Citizens Historical Income Statement
| CFG Stock | USD 48.14 0.02 0.04% |
Historical analysis of Citizens Financial income statement accounts such as Interest Expense of 4.2 B, Selling General Administrative of 2.2 B or Selling And Marketing Expenses of 123.5 M can show how well Citizens Financial Group, performed in making a profits. Evaluating Citizens Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Citizens Financial's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Citizens Financial Group, latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Citizens Financial Group, is a good buy for the upcoming year.
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About Citizens Income Statement Analysis
Citizens Financial Group, Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Citizens Financial shareholders. The income statement also shows Citizens investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Citizens Financial Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Citizens Financial Group, generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
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. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most accounts from Citizens Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Citizens Financial Group, current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Citizens Financial Group,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. At this time, Citizens Financial's Total Operating Expenses is most likely to increase significantly in the upcoming years. The Citizens Financial's current Total Other Income Expense Net is estimated to increase to about 2.1 B, while Selling General Administrative is projected to decrease to roughly 2.2 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 339M | 1.0B | 4.0B | 4.2B | Depreciation And Amortization | 344M | 565M | 478M | 261.7M |
Citizens Financial income statement Correlations
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Citizens Financial Account Relationship Matchups
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Citizens Financial income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 171.9K | 110M | 344M | 565M | 478M | 261.7M | |
| Interest Expense | 1.6B | 771M | 339M | 1.0B | 4.0B | 4.2B | |
| Selling General Administrative | 2.0B | 2.1B | 2.1B | 2.5B | 3.0B | 2.2B | |
| Selling And Marketing Expenses | 112M | 100M | 111M | 166M | 187M | 123.5M | |
| Total Revenue | 6.5B | 6.9B | 6.6B | 8.0B | 24.1M | 22.9M | |
| Gross Profit | 6.5B | 6.9B | 6.6B | 8.0B | 8.2M | 7.8M | |
| Other Operating Expenses | 1.7B | 5.6B | 3.7B | 585M | 5.5B | 5.8B | |
| Operating Income | 2.3B | 1.3B | 3.0B | 3.7B | 8.2M | 7.8M | |
| Ebit | 2.9B | 1.8B | 3.4B | 3.0B | (469.8M) | (446.3M) | |
| Ebitda | 2.9B | 1.9B | 3.8B | 3.6B | 8.2M | 7.8M | |
| Total Operating Expenses | 1.7B | (5.6B) | (3.7B) | 585M | 5.5B | 5.8B | |
| Income Before Tax | 2.3B | 1.3B | 3.0B | 2.7B | 2.0B | 1.5B | |
| Total Other Income Expense Net | 2.3B | 1.3B | (153M) | (1.0B) | 2.0B | 2.1B | |
| Net Income | 1.8B | 843M | 2.3B | 2.1B | 1.6B | 1.1B | |
| Income Tax Expense | 460M | 241M | 658M | 582M | 422M | 424.0M | |
| Net Income Applicable To Common Shares | 1.7B | 950M | 2.2B | 2.0B | 2.3B | 1.5B | |
| Net Income From Continuing Ops | 1.8B | 1.1B | 2.3B | 2.1B | 1.6B | 1.6B | |
| Tax Provision | 460M | 241M | 658M | 582M | 422M | 488.5M | |
| Net Interest Income | 4.6B | 4.6B | 4.5B | 6.0B | 6.2B | 5.1B | |
| Interest Income | 6.2B | 5.4B | 4.9B | 7.1B | 10.2B | 6.4B | |
| Reconciled Depreciation | 633M | 578M | 625M | 565M | 478M | 608.1M |
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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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Citizens Financial Group,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Citizens Financial. If investors know Citizens will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Citizens Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.09) | Dividend Share 1.68 | Earnings Share 2.55 | Revenue Per Share 15.568 | Quarterly Revenue Growth (0.06) |
The market value of Citizens Financial Group, is measured differently than its book value, which is the value of Citizens that is recorded on the company's balance sheet. Investors also form their own opinion of Citizens Financial's value that differs from its market value or its book value, called intrinsic value, which is Citizens Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Citizens Financial's market value can be influenced by many factors that don't directly affect Citizens Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.