Citizens Financial Group, Inc.
Citizens Financial Group, Inc. (CFG-PD) Financial Performance & Income Statement Overview
Explore the financials of Citizens Financial Group, Inc. (CFG-PD), including yearly and quarterly data on income, cash flow, and balance sheets.
Citizens Financial Group, Inc. (CFG-PD) Income Statement & Financial Overview
Explore comprehensive income reports for Citizens Financial Group, Inc. CFG-PD, broken down by year and quarter.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $3.02B | $1.90B | $1.96B | $1.96B |
| Cost of Revenue | $0.00 | $0.00 | $0.00 | $0.00 |
| Gross Profit | $3.02B | $1.90B | $1.96B | $1.96B |
| Gross Profit Ratio | $1.00 | $1.00 | $1.00 | $0.99 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $720.00M | $727.00M | $740.00M | $802.00M |
| Operating Expenses | $1.98B | $1.43B | $1.48B | $1.53B |
| Total Costs & Expenses | $1.98B | $1.43B | $1.48B | $1.53B |
| Interest Income | $2.46B | $2.54B | $2.58B | $2.61B |
| Interest Expense | $1.05B | $1.17B | $1.17B | $1.17B |
| Depreciation & Amortization | $0.00 | $129.00M | $143.00M | $102.00M |
| EBITDA | $494.00M | $599.00M | $623.00M | $532.00M |
| EBITDA Ratio | $0.16 | $0.33 | -$0.01 | -$0.01 |
| Operating Income | $494.00M | $470.00M | $480.00M | $430.00M |
| Operating Income Ratio | $0.16 | $0.33 | $0.15 | $0.14 |
| Other Income/Expenses (Net) | $14.00M | $0.00 | $0.00 | $0.00 |
| Income Before Tax | $508.00M | $470.00M | $480.00M | $430.00M |
| Income Before Tax Ratio | $0.17 | $0.25 | $0.15 | $0.14 |
| Income Tax Expense | $107.00M | $88.00M | $88.00M | $96.00M |
| Net Income | $401.00M | $382.00M | $392.00M | $334.00M |
| Net Income Ratio | $0.13 | $0.20 | $0.12 | $0.11 |
| EPS | $1.67 | $0.77 | $0.79 | $0.66 |
| Diluted EPS | $1.65 | $0.77 | $0.78 | $0.65 |
| Weighted Avg Shares Outstanding | $440.80M | $446.56M | $454.14M | $461.36M |
| Weighted Avg Shares Outstanding (Diluted) | $444.84M | $449.91M | $456.56M | $463.80M |
The company's financials show resilient growth, with revenue advancing from $1.96B in Q1 2024 to $3.02B in Q4 2024. Gross profit remained healthy with margins at 100% in Q4 2024 compared to 99% in Q1 2024. Operating income hit $494.00M last quarter, sustaining a consistent 16% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $494.00M. Net income rose to $401.00M, while earnings per share reached $1.67. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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