Citizens Financial Group
Market Cap
US$21.5b
Last Updated
2021/05/17 00:26 UTC
Data Sources
Company Financials +
Executive Summary
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. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 3.4% per year for the next 3 years
Snowflake Analysis
Flawless balance sheet with proven track record.
Similar Companies
Share Price & News
How has Citizens Financial Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CFG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: CFG's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
2.1%
CFG
1.0%
US Banks
-1.7%
US Market
1 Year Return
153.4%
CFG
99.1%
US Banks
50.8%
US Market
Return vs Industry: CFG exceeded the US Banks industry which returned 99.1% over the past year.
Return vs Market: CFG exceeded the US Market which returned 50.8% over the past year.
Shareholder returns
| CFG | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.1% | 1.0% | -1.7% |
| 30 Day | 12.6% | 6.8% | -1.5% |
| 90 Day | 24.6% | 21.2% | 0.4% |
| 1 Year | 166.0%153.4% | 105.2%99.1% | 53.3%50.8% |
| 3 Year | 38.1%21.4% | 31.9%20.6% | 61.5%51.4% |
| 5 Year | 159.3%119.6% | 115.1%88.0% | 125.8%100.7% |
Long-Term Price Volatility Vs. Market
How volatile is Citizens Financial Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Shareholders May Be More Conservative With Citizens Financial Group, Inc.'s (NYSE:CFG) CEO Compensation For Now1 month ago | Simply Wall St
Are Insiders Buying Citizens Financial Group, Inc. (NYSE:CFG) Stock?2 months ago | Simply Wall St
Did You Participate In Any Of Citizens Financial Group's (NYSE:CFG) Fantastic 138% Return ?Valuation
Is Citizens Financial Group undervalued compared to its fair value and its price relative to the market?
13.1%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CFG ($50.47) is trading below our estimate of fair value ($58.11)
Significantly Below Fair Value: CFG is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: CFG is poor value based on its PE Ratio (14.1x) compared to the US Banks industry average (12x).
PE vs Market: CFG is good value based on its PE Ratio (14.1x) compared to the US market (19.8x).
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 (1.1x).
Future Growth
How is Citizens Financial Group forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
-3.4%
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 (-3.4% per year).
Earnings vs Market: CFG's earnings are forecast to decline over the next 3 years (-3.4% per year).
High Growth Earnings: CFG's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CFG's revenue (4% per year) is forecast to grow slower than the US market (9% per year).
High Growth Revenue: CFG's revenue (4% 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 (8.2%).
Past Performance
How has Citizens Financial Group performed over the past 5 years?
5.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CFG has high quality earnings.
Growing Profit Margin: CFG's current net profit margins (25.3%) are higher than last year (23.1%).
Past Earnings Growth Analysis
Earnings Trend: CFG's earnings have grown by 5.1% per year over the past 5 years.
Accelerating Growth: CFG's earnings growth over the past year (16.8%) exceeds its 5-year average (5.1% per year).
Earnings vs Industry: CFG earnings growth over the past year (16.8%) underperformed the Banks industry 18.3%.
Return on Equity
High ROE: CFG's Return on Equity (7.2%) 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 (8.3x) is low.
Allowance for Bad Loans: CFG has a sufficient allowance for bad loans (218%).
Low Risk Liabilities: 92% 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 (64%).
Low Risk Deposits: CFG's Loans to Deposits ratio (79%) is appropriate.
Level of Bad Loans: CFG has an appropriate level of bad loans (0.8%).
Dividend
What is Citizens Financial Group current dividend yield, its reliability and sustainability?
3.09%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CFG's dividend (3.09%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: CFG's dividend (3.09%) is low compared to the top 25% of dividend payers in the US market (3.42%).
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 (43.6%), 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 (38.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.5yrs
Average management tenure
CEO
Bruce Van Saun (63 yo)
7.58yrs
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 ($USD11.15M).
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 (3.5 years average tenure).
Board Members
Experienced Board: CFG's board of directors are considered experienced (6.2 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Citizens Financial Group, Inc.'s company bio, 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
- Market Cap: US$21.497b
- Shares outstanding: 425.93m
- Website: https://www.citizensbank.com
Number of Employees
Location
- Citizens Financial Group, Inc.
- One Citizens Plaza
- Providence
- Rhode Island
- 2903
- United States
Listings
Biography
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 compa...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/17 00:26 |
| End of Day Share Price | 2021/05/14 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
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.