Citizens Financial Group (CFG) Revenue & Revenue Breakdown
Citizens Financial Group Revenue Highlights
Latest Revenue (Y)
$24.12M
Latest Revenue (Q)
$3.11B
Main Segment (Y)
Service Charges and Fees
Citizens Financial Group Revenue by Period
Citizens Financial Group Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $24.12M | -99.70% |
| 2022-12-31 | $8.02B | 20.67% |
| 2021-12-31 | $6.65B | -3.74% |
| 2020-12-31 | $6.91B | 6.38% |
| 2019-12-31 | $6.49B | 5.92% |
| 2018-12-31 | $6.13B | 7.38% |
| 2017-12-31 | $5.71B | 8.60% |
| 2016-12-31 | $5.25B | 8.93% |
| 2015-12-31 | $4.82B | 2.84% |
| 2014-12-31 | $4.69B | 0.02% |
| 2013-12-31 | $4.69B | -4.17% |
| 2012-12-31 | $4.89B | -2.72% |
| 2011-12-31 | $5.03B | - |
Citizens Financial Group generated $24.12M in revenue during NA 2023, up -99.70% compared to the previous quarter, and up 0.39% compared to the same period a year ago.
Citizens Financial Group Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $3.11B | -1.61% |
| 2024-03-31 | $3.17B | 59.21% |
| 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 | $2.20B | 1.06% |
| 2022-09-30 | $2.18B | 10.62% |
| 2022-06-30 | $1.97B | 19.64% |
| 2022-03-31 | $1.65B | -4.36% |
| 2021-12-31 | $1.72B | 3.68% |
| 2021-09-30 | $1.66B | 3.11% |
| 2021-06-30 | $1.61B | -3.01% |
| 2021-03-31 | $1.66B | -2.81% |
| 2020-12-31 | $1.71B | -4.69% |
| 2020-09-30 | $1.79B | 2.34% |
| 2020-06-30 | $1.75B | 5.61% |
| 2020-03-31 | $1.66B | 1.22% |
| 2019-12-31 | $1.64B | -0.06% |
| 2019-09-30 | $1.64B | 0.61% |
| 2019-06-30 | $1.63B | 2.52% |
| 2019-03-31 | $1.59B | -0.31% |
| 2018-12-31 | $1.59B | 1.85% |
| 2018-09-30 | $1.56B | 3.64% |
| 2018-06-30 | $1.51B | 3.21% |
| 2018-03-31 | $1.46B | -1.48% |
| 2017-12-31 | $1.48B | 2.84% |
| 2017-09-30 | $1.44B | 3.37% |
| 2017-06-30 | $1.40B | 0.87% |
| 2017-03-31 | $1.38B | 1.54% |
| 2016-12-31 | $1.36B | -1.23% |
| 2016-09-30 | $1.38B | 7.98% |
| 2016-06-30 | $1.28B | 3.57% |
| 2016-03-31 | $1.23B | 0.41% |
| 2015-12-31 | $1.23B | 1.65% |
| 2015-09-30 | $1.21B | 0.75% |
| 2015-06-30 | $1.20B | 1.44% |
| 2015-03-31 | $1.18B | 32.77% |
| 2014-12-31 | $891.00M | -23.26% |
| 2014-09-30 | $1.16B | -2.03% |
| 2014-06-30 | $1.19B | 1.63% |
| 2014-03-31 | $1.17B | 0.69% |
| 2013-12-31 | $1.16B | 0.43% |
| 2013-09-30 | $1.15B | -2.78% |
| 2013-06-30 | $1.19B | -0.59% |
| 2013-03-31 | $1.19B | - |
Citizens Financial Group generated $3.11B in revenue during Q2 2024, up -1.61% compared to the previous quarter, and up 146.33% 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/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Trust and Investment Services Fees | $259.00M | - | $16.00M | $14.00M | $15.00M |
| Service Charges and Fees | $409.00M | $3.00M | - | - | - |
| Card Fees | $291.00M | - | - | - | - |
Citizens Financial Group's latest annual revenue breakdown by segment (product or service), as of Dec 23: Service Charges and Fees (42.65%), Card Fees (30.34%), and Trust and Investment Services Fees (27.01%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Card Fees | $84.00M | $139.00M | $74.00M | $78.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Service Charges and Fees | $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 | $4.00M | $3.00M |
Citizens Financial Group's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Service Charges and Fees (38.71%), Card Fees (33.87%), and Trust and Investment Services Fees (27.42%).
Citizens Financial Group Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| USB | U.S. Bancorp | $28.01B | $10.80B |
| PNC | PNC Financial Services Group | $21.51B | $8.04B |
| FITB | Fifth Third Bancorp | $12.64B | $3.31B |
| KEY | KeyCorp | $10.40B | $2.71B |
| MTB | M&T Bank | $10.22B | $3.37B |
| HBAN | Huntington Bancshares | $8.92B | $2.98B |
| RF | Regions Financial | $6.90B | $2.32B |
| CMA | Comerica | $5.29B | $1.25B |
| WAL | Western Alliance Ban | $4.33B | $1.24B |
| ZION | Zions Bancorporation, National Association | $2.71B | $1.25B |
| FHN | First Horizon | $1.39B | $1.28B |
| CFG | Citizens Financial Group | $24.12M | $3.11B |
CFG Revenue FAQ
What is Citizens Financial Group’s yearly revenue?
Citizens Financial Group's yearly revenue for 2023 was $24.12M, representing a decrease of -99.70% compared to 2022. The company's yearly revenue for 2022 was $8.02B, representing an increase of 20.67% compared to 2021. CFG's yearly revenue for 2021 was $6.65B, representing a decrease of -3.74% compared to 2020.
What is Citizens Financial Group’s quarterly revenue?
Citizens Financial Group's quarterly revenue for Q2 2024 was $3.11B, a -1.61% decrease from the previous quarter (Q1 2024), and a 48.71% increase year-over-year (Q2 2023). The company'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). CFG's quarterly revenue for Q4 2023 was $1.99B, a -1.29% decrease from the previous quarter (Q3 2023), and a -9.64% decrease year-over-year (Q4 2022).
What is Citizens Financial Group’s revenue growth rate?
Citizens Financial Group's revenue growth rate for the last 3 years (2021-2023) was -99.64%, and for the last 5 years (2019-2023) was -99.63%.
What are Citizens Financial Group’s revenue streams?
Citizens Financial Group's revenue streams in c 23 are Trust and Investment Services Fees, Service Charges and Fees, and Card Fees. Trust and Investment Services Fees generated $259M in revenue, accounting 27.01% of the company's total revenue Service Charges and Fees generated $409M in revenue, accounting 42.65% of the company's total revenue, up 13533.33% year-over-year. Card Fees generated $291M in revenue, accounting 30.34% of the company's total revenue
What is Citizens Financial Group’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Citizens Financial Group was Service Charges and Fees. This segment made a revenue of $409M, representing 42.65% of the company's total revenue.