CFG Bank Past Earnings Performance
Past criteria checks 5/6
CFG Bank has been growing earnings at an average annual rate of 74.5%, while the Banks industry saw earnings growing at 6% annually. Revenues have been growing at an average rate of 27.1% per year. CFG Bank's return on equity is 10.5%, and it has net margins of 26.4%.
Key information
74.5%
Earnings growth rate
60.7%
EPS growth rate
| Banks Industry Growth | 3.7% |
| Revenue growth rate | 27.1% |
| Return on equity | 10.5% |
| Net Margin | 26.4% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How CFG Bank makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 628 | 166 | 56 | 0 |
| 30 Sep 23 | 584 | 129 | 56 | 0 |
| 30 Jun 23 | 541 | 92 | 57 | 0 |
| 31 Mar 23 | 503 | 68 | 56 | 0 |
| 31 Dec 22 | 466 | 44 | 55 | 0 |
| 30 Sep 22 | 466 | 43 | 54 | 0 |
| 30 Jun 22 | 466 | 42 | 52 | 0 |
| 31 Mar 22 | 431 | 35 | 53 | 0 |
| 31 Dec 21 | 396 | 29 | 53 | 0 |
| 30 Sep 21 | 345 | 6 | 53 | 0 |
| 30 Jun 21 | 295 | -17 | 52 | 0 |
| 31 Mar 21 | 280 | -30 | 50 | 0 |
| 31 Dec 20 | 266 | -42 | 48 | 0 |
| 30 Sep 20 | 252 | -51 | 46 | 0 |
| 30 Jun 20 | 237 | -60 | 43 | 0 |
| 31 Mar 20 | 224 | -68 | 43 | 0 |
| 31 Dec 19 | 212 | -76 | 43 | 0 |
| 30 Sep 19 | 194 | -83 | 42 | 0 |
| 30 Jun 19 | 175 | -91 | 41 | 0 |
| 31 Mar 19 | 165 | -98 | 38 | 0 |
| 31 Dec 18 | 154 | -105 | 34 | 0 |
| 30 Jun 18 | 170 | -59 | 28 | 0 |
| 31 Mar 18 | 164 | -58 | 27 | 0 |
| 01 Jan 18 | 158 | -57 | 26 | 0 |
| 31 Dec 16 | 131 | -59 | 24 | 0 |
| 31 Dec 15 | 52 | -97 | 19 | 0 |
| 31 Dec 14 | 72 | -34 | 19 | 0 |
Quality Earnings: CFG has high quality earnings.
Growing Profit Margin: CFG's current net profit margins (26.4%) are higher than last year (9.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CFG has become profitable over the past 5 years, growing earnings by 74.5% per year.
Accelerating Growth: CFG's earnings growth over the past year (278.3%) exceeds its 5-year average (74.5% per year).
Earnings vs Industry: CFG earnings growth over the past year (278.3%) exceeded the Banks industry 23%.
Return on Equity
High ROE: CFG's Return on Equity (10.5%) is considered low.