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CFG's first-quarter 2025 results benefit from a rise in fee income and a decline in expenses. Yet, a dip in NII acts as a spoilsport.
Citizens Financial Group, Inc. shows mixed performance with stable asset quality but declining loans and deposits, leading us to rate it as a sector perform. Q1 revenues fell to $1.94 billion, with net income narrowing to $373 million, though EPS beat expectations at $0.77. Deposits slightly increased to $177.6 billion, but loans continued to decline, signaling potential income challenges despite tighter lending standards.
Citizens Financial Group, Inc. (NYSE:CFG ) Q1 2025 Earnings Conference Call April 16, 2025 8:00 AM ET Company Participants Kristin Silberberg - Head, Investor Relations Bruce Van Saun - Chairman & Chief Executive Officer John Woods - Chief Financial Officer Don McCree - Head, Commercial Banking Brendan Coughlin - Head, Consumer Banking Conference Call Participants John Pancari - Evercore ISI Ken Usdin - Autonomous Research Peter Winter - D.A. Davidson Erika Najarian - UBS Matt O'Connor - Deutsche Bank Gerard Cassidy - RBC Capital Markets Ebrahim Poonawala - Bank of America Manan Gosalia - Morgan Stanley Operator Good morning, everyone, and welcome to the Citizens Financial Group First Quarter 2025 Earnings Conference Call.
While the top- and bottom-line numbers for Citizens Financial Group (CFG) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Citizens Financial Group (CFG) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.75 per share. This compares to earnings of $0.65 per share a year ago.
PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) today announced that Azra Pravdic has been named head of Enterprise Strategy, effective May 12. Azra will report to John Woods, Vice Chair and Chief Financial Officer, and to Bruce Van Saun, Chairman and Chief Executive Officer. She will sit on the bank's Executive Committee and will oversee a broad portfolio that includes strategy, corporate development, customer experience, innovation, sustainability, and agile oper.
CFG's first-quarter 2025 results are likely to reflect a decline in NII and non-interest income, along with a rise in expenses.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Citizens Financial Group (CFG), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2025.
Citizens Financial Group (CFG) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Citizens Financial Group (CFG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.