| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
CFG Stock Overview
Citizens Financial Group, Inc. operates as the bank holding company for Citizens Bank, National Association that provides retail and commercial banking products and services in the United States.
Citizens Financial Group Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$52.16 |
| 52 Week High | US$57.00 |
| 52 Week Low | US$35.09 |
| Beta | 1.57 |
| 1 Month Change | 13.81% |
| 3 Month Change | 3.74% |
| 1 Year Change | 34.02% |
| 3 Year Change | 48.39% |
| 5 Year Change | 38.95% |
| Change since IPO | 126.00% |
Recent News & Updates
Citizens Financial: Acquisition-Driven Expansion Comes At A Moderately High Stock Price
The acquisition of Investors Bancorp and HSBC's branches will boost the loan and deposit portfolios by almost 20% in the first quarter of 2022. The outlook for organic loan growth is also bright due to economic factors. The provision expense will likely increase next year on the back of organic loan growth. The December 2022 target price suggests a small upside from the current market price. Further, CFG is offering a decent dividend yield.
Citizens Financial Group (NYSE:CFG) Has Re-Affirmed Its Dividend Of US$0.39
Citizens Financial Group, Inc. ( NYSE:CFG ) will pay a dividend of US$0.39 on the 12th of November. This makes the...
Shareholder Returns
| CFG | US Banks | US Market | |
|---|---|---|---|
| 7D | -6.4% | -5.8% | -4.6% |
| 1Y | 34.0% | 28.1% | 7.7% |
Return vs Industry: CFG exceeded the US Banks industry which returned 28.1% over the past year.
Return vs Market: CFG exceeded the US Market which returned 7.7% over the past year.
Price Volatility
| CFG volatility | |
|---|---|
| CFG Average Weekly Movement | 4.4% |
| Banks Industry Average Movement | 3.8% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in US Market | 15.7% |
| 10% least volatile stocks in US Market | 2.4% |
Stable Share Price: CFG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: CFG's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1828 | 17,496 | Bruce Van Saun | https://www.citizensbank.com |
Citizens Financial Group, Inc. operates as the bank holding company for Citizens Bank, National Association that provides retail and commercial banking products and services in the United States. The company operates in two segments, Consumer Banking and Commercial Banking. The Consumer Banking segment offers traditional banking products and services, including checking and savings accounts, home and education loans, credit cards, business loans, mortgage and home equity lending, and unsecured product finance and personal loans, as well as wealth management and investment services to retail customers and small businesses.
Citizens Financial Group Fundamentals Summary
| CFG fundamental statistics | |
|---|---|
| Market Cap | US$22.02b |
| Earnings (TTM) | US$2.32b |
| Revenue (TTM) | US$7.06b |
9.5x
P/E Ratio1.0x
P/B RatioIs CFG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CFG income statement (TTM) | |
|---|---|
| Revenue | US$7.06b |
| Cost of Revenue | US$0 |
| Gross Profit | US$7.06b |
| Expenses | US$4.74b |
| Earnings | US$2.32b |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Apr 19, 2022
| Earnings per share (EPS) | 5.49 |
| Gross Margin | 100.00% |
| Net Profit Margin | 32.86% |
| Debt/Equity Ratio | 30.8% |
How did CFG perform over the long term?
See historical performance and comparisonDividends
3.0%
Current Dividend Yield29%
Payout RatioValuation
Is Citizens Financial Group undervalued compared to its fair value and its price relative to the market?
40.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CFG ($52.16) is trading below our estimate of fair value ($87.52)
Significantly Below Fair Value: CFG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CFG is good value based on its PE Ratio (9.5x) compared to the US Banks industry average (11.2x).
PE vs Market: CFG is good value based on its PE Ratio (9.5x) compared to the US market (16.9x).
Price to Earnings Growth Ratio
PEG Ratio: CFG's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: CFG is good value based on its PB Ratio (1x) compared to the US Banks industry average (1.2x).
Future Growth
How is Citizens Financial Group forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
-1.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CFG's earnings are forecast to decline over the next 3 years (-1.2% per year).
Earnings vs Market: CFG's earnings are forecast to decline over the next 3 years (-1.2% per year).
High Growth Earnings: CFG's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CFG's revenue (8.2% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: CFG's revenue (8.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CFG's Return on Equity is forecast to be low in 3 years time (9.1%).
Past Performance
How has Citizens Financial Group performed over the past 5 years?
5.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CFG has high quality earnings.
Growing Profit Margin: CFG's current net profit margins (32.9%) are higher than last year (18%).
Past Earnings Growth Analysis
Earnings Trend: CFG's earnings have grown by 5.7% per year over the past 5 years.
Accelerating Growth: CFG's earnings growth over the past year (144.1%) exceeds its 5-year average (5.7% per year).
Earnings vs Industry: CFG earnings growth over the past year (144.1%) exceeded the Banks industry 43.6%.
Return on Equity
High ROE: CFG's Return on Equity (9.9%) is considered low.
Financial Health
How is Citizens Financial Group's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: CFG's Assets to Equity ratio (8x) is low.
Allowance for Bad Loans: CFG has a sufficient allowance for bad loans (248%).
Low Risk Liabilities: 94% of CFG's liabilities are made up of primarily low risk sources of funding.
Loan Level: CFG has an appropriate level of Loans to Assets ratio (67%).
Low Risk Deposits: CFG's Loans to Deposits ratio (82%) is appropriate.
Level of Bad Loans: CFG has an appropriate level of bad loans (0.6%).
Dividend
What is Citizens Financial Group current dividend yield, its reliability and sustainability?
2.99%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CFG's dividend (2.99%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: CFG's dividend (2.99%) is low compared to the top 25% of dividend payers in the US market (3.49%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, CFG has been paying a dividend for less than 10 years.
Growing Dividend: CFG's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (28.7%), CFG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CFG's dividends in 3 years are forecast to be well covered by earnings (37.2% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.2yrs
Average management tenure
CEO
Bruce Van Saun (64 yo)
8.25yrs
Tenure
US$14,335,323
Compensation
Mr. Bruce Winfield Van Saun has been an Independent Director of Moody’s Corporation since March 1, 2016. He has been the Chairman and Chief Executive Officer of Citizens Financial Group, Inc. since October...
CEO Compensation Analysis
Compensation vs Market: Bruce's total compensation ($USD14.34M) is about average for companies of similar size in the US market ($USD11.31M).
Compensation vs Earnings: Bruce's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: CFG's management team is considered experienced (4.2 years average tenure).
Board Members
Experienced Board: CFG's board of directors are considered experienced (7.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Citizens Financial Group, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Citizens Financial Group, Inc.
- Ticker: CFG
- Exchange: NYSE
- Founded: 1828
- Industry: Regional Banks
- Sector: Banks
- Implied Market Cap: US$22.019b
- Shares outstanding: 422.14m
- Website: https://www.citizensbank.com
Number of Employees
Location
- Citizens Financial Group, Inc.
- One Citizens Plaza
- Providence
- Rhode Island
- 2903
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/21 00:08 |
| End of Day Share Price | 2022/01/20 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/12/31 |
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.