OverviewSuggest Edit

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.
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TypePublic
Founded1828
HQProvidence, US
Websitecitizensbank.com

Latest Updates

Employees (est.) (Feb 2019)18,140(+4%)
Job Openings1,154
Revenue (FY, 2016)$5.8 B(+10%)
Share Price (Feb 2019)$36.3

Key People/Management at Citizens Financial

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 Office Locations

Citizens Financial has offices in Providence, New Haven, Detroit, Hanover and in 104 other locations
Providence, US (HQ)
1 Citizens Plz
Show all (109)
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Citizens Financial Financials and Metrics

Citizens Financial Revenue

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

Revenue (Q3, 2018)

1.9b

Gross profit (Q3, 2018)

1.6b

Gross profit margin (Q3, 2018), %

82.6%

Net income (Q3, 2018)

443.0m

EBIT (Q3, 2018)

1.1b

Market capitalization (13-Feb-2019)

16.9b

Closing stock price (13-Feb-2019)

36.3

Cash (30-Sep-2018)

976.0m
Citizens Financial's current market capitalization is $16.9 b.
Annual
USDFY, 2014FY, 2015FY, 2016

Revenue

5.0b5.3b5.8b

Revenue growth, %

6%9%

Cost of goods sold

452.0m508.0m

Gross profit

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

Revenue

1.3b1.3b1.3b1.3b1.4b1.5b1.5b1.6b1.6b1.7b1.8b1.9b

Cost of goods sold

106.0m112.0m118.0m115.0m123.0m134.0m155.0m179.0m202.0m237.0m290.0m329.0m

Gross profit

1.2b1.2b1.2b1.2b1.3b1.4b1.4b1.4b1.4b1.5b1.5b1.6b

Gross profit Margin, %

92%91%91%91%91%91%90%89%88%86%84%83%
Annual
USDFY, 2015FY, 2016

Cash

1.1b955.0m

Accounts Receivable

71.0m

Inventories

162.5m

PP&E

595.0m601.0m
Annual
USDFY, 2014FY, 2015FY, 2016

Net Income

840.0m1.0b

Depreciation and Amortization

471.0m523.0m

Cash From Operating Activities

519.0m1.2b1.5b

Purchases of PP&E

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

Net Income

209.0m399.0m619.0m223.0m466.0m763.0m320.0m638.0m986.0m388.0m813.0m1.3b

Depreciation and Amortization

113.0m234.0m350.0m112.0m245.0m387.0m125.0m257.0m388.0m122.0m243.0m357.0m

Cash From Operating Activities

98.0m515.0m831.0m374.0m704.0m1.2b853.0m537.0m1.5b704.0m1.4b1.2b

Purchases of PP&E

(2.2b)(4.1b)(5.4b)(706.0m)(2.4b)(4.8b)(1.7b)(2.3b)(4.1b)
USDY, 2018

Financial Leverage

7.8 x
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Citizens Financial Operating Metrics

Citizens Financial'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 Revenue Breakdown

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Citizens Financial 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 Online and Social Media Presence

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Citizens Financial Company Life and Culture

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Citizens Financial Frequently Asked Questions

  • When was Citizens Financial founded?

    Citizens Financial was founded in 1828.

  • Who are Citizens Financial key executives?

    Citizens Financial's key executives are Bruce Van Saun, John F. Woods and Mary Ellen Baker.

  • How many employees does Citizens Financial have?

    Citizens Financial has 18,140 employees.

  • What is Citizens Financial revenue?

    Latest Citizens Financial annual revenue is $5.8 b.

  • What is Citizens Financial revenue per employee?

    Latest Citizens Financial revenue per employee is $317.7 k.

  • Who are Citizens Financial competitors?

    Competitors of Citizens Financial include U.S. Bancorp, KeyCorp and Fifth Third Bancorp.

  • Where is Citizens Financial headquarters?

    Citizens Financial headquarters is located at 1 Citizens Plz, Providence.

  • Where are Citizens Financial offices?

    Citizens Financial has offices in Providence, New Haven, Detroit, Hanover and in 104 other locations.

  • How many offices does Citizens Financial have?

    Citizens Financial has 109 offices.