About Citizens Financial Group (NYSE:CFG)
Citizens Financial Group, Inc. is a retail bank holding company. The Company operates through two segments: Consumer Banking and Commercial Banking. Its Consumer Banking serves retail customers and small businesses. Consumer Banking products and services include deposit products, mortgage and home equity lending, auto financing, student loans, personal unsecured lines and loans, credit cards, business loans, wealth management and investment services. The Company's Commercial Banking segment offers a range of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange and interest rate risk management solutions, as well as corporate finance, merger and acquisition, and debt and equity capital markets capabilities. The Company delivers a range of retail and commercial banking products and services to individuals, institutions and companies. As of December 31, 2016, the Company operated approximately 1,200 branches.
Industry, Sector and Symbol
Industry Commercial Banks
Trailing P/E Ratio18.5587044534413
Forward P/E Ratio17.77
Sales & Book Value
Annual Sales$5.76 billion
Price / Sales3.91
Cash Flow$3.03 per share
Price / Cash15.12
Book Value$38.09 per share
Price / Book1.20
Net Income$1.05 billion
Return on Equity6.44%
Return on Assets0.84%
Citizens Financial Group (NYSE:CFG) Frequently Asked Questions
What is Citizens Financial Group's stock symbol?
Citizens Financial Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "CFG."
How often does Citizens Financial Group pay dividends? What is the dividend yield for Citizens Financial Group?
Citizens Financial Group declared a quarterly dividend on Monday, October 23rd. Investors of record on Wednesday, November 1st will be paid a dividend of $0.18 per share on Wednesday, November 15th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.57%. The ex-dividend date of this dividend is Tuesday, October 31st. View Citizens Financial Group's Dividend History.
How will Citizens Financial Group's stock buyback program work?
Citizens Financial Group declared that its Board of Directors has initiated a share repurchase plan on Thursday, June 29th 2017, which permits the company to repurchase $850,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 4.8% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board of directors believes its shares are undervalued.
How were Citizens Financial Group's earnings last quarter?
Citizens Financial Group Inc (NYSE:CFG) released its earnings results on Friday, October, 20th. The bank reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.64 by $0.04. The bank had revenue of $1.44 billion for the quarter, compared to analysts' expectations of $1.43 billion. Citizens Financial Group had a net margin of 20.26% and a return on equity of 6.44%. The business's quarterly revenue was up 4.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.52 EPS. View Citizens Financial Group's Earnings History.
When will Citizens Financial Group make its next earnings announcement?
Where is Citizens Financial Group's stock going? Where will Citizens Financial Group's stock price be in 2018?
13 brokerages have issued 1 year target prices for Citizens Financial Group's stock. Their forecasts range from $33.00 to $49.00. On average, they anticipate Citizens Financial Group's share price to reach $41.08 in the next year. View Analyst Ratings for Citizens Financial Group.
Who are some of Citizens Financial Group's key competitors?
Some companies that are related to Citizens Financial Group include Fifth Third Bancorp (FITB), First Republic Bank (FRC), Zions Bancorp (ZION), BOK Financial (BOKF), Western Alliance Bancorporation (WAL), Sterling Bancorp (STL), Prosperity Bancshares (PB), Grupo Financiero Santander Mexico S.A. B. de C.V. (BSMX), Pinnacle Financial Partners (PNFP), Texas Capital Bancshares (TCBI), PrivateBancorp (PVTB), Hancock (HBHC), F.N.B. (FNB), IBERIABANK (IBKC), First Hawaiian (FHB), Home BancShares (HOMB), Chemical Financial (CHFC) and Associated Banc (ASB).
Who are Citizens Financial Group's key executives?
