Latest revenue
$2.17B
as of 2026-03-31
Latest net income
$517.0M
as of 2026-03-31
Net margin
23.8%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $26.60B
- Enterprise value
- $36.00B
- P/E (trailing)
- 14.5×
- Forward P/E
- —
- P/B
- 1.03×
- Dividend yield
- 2.9%
- 52-wk high
- $68.79
- 52-wk low
- $39.40
- Beta
- —
- Shares out
- 422.9M
5-year trend
What this company does
Citizens Financial Group is a $222.7 billion regional bank based in Providence, Rhode Island, operating roughly 1,000 branches across 14 states plus DC. It earns money primarily from net interest income on consumer and commercial loans ($4.3 billion year-to-date), supplemented by fees from wealth management, mortgage banking, and capital markets. The bank is winding down a Non-Core loan portfolio—including a $1.9 billion education loan sale—while building out its Private Bank and Private Wealth franchise, driving margin expansion and a 14% jump in tangible book value per share.
Generated from CFG's filing dated 2026-02-12
Key risks
- Commercial real estate and Non-Core loan exposure: $471M nine-month provision expense and $25M charge-off taken on $1.9B education loan portfolio sale.
- Interest rate sensitivity: NIM of 3.00% benefited from terminated swaps and fixed-rate repricing — reversal in rate path could pressure NII.
- Execution risk on Private Bank build-out: rising salaries/benefits drove $76M expense increase, compressing efficiency gains if revenue ramp disappoints.
Generated from CFG's filing dated 2026-02-12
Profitability
Net margin
15.2%
24.4%Return on equity
7.0%
11.8%Return on assets
23.1%
3227.1%Leverage
Debt / equity
-0.70×
108.8%Long-term debt / equity
0.43×
16.6%Debt / assets
-231.7%
360.8%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $2.17B | +12.0% | $517.0M | +38.6% | 23.8% |
Q4 2025 2025-12-31 | $4.03B | -4.2% | $528.0M | +31.7% | 13.1% |
Q3 2025 2025-09-30 | $3.09B | +0.6% | $494.0M | +29.3% | 16.0% |
Q2 2025 2025-06-30 | $3.01B | -3.9% | $436.0M | +11.2% | 14.5% |
Q1 2025 2025-03-31 | $1.94B | -1.2% | $373.0M | +11.7% | 19.3% |
Q4 2024 2024-12-31 | $4.20B | — | $401.0M | — | 9.5% |
Q3 2024 2024-09-30 | $3.07B | -0.5% | $382.0M | -11.2% | 12.4% |
Q2 2024 2024-06-30 | $3.13B | +3.0% | $392.0M | -18.0% | 12.5% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
State Commercial Banks · SIC 6022
Your notes
Keep private notes on CFG — thesis, target price, catalysts to watch.
Visible only to you. Never shared. Never used to train AI.
Insider activity
Insider buying
$0
Insider selling
$1.1M
Net activity
−$1.1M
Distinct insiders
2
Open-market trades over the last 365 days.
Recent transactions
| Date | Insider | Type | Shares | Price | Value | |
|---|---|---|---|---|---|---|
| 2026-05-12 | Michelle Moosally Chief Legal Officer | Sale | 6,050 | $62.16 | $376.1K | |
| 2026-03-11 | Susan Lamonica Chief Human Resources Officer | Sale | 13,258 | $58.04 | $769.5K |
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns CFG
Institutional value
$13.60B
Total shares held
239.9M
Distinct holders
696
As of
2026-03-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 46.7M | $2.80B | — | New |
| 2 | Capital World Investors | 27.9M | $1.67B | — | New |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 26.9M | $1.61B | — | New |
| 4 | Invesco Ltd. | 22.9M | $1.37B | — | New |
| 5 | VANGUARD PORTFOLIO MANAGEMENT LLC | 19.9M | $1.19B | — | New |
| 6 | Ninety One UK Ltd | 6.8M | $405.9M | — | New |
| 7 | DIMENSIONAL FUND ADVISORS LP | 4.7M | $282.9M | — | New |
| 8 | Legal & General Group Plc | 2.8M | $168.6M | — | New |
| 9 | Bank of New York Mellon Corp | 2.5M | $151.4M | — | New |
| 10 | VANGUARD FIDUCIARY TRUST CO | 2.4M | $142.5M | — | New |
| 11 | UBS Group AG | 2.3M | $135.4M | — | New |
| 12 | Swedbank AB | 2.1M | $126.4M | — | New |
| 13 | Capital International Investors | 2.1M | $124.2M | — | New |
| 14 | Artemis Investment Management LLP | 1.9M | $113.9M | — | New |
| 15 | ASSETMARK, INC | 1.8M | $107.2M | — | New |
| 16 | DEUTSCHE BANK AG\ | 1.8M | $106.8M | — | New |
| 17 | HSBC HOLDINGS PLC | 1.6M | $94.6M | — | New |
| 18 | Impax Asset Management Group plc | 1.3M | $76.4M | — | New |
| 19 | WELLS FARGO & COMPANY/MN | 1.2M | $74.4M | — | New |
| 20 | BANK OF MONTREAL /CAN/ | 1.2M | $69.9M | — | New |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
- 1
With NIM at 3.00% benefiting from terminated swap impacts and Non-Core runoff, how much of the 23bp YoY expansion is non-recurring?
- 2
Provision expense of $471M YTD versus $1.3B net income—what specific portfolios drove this, and where are you seeing credit deterioration?
- 3
Private Bank build-out is inflating salaries expense; what are deposit, loan, and breakeven targets, and when does it become accretive?
Refreshed when CFG files a new report · last from 2026-02-12