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Citizens Financial Group (CFG) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

Citizens Financial Group Revenue Highlights

Latest Revenue (Y)

$24.12M

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
2023-12-31$24.12M-99.70%
2022-12-31$8.02B20.67%
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 $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

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 23Dec 22Dec 21Dec 20Dec 19
Service Charges and Fees$409.00M$3.00M---
Trust and Investment Services Fees$259.00M-$16.00M$14.00M$15.00M
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/ServiceSep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Card Fees$91.00M$84.00M$139.00M$74.00M$78.00M---------------
Service Charges and Fees$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$4.00M

Citizens Financial Group's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Service Charges and Fees (54.50%), and Card Fees (45.50%).

Citizens Financial Group Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
USBU.S. Bancorp$28.01B$2.70B
PNCPNC Financial Services Group$21.51B$5.46B
FITBFifth Third Bancorp$12.64B$3.38B
KEYKeyCorp$10.40B$1.91B
MTBM&T Bank$10.22B$3.39B
HBANHuntington Bancshares$8.92B$3.05B
RFRegions Financial$6.90B$2.35B
CMAComerica$5.29B$982.00M
WALWestern Alliance Ban$4.33B$1.29B
ZIONZions Bancorporation, National Association$2.71B$1.28B
FHNFirst Horizon$1.39B$1.28B
CFGCitizens Financial Group$24.12M$3.06B

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 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 (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 Service Charges and Fees, Trust and Investment Services Fees, and Card Fees. Service Charges and Fees generated $409M in revenue, accounting 42.65% of the company's total revenue, up 13533.33% year-over-year. Trust and Investment Services Fees generated $259M in revenue, accounting 27.01% of the company's total revenue 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.