Citizens Financial Group Inc

Chart & Performance

D1W1MN

P/E

12.06

P/S

803.93

EPS

3.65

Div Yield, %

4.79%

Shrs. gr., 5y

-0.16%

Rev. gr., 5y

-66.96%

Revenues

24m

-99.70%

Net income

1.61b

-22.43%

CFO

2.96b

-28.11%

Dividend

Jul 31, 20240.42 USD/sh

Earnings

Jan 17, 2025

Profile

Citizens Financial Group, Inc. operates as the bank holding company for Citizens Bank, National Association that provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, corporations, and institutions in the United States. The company operates in two segments, Consumer Banking and Commercial Banking. The Consumer Banking segment offers deposit products, mortgage and home equity lending products, credit cards, business loans, wealth management, and investment services; and auto, education, and point-of-sale finance loans, as well as digital deposit products. This segment serves its customers through telephone service centers, as well as through its online and mobile platforms. The Commercial Banking segment provides various financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, and interest rate and commodity risk management solutions, as well as syndicated loans, corporate finance, mergers and acquisitions, and debt and equity capital markets services. This segment serves government banking, not-for-profit, healthcare, technology, professionals, oil and gas, asset finance, franchise finance, asset-based lending, commercial real estate, private equity, and sponsor finance industries. It operates approximately 1,200 branches in 14 states and the District of Columbia; 114 retail and commercial non-branch offices in national markets; and approximately 3,300 automated teller machines. The company was formerly known as RBS Citizens Financial Group, Inc. and changed its name to Citizens Financial Group, Inc. in April 2014. Citizens Financial Group, Inc. was founded in 1828 and is headquartered in Providence, Rhode Island.

URL

https://www.citizensbank.com/

IPO date

Sep 24, 2014

Employees

18,468

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	24,120 -99.70%	8,021,000 20.67%	6,647,000 -3.74%
Cost of revenue	3,191,920	2,720,490	2,243,000
Unusual Expense (Income)
NOPBT	(3,167,800)	5,300,510	4,404,000
NOPBT Margin		66.08%	66.26%
Operating Taxes	422,000	582,000	658,000
Tax Rate		10.98%	14.94%
NOPAT	(3,589,800)	4,718,510	3,746,000
Net income	1,608,000 -22.43%	2,073,000 -10.61%	2,319,000 175.09%
Dividends	(928,000)	(892,000)	(783,000)
Dividend yield	5.87%	4.74%	3.88%
Proceeds from repurchase of equity	(906,000)	(153,000)	6,948,000
BB yield	5.74%	0.81%	-34.40%
Debt
Debt current	505,000	3,000	74,000
Long-term debt	13,764,000	16,746,000	7,575,000
Deferred revenue			5,524,000
Other long-term liabilities	470,000	(15,884,000)	(6,932,000)
Net debt	(17,412,000)	(51,949,000)	(56,201,000)
Cash flow
Cash from operating activities	2,961,000	4,119,000	2,275,000
CAPEX	(172,000)	(126,000)	(124,000)
Cash from investing activities	5,248,000	(12,637,000)	(10,486,000)
Cash from financing activities	(7,128,000)	9,907,000	4,636,000
FCF	(4,145,800)	6,302,510	4,288,000
Balance
Cash	31,571,000	34,857,000	35,541,000
Long term investments	110,000	33,841,000	28,309,000
Excess cash	31,679,794	68,296,950	63,517,650
Stockholders' equity	8,078,000	6,619,000	9,333,000
Invested Capital	214,391,000	220,117,000	177,742,000
ROIC		2.37%	2.13%
ROCE		2.34%	2.34%
EV
Common stock shares outstanding	476,693	477,803	427,436
Price	33.14 -15.82%	39.37 -16.68%	47.25 32.13%
Market cap	15,797,611 -16.02%	18,811,110 -6.86%	20,196,342 31.91%
EV	399,611	(31,123,890)	(33,990,658)
EBITDA	(2,689,800)	5,865,510	5,029,000
EV/EBITDA
Interest	3,963,000	1,048,000	339,000
Interest/NOPBT		19.77%	7.70%