Citizens Financial Group, Inc. (CFG) Stock Analysis
Financial Services · Banks - Regional · NYSE
Citizens Financial Group, Inc. (CFG) posted $8.25B in revenue for fiscal 2025 (up 5.6% year over year), at a 20.5% net margin, and has compounded revenue about 3.6%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on Citizens Financial Group, Inc.
Citizens Financial Group, Inc. has grown revenue from $5.25B to $8.25B over the last 10 fiscal years, compounding about 3.6% a year. The most recent year was up 5.6%, so growth is actually accelerating.
Net margin sits at 20.5%, up 2.9 points year over year. It carries about $11.28B of total debt.
At today's valuation the market is pricing in roughly 7.2% annual free-cash-flow growth — versus the 4.7% it actually delivered over the last five years, broadly in line with what it has delivered. The one thing worth a second look in the filings is heavy debt load.
Synthesised from Citizens Financial Group, Inc.'s SEC filings — descriptive, not advice. Ask the analyst your own question →
Citizens Financial Group, Inc. revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.25B | $5.71B | $6.13B | $6.49B | $6.91B | $6.65B | $8.02B | $8.22B | $7.81B | $8.25B |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $1.04B | $1.65B | $1.72B | $1.79B | $1.06B | $2.32B | $1.96B | $1.49B | $1.37B | $1.69B |
| Net margin | 19.9% | 28.9% | 28.1% | 27.6% | 15.3% | 34.9% | 24.4% | 18.1% | 17.6% | 20.5% |
Source: Citizens Financial Group, Inc. SEC filings (10-K). 14 years of history available in the interactive view.
Citizens Financial Group, Inc.: 2 potential red flags in the filings
Patterns in the filed statements worth a second look — computed and cited, not AI guesswork, and not a signal to sell. The kind of thing that hides in a 10-K.
- Heavy debt loadTotal debt of $11282M is 5.1× last year's operating cash flow — it would take years of cash flow to clear.
- Net margin shrinkingNet margin fell from 24.4% to 20.5% over ~3 years — profitability is compressing.
What growth is priced into CFG stock?
At today's market cap of $30.28B, Citizens Financial Group, Inc. is priced for free-cash-flow growth of about 7.2% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $1.57B from the FY ending 2019-12-31). For comparison, free cash flow actually grew 4.7%/yr over the last five fiscal years and revenue 3.6%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 14 years of Citizens Financial Group, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
Open the interactive view — freeOr start a 7-day free trial to track CFG in your portfolio →
Citizens Financial Group, Inc. financial history by metric
Compare Citizens Financial Group, Inc. with peers
About Citizens Financial Group, Inc.
Citizens Financial Group, Inc. operates as the bank holding company that provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations, and institutions in the United States. The company operates through two segments, Consumer Banking and Commercial Banking. The Consumer Banking segment offers deposit products, mortgage and home equity lending products, credit cards, business loans, and wealth management services; and education and point-of-sale finance loans, as well as digital deposit products. This segment serves its customers through telephone service centers, as well as through its online and mobile platforms. The Commercial Banking segment provides various financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, and interest rate and commodity risk management solutions, as well as syndicated loans, corporate finance, mergers and acquisitions, and debt and equity capital markets services. The company serves customers and small businesses, high- and ultra-high-net-worth individuals and families, as well as investors, entrepreneurs, and companies and institutions, as well as multifamily, office, industrial, retail, healthcare, and hospitality sectors. The company was formerly known as RBS Citizens Financial Group, Inc. and changed its name to Citizens Financial Group, Inc. in April 2014. Citizens Financial Group, Inc. was founded in 1828 and is headquartered in Providence, Rhode Island.
Citizens Financial Group, Inc. — frequently asked questions
What is Citizens Financial Group, Inc.'s revenue?
Citizens Financial Group, Inc. (CFG) reported revenue of $8.25B for fiscal year 2025, up 5.6% from the prior year, according to its SEC filings.
Is Citizens Financial Group, Inc. profitable?
Yes. CFG earned net income of $1.69B in fiscal 2025, a net margin of 20.5%.
What is CFG's P/E ratio?
Citizens Financial Group, Inc. trades at a price-to-earnings ratio of about 15.6 based on the latest data in our nightly-refreshed cache.
How fast is Citizens Financial Group, Inc. growing?
CFG's revenue grew at roughly 3.6% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Citizens Financial Group, Inc. have?
As of fiscal year 2025, CFG carried roughly $11.28B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Citizens Financial Group, Inc.'s market cap?
Citizens Financial Group, Inc. (CFG) has a market capitalization of about $30.28B, based on the latest data in our nightly-refreshed cache.
When does Citizens Financial Group, Inc.'s fiscal year end?
CFG's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into CFG stock?
At today's market cap of $30.28B, Citizens Financial Group, Inc. is priced for free-cash-flow growth of about 7.2% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $1.57B from the FY ending 2019-12-31). For comparison, free cash flow actually grew 4.7%/yr over the last five fiscal years and revenue 3.6%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Citizens Financial Group, Inc.'s official SEC filings (10-K and 10-Q), covering 14 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.