Citizens Financial Group (CFG)
Financials · $28.4B market cap · SEC CIK 0000759944
fundamentals score out of 100
Next reports on Oct 16, 2026, with analysts expecting $1.41 in earnings per share.
The case for CFG
- 25% of revenue drops through to net profit.
- Earnings per share up 37.2%.
- Pays a 6.3% dividend while you wait.
- Reasonably priced at 13.3× earnings.
- A PEG of 0.36: a P/E of 13.3× is low for EPS growing 37%.
- Trades at 1.13× book value, close to what the balance sheet says it owns.
The case against
- Return on equity of 8% is lower than 90% of Financials companies.
- Its weakest area is stability (51/100): beta 1.10, a 36% swing over the year.
What the score is made of
Each factor is half a curve over reported figures and half a rank among the other Financials companies (momentum is judged against fixed thresholds only), and the five are blended by weight. It describes the last filing and the current price. It is not a forecast.
| Valuewhat you pay for the earnings, sales, assets and cash | 76 |
|---|---|
| Growthhow fast revenue and earnings are moving, this year and over five | 59 |
| Profitabilityhow much of the revenue becomes profit, and how much of that is cash | 53 |
| Momentumhow the price has behaved lately | 63 |
| Stabilityhow violently it moves, what it owes and what it pays you | 51 |
- Its one-year revenue change (+63%) is far out of line with its five-year trend (+7% a year). In the Financials sector that is usually interest income swinging with rates rather than growth, so only the five-year figure is used.
- Its debt and cash flow are not scored, as for every company in the Financials sector: for banks, insurers and brokers, borrowing is the business.
- Each factor except momentum is half fixed thresholds, half rank among the 74 Financials companies.
Key numbers
| Price / earnings | 13.3× |
|---|---|
| Price / book | 1.13× |
| Price / sales | 1.5× |
| Revenue growth (YoY) | +62.7% (not used: out of line with the five-year +7.5% a year) |
| EPS growth (YoY) | +37.2% |
| Gross margin | — |
| Operating margin | 31% |
| Net margin | 25% |
| Return on equity | 8% |
| Debt / equity | 0.40× |
| Current ratio | n/a |
| Dividend yield | 6.25% |
| Beta | 1.10 |
| 52-week range | $47.96 – $75.33 |
| Position in that range | 64% of the way up |
| 3-month return | +0.4% |
| 1-year return | +25.8% |
Five years of financials, as filed
Pulled from Citizens Financial Group's XBRL filings on SEC EDGAR. Italic rows are derived from the rows above.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.5B | $1.3B | $1.3B | $1.3B |
| Net income | $1.8B | $1.5B | $1.6B | $2.1B | $2.3B |
| Operating cash flow | $2.2B | $2.0B | $3.0B | $4.1B | $2.3B |
| Total assets | $226B | $218B | $222B | $227B | $188B |
| Total liabilities | $200B | $193B | $198B | $203B | $165B |
| Shareholder equity | $26.3B | $24.3B | $24.3B | $23.7B | $23.4B |
| Cash | $12.7B | $10.6B | $11.6B | $10.5B | $9.2B |
| Long-term debt | $11.2B | $12.4B | $13.5B | $15.9B | $6.9B |
| Net margin | 112.0% | 98.4% | 127.0% | 159.6% | 175.0% |
| Diluted shares | 437M | 454M | 477M | 478M | 427M |
Share count is essentially flat over 4 years.
What Citizens Financial Group says it does
Citizens Financial Group, Inc. is headquartered in Providence, Rhode Island. We offer a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations, and institutions. Our products and services are offered through more than 1,000 branches in 14 states and the District of Columbia and 75 retail and commercial non-branch offices, though certain lines of business serve national markets. At December 31, 2025, we had total assets of $226.4 billion, total deposits of $183.3 billion, and total stockholders’ equity of $26.3 billion. In addition, we had total client assets of $61.9 billion, including assets under management of $35.9 billion, representing assets for which continuous and regular supervisory or management services are provided, and transactional assets of $26.0 billion, representing assets for which execution, custody, recordkeeping, reporting, and…
Risk factors CFG lists in its 10-K
- We may not be able to successfully execute our business strategy
- Inflationary pressures could have an adverse effect on our business, financial position, and results of operations
- Our ability to meet our obligations, and the cost of funds to do so, depend on our ability to access identified sources of liquidity at a reasonable cost
- Changes in interest rates may have an adverse effect on our liquidity and profitability
- A reduction in our credit ratings could have a material adverse effect on our business, financial condition, and results of operations
- Our financial performance may be adversely affected by deterioration in borrower credit quality
- Our framework for managing risks may not be effective in mitigating risk and loss
- Changes in our accounting policies or standards could materially affect how we report our financial results and condition
- Our financial and accounting estimates and risk management framework rely on analytical forecasting and models
- The preparation of our financial statements requires us to make subjective determinations and use estimates that may vary from actual results and materially impact our financial condition and results of operations
- Operational risks are inherent in our businesses
- We are subject to a variety of cybersecurity risks that, if realized, could adversely affect how we conduct our business
- We rely heavily on communications and information systems to conduct our business
- We rely on third parties for the performance of a significant portion of our information technology