From Financial Modeling Prep: 2025-04-16 13:00:00

Citizens Financial Group, Inc. (NYSE:CFG) exceeded expectations with an EPS of $0.77, up 18.4% from the previous year. Despite slightly lower revenue of $1.935 billion, the company’s net income rose 12% to $373 million, showcasing effective expense management.

CFG operates in the banking sector, competing with major institutions in the Zacks Banks – Northeast industry. On April 16, 2025, the company reported strong financial results, driven by increased non-interest income and reduced expenses.

While CFG’s revenue of $1.935 billion fell slightly below estimates, the total quarterly revenue of $1.94 billion reflected a 1.2% year-over-year decline. The decrease was primarily due to a 4% drop in net interest income, attributed to lower net interest margin and reduced interest-earning assets.

Despite challenges, Citizens Financial Group, Inc. demonstrated its ability to effectively manage expenses, leading to a 12% increase in net income to $373 million. The company’s debt-to-equity ratio of approximately 0.51 and current ratio of 16.92 indicate a strong financial position in the market.



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