Citizens Financial Group, Inc. is a retail bank holding company. The Company operates through two segments: Consumer Banking and Commercial Banking. Its Consumer Banking serves retail customers and small businesses. Consumer Banking products and services include deposit products, mortgage and home equity lending, auto financing, student loans, personal unsecured lines and loans, credit cards, business loans, wealth management and investment services. The Company's Commercial Banking segment offers a range of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange and interest rate risk management solutions, as well as corporate finance, merger and acquisition, and debt and equity capital markets capabilities.
Type
Public
HQ
Providence, US
Founded
1828
Size (employees)
17,200 (est)
Citizens Financial Group was founded in 1828 and is headquartered in Providence, US
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Key People/Management at Citizens Financial Group

Bruce Van Saun

Bruce Van Saun

Chairman and Chief Executive Officer
John F. Woods

John F. Woods

CFO
Mary Ellen Baker

Mary Ellen Baker

Head of Business Services
Brad L. Conner

Brad L. Conner

Vice Chairman, Consumer Banking
Brendan Coughlin

Brendan Coughlin

President, Consumer Deposits and Lending
Stephen T. Gannon

Stephen T. Gannon

General Counsel and Chief Legal Officer
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Citizens Financial Group Office Locations

Citizens Financial Group has offices in Charlotte, New Haven, Detroit, Wakefield and in 103 other locations
Providence, US (HQ)
1 Citizens Plz
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Citizens Financial Group Financials and Metrics

Citizens Financial Group Financials

Citizens Financial Group's revenue was reported to be $5.76 b in FY, 2016 which is a 9.2% increase from the previous period.
USD

Revenue (Q1, 2018)

1.7 b

Gross profit (Q1, 2018)

1.5 b

Gross profit margin (Q1, 2018), %

86.1%

Net income (Q1, 2018)

388 m

EBIT (Q1, 2018)

1.1 b

Market capitalization (14-Jun-2018)

20.1 b

Closing share price (14-Jun-2018)

41.4

Cash (31-Mar-2018)

1.2 b
Citizens Financial Group's current market capitalization is $20.1 b.
Annual
USDFY, 2014FY, 2015FY, 2016

Revenue

5 b5.3 b5.8 b

Revenue growth, %

6%9%

Cost of goods sold

452 m508 m

Gross profit

4.8 b5.3 b
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

1.3 b1.3 b1.3 b1.3 b1.4 b1.5 b1.5 b1.6 b1.6 b1.7 b

Cost of goods sold

106 m112 m118 m115 m123 m134 m155 m179 m202 m237 m

Gross profit

1.2 b1.2 b1.2 b1.2 b1.3 b1.4 b1.4 b1.4 b1.4 b1.5 b

Gross profit Margin, %

92%91%91%91%91%91%90%89%88%86%
Annual
USDFY, 2015FY, 2016

Cash

1.1 b955 m

Accounts Receivable

71 m

Inventories

162.5 m

PP&E

595 m601 m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

954 m961 m1.1 b839 m976 m915 m882 m904 m781 m1.2 b

PP&E

584 m580 m560 m570 m551 m540 m582 m600 m618 m687 m

Goodwill

6.9 b6.9 b6.9 b6.9 b6.9 b6.9 b6.9 b6.9 b6.9 b6.9 b

Total Assets

137 b137 b135 b140 b145 b147 b150 b151 b151 b153.5 b
Annual
USDFY, 2014FY, 2015FY, 2016

Net Income

840 m1 b

Depreciation and Amortization

471 m523 m

Cash From Operating Activities

519 m1.2 b1.5 b

Purchases of PP&E

(6.8 b)(7.7 b)
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Net Income

209 m399 m619 m223 m466 m763 m320 m638 m986 m388 m

Depreciation and Amortization

113 m234 m350 m112 m245 m387 m125 m257 m388 m122 m

Cash From Operating Activities

98 m515 m831 m374 m704 m1.2 b853 m537 m1.5 b704 m

Purchases of PP&E

(2.2 b)(4.1 b)(5.4 b)(706 m)(2.4 b)(4.8 b)(1.7 b)(2.3 b)(4.1 b)
USDY, 2018

Financial Leverage

7.7 x
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Citizens Financial Group Operating Metrics

Citizens Financial Group's Enterprise Customers was reported to be 4 m in FY, 2016.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015FY, 2016

ATMs

3.20 k3.20 k3.20 k

Bank Branches

1.20 k1.20 k1.20 k

Enterprise Customers

3.10 m3.10 m4 m

Non-accrual Loans

$1.09 b$1.13 b$1.04 b$1.02 b$1.05 b$1.05 b
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Citizens Financial Group Revenue Breakdown

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Citizens Financial Group revenue breakdown by business segment: 33.4% from Commercial Banking, 63.3% from Consumer Banking and 3.3% from Other

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Citizens Financial Group Online and Social Media Presence

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Citizens Financial Group News and Updates

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