primarily from its own operations rather than relying excessively on outside capital.

Competitive Edge

Competitive Edge Citizens operates in the crowded regional banking space, but it is trying to stand out through a mix of technology, targeted client segments, and selective acquisitions. The build-out of its Private Bank and hiring of experienced wealth professionals give it a foothold in higher-margin, relationship-driven business. Its point-of-sale financing platform, corporate card offerings, and fintech partnerships add specialized capabilities that many traditional regional banks do not have at the same scale. The main risks are intense competition from larger national banks and digital challengers, as well as the usual banking sensitivities to credit quality, deposit competition, and interest-rate swings.

Innovation and R&D

Innovation and R&D The bank is making a big strategic bet on AI and automation through its “Reimagine the Bank” program, aiming to reshape how work is done and how customers are served. It is using AI in customer service, fraud detection, and lending processes, and partnering with major technology providers to speed up development. Citizens is also rolling out new digital products and tools for both consumers and businesses, from buy-now-pay-later style offerings to cash-flow forecasting solutions. The key question is execution: if Citizens can convert these technology investments into better efficiency, lower costs, and a smoother customer experience, it could create a meaningful edge over slower-moving peers.

Summary

Citizens Financial Group shows the profile of a mature regional bank that is growing its top line but managing through a more challenging profit environment than a few years ago. Its balance sheet appears controlled and steady, with no obvious signs of overextension and a capital base that supports ongoing investment. Cash generation remains healthy, giving management room to pursue its technology and growth agenda without relying solely on external funding. Strategically, the bank is leaning hard into AI, digital offerings, and higher-end segments like private banking in an effort to differentiate itself. The main uncertainties center on how well it navigates the credit and interest-rate cycle, and whether its ambitious technology program will deliver the operational and customer benefits it is aiming for over the next several years.