Compared to Estimates, Citizens Financial Group (CFG) Q1 Earnings: A Look at Key Metrics

Core Insights - Citizens Financial Group (CFG) reported revenue of $1.94 billion for the quarter ended March 2025, reflecting a decrease of 1.2% year-over-year, with an EPS of$ 0.77 compared to $0.65 in the same quarter last year [1] - The revenue was slightly below the Zacks Consensus Estimate by 0.29%, while the EPS exceeded the consensus estimate by 2.67% [1] Financial Performance Metrics - Efficiency Ratio was reported at 67.9%, slightly better than the estimated 68.1% [4] - Net Interest Margin stood at 2.9%, matching the average estimate [4] - Book value per common share was$ 51.99, exceeding the estimated $50.90 [4] - Return on average common equity was 6.2%, surpassing the 6% average estimate [4] - Net charge-offs amounted to$ 200 million, higher than the estimated $176.35 million [4] - Return on average total assets was 0.7%, consistent with the average estimate [4] - Average balances of total interest-earning assets were$ 195.06 billion, slightly below the estimated $195.79 billion [4] - Net charge-offs as a percentage of average loans and leases were 0.6%, above the estimated 0.5% [4] - Tangible book value per common share was$ 33.97, exceeding the estimated $32.68 [4] - Tier 1 Leverage Ratio was reported at 9.4%, matching the estimate [4] - Tier 1 Capital Ratio was 11.9%, slightly below the estimated 12% [4] - Total Capital Ratio was reported at 13.9%, consistent with the average estimate [4] Stock Performance - Citizens Financial Group's shares have returned -11.9% over the past month, compared to a -4.2% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]