Citizens Financial Group Net Income 2024

Citizens Financial Group Net Income

1.44 B USD

Citizens Financial Group Dividend yield

4.75 %

Ticker

CFG

ISIN

US1746101054

WKN

A12BD3

In 2024, Citizens Financial Group's profit amounted to 1.44 B USD, a -3.32% increase from the 1.49 B USD profit recorded in the previous year.

The Citizens Financial Group Net Income history

YEARNET INCOME (undefined USD)
2028e1.94
2027e1.83
2026e2.35
2025e1.85
2024e1.44
20231.49
20221.96
20212.21
20200.95
20191.72
20181.69
20171.64
20161.03
20150.83
20140.87
2013-3.43
20120.64
20110.51

Citizens Financial Group Aktienanalyse

What does Citizens Financial Group do?

Citizens Financial Group Inc is a bank holding company based in Providence, Rhode Island, USA. It was founded in 1828 and was originally known as High Street Bank. Since then, the bank has undergone numerous changes and is now one of the largest banks in the USA. The business model of Citizens Financial Group is focused on providing financial services and products to individuals, businesses, and institutions. The banking group is divided into two main business segments, namely consumer banking and commercial banking. Each of these business segments has a different focus and offers specific products and services. In consumer banking, Citizens Financial Group offers a variety of products and services for individuals. This includes checking and savings accounts, credit and debit cards, home loans, personal loans, online and mobile banking, and various types of insurance. In commercial banking, Citizens Financial Group specializes in business customers and offers various products and services for companies. This includes business loans, trade finance, cash management solutions, treasury services, and international transactions. Citizens Financial Group also operates an asset management division that helps its customers with the management and administration of their assets. Asset management includes asset management, fiduciary services, trust and investment management, and financial planning. Citizens Financial Group also has a student loans division. This division offers a range of student financing solutions, including private and federal loans, consolidation options, and even refinancing options for student loans taken out during studies. In addition to the above-mentioned products and services, Citizens Financial Group also operates an online bank called Citizens Access. This is a purely online bank that offers exclusively online services. Customers can open an account with Citizens Access through the website or mobile app and access various online services. Citizens Financial Group also operates a network of branches and ATMs located throughout the USA. Through this extensive network, the banking group offers its customers a convenient way to access all their financial services in one place. Overall, Citizens Financial Group offers a wide range of products and services that cater to the needs of individuals, businesses, and institutions. With a focus on customer orientation, service, and innovation, the banking group has received many awards and recognition over the years. Although the banking sector has undergone significant changes in recent years and continues to evolve, Citizens Financial Group continues to position itself as a strong and reliable banking group. With a strong focus on customer satisfaction, advanced technology, and a variety of products and services, Citizens Financial Group is an excellent choice for anyone seeking comprehensive financial solutions. Citizens Financial Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Net Income Details

Understanding Citizens Financial Group's Profit Margins

The profit margins of Citizens Financial Group represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of Citizens Financial Group's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating Citizens Financial Group's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

Citizens Financial Group's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When Citizens Financial Group’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about Citizens Financial Group Stock

How much profit has Citizens Financial Group made this year?

Citizens Financial Group has made 1.44 B USD this year.

How has the profit developed compared to last year?

The profit has increased by -3.32% compared to last year fallen

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does Citizens Financial Group publish its earnings?

Citizens Financial Group publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of Citizens Financial Group?

The profits of Citizens Financial Group are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of Citizens Financial Group?

You can learn more about the earnings of Citizens Financial Group by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does Citizens Financial Group pay?

Over the past 12 months, Citizens Financial Group paid a dividend of 1.68 USD . This corresponds to a dividend yield of about 4.75 %. For the coming 12 months, Citizens Financial Group is expected to pay a dividend of 1.76 USD.

What is the dividend yield of Citizens Financial Group?

The current dividend yield of Citizens Financial Group is 4.75 %.

When does Citizens Financial Group pay dividends?

Citizens Financial Group pays a quarterly dividend. This is distributed in the months of September, November, February, May.

How secure is the dividend of Citizens Financial Group?

Citizens Financial Group paid dividends every year for the past 15 years.

What is the dividend of Citizens Financial Group?

For the upcoming 12 months, dividends amounting to 1.76 USD are expected. This corresponds to a dividend yield of 4.98 %.

In which sector is Citizens Financial Group located?

Citizens Financial Group is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Citizens Financial Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Citizens Financial Group from 5/15/2024 amounting to 0.42 USD, you needed to have the stock in your portfolio before the ex-date on 4/30/2024.

When did Citizens Financial Group pay the last dividend?

The last dividend was paid out on 5/15/2024.

What was the dividend of Citizens Financial Group in the year 2023?

In the year 2023, Citizens Financial Group distributed 1.62 USD as dividends.

In which currency does Citizens Financial Group pay out the dividend?

The dividends of Citizens Financial Group are distributed in USD.

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Andere Kennzahlen von Citizens Financial Group

Our stock analysis for Citizens Financial Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Citizens Financial Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.