RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Citizens Financial Group - Stock

Citizens Financial Group EBIT 2024

Citizens Financial Group EBIT

2.83 B USD

Citizens Financial Group Dividend yield

4.93 %

Ticker

CFG

ISIN

US1746101054

WKN

A12BD3

In 2024, Citizens Financial Group's EBIT was 2.83 B USD, a 0% increase from the 0 USD EBIT recorded in the previous year.

The Citizens Financial Group EBIT history

YEAREBIT (undefined USD)
2028e3.3
2027e3.3
2026e3.31
2025e3.2
2024e2.83
2023-
2022-
20212.98
20201.3
20192.25
20182.18
20171.91
20161.53
2015-
2014-
2013-
2012-
2011-

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.

EBIT Details

Analyzing Citizens Financial Group's EBIT

Citizens Financial Group's Earnings Before Interest and Taxes (EBIT) represents the company's operating profit. It is calculated by deducting all operating expenses, including the cost of goods sold (COGS) and operating expenses, from the total revenue, but before accounting for interest and taxes. It provides insights into the company’s operational profitability, excluding the impacts of financing and tax structures.

Year-to-Year Comparison

A yearly comparison of Citizens Financial Group's EBIT can reveal trends in the company’s operational efficiency and profitability. An increase in EBIT over the years can indicate enhanced operational efficiency or growth in revenue, while a decrease might raise concerns about increased operating costs or declining sales.

Impact on Investments

Citizens Financial Group's EBIT is a significant metric for investors. A positive EBIT suggests that the company is generating enough revenue to cover its operating expenses, an essential aspect for assessing the company’s financial health and stability. Investors closely monitor EBIT to gauge the company’s profitability and potential for future growth.

Interpreting EBIT Fluctuations

Fluctuations in Citizens Financial Group’s EBIT can be due to variations in revenue, operating expenses, or both. An increasing EBIT indicates improved operational performance or increased sales, while a declining EBIT can signal rising operational costs or reduced revenue, prompting a need for strategic adjustments.

Frequently Asked Questions about Citizens Financial Group Stock

How much did Citizens Financial Group achieve in EBIT for the current year?

In the current year, Citizens Financial Group has achieved an EBIT of 2.83 B USD.

What is EBIT?

EBIT stands for Earnings Before Interest and Taxes and refers to the profit before interest and taxes of a company Citizens Financial Group.

How has the EBIT of Citizens Financial Group developed in recent years?

The EBIT of Citizens Financial Group has increased by 0% decreased compared to the previous year.

What does EBIT mean for investors?

EBIT provides investors with insights into a company's profitability as it reflects the profit before interest expenses and taxes.

Why is EBIT an important indicator for investors?

Since EBIT provides a more direct insight into a company's profit than net income, it is an important indicator for investors to assess the profitability of a company.

Why do EBIT values fluctuate?

EBIT values can fluctuate as they are influenced by various factors, such as revenue, costs, and tax effects.

What role does tax burden play in EBIT?

Tax burdens have a direct impact on a company's EBIT, as they are deducted from the profit.

How is EBIT presented in the balance sheet of the company Citizens Financial Group?

The EBIT of Citizens Financial Group is listed in the income statement.

Can EBIT be used as a single indicator for evaluating a company?

EBIT is an important indicator for evaluating a company, but additional financial ratios should also be considered to get a comprehensive picture.

Why is EBIT not equal to net profit?

The net profit of a company includes taxes and interest, while EBIT represents the profit before interest and taxes.

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 4.93 %. 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 4.93 %.

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 5.16 %.

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.