Saturday 17 October 2026 Export CFG’s income statement to Excel — free account

Citizens Financial Group, Inc.

Citizens Financial Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $12.1 billion, down 2.47% from fiscal 2024. In the quarter to June 2026, revenue grew 6.25%, EPS grew 40.9%, free cash flow fell 17.4% and total debt rose 21.3%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for three consecutive years.

63.36 0.07 −0.11%

Follow CFG

Alert me

Market cap: $26.7B
P/E: 13.6×
Fwd P/E: 12.3×
Dividend yield: 2.90%
F-score: 7/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Insider Decisions trades per month

Total sells 10.47

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	1	—	1	—	1	—	—	—

Insider Ownership 1.29%

Capital & Financial Ratios $m

Market Cap 26,720.00

Revenue 12,375.00

Net Income 2,126.00

Free Cash Flow 2,320.00

Net Debt 1,323.00

Current Ratio 0.86

Debt/Equity 0.58

P/E ratio 13.63

Fwd P/E 12.30

P/S ratio 2.17

P/B ratio 1.11

Past 5Y EPS Growth 11.70%

This Y EPS Growth 37.34%

Next Y EPS Growth 22.42%

Next Y revenue growth (23.87%)

Next 5Y EPS Growth 25.08%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 60.41%

10-year low 10-year high

P/S against its own 10 years 47.40%

10-year low 10-year high

P/B against its own 10 years 93.29%

10-year low 10-year high

Dividends

Payout Ratio 0.40

Annual Dividend Rate 1.84

Annual Dividend Yield 2.90%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	1.89	0.46 0.46 0.46
2025	1.72	0.42 0.42 0.42 0.46
2024	1.68	0.42 0.42 0.42 0.42
2023	1.68	0.42 0.42 0.42 0.42
2022	15.75	0.39 0.39 0.42 14.13 0.42
2021	1.56	0.39 0.39 0.39 0.39
2020	1.56	0.39 0.39 0.39 0.39
2019	1.36	0.32 0.32 0.36 0.36
2018	0.98	0.22 0.22 0.27 0.27
2017	0.64	0.14 0.14 0.18 0.18
2016	0.46	0.10 0.12 0.12 0.12

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	12,033	11,236	13,688	13,867
Receivables	—	—	—	—
Inventory	—	—	—	—
Other	—	—	—	—
	156,673	149,236	155,635	160,847

	2023	2024	2025	Q'26
Payables	177,342	174,776	183,313	185,620
ST’ Debt	—	—	—	—
Other	—	—	—	—
	177,847	174,776	183,371	186,779

Compound Annual Growth %

	10y	5y	3y
Sales	8.62%	9.45%	9.96%
Cash Flow	6.05%	81.91%	(18.73%)
Earnings	7.32%	12.18%	(4.86%)
Book Value	2.97%	3.03%	3.57%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	3,026	3,195	—	—	—
’25	2,896	3,007	3,088	3,066	12,057
’24	3,127	3,128	3,071	3,036	12,362
’23	2,887	3,037	3,087	3,176	12,187
’22	1,711	2,120	2,481	2,757	9,069
’21	1,758	1,696	1,736	1,796	6,986
’20	1,975	1,940	1,934	1,827	7,676

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	237	726	—	—	—
’25	(213)	886	1,696	(158)	2,211
’24	554	834	130	483	2,001
’23	1,154	122	1,015	670	2,961
’22	1,554	(1,876)	3,000	1,441	4,119
’21	(690)	580	1,280	1,105	2,275
’20	(1,327)	(86)	658	866	111

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	237	705	—	—	—
’25	(227)	853	1,661	(250)	2,037
’24	544	804	96	435	1,879
’23	1,102	83	982	622	2,789
’22	1,503	(1,881)	2,915	1,456	3,993
’21	(700)	558	1,253	1,040	2,151
’20	(1,343)	(123)	712	747	(7)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	1.13	1.30	—	—	—
’25	0.77	0.92	1.05	1.13	3.86
’24	0.65	0.78	0.77	0.83	3.03
’23	1.00	0.92	0.85	0.34	3.13
’22	0.93	0.67	1.23	1.25	4.10
’21	1.37	1.44	1.18	1.17	5.16
’20	0.03	0.53	0.68	0.99	2.22

