Citizens Financial Group Management
Management criteria checks 4/4
Citizens Financial Group's CEO is Bruce Van Saun, appointed in Oct 2013, has a tenure of 11.17 years. total yearly compensation is $11.08M, comprised of 13.4% salary and 86.6% bonuses, including company stock and options. directly owns 0.26% of the company’s shares, worth $49.87M. The average tenure of the management team and the board of directors is 5.9 years and 5.8 years respectively.
Key information
Bruce Van Saun
Chief executive officer
US$11.1m
Total compensation
| CEO salary percentage | 13.4% |
| CEO tenure | 11.2yrs |
| CEO ownership | 0.3% |
| Management average tenure | 5.9yrs |
| Board average tenure | 5.8yrs |
Recent management updates
Recent updates
Citizens Financial Group (NYSE:CFG) Has Affirmed Its Dividend Of $0.42
Oct 19
Citizens Financial: After An In-Line Q3, Shares Appear Fairly Valued
Oct 16Citizens Financial Group's (NYSE:CFG) Dividend Will Be $0.42
Jul 20Citizens Financial Group Q2 Preview: Potential Reserve Build Is A Source Of Caution (Downgrade)
Jul 11Citizens Financial Group: Two Good Income Options
May 09Citizens Financial Group (NYSE:CFG) Has Announced A Dividend Of $0.42
Apr 22We Think Citizens Financial Group, Inc.'s (NYSE:CFG) CEO Compensation Package Needs To Be Put Under A Microscope
Apr 19Citizens Financial: Solid Dividend And Discount
Apr 18Citizens Financial Q4: Remains Attractive As The Swap Headwind Nears Its Peak
Jan 31Citizens Financial Group Preferred D Shares Set To Float At Yields Near 9.5%
Nov 27Citizens: A Buy Despite An Interest Rate Misstep
Oct 19Citizens Financial Upgrade To Strong Buy, Undervalued With 6.3% Dividend Yield
Sep 28Citizens Financial Group: A Potential 10% Preferred Dividend Yield Upon Reset
Aug 27The Recovery Of Citizens Financial Group
Aug 15Citizens Financial: A Value Play With 6.5% Dividend Yield
Jun 30Citizens Financial Group: Banking On The Stock's Recovery
Jun 05Citizens Financial Group boosts stock buyback plan by $1.15B
Feb 17Citizens Financial: Undervalued, But With Work Still To Do
Feb 08Citizens Financial adds Zelle to mobile app for small business customers
Feb 01Citizens Financial Q4 2022 Earnings Preview
Jan 13Citizens Financial cut to Neutral at Wedbush as recession risk rises
Jan 03Citizens Financial Q3 2022 Earnings Preview
Oct 18Citizens Financial launches tool to let businesses acquire carbon offsets in ESG push
Oct 12Citizens Financial Group to source 100% renewable power for operations
Sep 20Citizens Financial to acquire higher education planning platform College Raptor
Sep 13Citizens Financial to redeem fixed-to-floating rate subordinated notes due Oct 2027
Aug 16Citizens Financial Group: Healthy Dividend, Healthy Company
Aug 08CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$1b |
| Jun 30 2024 | n/a | n/a | US$1b |
| Mar 31 2024 | n/a | n/a | US$1b |
| Dec 31 2023 | US$11m | US$1m | US$1b |
| Sep 30 2023 | n/a | n/a | US$2b |
| Jun 30 2023 | n/a | n/a | US$2b |
| Mar 31 2023 | n/a | n/a | US$2b |
| Dec 31 2022 | US$12m | US$1m | US$2b |
| Sep 30 2022 | n/a | n/a | US$2b |
| Jun 30 2022 | n/a | n/a | US$2b |
| Mar 31 2022 | n/a | n/a | US$2b |
| Dec 31 2021 | US$12m | US$1m | US$2b |
| Sep 30 2021 | n/a | n/a | US$2b |
| Jun 30 2021 | n/a | n/a | US$2b |
| Mar 31 2021 | n/a | n/a | US$2b |
| Dec 31 2020 | US$14m | US$1m | US$950m |
| Sep 30 2020 | n/a | n/a | US$953m |
| Jun 30 2020 | n/a | n/a | US$1b |
| Mar 31 2020 | n/a | n/a | US$1b |
| Dec 31 2019 | US$10m | US$1m | US$2b |
| Sep 30 2019 | n/a | n/a | US$2b |
| Jun 30 2019 | n/a | n/a | US$2b |
| Mar 31 2019 | n/a | n/a | US$2b |
| Dec 31 2018 | US$9m | US$1m | US$2b |
| Sep 30 2018 | n/a | n/a | US$2b |
| Jun 30 2018 | n/a | n/a | US$2b |
| Mar 31 2018 | n/a | n/a | US$2b |
| Dec 31 2017 | US$9m | US$1m | US$2b |
Compensation vs Market: Bruce's total compensation ($USD11.08M) is about average for companies of similar size in the US market ($USD12.88M).
