Citizens Financial (CFG)
Market Price (12/29/2025): $59.835 | Market Cap: $25.8 BilSector: Financials | Industry: Regional Banks
Citizens Financial (CFG)
Market Price (12/29/2025): $59.835Market Cap: $25.8 BilSector: FinancialsIndustry: Regional Banks
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.5%, Dividend Yield is 2.9%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 5.3%, FCF Yield is 11% | Trading close to highsDist 52W High is -0.1%, Dist 3Y High is -0.1% | Key risksCFG key risks include [1] prolonged pressure on its net interest margin due to a substantial exposure to legacy low-rate assets and swaps, Show more. |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -143% | Weak multi-year price returns3Y Excs Rtn is -0.9% | |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 35%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 34%, CFO LTM is 2.9 Bil, FCF LTM is 2.7 Bil | Moderate capital ratioTier 1 Capital / Risk Wtd Assets RatioTier 1 Capital / Risk-Weighted Assets is a common measure of financial strength for a bank. It reflects how much equity there is relative to assets where assets are weighted based on riskiness. Low ratios indicate the bank is highly vulnerable to even small changes in the value of their risk assets. is 9.8% | |
| Low stock price volatilityVol 12M is 32% | ||
| Uninsured deposits are lowUninsured Deposits Ratio %Fraction of deposits that exceed the insurance deposit thresholds. For example, the FDIC protects deposits up to $250K. A high uninsured deposits ratio indicates large accounts and greater potential exposure to bank run risk. is 28% | ||
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments, and AI in Financial Services. Themes include Online Banking & Lending, Digital Payments, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.5%, Dividend Yield is 2.9%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 5.3%, FCF Yield is 11% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -143% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 35%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 34%, CFO LTM is 2.9 Bil, FCF LTM is 2.7 Bil |
| Low stock price volatilityVol 12M is 32% |
| Uninsured deposits are lowUninsured Deposits Ratio %Fraction of deposits that exceed the insurance deposit thresholds. For example, the FDIC protects deposits up to $250K. A high uninsured deposits ratio indicates large accounts and greater potential exposure to bank run risk. is 28% |
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments, and AI in Financial Services. Themes include Online Banking & Lending, Digital Payments, Show more. |
| Trading close to highsDist 52W High is -0.1%, Dist 3Y High is -0.1% |
| Weak multi-year price returns3Y Excs Rtn is -0.9% |
| Moderate capital ratioTier 1 Capital / Risk Wtd Assets RatioTier 1 Capital / Risk-Weighted Assets is a common measure of financial strength for a bank. It reflects how much equity there is relative to assets where assets are weighted based on riskiness. Low ratios indicate the bank is highly vulnerable to even small changes in the value of their risk assets. is 9.8% |
| Key risksCFG key risks include [1] prolonged pressure on its net interest margin due to a substantial exposure to legacy low-rate assets and swaps, Show more. |
Why The Stock Moved
Qualitative Assessment
AI Analysis | Feedback
1. Strong First Quarter 2024 Earnings Performance. Citizens Financial Group reported solid first quarter 2024 financial results on April 17, 2024, with net income of $334 million and earnings per share (EPS) of $0.65. Positive earnings results and a favorable outlook can significantly boost investor confidence, driving stock appreciation.
2. Increased Share Repurchase Authorization and Robust Capital Position. On June 28, 2024, Citizens Financial Group announced a significant increase of $656 million to its common share repurchase program, bringing the total authorization to $1.25 billion. This move, coupled with a preliminary Stress Capital Buffer (SCB) of 4.5% (effective October 1, 2024) and a strong CET1 ratio, underscored the company's robust capital strength and commitment to returning capital to shareholders, which is often viewed positively by the market.
