CITIZENS FINANCIAL GROUP INC【CFG】

Market cap

$26B

P/E ratio

	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Interest and fees on loans and leases	-	-	-	-	-	5,441	4,719	4,253	5,968	8,489	7,948
Interest and fees on loans held for sale	5	10	15	18	37	63	75	82	67	73	77
Investment securities	619	621	584	625	672	642	519	487	840	1,162	1,658
Interest-bearing deposits in banks	5	5	8	18	29	30	11	16	128	451	503
Total interest income	3,664	3,854	4,266	4,920	5,758	6,189	5,357	4,851	7,060	10,204	10,186
Deposits	156	237	270	441	785	1,155	509	160	651	3,145	3,825
Short-term borrowed funds	-	-	-	-	-	-	2	1	23	43	15
Long-term borrowed funds	82	132	196	272	378	410	260	178	374	775	713
Total interest expense	-	-	-	-	-	-	-	-	-	-	4,553
Net interest income	3,301	3,402	3,758	4,173	4,532	4,614	4,586	4,512	6,012	6,241	5,633
Provision (benefit) for credit losses	-	-	-	-	-	-	-	-	474	687	687
Net interest income after provision (benefit) for credit losses	2,982	3,100	3,389	3,852	4,206	4,221	2,970	4,923	5,538	5,554	4,946
Service charges and fees	574	575	599	516	513	505	403	409	420	410	420
Capital markets fees	91	88	125	194	179	216	250	428	368	319	467
Card fees	-	-	-	-	244	254	217	250	273	296	368
Wealth fees	-	-	-	-	-	-	-	-	-	-	294
Mortgage banking fees	-	-	-	-	152	302	915	434	261	242	209
Foreign Exchange and Trade Finance Fees	95	90	90	109	126	155	120	120	188	183	146
Letter of credit and loan fees	-	-	-	121	128	135	140	156	159	168	175
Securities gains, net	-	-	-	-	19	19	4	10	9	28	18
Other income	-	-	-	91	67	91	67	89	82	78	79
Total noninterest income	1,678	1,422	1,497	1,534	1,596	1,877	2,319	2,135	2,009	1,983	2,176
Labor and Related Expense	1,678	1,636	1,709	1,761	1,880	2,026	2,123	2,132	2,549	2,599	2,657
Equipment Expense	250	257	263	263	275	514	565	610	648	756	769
Outside services	420	371	377	404	447	498	553	595	700	687	639
Occupancy	326	319	307	319	333	333	331	333	410	492	447
Other operating expense	573	530	526	547	495	476	419	411	585	973	722
Total noninterest expense	3,392	3,259	3,352	3,474	3,619	3,847	3,991	4,081	4,892	5,507	5,234
Income before income tax expense	-	-	-	-	-	-	-	2,977	2,655	2,030	1,888
Income tax expense	403	423	489	260	462	460	241	658	582	422	379
NET INCOME	865	840	1,045	1,652	1,721	1,791	1,057	2,319	2,073	1,608	1,509
Net income available to common stockholders	-	833	1,031	1,638	1,692	1,718	950	2,206	1,960	1,491	1,372
Earnings Per Share, Basic	1.55	1.55	1.97	3.26	3.54	3.82	2.22	5.18	4.12	3.14	3.05
Earnings Per Share, Diluted	1.55	1.55	1.97	3.25	3.52	3.81	2.22	5.16	4.1	3.13	3.03