Citizens Financial Group Future Growth

Future criteria checks 4/6

Citizens Financial Group is forecast to grow earnings and revenue by 22.7% and 8.3% per annum respectively. EPS is expected to grow by 25.2% per annum. Return on equity is forecast to be 8.4% in 3 years.

Key information

22.7%

Earnings growth rate

25.2%

EPS growth rate

Banks earnings growth	16.6%
Revenue growth rate	8.3%
Future return on equity	8.4%
Analyst coverage	Good
Last updated	25 Sep 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

BOVESPA:C1FG34 - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	9,006	2,180	N/A	N/A	8
12/31/2025	8,311	1,740	N/A	N/A	18
12/31/2024	7,848	1,410	N/A	N/A	18
6/30/2024	7,228	1,220	2,952	3,073	N/A
3/31/2024	7,365	1,307	2,231	2,361	N/A
12/31/2023	7,537	1,491	2,789	2,961	N/A
9/30/2023	7,757	1,953	3,616	3,725	N/A
6/30/2023	7,969	2,164	5,556	5,717	N/A
3/31/2023	7,841	2,052	3,592	3,719	N/A
12/31/2022	7,547	1,960	3,993	4,119	N/A
9/30/2022	7,255	1,837	3,577	3,783	N/A
6/30/2022	6,893	1,730	1,915	2,063	N/A
3/31/2022	6,925	2,014	4,354	4,519	N/A
12/31/2021	7,058	2,206	2,151	2,275	N/A
9/30/2021	6,896	2,132	1,859	2,036	N/A
6/30/2021	6,567	1,917	1,317	1,414	N/A
3/31/2021	6,031	1,526	636	748	N/A
12/31/2020	5,289	950	-7	111	N/A
9/30/2020	5,233	953	-76	-28	N/A
6/30/2020	5,407	1,096	-431	-293	N/A
3/31/2020	5,652	1,306	-213	-102	N/A
12/31/2019	6,098	1,718	1,602	1,697	N/A
9/30/2019	6,079	1,741	1,346	1,530	N/A
6/30/2019	6,028	1,745	660	929	N/A
3/31/2019	5,921	1,735	1,139	1,535	N/A
12/31/2018	5,802	1,692	1,535	1,767	N/A
9/30/2018	5,710	1,908	1,105	1,640	N/A
6/30/2018	5,606	1,813	2,242	2,761	N/A
3/31/2018	5,482	1,706	N/A	1,734	N/A
12/31/2017	5,386	1,638	N/A	1,883	N/A
9/30/2017	5,205	1,254	N/A	1,742	N/A
6/30/2017	5,117	1,203	N/A	1,323	N/A
3/31/2017	5,031	1,128	N/A	1,969	N/A
12/31/2016	4,886	1,031	N/A	1,490	N/A
9/30/2016	4,783	970	N/A	1,596	N/A
6/30/2016	4,622	893	N/A	1,418	N/A
3/31/2016	4,531	840	N/A	1,505	N/A
12/31/2015	4,522	833	N/A	1,229	N/A
9/30/2015	4,483	809	N/A	1,014	N/A
6/30/2015	4,434	785	N/A	884	N/A
3/31/2015	4,447	908	N/A	788	N/A
12/31/2014	4,367	865	N/A	1,390	N/A
9/30/2014	4,286	820	N/A	2,220	N/A
6/30/2014	4,210	775	N/A	2,275	N/A
3/31/2014	4,112	-3,443	N/A	2,627	N/A
12/31/2013	4,164	-3,426	N/A	2,649	N/A
9/30/2013	4,201	-3,477	N/A	1,979	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: C1FG34's forecast earnings growth (22.7% per year) is above the savings rate (10.1%).

Earnings vs Market: C1FG34's earnings (22.7% per year) are forecast to grow faster than the BR market (13.8% per year).

High Growth Earnings: C1FG34's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: C1FG34's revenue (8.3% per year) is forecast to grow faster than the BR market (7.8% per year).

High Growth Revenue: C1FG34's revenue (8.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: C1FG34's Return on Equity is forecast to be low in 3 years time (8.4%).

