earnings
confidence high
sentiment positive
materiality 0.70
Citizens Financial reports Q4 net income $653M, EPS $1.25, underlying EPS $1.32
CITIZENS FINANCIAL GROUP INC/RI
2022-FY EPS reported
$4.10
revenue$8,021,000,000
- Q4 net income $653M ($1.25 diluted EPS); underlying net income $685M ($1.32 EPS).
- Revenue $2.2B, up from $1.72B YoY; net interest margin 3.30%, up 5 bps QoQ.
- CET1 ratio 10.0% at upper end of target; TBV/share $27.88, up 5% QoQ.
- NCO ratio 0.22%; period-end loans $156.7B, deposits $180.7B, LDR 86.7%.
- Full year 2022 net income $2.1B, EPS $4.10; underlying EPS $4.84.