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Stock Movement Drivers
Fundamental Drivers
The 13.1% change in CFG stock from 9/28/2025 to 12/28/2025 was primarily driven by a 5.1% change in the company's P/E Multiple.| 9282025 | 12282025 | Change | |
|---|---|---|---|
| Stock Price ($) | 52.90 | 59.83 | 13.10% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 7844.00 | 8061.00 | 2.77% |
| Net Income Margin (%) | 20.30% | 21.14% | 4.15% |
| P/E Multiple | 14.41 | 15.15 | 5.11% |
| Shares Outstanding (Mil) | 433.64 | 431.37 | 0.52% |
| Cumulative Contribution | 13.09% |
Market Drivers
9/28/2025 to 12/28/2025| Return | Correlation | |
|---|---|---|
| CFG | 13.1% | |
| Market (SPY) | 4.3% | 52.5% |
| Sector (XLF) | 3.3% | 80.7% |
Fundamental Drivers
The 37.1% change in CFG stock from 6/29/2025 to 12/28/2025 was primarily driven by a 22.5% change in the company's P/E Multiple.| 6292025 | 12282025 | Change | |
|---|---|---|---|
| Stock Price ($) | 43.65 | 59.83 | 37.06% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 7766.00 | 8061.00 | 3.80% |
| Net Income Margin (%) | 19.93% | 21.14% | 6.05% |
| P/E Multiple | 12.36 | 15.15 | 22.54% |
| Shares Outstanding (Mil) | 438.32 | 431.37 | 1.59% |
| Cumulative Contribution | 37.03% |
Market Drivers
6/29/2025 to 12/28/2025| Return | Correlation | |
|---|---|---|
| CFG | 37.1% | |
| Market (SPY) | 12.6% | 54.6% |
| Sector (XLF) | 7.4% | 76.8% |
Fundamental Drivers
The 42.4% change in CFG stock from 12/28/2024 to 12/28/2025 was primarily driven by a 27.2% change in the company's Net Income Margin (%).| 12282024 | 12282025 | Change | |
|---|---|---|---|
| Stock Price ($) | 42.01 | 59.83 | 42.42% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 7807.00 | 8061.00 | 3.25% |
| Net Income Margin (%) | 16.61% | 21.14% | 27.24% |
| P/E Multiple | 14.46 | 15.15 | 4.72% |
| Shares Outstanding (Mil) | 446.56 | 431.37 | 3.40% |
| Cumulative Contribution | 42.26% |
Market Drivers
12/28/2024 to 12/28/2025| Return | Correlation | |
|---|---|---|
| CFG | 42.4% | |
| Market (SPY) | 17.0% | 74.5% |
| Sector (XLF) | 15.3% | 82.4% |
Fundamental Drivers
The 73.9% change in CFG stock from 12/29/2022 to 12/28/2025 was primarily driven by a 73.2% change in the company's P/E Multiple.| 12292022 | 12282025 | Change | |
|---|---|---|---|
| Stock Price ($) | 34.40 | 59.83 | 73.92% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 7510.00 | 8061.00 | 7.34% |
| Net Income Margin (%) | 25.97% | 21.14% | -18.59% |
| P/E Multiple | 8.74 | 15.15 | 73.22% |
| Shares Outstanding (Mil) | 495.65 | 431.37 | 12.97% |
| Cumulative Contribution | 71.00% |
Market Drivers
12/29/2023 to 12/28/2025| Return | Correlation | |
|---|---|---|
| CFG | 95.9% | |
| Market (SPY) | 48.4% | 60.0% |
| Sector (XLF) | 51.8% | 78.7% |
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| CFG Return | -7% | 37% | -13% | -11% | 38% | 42% | 93% |
| Peers Return | 16% | 38% | -12% | 21% | 26% | 16% | 150% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 18% | 114% |
Monthly Win Rates [3] | |||||||
| CFG Win Rate | 58% | 67% | 50% | 50% | 58% | 67% | |
| Peers Win Rate | 52% | 65% | 42% | 68% | 57% | 52% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| CFG Max Drawdown | -62% | -2% | -28% | -40% | -7% | -21% | |
| Peers Max Drawdown | -34% | -5% | -26% | -7% | -9% | -23% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL. See CFG Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/26/2025 (YTD)
How Low Can It Go
| Event | CFG | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -59.4% | -25.4% |
| % Gain to Breakeven | 146.4% | 34.1% |
| Time to Breakeven | 775 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -62.5% | -33.9% |
| % Gain to Breakeven | 166.8% | 51.3% |
| Time to Breakeven | 302 days | 148 days |
| 2018 Correction | ||
| % Loss | -41.6% | -19.8% |
| % Gain to Breakeven | 71.3% | 24.7% |
| Time to Breakeven | 862 days | 120 days |
Compare to HPQ, HPE, IBM, CSCO, AAPL
In The Past
Citizens Financial's stock fell -59.4% during the 2022 Inflation Shock from a high on 1/14/2022. A -59.4% loss requires a 146.4% gain to breakeven.