Citizens Financial Group's management team includes the folowing people:
- Bruce W. Van Saun CPA, Chairman of the Board, Chief Executive Officer (Age 59)
- John F. Woods, Chief Financial Officer, Executive Vice President (Age 52)
- Brad L. Conner, Vice Chairman - Consumer Banking (Age 55)
- Donald H. McCree III, Vice Chairman - Commercial Banking (Age 55)
- Malcolm D. Griggs, Executive Vice President, Chief Risk Officer (Age 56)
- Randall J. Black, Executive Vice President, Controller (Age 60)
- Mary Ellen Baker, Executive Vice President and Head of Business Services (Age 58)
- Stephen T. Gannon, Executive Vice President, General Counsel and Chief Legal Officer (Age 64)
- Arthur F. Ryan, Lead independent Director (Age 74)
- Mark S. Casady, Independent Director (Age 56)
Who owns Citizens Financial Group stock?
Citizens Financial Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include Schwab Charles Investment Management Inc. (0.50%), Bank of Montreal Can (0.28%), National Pension Service (0.10%), Oliver Luxxe Assets LLC (0.02%), Bremer Trust National Association (0.02%) and Exxonmobil Investment Management Inc. TX (0.02%). Company insiders that own Citizens Financial Group stock include David J Bowerman, Leo I Higdon Jr, Shivan S Subramaniam and Wendy A Watson. View Institutional Ownership Trends for Citizens Financial Group.
Who sold Citizens Financial Group stock? Who is selling Citizens Financial Group stock?
Citizens Financial Group's stock was sold by a variety of institutional investors in the last quarter, including Schwab Charles Investment Management Inc., DnB Asset Management AS, Nisa Investment Advisors LLC, Exxonmobil Investment Management Inc. TX, First Citizens Bank & Trust Co., Bremer Trust National Association, Gateway Investment Advisers LLC and Louisiana State Employees Retirement System. View Insider Buying and Selling for Citizens Financial Group.
Who bought Citizens Financial Group stock? Who is buying Citizens Financial Group stock?
Citizens Financial Group's stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Starfire Investment Advisers Inc. and National Pension Service. Company insiders that have bought Citizens Financial Group stock in the last two years include David J Bowerman, Leo I Higdon Jr and Shivan S Subramaniam. View Insider Buying and Selling for Citizens Financial Group.
How do I buy Citizens Financial Group stock?
Shares of Citizens Financial Group can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Citizens Financial Group's stock price today?
One share of Citizens Financial Group stock can currently be purchased for approximately $45.84.
How big of a company is Citizens Financial Group?
Citizens Financial Group has a market capitalization of $22.55 billion and generates $5.76 billion in revenue each year. The bank earns $1.05 billion in net income (profit) each year or $2.47 on an earnings per share basis. Citizens Financial Group employs 17,600 workers across the globe.
How can I contact Citizens Financial Group?
Citizens Financial Group's mailing address is 1 Citizens Plz Fl 3, PROVIDENCE, RI 02903-1344, United States. The bank can be reached via phone at +1-401-4567000 or via email at [email protected]
MarketBeat Community Rating for Citizens Financial Group (CFG)MarketBeat's community ratings are surveys of what our community members think about Citizens Financial Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Citizens Financial Group (NYSE:CFG) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Hold||Hold||Hold||Hold|