Compensation vs Earnings: Bruce's compensation has been consistent with company performance over the past year.
CEO
Bruce Van Saun (67 yo)
11.2yrs
Tenure
US$11,075,271
Compensation
Mr. Bruce Winfield Van Saun has been an Independent Director of Moody's Corporation (formerly known as Dun & Bradstreet Corp.) since March 1, 2016. He has been the Chairman and Chief Executive Officer of C...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman of the Board | 11.2yrs | US$11.08m | 0.26% $ 49.9m | |
| Vice Chairman & CFO | 7.8yrs | US$4.51m | 0.074% $ 14.1m | |
| Senior Vice Chairman & Head of Commercial Banking Division | 9.3yrs | US$4.48m | 0.060% $ 11.4m | |
| Executive VP | no data | US$3.47m | 0.053% $ 10.2m | |
| Chief Accounting Officer & Controller | less than a year | no data | 0.0017% $ 329.4k | |
| Executive VP | 5.9yrs | no data | 0.027% $ 5.2m | |
| Head of Investor Relations | 4.6yrs | no data | no data | |
| Executive VP | 2.7yrs | no data | 0.0075% $ 1.4m | |
| Executive VP & Chief Human Resources Officer | 13.9yrs | US$2.67m | 0.040% $ 7.7m | |
| Head of Citizens Private Wealth Manager | less than a year | no data | no data | |
| Executive VP | no data | no data | 0.039% $ 7.4m | |
| Senior Vice President of Benefits | no data | no data | no data |
5.9yrs
Average Tenure
60yo
Average Age
Experienced Management: CFG's management team is seasoned and experienced (5.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman of the Board | 11.2yrs | US$11.08m | 0.26% $ 49.9m | |
| Lead Independent Director | 5.8yrs | US$319.92k | 0% $ 0 | |
| Independent Director | 18.1yrs | US$299.32k | 0.0070% $ 1.3m | |
| Independent Director | 3.8yrs | US$274.37k | 0% $ 0 | |
| Independent Director | 13.6yrs | US$299.32k | 0.0017% $ 327.4k | |
| Independent Director | 2.7yrs | US$270.18k | 0.12% $ 22.3m | |
| Independent Director | 4.7yrs | US$290.99k | 0% $ 0 | |
| Independent Director | 2.7yrs | US$270.18k | 0.012% $ 2.2m | |
| Independent Director | 14.2yrs | US$349.32k | 0.0013% $ 241.3k | |
| Independent Director | 9.2yrs | US$342.65k | 0.00055% $ 105.3k | |
| Independent Director | 5.8yrs | US$306.58k | 0.00091% $ 174.3k | |
| Independent Director | 3.8yrs | US$289.37k | 0% $ 0 |
5.8yrs
Average Tenure
68yo
Average Age
Experienced Board: CFG's board of directors are considered experienced (5.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:30 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| 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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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
Citizens Financial Group, Inc. is covered by 36 analysts. 17 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 |
|---|---|
| null null | Argus Research Company |
| David George | Baird |
| Jason Goldberg | Barclays |