Citizens Financial Group Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Citizens Financial Group Provides NII Guidance for 2022

Recent updates

Citizens Financial Group, Inc. Announces Board Changes

Citizens Financial Group, Inc. Declares Quarterly Common Stock Dividend, Payable on August 14, 2024

Citizens Financial Group Appoints Don McCree as Senior Vice Chair

Citizens Financial Group, Inc. Announces Executive Changes

Citizens Financial Group, Inc. to Report Q3, 2025 Results on Oct 15, 2025

Citizens Financial Group, Inc. Appoints Jim Weiss as Florida Market President

Citizens Financial Group, Inc Appoints Paul Casey as Head of Wealth Management, Effective July 9, 2024

Citizens Financial Group, Inc., Annual General Meeting, Apr 25, 2024

Citizens Financial Group Appoints Brendan Goode as Chief Security Officer, Effective from April 29, 2024

Citizens Financial Group, Inc. Announces Executive Appointments

Citizens Financial Group, Inc. Declares Quarterly Common Stock Dividend, Payable on November 15, 2023

Citizens Financial Group, Inc. Appoints Susan deTray as Head of Citizens Private Bank

Citizens Financial Group, Inc. Declares Quarterly Common Stock Dividend, Payable on August 16, 2023

Citizens Financial Group, Inc. Announces Appointment of Taira Hall as Head of Enterprise Payments

Citizens Financial Group, Inc. Introduces the Citizens Private Client World Elite Mastercard, the First Launch with Its Exclusive Payments Partner, Mastercard

Citizens Financial Group, Inc. Appoints Brendan Coughlin and Beth Johnson as Vice Chairmen

Citizens Financial Group, Inc. Appoints Brendan Coughlin and Beth Johnson as Vice Chairmen

Citizens Financial Group, Inc. to Report Q1, 2024 Results on Apr 17, 2024

Citizens Financial Group, Inc. Reports Net Charge-Offs for the Third Quarter Ended September 30, 2022

Citizens Financial Group, Inc. Declares A Quarterly Common Stock Dividend, Payable on November 16, 2022

Citizens Launches Carbon Offset Deposit Accounts for Corporate Clients

Citizens Financial Group, Inc. Unlocks Wide-Ranging Customer Benefits with Launch of CitizensPlus and Enhanced Private Bank

Citizens Financial Group, Inc. (NYSE:CFG) entered into a definitive agreement to acquire College Raptor, Inc.

Citizens Financial Group, Inc. Declares Quarterly Common Stock Dividend, Payable on August 16, 2022

Citizens Financial Group, Inc. (NYSE:CFG) entered into a definitive agreement to acquire Select Assets and Liabilities of Paladin Advisors, LLC.

John Carter to Join Citizens Bank's Board

Citizens Financial Group, Inc. Declares Common Stock Dividend for Second Quarter of 2022, Payable May 17, 2022

Citizens Financial Group, Inc. (NYSE:CFG) completed the acquisition of Investors Bancorp, Inc. (NasdaqGS:ISBC).

Citizens Financial Group, Inc. Names Ben Vinzant as Chief Data and Analytics Officer

Citizens Program Enables Corporate Clients to Offer Employees Early Access to Earned Wages

Citizens Financial Group, Inc. Appoints Polly N. Klane as Chief Legal Officer, effective April 4, 2022

Citizens Financial Group Provides NII Guidance for 2022

Citizens Financial Group, Inc. Provides Net Charge-Offs Guidance for the Year 2022

Citizens Financial Group, Inc. (NYSE:CFG) entered into a definitive merger agreement to acquire JMP Group LLC (NYSE:JMP) from its executive management and members of JMP’s Board of Directors and others for approximately $150 million.

Citizens Financial Group, Inc. (NYSE:CFG) entered into a definitive agreement to acquire Willamette Management Associates.

Citizens Launches Green Deposits for Corporate Clients

Citizens Financial Group, Inc. Reports Net Charge Offs for the First Quarter of 2021

Citizens Financial Group, Inc., Annual General Meeting, Apr 22, 2021

Citizens Announces Consumer Financing Partnership With BJ’s Wholesale Club

Citizens Financial Group, Inc. Appoints Radha Suvarna as Head of Enterprise Payments Innovation and Strategy, Effective February 4, 2021

Citizens Financial Group, Inc. Announces Board Changes, Effective February 1, 2021

Citizens Financial Group, Inc. Announces Board Changes

Citizens Financial Group, Inc. Appoints Donald Felix as Leader for Consumer Bank National Expansion

Citizens Financial Group, Inc. Announces Management Changes

Citizens Financial Group, Inc. Renews Partnership with Feeding America® to Combat Hunger

Citizens Financial Group, Inc. to Report Q1, 2021 Results on Apr 16, 2021

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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