Citizens Financial Group Past Earnings Performance
Past criteria checks 2/6
Citizens Financial Group has been growing earnings at an average annual rate of 4.4%, while the Banks industry saw earnings growing at 10.7% annually. Revenues have been growing at an average rate of 7.3% per year. Citizens Financial Group's return on equity is 6%, and it has net margins of 17.7%.
Key information
4.4%
Earnings growth rate
3.1%
EPS growth rate
| Banks Industry Growth | 10.4% |
| Revenue growth rate | 7.3% |
| Return on equity | 6.0% |
| Net Margin | 17.7% |
| Next Earnings Update | 17 Jul 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Citizens Financial Group 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 Mar 24 | 7,365 | 1,307 | 4,797 | 0 |
| 31 Dec 23 | 7,537 | 1,491 | 4,721 | 0 |
| 30 Sep 23 | 7,757 | 1,953 | 4,625 | 0 |
| 30 Jun 23 | 7,831 | 2,164 | 4,590 | 0 |
| 31 Mar 23 | 7,865 | 2,052 | 4,616 | 0 |
| 31 Dec 22 | 7,547 | 1,960 | 4,473 | 0 |
| 30 Sep 22 | 7,255 | 1,837 | 4,330 | 0 |
| 30 Jun 22 | 6,893 | 1,730 | 4,119 | 0 |
| 31 Mar 22 | 6,925 | 2,014 | 3,857 | 0 |
| 31 Dec 21 | 7,058 | 2,206 | 3,781 | 0 |
| 30 Sep 21 | 6,896 | 2,132 | 3,729 | 0 |
| 30 Jun 21 | 6,567 | 1,917 | 3,727 | 0 |
| 31 Mar 21 | 6,031 | 1,526 | 3,693 | 0 |
| 31 Dec 20 | 5,289 | 950 | 3,672 | 0 |
| 30 Sep 20 | 5,233 | 953 | 3,628 | 0 |
| 30 Jun 20 | 5,407 | 1,096 | 3,588 | 0 |
| 31 Mar 20 | 5,652 | 1,306 | 3,554 | 0 |
| 31 Dec 19 | 6,098 | 1,718 | 3,483 | 0 |
| 30 Sep 19 | 6,079 | 1,741 | 3,460 | 0 |
| 30 Jun 19 | 6,028 | 1,745 | 3,398 | 0 |
| 31 Mar 19 | 5,921 | 1,735 | 3,319 | 0 |
| 31 Dec 18 | 5,802 | 1,692 | 3,253 | 0 |
| 30 Sep 18 | 5,710 | 1,908 | 3,109 | 0 |
| 30 Jun 18 | 5,606 | 1,813 | 3,006 | 0 |
| 31 Mar 18 | 5,482 | 1,706 | 2,933 | 0 |
| 31 Dec 17 | 5,386 | 1,638 | 3,037 | 0 |
| 30 Sep 17 | 5,205 | 1,254 | 2,822 | 0 |
| 30 Jun 17 | 5,117 | 1,203 | 2,811 | 0 |
| 31 Mar 17 | 5,031 | 1,128 | 2,785 | 0 |
| 31 Dec 16 | 4,886 | 1,031 | 2,759 | 0 |
| 30 Sep 16 | 4,783 | 970 | 2,720 | 0 |
| 30 Jun 16 | 4,622 | 893 | 2,691 | 0 |
| 31 Mar 16 | 4,531 | 840 | 2,676 | 0 |
| 31 Dec 15 | 4,522 | 833 | 2,684 | 0 |
| 30 Sep 15 | 4,483 | 809 | 2,584 | 0 |
| 30 Jun 15 | 4,434 | 785 | 2,581 | 0 |
| 31 Mar 15 | 4,447 | 908 | 2,678 | 0 |
| 31 Dec 14 | 4,367 | 865 | 2,668 | 0 |
| 30 Sep 14 | 4,286 | 820 | 2,745 | 0 |
| 30 Jun 14 | 4,210 | 775 | 2,733 | 0 |
| 31 Mar 14 | 4,112 | -3,443 | 2,646 | 0 |
| 31 Dec 13 | 4,164 | -3,426 | 2,685 | 0 |
| 30 Sep 13 | 4,201 | -3,477 | 2,694 | 0 |
| 30 Jun 13 | 4,316 | -3,412 | 2,690 | 0 |
Quality Earnings: CFG * has high quality earnings.
Growing Profit Margin: CFG *'s current net profit margins (17.7%) are lower than last year (26.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CFG *'s earnings have grown by 4.4% per year over the past 5 years.
Accelerating Growth: CFG *'s has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CFG * had negative earnings growth (-36.3%) over the past year, making it difficult to compare to the Banks industry average (21%).
Return on Equity
High ROE: CFG *'s Return on Equity (6%) is considered low.