Company profile

Ticker
CFG
Exchange
CEO
Bruce Winfield van Saun
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
Former names
Citizens Financial Group Inc
SEC CIK

CFG stock data

(
)

Investment data

Data from SEC filings
Top 50 of 1113 long holdings
End of quarter 31 Mar 20
Value
 
#Shares
 
$73.04M 463.1K
$57.74M 227.07K
$43.67M 168.99K
SPDR S&P 500 Etf TR
$34.92M 135.46K
$31.56M 590.42K
$29.88M 126.19K
$27.88M 193.79K
$27.35M 548.23K
$26.59M 13.64K
SPDR S&P Midcap 400 Etf TR
$21.22M 80.72K
$19.93M 123.69K
$19.61M 149.52K
$19.06M 16.41K
$17.12M 68.63K
$16.98M 419.56K
$16.05M 79.16K
$15.98M 66.42K
$15.64M 93.79K
$15.38M 48.33K
$15.18M 126.39K
$15.17M 53.49K
$14.56M 175.97K
$14.04M 156K
$13.95M 259.54K
$13.92M 477.37K
$13.82M 11.89K
$11.75M 62.92K
$11.41M 100.41K
$11.12M 230.15K
$10.38M 103.88K
$9.84M 351.25K
$9.8M 34.36K
$9.53M 30.11K
$9.4M 173.67K
$9.19M 68.7K
$9.03M 65.08K
$8.99M 228.62K
$8.93M 120.89K
$8.81M 91.19K
$8.75M 53.04K
$8.71M 57.65K
$8.63M 90.14K
$8.5M 45.06K
$8.23M 95.21K
$8.08M 70.56K
$7.96M 146.1K
$7.61M 46.59K
$7.56M 219.8K
$7.53M 178.67K
$7.52M 41.77K
Holdings list only includes long positions. Only includes long positions.

Calendar

7 May 20
11 Jul 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 1.66B 1.64B 1.64B 1.63B
Net income 34M 450M 449M 453M
Diluted EPS 0.03 0.98 0.97 0.95
Net profit margin 2.05% 27.49% 27.41% 27.83%
Net change in cash 672M -456M 807M 599M
Cash on hand 4.06B 3.39B 3.84B 3.04B
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 6.49B 6.13B 5.71B 5.26B
Net income 1.79B 1.72B 1.65B 1.05B
Diluted EPS 3.81 3.52 3.25 1.97
Net profit margin 27.59% 28.08% 28.95% 19.89%
Net change in cash -688M 1.04B -672M 619M
Cash on hand 3.39B 4.07B 3.03B 3.7B

Financial data from company earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
13 May 20 Hanna Howard W. III Common Stock Grant Aquire A No 0 279.398 0 35,622.521
13 May 20 Kelly Edward J Iii Common Stock Grant Aquire A No 0 223.358 0 11,293.883
13 May 20 Higdon Leo I JR Common Stock Grant Aquire A No 0 279.398 0 29,665.521
13 May 20 Hankowsky William P Common Stock Grant Aquire A No 0 279.398 0 51,787.521
13 May 20 Lillis Terrance Common Stock Grant Aquire A No 0 223.358 0 12,293.883
93.3% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 571 673 -15.2%
Opened positions 64 89 -28.1%
Closed positions 166 64 +159.4%
Increased positions 216 209 +3.3%
Reduced positions 224 287 -22.0%
13F shares
Current Prev Q Change
Total value 85.75B 169.52B -49.4%
Total shares 398.03M 412.69M -3.6%
Total puts 686.7K 528.93K +29.8%
Total calls 834.27K 553.83K +50.6%
Total put/call ratio 0.8 1.0 -13.8%
Largest owners
Shares Value Change
Vanguard 53.59M $1.01B +2.4%
BLK BlackRock 39.86M $749.8M -1.1%
IVZ Invesco 21.95M $412.95M +10.3%
STT State Street 21.13M $397.37M -2.7%
JPM JPMorgan Chase & Co. 15.38M $289.2M +10.3%
Hotchkis & Wiley Capital Management 15.24M $286.75M +23.8%
BEN Franklin Resources 12.49M $235.03M -15.9%
LSV Asset Management 9.21M $173.2M -1.5%
Geode Capital Management 7.03M $132.01M -0.1%
Citadel Advisors 6.99M $131.4M -0.7%
Largest transactions
Shares Bought/sold Change
Norges Bank 0 -4.92M EXIT
Nuveen Asset Management 4.73M -3.51M -42.6%
Adage Capital Partners GP, L.L.C. 4.82M +3.36M +230.6%
Hotchkis & Wiley Capital Management 15.24M +2.93M +23.8%
Millennium Management 73.12K -2.87M -97.5%
BEN Franklin Resources 12.49M -2.36M -15.9%
GS The Goldman Sachs Group, Inc. 5.94M -2.31M -28.0%
IVZ Invesco 21.95M +2.06M +10.3%
MS Morgan Stanley 1.88M -1.89M -50.2%
Arrowstreet Capital, Limited Partnership 5.91M -1.59M -21.2%