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AI Analysis | Feedback
```html- A Bank of America, but with a more concentrated presence in the Northeast and Mid-Atlantic U.S.
- Think of it as a super-regional version of JPMorgan Chase, focused on providing a full range of banking services across the Northeast and Mid-Atlantic.
- Like a Wells Fargo for the Northeast and Mid-Atlantic, offering similar retail and commercial banking services but on a more regional scale.
AI Analysis | Feedback
- Retail Banking Services: Citizens Financial offers checking, savings, money market accounts, and certificates of deposit to individual customers.
- Consumer Lending: The company provides a range of loans to individuals, including mortgages, home equity, auto loans, student loans, and credit cards.
- Commercial Lending: Citizens Financial offers various credit facilities and loans to businesses, encompassing corporate finance, commercial real estate, and equipment finance.
- Wealth Management: This service provides financial planning, investment management, and private banking solutions primarily to affluent individuals and institutions.
- Treasury and Capital Markets Services: For its business clients, Citizens Financial delivers cash management solutions, foreign exchange, interest rate risk management, and capital markets advisory.
AI Analysis | Feedback
Citizens Financial Group (CFG) is a diversified financial services company that serves both individual consumers and various types of businesses. Due to the nature of banking and its broad client base, specific major corporate customers are not publicly disclosed. Therefore, the company primarily serves the following categories of customers:
- Individuals and Households: This extensive segment includes everyday consumers who utilize personal banking services such as checking and savings accounts, credit cards, mortgages, home equity lines of credit, auto loans, student loans, and wealth management services. Citizens caters to a wide spectrum of individual financial needs.
- Small and Medium-Sized Businesses (SMBs): Citizens provides a comprehensive suite of banking solutions to businesses ranging from sole proprietorships and small local enterprises to larger middle-market companies. Services for this category include business checking and savings accounts, commercial loans, lines of credit, treasury management, and various financial advisory services designed to support business growth and operations.
- Large Corporations and Institutional Clients: This segment encompasses larger corporate entities, institutional investors, and commercial real estate clients. Citizens offers specialized and sophisticated financial services such as corporate finance, capital markets solutions (including debt and equity capital markets), mergers & acquisitions advisory, syndicated lending, and advanced treasury and risk management services to meet the complex requirements of these larger organizations.
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Bruce Van Saun, Chairman and Chief Executive Officer
Bruce Van Saun joined Citizens Financial Group in October 2013 and led the company through its successful initial public offering in September 2014, and full independence from RBS in October 2015. He has over 30 years of financial services experience. Prior to Citizens, he served as Group Finance Director and an executive director on the RBS Board from 2009 to 2013. From 1997 to 2008, Van Saun held various senior positions with Bank of New York and Bank of New York Mellon, including Vice Chairman and Chief Financial Officer. During his time at Bank of New York Mellon, he was involved in strategic transformations, including over 80 transactions such as the merger with Mellon, a business swap with JP Morgan, and the acquisition of Pershing. Earlier in his career, he held senior positions at Deutsche Bank, Wasserstein Perella Group, and Kidder Peabody & Co. He is currently a director of Moody's Corporation and serves on the Federal Reserve Bank of Boston board.
Aunoy Banerjee, Executive Vice President and Chief Financial Officer
Aunoy Banerjee was appointed Executive Vice President and Chief Financial Officer of Citizens Financial Group, effective October 24, 2025. He is a 25-year financial services veteran. Prior to joining Citizens, Banerjee served as CFO of Barclays Bank PLC, where he led a global team supporting various business lines including U.S. Consumer, Global Corporate and Investment Banking, and Private Bank and Wealth Management. Before Barclays, he spent eight years at State Street in various finance and transformation roles, including Head of Investments & Third Party Management and Chair of State Street India, and as Chief Transformation Officer. He also spent 11 years at Citi in roles such as Business Unit CFO for Capital Markets and Securities Services. He began his career at General Electric in its Finance Management Leadership Program.
