Citizens Financial Group, Inc. is one of the nation's oldest and largest financial institutions, with $179.2 billion in assets as of September 30, 2020. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a 24/7 customer contact center and the convenience of approximately 2,700 ATMs and approximately 1,000 branches in 11 states in the New England, Mid-Atlantic and Midwest regions. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In Commercial Banking, Citizens offers a broad complement of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, interest rate and commodity risk management solutions, as well as loan syndication, corporate finance, merger and acquisition, and debt and equity capital markets capabilities.

Company profile
Ticker
CFG, CFG+D, CFG+E
Exchange
Website
CEO
Bruce Winfield Van Saun
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
CITIZENS FINANCIAL GROUP INC/DE
SEC CIK
Corporate docs
Subsidiaries
1215 Financial Center Associates, Ltd. • CFG Service Corp. • Citizens Asset Finance, Inc. • Citizens Capital Markets, Inc. • Citizens Funding Corp. • Citizens Insurance Holdings, Inc. • Citizens One Community Development Corporation • Citizens One NMTC CDE Corp. • Citizens One NMTC CDE, LLC • Citizens RI Investment Corp. ...
CFG stock data
Analyst ratings and price targets
Latest filings (excl ownership)
10-Q
2023 Q1
Quarterly report
10 May 23
8-K
Regulation FD Disclosure
9 May 23
8-K
Submission of Matters to a Vote of Security Holders
28 Apr 23
8-K
Citizens Financial Group, Inc. Reports First Quarter 2023 Net Income of
19 Apr 23
8-K
Citizens Financial Group Announces Risk Organization Succession Plan
12 Apr 23
8-K
Regulation FD Disclosure
30 Mar 23
ARS
2022 FY
Annual report to shareholders
10 Mar 23
DEFA14A
Additional proxy soliciting materials
10 Mar 23
DEF 14A
Definitive proxy
10 Mar 23
10-K
2022 FY
Annual report
17 Feb 23
Transcripts
CFG
Earnings call transcript
2023 Q1
19 Apr 23
CFG
Earnings call transcript
2022 Q4
17 Jan 23
CFG
Earnings call transcript
2022 Q3
19 Oct 22
CFG
Earnings call transcript
2022 Q2
19 Jul 22
CFG
Earnings call transcript
2022 Q1
19 Apr 22
CFG
Earnings call transcript
2021 Q4
19 Jan 22
CFG
Earnings call transcript
2021 Q3
20 Oct 21
CFG
Earnings call transcript
2021 Q2
20 Jul 21
CFG
Earnings call transcript
2021 Q1
16 Apr 21
CFG
Earnings call transcript
2020 Q4
20 Jan 21
Latest ownership filings
Financial summary
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 7.97 bn | 7.97 bn | 7.97 bn | 7.97 bn | 7.97 bn | 7.97 bn |
Cash burn (monthly) | 857.67 mm | 163.50 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 1.91 bn | 364.38 mm | n/a | n/a | n/a | n/a |
Cash remaining | 6.06 bn | 7.61 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | 7.1 | 46.5 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2023
88.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 716 |
Opened positions | 81 |
Closed positions | 126 |
Increased positions | 265 |
Reduced positions | 266 |
13F shares | Current |
---|---|
Total value | 12.99 tn |
Total shares | 428.72 mm |
Total puts | 2.92 mm |
Total calls | 3.48 mm |
Total put/call ratio | 0.8 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 58.12 mm | $1.77 tn |
BLK Blackrock | 57.59 mm | $1.75 tn |
STT State Street | 25.58 mm | $776.77 bn |
Capital International Investors | 23.15 mm | $703.13 bn |
IVZ Invesco | 17.92 mm | $544.32 bn |
Amundi | 16.36 mm | $468.43 bn |
MS Morgan Stanley | 14.67 mm | $445.41 bn |
JPM JPMorgan Chase & Co. | 12.46 mm | $378.50 bn |
Charles Schwab Investment Management | 11.79 mm | $343.24 bn |
Geode Capital Management | 10.22 mm | $309.65 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
17 May 23 | Marita Zuraitis | Common Stock | Grant | Acquire A | No | No | 0 | 434.428 | 0.00 | 42,215.574 |
17 May 23 | Watson Wendy A. | Common Stock | Grant | Acquire A | No | No | 0 | 434.428 | 0.00 | 40,215.574 |
17 May 23 | Christopher Swift | Common Stock | Grant | Acquire A | No | No | 0 | 196.936 | 0.00 | 12,566.435 |
17 May 23 | Shivan S. Subramaniam | Common Stock | Grant | Acquire A | No | No | 0 | 434.428 | 0.00 | 71,515.574 |
17 May 23 | Michele N Siekerka | Common Stock | Grant | Acquire A | No | No | 0 | 135.262 | 0.00 | 53,224.988 |
News
10 Financials Stocks Whale Activity In Today's Session
5 Jun 23
Citizens Bank To Pay $9M Penalty For Unlawful Credit Card Servicing
23 May 23
Check Out 3 High-Yielding Dividend Stocks In Financial Sector From Wall Street's Most Accurate Analysts
23 May 23
Goldman Sachs Maintains Buy Rating for Citizens Financial Group: Here's What You Need To Know
19 May 23
Goldman Sachs Maintains Buy on Citizens Financial Group, Lowers Price Target to $34
19 May 23
Press releases
Citizens Financial Group to Participate at the Morgan Stanley U.S. Financials, Payments & CRE Conference
2 Jun 23
New Citizens Private Client™ World Elite Mastercard® Brings Innovative Design Elements and Unique Customer Benefits
24 May 23
Citizens Financial Group Comments on CFPB Settlement
23 May 23
Citizens Financial Group Announces Prime Rate Change
3 May 23
Citizens Financial Group Appoints Coughlin, Johnson as Vice Chairmen
3 May 23