Citizens Gross Profit from 2010 to 2024

CFG-PH Stock   27.03  0.02  0.07%   
Citizens Financial's Gross Profit is decreasing with slightly volatile movements from year to year. Gross Profit is predicted to flatten to about 7.8 M. Gross Profit is the profit Citizens Financial Group, makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2010-12-31
Previous Quarter
8.2 M
Current Value
7.8 M
Quarterly Volatility
2.5 B
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Citizens Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Citizens Financial's main balance sheet or income statement drivers, such as Tax Provision of 523.3 M, Net Interest Income of 5.9 B or Interest Income of 7.6 B, as well as many indicators such as Price To Sales Ratio of 685, Dividend Yield of 0.0316 or PTB Ratio of 0.61. Citizens financial statements analysis is a perfect complement when working with Citizens Financial Valuation or Volatility modules.
  
Check out the analysis of Citizens Financial Correlation against competitors.

Latest Citizens Financial's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Citizens Financial Group, over the last few years. Gross profit is a required income statement account that reflects total revenue of Citizens Financial Group, minus its cost of goods sold. It is profit before Citizens Financial operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Citizens Financial's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Citizens Financial's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 010 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Citizens Gross Profit Regression Statistics

Arithmetic Mean6,042,233,333
Geometric Mean2,823,886,545
Coefficient Of Variation40.85
Mean Deviation1,609,130,222
Median6,905,000,000
Standard Deviation2,467,961,242
Sample Variance6090832.7T
Range8B
R-Value(0.55)
Mean Square Error4567890.6T
R-Squared0.30
Significance0.03
Slope(304,074,000)
Total Sum of Squares85271657.7T

Citizens Gross Profit History

20247.8 M
20238.2 M
2022B
20216.6 B

Other Fundumenentals of Citizens Financial Group,

Citizens Financial Gross Profit component correlations

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-0.960.530.540.590.40.510.50.530.470.50.38-0.470.40.38-0.67-0.37
-0.440.530.870.960.940.990.781.00.990.950.75-0.840.80.75-0.85-0.73
-0.510.540.870.870.670.910.870.860.810.850.9-0.570.840.9-0.82-0.94
-0.570.590.960.870.840.940.890.950.910.970.79-0.720.870.79-0.95-0.7
-0.270.40.940.670.840.920.560.950.980.870.54-0.90.650.54-0.68-0.51
-0.430.510.990.910.940.920.80.990.980.950.8-0.790.840.8-0.83-0.79
-0.580.50.780.870.890.560.80.770.710.90.94-0.340.970.94-0.85-0.82
-0.430.531.00.860.950.950.990.770.990.950.73-0.850.790.73-0.84-0.71
-0.360.470.990.810.910.980.980.710.990.940.7-0.850.770.7-0.77-0.68
-0.480.50.950.850.970.870.950.90.950.940.84-0.660.930.84-0.85-0.74
-0.450.380.750.90.790.540.80.940.730.70.84-0.280.961.0-0.68-0.95
0.27-0.47-0.84-0.57-0.72-0.9-0.79-0.34-0.85-0.85-0.66-0.28-0.35-0.280.660.34
-0.470.40.80.840.870.650.840.970.790.770.930.96-0.350.96-0.74-0.84
-0.450.380.750.90.790.540.80.940.730.70.841.0-0.280.96-0.68-0.95
0.66-0.67-0.85-0.82-0.95-0.68-0.83-0.85-0.84-0.77-0.85-0.680.66-0.74-0.680.61
0.38-0.37-0.73-0.94-0.7-0.51-0.79-0.82-0.71-0.68-0.74-0.950.34-0.84-0.950.61
Click cells to compare fundamentals

About Citizens Financial Financial Statements

Investors use fundamental indicators, such as Citizens Financial's Gross Profit, to determine how well the company is positioned to perform in the future. Although Citizens Financial's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Gross Profit8.2 M7.8 M
Gross Profit Margin 0.34  0.32 

Currently Active Assets on Macroaxis

When determining whether Citizens Financial Group, is a strong investment it is important to analyze Citizens Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Citizens Financial's future performance. For an informed investment choice regarding Citizens Stock, refer to the following important reports:
Check out the analysis of Citizens Financial Correlation against competitors.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Please note, there is a significant difference between Citizens Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Citizens Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Citizens Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.