|Consensus Rating Score: ||2.38||2.31||2.27||2.29|
|Ratings Breakdown: ||2 Sell Rating(s)|
4 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
|2 Sell Rating(s)|
5 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
|2 Sell Rating(s)|
7 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
8 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$41.08||$40.42||$37.27||$35.21|
|Price Target Upside: ||2.14% downside||3.59% downside||0.60% downside||3.63% downside|
Citizens Financial Group (NYSE:CFG) Consensus Price Target History
Citizens Financial Group (NYSE:CFG) Analyst Ratings History
(Data available from 1/17/2016 forward)
Citizens Financial Group (NYSE:CFG) Earnings History and Estimates Chart
Citizens Financial Group (NYSE CFG) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/20/2017||Q3 2017||$0.64||$0.68||$1.43 billion||$1.44 billion||View||N/A|
|7/21/2017||Q2 2017||$0.59||$0.63||$1.40 billion||$1.40 billion||View||N/A|
|4/20/2017||Q1 2017||$0.51||$0.61||$1.34 billion||$1.38 billion||View||N/A|
|1/20/2017||Q416||$0.52||$0.55||$1.33 billion||$1.36 billion||View||N/A|
|10/21/2016||Q316||$0.49||$0.52||$1.31 billion||$1.38 billion||View||Listen|
|7/21/2016||Q216||$0.44||$0.46||$1.27 billion||$1.28 billion||View||Listen|
|4/21/2016||Q116||$0.39||$0.41||$1.23 billion||$1.23 billion||View||Listen|
|1/22/2016||Q415||$0.42||$0.42||$1.22 billion||$1.23 billion||View||Listen|
|10/23/2015||Q315||$0.40||$0.40||$1.21 billion||$1.21 billion||View||Listen|
|7/21/2015||Q215||$0.36||$0.40||$1.21 billion||$1.20 billion||View||Listen|
|4/22/2015||Q115||$0.35||$0.39||$1.18 billion||$1.18 billion||View||N/A|
|1/26/2015||Q414||$0.35||$0.39||$1.17 billion||$1.18 billion||View||N/A|
|10/27/2014||Q314||$0.35||$0.36||$821.00 million||$1.16 billion||View||Listen|
Citizens Financial Group (NYSE:CFG) Earnings Estimates
2018 EPS Consensus Estimate: $3.12
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Citizens Financial Group (NYSE:CFG) Dividend Information
|Most Recent Dividend:||11/15/2017|
|Dividend Growth:||85.70% (3 Year Average)|
|Payout Ratio:||29.15% (Trailing 12 Months of Earnings) |
27.91% (Based on This Year's Estimates)
23.00% (Based on Next Year's Estimates)
|Track Record:||3 Years of Consecutive Dividend Growth|
Citizens Financial Group (NYSE:CFG) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Citizens Financial Group (NYSE CFG) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.21%
Institutional Ownership Percentage: 98.48%
Citizens Financial Group (NYSE CFG) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|12/1/2017||Wendy A Watson||Director||Sell||4,000||$40.31||$161,240.00||12,917|| |
|2/28/2017||Leo I Higdon Jr||Director||Buy||14||$37.37||$523.18||11,821|| |
|3/8/2016||Shivan S Subramaniam||Director||Buy||5,000||$20.91||$104,550.00||25,545|| |
|2/10/2016||David J Bowerman||Insider||Buy||2,400||$19.40||$46,560.00||94,689|| |
|11/12/2015||Donald H Mccree III||Insider||Buy||80,000||$25.83||$2,066,400.00||80,000|| |
|11/3/2015||Bank Of Scotland Group P Royal||Major Shareholder||Sell||110,461,782||$23.38||$2,582,596,463.16|| |
|8/25/2015||Leo I Higdon Jr||Director||Buy||500||$23.48||$11,740.00||6,961|| |
|4/28/2015||Leo I Higdon Jr||Director||Buy||1,020||$25.73||$26,244.60|| |
|4/28/2015||Stephen R Woods||Insider||Sell||11,000||$25.73||$283,030.00|| |
|4/7/2015||Bank Of Scotland Group P Royal||Major Shareholder||Sell||10,473,397||$23.87||$249,999,986.39|| |