Financial report summary

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Risks
  • We may not be able to successfully execute our business strategy.
  • Supervisory requirements and expectations on us as a financial holding company and a bank holding company and any regulator-imposed limits on our activities could adversely affect our ability to implement our strategic plan, expand our business, continue to improve our financial performance and make capital distributions to our stockholders.
  • Changes in interest rates may have an adverse effect on our profitability.
  • Changes in the method pursuant to which the LIBOR and other benchmark rates are calculated and their potential discontinuance could adversely impact our business operations and financial results.
  • We could fail to attract, retain or motivate highly skilled and qualified personnel, including our senior management, other key employees or members of our Board, which could impair our ability to successfully execute our strategic plan and otherwise adversely affect our business.
  • Our ability to meet our obligations, and the cost of funds to do so, depend on our ability to access identified sources of liquidity at a reasonable cost.
  • A reduction in our credit ratings, which are based on a number of factors, could have a material adverse effect on our business, financial condition and results of operations.
  • Our financial performance may be adversely affected by deterioration in borrower credit quality, particularly in the New England, Mid-Atlantic and Midwest regions, where our operations are concentrated.
  • Our framework for managing risks may not be effective in mitigating risk and loss.
  • Changes in our accounting policies or in accounting standards could materially affect how we report our financial results and condition.
  • Our financial and accounting estimates and risk management framework rely on analytical forecasting and models.
  • The preparation of our financial statements requires the use of estimates that may vary from actual results. Particularly, various factors may cause our ALLL to increase.
  • Operational risks are inherent in our businesses.
  • The financial services industry, including the banking sector, is undergoing rapid technological changes as a result of competition and changes in the legal and regulatory framework, and we may not be able to compete effectively as a result of these changes.
  • We are subject to a variety of cybersecurity risks that, if realized, could adversely affect how we conduct our business.
  • We rely heavily on communications and information systems to conduct our business.
  • We rely on third parties for the performance of a significant portion of our information technology.
  • We are exposed to reputational risk and the risk of damage to our brands and the brands of our affiliates.
  • We may be adversely affected by unpredictable catastrophic events or terrorist attacks and our business continuity and disaster recovery plans may not adequately protect us from serious disaster.
  • Any deterioration in national economic conditions could have a material adverse effect on our business, financial condition and results of operations.
  • We operate in an industry that is highly competitive, which could result in losing business or margin declines and have a material adverse effect on our business, financial condition and results of operations.
  • The conditions of other financial institutions or of the financial services industry could adversely affect our operations and financial conditions.
  • As a financial holding company and a bank holding company, we are subject to comprehensive regulation that could have a material adverse effect on our business and results of operations.
  • We may be unable to disclose some restrictions or limitations on our operations imposed by our regulators.
  • The regulatory environment in which we operate continues to be subject to significant and evolving regulatory requirements that could have a material adverse effect on our business and earnings.
  • We are subject to capital adequacy and liquidity standards, and if we fail to meet these standards our financial condition and operations would be adversely affected.
  • The Parent Company could be required to act as a “source of strength” to CBNA, which would have a material adverse effect on our business, financial condition and results of operations.
  • The Parent Company depends on CBNA for most of its revenue, and restrictions on dividends and other distributions by CBNA could affect its liquidity and ability to fulfill our obligations.
  • From time-to-time, we may become or are subject to regulatory actions that may have a material impact on our business.
  • We are and may be subject to litigation that may have a material impact on our business.
  • Compliance with anti-money laundering and anti-terrorism financing rules involve significant cost and effort.
  • Our stock price may be volatile, and you could lose all or part of your investment as a result.
  • We may not repurchase shares or pay cash dividends on our common stock.
  • “Anti-takeover” provisions and the regulations to which we are subject may make it more difficult for a third party to acquire control of us, even if the change in control would be beneficial to stockholders.
Management Discussion
  • ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
  • This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements regarding potential future share repurchases and future dividends as well as the potential effects of the COVID-19 pandemic on our business, operations, financial performance and prospects, are forward-looking statements. Also, any statement that does not describe historical or current facts is a forward-looking statement. These statements often include the words “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “goals,” “targets,” “initiatives,” “potentially,” “probably,” “projects,” “outlook” or similar expressions or future conditional verbs such as “may,” “will,” “should,” “would,” and “could.”
  • Forward-looking statements are based upon the current beliefs and expectations of management, and on information currently available to management. Our statements speak as of the date hereof, and we do not assume any obligation to update these statements or to update the reasons why actual results could differ from those contained in such statements in light of new information or future events. We caution you, therefore, against relying on any of these forward-looking statements. They are neither statements of historical fact nor guarantees or assurances of future performance. While there is no assurance that any list of risks and uncertainties or risk factors is complete, important factors that could cause actual results to differ materially from those in the forward-looking statements include the following, without limitation:
Content analysis ?
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H.S. sophomore Avg
New words: AACL, accommodation, advantaged, anticipated, avoid, Baseline, bps, breaking, calibrated, cancelable, capable, CECL, CFPB, clarify, conclusion, constitute, covenant, CPR, CRE, cybersecurity, deep, deeper, depth, DFAST, difficulty, dislocation, disrupted, disruption, distancing, EAD, econometric, elevated, enacted, encouraged, entry, essential, facility, fell, FICO, fiscal, flexibility, FR, frequently, gain, GDP, grown, guided, harm, HVCRE, imprecise, inclusion, inclusive, insufficient, intensive, interact, interagency, intervention, intraperiod, law, lead, LGD, lifetime, Los, meaningful, meaningfully, migration, nominal, organically, outbreak, outcome, pace, pandemic, Paycheck, payroll, PD, peer, pessimistic, pipeline, PPP, President, principle, protracted, rapidly, reassessed, recession, refreshed, registered, remote, reputation, requested, requesting, restricting, restrictive, retention, revert, roll, scale, scrutiny, setoff, shortfall, sizeable, social, sooner, stabilize, staffing, statistical, strongest, sudden, suitable, supply, surfaced, suspend, temporarily, transformational, transition, treated, trillion, Trinity, Trump, ultimate, unavailable, uncertainty, uncollected, uncollectible, unconditionally, unearned, unemployment, unpredictable, verification, vigor, warrant, weakening, world, worse
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