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Citizens Financial Group (CFG) Revenue & Revenue Breakdown

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Citizens Financial Group Revenue Highlights

Latest Revenue (Y)

$12.30B

Latest Revenue (Q)

$3.06B

Main Segment (Y)

Service Charges and Fees

Citizens Financial Group Revenue by Period

Citizens Financial Group Revenue by Year

DateRevenueChange
2024-12-31$12.30B49.61%
2023-12-31$8.22B2.14%
2022-12-31$8.05B21.14%
2021-12-31$6.65B-3.74%
2020-12-31$6.91B6.38%
2019-12-31$6.49B5.92%
2018-12-31$6.13B7.38%
2017-12-31$5.71B8.60%
2016-12-31$5.25B8.93%
2015-12-31$4.82B2.84%
2014-12-31$4.69B0.02%
2013-12-31$4.69B-4.17%
2012-12-31$4.89B-2.72%
2011-12-31$5.03B-

Citizens Financial Group generated $12.30B in revenue during NA 2024, up 49.61% compared to the previous quarter, and up 189.55% compared to the same period a year ago.

Citizens Financial Group Revenue by Quarter

DateRevenueChange
2024-09-30$3.06B-3.26%
2024-06-30$3.16B-0.19%
2024-03-31$3.17B59.21%
2023-12-31$1.99B-1.29%
2023-09-30$2.01B-3.82%
2023-06-30$2.09B-1.60%
2023-03-31$2.13B-3.27%
2022-12-31$2.20B1.06%
2022-09-30$2.18B10.62%
2022-06-30$1.97B19.64%
2022-03-31$1.65B-4.36%
2021-12-31$1.72B3.68%
2021-09-30$1.66B3.11%
2021-06-30$1.61B-3.01%
2021-03-31$1.66B-2.81%
2020-12-31$1.71B-4.69%
2020-09-30$1.79B2.34%
2020-06-30$1.75B5.61%
2020-03-31$1.66B1.22%
2019-12-31$1.64B-0.06%
2019-09-30$1.64B0.61%
2019-06-30$1.63B2.52%
2019-03-31$1.59B-0.31%
2018-12-31$1.59B1.85%
2018-09-30$1.56B3.64%
2018-06-30$1.51B3.21%
2018-03-31$1.46B-1.48%
2017-12-31$1.48B2.84%
2017-09-30$1.44B3.37%
2017-06-30$1.40B0.87%
2017-03-31$1.38B1.54%
2016-12-31$1.36B-1.23%
2016-09-30$1.38B7.98%
2016-06-30$1.28B3.57%
2016-03-31$1.23B0.41%
2015-12-31$1.23B1.65%
2015-09-30$1.21B0.75%
2015-06-30$1.20B1.44%
2015-03-31$1.18B32.77%
2014-12-31$891.00M-23.26%
2014-09-30$1.16B-2.03%
2014-06-30$1.19B1.63%
2014-03-31$1.17B0.69%
2013-12-31$1.16B0.43%
2013-09-30$1.15B-2.78%
2013-06-30$1.19B-0.59%
2013-03-31$1.19B-

Citizens Financial Group generated $3.06B in revenue during Q3 2024, up -3.26% compared to the previous quarter, and up 145.94% compared to the same period a year ago.

Citizens Financial Group Revenue Breakdown

Citizens Financial Group Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21Dec 20
Card Fees$362.00M$291.00M---
Service Charges and Fees$417.00M$409.00M$3.00M--
Trust and Investment Services Fees-$259.00M-$16.00M$14.00M

Citizens Financial Group's latest annual revenue breakdown by segment (product or service), as of Dec 24: Service Charges and Fees (53.53%), and Card Fees (46.47%).

Quarterly Revenue by Product

Product/ServiceDec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
Card Fees$187.00M$91.00M$84.00M$139.00M$74.00M$78.00M--------------
Service Charges and Fees$212.00M$109.00M$96.00M$203.00M$105.00M$101.00M$1.00M$1.00M------------
Trust and Investment Services Fees--$68.00M$127.00M$63.00M$65.00M$4.00M$3.00M--$4.00M$4.00M$4.00M$4.00M$4.00M$4.00M$3.00M$3.00M$4.00M$4.00M

Citizens Financial Group's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Service Charges and Fees (53.13%), and Card Fees (46.87%).

Citizens Financial Group Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
USBU.S. Bancorp$28.01B$2.70B
PNCPNC Financial Services Group$20.77B$5.46B
CFGCitizens Financial Group$12.30B$3.06B
MTBM&T Bank$11.03B$3.39B
FITBFifth Third Bancorp$10.43B$3.38B
HBANHuntington Bancshares$9.92B$3.05B
KEYKeyCorp$8.43B$1.91B
RFRegions Financial$7.11B$2.35B
ZIONZions Bancorporation, National Association$4.29B$1.28B
CMAComerica$3.94B$982.00M
FHNFirst Horizon$1.16B$1.28B
WALWestern Alliance Ban-$1.29B

CFG Revenue FAQ

What is Citizens Financial Group’s yearly revenue?

Citizens Financial Group's yearly revenue for 2024 was $12.3B, representing an increase of 49.61% compared to 2023. The company's yearly revenue for 2023 was $8.22B, representing an increase of 2.14% compared to 2022. CFG's yearly revenue for 2022 was $8.05B, representing an increase of 21.14% compared to 2021.

What is Citizens Financial Group’s quarterly revenue?

Citizens Financial Group's quarterly revenue for Q3 2024 was $3.06B, a -3.26% decrease from the previous quarter (Q2 2024), and a 51.74% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $3.16B, a -0.19% decrease from the previous quarter (Q1 2024), and a 50.86% increase year-over-year (Q2 2023). CFG's quarterly revenue for Q1 2024 was $3.16B, a 59.21% increase from the previous quarter (Q4 2023), and a 48.73% increase year-over-year (Q1 2023).

What is Citizens Financial Group’s revenue growth rate?

Citizens Financial Group's revenue growth rate for the last 3 years (2022-2024) was 52.81%, and for the last 5 years (2020-2024) was 78.19%.

What are Citizens Financial Group’s revenue streams?

Citizens Financial Group's revenue streams in c 24 are Card Fees, and Service Charges and Fees. Card Fees generated $362M in revenue, accounting 46.47% of the company's total revenue, up 24.40% year-over-year. Service Charges and Fees generated $417M in revenue, accounting 53.53% of the company's total revenue, up 1.96% year-over-year.

What is Citizens Financial Group’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Citizens Financial Group was Service Charges and Fees. This segment made a revenue of $417M, representing 53.53% of the company's total revenue.