|3/30/2015||Bank Of Scotland Group P Royal||Major Shareholder||Sell||155,250,000||$23.47||$3,643,717,500.00|| |
|9/29/2014||Howard W Hanna III||Director||Buy||9,000||$21.50||$193,500.00|| |
|9/29/2014||Robert D Jr. Matthews||Insider||Buy||4,000||$21.50||$86,000.00|| |
|9/29/2014||Saun Bruce Van||CEO||Buy||45,000||$21.50||$967,500.00|| |
Citizens Financial Group (NYSE CFG) News Headlines
|Can Citizens National Bank Retain Its Momentum? - Seeking Alpha|
seekingalpha.com - January 17 at 9:21 AM
| Brokerages Expect Citizens Financial Group Inc (CFG) to Post $0.67 EPS|
www.americanbankingnews.com - January 16 at 5:06 AM
|Buy These 5 Price-to-Book Value Stocks in 2018 for Gains|
finance.yahoo.com - January 15 at 9:28 AM
|Zacks.com featured highlights include: Western Digital, Citizens Financial, First Bancorp and Ford Motor|
finance.yahoo.com - January 12 at 5:07 PM
|Citizens Financial Group Inc Expected to Earn Q1 2018 Earnings of $0.68 Per Share (CFG)|
www.americanbankingnews.com - January 12 at 10:04 AM
|Jefferies Group Analysts Increase Earnings Estimates for Citizens Financial Group Inc (CFG)|
www.americanbankingnews.com - January 11 at 9:00 AM
|Citizens Financial Group (CFG) Set to Announce Earnings on Thursday|
www.americanbankingnews.com - January 11 at 1:28 AM
|Citizens Financial Group Inc (CFG) to Post FY2018 Earnings of $3.20 Per Share, Jefferies Group Forecasts|
www.americanbankingnews.com - January 10 at 3:42 PM
|Wedbush Brokers Raise Earnings Estimates for Citizens Financial Group Inc (CFG)|
www.americanbankingnews.com - January 8 at 1:02 PM
|Research Analysts Issue Forecasts for Citizens Financial Group Inc's Q4 2017 Earnings (CFG)|
www.americanbankingnews.com - January 5 at 10:02 AM
|Citizens Financial Group giving employees $1,000 bonuses ... - Pittsburgh Business Times|
www.bizjournals.com - January 5 at 9:39 AM
|Citizens Financial Group Inc (CFG) to Post FY2017 Earnings of $2.58 Per Share, Oppenheimer Forecasts|
www.americanbankingnews.com - January 5 at 8:42 AM
|Brokers Offer Predictions for Citizens Financial Group Inc's Q4 2018 Earnings (CFG)|
www.americanbankingnews.com - January 4 at 6:02 PM
|Citizens Bank, citing tax reform, to give $1,000 bonuses|
finance.yahoo.com - January 2 at 11:42 PM
|Citizens Financial Group Inc (CFG) Expected to Announce Earnings of $0.67 Per Share|
www.americanbankingnews.com - December 30 at 11:13 AM
|ETFs with exposure to Citizens Financial Group, Inc. (Rhode Island) : December 26, 2017|
finance.yahoo.com - December 28 at 1:16 PM
|Citizens Financial Group Inc (CFG) Receives Average Recommendation of "Hold" from Brokerages|
www.americanbankingnews.com - December 25 at 3:57 AM
|7 Valuable Low Price-to-Sales Stocks that Promise Growth|
finance.yahoo.com - December 20 at 9:35 AM
|Citizens Financial Group (CFG) Upgraded at BMO Capital Markets|
www.americanbankingnews.com - December 19 at 6:52 PM
|Stock Traders Purchase High Volume of Call Options on Citizens Financial Group (CFG)|
www.americanbankingnews.com - December 18 at 3:38 AM
|ETFs with exposure to Citizens Financial Group, Inc. (Rhode Island) : December 15, 2017|
finance.yahoo.com - December 15 at 5:52 PM
|Citizens confirms new contract with Giant Eagle|
www.bizjournals.com - December 14 at 5:50 PM
|Middle-Market CFOs Optimistic on Tax Reform While Sharpening Focus on Self-Funding Strategies to Promote Growth|
finance.yahoo.com - December 14 at 9:39 AM
|Citizens Financial Group Announces Prime Rate Change|
