Citizens Financial Group

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.
Company Growth (employees)
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

Citizens Financial Group Office Locations

Citizens Financial Group has offices in Providence, Philadelphia, Dedham, Southfield and in 97 other locations
Providence, US (HQ)
1 Citizens Plz
Show all (101)

Citizens Financial Group Data and Metrics

Citizens Financial Group Financial Metrics

Citizens Financial Group's revenue was reported to be $1.5 b in Q1, 2017
USD

Revenue (Q1, 2017)

1.5 b

Gross profit (Q1, 2017)

1.4 b

Gross profit margin (Q1, 2017), %

90%

Net income (Q1, 2017)

320 m

EBIT (Q1, 2017)

1 b

Market capitalization (22-Aug-2017)

17 b

Cash (31-Mar-2017)

882 m
Citizens Financial Group's current market capitalization is $17 b.
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

Gross profit Margin, %

91%91%

Sales and marketing expense

1.6 b1.7 b

Operating expense total

1.6 b1.7 b

EBIT

1.3 b3.4 b3.8 b

EBIT margin, %

25%64%65%

Interest income

3.4 b3.8 b

Pre tax profit

1.3 b1.5 b

Income tax expense

423 m489 m

Net Income

865 m840 m1 b
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

1.3 b1.3 b1.3 b1.3 b1.4 b1.5 b1.5 b

Cost of goods sold

106 m112 m118 m115 m123 m134 m155 m

Gross profit

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

Gross profit Margin, %

92%91%91%91%91%91%90%

Sales and marketing expense

419 m411 m404 m425 m432 m432 m444 m

Operating expense total

419 m411 m404 m425 m432 m432 m444 m

EBIT

836 m840 m856 m904 m923 m945 m1 b

EBIT margin, %

65%64%65%67%66%62%65%

Pre tax profit

315 m282 m335 m332 m361 m427 m434 m

Income tax expense

106 m92 m115 m109 m118 m130 m114 m

Net Income

209 m399 m619 m223 m466 m763 m320 m
USDFY, 2015FY, 2016

Cash

1.1 b955 m

Accounts Receivable

71 m

Inventories

162.5 m

PP&E

595 m601 m

Goodwill

6.9 b6.9 b

Total Assets

138.2 b149.5 b

Accounts Payable

27.3 m

Total Liabilities

129.8 b

Additional Paid-in Capital

18.7 b18.7 b

Retained Earnings

1.9 b2.7 b

Total Equity

19.6 b19.7 b

Financial Leverage

7 x7.6 x
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

954 m961 m1.1 b839 m976 m915 m882 m

PP&E

584 m580 m560 m570 m551 m540 m582 m

Goodwill

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

Total Assets

137 b137 b135 b140 b145 b147 b150 b

Accounts Payable

99 b101 b102 b103 b106 b108 b112 b

Additional Paid-in Capital

18.7 b18.7 b18.7 b18.7 b18.7 b18.7 b18.8 b

Retained Earnings

1.4 b1.6 b1.7 b2.1 b2.3 b2.5 b2.9 b

Total Equity

19.6 b19.6 b20 b20.2 b20.2 b19.8 b

Financial Leverage

7 x6.9 x7 x7.2 x7.3 x7.6 x
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)

Cash From Investing Activities

(5.9 b)(11.3 b)

Cash From Financing Activities

4.5 b10.5 b

Interest Paid

454 m505 m

Income Taxes Paid

157 m94 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

209 m399 m619 m223 m466 m763 m320 m

Depreciation and Amortization

113 m234 m350 m112 m245 m387 m125 m

Cash From Operating Activities

98 m515 m831 m374 m704 m1.2 b853 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)

Cash From Investing Activities

(1.7 b)(5 b)(4.2 b)(2.3 b)(5.6 b)(8.7 b)(1.1 b)

Cash From Financing Activities

3.4 b4 b1.8 b717 m5.5 b7.3 b579 m
USDY, 2017

Revenue/Employee

89.5 k

Financial Leverage

7.6 x

Citizens Financial Group Operating Metrics

Citizens Financial Group's Total Loans Issued was reported to be $109 b in Q2, 2017. Citizens Financial Group's Assets Under Management was reported to be $6.3 b in FY, 2016, which is a 3% decrease from the previous period. Citizens Financial Group's Enterprise Customers was reported to be 4 m in FY, 2016, which is a 29% increase from the previous period. Citizens Financial Group's Customers was reported to be 30 m in FY, 2016
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Total Loans Issued

$93.41 b$94.49 b$96.54 b$97.43 b$99.04 b$100.99 b$103.55 b$105.47 b$107.67 b$108.11 b$109.05 b

Non-performing Loans

$1.1 b$1.14 b$1.05 b$1.03 b$1.06 b$1.08 b$1.04 b$1.11 b$1.07 b$1.05 b$1.03 b

Non-accrual Loans

$1.09 b$1.13 b$1.04 b$1.02 b$1.05 b$1.05 b

Assets Under Administration

$17.8 b$12.9 b$17.3 b

Assets Under Management

$4.1 b$6.5 b$6.3 b

Bank Branches

1.2 k1.2 k1.2 k

Customers

29.9 m30 m30 m

Enterprise Customers

3.1 m3.1 m4 m

Dealerships

6.7 k6.8 k6 k

ATMs

3.2 k3.2 k3.2 k

    Citizens Financial Group Market Value History

    Citizens Financial Group Revenue Breakdown

    Citizens Financial Group Median Salaries

    Source: 145 public H-1B filings from Citizens Financial Group

    Traffic Overview of Citizens Financial Group

    Citizens Financial Group Online and Social Media Presence

    Citizens Financial Group News and Updates

    Stock indexes move higher in early trading; oil rising

    Stocks moved broadly higher in early trading Friday ahead of the inauguration of President-elect Donald Trump. Phone company stocks led the gainers. Energy stocks also rose as oil prices headed higher. Investors also had their eye on the latest batch of company earnings and outlooks.  The Dow Jo…

    US Stock Indexes Move Higher in Early Trading; Oil Rising

    U.S. stocks moved broadly higher in early trading Friday ahead of the inauguration of President-elect Donald Trump. Phone company stocks led the gainers. Energy stocks also rose as oil prices headed higher. Investors also had their eye on the latest batch of company earnings and outlooks.

    U.S. Banks Want to Cut Branches But Customers Keep Coming

    The thesis that e-banking would make branches "dinosaurs" is "overstated," says FDIC chief economist

    Got Student Loans? Signing Up for Amazon Prime Could Help, Apparently

    Forget the free two-day shipping.

    UPDATE 2-Amazon enters student loan business in partnership with Wells Fargo

    July 21 (Reuters) - Amazon.com Inc is entering the student loan business in a partnership with Wells Fargo & Co , offering cheaper rates for loans to Amazon customers who pay for a "Prime Student" subscription.

    Amazon enters into the student loan business in partnership with Wells Fargo

    Amazon is entering the student loan business in a partnership with Wells Fargo & Co, the companies announced Thursday.
    Show more

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