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	18.04	31.51	27.62	29.27	14.12	34.92	32.66	22.77	30.24	32.60	Analyst estimates 2026–2028 Powerpack
	High	36.56	42.93	48.23	40.92	41.29	51.54	57.00	44.82	49.25	60.10
People
People	Employees	17,600	17,600	18,100	18,000	17,407	17,463	18,889	17,570	17,287	17,398
	Revenue/emp, $m	0.33	0.37	0.41	0.45	0.44	0.40	0.48	0.69	0.72	0.69
Income, $m
Income, $m	Revenue	5,763	6,454	7,354	8,066	7,676	6,986	9,069	12,187	12,362	12,057
	Gross margin, %	91.19	88.43	83.33	80.47	89.96	95.15	88.44	67.48	63.17	68.40
	EBT	1,534	1,912	2,183	2,251	1,298	2,977	2,655	2,030	1,888	2,328
	EBT margin, %	26.62	29.63	29.68	27.91	16.91	42.61	29.28	16.66	15.27	19.31
	Net income	1,045	1,652	1,721	1,791	1,057	2,319	2,073	1,608	1,509	1,831
	Depreciation	515	487	489	633	578	625	565	478	498	478
Per share, $
Per share, $	Revenue	11.04	12.85	15.36	17.94	17.97	16.41	19.05	25.65	27.43	27.83
	Earnings	1.97	3.26	3.54	3.82	2.22	5.18	4.12	3.14	3.05	3.90
	Cash flow	2.85	3.75	3.69	3.77	0.26	5.34	8.65	6.23	4.44	5.10
	Capex	(0.57)	(0.88)	(0.48)	(0.21)	(0.28)	(0.29)	(0.26)	(0.36)	(0.27)	(0.40)
	Free cash flow	2.28	2.87	3.21	3.56	(0.02)	5.05	8.39	5.87	4.17	4.70
	Book value	37.82	40.37	43.48	49.37	53.09	55.02	49.77	51.24	53.82	60.75
	Shares, m	522	502	479	450	427	426	476	475	451	433
Valuation, ×
Valuation, ×	P/E	18.11	13.05	8.40	10.63	16.04	9.12	9.62	10.74	14.35	14.94
	P/S	3.25	3.32	1.94	2.26	1.99	2.88	2.07	1.31	1.60	2.10
	P/B	0.96	1.07	0.71	0.89	0.74	0.94	0.87	0.71	0.89	1.05
	EV/Sales	4.75	4.64	3.53	3.55	1.38	2.52	2.63	1.42	1.69	1.89
	EV/FCF	23.00	20.77	20.03	21.02	(42.83)	9.19	6.36	6.81	12.74	12.71
Cash, $m
Cash, $m	Operating cash flow	1,490	1,883	1,767	1,697	111	2,275	4,119	2,961	2,001	2,211
	Capex	(300)	(440)	(232)	(95)	(118)	(124)	(126)	(172)	(122)	(174)
	Free cash flow	1,190	1,443	1,535	1,602	(7)	2,151	3,993	2,789	1,879	2,037
Balance, $m
Balance, $m	Working capital	(2,962)	(4,437)	68	(738)	(9,718)	(15,088)	(14,216)	(21,174)	(25,540)	(27,736)
	Total debt	12,790	11,765	15,925	14,047	8,346	6,932	15,887	13,467	12,401	11,224
	Net debt	8,647	8,541	11,703	10,364	(4,693)	(2,542)	5,037	1,434	1,165	(2,464)
	Shareholders’ equity	19,747	20,270	20,817	22,201	22,673	23,420	23,690	24,342	24,254	26,317
Returns, %
Returns, %	ROA	0.72	1.09	1.08	1.05	0.54	1.19	0.94	0.66	0.62	0.76
	ROIC	3.38	4.15	4.20	4.32	4.51	8.91	5.78	4.92	4.64	6.10
	ROE	5.30	8.29	8.46	8.46	4.60	10.48	9.10	6.78	6.17	7.28

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
SHG Shinhan Financial Group Co Ltd	$33.1B	9.5×	9.1×	+27.14% (above 0%: growing)	+10.37% (above 0%: growing)	+120.93% (above 0%: growing)	63.24%	0.00%	Compare
MTB M&T Bank Corporation	$31.6B	11.3×	11.9×	+2.07% (above 0%: growing)	+25.59% (above 0%: growing)	+52.44% (above 0%: growing)	75.36%	0.00%	Compare
HBAN Huntington Bancshares Incorporated	$31.0B	11.6×	11.3×	+37.66% (above 0%: growing)	−2.86% (below 0%: shrinking)	+105.40% (above 0%: growing)	68.08%	0.00%	Compare
BAP Credicorp Ltd.	$30.9B	14.5×	10.9×	+12.23% (above 0%: growing)	+16.83% (above 0%: growing)	+76.09% (above 0%: growing)	82.34%	0.00%	Compare
BBDO Banco Bradesco SA	$28.5B	8.6×	—	+32.31% (above 0%: growing)	+30.00% (above 0%: growing)	−266.98% (below 0%: shrinking)	36.36%	0.00%	Compare
CFG Citizens Financial Group, Inc.	$26.7B	13.6×	12.3×	+6.25% (above 0%: growing)	+40.86% (above 0%: growing)	−17.35% (below 0%: shrinking)	71.46%	0.00%
RF Regions Financial Corporation	$23.3B	11.1×	10.9×	−2.14% (below 0%: shrinking)	+8.47% (above 0%: growing)	−39.63% (below 0%: shrinking)	80.19%	0.00%	Compare
FCNCA First Citizens BancShares, Inc.	$23.3B	11.4×	11.8×	+0.11% (above 0%: growing)	+31.07% (above 0%: growing)	+28.65% (above 0%: growing)	67.05%	0.00%	Compare
BBD Banco Bradesco SA	$22.5B	9.4×	6.5×	+32.31% (above 0%: growing)	+30.00% (above 0%: growing)	−266.98% (below 0%: shrinking)	36.36%	0.00%	Compare
Median of peers	$29.7B	11.2×	10.9×	+19.69%	+21.21%	+40.55%	67.57%	0.00%

All 323 Banks Regional stocks →

Citizens Financial Group, Inc. (CFG) key facts

Concern: Citizens Financial Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $12.1 billion, down 2.47% from fiscal 2024.
Citizens Financial Group, Inc. (CFG) is a Banks Regional company in the Financial sector, listed on the New York Stock Exchange.
As of October 16, 2026, CFG traded at $63.36, a market capitalization of $26.7 billion.
Citizens Financial Group, Inc. pays an annual dividend of $1.84 per share, a yield of 2.90%, with a payout ratio of 39.9%.
Return on equity was 7.28% and debt-to-equity 0.58.
Its Piotroski F-score is 7 out of 9 for fiscal 2025.