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

CBSE:CFG Revenue, expenses and earnings (MAD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	736	210	58
31 Mar 24	682	188	57
31 Dec 23	628	166	56
30 Sep 23	584	129	56
30 Jun 23	541	92	57
31 Mar 23	503	68	56
31 Dec 22	466	44	55
30 Sep 22	466	43	54
30 Jun 22	466	42	52
31 Mar 22	431	35	53
31 Dec 21	396	29	53
30 Sep 21	345	6	53
30 Jun 21	295	-17	52
31 Mar 21	280	-30	50
31 Dec 20	266	-42	48
30 Sep 20	252	-51	46
30 Jun 20	237	-60	43
31 Mar 20	224	-68	43
31 Dec 19	212	-76	43
30 Sep 19	194	-83	42
30 Jun 19	175	-91	41
31 Mar 19	165	-98	38
31 Dec 18	154	-105	34
30 Jun 18	170	-59	28
31 Mar 18	164	-58	27
01 Jan 18	158	-57	26
31 Dec 16	131	-59	24
31 Dec 15	52	-97	19
31 Dec 14	72	-34	19

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	2025/02/07 14:12
End of Day Share Price	2025/02/07 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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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.

Analysis Model and Snowflake

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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 Github.

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.