Brendan Coughlin, President
Brendan Coughlin was named President of Citizens Financial Group in April 2025, overseeing Consumer Banking, Private Banking, and Wealth Management, as well as Enterprise Data & Analytics and Marketing. He has been with Citizens for 20 years and has been instrumental in developing and launching innovative offerings such as merchant point-of-sale financing partnerships with Apple and Microsoft, national education refinance products, and the expansion of the Consumer franchise into new markets. In 2023, he led the launch of Citizens Private Bank. Before joining Citizens, Coughlin worked at Bank of America and FleetBoston Financial in corporate strategy, mortgage product management, and retail distribution/M&A.
Michael Ruttledge, Chief Information Officer and Head of Technology Services
Michael Ruttledge is the Chief Information Officer and Head of Technology Services for Citizens Financial Group, overseeing all aspects of the bank's technology environment. He joined Citizens in 2019. Prior to Citizens, he served as a group chief information officer at American Express. He has over 20 years of experience in infrastructure and engineering roles within the financial services industry, including payments, merchant services, customer service, risk, fraud, banking, and finance. Ruttledge is recognized for developing vision and strategy to execute new digital capabilities, big data, payments, and next-generation analytics platforms.
Ted Swimmer, Head of Commercial Banking
Ted Swimmer was appointed Head of Commercial Banking for Citizens Financial Group, effective October 7, 2025. He is a 30-year banking industry veteran and joined Citizens in 2010 as executive vice president and head of capital markets. He was named to the bank's Executive Committee in 2018. Under his leadership, the Capital Markets & Advisory team became a consistent Top 5 U.S. Middle Market Deal Bookrunner. Prior to joining Citizens, Swimmer held senior positions at Wachovia, including managing its Leveraged Finance activities and running Loan Syndicate and Sales.
AI Analysis | Feedback
Here are the key risks to Citizens Financial (CFG):1. Interest Rate Risk
Citizens Financial faces significant interest rate risk due to its substantial exposure to legacy low-rate assets and swaps. This positioning can weigh on the company's net interest margin and earnings potential for an extended period, as these fixed-rate exposures gradually roll off. Changes in market interest rates directly influence the pricing of Citizens' assets and liabilities, thereby affecting its crucial net interest income stream.
2. Credit Risk, Particularly in Commercial Real Estate
The potential for credit deterioration, especially within its commercial real estate (CRE) lending portfolio, is a key concern for Citizens Financial. The bank has a "modestly higher" exposure to office-related loans compared to some peers, which has led to increased loan-loss reserves to account for commercial real estate stress. Nonaccrual loans have seen an increase, driven by stressed office-related loans, indicating ongoing challenges in this sector.
3. Regulatory and Compliance Risk
As a financial services organization, Citizens Financial operates in a highly regulated environment, subjecting it to comprehensive oversight, supervision, and examination by federal bodies such as the Federal Reserve Board (FRB) and the Office of the Comptroller of the Currency (OCC). A failure to adhere to capital adequacy and liquidity standards, or the imposition of new, stricter capital requirements (like those proposed under Basel III "Endgame"), could materially and adversely affect the company's financial condition, operational flexibility, and ability to make capital distributions.
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The accelerating disruption from digital-first challenger banks (neobanks), specialized fintech lenders, and Big Tech companies expanding into financial services. These players leverage superior technology, user experience, and often lower cost structures to capture market share in deposits, payments, and various lending products. This directly challenges Citizens Financial's traditional banking model and its role as the primary financial intermediary and customer relationship holder. For instance, the growing adoption of high-yield savings accounts offered by technology companies (e.g., Apple Savings account with Goldman Sachs) directly competes for the deposit base that traditional banks rely on, while fintechs provide streamlined alternatives for various lending products and payment processing.
AI Analysis | Feedback
Citizens Financial Group (CFG) operates in several key addressable markets primarily within the United States, including Consumer Banking, Commercial Banking, and Wealth Management.
