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Citizens Financial (CFG)
NYSE:CFG
Earnings Data
Report Date
Apr 16, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.75Last Year’s EPS
0.65Same Quarter Last Year
Moderate Buy
Based on 16 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 16, 2025
|% Change Since: 3.71%
|Next Earnings Date:Jul 16, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a balanced view with strong performance in net interest margin and Private Bank growth, while acknowledging challenges posed by market uncertainty and slower-than-expected loan growth.Company Guidance
During the Citizens Financial Group's first-quarter 2025 earnings call, several key metrics and financial guidance points were highlighted. The company reported a net interest margin (NIM) expansion of 3 basis points to 2.90% and core loan growth of 1%. The balance sheet remains robust with a Common Equity Tier 1 (CET1) ratio of 10.6% and a loan-to-deposit ratio (LDR) of 77.5%. The bank is strategically selling $1.9 billion in non-core student loans and has already sold $200 million in Q1. The transaction is expected to be accretive to NIM, EPS, and ROTCE. Furthermore, the bank issued $750 million in senior debt, bolstering its funding base. The Private Bank showed significant growth, reaching $8.7 billion in deposits and $5.2 billion in assets under management (AUM). For the full year, the company reaffirmed its EPS estimate and anticipates a pickup in loan demand and deal activity in the latter half of the year, despite the current macroeconomic uncertainties. The guidance reflects potential risks from continued economic uncertainty, with possible offsets including better funding costs and share repurchases.Net Interest Margin Expansion
Net Interest Margin (NIM) expanded by 3 basis points to 2.90%, indicating improved profitability from interest-earning assets.
Strong Private Bank Growth
The Private Bank achieved significant growth, reaching $8.7 billion in deposits and $5.2 billion in assets under management (AUM).
Successful Debt Issuance
Issued $750 million in senior debt, strengthening the funding base.
Capital and Liquidity Management
CET1 ratio of 10.6% and LDR of 77.5%, demonstrating strong capital and liquidity positions.
Share Repurchases
Completed $200 million in stock buybacks, taking advantage of strong capital position.
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CFG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CFG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 16, 2025 | $36.10 | $35.46 | -1.77% |
| Jan 17, 2025 | $46.39 | $47.13 | +1.60% |
| Oct 16, 2024 | $42.67 | $41.62 | -2.46% |
| Jul 17, 2024 | $38.49 | $39.77 | +3.33% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Citizens Financial (CFG) report earnings?
Citizens Financial (CFG) is schdueled to report earning on Apr 16, 2025, TBA Not Confirmed.
What is Citizens Financial (CFG) earnings time?
Citizens Financial (CFG) earnings time is at Apr 16, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CFG EPS forecast?
CFG EPS forecast for the fiscal quarter 2025 (Q1) is 0.75.
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