Citizens Financial Group (CFG) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

Financial Performance - Citizens Financial Group (CFG) reported revenue of $1.99 billion for the quarter ended December 2024, a decrease of 0.1% year-over-year, but a surprise of +1.29% over the Zacks Consensus Estimate of$ 1.96 billion [1] - Earnings per share (EPS) for the quarter was $0.85, significantly higher than$ 0.34 in the same quarter last year, with an EPS surprise of +2.41% compared to the consensus estimate of $0.83 [1] Key Metrics - Total interest-earning assets averaged$ 196.61 billion, slightly below the average estimate of $197.05 billion [4] - Net charge-offs were reported at$ 189 million, close to the average estimate of $190.95 million [4] - Net Interest Margin stood at 2.9%, exceeding the average estimate of 2.8% [4] - Return on average common equity was 6.6%, above the estimated 6.4% [4] - Book value per common share was$ 50.26, lower than the estimated $50.76 [4] - Return on average total assets was 0.7%, matching the estimated 0.7% [4] - Efficiency Ratio was reported at 66.3%, higher than the estimated 65.4% [4] - Net charge-offs as a percentage of average loans and leases were 0.5%, consistent with the average estimate [4] - Tangible book value per common share was$ 32.34, below the estimated $32.75 [4] - Common Equity Tier 1 Capital Ratio (CET1) was 10.8%, above the estimated 10.6% [4] - Tier 1 Leverage Ratio was 9.4%, significantly higher than the estimated 8.3% [4] - Tier 1 Capital Ratio was reported at 12.1%, above the estimated 11.9% [4] Stock Performance - Shares of Citizens Financial Group have returned +10.3% over the past month, outperforming the Zacks S&P 500 composite, which saw a -2.1% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]