Consumer Banking
The U.S. retail banking market, which encompasses Consumer Banking services such as banking, lending, savings, and small business offerings, is valued at approximately USD 0.87 trillion in 2025. This market is projected to grow to USD 1.08 trillion by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 4.22% during this period. Other estimates suggest the U.S. Retail Banking Market was valued at USD 1,984.7 billion in 2023 and is projected to reach USD 3,554 billion by 2033, with a CAGR of 6.0%.
Commercial Banking
The addressable market for Commercial Banking in the U.S., which includes services like lending, leasing, deposit and treasury management, and corporate finance, is estimated at USD 732.5 billion in 2025. This market is forecasted to grow to USD 915.45 billion by 2030, with a CAGR of 4.56%. Another projection for the US Commercial Banking Market size is USD 226.44 billion in 2024, expected to reach USD 269.28 billion by 2029. Globally, the commercial lending market was valued at USD 9.7 trillion in 2023 and is projected to reach USD 23.06 trillion by 2032, growing at a CAGR of 10.1% from 2025 to 2032.
Wealth Management
In the U.S., the wealth management market's Assets Under Management (AUM) were approximately USD 64.4 trillion in 2024, with expectations to reach USD 87.35 trillion by 2028. The United States holds a significant portion of the global AUM, accounting for approximately 54.2% of the total in 2025, when global AUM reached $162 trillion. Citizens Financial Group has been strategically expanding its Citizens Private Bank, targeting high-net-worth individuals, which saw substantial growth in deposits and AUM by Q1 and Q2 2025.
AI Analysis | Feedback
Citizens Financial Group (CFG) is anticipated to drive future revenue growth over the next two to three years through several strategic initiatives and market dynamics:
- Expansion of Private Bank and Wealth Management: Citizens Financial is focused on expanding its Private Bank sector and wealth management capabilities. This includes significant growth in deposits and assets under management (AUM), along with strategic geographical expansion into affluent segments such as the New York City Metro area, Southern California, and the Bay Area. The Private Bank is demonstrating strong performance and is expected to contribute to increased market share and higher revenues from these segments.
- Improvement and Stabilization of Net Interest Income (NII) and Net Interest Margin (NIM): The projected lowering of interest rates by the Federal Reserve in 2025 is expected to stabilize deposit and funding costs, consequently boosting net interest income and margin. Citizens Financial anticipates an improvement in its Net Interest Margin (NIM) by Q4 2025 and has set targets for 2027, indicating confidence in enhancing profitability from its core lending activities.
- Growth in Non-Interest Income, particularly from Capital Markets and Wealth Management: The company has reported strong fee performance in its capital markets and wealth management divisions. Capital markets revenues have shown significant increases, with robust pipelines, and non-interest income is broadly expected to rise. This diversified income stream is a key component of the bank's revenue growth strategy.
- Strategic Loan Growth through Commercial Middle Market Investments and New Product Launches: Citizens Financial is investing in solidifying its commercial middle market coverage in key expansion markets. Additionally, the launch of new card products is expected to stimulate card loan growth. While overall loan growth may see some fluctuations, these targeted investments and product introductions aim to drive stable to slightly positive loan growth.
- "Reimagine the Bank" and Operational Efficiency Initiatives: Programs like "Reimagine the Bank" (including initiatives like TOP 9 and the upcoming TOP 10) are designed to deliver substantial cost efficiencies, with a projected run-rate benefit of over $400 million by 2027 for "Reimagine the Bank" and $100 million for TOP 10. While primarily cost-focused, these efficiencies enhance overall profitability and free up capital that can be reinvested into growth initiatives, thereby indirectly supporting future revenue expansion.
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Share Repurchases
- Citizens Financial Group's board of directors increased its common share repurchase program capacity to $1.5 billion in June 2025, an expansion of $1.2 billion from the $300 million remaining under the prior June 2024 authorization.
- The company repurchased approximately $1.35 billion in common stock during fiscal year 2024.
- In February 2023, the company authorized an additional $1.15 billion for its share repurchase program, resulting in a total authorization of $2 billion at that time.