finance.yahoo.com - December 13 at 5:28 PM
|Citizens Financial Group (CFG) Price Target Increased to $49.00 by Analysts at Morgan Stanley|
www.americanbankingnews.com - December 13 at 3:34 PM
|Should Value Investors Choose Citizens Financial (CFG) Stock?|
www.zacks.com - December 13 at 9:49 AM
|Zacks.com featured highlights: Norbord, Huntington Ingalls, Lam Research, Patrick Industries, SK Telecom and Citizens Financial|
finance.yahoo.com - December 13 at 9:49 AM
|Zacks: Brokerages Anticipate Citizens Financial Group Inc (CFG) to Post $0.67 EPS|
www.americanbankingnews.com - December 13 at 8:56 AM
|The Bull Is Back in Citizens Financial Group|
finance.yahoo.com - December 8 at 5:11 PM
|KBE, CMA, RF, CFG: Large Inflows Detected at ETF|
www.nasdaq.com - December 6 at 5:19 PM
|Wendy A. Watson Sells 4,000 Shares of Citizens Financial Group Inc (CFG) Stock|
www.americanbankingnews.com - December 5 at 7:14 PM
|Stocks With Rising Relative Price Strength: Citizens Financial|
finance.yahoo.com - December 5 at 5:14 PM
|ETFs with exposure to Citizens Financial Group, Inc. (Rhode Island) : December 5, 2017|
finance.yahoo.com - December 5 at 5:14 PM
|Citizens Bank Launches Zelle® Person-to-Person Payments To Make Sending Money Easy For Customers|
finance.yahoo.com - December 5 at 10:14 AM
|Citizens Financial Group (CFG) Upgraded to "Buy" at Zacks Investment Research|
www.americanbankingnews.com - December 4 at 9:46 AM
|Citizens Financial Group, Inc. (Rhode Island) :CFG-US: Earnings Analysis: Q3, 2017 By the Numbers : December 4, 2017|
finance.yahoo.com - December 4 at 9:29 AM
|Citizens Financial Shows Improved Relative Price Performance; Still Shy Of Benchmark|
finance.yahoo.com - December 1 at 4:54 PM
|CFG Crosses Above Average Analyst Target|
www.nasdaq.com - November 30 at 5:13 PM
|Citizens Financial Group Announces 2018 Earnings Conference Calls|
finance.yahoo.com - November 30 at 5:13 PM
|Citizens Financial Group Inc (CFG) Given Consensus Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - November 30 at 3:38 AM
|Citizens Financial Group (CFG) Rating Increased to A+ at TheStreet|
www.americanbankingnews.com - November 29 at 11:08 PM
|Wednesday Sector Leaders: Services, Financial|
www.nasdaq.com - November 29 at 5:36 PM
|Citizens Financial Group, Inc. (CFG) Short Interest Down 34.0% in November|
www.americanbankingnews.com - November 29 at 2:38 AM
|Citizens Charitable Foundation Announces $250,000 in Grants To Non-Profits|
finance.yahoo.com - November 28 at 5:18 PM
|$1.45 Billion in Sales Expected for Citizens Financial Group, Inc. (CFG) This Quarter|
www.americanbankingnews.com - November 27 at 2:30 PM
|Citizens Financial Group, Inc. (CFG) Expected to Announce Earnings of $0.67 Per Share|
www.americanbankingnews.com - November 25 at 11:34 AM
|Citizens expanding in Monroeville|
www.bizjournals.com - November 21 at 10:18 PM
|Warren opposes Dodd-Frank reprieve for Citizens, Santander|
www.bizjournals.com - November 18 at 2:32 AM
|Citizens Financial (CFG) Presents At Bank Of America Merrill Lynch Future of Financials 2017 Conference - Slideshow|
seekingalpha.com - November 17 at 4:28 PM
|How 7 Bank Stocks Could Win Big From Financial Reform|
finance.yahoo.com - November 17 at 8:20 AM
Citizens Financial Group (NYSE:CFG) SEC Filings
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Citizens Financial Group (NYSE:CFG) Income Statement, Balance Sheet and Cash Flow Statement
Citizens Financial Group (NYSE CFG) Stock Chart for Wednesday, January, 17, 2018