Citizens Financial Group, Inc. (CFG) Stock

Citizens Financial Group, Inc. (CFG) is a Financials stock trading at $69.68 (as of 2026-08-20), with a market capitalization of $29.35B and a trailing P/E of 13.8. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Citizens Financial Group, Inc. is a U.S. bank holding company that provides banking products and services through Citizens Bank, N.A. It operates in Consumer Banking and Commercial Banking, serving individuals, small businesses, middle-market companies, corporations, institutions, and government and not-for-profit clients.

Understand Citizens Financial Group, Inc.: how it makes money

Citizens Financial Group (CFG) is a US retail and commercial bank that earns money by taking deposits and making loans and related financial services, and it reports two banking businesses, Consumer Banking and Commercial Banking.

CFG's profit model, as reflected in the operating revenue tracking provided, is driven primarily by "Revenue - Legacy Core (Underlying, non-GAAP)" with smaller contributions from "Revenue - Non-Core (Underlying, non-GAAP)" and "Private bank revenue", so results are most sensitive to Legacy Core performance.

Business quality (Solid): Good high-level clarity on what the bank does and that it tracks Legacy Core, Non-Core, and Private Bank revenue, but this data set does not provide reportable segment revenue for Consumer Banking versus Commercial Banking, and it lacks key operating bank drivers like net interest income and credit costs.

Valuation: At 16× earnings, CFG trades 27% above the Banking average (13×). Note: one-time items can distort reported P/E.

Bull case

Legacy Core is the largest revenue bucket in the operating revenue set: The provided operating revenue tracking shows "Revenue - Legacy Core (Underlying, non-GAAP)" at 1.98B USD, which is substantially larger than Non-Core (0.04B USD) and Private bank revenue (0.03B USD).
Strong profitability in the latest quarter: For the quarter ended 2026-03-31, CFG shows an operating margin of 30.0% in the provided financials.

Bear case

Limited diversification across the provided revenue components: Non-Core (0.04B USD) and Private bank revenue (0.03B USD) are small versus Legacy Core (1.98B USD), which can mean less offset if Legacy Core weakens.
Key bank-specific operating risks are not shown in the provided facts: The dataset provided here does not include metrics for credit performance (such as charge-offs or delinquency) or funding and earning spread (such as net interest income), so it is not possible to assess those drivers from these facts alone.

Valuation — source: SEC EDGAR (first-party)
Price	$69.68
Market Cap	$29.35B
P/E Ratio	13.8
EV / EBITDA	10.4
Price / Book	1.12
Price / Sales	3.36
DCF Value (model)	$51.12
DCF Upside vs Price	-26.6%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$8.25B
Net Margin	22.2%
Revenue Growth (YoY)	12.1%
EPS Growth (YoY)	40.9%

Valuation vs Sector & Industry
Stock P/E	13.8
Sector P/E (Financials)	15.1
Industry P/E (Banking)	12.9
vs Sector	-8.8%
vs Industry	6.9%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	VANGUARD GROUP INC ($3.00B)
Institutional Holders Tracked	10
Congressional Trades (recent)	10

Company
Sector	Financials
Industry	Banking
CEO	Bruce Winfield Van Saun
Employees	17,315
Country	US
IPO Date	2014-09-24

Related Companies (Business model: Universal / Commercial Bank; 8 closest by market cap; US-domiciled)

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.