Share Issuance
- In April 2022, Citizens Financial Group acquired Investors Bancorp, Inc., a transaction that involved a combination of stock and cash, leading former Investors shareholders to collectively own approximately 14% of the combined entity.
Outbound Investments
- Citizens Financial Group completed the acquisition of Investors Bancorp, Inc. in April 2022, a deal that was valued at approximately $3.5 billion based on closing prices in July 2021.
- Concurrent with the Investors Bancorp acquisition, Citizens also completed the acquisition of HSBC's East Coast branches and national online deposit business in April 2022.
- In October 2022, the company acquired HV Bancorp for $67.4 million.
Capital Expenditures
- Capital expenditures remained moderate at $122 million in fiscal year 2024.
- The company has been actively investing in technology and enhancing its Private Bank and wealth management initiatives.
- The "Reimagine the Bank" initiative is expected to yield over $400 million in run-rate benefits by 2027, driven by investments in areas such as automation and AI integration.
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Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for Citizens Financial
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 69.00 |
| Mkt Cap | 158.8 |
| Rev LTM | 56,496 |
| Op Inc LTM | 11,544 |
| FCF LTM | 7,327 |
| FCF 3Y Avg | 7,366 |
| CFO LTM | 8,590 |
| CFO 3Y Avg | 8,697 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 5.2% |
| Rev Chg 3Y Avg | 2.7% |
| Rev Chg Q | 9.4% |
| QoQ Delta Rev Chg LTM | 2.1% |
| Op Mgn LTM | 17.7% |
| Op Mgn 3Y Avg | 16.4% |
| QoQ Delta Op Mgn LTM | 0.1% |
| CFO/Rev LTM | 22.2% |
| CFO/Rev 3Y Avg | 23.8% |
| FCF/Rev LTM | 20.1% |
| FCF/Rev 3Y Avg | 21.6% |
Segment Financials
Revenue by Segment| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Consumer Banking | 5,254 | 4,712 | 4,785 | 4,966 | 4,338 |
| Commercial Banking | 3,076 | 2,948 | 2,515 | 2,238 | 2,073 |
| Other | 23 | -17 | -653 | -299 | 80 |
| Non-Core | -129 | 378 | |||
| Total | 8,224 | 8,021 | 6,647 | 6,905 | 6,491 |
| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Commercial Banking | 1,153 | 1,304 | 1,086 | 774 | 870 |
| Consumer Banking | 1,059 | 955 | 1,203 | 1,285 | 875 |
| Non-Core | -244 | 142 | |||
| Other | -360 | -328 | 30 | -1,002 | 46 |
| Total | 1,608 | 2,073 | 2,319 | 1,057 | 1,791 |
Price Behavior
| Market Price | $59.83 | |
| Market Cap ($ Bil) | 25.8 | |
| First Trading Date | 09/24/2014 | |
| Distance from 52W High | -0.1% | |
| 50 Days | 200 Days | |
| DMA Price | $53.73 | $46.56 |
| DMA Trend | up | up |
| Distance from DMA | 11.3% | 28.5% |
| 3M | 1YR | |
| Volatility | 27.9% | 32.0% |
| Downside Capture | 72.13 | 111.74 |
| Upside Capture | 116.69 | 129.52 |
| Correlation (SPY) | 52.9% | 74.4% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.12 | 1.28 | 1.19 | 1.39 | 1.23 | 1.29 |
| Up Beta | 0.65 | 1.17 | 1.24 | 1.51 | 1.00 | 1.26 |
| Down Beta | 0.89 | 1.87 | 1.84 | 1.70 | 1.58 | 1.34 |
| Up Capture | 190% | 110% | 87% | 154% | 139% | 191% |
| Bmk +ve Days | 12 | 25 | 38 | 73 | 141 | 426 |
| Stock +ve Days | 11 | 23 | 34 | 71 | 136 | 385 |
