Company Quick10K Filing
Citizens Financial Group
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 461 $15,826
10-Q 2019-11-06 Quarter: 2019-09-30
10-Q 2019-08-06 Quarter: 2019-06-30
10-Q 2019-05-08 Quarter: 2019-03-31
10-K 2019-02-21 Annual: 2018-12-31
10-Q 2018-11-07 Quarter: 2018-09-30
10-Q 2018-08-06 Quarter: 2018-06-30
10-Q 2018-05-09 Quarter: 2018-03-31
10-K 2018-02-22 Annual: 2017-12-31
10-Q 2017-11-03 Quarter: 2017-09-30
10-Q 2017-08-03 Quarter: 2017-06-30
10-Q 2017-05-04 Quarter: 2017-03-31
10-K 2017-02-24 Annual: 2016-12-31
10-Q 2016-11-04 Quarter: 2016-09-30
10-Q 2016-08-05 Quarter: 2016-06-30
10-Q 2016-05-09 Quarter: 2016-03-31
10-K 2016-02-26 Annual: 2015-12-31
10-Q 2015-11-06 Quarter: 2015-09-30
10-Q 2015-08-07 Quarter: 2015-06-30
10-Q 2015-05-08 Quarter: 2015-03-31
10-K 2015-03-03 Annual: 2014-12-31
10-Q 2014-11-14 Quarter: 2014-09-30
8-K 2020-01-17 Earnings, Regulation FD, Exhibits
8-K 2019-12-10 Officers, Exhibits
8-K 2019-11-05 Regulation FD, Exhibits
8-K 2019-10-21 Shareholder Rights, Amend Bylaw, Other Events, Exhibits
8-K 2019-10-21
8-K 2019-10-18
8-K 2019-09-10 Regulation FD, Exhibits
8-K 2019-07-25 Other Events, Exhibits
8-K 2019-07-22 Other Events, Exhibits
8-K 2019-07-19 Earnings, Regulation FD, Exhibits
8-K 2019-06-27 Regulation FD, Exhibits
8-K 2019-06-20 Amend Bylaw, Exhibits
8-K 2019-06-11 Regulation FD, Exhibits
8-K 2019-05-29 Regulation FD, Exhibits
8-K 2019-05-14 Regulation FD, Exhibits
8-K 2019-04-25 Shareholder Vote
8-K 2019-04-18 Earnings, Regulation FD, Exhibits
8-K 2019-03-28 Regulation FD, Exhibits
8-K 2019-01-22 Shareholder Rights, Amend Bylaw, Other Events, Exhibits
8-K 2019-01-22 Other Events, Exhibits
8-K 2019-01-18 Earnings, Exhibits
8-K 2018-12-13 Officers, Exhibits
8-K 2018-12-04 Regulation FD, Exhibits
8-K 2018-11-08 Regulation FD, Exhibits
8-K 2018-10-25 Shareholder Rights, Amend Bylaw, Other Events, Exhibits
8-K 2018-10-22 Other Events, Exhibits
8-K 2018-10-19 Earnings, Exhibits
8-K 2018-09-27 Officers, Exhibits
8-K 2018-09-12 Regulation FD, Exhibits
8-K 2018-07-20 Earnings, Exhibits
8-K 2018-06-28 Regulation FD, Exhibits
8-K 2018-06-18 Officers
8-K 2018-06-12 Regulation FD, Exhibits
8-K 2018-06-04 Other Events
8-K 2018-05-31 Regulation FD, Exhibits
8-K 2018-05-29 Regulation FD, Exhibits
8-K 2018-05-21 Shareholder Rights, Amend Bylaw, Other Events, Exhibits
8-K 2018-05-14 Regulation FD, Exhibits
8-K 2018-04-26 Shareholder Vote
8-K 2018-04-20 Earnings, Exhibits
8-K 2018-02-14 Regulation FD, Exhibits
8-K 2018-01-19 Earnings, Exhibits

Citizens Financial Group Financials

CFG Metrics, Comps, Filings

Annual | Quarterly

Business

Citizens Financial Group, Inc. is the 13th largest retail bank holding company in the United States.(1) Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to more than five million individuals, small businesses, middle-market companies, large corporations and institutions, largely through approximately 1,100 branches in 11 states in the New England, Mid-Atlantic and Midwest regions and approximately 140 retail and commercial non-branch offices located in our branch banking footprint and in other states and the District of Columbia, which are contiguous with our footprint. At December 31, 2018, the Company had total assets of $160.5 billion, total deposits of $119.6 billion and total stockholders' equity of $20.8 billion.

