CFG Bank Past Earnings Performance
Past criteria checks 5/6
CFG Bank has been growing earnings at an average annual rate of 76.3%, while the Banks industry saw earnings growing at 14.7% annually. Revenues have been growing at an average rate of 27% per year. CFG Bank's return on equity is 13.3%, and it has net margins of 28.6%.
Key information
76.3%
Earnings growth rate
59.1%
EPS growth rate
| Banks Industry Growth | 3.7% |
| Revenue growth rate | 27.0% |
| Return on equity | 13.3% |
| Net Margin | 28.6% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
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 |
|---|---|---|---|---|
| 30 Jun 24 | 736 | 210 | 58 | 0 |
| 31 Mar 24 | 682 | 188 | 57 | 0 |
| 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 (28.6%) are higher than last year (17%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CFG has become profitable over the past 5 years, growing earnings by 76.3% per year.
Accelerating Growth: CFG's earnings growth over the past year (129.5%) exceeds its 5-year average (76.3% per year).
Earnings vs Industry: CFG earnings growth over the past year (129.5%) exceeded the Banks industry 21.7%.
Return on Equity
High ROE: CFG's Return on Equity (13.3%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 10:29 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
CFG Bank SA is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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