| Down Capture | 94% | 107% | 92% | 101% | 113% | 106% |
| Bmk -ve Days | 7 | 16 | 24 | 52 | 107 | 323 |
| Stock -ve Days | 8 | 18 | 28 | 54 | 112 | 361 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Comparison of CFG With Other Asset Classes (Last 1Y) | |||||||
|---|---|---|---|---|---|---|---|
| CFG | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 43.0% | 16.3% | 17.8% | 72.1% | 8.6% | 4.4% | -8.2% |
| Annualized Volatility | 31.7% | 19.0% | 19.4% | 19.3% | 15.2% | 17.0% | 35.0% |
| Sharpe Ratio | 1.15 | 0.67 | 0.72 | 2.70 | 0.34 | 0.09 | -0.08 |
| Correlation With Other Assets | 82.3% | 74.4% | -8.8% | 27.5% | 59.3% | 28.6% | |
ETFs used for asset classes: Sector ETF = XLF, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data
| Comparison of CFG With Other Asset Classes (Last 5Y) | |||||||
|---|---|---|---|---|---|---|---|
| CFG | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 16.3% | 16.1% | 14.7% | 18.7% | 11.5% | 4.6% | 30.8% |
| Annualized Volatility | 34.6% | 18.9% | 17.1% | 15.5% | 18.7% | 18.9% | 48.6% |
| Sharpe Ratio | 0.51 | 0.71 | 0.70 | 0.97 | 0.50 | 0.16 | 0.57 |
| Correlation With Other Assets | 80.6% | 58.5% | -3.8% | 17.3% | 49.5% | 24.3% | |
ETFs used for asset classes: Sector ETF = XLF, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Comparison of CFG With Other Asset Classes (Last 10Y) | |||||||
|---|---|---|---|---|---|---|---|
| CFG | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 12.6% | 13.2% | 14.8% | 15.3% | 7.0% | 5.3% | 69.2% |
| Annualized Volatility | 38.4% | 22.3% | 18.0% | 14.7% | 17.6% | 20.8% | 55.8% |
| Sharpe Ratio | 0.43 | 0.55 | 0.71 | 0.86 | 0.32 | 0.22 | 0.90 |
| Correlation With Other Assets | 84.3% | 63.8% | -11.6% | 26.3% | 52.8% | 15.1% | |
ETFs used for asset classes: Sector ETF = XLF, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/15/2025 | -0.2% | -1.9% | 2.6% |
| 7/17/2025 | 3.9% | 6.2% | 5.7% |
| 4/16/2025 | -1.8% | 1.1% | 16.9% |
| 1/17/2025 | 1.6% | 1.4% | 0.9% |
| 10/16/2024 | -2.5% | -4.3% | 7.8% |
| 7/17/2024 | 3.3% | 6.8% | 2.3% |
| 4/17/2024 | 1.9% | 7.9% | 15.1% |
| 1/17/2024 | 1.7% | 6.0% | 1.6% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 14 | 16 | 19 |
| # Negative | 10 | 8 | 5 |
| Median Positive | 3.3% | 4.7% | 5.7% |
| Median Negative | -2.0% | -4.7% | -3.1% |
| Max Positive | 15.6% | 17.8% | 17.9% |
| Max Negative | -5.6% | -13.0% | -12.1% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302025 | 11032025 | 10-Q 9/30/2025 |
| 6302025 | 8042025 | 10-Q 6/30/2025 |
| 3312025 | 5012025 | 10-Q 3/31/2025 |
| 12312024 | 2132025 | 10-K 12/31/2024 |
| 9302024 | 11042024 | 10-Q 9/30/2024 |
| 6302024 | 8062024 | 10-Q 6/30/2024 |
| 3312024 | 5062024 | 10-Q 3/31/2024 |
| 12312023 | 2162024 | 10-K 12/31/2023 |
| 9302023 | 11062023 | 10-Q 9/30/2023 |
| 6302023 | 8082023 | 10-Q 6/30/2023 |
| 3312023 | 5102023 | 10-Q 3/31/2023 |
| 12312022 | 2172023 | 10-K 12/31/2022 |
| 9302022 | 11042022 | 10-Q 9/30/2022 |
| 6302022 | 8032022 | 10-Q 6/30/2022 |
| 3312022 | 5042022 | 10-Q 3/31/2022 |
| 12312021 | 2232022 | 10-K 12/31/2021 |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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