Citizens is a bank holding company which was incorporated under Delaware state law in 1984 and whose primary federal regulator is the Board of Governors of the Federal Reserve System ("FRB"). As of December 31, 2018, our primary subsidiaries were Citizens Bank, N.A. ("CBNA"), a national banking association whose primary federal regulator is the Office of the Comptroller of the Currency ("OCC"), and Citizens Bank of Pennsylvania ("CBPA"), a Pennsylvania-chartered savings bank regulated by the Department of Banking of the Commonwealth of Pennsylvania and supervised by the Federal Deposit Insurance Corporation (the "FDIC") as its primary federal regulator. On January 2, 2019, we consolidated our banking subsidiaries via a merger of CBPA into CBNA in order to streamline governance and enterprise risk management, improve CBNA's risk profile and gain operational efficiencies. CBNA is now our primary subsidiary and our sole banking subsidiary.

We manage our business through two reportable business operating segments: Consumer Banking and Commercial Banking. The Company's activities outside the two business operating segments are classified as "Other" and include treasury activities, wholesale funding activities, securities portfolio, community development assets and other unallocated assets, liabilities, capital, revenues, provision for credit losses and expenses, including income tax expense. The Other classification also includes the financial impact of non-core, liquidating loan portfolios and other non-core assets and liabilities. For a description of non-core assets, see "Management's Discussion and Analysis of Financial Condition and Results of Operations - Analysis of Financial Condition - Loans and Leases - Non-Core Assets" in Part II, Item 7, of this Report. For additional information regarding our business segments see "Management's Discussion and Analysis of Financial Condition and Results of Operations - Results of Operations - 2018 compared with 2017 - Business Operating Segments" in Part II, Item 7 and Note 25 "Business Operating Segments" in the Notes to Consolidated Financial Statements in Part II, Item 8 - Financial Statements and Supplementary Data, of this Report.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
State Street (STT) 25,295 0% 8.0 1% 228,332 203,294 11,895 0 2,446 4,002 32,008
M&T Bank (MTB) 22,545 8.3 2% 121,555 105,863 0 0 2,028 3,506 28,929
Fifth Third Bancorp (FITB) 20,257 0% 8.5 1% 168,802 148,131 548 0 2,133 4,224 36,041
Northern Trust (NTRS) 19,168 0% 6.6 1% 126,551 115,745 956 0 1,521 2,922 19,168
KeyCorp (KEY) 17,241 0% 8.5 1% 144,545 127,574 5,083 0 1,798 3,652 30,946
Shinhan Financial Group (SHG) 16,868 0% 459,600,510 422,949,080 0 0 0 0 -2,600,363
Deutsche Bank (DB) 16,131 0% 1,348,137 1,279,400 0 0 0 0 168,214
Citizens Financial Group (CFG) 15,826 0% 6.4 1% 162,749 140,732 5,066 0 1,800 3,802 24,430
Regions Financial (RF) 14,719 6.6 1% 127,518 110,910 0 0 1,754 2,924 19,444
Huntington Bancshares (HBAN) 14,254 0% 7.0 1% 108,247 96,579 907 0 1,434 3,084 21,629
Ally Financial (ALLY) 12,225 0% 7.6 1% 180,448 166,132 4,827 0 1,620 5,951 45,421
Silicon Valley Bank (SIVB) 11,427 0% 1.8 2% 63,774 58,068 803 0 1,184 1,763 3,103
Comerica (CMA) 10,992 0% 6.5 2% 72,537 65,214 755 0 1,265 2,163 13,969
Zions Bancorporation (ZION) 8,649 0% 5.9 1% 70,065 62,466 1,497 0 860 1,662 9,885
East West Bancorp (EWBC) 6,704 0% 2.4 2% 42,892 38,158 53 0 659 1,347 3,235
Cullen/Frost Bankers (CFR) 5,851 0% 8.3 1% 31,819 28,078 1,345 0 465 706 5,851
BOK Financial (BOKF) 5,592 4.5 1% 41,893 37,175 0 0 474 950 4,256
Synovus Financial (SNV) 5,390 0% 6.7 1% 47,318 42,564 112 0 490 982 6,545
Popular (BPOP) 5,130 4.1 1% 50,617 44,897 0 0 586 1,155 4,731
First Citizens Bancshares (FCNCA) 4,982 0% 9.5 1% 37,655 34,080 87 0 438 498 4,716

Balance Sheet ($MM)2014-12-312015-12-312016-12-312017-12-312018-12-31
Cash2805316713,0324,074
Accounts Receivable
Inventory
PP&E595595601685791
Assets21,76322,33522,141152,336160,518
Accounts Payable
Long-Term Debt4,7069,83710,47211,89114,390
Liabilities2,4952,6892,394132,066139,701
Stockholders' Equity19,74720,27020,817
Income Statement ($MM)2014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue4,9794,8245,2555,7076,128
Cost of Revenue
Gross Profit
R&D
SG&A8610198105129
Tax39115794260462
Net Income8658401,0451,6521,721
Cash Flow ($MM)2014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating4492795331,8831,767
Cash Investing-536169546-3,984-7,077
Cash Financing-127-197-9391,4296,352